Free Republic

Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. The results highlight the dramatic decline of Gazprom, which since the collapse of the Soviet Union has been one of Russia’s most powerful companies, often used as a leverage to solve disputes with its neighbors, such as Ukraine and Moldova. Analysts had expected net income of 447 billion rubles, according to Interfax news agency. According to Reuters analysis, it...

Alexander Mercouris: The last 24 hours, or perhaps to be more precise, the last weekend has been a, actually, a consequential time over the course of the Ukraine crisis and, not indeed, just the Ukraine crisis, but in terms of global policy.But I'm going to start first by providing the military update on the situation in the Ukraine, where the developments are becoming more dramatic by the hour. In fact, as I've said in previous programs, it does increasingly look as if events, the tempo of events, or at least to be more precise the tempo of Russian advances is...

An exhibit of NATO military equipment in the Museum of Special Military Operation in Moscow keeps growing and growing!All this paid for by US and EU taxpayers.Enjoy the tour, Zeepers.Video at link.

..... Today these drones—hundreds of thousands of them—are the most important systems in the Ukrainian inventory. This means tactical radio jammers, which can block the signals operators use to control their drones, are the most important systems in the Russian inventory. So when Russian tanks began rolling toward the front line with a giant new jammer—actually, clusters of multiple jammers—in recent weeks, Ukrainian drone operators were interested. Very interested. If the new jammers worked, the Ukrainian operators would need to develop countermeasures. Their chance to find out came earlier this month, when a Russian T-72 festooned with jammers ran over...