Anonymous ID: 506040 Dec. 26, 2024, 2:18 p.m. No.22233105   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>3595 >>3787 >>3883

'Russian air defence system' downed Azerbaijan Airlines plane in deadly crash

 

The Azerbaijan Airlines plane that crashed killing 38 people was downed by a Russian air defence system, according to four Reuters sources.

 

The Embraer 190 passenger jet was en route from Azerbaijan's capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it changed course.

 

It crashed around two miles from Aktau in Kazakhstan while making an attempt to land after flying east across the Caspian Sea, killing 38 people and injuring all of the other 29 survivors.

 

The aircraft had diverted from an area of Russia in which Moscow has used air defence systems against Ukrainian drone strikes in recent months.

 

Mobile phone footage circulating online appeared to show the plane making a steep descent before smashing into the ground in a fireball.

 

Other footage showed part of its fuselage ripped away from the wings and the rest of the aircraft lying upside in the grass.

 

People can be heard praying as oxygen masks are lowered in the plane's cabin in footage filmed by a passenger before the plane went down.

 

One Azerbaijani source told Reuters that preliminary results of the investigation showed the plane was struck by a Russian Pantsir-S air defence system, and its communications were paralysed by electronic warfare systems on the approach into Grozny.

 

"No one claims that it was done on purpose," they said. "However, taking into account the established facts, Baku expects the Russian side to confess to the shooting down of the Azerbaijani aircraft."

 

Separately an unnamed US official made a similar assessment, telling Reuters there are early indications a Russian anti-aircraft system may have been involved.

 

Euronews, citing Azerbaijani government sources, reported a preliminary investigation found a Russian surface-to-air missile was fired at the plane during drone air activity above Grozny.

 

Shrapnel hit the plane as the missile exploded next to the aircraft mid-flight, according to the network, while pictures showed the damage to the wreckage.

 

The damaged aircraft was not allowed to land at any Russian airports, despite requests from the pilots for an emergency landing, and it was ordered to fly towards Aktau, the sources said.

 

https://news.sky.com/story/russian-air-defence-system-downed-azerbaijan-airlines-plane-in-deadly-crash-reuters-13279931

Anonymous ID: 506040 Dec. 26, 2024, 2:26 p.m. No.22233151   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

25% of Russian malls may face bankruptcy in 2025

 

Approximately one quarter of Russia's shopping centers face pre-bankruptcy conditions and risk closure by 2025, according to reports from industry leaders published by Russian media on Dec. 18.

 

The forecast comes as Russia faces record-breaking interest and inflation rates amid an ongoing economic crisis.

 

Representatives from the Russian Council of Shopping Centers (RCSC) said that about 25% of Russia's malls are at risk of closure in the coming year. The challenges stem from a combination of factors, including the departure of major foreign companies after Russia's full-scale invasion of Ukraine, rising operational costs, and increased competition from online marketplaces.

 

A significant rise in interest rates on commercial loans, driven by the Central Bank's policies, has exacerbated financial difficulties.

 

Oleg Voytsekhovsky, managing director of the RCSC, said that many shopping centers are unable to refinance existing loans or secure new financing. This has hampered profitability and the ability to maintain and modernize facilities.

 

Pavel Lyulin, RCSC's vice president, pointed to a sharp increase in property values, leading to higher tax burden on shopping centers. In some cases, taxes have increased by as much as tenfold over the past two years.

 

Lyulin estimated that about half of the income from malls is now consumed by taxes, with additional increases expected in 2025.

 

Russia's Central Bank raised the interest rate from 19% to 21% in October to curb inflation amid economic strains caused by the war in Ukraine. Central Bank chief Elvira Nabiullina said on Dec. 4 that further rate hikes are under consideration.

 

After the launch of the full-scale invasion, Russia saw an exodus of Western companies reluctant to contribute to the country's economy and war effort. The combined total of losses for foreign companies that exited Russia since the beginning of the full-scale invasion of Ukraine in 2022 has exceeded $107 billion, Reuters reported on March 28.

 

https://kyivindependent.com/quarter-of-russian-malls-may-face-bankruptcy-by-2025-report-warns/