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St. Petersburg International Economic Forum 2016

Russia’s Industry Ministry welcomes reduction of Central Bank’s key rate

The minister says any raty reduction is positive for the industry and economy on the whole

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Central Bank head: Russian economy adapted to external challenges faster than expected

ST. PETERSBURG, June 16. /TASS/. Russia’s Industry and Trade Ministry welcomes the decision of the Central Bank to cut the key interest rate and expects its further reduction, Minister Denis Manturos said on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2016) on Thursday.

"Any (rate - TASS) reduction will be positive for the industry and economy on the whole. We welcome this decision and will be expecting the trend (of the rate’s reduction - TASS) to persist further on," he said.

According to Manturov, the regulator has been pursuing the right policy since the ruble’s sharp devaluation. "We’ve tried to support our enterprises and will continue doing so regarding subsidies to compensate interest rates and implementation of projects through the Industry Development Fund," he said.

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Economy SPIEF 2016

Russian Economy Ministry expects trade balance surplus to decline

Exports of goods are expected to drop to $419.7 bln this year. Imports are forecast to grow to $315.7 bln in 2024

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

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UN bound to stay as unique world organization — Russian ambassador

"If the UN did not exist, it should have been created," Vasily Nebenzya said

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Russia to hold next international security meeting in 2025 — top security official

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Medvedev warns that Russia’s default may entail Europe’s default

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

The Russian leader expressed confidence that the the 12th International Meeting of High Representatives for Security Issues "will bolster cooperation for the mutual benefit of our countries and peoples"

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According to Vasily Nebenzya, the situation is as though a year-long probe into a murder yielded a conclusion that "the victim was murdered"

Russia warns US, NATO against harming its security — diplomat

Maria Zakharova stressed that "the level of nuclear risks have risen dramatically as a result of the West’s destructive policy, which is fraught with a direct military confrontation between nuclear powers"

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"I think that Beijing understands this perfectly well and will not even pretend being ready to reach any agreements with the Americans to the detriment of Russia’s interests," Sergey Ryabkov said

Russia fights West’s sanctions at UN for the sake of developing countries — envoy to UN

According to the diplomat, Russia is engaged in "fierce battles on this issue in different committees of the General Assembly"

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According to the US military, there was no damage to US or coalition vessels

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"ALBA can be among the founders of a new world, a new international multipolar order," the Venezuelan president stressed

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According to the news agency Tasnim, when speaking about NATO eastward expansion, Mohammad Reza Ashtiani emphasized that the Shanghai Cooperation Organization member states should utilize the SCO potential in order to neutralize common threats

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The North Korean ambassador Sin Hong Chol praised the "sincere and excellent friendly relations" between Russian President Vladimir Putin and DPRK leader Kim Jong Un

Kremlin spokesman describes European Parliament as 'Russophobic machine'

Dmitry Peskov added that the EP "has turned into a machine brimming with internal contradictions that keeps generating boorish statements"

NATO bears direct responsibility for Ukraine crisis — Chinese Foreign Ministry

Spokesman Wang Wenbin stressed that China was not providing weapons to the conflicting parties and strictly controlled dual-use goods, including the export of drones

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Dmitry Peskov noted that, "according to some parameters, companies in Europe and other regions can hardly maintain their competitiveness if they completely abandon our products"

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The report hasn’t been officially confirmed

Russian national Petrov arrested in Cyprus to appeal to Supreme Court — lawyer

On April 25, the court in Nicosia ruled to extradite Artur Petrov to the United States

Russia’s natural population decline shrinks by 24% yoy in January-August — statistics

The Federal Statistics Service noted that mortality in the eight months of 2023 decreased by 9.8%, and the birth rate dropped by 2.5%

Russian troops wipe out military train with Western armaments in DPR over past day

Russian troops improved their tactical position and repelled eight Ukrainian army counterattacks in the Avdeyevka area over the past day, the Defense Ministry reported

French neo-Nazi ringleader liquidated near Avdeyevka — sources

There is confirmed evidence of his connections with French secret services

Russia, India plan to launch ‘green corridor’ project in trade shortly

The sides supported the early launch of the green corridor project aimed at the simplification of customs operations

Network of international conspirators plotted Crocus terrorist attack — watchdog

Yury Chikhanchin pointed out that the perpetrators of the attack were provided with money, weapons, transportation and ammunition

Russia grateful to DPRK for unconditional support of special operation in Ukraine — MFA

Ivan Zhelokhovtsev said that the agreements that were reached during the DPRK leader's visit to Russia represent "evidence of the mutual desire of the sides to consistently implement and expand the rich heritage" that was passed down from previous generations

Press review: NATO flexes muscles near Russian border and South China Sea runs hot

Top stories from the Russian press on Wednesday, April 24th

Poland practices transfer of mechanized brigade to Lithuania's Suwalki Corridor area

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

The United States should not cross the red lines with regard to China’s sovereignty and security, Wang Yi added

Pelosi's remarks about US protesters undemocratic, Russian diplomat says

On April 25, US police said at least 127 people were arrested during large-scale protests on American university campuses against Israeli actions in the Palestinian enclave

Over 60% of Russian companies continue using Microsoft services

57% of companies replaced at least one foreign service with a Russian one over the past few years, the analysts noted

Polish leader cautions NATO allies against provoking Russia

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Ship receives damage in missile attack off Yemeni coast — UKMTO

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US can send Ukraine Patriot air defense systems currently deployed in other regions

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Swiss conference on Ukraine undermines European security — Russian diplomat

In Maxim Buyakevich words, neither the talks nor their outcome can change the existing political and territorial realities