Russian Msta S artillery vehicles roll on Dvortsovaya (Palace) Square during a rehearsal for the Victory Day military parade in Saint Petersburg on April 30, 2018. Russia will celebrate the 73rd anniversary of the 1945 victory over Nazi Germany on May 9. OLGA MALTSEVA / AFP
Russia’s military spending fell sharply in 2017 for the first time since 1998 as a slew of Western economic sanctions hit government coffers hard, a closely followed review said Wednesday.
Despite soaring tensions between Moscow and the West, Russia’s military expense last year came in at $66.3 billion (54.9 billion euros), 20 percent lower than …read more
Source: Channels Television
