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RUSSIA'S ECONOMY

Greek crisis to devalue ruble — former Russian finance minister Zadornov

According to Zadornov, the Greek crisis is a signal to a lower demand for oil assets

© Sergey Konkov/TASS

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Final results: 61.31% of Greeks speak against deal with creditors

MOSCOW, July 6. / TASS / The crisis in Greece could devalue the ruble and lower the demand for oil assets, former Russian Finance Minister and VTB 24 Chairman Mikhail Zadornov said in an interview with Russian TV channel Rossiya 24 on Monday.

"The Greek crisis will certainly devalue the currency in Central Europe, the Polish currency, the Czech, the Balkan countries, where there is a strong presence of Greek banks, and of course the ruble. That means, that the ruble will depreciate during this time, just like all the other currencies that are not part of the Eurozone, with the exception of the dollar," Zadornov said.

According to Zadornov, the Greek crisis is a signal to a lower demand for oil assets. "This can reduce the global oil prices, along with the possible agreement between Iran and the five permanent UN Security Council members and Germany, on the Tehran nuclear dossier.

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EU summit calls to continue work on duties on Russian, Belarusian agricultural produce

The European Commission suggested introducing duties on agricultural products from Russia and Belarus earlier

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According to Kazem Jalali, Iran is also in favor of cooperation between universities of all countries of the association

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Igor Kimakovsky said that Ukrainian forces suffered heavy casualties among personnel and military hardware, including Western equipment

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The IDF also said that its soldiers were forced to open fire in the area in order to "remove an imminent threat"

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Vasily Nebenzya also pointed at the European Union’s double standards with regard to refugees from Ukraine and the Global South

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MiG-31I fighters receive air refueling system

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Russia-China military-technical cooperation not directed against other states — diplomat

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Number of people convicted of high treason in Russia last year revealed

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Ukrainian military reportedly uses HIMARS rocket launcher to attack Gorlovka

Head of the Donetsk People’s Republic Denis Pushilin also said that an explosive device had detonated in the Kievsky District of Donetsk, injuring a man born in 1964

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Ukrainian president admits Russian troops’ advancement

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Xi Jinping proposes four principles for resolving Ukrainian crisis

The Chinese leader had an in-depth exchange of views on the Ukrainian crisis with German Chancellor Olaf Scholz, who is on an official visit to Beijing

US deploying missiles in Philippines to endanger global security — Russian envoy

Anatoly Antonov has urged the US "not to open Pandora's Box" and follow Russia’s suit "by taking all necessary steps to ensure global stability and predictability"

Shoigu tests commando vehicle, calls for additional machineguns

The Russian defense minister "personally tested the special transportation vehicle and its running qualities"

Russian PM signs off on plan for regions to accommodate evacuees from Palestine

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EU leaders urge to adopt proposal on using incomes from frozen Russian assets for Ukraine

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Georgian president says she will veto law on foreign agents

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Russian government approves list of unfriendly countries

There are two countries on the list

Ukrainian front may collapse this summer — newspaper

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US retrieves weapons previously banned under INF treaty — Russian ambassador

Anatoly Antonov emphasized that such steps were another powerful blow to strategic stability

French, US, British nukes all interwoven — Russian diplomat

Maria Zakharova described France’s decision to place its aircraft carrier, the Charles de Gaulle, directly under NATO control as a symbolic move marking the end of "the era of an independent Paris in the international arena"

Russia restores gasoline production after decline — Energy Ministry

The increase in motor gasoline production in mid-April is associated with production recovery after a local drop due to unscheduled repairs at refineries

Israel may have used banned white phosphorus munitions while shelling Lebanon — TV

On Wednesday night, the Israel Defense Forces press office reported that Israeli fighter jets struck "significant Hezbollah terrorist infrastructure used by the terrorist organization’s aerial defense system" in Lebanon

Argentina applies for status of NATO’s global partner

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Both main US parties threatened Telegram, co-founder says

"So we got two letters that said: whatever we do, we would be violating the US Constitution," Pavel Durov said

No snap elections before delimiting borders with Azerbaijan, Armenian PM says

Nikol Pashinyan said about it, replying to a question from a resident of the borderline village of Berkaber about the necessity to hold snap elections before delimiting the border with Azerbaijan

Protesters give Georgian government one hour to revoke foreign agents bill

Earlier on Wednesday, Georgia’s parliament passed the foreign agents bill in the first reading

EU vows new sanctions against Iran, calls on Mideast conflict parties to show restraint

The European Union is also poised to impose new sanctions on Iran, related to drones and missiles

Major Western investor accuses Zelensky's office of extorting millions of euros

Arnulf Damerau said that he provided details of the meeting, along with evidence and a list of names of those involved, to US and European intelligence agencies

Ukraine attacks ZNPP training center again, drone neutralized

"No one was injured as a result of the attack," the news release said

US believes that Russia tested 9M729 missile for range beyond 500 km

"All NATO allies agree that the 9M729 is not compliant with the INF Treaty," the US embassy’s spokesperson said

Georgia’s parliament approves first reading of foreign agent bill

Protests against the bill have been held outside the parliament building since Monday

Ukrainian military under constant gunfire by Russian troops near Urozhainoye, says POW

Yevgeny Pogrebnyak said that he was treated well by Russian troops in his captivity

Russia, CIS partners to hold air defense exercise in 2024

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France-Russia relations hit rock bottom — ex-envoy to Paris

Alexander Orlov noted that recently French President Emmanuel Macron "has made a number of questionable moves that have increased the divide" between both countries

Ukrainian drone attack damages four houses in Russia’s Voronezh

According to Governor Alexander Gusev, last night the air defenses on duty in the Voronezh Region detected and destroyed several air targets, including three weather probes

Former Ukrainian MP sees Zelensky turning into 'usurper' after his term expires

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US assured Israel that Iranian drones will be intercepted — US journalist Hersh

He also said that the US military contacted Russia and the United Kingdom while evaluating the potential of the Iranian attack

New US bill calls for $26 bln in assistance to Israel

The bill also includes a proposal to earmark $2.4 billion to fund US Armed Forces operating in the Middle East in response to threats against Israel

Ukraine convicts 12th world chess champion for recognizing Donetsk, Lugansk republics

The two other State Duma members mentioned in the verdict alongside Karpov are Viktor Kazakov and Georgy Karlov