Russian and Egyptian paratroopers have for the first time taken part in joint military drills in the African desert. Some 200 servicemen participated in the exercises, aimed at boosting anti-terrorism effectiveness. Source RT
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“To those companies that buy Russian aircraft, we will provide the necessary benefits, including profitable routes, as well as special incentives of an economic nature, including those related to the leasing of aircraft. We are working in compliance with the plan, and I believe that in the early spring we will be ready to report the first results,” Source RT
Any country leaving the eurozone would have to settle its claims or debts with the bloc’s payments system before severing ties, European Central Bank President Mario Draghi has said. The comment, a rare reference by Draghi to the possibility of the currency zone losing members, came in a letter to two Italian lawmakers in the European Parliament released on Friday (20 January). Source Euractiv
Britain’s government unveiled a new interventionist approach to rebalance its heavily services-based economy for the post-Brexit era, in a break with traditional Conservative laissez-faire economic policy. Prime Minister Theresa May’s “Modern Industrial Strategy”demands closer collaboration in key industries in exchange for government support, aiming to increase productivity, reinvigorate industrial production and stimulate investment in technology and R&D. Source Reuters