Tunnel across Bering Strait important as symbol of Russia-US relations — RSPP head

Tunnel across Bering Strait important as symbol of Russia-US relations — RSPP head According to Alexander Shokhin, for a tunnel to be economically and financially viable it will be necessary to build railways and roads and develop infrastructureMOSCOW, July 7. /TASS/. The project for a tunnel between Chukotka and Alaska beneath the Bering Strait is important as a symbol of the restoration of relations between Russia and the United States, head of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin said, adding though that its economic justification is not yet apparent. "The tunnel is likely more of a symbol than an economically justified project. After all, for a tunnel to be economically and financially viable, even in the long run, there has to be something to transport back and forth. Yet, in my view, there is no sign of a traffic volume that could recoup the investment over a 20-year period," he said in a commentary on Vesti. It will be necessary to build railways and roads and develop infrastructure, Shokhin noted. "And overall, there needs to be a reciprocal flow of goods from Russia to Alaska and Canada, and perhaps back, that would justify this project," he added. Earlier, Kirill Dmitriev, Special Presidential Representative for Investment and Economic Cooperation with Foreign Countries and Head of the Russian Direct Investment Fund (RDIF), noted that Moscow hoped to complete the tunnel’s design by the end of 2026 and believed that even China could join the project. Vucic expects successful MOL buyout of Russia's NIS stake soonThe NIS owners are forced to sell their assets because they came under US sanctionsRead moreKremlin spokesman comments on Putin-Trump call, Russia-China drillsAccording to Dmitry Peskov, the phone call the two leaders held at the end of last week allowed Russia to reiterate its position to the US straight awayRead moreUkrainian attacks kill 38 Russian civilians, including child, in past week — diplomatAnother 270 people, including eight minors, were injured, Rodion Miroshnik saidRead moreFire in Kaluga Region, 452 UAVs target Russia: new Ukrainian attacksMore than 430 UAVs headed toward the Moscow Region this nightRead moreLyut brigade held Konstantinovka - General StaffThe enemy assembled a substantial force comprising seven brigades, or a total of 45 battalionsRead moreRussian Foreign Ministry summons Swedish ambassadorAccording to Russian Foreign Ministry Spokeswoman Maria Zakharova, Russia planned to focus the meeting on Sweden’s obligations under the Vienna Convention and the assurances Stockholm provided earlierRead moreNATO effectiveness declining due to restricted cooperation in defense industry — MFA"These constraints have become strategic liabilities," Turkish Foreign Minister Hakan Fidan saidRead moreIntensified Ukrainian strikes on Russia to only delay peace agreement conclusion — expertAccording to Vladimir Karasev, the longer the conflict escalates, the more territory the Russian Armed Forces will liberateRead moreBank of Russia buys yuan worth $121.57 mln with July 6 settlementThe volume of foreign currency purchases on the domestic market with settlement on July 3 also totaled $121.57 mlnRead moreLavrov says Russia agreed to US proposals at Alaska summitThe Russian top diplomat said that any other interpretations were irrelevantRead moreUS rhetoric indicates growing departure from Ukraine agreements — Russian diplomatAccording to Sergey Ryabkov, the pressure of sanctions on Russia is not just being maintained but is intensifyingRead moreRussia creates over 50% of buffer zone in Sumy, Kharkov Regions — expert"It is now being systematically expanded into the depths of the enemy’s defenses and across the width of the front," Andrey Marochko notedRead moreNATO summit to present military confrontation with Russia to Trump as business projectAccording to sources in Brussels, German Chancellor Friedrich Merz announced the maximum amount of military aid to Ukraine at 140 billion euros for 2026-2027Read moreLebanese president says Israeli pullout key to peace, urges US pressureJoseph Aoun emphasized the importance of restoring sovereignty and reinforcing governmental institutionsRead moreAir defenses down 159 Ukrainian drones in Kursk Region over past 24 hoursThe Ukrainian military fired artillery at evacuated areas 56 timesRead morePoland needs to think about security while producing drones for Ukraine — KremlinRussian Presidential Spokesman Dmitry Peskov commented on the "horror stories" about an alleged possible strike on the country's territory discussed in the Western pressRead morePoland transfers $4.5 billion worth of weapons to Kiev since 2022 — top defense officialWladyslaw Kosiniak-Kamysz also confirmed that Warsaw had supplied Kiev with Patriot missile systemsRead moreNATO countries to produce US tanks, missiles, MANPADS in Europe — RutteThe NATO secretary general stressed that NATO should replenish its arsenals, which had been depleted by arms supplies to UkraineRead moreFIFA rejects Belgium’s appeal on Balogun red at 2026 World CupThe request was rendered inadmissible on the grounds that the RBFA is not a party to the proceedings and, as such, has no standing to appeal the decision, the statement said Read moreRussia’s Battlegroup West downs 29 Ukrainian fixed-wing UAVs, 65 heavy drones in past dayThe group's fighters identified and eliminated the enemy’s two field ammunition depots, 46 UAV control centers, and a Starlink satellite communications stationRead moreRussian nuclear sector experiences consequences of Ukrainian attacks — RosatomThe Zaporozhye nuclear power plant "is the peak of all these concerns," Alexey Likhachev stressedRead moreUkraine’s EU neighbors eye collapse to reclaim territories — lawmaker"Regardless of the fact that they are currently sitting at one table, each of them has a knife concealed behind their backs to start carving up Ukrainian territory for themselves," Viktor Vodolatsky saidRead moreSTART-3, US rhetoric on Ukraine, Russia’s interests — senior diplomat’s remarksAccording to Russian Deputy Foreign Minister Sergey Ryabkov, US rhetoric is drifting farther and farther away from negotiations on UkraineRead moreTrump views ending Ukrainian conflict as urgent task — APAccording to the source, after a meeting with Zelensky in Ankara, the US leader plans follow-up talks with Russian President Vladimir PutinRead moreIndonesia sees huge technological advantages of Russia in oil and gas supplies — ministerIndonesia calls on the business community to "do everything to develop bilateral trade and economic relations," Agus Gumiwang Kartasasmita addedRead moreFIFA tarnishes reputation by taking back Balogun’s red card at 2026 World CupFormer vice president of FIFA and an honorary member of the organization Vyacheslav Koloskov noted that football had turned into a commercial toolRead moreNATO to announce 140-billion-euro aid to Kiev during upcoming summit — newspaperThe contribution amount will be negotiated separately with each participating countryRead moreRussian troops evacuating residents from KonstantinovkaWounded Russian servicemen are also being evacuatedRead morePutin notes formation of partnerships by Russian Export Center with friendly statesOne of the key tasks currently facing the Russian Export Center is to achieve a two-thirds increase in exports by 2030 compared to 2023 levels, REC Director General Veronika Nikishina saidRead moreEurope may see influx of weapons from Ukraine — studyThe study says that Ukrainian authorities have so far recorded the loss of 593,000 weaponsRead moreNATO states to sign defense contracts worth tens of billions of dollars at summit — RutteThe secretary general noted that NATO member states intend to "show how they are investing in defense"Read moreSudan to develop ties with BRICS to mitigate sanction effects — portalAccording to the Sudan Tribune news portal, Khartoum is moving to an "alternative economy" strategy, which involves the diversification of trade and economic ties, the development of alternative banking mechanisms and the use of national currencies in trade settlementsRead moreUkrainian attacks on medical facilities constitute serious war crime — diplomatRodion Miroshnik noted that three ambulance crew members were injured in a drone strike on their vehicle in the town of Gorlovka in the Donetsk People's RepublicRead moreEurope anticipates from Trump no new sanctions against Russia, no aid to Kiev — BloombergAccording to the agency's sources, there are no guarantees that a meeting between Donald Trump and Vladimir Zelensky during the NATO summit in Ankara will proceed smoothlyRead moreRussia developed small nuclear reactors for deep space, ArcticAccording to Ilya Chekh, the specialists' task is to put the development into serial production with an optimal plan to create one reactor per dayRead moreShooting incidents on US Independence Day claimed 100 lives340 more people were injured during the three-day celebrations, Gun Violence Archive reportedRead morePutin calls support for domestic exporters priority for RussiaDirector General of the Russian Export Centre Veronika Nikishina described how the support is being provided and expressed confidence that it would contribute to Russia’s prosperityRead moreUS officials uncertain if NATO summit in Ankara will 'go smoothly' — TVAccording to the broadcaster, "European leaders hope to exit the Ankara meeting without a major explosion, planning new defense pledges to allay Trump’s anger"Read moreDamascus explosions caused by improvised explosive devices — TVAccording to the broadcaster, officers from Syria’s internal security forces are investigating the incident and working to identify those responsibleRead moreLondon court rejects Nord Stream pipeline operator’s claim against insurersLloyd's of London and Arch Insurance were the defendantsRead moreWest’s help to Kiev makes special military operation real war — KremlinBerlin, Paris, The Hague, Oslo, and, unfortunately, Washington are behind Kiev, Presidential Spokesman Dmitry Peskov saidRead moreUAC sees no need to replace SSJ-100 avionics — CEOAccording to Vadim Badekha, the main factor that has limited the operation of previous versions of the Superjet is the issues with the engineRead moreUkrainian army has no gas stations left on major routes in Sumy Region — security sourceAccording to the source, this is confirmed by plans by regional Ukrainian authorities to ban the retail sale of gasoline starting July 10Read moreFIFA fines Balogun $40,000 for red card in World Cup matchHalf of the fine will be paid by the US Soccer, journalist Rob Harris reportedRead moreRosatom chief says impossible to complete Bushehr NPP's 2nd, 3rd units without corporationAlexey Likhachev noted that Rosatom would most likely have a specific role to play in resolving the so-called Iranian nuclear issueRead moreRussian forces strike over 150 Ukrainian army deployment sites in past day — top brassThe Ukrainian army lost roughly 1,380 troops in battles with Russian forces in all the frontline areas over the past 24 hoursRead moreRussian forces hit rail locomotives, trucks in Dnepropetrovsk Region — Defense MinistryTwo strikes were conducted with Geran-4 Seeker UAVs against railway locomotives at stations near Pavlograd and SinelnikovoRead moreZelensky didn't dare accept bodies of Ukrainian soldiers ahead of NATO summit — expertIgor Korotchenko emphasized that Zelensky had shunned the opportunity to publicly retrieve the fallen soldiers, as doing so would implicitly acknowledge that Ukrainian forces no longer maintain control over KonstantinovkaRead moreUkrainian forces lose at least 37 gas stations in week and halfAccording to the Russian Defense Ministry, regular high-precision strikes on fuel depots, gas stations, and railway infrastructure facilities are significantly disrupting the Ukrainian military's transport logisticsRead moreUN-mandated body expects Hamas disarmament as next step — statementOn July 6, Gaza authorities said they had completed preparations to transfer power to the NCAG, composed of independent Palestinian technocrats and supervised by the Board of PeaceRead moreJapan attaches great importance to strengthening cooperation with NATO — CabinetMinoru Kihara reiterated that the security of the Euro-Atlantic and Indo-Pacific regions is inextricably linkedRead moreFACTBOX: Over 600 Ukrainian drones shot down over Russian regions overnightThe Russian Defense Ministry emphasized that the West's attempts to use the Kiev regime as a proxy to attack civilian Russian targets would be countered by increasing the number and severity of strikes on Ukrainian territoryRead moreRussian air defense forces monitoring Siberian airspaceA drone danger regime was introduced in the Omsk and Novosibirsk RegionsRead moreWoman suspected in Yermolayev murder attempt found dead near Kiev — mediaAccording to the publication, the woman returned to Ukraine on July 1Read moreKremlin to monitor news from NATO summitDmitry Peskov emphasized that the NATO summit was an event of great interest, including to RussiaRead moreBaltic elites seek to benefit from 'Russian threat' scenario, senior lawmaker says"Given America is withdrawing its troops, they will try to get money from the European Commission and NATO for building the so-called defenses against Russia in order to profit and attempt to steal billions," Viktor Vodolatsky saidRead morePashinyan visits Russia for first time since Armenia's electionsAccording to the Armenian government's press service, Pashinyan will take part in a plenary session titled "Industry 360: Manufacturing Without Borders"Read moreUS wants allies to purchase American weapons — envoy to NATOMatthew Whitaker added that this will ultimately contribute to peaceRead moreRonaldo plays his final FIFA World Cup matchPortugal lost to Spain 0-1 in the Round of 16Read moreRussian forces strike gas stations, fuel tankers in occupied DPR — top brassThe facilities were used to support Ukrainian army unitsRead moreCrimea annexed by Ukraine 23 years ago — NaryshkinRead moreMartinez announces his resignation as head coach of Portuguese national teamPortugal previously lost to Spain 1-0 in the Round of 16 of the FIFA World CupRead moreRussia keeps comprehensively upgrading T-80BVM main battle tank — defense firmThe final parameters of these upgrades remain beyond the framework of public disclosuresRead moreSome aggressive statements toward Russia heard during NATO summit preps — KremlinThese remarks said nothing about constructive interaction or dialogue, Dmitry Peskov notedRead moreKremlin spokesman slams Bloomberg’s publishing error as dangerousDmitry Peskov does believe that the publication was a provocation, but it shows how dangerous the tension provoked by the West isRead moreUS poised to escalate tensions with Iran again - expertIvan Timofeyev pointed out that Iran remained a formidable adversary for the United StatesRead moreRussian rights commissioner sends appeals to UN over Ukrainian drone attack on busCivilians were wounded, and children were seriously injured during the incident, Yana Lantratova saidRead moreRussian fuel market situation remains tense — NovakEarlier, the deputy prime minister said that Russia had accumulated sufficient fuel reserves to supply the domestic market, but panic buying had led to a 20-30% increase in demandRead moreIN BRIEF: Explosions hit Damascus as French president arrives in SyriaAl Hadath television reported that the explosions caused casualtiesRead moreRussian stock market declines at start of tradingAs of 10:00 a.m. Moscow time, the MOEX and RTS indices fell by 1.54% to 2,160.32 and 872.84 points, respectivelyRead moreRussia-China Joint Sea-2026 drills open in QingdaoExercise director on the Russian side, Rear Admiral Sergey Sinko stressed that the drills are defensive in nature and are not directed against any third countryRead morePress review: Trump-Putin call as Russian troops advance while US-Russia OPCW talks failTop stories from the Russian press on Monday, July 6thRead moreLavrov begins African tour by visiting EthiopiaThe bilateral agenda has expanded since the previous visit of the Russian Foreign Minister in 2022 with Ethiopia becoming a full-fledged member of the BRICS group of nationsRead moreBelgium appeals FIFA decision to rescind US striker Balogun's red cardAs earlier reported, the FIFA Disciplinary Committee had decided to scrap Balogun's disqualification, allowing him to play in the second knockout stage at the 2026 FIFA World Cup against BelgiumRead moreIN BRIEF: Putin’s key statements on proposal to limit combat zone, special op progressThe Russian president said that Ukrainian strikes on Russia’s infrastructure do not affect the situation at the front or the position along the line of engagementRead moreRussian troops liberate Petro-Ivanovka community in Kharkov Region over past dayThe Ukrainian army lost roughly 1,540 troops in battles with Russian forces in all the frontline areas over the past 24 hoursRead moreSpain advances to quarterfinals of FIFA World Cup thanks to victory over PortugalThe match ended with a score of 1-0Read moreUkrainian forces launch two overnight attacks on Belgorod — governorAlexander Shuvayev says a fire at an infrastructure facility was reportedRead moreDrone's 420-kilometer flight shows successful integration into airspace — ZALAZALA stated that the practical tests confirmed the company's technological solutions' readiness to comply with the requirements of Russian President Vladimir Putin's directive on the implementation of unmanned aerial vehicles and their control systemsRead moreBelgium defeats US, advancing to FIFA World Cup quarterfinalsBelgium will face Spain on July 10Read morePress review: US, Europe may clash over Ukraine as China missile alarms Pacific regionTop stories from the Russian press on Tuesday, July 7thRead moreMoscow records largest Ukrainian drone attack in two years — TASS estimatesOver 430 drones were heading toward the Moscow Region between late July 6 and 6:00 a.m. on July 7, Moscow Mayor Sergey Sobyanin saidRead moreUkraine loses Mi-8 helicopter, crew killedThe helicopter crashed on June 30Read morePolish authorities supplying weapons to followers of their ancestors' killers — MFAMaria Zakharova commented on a declassified Federal Security Service document identifying one of the initiators of the Volhynia massacreRead moreCristiano Ronaldo says he will consider his futureThe Portuguese star said he would like to "avoid making hasty decisions"Read moreRussia delivers massive retaliatory strike on Ukrainian military-industrial sitesThe Russian Armed Forces delivered a massive strike on military-industrial enterprises, fuel and energy sites in Kiev and the Kiev Region, as well as on military airfield infrastructure in the Dnepropetrovsk, Poltava, Cherkassy, Chernigov and Kiev RegionsRead moreRussia hopes US efforts to settle Ukraine conflict will succeed — Kremlin spokesmanAccording to Dmitry Peskov, Moscow maintains contact with Washington through working channelsRead moreDeath toll in Venezuelan earthquake tops 3,500According to the government’s daily bulletin, 16,740 people were wounded, while 17,854 lost their homesRead moreChinese Foreign Ministry calls reports on training Russian soldiers in China 'slander'Mao Ning noted that German Foreign Ministry officials have indeed recently met with the Chinese ambassadorRead moreUkrainian spy sells his smartphone to Russian intelligence for month's worth payThe Russian special services are performing operative actions in connection with the information they receivedRead moreNo specific agreements yet on potential Putin-Trump meeting at Hermitage — KremlinKremlin Aide Yury Ushakov said earlier that the US president had expressed admiration for the Hermitage Museum during his recent phone call with the Russian presidentRead moreUS believes Iran attacked vessels in Strait of Hormuz twice on Monday — news outletAxios emhasized that the US will likely respond by striking targets in IranRead moreAir defenses destroy 116 Ukrainian UAVs over Russian regions within 12-hour periodIn particular, drones were intercepted over the Belgorod, Bryansk, Kaluga, Kursk, Leningrad, Omsk, Smolensk, Tver, Tula, Krasnodar and Moscow Regions, the Republic of Bashkortostan and the Republic of CrimeaRead moreAll Ukrainian forces deployed near Ivolzhanskoye in Sumy Region destroyed — defense sourceIvolzhanskoye is located about 11 km from the northern outskirts of SumyRead moreRussia's offer to collect dead bodies from Konstantinovka proves who controls it — Lavrov"Kiev will most likely classify the lost troops as missing," the Russian foreign minister saidRead moreRussia’s Battlegroup North destroys 79 Ukrainian UAVs, Slovenian M-55 tank in past dayDuring the last 24-hour period, the Ukrainian army lost roughly 195 troops, Battlegroup North Spokesman Vasily Mezhevykh saidRead moreSecretary-general admits NATO has limits regarding support to Ukraine’s air defensesMark Rutte stressed that the alliance's member states were doing their bestRead moreUS in talks with European allies on missile co-production — agencyIf implemented, the plan could free up capacity at Raytheon and Lockheed Martin factories in the US and enable the defense giants to ramp up production at home, the news agency pointed outRead moreZelensky delays signing US drone production deal — mediaAccording to unnamed Ukrainian officials, Vladimir Zelensky "may be seeking better terms from the US," attempting to persuade American officials to "recognize the deal’s value"Read moreUkrainian forces comprising Latin American mercenaries sustain heaviest lossesYevgeny Lisnyak, Deputy Head of the Military-Civil Administration of the Kharkov Region for Defense and Security, said that their limited language skills mean they often end up as cannon fodderRead moreIN BRIEF: Kremlin spokesman speaks on special military operation’s goals, NATO summitThe situation surrounding Ukraine can shift to a peaceful track once Kiev makes some tough decisions, Dmitry Peskov notedRead more