Russia cuts space funding as economic crisis bites

April 22, 2015 4:17 PM

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Russia cuts space funding as economic crisis bites

MOSCOW (Reuters) - Russia is cutting spending on its space program by more than a third over the next 10 years because of the country's economic crisis, forcing it to scrap plans to develop a super-heavy launch rocket.

Space exploration is a subject of national pride in Russia, rooted in the Cold War "space race" with the United States that saw Soviet cosmonaut Yuri Gagarin become the first man in orbit. The collapse of the Soviet Union starved the program of funds, but President Vladimir Putin has nurtured plans ...

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