Russia is unlikely to receive any compensation if Iraq has scrapped a $4.2 billion contract to buy weapons, Ruslan Pukhov, head of the Center for Analysis of Strategies and Technologies in Moscow, said today.
President Vladimir Putin fired Anatoly Serdyukov as defense minister after a probe into an alleged $95 million fraud at the ministry, the most senior official to be ousted over corruption by the Russian leader.
Russia may buy $12 billion of arms from European and Israeli companies, including DCNS and Iveco SpA, over the next five years as the world’s second-biggest arms exporter hunts for higher-quality weapons than domestic companies can provide, according to a Moscow research institute.
Russia won’t back the U.S. and its Arab allies in a United Nations resolution to oust Syrian leader Bashar al-Assad as it seeks to defend its most important lever in the Middle East, said researchers from Moscow to London.
Russia will switch on Iran’s first nuclear power plant tomorrow as the government seeks to bolster its global influence by acting as a power broker between the U.S. and its European allies and the Persian Gulf nation.
Russia plans to spend 19 trillion rubles ($613 billion) over the next decade to equip its armed forces with the latest weaponry, including what may be the first purchases of U.S. military technology since World War II, according to Defense Minister Anatoly Serdyukov .
Efforts by the West to force regime change in Syria after intervening to oust Libyan leader Muammar Qaddafi risk triggering the country’s collapse and further instability in the Middle East, a senior Russian official said.