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Moscow tells officials to buy Russian Ladas, Chinese cars
  + stars: | 2023-10-20 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Alexey Malgavko//File Photo Acquire Licensing RightsOct 20 (Reuters) - Russia's government on Friday published a list of domestically-produced cars that state officials should buy, all either Russian or Chinese brands, highlighting Beijing's infiltration of Russia's automobile industry since the Ukraine war. As the West shuns Russia, Russia has shunned Western corporations. The Russian cars listed were five Lada models, produced by Russia's largest carmaker Avtovaz, as well as the UAZ, Aurus and Moskvich brands, and Evolute electric cars. The Moskvich, a revived Soviet-era car, is emblematic of China's growing sway over Russia's car industry. Five models of Chinese carmaker Haval, which has been producing cars at its plant in the Tula region, 200 kilometres from Moscow, since 2019, were listed.
Persons: VAZ, Alexey Malgavko, Vladimir Putin, Sehol, Haval, Gleb Stolyarov, Alexander Marrow, Barbara Lewis Organizations: Lada, REUTERS, Renault, Nissan, West shuns, Kommersant, Apple, Industry and Trade Ministry, Russia's, Reuters, Thomson Locations: Soviet, Izhevsk, Russia, Ukraine, West shuns Russia, Moscow, Tula
Finance Minister Anton Siluanov said Russia would return to following its budget rule in 2024, envisaging an oil price of $60 per barrel. The government was discussing budget plans for the next three years. Bloomberg News reported that Russia is also planning a huge hike in defence spending next year, swelling to 6% of GDP from 3.9% in 2023 and 2.7% in 2021. Siluanov said Russia planned to raise domestic borrowing to more than 4 trillion roubles annually to fund its deficits. Siluanov said Russia's NWF would hold 6.7 trillion roubles by end-2024, down from 13.7 trillion roubles, or 9.1% of GDP as of Sept. 1.
Persons: Vladimir Putin, Denis Manturov, Alexei Krivoruchko, Mikhail Metzel, Mikhail Mishustin, Mishustin, Anton Siluanov, Siluanov, Russia's, Vladimir Soldatkin, Darya Korsunskaya, Alexander Marrow, Mark Trevelyan Organizations: Sputnik, REUTERS Acquire, Finance, National Wealth Fund, Bloomberg News, Reuters, Thomson Locations: Izhevsk, Russia, Ukraine MOSCOW, Moscow, Ukraine
Russian President Vladimir Putin, accompanied by Deputy Prime Minister Denis Manturov, Deputy Defence Minister Alexei Krivoruchko and other officials, attends the Gunsmith Forum in the city of Izhevsk, Russia September 19, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS Acquire Licensing RightsSept 22 (Reuters) - Russia plans a huge hike in defence spending next year, swelling to 6% of gross domestic product (GDP), up from 3.9% in 2023 and 2.7% in 2021, Bloomberg News reported on Friday. Moscow doubled its target for defence spending in 2023 to more than $100 billion, Reuters reported exclusively in August, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances. Rising war costs are supporting Russia's modest economic recovery this year with higher industrial production, but have already pushed budget finances to a deficit of around $24 billion - a figure compounded by falling export revenues. Reporting by Urvi Dugar in Bengaluru; Writing by Alexander Marrow; Editing by Andrew Cawthorne and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Denis Manturov, Alexei Krivoruchko, Mikhail Metzel, Urvi, Alexander Marrow, Andrew Cawthorne, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Bloomberg, Reuters, Thomson Locations: Izhevsk, Russia, Moscow, Ukraine, Bengaluru
"I said that this should be absolutely excluded and all officials of the country should drive domestic cars," Putin said, telling officials they should strive to develop domestic brands, domestic cars, and other domestic products. Chinese carmakers are seizing market share in Russia, capitalising on the departure of Western players, auto industry data shows. Russia's Lada holds the number one spot in the domestic market, with its share for January-June at 32.6%, up from 21.6% last year. Lada's share slipped slightly in July year on year, as Chinese carmakers' sales continued rising rapidly, the data showed. Chinese brands, such as Haval (601633.SS), Chery and Geely (0175.HK), accounted for the next six spots in terms of market share in July.
Persons: VAZ, Alexey Malgavko, Vladimir Putin, PPK, Putin, capitalising, Russia's Lada, Lada's, Gleb Stolyarov, Alexander Marrow, Mark Potter Organizations: Lada, REUTERS, Mercedes, Benz, Renault, Nissan, Reuters, Chery, Geely, HK, Thomson Locations: Soviet, Izhevsk, Russia, Ukraine, Crimean, Kyiv, Moscow, Crimea
Russia's Medvedev says Moscow has enough weapons
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +2 min
Jan 23 (Reuters) - Former Russian president Dmitry Medvedev hit back on Tuesday at Western reports that Russia is running low on missiles and artillery, saying Moscow's weapons stocks were enough to continue fighting in Ukraine. We have enough of everything," Medvedev said during a visit to a Kalashnikov factory in Izhevsk, around 1,000 kilometres (620 miles) east of Moscow. In a video posted on his Telegram channel, Medvedev was seen inspecting Kalashnikov rifles, artillery shells, missiles and drones. Medvedev told officials during the visit that drones were in especially high demand for what Moscow calls its "special military operation" in Ukraine. Medvedev, once seen by the West as its best hope for a rapprochement with Moscow during his time as president between 2008-2012, has become one of Russia's most hawkish pro-war voices.
Kalashnikov has fulfilled "the largest contracts" in its history after Russia's invasion of Ukraine. The company boosted production by 40% last year compared with 2021. Contracts with the Russian defense ministry boosted sales despite Western sanctions. The arms-maker that makes the AK-47 and is officially called JSC Kalashnikov Concern boosted production last year by 40% in comparison with 2021 to hit a 20-year high. According to its website, Kalashnikov accounts for 95% of Russia's production of machine guns, sniper rifles, pistols and other handheld firearms.
Sputnik/Russian Presidential Press Office/Kremlin via REUTERSDec 23 (Reuters) - President Vladimir Putin on Friday told Russia's defence industry chiefs to up their game to ensure that the Russian army quickly got all the weapons, equipment and military hardware it needed to fight in Ukraine. "It's also important to perfect and significantly improve the technical characteristics of weapons and equipment for our fighters based on the combat experience we have gained." Since tens of thousands of Russian troops swept into Ukraine on Feb. 24 in what Putin called "a special military operation", Moscow has ceded around half of the territory it initially seized. On Friday, he told defence industry chiefs he wanted to hear their proposals on how to iron out unspecified problems and wanted defence industry specialists to work directly with frontline forces to refine weapons and hardware on a regular basis. The defence industry is under pressure to deliver.
Russian School Shooting Leaves 15 Dead
  + stars: | 2022-09-26 | by ( Ann M. Simmons | ) www.wsj.com   time to read: 1 min
People gathered outside the school in the Russian city of Izhevsk, where a gunman opened fire killing at least 15 people, most of them children, on Monday. MOSCOW—A gunman stormed a school in a provincial central Russian city on Monday, leaving 15 people dead, including 11 children, before killing himself, authorities said. At least 24 people were wounded in the school shooting in Izhevsk, some 600 miles southeast of Moscow in the Udmurtia region, according to Russia’s Investigative Committee, which said it had opened a probe into the incident.
MOSCOW, Russia — A gunman with a swastika on his T-hirt killed 13 people, including seven children, and wounded at least 21 at a school in Russia on Monday before dying by suicide, investigators said. The identity of the attacker and the motive for the shooting in Izhevsk, about 600 miles east of Moscow, were not clear. Tass news agency quoted investigators as saying the attacker was armed with two pistols and a large supply of ammunition. In May 2021, a teenage gunman killed seven children and two adults in the city of Kazan. In April 2022, an armed man killed two children and a teacher at a kindergarten in the central Ulyanovsk region before dying by suicide.
13 dead, 21 wounded in school shooting in Russia
  + stars: | 2022-09-26 | by ( ) www.cnbc.com   time to read: 1 min
A gunman killed 13 people, including seven children, and wounded 21 other people in a school in central Russia on Monday, authorities said. Russia's Investigative Committee said the shooting took place in a school in Izhevsk, a city about 960 kilometers (600 miles) east of Moscow in the Udmurtia region. The governor of Udmurtia, Alexander Brechalov, said in a video statement that the still unidentified gunman shot himself. According to the Investigative Committee, the gunman wore a black t-shirt with "Nazi symbols." Izhevsk, a city of 640,000, is located west of the Ural mountains in central Russia.
Swastika-wearing gunman kills 13 at Russian school
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +2 min
Police officers secure the area near a school after a gunman opened fire there, in Izhevsk, Russia September 26, 2022. It named him as Artem Kazantsev, a man in his early thirties, and said he was a graduate of the school. In May 2021, a teenage gunman killed seven children and two adults in the city of Kazan. In April 2022, an armed man killed two children and a teacher at a kindergarten in the central Ulyanovsk region before committing suicide. Register now for FREE unlimited access to Reuters.com RegisterReporting by Reuters; writing by Mark Trevelyan, editing by Frank Jack Daniel, Angus MacSwan and Nick MacfieOur Standards: The Thomson Reuters Trust Principles.
Gunman kills nine in school shooting in Russia
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +1 min
MOSCOW, Sept 26 (Reuters) - A gunman killed nine people, including five children, at a school in Russia on Monday before committing suicide, Russian officials said. The motive for the shooting in Izhevsk, capital of the Udmurtia region about 970 km (600 miles) east of Moscow, was unclear. Russia's Investigative Committee said the attacker had killed nine people before committing suicide. In May 2021, a teenage gunman killed seven children and two adults in the city of Kazan. In April 2022, an armed man killed two children and a teacher at a kindergarten in the central Ulyanovsk region before committing suicide.
A gunman killed at least seven children and six adults in a Russian school, officials said. Russia's Investigative Committee said the gunman wore all black with a red swastika. Six adults, included teachers and security guards, were killed, the committee said. It is not clear what age the children injured or killed were. The gunman wore all black and a balaclava, and had a red swastika symbol on his t-shirt, officials said.
Anchetatorii spun că suspectul, un bărbat în vârstă de 38 de ani pe nume Radik Tagirov, a mărturisit că a ucis 26 de femei în vârstă între 2011 și 2012. Tagirov își croia drum în apartamentele femeilor în vârstă care trăiau singure, dându-se drept electrician sau instalator, citează Digi24. Marea majoritate a victimelor sale aveau peste 70 de ani. De multe ori, Tagirov și-a jefuit victimele, dar în unele cazuri a lăsat neatinse obiectele de valoare. A purtat mănuși și a făcut curățenie la locul crimelor, pentru a nu fi găsit de polițiști.
Persons: Tagirov Organizations: Poliția, Volga Locations: Kazan, Samara, Toliatti, Izhevsk, Ufa, Urali
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