Monday, 21.01.2019
Sanctions worth almost $1 billion could be the result of Russia and Japan’s retaliation against U.S. tariffs on steel and aluminum, Reuters reported on Tuesday citing documents published by the World Trade Organization. The filings from Russia and Japan, following similar documents last week by the European Union and China, notified...
Democrats are pushing to provide funding for Coast Guard icebreaker ships and include it in a bill that must be completed by Dec. 7 to avoid a partial government shutdown, NWA reports. Still, the move -- largely aimed at countering Russian influence in the Arctic -- is complicating negotiations...
Boeing plans to spend a total of $27 billion in the next 30 years on direct purchases in Russia, the American company’s President of operations in Russia and the CIS Sergey Kravchenko told TASS news agency. "Out of $27 billion that we are planning to spend on direct purchases in Russia...
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 million tons, according to the Central Dispatching Department of Fuel Energy Complex (CDU TEK). Coal exports rose by 2.6% to 191 million tons in the reporting period, Newsnn.ru reported citing official data. Deliveries of Russian coal to the domestic market rose...
Steel volumes increased on Europe’s steel market after the United States imposed import tariffs, as some manufacturers diverted their product to the European Union, the head of Germany’s steel association said, according to Reuters. “In the first three months (of 2018), imports from Russia rose by 139 percent from a...
A co-owner of Russian aluminum producer Rusal said on Monday a new strategy for the company was immediately needed after it was hit by U.S. sanctions, Reuters reported. SUAL Partners, Russian billionaire Viktor Vekselberg’s investment vehicle and owner of a 22.5 percent stake in Rusal, said that Rusal’s board and shareholders...
Russia’s Industry and Trade Minister Denis Manturov has launched a new online portal dedicated to the second edition of the Global Manufacturing and Industrialization Summit (GMIS), to be held next year in Russia, Trade Arabia reports. According to the Russian government, the Summit – which will follow its inaugural event held in...
The Russian Ministry of Defense concluded agreements with enterprises to the tune of over 135 bln rubles ($1.98 bln), and they will be extended over the coming eight years (2018-2026), Russian media report. During this period, the military plans to receive two Sukhoi Su-57 jet fighters, six Mikoyan-Gurevich MiG-2 fighters,...
The United States Commerce Department last week recommended that President Trump place tariffs on steel and aluminum imports, which would mostly affect Russian and Chinese companies. The recommendation to restrict imports in this way was made as a result of a Commerce Department review to determine whether or not the...
St Petersburg-based Kronstadt Group, a subsidiary of Joint-Stock Financial Corporation Sistema, has developed a combat variant of the Orion-E medium-altitude long endurance unmanned aerial vehicle (UAV), a source from the company said, according to news outlet If24.ru. The modified Orion-E has a maximum take-off weight (MTOW) of 1,000 kg and...