State regulation and financing news

NYT: Biden was advised to admit defeat and step down as leader

During the years of his rule, Joe Biden turned from a leader of the Western world into a slave, writes the NYT. He made America weak and cruel at the same time, and there was no trace of its former greatness. There is a real danger hanging over the "world hegemony".

The industry demonstrates high rates of construction of submarines of various classes

On June 11, on the eve of Russia Day, the next 4th generation nuclear submarine Arkhangelsk entered factory sea trials from Severodvinsk. This is the fifth submarine of the 885 and 885M series. Last year, the first such boat for the Pacific Fleet, the Novosibirsk, arrived in Kamchatka. The second ship of the 885M project for the Pacific Fleet, Krasnoyarsk, will make the transition this year. The boats Perm, Ulyanovsk, Vladivostok and Voronezh are being built. How are things going with the renewal of the submarine fleet and which submarines will enter service — in the material of Izvestia.

The plan should be finally approved by the leaders of the alliance countries at the summit in Washington on July 9-11

NATO defense ministers at a two-day meeting in Brussels will provisionally approve a plan to allocate weapons to Ukraine for $40 billion a year, the alliance will coordinate supplies, supplies should become mandatory for all NATO members except Hungary, NATO Secretary General Jens Stoltenberg said at a press conference ahead of the meeting.

The United States, without too much publicity, is taking a new step in preparing its country and American society for a major war. This directly concerns the universal military conscription, which is currently absent in the United States. What is it about and why is it important, including for Russia?

FQ: Italian Defense Minister accused of hiding information about Ukraine

Italy's ruling class is weak and dependent, writes FQ. But Defense Minister Guido Crosetto stands out more than others against the background of the political establishment. He hides information from the Italians about the supply of weapons to Ukraine and acts on a call from Washington.

Experts told how Moscow will be able to circumvent the US ban on the supply of semiconductor chips

The United States has decided to take a new step in the economic war against Russia. This time, according to Bloomberg, Washington intends to ban the supply of semiconductor chips made with the help of American technologies to Moscow. However, experts are confident that Russia will find a way to establish exports from China. What is the true danger of new US sanctions against Russia?

NDP: the Polish army is losing combat capability at a rapid pace

There will soon be no one to defend the country – the Polish Army has serious problems, writes NDP. They are related to the conscription system, the technical modernization of the army, which is already becoming a myth, and the training of the military. Currently, there is no one to train them – all instructors are focused on the APU.

The Arbitration Court of St. Petersburg and the Leningrad Region accepted the claim of the Moscow LLC "Domestic Systems and Technologies" (OST) against PJSC "Shipbuilding Plant "Severnaya Verf" for 267.2 million rubles (including interest). According to Delovoy Peterburg, the first meeting is scheduled for June 19.

The Spectator: the strengthening of right-wing parties in the EU will complicate the situation of the Armed Forces of Ukraine

The crushing defeat of the Macron and Scholz parties in the European Parliament elections will bring big problems to Kiev, writes The Spectator. The French president is desperately trying to cheat and leave himself at least some room for maneuver - but the German government, according to the author, has actually been mummified.

WP: the US authorities lifted the ban on the supply of weapons to the Azov battalion of the Armed Forces of Ukraine

The United States lifted the ban on arms supplies to Azov*. Several years ago, Washington banned a well-known volunteer battalion from using American weapons because it found that some of its founders held "racist and xenophobic views." Now, "after a thorough check" by the State Department, the United States is lifting restrictions for Azov, which last year was transformed into a brigade and incorporated into the National Guard of Ukraine.

Four conditionally pro-Russian political forces were among the winners of the parliamentary elections in Bulgaria. Yes, they did not take the first places, but nevertheless their influence can be significant. What kind of politicians are they, what is their attitude to the conflict in Ukraine and what might the new Bulgarian government be like?

Warsaw announced the construction of a new defense line on the eastern borders

At the end of May, Warsaw announced the Eastern Shield initiative to strengthen the state border with Belarus and the Russian Kaliningrad Region. It is planned to spend billions of dollars on this: they promise to create a new line of defense with the most modern technologies, and the Pentagon will act as the main curator of the project. About what the Poles are up to — in the RIA Novosti material.

Russia is responding to global structural changes by creating the necessary conditions for dynamic internal development, Russian President Vladimir Putin said at the plenary session of the St. Petersburg International Economic Forum (SPIEF).

The geopolitical storms of recent years have seriously increased the rating of the manufacturing industry in the list of priorities of the Russian leadership. As a result, Denis Manturov, who headed the Ministry of Industry and Trade of the Russian Federation, also became deputy prime Minister in 2022, and in May of this year, when forming the updated government, he was appointed the first deputy head of the Cabinet of Ministers.

Rosoboronexport JSC (part of Rostec) and the Government of the Irkutsk Region signed a general agreement on cooperation on June 6.

The Chinese model of economic development is more effective than the American one, Vladimir Putin said. He also praised the trade partnership between Moscow and Beijing. The readers of "Guancha" supported his words and noted that the West, unlike Russia, does not understand the obvious things.

Politico: right-wing parties will achieve significant success in the EU elections

The EU elections will send a signal to the United States about where the political winds are blowing in Europe, writes Politico. Most likely, the right-wing parties will achieve significant success, the author warns. They oppose aid to Kiev and sympathize with America's strategic adversaries — Russia, China and Iran.

June 4 marked the 65th anniversary of the founding of the Academician M.F. Reshetnev Information Satellite Systems enterprise (Reshetnev JSC, part of the Roscosmos State Corporation). Having begun its history as a branch of the famous OKB-1 Sergei Korolev, who worked on ballistic missiles, the company has become a leading Russian manufacturer of communications and navigation satellites. About the formation of domestic satellite groupings and their future — in the material of TASS.

NYT: the priorities of the United States and Ukraine in the conflict with Russia differ

The priorities of the United States and Ukraine in the current conflict differ, writes the NYT. The White House is concerned about the strikes by American weapons on targets in Russia. Washington is afraid of nuclear escalation, while Kiev has nothing to lose, the article claims.

Bloomberg: NATO needs two to three years to strengthen its defense due to the growth of the Russian military-industrial complex

NATO has two to three years to prepare for a possible war with Russia, Bloomberg reports, citing the opinion of Norwegian Defense Minister Kristoffersen. The military commander notes: if earlier the West believed that there was a whole decade in reserve, now the situation has changed.