industry

While Donald Trump recalls his summit with Xi Jinping in Busan as a "twelve out of ten" meeting, Beijing is methodically preparing its economy for the next confrontation. Quietly, carefully, but with unmistakable purpose — building a legal arsenal.

Smile and Wave

Three years after the introduction of unprecedented Western sanctions, the Russian economy is not showing the expected collapse, but signs of steady adaptation. Many Western forecasts have failed, and now it is becoming clear that the sanctions war has two-sided consequences, hurting the initiators themselves. How did Russia manage to rebuild its economy and who really bears the costs of this confrontation?

 Brazil is a country with a promising economic potential. The official state currency is the Brazilian real. Huge deposits of minerals, fertile lands create excellent preconditions for the development of mining industries and agriculture. Of all the countries of South America, Brazil has the most tangible impact on the international economy.

Economic situation

Argentina is an economically ambiguous republic, having experienced several ups and downs in the past century. This large state in the early XX century was one of the richest in Latin America, but due to inept policy of the authorities, it twice was on the verge of default and entered the list of third countries of the world. In 2015 Mauricio Macri was elected as the president, who in a short time was able to double the foreign exchange reserves of Argentina. So is it worth investing in this country at the moment?

La Esca is a unique hydraulic structure with one of the world’s highest earth dams with a reinforced concrete shield (it   reaches a height of 220 meters). The plant is the top level of the hydropower cascade on the Rio Grande de Santiago river on the border of the states of Jalisco and Nayarit. The main power equipment for the two of the previously constructed HPPs of this cascade - 975 MW Aguamilpa and 750 MW El Cajon - was also supplied by Power Machines (they installed the same hydrogenerators at  El Cajon).

The team of one of the Russian biggest aircraft plants the public corporation “Corporation Irkut” became the winner in the team event at the international forum “Engineers of the Future-2012”. The rally of young engineers took place on the shore of Lake Baikal where young specialists introduced projects on Russian industry development. In her interview to the “VIGIL” journal the principal engineer on organization and work measurement of Irkutsk aircraft branch of the pc “Corporation Irkut”, deputy chairman of the Council of the Youth Antonida Druzhinina spoke about forum benefits.

This year the Russian Engineering Union is celebrating its first jubilee. Within five years the organization not only united the leading companies of the country, but became a powerful driving force. The important step was made last year, when a new political trend connected with participation in All-Russia People’s Front arose. 

 The leader in modern aircraft construction is the USA with 53% of world market, the total volume of which is $155bn. Russia has its modest 3.4% and mainly due to military airplane sale. Nowadays 248 Russian enterprises relating to aircraft industry are under operation. Their proceeds came to more than 608bn rubles last year.