According to the Russian Central Bank's forecasts, in 2003 Russia's gold and currency reserves will grow by $18bn. These figures are a part of a report to be delivered at a government meeting on August 21. The meeting will focus on the draft guidelines of the 2004 state monetary policy.
Over the first six months of 2003, gold and currency reserves surged by $16.6bn, up from $7bn in the same period of last year. In the reported period, the volume of foreign currency cash in pockets of Russian citizens decreased by $4bn.
After the incident with the shootdown of the Ilyushin Il-20 reconnaissance aircraft over the Mediterranean Sea, Russia will supply an S-300 anti-aircraft missile system to Syria
Indeed, how dare they run US-independent policy? They should have followed the example of the European Union that turned independent states of the Old World into US-ditto entities