NASA ‘works hard’ to cut dependence on Russian engines, but hopes to preserve ‘unique’ cooperation

NASA wants to maintain its unique cooperation with Russia to haul astronauts into space and continue to use RD-180 engines, while viable alternatives are being developed by US firms, the space agency’s administrator said. “The United States of America is working really hard not to be dependent on the RD-180 engine,” Jim Bridenstine said on […]

Russia & China to extend currency swap agreement to lessen dollar dependence

Published time: 31 Oct, 2017 09:46 Edited time: 31 Oct, 2017 09:53 Economic cooperation between Russia and China has been actively developing according to Russian Deputy Prime Minister Sergei Prikhodko. He says the sides are working to prolong the bilateral currency swap agreement. Read more “At present, financial regulators of the two countries are working […]

Inflation in Russia at historic low with less dependence on energy – Putin

Published time: 24 Oct, 2017 12:52 The Russian economy has overcome stagnation, and its revival is sustainable, said President Vladimir Putin on Tuesday at the Russia Calling investment forum. According to Putin, annual inflation has slowed to 2.7 percent which is “a record low in Russia’s entire history.” The inflation rate will be lower than […]

No more dependence on allies, Europe should take its fate into own hands – Merkel after G7

Published time: 28 May, 2017 19:55 Edited time: 28 May, 2017 20:12 While Britain and America remain friends, European nations must rely more on themselves, German Chancellor Angela Merkel told a rally of voters in Munich. She said she got this feeling after meeting world leaders at the recently concluded G7 summit in Italy. “The […]