In Russia, the "Kremniy" plant is on fire after a drone attack ― photos and video
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Events
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In Russia, the "Kremniy" plant is on fire after a drone attack ― photos and video

"Cotton" in Russia on October 19 - the first details
Source:  online.ua

On the night of October 19, in Bryansk, Russia, the Kremniy plant, which the aggressor country of the Russian Federation uses in the military industry, was hit by drones.

Points of attention

  • The "Kremniy" plant in Russia has once again become the target of a drone attack.
  • "Silicon El" products are used in the military industry.
  • The local authorities initially declared the fire in the attic, but local residents confirm the attack on the factory.

"Cotton" in Russia on October 19 — the first details

Importantly, this is at least the fourth time a business has been targeted by a drone attack.

Photo: social networks

According to local opposition journalists, Kremniy El products are used in the military industry, for example, during the creation of Pantsir air defense systems and Iskander missile systems.

Photo: social networks

The local authorities said at night that the "attic of a non-residential building" caught fire, and firefighters "quickly extinguished the fire", and in the morning added that "one of the drones crashed into a non-residential building" and "ignition was not allowed."

The Astra Telegram channel writes that local residents confirm the attack on the plant.

Photo: social networks

In addition, it is emphasized that "Silicon EL" is one of the largest manufacturers of microelectronics in Russia. 94% of the company's products in 2017 were produced for the needs of the Ministry of Defense of the Russian Federation.

How the authorities of the Russian Federation comment on the new attack on its military facility

The Ministry of Defense of the Russian Federation claims that a total of 16 Ukrainian unmanned aerial vehicles were destroyed and intercepted over the aggressor country by means of anti-aircraft defense.

In addition, it is emphasized that 13 UAVs were shot down over the territory of the Bryansk region, 2 over the territory of the Rostov region and one over the Belgorod region.

In the morning, the governor of Bryansk region cynically accused Ukraine of another attack with the help of unmanned aerial vehicles.

According to him, 4 aircraft-type UAVs were destroyed by the air defense forces of the Ministry of Defense of the Russian Federation.

Thanks to the coordinated work of all services, the fire was not allowed. There are no casualties, the governor claims.

It is worth paying attention to the fact that the local authorities did not confirm the attack on the plant, but local residents reported it.

Category
Economics
Publication date

Trump unintentionally dealt a blow to the Russian economy — what are the consequences?

What is happening to the Russian economy?

Despite the fact that US President Donald Trump did not impose tariffs against the aggressor country Russia, it still suffered from the American leader's decisions.

Points of attention

  • Not only did Trump's actions impact the Russian economy, but OPEC's plans to increase oil production are also expected to negatively affect the Russian stock market.
  • The decrease in capitalization of major Russian companies like Sberbank, Gazprom, Mechel, and Novatek highlights the vulnerability of the Russian economy to external factors.

What is happening to the Russian economy?

Analysts point out that Russian stock exchanges collapsed after the US president launched a global tariff war.

It is hard to ignore the fact that the capitalization of companies on the Moscow Exchange (MOEX) has decreased by $23.7 billion.

The MOEX Russia index, which tracks Russia's 43 largest public companies, has lost 8% over the past few days.

According to experts, this was the largest drop in the last 3 years.

In particular, the shares of such Russian giants as Sberbank (5.2%), Gazprom (4.9%), metallurgical and coal giant Mechel (7%) and gas company Novatek (5.4%) fell in price.

Analysts have predicted that the US tariffs will likely cause a global economic slowdown and a decline in oil demand and, consequently, oil prices. This will also have a negative impact on the aggressor country.

In addition to the indirect effect of Trump's global tariffs, the Russian stock market was affected by OPEC's plans to more than triple oil production in May.

Category
Economics
Publication date

Putin can get 240 billion euros — what's Orban doing here?

Putin may receive hundreds of billions to continue the war
Source:  Spiegel

Estonian Foreign Minister Margus Tsakhkna has publicly warned Ukraine and its allies that Russian dictator Vladimir Putin could get back more than 240 billion euros in frozen Russian assets if Hungarian Prime Minister Viktor Orban blocks the extension of EU sanctions against the aggressor country.

Points of attention

  • Proposals to re-evaluate sanction decisions every six months and confiscate Russian assets to prevent funds from being returned to Putin are being considered.
  • The importance of preventing a split within the EU and protecting the interests of Ukraine and Europe from potential threats posed by Putin's access to vast financial resources.

Putin may receive hundreds of billions to continue the war

The Estonian Foreign Minister draws attention to the fact that the decision to extend sanctions must be re-evaluated every six months.

It's no secret that the consent of the team of Hungarian leader Viktor Orban, known for its pro-Russian position, is required each time.

If they block it in June, not only will the sanctions end, but we will also have to hand over 240 billion euros to Putin. How do the heads of state and government intend to explain to the citizens of Europe that they are handing over money to Putin that he intends to use not only against Ukraine, but also against us?

Margus Tsakhkna

Margus Tsakhkna

Minister of Foreign Affairs of Estonia

According to the Estonian diplomat, in the event of such a threat, official Brussels will have to confiscate Russian assets — there is a legal possibility for this.

Tsakhkna emphasized that it is the European Union that must guarantee that even if there is no unanimous decision, the funds will not be returned to Putin.

"We cannot demand money from our taxpayers to support Ukraine, not Russia, which is an aggressor," the head of Estonian diplomacy emphasized.

Against this background, the Estonian Foreign Minister proposed depriving Orban of his voting rights in order to prevent a split within the EU.

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