Business Watch
Ukraine International Airlines (UIA) will double flights from London to Ukraine’s capital – historic Kiev to twice a day starting from 18 June 2013. The airline is also offering BSR Russia readers who are passengers originating in the UK, a travel discount on selected flights by sending publication source reference (the URL of this article) to the e-mail address at the end of this article.
Venezuela's minister of petroleum informed that production in Venezuela-Russia oil joint ventures currently stands at 206,000 barrels per day and the goal for 2019 is 1.08 million bpd
Russia claims it is boosting its strategic rocket forces and revamping the military, but should the United States be worried? With the declining oil and gas revenues and antiquated oil industry, Russia will struggle to afford President Putin’s increased military budget while attempting to revitalize its oil and natural gas production. During the U.S. presidential campaigns, former Governor Mitt Romney believed Russia was America’s number one geo-political foe, and even after the election, people still believe Romney’s statement to be credible. But the U.S. should not overly concern itself with the Russian military improvements because they will likely not happen.
MOSCOW - Russia's top military officer on Thursday voiced skepticism about deeper nuclear arms cuts, saying they should require parallel reductions in non-nuclear precision weapons.
Top Russian officials have blasted the United States defence and security policies even as Russia’s security chief was in Washington discussing ways to improve relations between the two countries.
Thursday they arrested a Moscow leader of the opposition Left Front movement and raided a bodyguard for party chief Sergei Udaltsov.

