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Economy of Russia

The funding outlook for Russia's space program started to look more favourable. In , a new strategy for the development of the country's space program, titled the Federal Space Plan , was approved. It stipulated the completion of the International Space Station , development of the Angara rocket family , introduction of a new manned spacecraft and completion of the GLONASS constellation, among others.

In the mids, funding of the space program continued to improve substantially, amounting to The industry also continued to receive very substantial funds from exports and foreign partnerships. Under Dmitry Medvedev 's presidency, space technology was named of the key areas of the country's modernisation programme. As a result of a series of reliability problems, and proximate to the failure of a July Proton M launch, a major reorganization of the Russian space industry was undertaken.

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The United Rocket and Space Corporation was formed as a joint-stock corporation by the government in August to consolidate the Russian space sector. Deputy Prime Minister Dmitry Rogozin said "the failure-prone space sector is so troubled that it needs state supervision to overcome its problems.

Preliminary information indicates that the government intends to reorganize in such a way as to "preserve and enhance the Roscosmos space agency. It is the country's main human spaceflight contractor, the lead developer of the Soyuz-TMA and Progress spacecraft and the Russian end of the International Space Station. It employs around 22,, people.

The Soyuz-FG version is used to launch manned spacecraft, while the international joint-venture Starsem markets commercial satellite launches on the other versions. Moscow-based Khrunichev State Research and Production Space Center is one of the commercially most successful companies of the space industry.

It is the developer of the Proton-M rocket and the Fregat upper stage. The company's new Angara rocket family is expected to be put into service The company is located in Zheleznogorsk , Krasnoyarsk Krai , and employs around 6, people. NPO Lavochkin is Russia's main planetary probe designer.

It is responsible for the high-profile Fobos-Grunt mission, Russia's first attempt at an interplanetary probe since Mars A large experience gained by the Russian propulsion industry on all types of rocket engines but in particular in oxygen hydrocarbon propellant and staged combustion system.

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In Russia, services are the biggest sector of the economy and account for 58% of GDP. Within services the most important segments are. The Soviet Occupation Zone was the area of central Germany occupied by the Soviet Union from on, at the end of World War II. On 7 October the.

Critics claim that Proton rocket fuel unsymmetrical dimethylhydrazine , UDMH and debris created by Russia's space programme is poisoning areas of Russia and Kazakhstan. Clusters of cancers have been found in the Republic of Altai [22] and residents claim that acid rain falls after some launches.

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The level of acidity in the atmosphere is not affected by the rocket launches [and] there is no data to prove any link between the illnesses [in Altai] and the influence of rocket fuel components or space activity of any kind". From Wikipedia, the free encyclopedia. Retrieved 13 April Some Progress but No Clear Direction".

Centre for Analysis of Strategies and Technologies 2 8. Centre for Analysis of Strategies and Technologies 3.

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Archived from the original on October 25, Has Russia's sat-nav system come of age? Russia Behind The Headlines. Retrieved August 7, Astronomy Earth observation Archaeology Imagery and mapping Reconnaissance Weather and environment monitoring Satellite communications Internet Radio Telephone Television Satellite navigation Commercial use of space Space launch market competition Militarisation of space Space architecture Space exploration Space research Space technology Space weather.

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The effects of this issue are expected to wane over the second half of the year however, with IHS Markit forecasting industrial production to grow 3. That said, the service sector will not be without its challenges over the coming year as new VAT rules come into force. Consequently, inflation expectations have been revised up for , with many expecting a halt on interest rate cuts as the tax hike is forecast to push inflation above the 4. Meanwhile, a controversial proposed increase in the retirement age could impact part-time workers and investment in on-the-job training in the medium-term if phased in.

July data signalled the second successive month of job shedding across both the manufacturing and service sector, despite a solid rise in services new business.

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Berlin portal East Germany portal. View a machine-translated version of the German article. A supermarket selling groceries is a typical anchor store in a Russian mall. The industry entered a deep crisis after the dissolution of the Soviet Union , which peaked in the last years of the s. Retrieved 7 August The Russian economy risked going into recession from early , mainly due to falling oil prices , sanctions , and the subsequent capital flight.

In an already challenging labour market where redundancies have increased, and firms prioritise more efficient business processes, candidates will face greater pressure to stay fit and skilled. However, a rise in the retirement age could lead to greater economic growth and increase the level of government investment in healthcare and education. Reproduction in whole or in part without permission is prohibited.

The monthly data are derived from surveys of senior executives at private sector companies, and are available only via subscription. The PMI dataset features a headline number, which indicates the overall health of an economy, and sub-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover opportunities.

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Manufactring output growth stuck at subdued pace seen in November,…. Eurozone growth comes in softer according to the PMI. Composite Output drops to