NEWSWATCH: Russia’s military budget may shrink 10 percent in 2015 – Rostec

File Photo of Russian Tanks in Military Parade

[“Russia’s military budget may shrink 10 pct in 2015 – Rostec” – Reuters – Stanley Carvalho – Feb. 23, 2015] Reuters covers news that Russian defense spending might shrink this year, due to the impact of Ukraine-related sanctions. Finance Minister Anton Siluanov previously had said that 10 percent cuts to government spending would spare defense. But on Monday the head of […]

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Turf War Seen at Heart of Russian Space Industry Shake-Up

International Space Station file photo

(Moscow Times – themoscowtimes.com – Matthew Bodner – January 23, 2015) An ambitious drive by a friend of President Vladimir Putin’s to take control of Russia’s defense industry may be behind a shock announcement this week that Russia would merge its federal space agency with a major industry group, analysts said. Prime Minister Dmitry Medvedev took industry observers by surprise […]

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