Russia is running out of cash due to its war in Ukraine: report

Russia is running out of cash due to its war in Ukraine: report

VIENNA — Russia’s war spending pushed the state to the brink of running out of cash this spring, according to a Bloomberg report that offers the clearest account yet of how the financial burden of the Ukraine invasion is straining Moscow’s finances.Citing people...
India turns to private sector to ramp up missile production

India turns to private sector to ramp up missile production

NEW DELHI — In a bid to accelerate missile production, India has approved the transfer of technologies for all conventional missile systems from a state-run organization to private companies.The move to expand the industrial base for missile manufacturing comes as...