Business Watch
MOSCOW - The new Chinese president met with Russia's military leaders to reinforce the main message of his trip that the two countries must work together more closely if they want to counter rising U.S. influence in Asia.
BEIJING: Russia's defence industry rolled out the red carpet for new Chinese president Xi Jinpingamid speculation of top military deals as he wound up his high-profile visit to Moscow saying that the bond between the two countries provided "strategic balance to global order".
A change in the United States plans for an anti-missile shield in Europe will not prompt Russia to drop its opposition to the system, a senior lawmaker allied to President Vladimir Putin said on Sunday.
Moscow: About 1,500 violations and infractions have been uncovered in Russia's state defence spending in 2012 involving over RUB 16 billion (USD 533 million), the Russian Federal Defence Contracts Service (Rosoboronzakaz) said on Friday.
RECENTLY Vladimir Putin took officials to Moscow’s lavish new Jewish museum for a meeting on inter-ethnic relations. After a kosher breakfast and a short tour with Hasidic rabbis, he enthused that even Israel did not have anything on this scale. Mr Putin, the first Russian leader to visit Israel (twice), could hardly have shown more enthusiasm for the Jewish state.
THE African National Congress (ANC)-led government could once again adopt the military training discipline of the Russian Federation’s armed forces.