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Experts: Russia's economic recession affects all sectors
Russia is experiencing a recession this year, so it is too early to speak about the recovery of the economic activity of the country, according to the experts at Russia's National Research University Higher School of Economics (HSE), RBC reports.
The report states that the compression process of the economy was a "broad front" and has affected all sectors (except for wholesale trade) and, as a result, "the economy has not only reached the previous low, but has gone below it."
Experts note …
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Russia announces that new laser weapons have been developed and tested
Russian Deputy Minister of Defense Yuriy Borisov claimed that the Russian army has already adopted a number of different types of laser weapons, equipping themselves with weapons based on new principles of physics.
According to the Russian media, Borisov spoke at the event marking the 70th anniversary of the All-Russian Scientific Research Institute of Experimental Physics. The Deputy Minister said these are not exotic devices or prototypes, but models that have already passed the testing …
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US Senator Bob Corker: The US should continue to respond to Russia’s aggression
In response to Voice of America’s request for comment regarding US Republican presidential nominee Donald Trump’s statement about Crimea and the Donbas, the US Senator from Tennessee, Bob Corker, stated that the United States should continue to respond to Russia’s aggression related to the invasion into eastern Ukraine and illegal annexation of Crimea.
“I have supported providing lethal weapons to Ukraine and believe we should help our allies resist efforts to change borders by force,” Bob …
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Obama: Cooperation in Syria will not end US pressure on Russia with regard to Ukraine
During a joint press conference with Singapore Prime Minister Lee Hsien Loong, US President Barack Obama explained the difficulties in attempting to cooperate with Russia to end the violence in Syria while simultaneously attempting to force Russia to implement the Minsk Agreements and end its role in the war in eastern Ukraine.
“I think we’ve already got a lot of differences with Russia on a whole bunch of issues,” Obama stated, according to a press release on the White House’s website. “But I …
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Moscow invites Kiev to start dialogue on resuming flights between Russia and Ukraine
Russia is ready to begin talks with Ukraine with regard to the resumption of flights between the two countries, as stated by the Russian Transport Minister, Maxim Sokolov, RIA Novosti reported.
“Because of the crucial decisions that were recently made regarding the personnel policy of cooperating with Ukraine, there is some hope. I personally have hope. Negotiations are still under way, even though our position is open. In the current situation, it is mutually beneficial to unlock the existing …