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RUSSIA'S ECONOMY

Decline in Russia’s GDP in Q4 could amount to 3.7-3.8% — minister

MOSCOW, November 13. /TASS/. The decline in Russia's GDP in the Q4 of 2015 and the year as a whole year could reach 3.7-3.8%, the Russian Economic Development Minister Alexey Ulyukayev said Friday.

"The lowest point [of decline - TASS] was in the Q2 of this year - minus 4.6%. And minus 4.1% in the Q3. We expect that in the Q4 the figure will be less than 4%, could be 3.7% or 3.8%," he said.

RUSSIA'S ECONOMY

The Minister noted that the lowest point of the recession has passed in June and July of this year. "Starting from August the month-on-month figure wasn’t negative, that is - in some months it was zero, in others - slightly positive. In particular - plus 0.3% in September," Ulyukayev said.

Since 2016 the Ministry expects to restore economic growth it was forecasted to reach 0.7%, the Minister said. "In 2016 somewhere in the Q2 we should reach positive figures year-on-year. The Q2 of 2016 against the Q2 of 2015 will be positive. We have proceeded from a premise that this is due to the gradual restoration of consumer demand and that economic stocks will be restoring," he explained.

According to him, that is why slightly positive figures in the production sector and agriculture are expected. After that investment activity, investment demand will also begin to recover. "This is supported by the situation in the banking sector. We have overcome the liquidity crisis, currently both household deposits and corporate deposits are growing quite rapidly, by about 15% per year," he said.

The Minister said that inflation remains at a high level. "We are confident that it will decline rapidly because the effect of the devaluation ceases to be effective, and because the situation is improving on food markets, plus the base effect of last year will help this change," he explained.

Reducing inflation is the reason for the Russian Central Bank to reduce the key rate, the Minister added.

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Timur Ivanov was arrested by Moscow’s Basmanny Court

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Iranian Deputy Foreign Minister Ali Bagheri Kani called for a complete withdrawal of Israeli troops from Gaza

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Russian Embassy to Austria denied participation in ceremony at Nazi concentration camp

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Maria Zakharova warned that if US nuclear weapons were deployed to Northern Europe, "the security of the countries hosting these weapons will by no means get stronger, but on the contrary be harmed"

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Rafael Grossi may visit Russia in late May

Kiev violates diplomatic relations convention by recruiting mercenaries abroad — diplomat

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Musk concurs that civil war looming in West

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Russian deputy defense minister detained on suspicion of bribe-taking

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Russia ready to cooperate with all interested partners to ensure security — Putin

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Ukraine to cease to exist unless it enters into talks, Belarusian president warns

Alexander Lukashenko stressed that his Ukrainian counterpart Vladimir Zelensky should have realistic expectations

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Swiss conference on Ukraine undermines European security — Russian diplomat

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The head of state stressed that companies implementing projects can already use special support measures, and the state will expand these business opportunities

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All-Belarusian People's Assembly adopts new military doctrine, security concept

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Sergey Ryabkov noted that such problems exist for Russians using Turkish Airlines flights to other Latin American countries

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Kremlin vows to resolve situation with Turkish Airlines refusing service to Russians

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North Korea to take part in SPIEF — Embassy in Russia

The 27th St. Petersburg International Economic Forum will be held on June 5-8, 2024

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European Parliament urges EU states to regard Russian presidential vote as illegitimate

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White House alleges that Russia working on satellite carrying nuclear device

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More than 2.5 bln transactions made via Faster Payments System in Q1 — Central Bank

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Staff shortage cannot be covered by labor migration — Putin

Labor productivity requires a significant increase in all sectors of the economy, the President stressed

Right to secession from USSR was ‘time bomb’ under its statehood — Putin

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Moscow slams NATO drills near Russian borders as inflammatory

"It is obvious that the upcoming combat training on the territory of Finland is part of a hybrid war against our country," Maria Zakharova said

US government prepares to sign $6-bln contract for arms deliveries to Ukraine — Politico

According to the article, the United States "is putting the finishing touches" on one of its largest Ukraine military aid packages to date, which may be announced on Friday

Ukraine had to negotiate agreements with Russia with ‘three masters’ — Russian envoy

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Houthi leader says group attacked more than 100 ships in Red, Arabian seas so far

Ansar Allah strikes one ship every two days, Abdul-Malik al-Houthi said

Good GDP growth results showed in first months of 2024 — Putin

GDP growth is 6% in average over the first two months, the Russian leader noted

Global community condemns use of terrorists in geopolitical struggle — Russian official

Russian Security Council Secretary Nikolay Patrushev noted that the heads of foreign delegations expressed sincere condolences to the Russian people over the casualties of the attack on a concert hall outside Moscow

Kiev troops may strike targets in Crimea with ATACMS missiles — newspaper

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Russian cosmonauts begin first spacewalk in 2024

Oleg Kononenko and Nikolay Chub are expected to spend 6 hours and 52 minutes outside the orbital outpost

Europe should be prepared to build relations with Russia post-Ukraine conflict — Macron

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Bank of Russia keeps key rate to prevent inflation from being double-digit, Putin says

According to the head of state, such risks still exist

Russia to retaliate immediately if Kiev gets ATACMS missiles — diplomat

Konstantin Gavrilov also noted that the "manic efforts" of some Western OSCE member countries to isolate Russia "are futile and will backfire on their initiators"

US military advisers, if sent to Ukraine, won’t come close to frontlines — Pentagon

"United States has no intent of conducting combat operations inside of Ukraine, nor are these forces going to be anywhere near the frontlines," Patrick Ryder said

Ukrainian opposition demands parliament speaker's resignation over pro-Hitler remarks

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US effectively dooms Ukraine by its new decisions, Russian envoy says

"The American aid won’t save Zelensky. New weapons will be destroyed, and the special military operation goals will be achieved," Anatoly Antonov stressed

Russia says its battlegroup West seized better positions

The Russian forces also foiled a counterattack of an assault group of the Ukrainian 80th mechanized brigade in the vicinity of the Krasnoye settlement in the Donetsk People’s Republic

TASS, SMI2 to launch positive content aggregator on Internet

Positive agenda promotion mechanisms should appear in Russia, SMI2 CEO Yury Belousov said

US-led coalition’s aircraft violate Syrian airspace 13 times in past day

The incidents were related to flights that were not coordinated with the Russian side and involved unmanned aerial vehicles

Global community changing tune about how Ukraine conflict started — security official

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Unemployment rate in Russia remains less than 3% — Putin

The unemployment rate went down in regions and settlements where it was historically high, the head of state stressed

US nukes in Poland to become target for Russia should confrontation with NATO occur — MFA

"The impression is that Warsaw is maniacally seeking to attract even more attention from military planners in the Russian General Staff," Maria Zakharova added

Serial production of missiles for S-500 air defense systems begins in Russia — source

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Negative trends still on rise in US-China relations — top Chinese diplomat

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Houthis say they attacked MSC Darwin vessel in Gulf of Aden

The Houthis also confirmed that the movement will "continue its military operations, impeding the navigation of Israeli vessels in the Red Sea, the Arab Sea and the Indian Ocean"