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Russia to create a special bank to allow financing of Russian military companies in circumvention of western sanctions
In response to new US sanctions, Russia created a special bank to service defense industry companies, reported the newspaper Kommersant, citing sources close to the government and the presidential administration.
According to the newspaper, the Russian Financial Corporation (RFK), which is 100% owned by Rosoboronexport, a subsidiary of Russian concern Rostec, has become the main candidate for the role of a specialized bank for servicing the military industry.
It is reported that the creation …
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Ukraine will not completely abandon Russian ruble
There are no grounds for refusing to circulate the Russian ruble in Ukraine, stated Oleh Churiy, Deputy Chairman of the National Bank of Ukraine (NBU).
"A few weeks ago, the NBU forbade exchange offices of authorized banks to accept Russian rubles with images of Ukrainian territories [ that are not controlled by Ukraine due to Russia’s aggression]... At present, we do not have any plans to further ban the circulation of cash Russian rubles on the territory of Ukraine," Churiy said at a …
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Ukrainian General: Russia sets up its military base in Crimea for an attack on Ukraine
In moving a new weapons to the annexed Crimea, Russia is preparing not for defense, but for an attack on mainland Ukraine, as expressed on Krym Realii radio by Lieutenant General and former Deputy Chief of the General Staff of Ukraine, Ihor Romanenko.
"As far as I know, they are planning to bring another S-400 air defense system to Feodosia before the end of the year. The outdated Su-24 and Su-25 aircrafts are being changed to Su-30s, and more advanced ships are being transferred to the Black …
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Putin calls for increased security in Russian internet segment
Russian President Vladimir Putin discussed the need to improve the security of the Russian Internet without creating barriers for law-abiding citizens, TASS reports.
"It is necessary to improve the security and stability of the infrastructure of the Russian Internet," the Putin said, stressing, "we are not talking about restricting the access of law-abiding citizens to the global network resources, only some barriers and filters." According to him, it is necessary to "strictly observe and …
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Russia fires 4 ballistic missiles during large-scale exercises in the north
Russia conducted large-scale military exercises involving nuclear forces, launching four ballistic missiles.
"The tasks of the training have been fulfilled and all educational goals have been successfully met," the Russian Ministry of Defense noted.
According to the Russian Ministry of Defense, from the Plesetsk cosmodrome in the Arkhangelsk region, the Topol intercontinental ballistic missile was launched. It struck a practice target at the Kura Missile Test Range in Kamchatka.
Two missiles …