• Kremlin: Russia to conduct exercises in the Mediterranean on permanent basis

    Large-scale navy and air forces exercises "Ocean Shield" will be held on a permanent basis, said the Russian Defense Minister and General of the Army Sergey Shoygu during the conference call on Friday.

    In 2018, the joint exercises “Ocean Shield” were held in the Mediterranean for the first time in the modern history of Russia.

    "Such exercises will be conducted on a permanent basis," said Shoygu. He stressed that "a large inter-fleet naval group that was created in the Mediterranean is capable …

  • Ukraine detains a large Russian cargo ship in the port of Mariupol

    Ukraine has detained more than 3 thousand tons of products of the Alchevsk Metallurgical Plant, located on the territory of the Donbas, which is not controlled by Ukraine, stated the Prosecutor General of Ukraine Yuriy Lutsenko on Facebook.

     “This is our response to sanctions. In the port of Mariupol, more than 3 tons of products of the Alchevsk Metallurgical Plant, which is under the occupants’ control, were captured. The products were being transported by a ship under the flag of Liberia …

  • Medvedev issues a decree to protect Russian companies from sanctions

    In a governmental decree published on the website of the Cabinet of Ministers, Russian Prime Minister Dmitry Medvedev ordered measures to alleviate the negative influence of retaliatory sanctions against Russian companies.

    “The Ministry of Industry and Trade and the Ministry of Economic Development should ensure a balance of commodity markets and eliminate the negative influence of the special economic sanctions on the activities of Russian organizations,” the document stated.

    The new …

  • Russia: Ukraine ‘went too far’ with unfriendly steps

    The official representative of the Russian Foreign Ministry, Maria Zakharova stated at a press briefing that Ukrainian authorities went too far with their unfriendly steps and provoked retaliatory steps from Russia, TASS reports.

    “Russia restrained itself for a long time in order not to take such measures, but the current Kyiv regime went too far, and we cannot ignore such unfriendly steps,” she explained. When asked about a possible negative reaction from the west, Zakharova said, “People …

  • New russian MC-21 airliner 50% more expensive than Elon Musk rockets

    The project to develop the mid-range MC-21 aircraft, included in the Russian government’s innovative rebuilding of the economy plan in 2008, has become 130% more expensive over the course of its existence, reports finanz.ru.

    The completion deadline was missed, and instead of two models, a 300 and a 400, the project was downsized to one, according to a report published by Russia’s Accounts Chamber on Thursday.

    During the course of the project, the time needed to develop the plane grew to three …