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 …

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 …

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 …