Source link The rate of fulfilling defense orders has reached 98%, a record high in the country’s modern history, Denis Manturov has said Russia is outpacing Western countries in arms production despite the latter’s push to provide military support to Ukraine, Russian Deputy PM and Trade Minister Denis Manturov has said. In a wide-ranging interview […]
Source link The plan to replace coal-fired plants by 2030 is “unrealistic,” lobby chief Siegfried Russwurm has warned Berlin’s plan to phase out coal-fired power plants ahead of schedule is likely to fail, the head of the German industry lobby BDI, Siegfried Russwurm, told reporters on Saturday. He said the federal government lacks a strategy […]
Source link The company’s commitment to diversity, equity, and inclusion has hurt its stock price following a string of box office flops Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews In a surprising disclosure, the Walt Disney Company acknowledges in its latest filing […]
Source link The average customs agent will not be able to distinguish between gems of different origin, the CEO of De Beers says It is almost impossible for customs agents to distinguish Russian diamonds from any others, the CEO of De Beers has said. He was commenting on a planned Western ban on Russian precious […]
Source link The sector has not collapsed as the West had expected, according to the president The exodus of Western car brands has provided Russian manufacturers with an opportunity to take back the domestic market, President Vladimir Putin stated on Thursday during a marathon Q&A session. Putin highlighted that the Russian car industry didn’t collapse […]
Source link Geopolitical conflicts have sparked unprecedented demand, according to Vista Outdoor A scarcity of global gunpowder supplies could trigger a substantial increase in ammunition prices, US company Vista Outdoor has warned, according to a Newsweek report. The Minnesota-based firm, which owns several firearms businesses, told the magazine last week that it would go ahead […]
Source link The country is still producing enough equipment and ammunition to meet the army’s needs despite the restrictions, Berlin has said Russia is still able to supply its troops despite the sanctions, German Defense Minister Boris Pistorius said on Tuesday, calling it one of the key factors preventing the Western arms deliveries from turning […]
Source link The restrictions have prompted the development of domestic components, according to the prime minister The sanctions imposed by the West have accelerated the revival of Russia’s industrial and technological prowess, Prime Minister Mikhail Mishustin stated on Wednesday. Speaking at the international Russia EXPO exhibition, Mishustin noted that the numerous packages of sanctions “pumped […]
Source link The repeated release of crude oil from the US Strategic Petroleum Reserve (SPR) by the Biden administration has left the national stockpile at its lowest in more than 30 years, according to US Oil and Gas Association President Tim Stewart. In an interview with Fox News on Sunday about the Biden administration’s approach […]
Source link Anxiety is rising among the country’s auto manufacturers as the border protest by Polish truckers shows no sign of abating The buildup of freight at the Poland-Ukraine border due to the ongoing protest by Polish truckers and farmers is a growing cause for concern in Germany’s automotive industry, Bild reported on Thursday. Thousands […]
Source link ESG funds, once champions of environmental causes, have raised ethical concerns after investing heavily in defense stocks Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews In the cutthroat world of asset management, my gig as an investment banker at Zurich’s top […]