In the event oil prices drop below $20 per barrel, the Russian government will resort to external loans or reduce expenditures, Finance Minister Alexey Kudrin announced at a meeting with journalists today. At the same time, he stressed that taking into account the reserve fund, which would be formed by the end of this year, and current oil prices, no external loans will be necessary. The Russian budget will be deficit free if oil prices stay above $20 per barrel, the Finance Minister stressed.
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