By mid-2014, after the annexation of Crimea and the outbreak of war in Donbas, an industry emerged that would become the pillar of Ukrainian national defence, driving innovations that would influence modern warfare.
Moscow, on the other hand, might lose a mere $0.6bn annually, argues analyst.
Russia’s leading defence firms recorded strong revenue growth in 2024, driven by surging domestic demand for weapons to sustain the war in Ukraine, even as Western sanctions and falling arms exports weighed on international sales,
Russia's central bank lifts $10,000 monthly limit on foreign currency transfers abroad for Russians and friendly-country residents from December 8
The 2025 US National Security Strategy (NSS), released quietly on the White House website on December 5 outlining Donald Trump’s foreign policy, sets out in unambiguous terms America’s intent to maintain the unipolar world.
Russian President Vladimir Putin seems to be having a good time in India on what is turning into an annual state visit to talk shop. There is a lot on the agenda. The short-term stuff involves security, oil and the ruble-rupee exchange problems.
Deep divisions have emerged between the US and Europe as the first serious attempt to halt the war in Ukraine gets underway. EU leaders warned Ukrainian President Volodymyr Zelenskiy not to trust the White House, as it could “betray” Kyiv.
Russia’s VEB.RF Group plans to widen its Indian footprint as Moscow seeks smoother access for Russian firms operating in the country.
Saudi Arabia grants Azimuth Airlines licence for scheduled flights from three Russian cities to Jeddah and Riyadh, following visa exemption agreement signed between the two countries.
The cost of Russia’s traditional Olivier salad has risen 4% ahead of the 2026 New Year holidays, according to new data published by TASS on December 5, citing research from financial services marketplace Sravni.
The European Commission will invoke “emergency powers” to raise up to €210bn for Ukraine using frozen Russian state assets, in a move that could bypass the need for unanimous approval by member states and sidestep potential vetoes.
In 2018, India agreed to buy five S-400 battalions for $5.43bn, however two of these systems remain undelivered and delayed, likely due to Russia backfilling its own inventories due to losses and expanded requirements of its war in Ukraine.
He said the government has discouraged visiting foreign dignitaries from meeting him or other Opposition representatives, describing the practice as a departure from established norms.
His arrival triggered an unusually personal gesture from Narendra Modi, who greeted the Russian leader at Delhi’s Palam airport before accompanying him directly to the prime ministerial residence.
Russia has issued a renewed warning over what it describes as a rapidly evolving terrorist landscape driven by instability in Afghanistan and ongoing conflicts in the Middle East.
Electricity is becoming the most important source of energy, but the International Energy Agency warned that the world is entering a period of heightened energy insecurity marked by geopolitical volatility, rising demand, and an oil glut.
Russia restricts Apple FaceTime citing terrorism concerns, following August blocks on WhatsApp and Telegram voice calls as Moscow tightens control over foreign communications platforms.
Britain sanctions entire GRU military intelligence agency after inquiry concludes Putin approved 2018 Salisbury nerve agent attack that killed British civilian Dawn Sturgess.
Excuse my French but the EC’s push to assure Ukraine’s financing, and to keep it in the war, despite the US pulling back, is turning into a bit of a shit show.
The European Union has finally taken a nuclear option of adding Russia’s name to the official blacklisted as a high-risk country for money laundering and terrorism financing that will add to its financial system headaches.