{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

Bank of Russia says international payments, blocked assets main sanctions-related problems

The market had been preparing to face the remaining issues since 2014, Elvira Nabiullina noted

MOSCOW, December 25. /TASS/. International payments and blocked assets were the main problem related to sanctions, Russian Central Bank Governor Elvira Nabiullina said in an interview with RBC business daily, adding that the country’s financial system was ready to face the remaining issues back in 2014.

"International payments became a problem, a real problem, they are still a problem, though we are trying to solve it. Of course, blocked and frozen assets of individuals, millions of people who were not sanctioned but had frozen assets, became a very sensitive issue. This is a challenging issue that we are trying to solve in different ways together with the government," she said.

The market had been preparing to face the remaining issues since 2014, Nabiullina added. "We have lived amid sanctions since 2014 already. This is why we have already estimated the risk of tightened sanctions and worked in all areas, including carrying out stress tests with many financial institutions," she noted.

The freezing of reserves is a very negative signal for all central banks as it contravenes the basic principles of safety of reserves, the regulator’s chief stressed. "However, the floating rate and foreign currency restrictions, rather tough, which we introduced last spring, helped us here as well," she said, adding that "it allowed curbing the financial stability risks."

Tags

Central Bank of Russia

Stock markets on record-hitting spree around the world — Bloomberg

As the agency says, of the world’s 20 largest stock markets, 14 have hit all-time highs recently

Russian forces cut off ammunition supplies to Ukrainian forces in Volchansk — lawmaker

Viktor Vodolatsky also said the liberation of Staritsa would make it possible to reduce to a minimum and later completely remove the threat of bombardments for the Belgorod Region

US should explain to Ukraine that military aid won’t last forever — magazine

According to article, a security agreement between Washington and Kiev would prolong the fighting in Ukraine and could become "a liability for the United States"

Chairman of Georgia’s ruling party blasts foreign ministers for speaking at protest

Garibashvili suggested that foreign diplomats feel dismissive toward Georgia

Preparations for Putin’s visit to DPRK ongoing — Kremlin spokesman

North Korean leader Kim Jong Un invited the Russian President to visit his country when he traveled to Russia in September

Israeli fighter jets intercept suspicious target flying from Lebanon

No casualties or damage were reported

Russia warns US, EU, Kiev they are playing with fire — MFA about Ukrainian strikes

Maria Zakharova pointed out that behind these barbaric attacks with Western weapons the silhouettes of US and British handlers of Ukrainian President Vladimir Zelensky's were clearly visible

Third of Ukrainian troops surrender near Lisichansk, LPR’s envoy to Russia says

According to Rodion Miroshnik, the operation to liberate the LPR would be brought to an end as soon as the operation in Lisichansk was finished

Starlink’s failure helps Russian army take Kiev forces by surprise in Kharkov Region — WP

In addition, Ukrainian forces were facing ammunition shortages due to a stalled US aid package

Helicopter with Iranian president crash lands near border with Azerbaijan — agency

Iranian Foreign Minister Hossein Amir-Abdollahian and several more officials were reported onboard

Congolese armed forces thwart coup attempt — spokesman

Gunfire was heard in the morning near the residence of Vital Kamerhe

DPRK forced to take measures to increase nuclear deterrence after US test — statement

The US carried out a subcritical nuclear test at the proving ground in Nevada

Georgian president vetoes bill on foreign agents

The Georgian legislature passed a bill on foreign agents in the third reading on May 14

Mistral delivery connected with implementation of Minsk accords — Hollande

The French leader made the statement after his impromptu visit to Russia on Saturday for crisis talks with President Vladimir Putin, Le Figaro reported

European Council suspends broadcasting activity of four Russian media outlets

According to the Council, this ban does not apply to any activities other than broadcasting

Russia adds deputy head of Ukrainian presidential administration to wanted list

Roman Mashovets wanted under a Russian Criminal Code article, the database said

Current Kiev regime rooted in coup — Putin

The Russian leader blamed Kiev’s sponsors in the West for organizing this coup, saying they escalated it into an armed conflict

Russia to find platforms for speaking out if US refuses to issue visas — senior diplomat

According to Sergey Ryabkov, it is necessary to "treat both the issuance and non-issuance of American visas with coldness and detachment"

Israel strikes back after ten launches from Lebanon — IDF

Throughout the day, approximately 10 launches were identified crossing from Lebanon into the areas of Malkia and Har Dov in northern Israel

Ukraine was ready to sign peace deal with Russia but gave up under US pressure — Patrushev

The first Russian-Ukrainian negotiations after Russia launched its special military operation in Ukraine took place in Belarus in early March 2022 but the talks yielded no tangible results

Slovak PM Fico’s life out of danger — deputy PM

Robert Fico was wounded in a shooting incident that happened after a government meeting in the city of Handlova in the western part of Slovakia

Six drones fall near oil refinery in Krasnodar Region — authorities

Roman Sinyagovsky added that, according to preliminary information, there were no casualties or damage

Rasisi’s helicopter passenger twice called to say he was feeling bad — senior diplomat

Two powerful explosions rocks Kharkov

An air raid alert has been in effect in the Kharkov Region for almost eight hours

Russia to take response measures amid nuclear threats — senior diplomat

"Yet this vagueness has always been typical of the Western group’s doctrinal approaches, including nuclear weapons," Sergey Ryabkov noted

Russia, Iran turn US sanctions into new possibilities — senior Iranian diplomat

"It is impossible to build peace in the region without close economic ties," Ali Bagheri Kani said

11-year-old girl wounded in drone attack on Belgorod

She received wounds from falling fragments as a result of the drone’s explosion

President, Foreign Minister of Iran die in helicopter crash — Red Crescent

The helicopter also carried Governor of the East Azerbaijan Province Malek Rakhmati and Tabriz Imam of Friday Prayer Mohammad Ali Ale-Hashem

French Interior Ministry ignores Russian volunteers banned from working at Olympics

In the text of the letter, the volunteers recalled that they had been "selected by the Organizing Committee of the 2023 Olympic and Paralympic Games (for the 2024 Paris Olympics), each one given a mission" and had already received visas, bought tickets to France and were ready to start working

US-made Bradley infantry fighting vehicle hit near Avdeyevka — security forces

According to objective control data, the crew members of the armored vehicle were injured

Defense chief says Finland may reopen crossing points on Russian border

"The law is currently being finalized. It is expected to be submitted to parliament in one to two weeks. The law should enter into force very soon," the minister noted

Putin apologizes to Harbin residents for tight security measures over his visit

"The greatest impression lies in the power of Harbin," the Russian leader noted, adding that "Harbin has turned into a powerful world-scale megacity in recent years"

Russia, China sign ten joint documents

The agreements penned included an initiative to develop the Bolshoy Ussuriysky Island, protocols on requirements for beef and other products exported to China

Russian defense minister: India’s SCO accession opens up new prospects for cooperation

Leaders of the SCO member states signed the document on the accession of India and Pakistan on June 9

Air defenses down 103 Ukrainian drones, 12 ATACMS missiles, 4 Hammer bombs over day

Russian forces also hit concentrations of Ukrainian manpower and equipment in 112 areas over the past 24 hours

Death toll from Israeli strikes on Gaza Strip nears 35,500 — health ministry

According to the ministry, as many as 35,456 people have been killed, including 70 in the past 24 hours alone

Contact established with two passengers of Raisi’s helicopter — vice president

According to Mansouri, there were three helicopters and radio contact was lost with the one carrying the president

Press review: Putin embarks on state visit to China and assassination attempt on Slovak PM

Top stories from the Russian press on Thursday, May 16th

Tokyo, Seoul to resume exchanges between armed forces, suspended after 2018 incident

According to the Yomiuri newspaper, the sides hold negotiations to organize a meeting of the ministers of defense during the security on conference in Asia, which will take place in Singapore between May 31 and June 2

Kiev asks US to lift restrictions on using weapons against targets in Russia — newspaper

According to The Wall Street Journal, Kiev has also asked Washington to lift restrictions on the use of US weapons against targets on Russian territory

Russia ready for talks with Ukraine, but needs to know who is trustworthy there — Putin

The Russian leader stressed that it was politicians in Kiev who "withdrew from the negotiation process" as soon as troops were pulled back from Kiev

Russian troops advance towards Borovaya in eastern Kharkov region — official

Vitaly Ganchev added that as of today, more than 200 square kilometers of the region had been liberated from the Ukrainian armed forces

Kiev deems dead fighters missing to avoid removing bodies from battlefield — Ukrainian POW

According to Andrey Lazarkevich, in the current situation Ukrainian servicemen prefer to surrender as prisoners of war

Putin-Xi talks were very successful, Kremlin aide says

The environment was very friendly and the leaders were in a good mood, Kremlin Aide Yury Ushakov told TV journalist.

Russian forces reach Gulyapole’s suburbs in Zaporozhye Region

Russian force have advanced to about 1.5 kilometers and are now in Gulaypole’s suburb

One more Ukrainian drone shot down over Belgorod Region — defense ministry

Russian defense ministry said that this happened at about 10:00 p.m. Moscow time (7:00 p.m. GMT)

Russian rescue plane takes off for Tabriz to take part in search for Raisi

A second plane will take off shortly, the Russian Ministry of Emergency Situations said

Another five Chinese brands to enter Russian market in 2024

"By the end of the year the number of new Chinese brands may reach 10," analysts said

Kiev insists on unattainable demands for settlement — expert

According to Peter Kuznick, Professor of History and Director of the Nuclear Studies Institute at American University, Zelensky’s approval rating has dropped to approximately 60%, because "the Ukrainians are tired of war"

Medvedev says Kissinger ‘completely wrong’ about main threat to humanity

Dmitry Medvedev stressed that "subtle considerations about preventing existential threats do not work during bloody conflicts"

Russian troops use latest Upyr FPV drones in Kharkov push

Russian troops employed the Upyr FPV drone for the first time in the special military operation in Ukraine in May 2023

Over 10,000 Ukrainian fighters surrender since summer using special radio frequency

According to the source, the radio frequency operates in all directions of the line of engagement in the special military operation zone

Russian air defenses down Ukrainian drone in Russia’s Belgorod Region — top brass

Air defenses on duty destroyed the Ukrainian unmanned aerial vehicle over the Belgorod Region, the Defense Ministry reported

Finland may open its border with Russia after relevant law is passed — PM

The prime minister cited intelligence data indicating that the situation on the border is unchanged

At least 10 UAVs suppressed in Krasnodar region — operational headquarters

According to preliminary information, there were no casualties or damage

Tanzania-flagged ships sinks in Black Sea

The ship sank 26 nautical miles from the Romanian town of Sfantu Gheorghe

Assassination attempt on Slovak PM Fico was planned in advance — defense minister

It is reported that doctors are doing everything possible to stabilize the patient

Ukrainian attack on bus in Kherson Region injures 16 civilians, kills one — governor

All the others have bruises and light wounds, Governor Vladimir Saldo told TASS

French army train unit of ‘super covert’ scouts in Estonia — radio

This "experimental unit of super covert scouts" is designed to identify enemy strongholds, locate entrances to trenches, and coordinate assault teams to capture them, the RTL reported

Ukrainian forces unprepared to withstand Russian offensive near Kharkov — newspaper

It also emphasized that Russia had "a huge advantage in artillery shells," adding that "depleted Ukrainian air defenses" were unable to counter Russian air power

Turkish drone discovers potential fragments of Raisi’s helicopter — Anadolu

The IRGC Commander Lieutenant General Hossein Salami confirmed it

Russian MFA describes Putin’s China trip as defining for world’s future

The trip laid the groundwork for many years to come, Maria Zakharova said

Ukrainian president rejects French leader’s idea of Olympic truce

According to Zelensky, Kiev does not believe in the idea of an Olympic truce as it would "play into the enemy’s hands"

Situation in Kyrgyz capital under authorities’ control — top diplomat

At the same time, Jeenbek Kulubayev expressed "serious concern" about the fact that foreign media and social networks are spreading "fake and false, not corresponding to reality information about the incident and the current situation in Kyrgyzstan"

Battlegroup North liberates settlement of Staritsa — Russian Defense Ministry

Russian air defenses down 37 drones, Tochka U missile, 21 HIMARS, Vampire, Olkha rockets in past day, Russia’s Defense Ministry reported

Slovak PM's life no longer in danger, top defense official says

The prime minister has successfully undergone two surgical operations since Wednesday

Repelling missile attack in Sevastopol completed — governor

Mikhail Razvozhaev warned of the danger of falling fragments and submunitions

Russia’s upgraded T-80BV tank to feature capability of firing depleted uranium shells

The use of depleted uranium ammunition does not violate any international treaties, expert says

13 shelling attacks by Ukrainian troops reported in DPR during day

According to DPR’s head, Denis Pushilin, five passenger cars were damaged by munitions dropped from Ukrainian drone on Donetsk and Gorlovka

Area of search operation for Raisi’s helicopter reduced to 2 km — report

Citing a high-ranking Iranian Army general, the TV channel noted that the weather has worsened significantly

Two civilians killed in Ukraine’s shelling attack on DPR village

Earlier in the day, the head of the local administration Alexey Kulemzin reported that a woman had been wounded in Alexanndrovka after a shelling attack

Russian troops deliver 28 precision strikes on Ukrainian military sites over week

Russian forces advanced to better positions and inflicted casualties on 18 Ukrainian army brigades in the Kupyansk area over the week, the Defense Ministry reported

Ukraine’s real losses should be counted in millions — ex-Polish army general staff chief

"The Ukrainians are losing this war," Rajmund Andrzejczak said, describing the situation as "very, very dramatic"

Iranian president planned to visit Armenia on Sunday — source

The Tasnim news agency reported earlier that the helicopter carrying the Iranian president made an emergency landing near the village of Uzi in Iran’s East Azerbaijan Province

Iran’s Red Crescent refutes reports that Raisi’s helicopter has been found

Earlier, the state-run Press TV reported that rescuers have found Raisi’s helicopter

Russia ready to send rescuers to help find Iranian president’s helicopter — diplomat

France preparing contingent of 2,000 troops to be sent to Ukraine — intelligence chief

According to Sergey Naryshkin, the French military "fears that such a large military unit cannot be transferred and stationed in Ukraine unnoticed"

Tourist exchanges between Russia, North Korea gain traction — minister

Russian Natural Resources and Environment Minister Alexander Kozlov also said that the Moscow Zoo and ballet dancers recently paid a visit to North Korea

Russian air defense shot down 57 UAVs in Krasnodar region overnight — Defense Ministry

Three UAVs were destroyed over the territory of the Belgorod region

New Tchaikovsky Conservatory to be built in China within three years

According to acting rector of the conservatory Alexander Sokolov, the Moscow Conservatory has already received "the approval of the Russian Culture Ministry for the implementation of this project"

Lavrov arrives in Astana to take part in SCO ministerial meeting

Special attention will be focused on the prospects for the organization’s further development and its adaptation to the formation of a new world order

Russian missile cruiser Varyag enters Mediterranean Sea

The ship's crew continues to fulfill the mission it was given for the long-range voyage

Press review: Day one of Putin's China visit and US stands by Ukraine

Top stories from the Russian press on Friday, May 17th

Honduran ambassador to Moscow dies — Honduran foreign ministry

Russian Foreign Ministry Spokeswoman Maria Zakharova told TASS that the Russian foreign ministry has extended its condolences over the Honduran ambassador’s death

Putin holds meeting on floods, wildfires

He said while flooding is not over yet, there are also fires or fire-hazardous situations in some regions

Russia ready to help Iran in search operation for presidential helicopter — diplomat

The Tasnim news agency reported earlier that the helicopter carrying the Iranian president made an emergency landing near the village of Uzi in Iran’s East Azerbaijan Province

Four Ukrainian drones shot down over Belgorod Region — defense ministry

Kiev attempted attack on facilities in Russia’s territory with the use of a fixed-wing unmanned aerial vehicle was thwarted, the Russian defense ministry said

Putin orders to send rescuers to assist in search for Raisi’s helicopter — aide

Russian President ordered to send two planes and helicopters with a group of 50 rescuers

Investigation made final conclusions on Kursk submarine tragedy — Kremlin

The nuclear submarine missile cruiser K-141 Kursk sank on August 12, 2000, during exercises in the Barents Sea as a result of an explosion in a torpedo tube

Russian court seizes Deutsche Bank’s assets under RusChemAlliance’s claims

According to the files of arbitration cases, the court has partially upheld RusChemAlliance’s claim for interim measures against Deutsche Bank

11 civilians hurt in Ukraine’s shelling attack o Shebekino in Belgorod Region

According to the governor, the city was shelled from a multiple launch missile system

Russian artillery knocks out Ukrainian intel officers in Kherson — underground member

Attack had caused multiple casualties and that at least several Ukrainian security officers had been killed, said a member of the pro-Russian underground in the city

Stock markets on record-hitting spree around the world — Bloomberg

As the agency says, of the world’s 20 largest stock markets, 14 have hit all-time highs recently

Ukrainian boxer Alexander Usik becomes absolute world heavyweight champion

He beat Briton Tyson Fury in a 12-round fight held in Riyadh, Saudi Arabia

Air defense is repelling a missile attack in Sevastopol — region’s governor

Traffic on the Crimean Bridge has been temporarily closed

Expert says ‘sanitary zone’ in Ukraine should be 300 kilometers deep

it should be enough to make sure that US, French and British-made long-range weapons don’t reach Russia, including the country’s new regions, Igor Korotchenko, editor-in-chief of Russia’s National Defense magazine told TASS

It is time for Ukraine to recognize realities on the ground, Lavrov says

The conversation with the top Russian diplomat took place on the sidelines of the state visit of the Russian leader Vladimir Putin to China

South Korea-Russia relations were not doomed to worsen because of Ukraine, says expert

According to Park Byung-hwan, director of the Eurasian Strategy Research Institute, countries in their relations with each other are not guided by morals, but only pursue state interests

SCO foreign ministers to consider candidates for new chief at Astana meeting

The ministers will consider candidates for the new SCO secretary general and the director of the Executive Committee of the Regional Anti-Terrorist Structure

German Chancellor Scholz warns against a full-scale ground operation in Rafah

The Chancellor also said that sufficient humanitarian aid should be delivered to Gaza