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In late July 2022, the IMF upgraded Russia's GDP estimate by 2.5%, but some economists see a long-term problem for the Russian economy, and explain its resilience only by a short-term increase of energy prices. Russia was able to leverage its economic power by cutting gas supplies to Europe, and play up its agricultural might as the largest ...
Along with rising food prices, a weaker ruble following the latest round of American sanctions in November has fueled inflation and driven up the cost of imports into Russia. A huge increase in ...
WASHINGTON (Reuters) -U.S. President Joe Biden said on Wednesday he had asked the Defense Department to continue its surge of weapons deliveries to Ukraine, after condemning Russia's Christmas Day ...
The governor of Russia's Lipetsk region identified the plant as one in the city of Lipetsk, some 400 km (250 miles) north of the Ukrainian border, that is responsible for about 18% of Russian ...
The recent decline in Russian oil revenue was due to lower prices in late 2022, partly because of the price cap or discounts. According to previous reports, Russia has also resorted to deploying old and uninsured tankers from its western ports, where such discounted oil cargo was quickly snapped up by Asian traders.
In 1999, Krasny Oktyabr entered bankruptcy hearings. [1]In 2003, the Midland Group gained control of Krasny Oktyabr. [1]In 2007, Rosoboronexport gained control of Krasny Oktyabr through its subsidiary Russpetsstal which purchased a 100% stake in Krasny Oktyabr from the Alex Shnaider (Russian: Алекс Шнайдер) and Eduard Shifrin (Russian: Эдуард Шифрин) associated Midland ...
By Olena Harmash. KYIV (Reuters) - Russia's full-scale invasion of Ukraine reaches its 1,000th day on Tuesday, a grim milestone in Europe's deadliest conflict since World War Two.
High temperature hydrogen attack (HTHA), also called hot hydrogen attack or methane reaction, is a problem which concerns steels operating at elevated temperatures (typically above 400 °C (752 °F)) in hydrogen-rich atmospheres, such as refineries, petrochemical and other chemical facilities and, possibly, high pressure steam boilers.