Russia's current economic growth is based solely on weapons, but economic growth based on war is not sustainable, according to Michael Rochlitz, professor of Russian, Eastern European and Eurasian economics at St. Antony's College, University of Oxford.
"The Russians are creating weapons that are destroyed in Ukraine so that they can then create new ones. Every potential shell to be produced is initially seen as a positive for economic growth. But this is not an investment in the future. This economy will collapse when the war is over," said Michael Rochlitz.
It was for this reason that the economy of the Soviet Union collapsed at one time, according to the professor.
The body of the fourth missing American soldier was recovered near the Pabradė training area in Lithuania, U.S. Army Europe and Africa confirmed.
Finland is moving to withdraw from the Ottawa Convention, which bans anti-personnel mines. Prime Minister Petteri Orpo said the decision comes as a direct response to growing aggression from Russia.
Chinese Foreign Minister Wang Yi reaffirmed Beijing’s strategic alignment with Moscow during a three-day visit focused on expanding cooperation.
The ruling Georgian Dream party has approved a set of controversial laws, including a “foreign agent” act aimed at NGOs and media. Critics say it mimics the U.S. FARA but is weaponized against dissent.
A long-feared megaquake off Japan’s Pacific coast could cause up to $1.81 trillion in damage and kill nearly 300,000 people, according to a new government report.
A couple suspected of murdering a 27-year-old Ukrainian woman in Germany and kidnapping her child had been planning the crime for months
Ukraine agrees to hand over Crimea and border regions of Donbas to Russia: a proposal of Trump's "peace plan" implementable in 24 hours.
The ex-minister is accused of brutal murder and torture of his wife Saltanat Nukenova.
Dear readers,
We regret to inform you that due to lack of funding we are forced to discontinue the English version of our website. This decision was not easy for us, as we have always strived to provide quality and timely information for our international audience and Russian-speaking readers. Unfortunately, the current financial realities leave us no other choice.
The Russian-language version of the site will continue to operate, but in a limited mode. We understand that this will create inconvenience for many of our readers, and we apologize for possible interruptions in the provision of news and analytical materials on this resource.
We appeal to you, our loyal readers, with a request to support our editorial staff. Your help will allow us to continue our work and provide you with important and relevant news. Please go to the support page and make your contribution to the development of independent journalism.
We thank you for your understanding and look forward to your support during this difficult time.
Best regards,
NEXTA Editorial Board
Scandalous news from the border is back in the news.
Paris has announced a new military aid package
In Poland, he was involved in a scandal with blackmail and discrediting other judges.
They became best friends.
Vostok Intour travel agency is negotiating with North Korean partners about sending Russian schoolchildren on vacation to the Sondovon camp.
The Russian capital faced one of the largest terrorist attacks in its history. The terrorist attack at Crocus City Hall, which claimed the lives of many innocent people, was the second largest after the Beslan tragedy. But unlike previous attacks, this incident is shrouded in a layer of contradictory facts and ambiguities that point to possible miscalculations by the Russian security services
EU decides to close airspace to Turkey's Southwind Airlines amid suspicions of its ties to Russia
Paris is considering possible places for the deployment of French soldiers. French TV channel LCI showed possible locations of troops on the map.
