The Russian diamond group ALROSA branched off two companies in Angola. The first one will develop two major diamond veins - Kamachia and Kamajiku. The company's 45 percent stock share belongs to the joint venture Escom-ALROSA, founded by ALROSA and its Portugal partner Espirito Santo. ALROSA also participates in the construction of a water power plant on the Shikapa river, sharing 55 percent of the stock. The power plant will considerably boost the mining company Catoca, another ALROSA business partner that has been working on the project for 10 years. ALROSA is ready to invest $85m in the projects this year, the Vremya Novostey newspaper reported.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
Not that long ago, American soldiers would train their skills to counter insurgent and partisan military organizations. These days, they are trained to show resistance to the regular army of a potential adversary
The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America