-
China bypasses Russia in trade with Ukraine
The statistics on Foreign Trade published by the Ukrainian National Bank indicates that China bypassed Russia and became the leading trading partner of Ukraine. Its share in the total volume of trade in the first quarter of 2019 was 10.6%, while the share of Russia was 9.7%. At the end of 2018, the share of Russia was 11.5% and China 9.8%.
In January-March, Ukraine exported goods to China for $621 million and imported for $1,928 billion (negative balance $1,306 billion). Exports to Russia …
-
Ukrainian billionaires suspected of bankrupting steel plant in the US
The Ukrainian billionaires Ihor Kolomoyskyi and Gennadiy Bogolyubov are believed to have bankrupted a major metallurgical plant through fictitious lending schemes in the US, Delawareonline.com reports.
Three years ago in Warren, Ohio, a steel plant closed down, leaving 200 people without jobs during the cold Midwest winter. A lawsuit was filed in Delaware, claiming that the plant had been the victim of “a series of large-scale, coordinated fraud schemes” orchestrated by Kolomoyskyi and …
-
China thanks Kyiv for passing on military technologies
An article in the Chinese media has caused widespread expert and public discussion, especially in China itself. Even the title of the article being circulated by the Chinese press is controversial: “Thank you Ukraine. Over more than 20 years, this country has passed on so many major military technologies to China”.
The article notes that China’s military industry has undergone considerable development in recent years. Notably, China is now producing its own aircraft carriers, 5th generation …
-
Russia delivers second batch of weapons to Central African Republic
Russia sent to the Central African Republic (CAR) a shipment of machine guns, Kalashnikov rifles, and Mosin rifles of 1944 model, reports Russia 1 TV channel. Russian Foreign Minister Sergey Lavrov previously stated that two batches of Russian weapons have been delivered for the needs of the CAR army free of charge.
"Now we have received 14 aircraft. This is the second shipment of equipment. We are grateful for the cooperation," a representative of the CAR authorities told Russian journalists. …
-
Russia deploys early warning radar in Egypt
Reports are being circulated on social networks that a Russia-produced Rezonans-NE 3D radar system has been sighted in Egypt. It was previously stated in official reports that, outside of Russia, such systems only existed in one country – Iran (the Ghadi radar).
Information about the Rezonans-NE (export variation of the Rezonans-NE) was tweeted by the Algerian blogger KAD-GHANI, who even specified the exact coordinates of the system: 28°42’28.45 N 32°23’6.40 E (Ras Ghareb, Red Sea, Egypt). …