• Putin to replace Russia's space agency

    Russian President Vladimir Putin has signed a decree dissolving Roscosmos, one of the most advanced space agencies in the world. Starting January 1st, 2016, a state-run corporation will replace the space program.

    "You can compare it to the fall of the Roman Empire... The Russian space industry is collapsing," an analyst and science associate at the Russian Academy of Sciences told IBTimes UK.

    A statement by Roscosmos hinted that the decision was made due to government cutbacks during the …

  • George Fedoroff: The Russian Navy is the third largest maritime force in the world

    According to the US Office of Naval Intelligence’s expert on Russia, George Fedoroff, Russia will progress significantly on its way to the creation of a modern fleet over the next ten years. At the request of the Pentagon, George Fedoroff prepared a 68-page report describing the state of the modern Russian fleet. 

    The Russian Navy consists of 186 combat submarines and ships, making it the third largest fleet in the world, the Naval Intelligence Officer wrote. Fedoroff notes that the Russian …

  • Pro-Russian separatists prepare provocation for the New Year

    The adviser to the Minister of Internal Affairs, Zoryan Shkiryak, declared on Ukrainian TV that Russian-backed separatists are preparing for another round of military action in the Donbas region as evidenced by their movement of military equipment to the boundary line.

    According to him, militants are planning to launch attacks against Ukrainian forces during the New Year holidays.

    “According to the latest operational information that we have received, armed provocations and attempts by …

  • Kudrin: Russia has not reached peak of economic crisis

    Former Minister of Finance of the Russian Federation, Alexei Kudrin, was engaged in talks last week with Russian President Vladimir Putin and other top officials about returning to a senior post to help deal with the worsening economic situation.

    According to Kudrin, if oil prices continue to fall, there will be a further decline in the Russian economy.

    Kudrin holds that the Russian economic crisis has not yet reached its pinnacle, and argues that “today we see a further deterioration of the …

  • Analysts predict break-up of Russian Federation

    American publisher and global intelligence company Stratfor forecasted the break-up of the Russian Federation in the next decade. According to Stratfor, the intervention of the USA and external management of the country for its nuclear disarmament will follow the collapse of Russia.

    Stratfor’s analytical report stated that Russia will not survive in its present form. The report notes that Russia’s inability to turn profits from energy trading into a self-sufficient economy makes it vulnerable …