• Russian MoD: The West is to blame for the strikes against the US garrison in Syria

    Russian Defense Ministry blamed the U.S. anti-terrorist coalition for the air strikes on the Anglo-American base in Syria. The Russian military is not well informed about the location of the bases of the Syrian opposition forces, the speaker of the Defense Ministry, Igor Konashenkov, said on Saturday, July 23, 2016.

    He said that Russia has repeatedly asked for the coordinates of the bases used by Syrian opposition forces. According to Konashenkov, a "joint action" against the extremists will …

  • US Anti-Doping Agency criticizes decision to allow Russia to participate in Olympic Games

    The U.S. Anti-Doping Agency called the decision of the International Olympic Committee (IOC) to allow the Russian team to participate in the Olympic Games in Rio de Janeiro an enormous blow against clean athletes.

    “Many people, including clean athletes and informants, demonstrated strong character and strength in the fight against the culture of doping and corruption in Russia. However, unfortunately, the International Olympic Committee didn’t take on the role of leader at a crucial moment for …

  • Fitch confirms Russia's 'BBB-' investment rating

    The international credit rating agency Fitch has given Russia the lowest possible investment grade, a BBB-, Rosbalt reported. Fitch also gave Russia a negative growth outlook.

    "In line with the updated guidance contained in Fitch's revised Sovereign Rating Criteria dated July 18, 2016, Russia's credit profile does not support a notching up... This reflects Fitch's view that neither of the two key factors cited in the criteria that support upward notching of the LTLC IDR [long-term local …

  • Traffic accident involving Russian military vehicles in the Crimea resulted in several deaths

    The Head of the information support department of the Russian Black Sea Fleet, Vyacheslav Trukhachev reported that two people were killed as a result of a collision involving a civilian Ford Focus and a convoy of military vehicles near Tabachnoye (Bakhchysarai region) in the Crimea. Trukhachev privided this information in his interview with a number of Crimean journalists.

    According to him, the traffic accident took place on Saturday at 8 AM. RIA Crimea news agency quoted him as saying that …

  • Russia has not found investors for the construction of a power plant for the Crimea

    A Russian contract proposal for the construction of a power plant in the Krasnodar region, needed to support the annexed Crimea, has not received any bids, reported Reuters.

    No companies have submitted bids for the contract, and authorities subsequently deemed the proposal invalid.

    The proposal planned to search for new investors to fund the construction of the 450 MW capacity power plant on the Taman Peninsula by 2018. The power plant is needed to supply power to the Krasnodar region of …