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Russia’s industrial production surges over 7% in April

Output during the first four months of the year increased by 1.1% in annual terms.  Statistics show that production in the mining sector last month decreased by 1.8% compared to last year, down 1.4% from the previous month. Mining production between January and April was down 5.7% in annual terms.  …

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Pentagon slammed for turning $1 billion ‘coronavirus fund’ into more military-industrial pork – but what did Congress expect?

While the Department of Defense received $1 billion in March’s CARES Act stimulus bill specifically to “prevent, prepare for, and respond to coronavirus,” it ultimately diverted most of the windfall to defense contractors, the Washington Post revealed on Tuesday. The pandemic response fund, created under the aegis of the Defense …

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In Russia has slowed the growth of industrial production

The volume of industrial production in Russia increased in July 2019 2.8% yoy after rising increased by 3.3% in June, to the report of Federal state statistics service. In comparison with the previous month, industrial production in the country has decreased over the reporting period by 0.7% (after growing by …

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Bolton accused Moscow of a military-industrial espionage

The assistant to the President for homeland security John Bolton declared that Russia is modernizing its nuclear missile potential “missiles with hypersonic planning warheads, hypersonic cruise missiles using technology, many of which were stolen from US”. He commented on the incident at the naval training ground near Severodvinsk, where the …

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Industrial consumers will be able to buy gas cheaper

The minimum price for gas for industrial consumers set at 5 803 hryvnias per thousand cubic meters. Naftogaz has lowered the price of natural gas in June for industrial consumers and other economic entities. About it reports a press-service of the company on Friday, may 24, Correspondent. It is noted …

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Lukashenka called the sale of large industrial enterprises

President of Belarus Alexander Lukashenko, answering questions of parliamentarians after handling the Message to the Belarusian people and the National Assembly, called the terms of the sale of large industrial enterprises. “I do not mind to sell. The main issue is the price,” — said Alexander Lukashenko. The President pointed …

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