Showing posts with label Russia Beyond The Headlines. Show all posts
Showing posts with label Russia Beyond The Headlines. Show all posts

Sunday, May 18, 2014

Faster, larger, further: How the USSR combined the plane and the helicopter

April 28, 2014
Alexander Korolkov, special to RBTH
Source: Russia Beyond the Headlines 



A highly versatile aircraft that requires only a flat space for landing and can transport cargo over long distances, the tiltrotor would appear to be made for Russia. Yet despite decades of development on various projects, the country still has no rival to the U.S. V-22 Osprey.
Source: Russia Beyond the Headlines - http://rbth.com/defence/2014/04/28/faster_larger_further_how_the_ussr_combined_the_plane_and_the_helicop_36279.html?code=4b14ee83c2e50d0834f4f9d033ed1b23)

Russia promises a tough response to new U.S. sanctions

April 29, 2014
Igor Rozin, RBTH
Source: Russia Beyond the Headlines 


The U.S. has announced new sanctions against a range of Russian companies and individuals with close Kremlin links in response to what it sees as Russia’s continued intervention in eastern Ukraine. The Russian Foreign Ministry has warned that Moscow will make a “painful” response to Washington’s decision.


The U.S. has imposed new sanctions against Russian companies and individuals in response to what it sees as Russia’s “continued illegal intervention in Ukraine and provocative acts that undermine Ukraine's democracy.”
Source: Russia Beyond the Headlines - http://rbth.com/international/2014/04/29/russia_promises_a_tough_response_to_new_us_sanctions_36309.html?code=6282e19c93a9310cf046b7e531922c81)

BRICS countries to set up their own IMF

April 14, 2014
Olga Samofalova, Vzglyad 
Source: Russia Beyond The Headlines

 

Very soon, the IMF will cease to be the world's only organization capable of rendering international financial assistance. The BRICS countries are setting up alternative institutions, including a currency reserve pool and a development bank. 

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the International Monetary Fund and the World Bank, which are dominated by the U.S. and the EU. A currency reserve pool, as a replacement for the IMF, and a BRICS development bank, as a replacement for the World Bank, will begin operating as soon as in 2015, Russian Ambassador at Large Vadim Lukov has said.

Brazil has already drafted a charter for the BRICS Development Bank, while Russia is drawing up intergovernmental agreements on setting the bank up, he added.

In addition, the BRICS countries have already agreed on the amount of authorized capital for the new institutions: $100 billion each. "Talks are under way on the distribution of the initial capital of $50 billion between the partners and on the location for the headquarters of the bank. Each of the BRICS countries has expressed a considerable interest in having the headquarters on its territory," Lukov said.

Source: Russia Beyond the Headlines - http://rbth.com/business/2014/04/14/brics_countries_to_set_up_their_own_imf_35891.html)