Russia To Pull Out of Space Station by 2020

Russia said it does not plan to use the International Space Station beyond 2020, casting a shadow on U.S. plans to continue cooperation with the country and extend the life of the orbiting laboratory until at least 2024.

Russian Deputy Prime Minister Dmitry Rogozin told reporters Tuesday that Russia is looking to redirect its attention to other projects after 2020. His comments come as tensions mount over U.S. sanctions on Russia for its role in the crisis in Ukraine.

NASA released a statement saying that the U.S. space agency “has not received any official notification from the Government of Russia on any changes in our space cooperation at this point.”

NASA added that cooperation in space has been a hallmark of U.S.-Russian relations, even during the Cold War, and it pointed to the past 13 years of continuous human presence on the orbiting outpost.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza