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Algerian Arms Deal Brings Russia $7.5 billion, Gas Market Leverage

Algerian Arms Deal Brings Russia $7.5 billion, Gas Market Leverage

Yak-130(click to view full) A February 2006 report noted that a $4 billion arms sale was brewing between Algeria and Russia involving fighter aircraft, tanks, and air defense systems, with the possibility of additional equipment. Those options came through the...

Russia’s Military Spending is Jumping – But Can Its Industry?

Russia’s Military Spending is Jumping – But Can Its Industry?

As oil prices remain high, and natural gas has become a critical fuel for Europe, Russia's strategy for geopolitical action and leverage has revolved around energy. After the disastrous collapse of communist Russia's illusion economy, high energy prices are lifting...