{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

RUSSIA'S ECONOMY

Financial recovery of B&N Bank not to affect stability of banking sector — Sberbank CEO

Sberbank CEO Herman Gref believes that financial recovery procedures of large Russian banks are most likely to end

ISTANBUL, September 22. /TASS/. Financial recovery of B&N Bank will not affect stability of the Russian banking sector but will lead to its strengthening, Chief Executive Officer of Sberbank Herman Gref told reporters.

"This [financial recovery of B&N Bank - TASS] will not affect stability of the banking system at all. It is important that owners are cooperating with the Central Bank. This will lead to strengthening of the banking sector," Gref said.

Read also

Financial recovery of B&N Bank to last 6-8 months — Central Bank

Gref said he believes that financial recovery procedures of large Russian banks are most likely to end, he told reporters on Friday.

"As far as I know, the banking sector does not have these problems anymore. It seems to me that now the situation among large banks will be healthier, and the Central Bank, having seized control, calmed down the situation in the banking sector," Gref said.

He added that the Central Bank guarantees the rights of all bank customers without exception and no one’s interests would be hurt.

Sberbank is not yet ready to sell its banking business in Turkey because the economy is recovering there, Gref noted.

"We are dealing with business and a situation may occur at any time when we are buying or selling a portion of our business. However, we do not have plans to sell our business in Turkey now," he added.

Earlier Governor of the Central Bank Elvira Nabiullina said at the International Banking Forum that the market hardly reacted to the situation with Otkritie bank.

"We can now state that the negative effect of reorganization of Otkritie bank on the financial market was minimal. There is no outflow of deposits from other banks. Tere is a slight increase in bond yields by 100-150 basis points, but it does not have systemic risks, and the market hardly reacted to it, "she said.

Earlier Nabiullina noted that, in general, the situation in the Russian banking sector is stable, and the "problems of Otkritie are not related to the general problems of the banking sector, but to the business strategy of the bank."

Earlier the Central Bank announced measures aimed at improving the financial stability of B&N Bank through the Fund for the Consolidation of the Banking Sector. The recovery procedures will be conducted in two stages and will take from six to eight months, the regulator said. According to the Central Bank, the regulator will take ownership of at least a 75% stake in B&N Bank after the financial recovery procedure.

IAEA inspectors notified of high voltage power supply line shutdown at ZNPP

The reason for the shutdown remains unknown

Opposition halts talks with officials in Abkhazia, plans to build up forces

Protesters seized control of key government buildings in the country’s capital earlier

Scholz-Putin talk should be welcomed, as it is right step — Bundestag

The lawmaker emphasized that politicians who are "intoxicated by war" and advocate for an imposed peace or the continuation of the conflict "until Kiev's victory" are only contributing to further loss of life

Russia always fulfilled its trade obligations, ready to cooperate with Germany — Putin

"It was underscored that Russia has always been committed to its treaty and contractual obligations in the energy sector and is ready for mutually beneficial cooperation if the German side shows interest in this," the statement says

Musk doubles down on his opinion about 'endless war' in Ukraine

Earlier, the entrepreneur opined that the bloodshed in Ukraine would end soon

Russia awaits Trump’s proposals on Ukrainian settlement — Lavrov

"Russia's position was clearly worded by the Russian president on June 14, 2024," Sergey Lavrov stressed

Participants in Sir Bani Yas forum in UAE understand causes of Ukrainian crisis — Lavrov

The Russian foreign minister arrived in Abu Dhabi to take part in the Sir Bani Yas international peace and security forum and has already held a series of bilateral meetings

Abkhazian president’s office says investment agreement with Russia not revoked

Aslan Bzhania has not signed the document

Outgoing US administration should end military support for Ukraine — Hungary’s Orban

Viktor Orban believes it would be only fair and just for the outgoing Biden administration to reduce military support for Ukraine as power changes hands

Russia's newest Su-57 fighter jet superior to China's new J-35 — test pilot

Sergey Bogdan emphasized that the newest Russian fighter was a "magnificent platform for a future generation of configurations, just as the Su-27 aircraft in its heyday"

France wraps up training of new Ukrainian brigade — minister

The brigade is equipped with French weapons

Putin states degradation of Russian-German relations due to Berlin’s policy — Kremlin

After 2022, Berlin has been pursuing an openly unfriendly policy against Russia, supporting the anti-Russian sanctions

China receives first batch of Russian S-400 missile systems — source

Russia’s S-400 Triumf is designed to destroy aircraft, cruise and ballistic missiles, including medium-range missiles, and surface targets

Scholz discussed his plans to talk to Putin with US, French, UK leaders — Bild

Scholz met with US President Joe Biden, French President Emmanuel Macron and UK Prime Minister Keir Starmer in Berlin on October 18

Gazprom says EU artificially destroys gas demand to the detriment of its own economy

As for global gas demand, gas consumption in January-October increased by 80 bln cubic meters year-on-year, the company noted

FACTBOX: Putin, Scholz hold phone talks first time in two years

The talks were initiated by Berlin

Developments in Kursk Region: Ukrainian fighters suffer losses, face charges in Russia

Ukraine lost more than 100 servicemen, a tank, an armored fighting vehicle, four motor vehicles, two D-30 122-mm howitzers, a mortar and an electronic warfare station over the past day

Chechen leader reports eliminating Ukrainian troops in Sumy Region

According to Ramzan Kadyrov, fighters from the 34th Akhmat-Russia motorized rifle regiment conducted reconnaissance using unmanned aerial vehicles

Israel hits nuclear research facility in Iran, Axios claims

In October, Axios reported that an Israeli strike on Iran had disabled a crucial component of Iran's ballistic missiles production program

Trump to rely on forces that brought him to power — Russian presidential aide

Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

Russia routs Brunei 11:0 in friendly football match

That is the biggest ever victory for the Russian team

Artillery shell hits office of UN peacekeepers in Lebanon

There was no injury among peacekeepers, but only minor damages to the gym, UNIFIL said

Fire in women’s shelter near Moscow put out

The fire in a safe house for women in the city of Odintsovo near Moscow has been put out

Zelensky announces work on new action plan

In terms of weapons, the plan will focus on production in Ukraine and cooperation with partners

Russian forces capture 10 km of LPR border — military expert

On October 16, Andrey Marochko informed TASS that Ukrainian forces were still operating near three key towns in the LPR’s west: Svatovo, Kremennaya, and Lisichansk

Abkhazia’s defense capability unaffected by protests — security official

The Abkhazian capital of Sukhum remains the sole place of protest activity in the South Caucasus republic, he added

Clear Zelensky won't be the one to decide about talks with Russia, says Lavrov

"Russian President Putin has repeatedly said that we have never refused to negotiate," the Russian foreign minister reiterated

US does not fulfill LNG contracts for Europe worth tens of billions of dollars — Gazprom

In addition, the United States is influencing the global gas market with its verbal interventions regarding the possible withholding of LNG supplies to China, as well as a temporary suspension of the issuance of export licenses, Deputy Head of the Department - Head of the Directorate at Gazprom Kirill Polous said

China hopes for Canada's respect for 'one China' principle — Wang Yi

"We hope that Canada will fully understand the high delicacy of the Taiwan issue and sincerely abide by the 'one China' principle," the Chinese Foreign Ministry quoted him as saying on its website

Japanese foreign minister to visit Ukraine

No announcements on the issue were made previously

Trump to zero in on fragmenting BRICS, Ukraine to take back seat — expert

According to the political scientist Boris Mezhuyev, in all likelihood attempts to replace the presidents of Brazil and Venezuela, and pit India, Russia and China against each other are coming

Press review: Switzerland open to hosting Putin-Trump talks as NATO and EU back Ukraine

Top stories from the Russian press on Friday, November 15th

Zelensky tried to dissuade Scholz from telephone talks with Putin — news agency

According to the source, Vladimir Zelensky told Scholz that the conversation with Putin "will only help to reduce the isolation" of Russia

Putin, Roscosmos chief outline vision for Russia’s space program

Yury Borisov provided a brief report about what the National Project consisted of, its main objectives, tasks and expected outcomes

Armenia’s statements indicate its reluctance to take part in CSTO events — diplomat

When asked about Yerevan’s possible participation in the upcoming CSTO events, including a summit on late November, Alexander Pankin said that this question should be addressed to the Armenian side

Ceiling collapses at Siberian mine, at least one trapped - investigators

The incident occurred in the early hours of Saturday

Air defenses destroy 34 Ukrainian UAVs over five Russian regions

"Alert air defense forces destroyed 34 Ukrainian UAVs: 20 over the Kursk Region, 11 over the Bryansk Region, one UAV over the Republic of Crimea, one UAV over the Belgorod Region and one UAV over the Kaluga Region," the ministry said in a statement

Ukrainian intel officers in Syria to be eliminated as terrorists’ accomplices — diplomat

According to Alexander Lavrentyev, there are "in fact Russian troops stationed" in Syria

Swedish minister in charge of gender equality suffers from bananaphobia

The phobia is so strong that special precautions need to be taken before her meetings

China-Japan relations far more than bilateral — Xi

Xi Jinping also emphasized China's willingness to "work with Japan in accordance with the principles and directions established in the four political documents signed by the two countries"

Foreign mercenaries fighting on Ukraine’s side near Kupyansk, says military expert

Most of the intercepted talks deal with military issues, using a special talk chart, Andrey Marochko specified

Only plan Zelensky should be thinking about is 'plan of surrender' — opinion

In a video address on November 14, the Ukrainian president unveiled a ten-point plan covering the issues of security, energy, weaponry, production in Ukraine, and cooperation with allies

Scholz's call to Putin speaks of intention to learn Russia's position firsthand — Kremlin

The conversation took place at the initiative of the German side

Gazprom has the right to stop gas supplies to Moldova due to country’s debts — Moldovagaz

Chairman of the Board of the Russian-Moldovan gas distribution company Vadim Cheban noted that he was not aware of any plans by the Russian gas holding to take advantage of this opportunity

Georgia’s ruling party scores 53.93% in elections, wins 89 mandates — CEC results

Georgian Dream-Democratic Georgia party has won the parliamentary elections with 53.93% of the vote

Zelensky’s new plan for Ukraine is ‘an attempt to imitate’ busy activities — politician

Vitaly Ganchev noted that Zelensky's plans "pose no particular interest anymore to anyone and they the proposals are certainly not taken seriously"

IN BRIEF: Protesters storm parliament building in Abkhazia

Opposition members made several attempts to break into the parliament building and managed to enter the square in front of parliament

Russia introduced temporary restrictions on enriched uranium exports to the US

This is a tit-for-tat measure against the restriction of Russian uranium products imports introduced by the US for 2024-2027 and the ban to be imposed by it since 2028 onward

FACTBOX: Abkhazian leader leaves capital amid opposition’s demands for polls

TASS compiled main facts about the situation in the country

Putin proclaims Odessa Russian city, challenges Ukraine's historical narrative

At the same time, the president noted that once upon a time "Vladimir Lenin gave away the whole of Ukraine when he created the Soviet Union"

Abkhazian president leaves interior ministry’s building

Aslan Bzhania headed to the village of Tamysh, his press service told TASS

Kennedy Jr. added to Mirotvorets list after Trump’s appointment

Tulsi Gabbard, whom Trump previously nominated to head the U.S. National Intelligence Agency, is also still on the list

Scholz, Putin agree to maintain contact — source in German cabinet

It is reported that Scholz expressed concern over reports about the alleged deployment of North Korean servicemen to Russia

Musk says Trump, himself have public mandate for change

US President-elect Donald Trump announced earlier that Musk and businessman Vivek Ramaswamy would lead the Department of Government Efficiency in his new administration

UAE’s accession to BRICS to strengthen coordination with Russia on global problems

Russian foreign ministet Sergey Lavrov visited the United Arab Emirates and talked with his colleague Sheikh Abdullah bin Zayed Al Nahyan

Politician slams Western elites for behaving like 'collective Hitler' on Ukraine issue

Viktor Medvedchuk added that there was no unified position in the West regarding the situation in Ukraine

Police detain several protesters near CEC building in Tbilisi

Security forces drove the protesters away, cleared the road and detained several people

Phone conversation between Putin, Scholz lasted one hour — Kremlin

German Chancellor Olaf Scholz called Russian President Vladimir Putin on Friday, marking their first phone conversation since December 2022

Abkhazian President Aslan Bzhania refuses to step down amid riots

According to him, the government is also staying in the country and continues its work

Putin congratulates Gazprom on completion of work on Nord Stream 2

The gas pipeline is ready for operation, the Russian President said

Putin tells Scholz agreements on Ukraine should proceed from realities on ground — Kremlin

"Possible agreements should take into account Russia’s interests in the security sphere, proceed from the new territorial realities and, above all, eliminate the causes of the conflict," the Russian leader said

German government confirms death of ten Germans in Ukraine since February 2022

The request was filed by Bundestag member Andrej Hunko of the Sahra Wagenknecht Alliance - Reason and Justice party

Russia inks first deals to deliver Su-57 fifth-generation fighter to foreign customers

Alexander Mikheyev also explained the expectations and effect of the demonstration of Russian military hardware at Airshow China in Zhuhai

Russia, China eyeing new gas route via Kazakhstan — Novak

Consideration of the route is at the initial phase, the Russian official said

Abkhazia’s opposition demands president step down in one hour

"We have sent people with this ultimatum to him," Levan Mikaa, an opposition spokesman said

Russian troops liberate five communities in Donbass region, Kharkov area over week

Russia’s Battlegroup South inflicted more than 4,715 casualties on Ukrainian troops and destroyed 10 Western-made artillery guns in its area of responsibility over the past week, the Defense Ministry reported

RFK Jr. calls for immediate US-Russia talks on Ukraine

Earlier, Russian President Vladimir Putin put forward his latest peace proposal for the settlement of the Ukrainian conflict, which envisages the recognition of the status of Crimea, the Donetsk and Lugansk people's republics, the Zaporozhye and Kherson regions as Russian constituencies

Finland seizes over 30 more real estate properties owned by Russian government

The value of these confiscated apartments is more than ten million euros, the agency said

54 countries vote against resolution on combating ne-Nazism

116 countries, including Azerbaijan, Algeria, Armenia, Belarus, Bolivia, Brazil, China, Cuba, Serbia, and Syria, supported the document

Russian Rubicon drones strike Ukrainian trench shelters

"Upon detecting enemy positions and equipment, the data was immediately relayed to the strike force," the Russian Defense Ministry reported

Ukrainian losses: situation in Kursk Region

Over the day, the enemy lost more than 430 troops, ten tanks, two infantry fighting vehicles, 19 armored combat vehicles, 33 motor vehicles, one Anklav-N electronic warfare station

Polish foreign minister confirms meeting with European counterparts to discuss Ukraine, US

Polish Foreign Minister Radoslaw Sikorski added that apart from the top diplomats from France and Germany, Warsaw also invited Ukrainian Foreign Minister Andrey Sibiga

Lebanon receives draft ceasefire agreement with Israel from US — newspaper

According to Asharq Al-Awsat, the 13-point document provides, among other things, for the transition of the country’s southern areas after the withdrawal of Israeli troops under the control of the Lebanese army

European politicians repeat their position on Ukraine like mantra, says Kremlin

"Russian President Vladimir Putin told Olaf Scholz in detail about Russia's vision of what is happening, about possible prospects for the development of the situation," Dmitry Peskov said

German chancellor calls for peace talks with Ukraine in phone call with Putin

Olaf Scholz also highlighted "Germany’s unwavering determination" to support Kiev "for as long as it takes”

Abkhazia’s opposition demands cancelation of investment agreement, president’s resignation

In case the authorities do not accept the opposition's demands, former lawmaker Natali Smyr called on the protesters not to leave the square around the complex of government buildings

Indonesia, Malaysia, Thailand become BRICS partner countries — Russian MFA

"The BRICS Summit in Kazan demonstrated the desire of the global majority to establish a fair world order, reform global institutions and build equitable economic ties," Russian Deputy Foreign Minister Alexander Pankin said

Lukashenko tells Putin situation is "starting to get tense with Wagner"

The Belarusian leader noted that they want to go to Warsaw

Ukrainian battlegroup deprived of regular supplies in Kurakhovo in Donetsk area — expert

The Ukrainian battlegroup’s supplies have been impaired in the Kurakhovo area after Russian forces placed a road section west of that community under their gunfire control, Andrey Marochko clarified

Abkhazian president leaves capital after opposition’s ultimatum

At present, Aslan Bzhania is staying in his home village of Tamysh

Russian troops organizing logistics, ammo delivery in Kupyansk outskirts — military expert

"Logistics is being organized to enable our troops to retain their positions they are trying to secure," Andrey Marochko explained

Leaders of APEC economies concerned by protectionist measures — Russia’s chief delegate

In his opinion, decades of economic globalization boosted global wealth

Abkhazian opposition urges citizens to gather for rally near parliament building

"We responsibly state that all the bodies providing for the republic’s everyday operations continue working in normal mode," it said

Russian troops liberate DPR's Leninskoye, Makarovka

Russian army hits Ukrainian energy facilities

Ukrainian troops surrender as Russian forces advance — captive

Alexander Rapolyuk noted that they had originally been sent to the Kursk Region under the pretext of replacing their comrades, but upon arrival, they found that the servicemen they were meant to replace had already been killed

IN BRIEF: What is known about situation in Abkhazia

In order to stabilize the situation, President Aslan Bzhania decided to withdraw from the parliament a bill on the ratification of the agreement with Russia on the implementation of investment projects by Russian legal entities on the territory of the republic

Scholz, Biden have nothing to offer Putin — German expert

"He [Scholz], like another lame duck in the US - Joe Biden, has nothing to offer," Prof. Thomas Eger of the University of Cologne told the Bild newspaper

Trump team fears negative impact of allegations against Hegseth — media

According to sources, many in Trump's team are reportedly disappointed

Russia open to Ukraine talks based on June proposals, Putin tells Scholz

"Russia's proposals are well known and outlined, in particular, in a June speech at the Russian Foreign Ministry," the Russian president said

One third of Mariupol residents, who fled to Ukraine, already returned

Lack of due support, and accommodation issues, are the reason

Putin-Scholz phone conversation was arranged promptly — Kremlin spokesman

German Chancellor Olaf Scholz called Russian President Vladimir Putin on Friday

IAEA inspectors notified of high voltage power supply line shutdown at ZNPP

The reason for the shutdown remains unknown

Ukrainian people don't need support promised by Scholz after talks with Putin — Lavrov

Commenting on the Russian side's assessment of the conversation, the top diplomat emphasized that there is already a corresponding comment from the Kremlin

Russian missile frigate enters Mediterranean Sea in long-distance deployment

In the Mediterranean Sea, the missile frigate’s crew will accomplish missions as part of the Russian Navy’s standing taskforce

Lavrov outlines Moscow’s approach to Ukrainian crisis during visit to UAE — ministry

Lavrov arrived in Abu Dhabi to take part in the Sir Bani Yas international peace and security forum

Hypothetical Russia-US arms treaty needs to take other threats into account — Pentagon

According to Washington, future bilateral agreements or arrangements with Russia will need to account for U.S. deterrence requirements and other strategic threats globally

Trump picks campaign spokesperson for White House press secretary

Karoline Leavitt served as an assistant press secretary during Trump's first presidential term

Russia's liberation of Stepanovka in DPR spells trouble for Ukrainian troops in Kurakhovo

Earlier, the Russian Defense Ministry reported that the Russian Armed Forces had liberated the settlement of Stepanovka in the DPR

Release of 23 Russians taken to Ukraine from Kursk Region being discussed — ombudswoman

The documents are currently being considered by the Verkhovna Rada’s commissioner for human rights, Dmitry Lubinets and his office

Baltic Fleet’s patrol ship Neustrashimy returns to Baltiysk after long-distance campaign

Neustrashimy spent more than four months at sea and sailed approximately 30,000 nautical miles

Opposition in Abkhazia demands early presidential election

A Central Election Commission official has told TASS that if the president agrees to resign today, an early election should be held within three months