The net profit of Norilsk Nickel, calculated in compliance with International Accounting Standards, dropped 23 percent to $315m in 2002, the company's report says. Earnings of Norilsk Nickel were down 29 percent at $3.94bn and gross profit fell 32 percent to $1.343bn.
Norilsk Nickel, which is a part of the Interros holding, accounts for over 20 percent of all world nickel production, for more than 10 percent of cobalt production, about 60 percent of palladium and 20 percent of platinum production. Almost all platinum-group metals produced by Norilsk Nickel last year were exported, including 72 percent in exports to Europe.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
The Buk system that shot down MH17 belonged to the 53rd SAM missile brigade of the Russian Ministry of Defense, investigators say after looking at a few pictures on the net
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War