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China on purchase of Ukraine’s Motor Sich defense plant: We’ve snatched ‘pearl of engine building’ away from US and Russia
An article has appeared in the Chinese press which claims that the companies Tianjiao Aviation Industry Investment Co (Skyrizon Aircraft) and Xinwei Group (both Chinese) will be acquiring a controlling package of shares in the Ukrainian engine manufacturer Motor Sich.
The deal will involve a package of shares worth around $250 million, the amount that the Chinese firms will “invest” in the factory over the next two years.
Initially Ukraine did not comment on such statements published in the …
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Belarus replaces Russian loans with Chinese ones
Belarus has signed an agreement to borrow 3.5 billion yuan (around $500 million) from China, announced the Belarusian Finance Ministry.
The 5-year loan will be provided by the Shanghai branch of the China Development Bank. The loan is not tied to any particular project, and can be used for general purposes, including the servicing of government debt, supporting Belarus’s foreign currency reserves, and facilitating the development of bilateral trade.
This is an “unprecedented” deal for Belarus, …
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Russian military command: tests of Su-57 fighter jets in Syria have been successful
During a briefing with military attaches from foreign countries, Chief of the General Staff of the Russian Armed Forces Valery Gerasimov said that Russian fifth-generation Su-57 fighter jets have passed the second stage of tests in Syria, reports the newspaper of the Russian Defense Ministry Krasnaya Zvezda.
"Tests of the fifth-generation Su-57 aircraft are continuing. They were re-tested in Syria, and all the planned tasks have been completed," said Chief of the General Staff.
He noted that …
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Luxury country home being built for Putin in annexed Crimea
In Crimea, between the towns of Foros and Yalta, construction work is underway on state dachas (“country homes”) number 6 and 8, which are now called “Putin’s dachas”, the Russian news outlet Proekt reports.
According to the Russian journalists, over the last few years, a six-meter stone wall has been erected around the dachas, with surveillance cameras, and the area on Crimea’s southern coast where the cottages are situated is guarded by armed men.
The most unusual object in the area is a …
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Fire on Russia’s aircraft carrier Admiral Kuznetsov caused by pile of garbage
The fire on the Russian aircraft carrier “Admiral Kuznetsov” at the Russian port of Murmansk may have been caused by a pile of rubbish, reports Kommersant, citing a source familiar with the situation.
Experts believe that the fire was caused by welding slag coming into contact with an oiled rag discarded in the hold. From there, the fire spread to power cables. According to current regulations, the crew is supposed to clean up garbage before authorizing work with a fire hazard, but apparently …