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MOSCOW (Reuters) -Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to...
In wartime, Russia's defence minister must oversee vast financial flows and economic and industrial planning while leaving the day-to-day battlefield management to others.
Russian President Vladimir Putin has replaced his defense minister and close ally Sergei Shoigu with a civilian economist, a major reshuffle of military leadership more than two-years after...
Putin has sought to increase Russian military and economic presence in the Arctic. In August 2007, a Russian expedition named Arktika 2007 , led by Artur Chilingarov , planted a Russian flag on the seabed below the North Pole to underline Russia's 2001 claim submission . [37]
According to economist Sergey Guriev, Russian economy after 2022 has practically split into two parallel ones: the military economy, that runs on orders placed by the government with the military industries and payments to soldiers, which has observed growth; and the civilian sector that heavily suffers from high inflation, price increases ...
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President Vladimir Putin considers the Syrian Civil War to be a good platform for advertisement of the capabilities of Russian weapons capable of boosting Russia's military sales. Russia accounted for 22% of global arms sales in 2013–17, that figure dropped to 16% in 2018–22 (SIPRI's statistics).
Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more...
He led the Wagner Group private military company and was a close confidant of Russian president Vladimir Putin until launching a rebellion in June 2023. Prigozhin was sometimes referred to as "Putin's chef" because he owned restaurants and catering businesses that provided services to the Kremlin . [7]
Andrei Belousov, 65, is a civilian economist who served as the first deputy prime minister in the government that was reshuffled after Putin’s inauguration last week.
In the early 2000s, significant political changes took place in Russia with Vladimir Putin's rise to power. Putin, who previously held key positions in the security forces and government, became the successor to President Boris Yeltsin.