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RUSSIA'S ECONOMY

Central Bank expects Fitch to upgrade Russia’s sovereign rating

Inflation in Russia will be close to the lower bound of the Central Bank’s outlook of 5.5% in 2016, Nabiullina predicts

© EPA/ANDREW GOMBERT

KAZAN, October 13. /TASS/. The Bank of Russia expected Fitch Ratings to upgrade Russia’s sovereign rating, the regulator’s Chief Elvira Nabiullina said Thursday.

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Putin believes inflation in Russia will hit historic low by end of 2016

"We hope the rating will be upgraded, and there are reasons for that, such as the macroeconomic stability, sustainability, economic revival," she said, adding that the country’s monetary and fiscal policy "ensures long-term financial sustainability of the Russian economy."

Inflation in Russia will be close to the lower bound of the Central Bank’s outlook of 5.5% in 2016, Nabiullina predicts:

"We have not updated (the forecast), 5.5-6%. But, according to our estimates, inflation will be closer to the lower bound of the outlook in 2016."

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Central Bank of Russia

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Reuters reported earlier that oil supplies to Belarus and EU countries via Druzhba had been suspended on December 19 due to technical problems

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Ukrainian shelling of Russia’s Rylsk damages 12 buildings — governor

Three of them are not subject to restoration, Alexander Khinshtein said

Russia has confidence in its weapons, senior diplomat says

Russian Deputy Foreign Minister Sergey Ryabkov also stressed that the recent developments had shown that the US policy of establishing a system of increasingly layered missile defenses was wrong

Oreshnik test launch forces London to take a step back — Russian ambassador

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Response to Ukrainian attack on Russia’s Rylsk to come shortly — Russia’s UN envoy

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Three of eight drones that attacked Kazan targeted defense industry facilities — head

The Tatarstan head Rustam Minnikhanov also noted that all operational services worked well when dealing with the aftermath of the drone attack

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Strike on SBU control center response to Russian general’s assassination, expert says

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Four new Russian regions moving toward self-sufficiency at a rapid pace — Putin

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Scholz, German Interior Minister booed during visit to terrorist attack site — newspaper

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The range of the Oreshnik system is up to 5,500 kilometers

Oil supplies to Hungary via Druzhba pipeline resume — top Hungarian diplomat

Reuters reported earlier that oil supplies to Belarus and EU countries via Druzhba had been suspended on December 19 due to technical problems

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Russian Defense Minister Andrey Belousov praised the new mechanisms for accelerating the introduction of advanced weapons and equipment developed by the civilian defense industrial complex in the interests of the Russian army

Airborne troops from Russia’s Battlegroup Dnepr wipe out enemy position in Kherson region

A Russian airborne crew hit the target by firing a 120-mm mortar gun on a Ukrainian temporary position

Russian sleeper agents open up about secret trip to 2018 World Cup

The married couple, Artyom Dultsev and Anna Dultseva, returned home as a result of an exchange

Trump wants NATO countries to increase defense spending to 5% of GDP — FT

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Slovak PM to visit Moscow for talks with Putin, Serbian president says

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Brazil unveils BRICS logo for 2025

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Biden signs bill to fund US government until March 14, 2025

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BRICS is approaching G20 format, Brazilian foreign minister says

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Houthis say attacked US aircraft carrier in Red Sea, shot down US fighter jet

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Mother of missing US reporter thanks Putin for promising help in locating her son

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Foreign Ministry Spokeswoman Maria Zakharova also emphasized that Moscow is outraged by the hypocritical silence of the West and its media on the terrorist attacks in Russia

Ukrainian lawmaker slams Zelensky for trying to bribe Slovak PM

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Putin agrees 'Russian world' now faces war

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Arkhangelsk nuclear submarine ready to join Russian Navy — Sevmash Shipyard CEO

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Two freight trains collide at Trans-Baikal Railways, traffic suspended

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Russian forces control more than half of Chasov Yar in DPR — expert

Andrey Marochko noted that Russian forces had "slightly advanced" in the northern and southern parts of Chasov Yar

Russian cancer vaccine to be free of charge — top oncologist

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Assad allegedly hands list of military targets over to Israel before leaving Syria — media

According to the Turkish newspaper, the former Syrian president did it to ensure his own safety

US confirms strikes on Houthi command posts in Yemen

CENTCOM forces also shot down several Houthi unmanned aerial vehicles and an anti-ship cruise missile over the Red Sea

Russian troops liberate two communities in Donbass area, Kharkov Region over past day

Russia’s Battlegroup Center inflicts 480 casualties on Ukrainian army over past day

Mourhaf Abu Qasra becomes top Syrian defense official in transitional government — TV

According to Al Watan newspaper, Abu Qasra was the commander of the military wing of the Hayat Tahrir al-Sham movement

Baltic states threaten mass deportation of Russians, take lead in Russophobia — statement

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Russia ready to normalize relations with US without detriment to its interests — Putin

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Damage to Portuguese Embassy in Kiev caused by Ukrainian air defense — Russian diplomats

Reporters are ramping up Russophobia, distorting the facts while writing on this matter, the Russian Embassy in Portugal said

Trump appoints TV producer Burnett as special envoy to UK

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Ukraine’s General Staff admits tense situation along entire frontline

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Turkish president calls on West to stop Israel in Syria before it’s too late

"All international mechanisms need to be effectively employed in order to prevent Israel from exploiting the situation in Syria," Recep Tayyip Erdogan said

Civilian manufacturers ramp up drone production to 40,000 units per month

The Russian Defense Ministry has also purchased more than 100,000 units from small design bureaus and civilian manufacturers, the statement said

Hungarian PM highlights need to lift sanctions on Russia once Ukraine conflict is resolved

Viktor Obran added, however, that only a couple of EU countries shared Hungary’s position

Series of explosions rock central Kiev — eyewitnesses

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