• Capital outflow from Russia intensifies

    Capital outflow from Russia continues unabated. According to the Central Bank of Russia, the total remittances of individuals into other countries amounted to USD 6.2 billion in the third quarter for a total of USD 18.5 billion since the start of the year. In comparison, private individuals had withdrawn 18.57 billion dollars during the entire 2015.

    Switzerland remains the most popular country for Russians to keep money. In the third quarter of 2016, 984 million dollars were transferred there …

  • Russia has tested more than 160 new weapons in Syria

    Russian Defense Minister Sergey Shoygu announced that during Russia's military operation in the Syrian armed conflict, Russian servicemen tested 162 new weapons in Syria, RIA Novosti reports.

    "One hundred and sixty two modern and modernized weapons were tested during the operation in Syria,” the Defense Minister noted. According to Shoygu, the Russian Defense Ministry decided to suspend purchases of some types of weapons because they failed the combat test.

    "Weaknesses that were not seen …

  • Ukrainian MPs call on international community to strengthen sanctions against Russia because of Syria

    A group of deputies of the Verkhovna Rada of Ukraine called the international community to tighten sanctions on Russia because of its actions in Syria.

    This group's stance was explained in the statement "regarding the criminal actions of the regime of the Syrian President Bashar al-Assad and Russia in Syria", published on the website of the Verkhovna Rada.

    The statement was initiated by the First Deputy Chairman of the Verkhovna Rada of Ukraine, Iryna Herashchenko, Chairperson of the …

  • U.S drones have proven to be ineffective in the war in the Donbas

    The drones provided to Ukraine by the United States at a cost of millions of dollars, have proven to be ineffective against jammers and hackers. The Advisor to the Chief of the General Staff of the Armed Forces of Ukraine, Nathan Khazin, stated in an interview with Reuters that the decision to use these drones in the conflict was wrong from the very beginning.

    In the summer of 2016, Ukraine received 72 Raven RQ-11B Analog mini-drones. However, these mini-drones have proven to be so ineffective …

  • Russia will repay $125 million of the former USSR’s debt to Bosnia and Herzegovina

    The Russian Federation will repay the part of the former USSR’s debt to Yugoslavia in the amount of USD 125 million to Bosnia and Herzegovina, as stipulated in a decree signed by the Prime Minister of Russia, Dmitry Medvedev, as reported by TASS.The decree reads: “To approve the draft agreement between the Russian Government and the Council of Ministers of Bosnia and Herzegovina on the resolution of liabilities of the former USSR under settlements related to trade turnover between the former …