• Two MiG-29 fighter jets gifted by Russia arrive in Serbia

    Two of the six MiG29 fighters given by Moscow to Belgrade arrived in Serbia on Monday, the Serbian Defense Ministry announced.

    “The first two MiG-29 planes have been transferred to the Serbian Armed Forces. The landing of the An-124 [cargo plane] and reception of the planes at the Batajnica Air Base was attended by Serbian Defense Minister Aleksandar Vulin, Chief-of-Staff Ljubiša Diković, and anti-air defense Commander Ranko Živak,” the report states.

    Vulin told those assembled that, on July 4 …

  • Kremlin: Russia ready to respond to US over seizure of diplomatic property

    The seizure of Russian diplomatic assets in the United States by US Special Services is a gross violation of international law, and Moscow is ready to respond to Washington's actions, the Russian Foreign Ministry said in a statement released Tuesday.

    "Despite our warnings, the U.S. authorities did not listen to reason and did not give up their illegal intentions. Today they have completely seized all facilities of the Consulate General of Russia in San Francisco," the Foreign Ministry said in …

  • Russian Black Sea Fleet conducts military exercises off Crimean coast

    Ships and submarines from the Russian Black Sea Fleet in annexed Crimea set out to sea to work on planned military training exercises, Kryminform reports, citing Black Sea Fleet Spokesman Captain Vyacheslav Trukhachev.

    “Over the course of a few days, the ship crews will conduct exercises as ship strike, anti-submarine  and mine-sweeping tactical groups in collaboration with the shore-based missile and artillery units, naval aircraft and the anti-air defense fleet,” he announced.Trukhachev …

  • Crimean Ministry of Finance: as of October authorities have used only half of the funds allocated by Kremlin

    The consolidated budget expenditures from the annexed Crimea exceeded 77 billion rubles (more than $1.3 billion), which is 44.5% of the annual budget, as reported by the Crimean Ministry of Finance’s press service, which is controlled by Russia.

    "Our analysis for January-August showed that if the growth of 2016 over 2015 was more than 9 billion rubles ($156.1 million), then those of 2017 as compared to 2016 would already be 17.4 billion-($301.9 million)," the press service published the …

  • Russia raises export duties on oil

    The Ministry of Economic Development of Russia has decided to increase the duty on oil exports from October 1. According to the department’s documents, the first increase since September last year will amount to almost $4 per ton, bringing the tax on exported oil from $84.10 to $87.90 this September.

    The increase will affect almost all types of fuel. According to RIA Novosti, the export duty for high-viscosity oil is raised to $13.60 from $12.90 for commercial gasoline, up to $26.30 compared …