Russia deployed a new division of S-400 surface-to-air missiles in Crimea on Saturday, Russian news agencies reported, in an escalation of military tensions on the Crimean peninsula.
Russian annexed Crimea from Ukraine in 2014, triggering economic sanctions by the European Union and United States and a tense stand-off in the region.
The US said in December it planned to provide Ukraine with "enhanced defensive capabilities", which officials said included Javelin anti-tank missiles.
Moscow's latest deployment represents the second division armed with S-400 air defence systems on the peninsula, after the first in the spring of 2017 near the port town of Fedosia.
The new division will be based next to the town of Sevastopol and will control the airspace over the border with Ukraine, the RIA news agency reported.
The new air defence system, designed to defend Russia's borders, can be turned into combat mode in less than five minutes, Interfax news agency quoted Viktor Sevostyanov, a commander with Russia's air forces, as saying.
Russia's defence ministry says the S-400 systems, known as "Triumph", can bring down airborne targets at a range of 400 kilometres and ballistic missiles at a range of 60 kilometres.
They were first introduced to the Russian military's arsenal in 2007, the ministry said.
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Ukraine: the cold war that sometimes gets hot
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Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
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Engine: Direct injection 4-cylinder 1.4-litre
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
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Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
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