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World Bank predicts growth of the Ukrainian economy by 2% in 2017
The World Bank kept the forecast for the growth of Ukraine’s economy in 2017 at a 2% level, having noted the progress in reforming the system of public finances, debt policy, and the energy and banking sectors, as stated in the World Bank's "Global Economic Prospects" report.
"Ukraine's GDP will grow against the backdrop of the improved situation in the sphere of security and effectiveness of the reforms already undertaken. Growth in 2017 is expected to reach 2%, which is unchanged compared …
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Media: One in five Sukhoi Superjet-100s were grounded due to a defect
Every fifth Sukhoi Superjet-100 (SSJ100) passenger plane has been temporarily taken out of service due to a defect in one of the parts of the tail. Vedomosti newspaper reported this on Wednesday, January 19. Defects were detected in 19 out of 87 planes belonging to different airlines.
The publication estimated that 14 of the defective aircraft belong to Russian airlines. Mexican company Interjet found defects in 11 out of 22 of their SSJ100 aircraft, Reuters reported. After repairs, six of …
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152,000 Russians drafted during fall conscription
More than 620,000 recruits arrived at the military registration and enlistment offices during the autumn conscription. 152,000 of them were sent into military service, according to the head of the Main Organization and Mobilization Directorate of the General Staff of the Russian Armed Forces, Colonel-General Vasily Tonkoshkurov.
"623,000 conscripts came to the commission meetings. Decisions regarding entry into service were made on 152,000 of them, with more than 470,000 being granted draft …
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Ukrainian headquarters: The presence of our troops at the Svitlodarsk salient does not violate the Minsk agreements
New positions that the Armed Forces of Ukraine took and held in the Svitlodarsk salient in the Donetsk region do not violate the Minsk agreements, according to a brief on January 11 by the spokesperson of the Ministry of Defense, Colonel Oleksandr Motuzyanyk.
The Colonel reminded the press that fighting intensified recently on this stretch of a front line. "As you know, the situation there has been very tense in recent months. Very severe fighting continued there that resulted in units of the …
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The Kremlin called the new possible U.S sanctions against Russia a threat to the global economy
The Press Secretary of the Russian Federation President, Dmitry Peskov, stated that the imposition of new anti-Russian sanctions by the United States would damage not only the U.S-Russian relations but also the global economy, Interfax reported.
According to him, such decisions will result in losses for the global economy, in particular, the energy market. However, Peskov stressed that the Russian energy sector will find ways to compensate for any possible damages.
“Over the past two years, …
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US air force aircraft conducted reconnaissance near Russia's Kaliningrad region
A strategic U.S. Air Force RC-135W reconnaissance aircraft approached Russian borders in the southern Baltic on Monday afternoon to carry out operative tasks, Interfax reported, citing western aviation websites that monitor the movement of military aviation
According to their information, the aircraft took off from the Mildenhall airbase in Great Britain, and carried out reconnaissance for an extended period of time along the border of the Kaliningrad region, circling in an elongated ellipse …
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Tillerson: Russia is not an eternal rival but an 'occasional partner'
The former CEO of Exxon Mobil Oil and future U.S. Secretary of State Rex Tillerson assured the members of the U.S. Senate that he would adhere to a tough policy with regard to Moscow, Deutsche Welle reported. Speaking at a hearing on Wednesday, January 11, he described Russia as an international threat. "Our NATO partners are rightly concerned about a resurgent Russia," he said. "While Russia is trying to win respect and weight on the world stage, its recent actions disregarded American …
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Spain to deploy 300 soldiers to Latvia as part of NATO mission
Three hundred Spanish soldiers will be deployed to Latvia as part of NATO’s rotational battalion in the Baltic States, as stated by Latvian Defense Minister Raimonds Bergmanis.
According to him, preparations for the Canadian-led battalion are currently under way, and a meeting will be held in Ottawa at the end of January to discuss the logistics of the deployment.
"Spain will also join the battalion, sending a large group of soldiers in the amount of 300 people. In total, the battalion will …
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Russia deploys four Su-25 ground attack aircraft to Syria
Russia has deployed four Sukhoi Su-25 ground attack aircraft to Syria despite President Vladimir Putin’s recent announcement that Russia’s military presence in the country would be decreased, Fox News reported, citing two U.S. officials.
“[The Russians] say they are pulling out, but we have seen no evidence to support that. On the contrary, we have seen new things coming in,” one official said.
Approximately 36 Russian military aircraft are still in Syria, roughly the same number as last …
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Media: Russian Yars missiles delivery deadline is in jeopardy
The Moscow Institute of Thermal Technology (MITT) has encountered problems while implementing the state defense order for launchers for the Yars missile systems, as reported by Kommersant, citing a letter from the head of MITT, Sergey Nikulin, to the First Deputy Director of the Rostec State Corporation, Vladimir Artyakov.
The letter states that due to difficult economic situations and problems with creditors, the Podolsk Electromechanical Factory (PEMZ) is not able to deliver the equipment …