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Financial recovery of Otkritie Bank to be implemented in softest possible way — Fitch

The Russian regulator announced measures to improve financial stability of Otkritie Bank earlier on Tuesday

MOSCOW, August 29. /TASS/. Actions undertaken by the Bank of Russia to improve financial stability of Otkritie Bank are as correct as possible in respect of clients of the banking institutions, senior director of the banking analytical team with Fitch Ratings Alexander Danilov told TASS on Tuesday.

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Russian regulator reveals problems of Otkritie Bank

"Ordinary depositors need not be anxious, since the Central Bank said no moratorium is imposed. Accordingly, no insured event occurs. People may continue freely use their money. Financial recovery of the bank is implemented in the softest possible way," Danilov said.

The Bank of Russia announced measures to improve financial stability of Otkritie Bank earlier on Tuesday. The regulator will participate in the bank’s capital as a majority investor and will provide financial support to it at the expense of the banking sector consolidation fund created this summer. Temporary administration will start working in Otkritie from August 30.

Otkritie is a systematically import bank and is ranked 8th in the national banking system in terms of assets.

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Government, business to continue dialog — Kremlin

The President and business representatives are satisfied with outcomes of the meeting, Dmitry Peskov noted

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

"It is very difficult to negotiate with those who are unable to make decisions, even if they want, they can’t, and only act as a side to a difficult conflict," Vladimir Medinsky explained

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

The date and location will be announced later

Bolivarian Alliance countries stand for multipolar world — Maduro

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

Russian court arrests in absentia four foreign agents charged with terrorism

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Ukraine turns into testing ground for future world order, says Belarus president

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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

Detained deputy defense minister suspected of taking grand bribe of over $10,000

This charges carries a punishment of up to 15 years behind bars

Potential nuclear facilities in Poland to be military target for Russia — senior diplomat

According to Sergey Ryabkov, discussions around the deployment of NATO nuclear facilities in Poland are an "unfolding story"

Cosmonauts complete spacewalk two hours ahead of schedule

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

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

West views Europe as potential theater of military operations — Lukashenko

The number of operational and combat training activities in Poland and the Baltic states increases every year, the Belarusian President noted

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"

Situation at ZNPP remains unpredictable — International Atomic Energy Agency

The situation can take a sudden turn for the worse from one minute to the next, IAEA Director General Rafael Grossi said

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

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According to the minister Gergely Gulyas, the North Atlantic Alliance "wants to provide financial assistance, as well as supply weapons and train Ukrainian soldiers"

TASS, SMI2 to launch positive content aggregator on Internet

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

West bends sanctions rules when it suits them — Kremlin

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"

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

The speaker’s shocking remarks sparked outrage among the public

Fatah accuses Hamas of actions that led to Israeli control of Gaza — report

Fatah also said Hamas is currently seeking to become part of the Palestine Liberation Organization, but is doing this "only to preserve itself and survive"

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

First-ever South Korean citizen arrested for espionage in Russia

According to the law enforcement source, Baek Won-soon was handing over classified information to foreign intelligence agencies

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’s national jurisdiction must be competitive for business — Putin

The President noted that the Russian Union of Industrialists and Entrepreneurs, together with other business associations, is doing a lot to relieve the business environment from red tape, helping to simplify or convert administrative procedures and approvals into electronic form, and helping the government improve legislation and control and supervisory activities

US nuclear facilities in Northern Europe to become targets in Russia-NATO clash — MFA

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"

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

Russia has "very constructive and friendly relations" with Turkey, Dmitry Peskov stressed

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

The text of the Declaration of the Creation of the Union of Soviet Socialist Republics and the subsequent 1924 USSR Constitution contained the right of free secession from the Union, the Russian President pointed out

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

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

The resolution passed in a 493-11 vote, with 18 abstentions

Radioactive cloud from Ukraine’s eliminated munitions drifts to Europe — Security Council

"An increase in radiation levels has already been registered in Poland," Nikolay Patrushev warned

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"

Russian deputy defense minister detained on suspicion of bribe-taking

"Russian Deputy Defense Minister Timur Vladimirovich Ivanov was detained on suspicion of committing a crime under part 6, article 290 of the Russian Criminal Code," the Russian Investigative Committee 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

Ukrainian army strikes own surrendering soldiers — POW

Andrey Babenko said that after a crash course in Britain he had been sent to the frontline near Liman

Kremlin announces creation of blockchain-based payment system in BRICS

Work will continue to develop the Contingent Reserve Arrangement, primarily regarding the use of currencies different from the US dollar," the Kremlin aide Yury Ushakov pointed out

Russian troops wipe out Ukrainian UAV production workshop over past day

The Russian forces improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the Defense Ministry reported

Foreign delegations show great interest in Russian defense products — security official

The 12th International Meeting of High Representatives for Security Issues took place in St. Petersburg on April 23-25

Russia needs to boost production of goods based on domestic technologies — Putin

The President undescored that Russia did not plan to produce absolutely everything domestically

Industrial Development Fund will get additional capitalization of 300 bln rubles — Putin

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

Positive trends in Russian economy become stronger — Putin

"Despite unprecedented challenges we face in recent years, positive trends are becoming stronger in national economy," the head of state said

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

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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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Russians not let to Turkish Airlines flights to Mexico due to US pressure on it — diplomat

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

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According to Dmitry Stefanovich, in order to prevent a new unbridled arms race, it is necessary to work on strategic stability as well as the sphere of arms control

Azerbaijan, Armenia have installed 20 border markers so far

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Kiev may use ATACMS missiles to hit Crimean Bridge — Russian defense ministry official

Russian military will do its utmost to repel such attacks, Apty Alaudinov said

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

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Maria Lvova-Belova thanked Qatar for setting up a venue for dialogue between Russia and Ukraine regarding children’s interests

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

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Promotion of Russian brands gives good return — Putin

Comprehensive mechanisms require to be worked out, the head of state noted, responding to a proposal to add new tools to support of congress and exhibition activities

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

Putin stays in daily contact with Sergey Shoigu, Kremlin spokesman says

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Network of international conspirators plotted Crocus terrorist attack — watchdog

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North Korea tests multiple rocket launchers produced at new defense enterprise

Country’s leader Kim Jong Un said the systems feature advanced technologies and "will contribute to strategic changes in the process of strengthening the artillery forces."

Houthis say they attacked MSC Darwin vessel in Gulf of Aden

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Swiss conference on Ukraine undermines European security — Russian diplomat

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

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

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West prepares puppet structures in case of coup in Belarus — KGB

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US shifted conflict in Europe onto EU, NATO shoulders to weaken Russia, says Lukashenko

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Reinforced Ukrainian battlegroup fails to break through Russian defenses in DPR — expert

Andrey Marochko added that the Ukrainians have also intensified artillery and drone attacks at Russian positions

French neo-Nazi ringleader liquidated near Avdeyevka — sources

There is confirmed evidence of his connections with French secret services

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

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West again tried to obstruct international security meeting in Russia — security official

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Blinken’s visit to China meant to shatter Russian-Chinese ties — senior Russian diplomat

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