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Russia has transitioned its financial system into what officials describe as a fully autonomous model, eliminating dependence on foreign creditors and Western payment infrastructure. Finance Minister Anton Siluanov presented the assessment during the St. Petersburg International Economic Forum, arguing that the country has secured a sovereign position in global finance despite o...

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The construction of the first prototype of Russia's Su-75 Checkmate fifth-generation fighter jet has officially begun, Vadim Badekha, Chief Executive Officer of the United Aircraft Corporation (UAC) said. According to the official, the Checkmate program has already advanced to the prototype assembly stage, marking a significant milestone for one of Russia's most closely watched ...

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Authorities in Sevastopol and Crimea have imposed temporary restrictions on gasoline sales after fuel demand exceeded available daily supplies at several filling stations. Sevastopol Governor Mikhail Razvozhayev announced that all available daily stocks of AI-92 and AI-95 gasoline at TES gas stations were sold out during the morning hours. As a result, customers can purchase AI-...

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Russia's Military Transport Aviation (VTA) has received a new batch of Il-76MD-90A transport aircraft, according to Lieutenant General Vladimir Benediktov, commander of the service. In an interview with Krasnaya Zvezda, Benediktov said the 2025 state defense order was fulfilled in full. "In 2025, the state defense order for our service was completed in full. We received new Il-7...

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Private companies and enterprises in Russia have received permission to purchase large-caliber weapons and military equipment for units defending against drone attacks, RBC has learned. Approved equipment includes anti-aircraft artillery systems, gun turrets, vehicles, radar systems, and electronic warfare complexes. A mechanism regulating the acquisition of large-caliber weapon...

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