An upgraded version of Russia's Iskander-M missile will be presented after 2020
An upgraded version of the Iskander-M operational-tactical missile system will be presented after 2020, announced Sergey Chemezov, the general director of Rostekh State Corporation, TASS reported.
“Over the last few years at MSC [the JSC Scientific Production Corporation Engineering Design Bureau], more than twenty complexes of precision weapons and their modifications were created. In accordance with the adopted strategy of the Armament cluster, in ten years we intend to improve the …
A mysterious growth of capital outflow from Russia has puzzled Russian banks and experts
The volume of capital withdrawal from Russia abroad in the first quarter of 2017 puzzled the financial community. Regardless of the Central Bank’s forecasts about a yearly rate of $12 billion, the outflow for the first quarter alone has already amounted to $15.4 billion.
According to the Central Bank itself, the reason lies in the growth of banks’ foreign currency purchases, but the banks themselves deny this. "We did not increase foreign assets in the first quarter of 2017," VTB Bank reported …
Moldova will receive 100 million euros from the EU for financial assistance
The European Union may give Moldova 100 million euros in macro-financial assistance. A decision about this was made today in Brussels by ambassadors of member nations of the EU, as reported on the website of the Council of the European Union.
It is expected that of the total amount to be provided for assistance, 60 million euros will be long-term loans, and the remaining 40 million euros will be a grant, which means the money will not need to be repaid.
The funds will be used to support the …
Turchynov: Ukraine is restoring a missile shield to protect all of Europe
The Secretary of the National Security and Defense Council, Oleksandr Turchynov, said that Ukraine is now restoring its missile shield, which should become a part of a unified system providing security on the European continent. He said this while congratulating the workers of the rocket and space industry with a professional holiday, according to the website of the National Security and Defense Council.
"Thanks to this selfless hard work, Ukraine is confidently asserting itself on the world …
Russian President promises not to allow 'color revolutions' in the country
Russian President Vladimir Putin has said that authorities will not allow "color revolutions" in the country. He made this statement in an interview with TV channel "Mir 24" published on Wednesday.
"We know various theories that are being implemented in various parts of the world and lead to serious instability in these regions. Of course we must not allow anything of this sort and we will by all means take appropriate actions in Russia and support our partners in the CSTO (Collective Security …