The amount of Russia's state debt has reached 41% of the GDP, First Deputy Finance Minister Alexey Ulyukayev said at a round-table meeting, devoted to support for Russian exports and foreign investments in Russia. He pointed out that in the future, the Russian government would pursue a policy of gradual replacement of foreign debts with domestic debts. Thus, the amount of domestic debt liabilities in circulation has reached RUR260bn ($8.18bn). "We plan to increase it to RUR350bn ($11bn) in 2003," Ulyukayev remarked. As it was reported earlier, Russia's government debts reached 120% of the GDP in 1999. The maximum level of government debts acceptable for EU countries is 60% of the GDP.
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