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Bank of Russia developing stress tests on influence of decarbonization on economy

"We will have two variants - by 2030 and by 2050," First Deputy Chief Ksenia Yudaeva noted

SOCHI, September 16. /TASS/. Russia’s Central Bank is developing long-term stress tests on the influence of decarbonization on the country’s economy by 2030 and 2050, First Deputy Chief Ksenia Yudaeva told a forum on Thursday.

"We are currently developing long stress tests for the Russian economy. We will have two variants - by 2030 and by 2050. We will look at macroeconomic consequences, our work will be a supplement to what the Finance Ministry is doing. We want to consider how it will influence the structure of the Russian economy," she said.

The Central Bank’s Chief Elvira Nabiullina said earlier that decarbonization would affect the monetary policy and all economic processes as it would require huge investment. She also noted that the regulator would regularly stress test the stability of exporting companies amid the introduction of carbon regulation.

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Central Bank of Russia Environment

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US gives Ukrainian servicemen guidance on selecting targets for ATACMS — White House

The Ukrainian servicemen "are able to use ATACMS to defend themselves on an immediate need basis," National Security Council spokesman John Kirby said

NATO expanding presence in Arctic, Baltic, Black Sea, Caspian regions — FSB chief

According to Alexander Bortnikov, a US lab network is reportedly working to implement a program to create biological weapons of selective action, while citing the need to combat some "biological threats" as an excuse

Russian forces pound Ukrainian military airfields, energy sites over day — top brass

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Talk of halting Ukraine conflict related to Russia’s initiative on battlefield — SVR

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

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Any escalation scenario possible in Ukraine conflict — Medvedev

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Defense contractor delivers new batch of Su-34 bombers to Russia’s Aerospace Forces

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Russian forces entrap Ukrainian troops near Svatovo in LPR — military expert

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Ukrainian commander-in-chief reports threats to troops in Zaporozhye Region

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Europe resumes talks of troop deployment to Ukraine — newspaper

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EU Commissioner for Justice calls on members states to step up assistance to Ukraine

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Russia may soon push Kiev troops out of Kursk Region — Ukrainian battalion commander

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Russia’s Medvedev warns Europe could face 'catastrophic damage' from Oreshnik missile

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Prime Minister Marcel Ciolacu, who leads the Social Democratic Party, ended up third with 19.15% of the vote

Diplomat mocks US Senator for talking about invading Netherlands

Maria Zakharova quoted the US Senator, who called the ICC a "Kangaroo court" and ICC Prosecutor Karim Khan a "deranged fanatic"

Moscow concerned with outgoing US President Biden’s escalation strategy — Kremlin

Dmitry Peskov’s statement comes in the wake of US National Security Council Spokesman John Kirby who said earlier that the American administration had provided the Ukrainian armed forces with instructions on selecting targets for strikes using American ATACMS tactical ballistic missiles

Denmark, its neighbors hold talks with China about damaged cables under Baltic Sea-report

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Press review: Russia to mass-produce Oreshnik missiles and EU gas prices reach record high

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No existing missile defense system can counter Oreshnik — US expert

Theodore Postol also vehemently rejected suggestions that the Oreshnik system represents previous outdated developments of Moscow

'Western vector' leaves Ukraine poorest country in Europe — politician

Ukrainians have never seen the promised freedom, Viktor Medvedchuk noted

US did not contact Russia after use of Oreshnik missile — Deputy Foreign Minister

In his televised address to the nation on November 21, Putin stated that the United States and its NATO allies had authorized the use of long-range high-precision weapons before US and British missiles struck Russian military facilities in the bordering regions of Kursk and Bryansk

Fire at Tupras oil refinery extinguished

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Netanyahu may accept ceasefire in Lebanon to stop Hezbollah bombings — diplomat

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North Korea dismantles power lines in Kaesong on border with South Korea

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Russia gave OPCW over 30 reports proving Ukraine used banned substances, official says

Kirill Lysogorsky noted that "the Kiev regime continues to systematically use toxic chemicals and chemical riot control agents"

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Russian diplomat doesn’t rule out missile deployment in Asia as response to US’ actions

Sergey Ryabkov warned Russia’s adversaries against settling into a "false sense of security"

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Independent candidate Georgescu leading first round of presidential election in Romania

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Russian national Nikita Zhuravel sentenced to 14 years in prison for high treason

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Trump promises to impose 25% tariff on all goods from Mexico, Canada

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Russia’s launch of new missile illustrated assured retaliation capability, lawmaker says

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Top Israeli defense official announces construction of fence on border with Jordan

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Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

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Kiev forces lose over 450 troops in Battlegroup Center responsibility area in one day

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Restrictions under New START treaty don’t apply to Oreshnik missile — Russian diplomat

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