Russia » Economics
Author`s name Dmitry Sudakov

Comments: Russia Delays Test Flight of Stealthy Fifth Generation Sukhoi T-50

Russia will not test its fifth-generation aircraft this outgoing year. "The tests will begin in 2010," Vice Prime Minister Sergey Ivanov told reporters. Although there is no reliable information about the jet's specifications yet, it is known from interviews with people in the Russian Air Force that it will be stealthy, have the ability to supercruise, be outfitted with the next generation of air-to-air, air-to-surface, and air-to-ship missiles, and incorporate a fix-mounted AESA radar with a 1,500-element array

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The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
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