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MOSCOW (Reuters) -Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to...
Russian President Vladimir Putin has replaced his defense minister and a long-time close ally Sergei Shoigu with an economist, a major reshuffle of military leadership more than two years after...
MOSCOW/LONDON (Reuters) - With zero military experience, Andrei Belousov, a wiry white-haired economist and Orthodox churchgoer who enjoys rock climbing, seems an odd pick to be Russia's new ...
Global military expenditure in 2022. This is a list of countries with the highest military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.
According to economist Sergey Guriev, Russian economy after 2022 has practically split into two parallel ones: the military economy, that runs on orders placed by the government with the military industries and payments to soldiers, which has observed growth; and the civilian sector that heavily suffers from high inflation, price increases ...
President Vladimir Putin considers the Syrian Civil War to be a good platform for advertisement of the capabilities of Russian weapons capable of boosting Russia's military sales. Russia accounted for 22% of global arms sales in 2013–17, that figure dropped to 16% in 2018–22 (SIPRI's statistics).
Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more...
He led the Wagner Group private military company and was a close confidant of Russian president Vladimir Putin until launching a rebellion in June 2023. Prigozhin was sometimes referred to as "Putin's chef" because he owned restaurants and catering businesses that provided services to the Kremlin.
Andrei Belousov, 65, is a civilian economist who served as the first deputy prime minister in the government that was reshuffled after Putin’s inauguration last week.
In March 2023, CCP General Secretary Xi Jinping and Vladimir Putin met in Moscow, and agreed to cooperate over a wide range of business, and economic issues, such as payment in renminbi or rubles. Other reactions