Russian President Vladimir Putin has signed a decree dissolving Roscosmos, one of the most advanced space agencies in the world. Starting January 1st, 2016, a state-run corporation will replace the space program.

"You can compare it to the fall of the Roman Empire... The Russian space industry is collapsing," an analyst and science associate at the Russian Academy of Sciences told IBTimes UK.

A statement by Roscosmos hinted that the decision was made due to government cutbacks during the …

The adviser to the Minister of Internal Affairs, Zoryan Shkiryak, declared on Ukrainian TV that Russian-backed separatists are preparing for another round of military action in the Donbas region as evidenced by their movement of military equipment to the boundary line.

According to him, militants are planning to launch attacks against Ukrainian forces during the New Year holidays.

“According to the latest operational information that we have received, armed provocations and attempts by …

Former Minister of Finance of the Russian Federation, Alexei Kudrin, was engaged in talks last week with Russian President Vladimir Putin and other top officials about returning to a senior post to help deal with the worsening economic situation.

According to Kudrin, if oil prices continue to fall, there will be a further decline in the Russian economy.

Kudrin holds that the Russian economic crisis has not yet reached its pinnacle, and argues that “today we see a further deterioration of the …

The Permanent Representative of Russia to the EU, Ambassador Vladimir Chizhov, said that the real causes of the difficulties in relations between Russia and the EU lie in geopolitics.

According to Chizov, formal relations with the European Union have been continuing for 26 years, but this year was "perhaps the most difficult." In his opinion, the relations of the countries "have become hostages of the West's interests.” Formally, the ongoing difficulties are part of the "Ukrainian crisis" but …

Former KGB and FSB agent Boris Karpichkov was quoted in the Daily Mail as saying that the Kremlin deliberately blew up the A321 aircraft of Russian airline Kogalymavia over Sinai in Egypt.

The alleged reason was that Russian President Vladimir Putin wanted to receive the attention and sympathy of the world in order to recover his standing in the international arena. This was also a good opportunity to initiate open conflict with ISIL.

Karpichkov was promoted to Major during his ten years of …