In addition to the sanctions against Russian government debt, which promise to cause foreign investors to flee Russia and drive the ruble even lower, US senators have prepared a powerful blow to the Russian banking system.

A virtually unnoticed provision in the new bill to expand the sanctions proposes new strict restrictions on Russia’s largest state banks, finanz.ru reports.

This provision may in fact cause more tangible damage to the Russian economy than the restrictions pertaining to …

Russian military specialists in combating unmanned aerial vehicles repelled a mock enemy drone attack on the defense perimeter of their S-300 missile systems in South Ossetia. Military snipers from the Southern Military district base also took part in the operation an attack, RIA Novosti reports, citing the press service of the Southern Military district.

"During the special tactic exercises, specialists of the Krasukha electronic warfare system and the crew of the Pantsir-S anti-aircraft …

At a meeting in Simferopol, Russian Presidential Aide Igor Levitin has demanded that the fleet of passenger railway carriages in annexed Crimea be upgraded before the opening of the railway portion of the Kerch Bridge.

“Out of 20 instructions, four still need to be carried out. One of them is to upgrade the fleet of passenger carriages on the Crimean Railway by 2020. We need to calculate how much rolling stock is needed in connection with the launch of railway traffic on the bridge,” TASS …