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RUSSIA'S ECONOMY

Russian ruble resumes fall despite recovering oil prices

The euro rate has exceeded 80 rubles again during Wednesday's trading session on the Moscow Exchange

© TASS/Sergei Fadeichev

MOSCOW, August 26. /TASS/. The euro rate has added 86 kopecks during a trading session on the Moscow Exchange on Wednesday exceeding 80 rubles again and reaching 80.36 rubles.

The dollar rate rose by 1.04 rubles in comparison with the closing session on Tuesday to 69.89 rubles.

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The price of futures contract for Brent crude with the delivery in October rose by 0.23% to $43.31 per barrel on the ICE in London.

But the rise in oil prices does not look steady, Anton Startsev, leading analyst of IG Olma, said.

"In the afternoon, we expect data on US crude stocks [17: 30 MSK] which could affect the nature of trading on the energy market. On the currency market some period of consolidation below 70 for the dollar-ruble pair is possible," he said.

For the first time since April, the ruble price of oil fell to below 3,000 rubles ($43) per barrel, chief economist for Russia and CIS ING Bank Dmitry Polevoy said.

"This keeps some short-term risks for the ruble in the absence of positive news on raw materials market. In this regard, we draw attention to the updated forecasts for 2015-18 by the Economic Development Ministry which are interesting for the exchange market in terms of changes in the forecast for the ruble price of oil, which remains a benchmark for the market. There will be debates on what scenario is a basic one in reality, given the growing risks for the budget. A significant cut in spending, reducing pressure on the budget revenues could improve the situation with the budget and the ruble," the expert said.

Dubai Airport will be back to full operational capacity in 24 hours

Most airlines stopped canceling flights and were able to partially restore their regular flight schedule, the Chief Operating Officer noted

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

Crimea, Donbass to forever remain within Russia, Slovak PM tells national parliament

Robert Fico believes Moscow will win in its confrontation with Kiev

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

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

The legitimacy of the authorities is a hot button issue in Ukraine, where parliamentary and presidential elections are prohibited during martial law

G7 countries to continue examining possible ways of using frozen Russian assets

G7 countries are also set to take measures to counter alleged attempts to circumvent its price cap on Russian oil

DPR leader reports heaviest fighting near Avdeyevka, Chasov Yar

According to Denis Pushilin, it is too early to say when the city could be liberated

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"

Ukraine to lose at least 10 mln citizens over mobilization law — political scientist

According to Andrey Zolotarev, domestically, the population’s confidence level in President Vladimir Zelensky and state authorities will plummet

Ukrainians abroad storming embassies to avoid mobilization, Russian diplomat says

On Tuesday, Ukrainian President Vladimir Zelensky signed the mobilization law passed by the Verkhovna Rada (parliament) in the second and final reading on April 11

EU summit urges to provide air defense systems and all necessary military aid to Kiev

The document also says that the EU and its member states will step up humanitarian support and civil protection assistance to Ukraine

Russia assumes that Security Council will soon return to Gaza ceasefire issue — diplomat

"Ramadan has passed, and the question of a long-term ceasefire is once again very acute," Vasily Nebenzya said

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

Cooperation between Moscow and Beijing in the military-technical sphere contributes to enhancing security of Russia and China and "is not directed against third countries," Maria Zakharova stressed

Kiev continues to openly announce terrorist attacks on Russia — diplomat

Maria Zakharova also pointed to the fact that Ukraine's special services do not give up attempts to "massacre their former compatriots"

Roscosmos chief notes high quality of Vostochny space center’s construction

Yury Borisov said that the space facility’s launch pad bore practically no visible signs of the recent Angara-A5 carrier rocket’s launch

Press review: Iran fires back at Israel and Russia, West spar over AI rulebook

Top stories from the Russian press on Monday, April 15th

Russia maintains constructive dialogue with both Iran, Israel — Kremlin

Dmitry Peskov mentioned a recent phone call between Russian Foreign Minister Sergey Lavrov and his Iranian counterpart Hossein Amir-Abdollahian

Russia’s advanced radar in Kaliningrad to monitor entire territory of Europe — source

The first Konteiner radar went on combat duty in the Volga area region of Mordovia on December 1, 2019

Russia expects Armenia to clarify 'military, political accords' with US, EU — diplomat

Maria Zakharova noted that Moscow would not be surprised if it turned out that the US and the EU had imposed their plans on Yerevan

US retrieves weapons previously banned under INF treaty — Russian ambassador

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

Israel planned to strike back at Iran on April 15, but decided to postpone, Axios reports

Israel told the US administration about the decision to wait, according to a US official

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

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

Swiss parliament votes against joining task force on frozen Russian assets

The group contains US finance and justice ministers, representatives of Australia, the UK, Germany, Italy, Canada, France, Japan, as well as the European Commission

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

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

Russian forces pummel Ukrainian army, equipment in 133 areas over past day

Russian troops took better frontline positions in the Donetsk area over the past day, the ministry reported

FSB declassifies documents revealing Ukrainian infiltration of Red Army units during WWII

Russia’s Federal Security Service has made the memo public on the 80th anniversary of the Red Army’s liberation of Western Ukraine

Russian sovereignty over southern Kuril Islands indisputable, diplomat says

Maria Zakharova pointed out that the southern Kuril Islands were an integral part of Russia under international law based on the outcome of World War II

Russia bans 235 Australian local government officials from entering country — MFA

"Taking into account the fact that Canberra does not intend to give up its anti-Russian course and continues to introduce new sanctions, work on updating the Russian stop list will continue," the ministry said

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

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

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

Press review: US throws Russia New START curveball and Washington's aid balancing act

Top stories from the Russian press on Wednesday, April 17th

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

Georgia’s parliament approves first reading of foreign agent bill

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

Press review: Ukraine, Israel vie for EU’s attention and Georgia passes controversial bill

Top stories from the Russian press on Thursday, April 18th

Russia to scrap moratorium on intermediate missiles if US deploys them anywhere — MFA

Sergey Ryabkov said the US seeks to maintain military superiority in a great variety of areas

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

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

The Russian Emergency Situations Ministry is assigned to oversee the process of sending the evacuees to their respective regions in accordance with an annex to the directive

Shoigu visits presentation of over 30 promising weapons, including robotic vehicles

The Russian defense minister has given his instructions to speed up the introduction of promising weapons that have been tested in the special military operation zone into service with the Russian Army

Israel plans to send 'painful message' to Iran in response to attack — newspaper

According to the report, Israel’s war cabinet will meet on April 16 for a third straight day

Turkish foreign minister urges West to stop Israel, prevent war in region

"The US and Western countries should stop Israel, tell it "Stop!" and prevent the conflict from spilling over," Hakan Fidan said

German police apprehend two suspected Russian spies — media

The Der Spiegel magazine claims that the saboteurs’ targets included military cargo routes

MiG-31I fighters receive air refueling system

Another source said MiG-31I differs from previous MiG-K option by "different engines, avionics and missiles"

Mystery surrounds dolphin deaths on Black Sea coast, investigation underway

Over the past few weeks, local residents have found several dozen dead dolphins

Lavrov states West’s growing concern about BRICS plans to develop own financial tools

According to the minister, Russia is interested in increasing the role of the BRICS states in the international monetary, financial and trading systems, developing interbank cooperation, expanding the use of national currencies and creating its own exchange

Russian Aerospace Forces destroy three militant hideouts in Syria’s Homs

No shelling attacks on Syrian troops were registered over the past 24 hours

Ukrainian president admits Russian troops’ advancement

Vladimir Zelensky asked his country’s supporters to provide "everything that helps to hold the frontline," including shells, military vehicles and drones

Russia, CIS partners to hold air defense exercise in 2024

The participants in the exercises will practice interaction in getting ready for and conducting combat operations by aviation and air defense forces that are part of the unified regional air defense system of Russia and Belarus

US 'not forgetting' to help itself with aid to Ukraine — Kremlin

"In any case, whatever the modality of providing this aid, de facto it is about provoking Ukraine into further hostilities down to the last Ukrainian, putting guarantted money in the pockets of the US," Dmitry Peskov said

Russian investigators start inquiry into financing of terrorism by US, NATO officials

Investigators have established that the funds that were received through commercial organizations, such as the oil and gas company Burisma Holdings operating in Ukraine, have been used to carry out terrorist acts in Russia and abroad

Iran withdraws officers out of Syria due to Israel’s potential strike — newspaper

The report said that the Lebanese Shiite Hezbollah movement is also reducing the number of its officers in Syria

West militarizes South Caucasus, buries hope for region’s peaceful future — Russian MFA

Maria Zakharova emphasized that the result of efforts by external actors as represented by NATO in the South Caucasus would inevitably lower the degree of trust in the region and escalate armed confrontation

Russian artillery thwarts Ukrainian army’s rotation near Kupyansk — underground resistance

The Ukrainian army used the outbuilding as an ammunition depot, which accommodated about 15 fighters at the time of the air strike, spokesman Sergey Lebedev specified

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"

Iran tells US about April 13 attack on Israel, it does not want escalation — top diplomat

Hossein Amir-Abdollahian added that prior to the attack, Tehran said that it would not target US military infrastructure in the Middle East "except in a situation where the United States wants to take military measures in support of Israel"

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

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

In 2022, 16 individuals were convicted of high treason and one was convicted of spying

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

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

Weather balloon neutralized in Russia’s central Kaluga Region — authorities

According to the report, the area around the discovered balloon was cordoned off and residents of nearby houses were evacuated

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

The EU, the US, Japan and Canada have frozen Russian assets worth a total amount of around $300 bln

Slovakia to oppose Ukraine’s NATO membership bid — PM

Meanwhile, Slovakia supports Ukraine’s accession to the European Union

Russia says its forces repel four Ukrainian counterattacks in Kupyansk area

The Ukrainian army losses were up to 70 servicemen, three motor vehicles, a D-30 howitzer, 2 Plastun-3000 electronic reconnaissance stations and a Nota electronic warfare station

Georgian protests against foreign agent bill reek of US influence — Medvedev

"The experienced and all-too-familiar Hollywood touch can be seen behind these rallies," the politician pointed out

Russian, Turkish senior diplomats discuss situation in Gaza

"The meeting focused on the situation in the region," said in the statement

Russian diplomat challenges France to stop arming Kiev amid Olympic truce talk

According to Maria Zakharova, in order for Moscow to take Macron’s initiative seriously, "practical steps" are needed

Over 40 nations want to join BRICS — Russian lawmaker

According to Grigory Karasin, many BRICS members share the opinion that the association should be in no hurry to adopt a strict charter, "seeing how counterproductively and even provocatively the European Union is acting"

Yerevan's refusal to delimit borders with Baku to escalate regional tensions — PM

Nikol Pashinyan pointed out that the demarcation process also involves risks, but they are manageable, after which "Armenia will become ten times stronger"

Georgian president says she will veto law on foreign agents

According to Salome Zourabichvili, she is certain that the parliamentary majority will override her veto

US asking UNSC members to reject resolution on Palestine, hoping to avoid veto — media

UNSC approval would mean neither "statehood nor self-determination" for the Palestinian people, the State Department argued

NATO’s security goals at odds with interests of Central Asian nations — Russian diplomat

"The bloc’s so-called support program is aimed at expanding its geopolitical influence rather than at really strengthening the defense industries of its partners," Maria Zakharova added

China to act over possible US measures for alleged support of Russian defense sector

"China always opposes the illegal unilateral sanctions imposed by the United States and will continue to take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises," Liu Pengyu said

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

Ukraine attacks ZNPP training center again, drone neutralized

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

Industrial building damaged, civilian injured after drone crash in Russia’s Rostov Region

On Thursday night, air defenses destroyed three drones near Kamensk-Shakhtinsky in the Rostov Region

Israeli Air Force strikes Hezbollah targets in southern Lebanon

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

West, Kiev indulge in nuclear blackmail by demanding control of ZNPP — Russian MFA

"Without noticing it themselves, they spoke the language of an ultimatum," Spokeswoman Maria Zakharova underlined

Romania now hosts as many as 11 F-16 jets for training of Ukrainian pilots

The ministers expressed their willingness to find a way for the center to continue to operate beyond 2025

G7 countries to prevent Iran from producing, purchasing weapons

The G7 finance ministers and Central Bank chiefs also condemned "the unprecedented attack against Israel by Iran"

Ukraine turns from sovereign country into Western protectorate, Hungarian PM says

Viktor Orban noted that there should be a buffer zone between NATO and Russia and Ukraine could serve as one

German MFA summons Russian ambassador after detention of espionage suspects — newspaper

Commenting on the men's arrest, German Interior Minister Nancy Faeser said: "Our security services have prevented possible explosions aimed at undermining our military assistance to Ukraine"

Funding needs to be restored to UNRWA before end of investigation — Russia’s UN envoy

"Investigation should be objective and based not only on data provided by Israel but also on Palestinian information", Vasily Nebenzya said

Kremlin condemns 'illegal' seizure of villa from Russian businessman

Dmitry Peskov underscored that Moscow has already made its position clear on this matter

Majority of France opposes confrontation with Russia — expert

Laurent Briard believes that French President Emmanuel Macron crossed a line when he announced he was considering sending French troops to Ukraine

Humanitarian efforts in Gaza doomed without durable ceasefire — Russia’s UN envoy

Vasily Nebenzya is convinced that the work of the UNRWA is indispensable under these circumstances

'Iron Dome' can't fully protect from UAV swarms — Chinese expert

According to Wei Dongxu, Tehran's firepower can cover most of the Middle East region, representing a fierce and precise long-range retaliatory means

Ukrainian front may collapse this summer — newspaper

According to the newspaper’s assessments, Russia "has never been closer to its goals" in the special military operation zone

Iran may break through Israel’s air defenses in major attack by drones, missiles — expert

Iran has the region’s largest arsenal of ballistic missiles, estimated to number in the low thousands, Behnam Ben Taleblu noted

Ukrainian president signs law tightening mobilization rules

According to Rada Deputy Speaker Alexander Korniyenko, some of the law’s provisions will take effect after its publication, while most of them will enter into force in a month

West silent on Ukraine's threats to attack Crimean Bridge — MFA

Maria Zakharova wondered how the Western public, government agencies and intelligence services would feel if military experts from third countries started openly discussing ways to blow up bridges in Germany and Portugal

Russian government approves list of unfriendly countries

There are two countries on the list

Kiev’s attacks on Zaporozhye nuke plant result of impunity encouraged by US

Sergey Ryabkov stressed that the attacks on the nuclear facility "must be stopped"

EU isolated in its 'blossoming garden,' reluctant to let strangers in — Russian diplomat

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

Iran ready to share tech know-how with all SCO members — ambassador to Moscow

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

Putin points to high risk of new epidemic outbreaks

The Russian president pointed out that Moscow’s "program of assistance to the African countries in sanitary and epidemiological well-being provides for the delivery of ten mobile high-containment biological laboratories"

Ukraine’s military loses positions near Avdeyevka, says DPR

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

Press TV reports all of Iran's hypersonic missiles hit intended targets in Israel

The report did not specify which facilities in Israel had been attacked with hypersonic missiles

US gives nod to Israeli operation in Rafah in exchange for canceling major attack on Iran

According to the media outlet, "the US administration will support the plan for a military operation in Rafah put forward earlier," which provides for dividing the city into numbered sectors that will be mopped up one by one

Shoigu tests commando vehicle, calls for additional machineguns

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