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Bank of Russia projects GDP growth at 4.2% in Q2 2023

The Bank of Russia believes that by the end of 2024 the economy will return to the level of the fourth quarter of 2021

MOSCOW, May 11. /TASS/. Russia’s GDP contraction amounted to 2.3% in Q1 2023, according to the Central Bank’s estimation, whereas in the second quarter the Bank of Russia expects economic growth by 4.2%, according to the report on the regulator’s monetary policy released on Thursday.

The Central Bank also noted that a higher level of consumer and investment activity in January-March of this year, as well as unemployment remaining close to minimum levels, permit upgrading the outlook on GDP growth rates in 2023 to 0.5-2% (up from minus 1% to 1% projected previously). In 2024, the economy will continue recovering, returning to the level of Q4 2021 as early as by the end of 2024, the Bank of Russia believes. By 2025 GDP growth rate is expected to stabilize at the range of 1.5-2.5%.

Anti-Russian sanctions

US sanctions against Gazprombank leading to energy price growth in Europe — investor

The new round of US sanctions has become the most notable lately "but generally not critical for the Russian financial system, which has already passed through much worse time," Kyle Shostak said

Key energy facility in Ternopol Region almost completely destroyed

Vyacheslav Negoda noted that a power shortage will remain in the region for a long time

Launch of Oreshnik caused no negative reaction from Central Asia — Russian MFA

Alexander Sternik noted that Moscow was closely watching how relations among NATO, the European Union and the states directly adjacent to Russian territory were developing

Emergence of new weapons changed canons of war, Medvedev says

According to Russian security council deputy chairman, this primarily concerns drones

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

Ukrainians have never seen the promised freedom, Viktor Medvedchuk noted

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

It is noted that Russia has about three times as many men as the Ukrainians in the Kursk Region and six times as many explosive drones

West seeks to destabilize global order, Russia’s intelligence chief says

"Euro-Atlantic elites are trying to convince the rest of the world that the only alternative to Western power is chaos, and for this purpose, they deliberately seek destabilization in key regions of the planet," Sergey Naryshkin said

At least 15 Palestinians killed in Israeli strike on Gaza school — TV

According to the report, the attacked building had earlier been turned into a shelter for internally displaced person

Kremlin confident Putin’s warning about strikes inside Russia was well heard in West

According to Dmitry Peskov, the position of the Russian Federation was outlined quite clearly by President Vladimir Putin

US base in Syria’s Dei ez-Zor governorate comes under missile attack — TV

No further details were provided

Kiev troops attempted to kill British mercenary who surrendered to Russians — officer

In his words, they fired conventional 120mm mortar rounds, silent munitions and at least one FPV drone with a fragmentation charge

Serbian film director Kusturica announces plans to get Russian citizenship

"But I’m already Russian," Emir Kusturica said

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"

NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

Intel chief calls on West to embrace Putin's vision for resolving Ukraine conflict

"The sooner Western capitals realize [the need to accept] the Russian president’s conditions for a peace agreement and talks, the better it will be for Ukraine, Europe and Russia, too," Sergey Naryshkin noted

US needs Ukraine's rare earth metals, including lithium — Lavrov

The Russian foreign minister noted that American companies had already bought up most of the fertile land

FACTBOX: Overview of Ukraine's ATACMS strikes on Kursk Region

The Ukrainian armed forces have delivered two strikes using Western-made long-range missiles on sites in the Kursk Region over the past three days

Zelensky shook up by Russia’s response to permission to attack it — Lavrov

According to the Russian foreign minister, the West is directly involved in the use of long-range weapons against Russia, as not a single missile could be launched without its involvement

UK delivered dozens of Storm Shadow missiles to Kiev weeks ago — news agency

Bloomberg pointed out that the missiles were sent before the US and UK authorization to use long-range precision-guided weapons to launch strikes from Ukrainian territory deep into Russia

Iran challenges US, UK, France military capabilities, IRGC general says

"The entire military potential of the US, UK, and France was mobilized to prevent Iran's operation, but the IRGC completed its mission," Ali Fadavi said

US sanctions against Gazprombank leading to energy price growth in Europe — investor

The new round of US sanctions has become the most notable lately "but generally not critical for the Russian financial system, which has already passed through much worse time," Kyle Shostak said

Europe resumes talks of troop deployment to Ukraine — newspaper

According to the sources, this is driven by the fact that Washington may scale back support for Ukraine after Donald Trump returns to office as US president on January 20, 2025

Pentagon not yet assessed damage caused by use of Russia’s newest Oreshnik missile

"When we have more to provide, we will," Deputy Press Secretary Sabrina Singh said

Israel’s national security minister calls ceasefire in Lebanon ‘historic mistake’

Itamar Ben-Gvir said that the agreement fails to fulfill the goal of this war - the safe return of northern dwellers to their homes

Ceasefire deal does not envisage US military presence in Lebanon’s south — Biden

A high-ranking US administration official confirmed the information at a special briefing, adding that Washington will provide military support to Lebanon’s armed forces

Citizens of Poland, Germany, Italy apply for residence permit in Lugansk Republic

The decisions will be made in response to these applications in the near future

Press review: Israel approves US ceasefire agreement and Georgia's new parliament convenes

Top stories from the Russian press on Tuesday, November 26th

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

Nikita Zhuravel was detained in May 2023 in Volgograd for setting fire to the Quran in front of a mosque, and during questioning, he confessed that he did it for money, under instructions from Ukrainian intelligence

Russia fails to get seat at OPCW Executive Council — vote outcome

Russian Ambassador to the Netherlands, Permanent Representative to the OPCW Vladimir Tarabrin noted that the current situation regarding the participation in the Executive council "is clear evidence of the crisis that the Organization has fallen into"

Public tribunal releases more testimonies exposing Kiev forces' atrocities in Selidovo

According to the report, Ukrainian forces are known to have killed at least a hundred civilians

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

It is specified that the Ukrainian army’s losses in the area of responsibility of Russia’s Battlegroup North in the Kharkov Region over the past 24 hours amounted to 30 personnel, two armored combat vehicles and four motor vehicles

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

Sergey Naryshkin added that the Western capitals "stopped thinking about strategically defeating Russia and shifted to thinking about how to avoid such a defeat themselves"

Kremlin explains why Oreshnik missile came as surprise

"I am sure that neither of us is even aware right now of any new future developments," Dmitry Peskov said

Moscow to respond promptly if London inflates British diplomat’s expulsion issue

British Ambassador to Moscow Nigel Casey was summoned earlier in the day by the Russian Foreign Ministry, where he was handed a note of protest

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

The Russian Security Council deputy chairman also commented on Vladimir Zelensky’s "resilience plan"

France, UK may deploy troops to Ukraine following ceasefire — expert

According to Elie Tenenbaum, European countries may send troops to east Ukraine to ensure the observation of a ceasefire regime and guarantee Kiev’s security

Biden team may escalate global tensions to highest level, FSB chief warns

According to Alexander Bortnikov, the United States, the United Kingdom, and their allies will continue trying "to blatantly interfere in allied relations within the CIS, hinder integration processes, and undermine our joint efforts to ensure security and stability across the Commonwealth"

Ukraine is a failed state, Russian foreign intelligence chief says

Sergey Naryshkin stressed that Moldova is "following in its footsteps"

Zaluzhny, not Zelensky, would become president if Ukraine held election today — poll

According to the survey, 27% of respondents would vote for Valery Zaluzhny, while only 16% said they would stick with Vladimir Zelensky

Trump considers direct negotiations with North Korea’s Kim Jong Un — Reuters

According to the report, his team believes that this step could reduce the risk of an armed conflict

Potential handover of nuclear arms by US to Kiev ‘act of treason’ — US congresswoman

Marjorie Taylor Greene suggested that the Biden administration is "trying to start a nuclear war and use it as the reason to stop the transfer of power to Donald Trump"

Kiev has ‘no chance’ of retaking lost territories — Blackwater founder

Erik Prince noted that it was necessary to end the Ukrainian conflict as soon as possible

US, other countries to step up effort for ceasefire in Gaza

In Joe Biden's words, a truce will be possible with the release of hostages and on the condition that Hamas members will not be allowed to participate in the post-conflict government

Past year was deadliest for humanitarian workers in Gaza — Russia’s UN envoy

More than 300 workers, mostly UN staff, were killed in the enclave, Russian Permanent Representative to the UN said

Ukraine supplies terrorists in Mali with white phosphorus munitions — website

The news portal pointed out that its source was an anti-government militiaman captured in the southern part of the country by the national armed forces

Austria ready to host Ukraine talks — chancellor

According to reports, US president-elect Donald Trump mentioned Nehammer's meeting with Russian President Vladimir Putin, which took place shortly after the start of the special military operation in Ukraine

Russian troops liberate Kopanki community in Kharkov Region over past day

Russia’s Battlegroup West inflicted roughly 440 casualties on Ukrainian troops and destroyed three enemy ammunition depots

Lithuania open to sending European troops to Ukraine — foreign minister

"It may become necessary for European soldiers to be deployed on Ukrainian soil, and Lithuania is always ready to consider such options," Gabrielius Landsbergis stated

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

Russia rejects Korean scenario for freezing Ukraine conflict — foreign intel chief

Sergey Naryshkin recalled that the only way to ensure peace is to eliminate the root causes that triggered the Ukrainian conflict

No int’l restrictions on deployment of Oreshnik systems — senior Russian diplomat

When asked if the 1998 Russian-US memorandum of understanding on notifications of missile launches remained in effect, Sergey Ryabkov answered in the affirmative

Russia’s top diplomat says ‘still a long way to go’ to diplomatic solution in Ukraine

According to Sergey Lavrov, 'carrying out strikes deep inside Russian territory contributed to this escalation'

Ukrainian officer says 90% of fellow servicemen have no desire to fight

According to Vyacheslav Khomenko, soldiers in his platoon don’t have required combat experience

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

The South Korean servicemen speculate that the transmission line supports, which have been out of service since June 2020 when the power supply was cut after the bombing of the inter-Korean liaison office in Kaesong, will also be dismantled soon

Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

West wants to use Kalinousky Regiment to destabilize Belarus — Russian intelligence chief

Sergey Naryshkin pointed out that now this nationalist group was fighting together with the Ukrainian army along with the Russian Volunteer Corps (recognized in Russia as a terrorist organization) and the Georgian Legion (the paramilitary group Georgian National Legion is blacklisted as terrorist and banned in Russia)

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

Didier Reynders stressed that EU countries provided Ukraine with 45.5 billion euros for military needs and supplied "a wide variety of arms" from their stockpiles, including F-16 aircraft

Proposal to give Kiev nuclear arms highly extremist — Kremlin

Dmitry Peskov noted that this is an absolutely irresponsible line of reasoning from those with a poor grasp of reality

Ukraine launches second strike on Novaya Kakhovka after emergency services arrive

According to Governor Vladimir Saldo, two vehicles have been damaged

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

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

Ill-thought-out command and control of Ukrainian troops has demoralized enemy forces and increased the number of desertions among its personnel in that frontline area, Andrey Marochko said

Chinese brands hold around 70% share of new car market — expert

As for the average cost of new cars, in October 2024 it decreased by 5.1% to $32,003

British military instructor captured, Ukrainian losses: situation in Kursk Region

In total, the enemy has lost more than 35,510 troops since the fighting began in the region

UK Foreign Office warns about response to ‘baseless’ expulsion of its diplomat

A spokesman for the UK Prime Minister Keir Starmer also said that London refutes the allegations against a British diplomat

Russian military engaged in tough battles with Ukrainians in Kharkov Region — official

"Our forces continue their coordinated efforts to liberate the Kharkov Region from the enemy," Vitaly Ganchev said

Anglo-Saxon special services involved in Nord Stream blasts, SVR chief says

Sergey Naryshkin recalled that Nord Stream was a joint Russian-European project "aimed at ensuring the uninterrupted supply of inexpensive Russian gas to Europe"

Preparation of Russia’s energy strategy until 2050 is in its final stage — PM Mishustin

The prime minister emphasized that increasing the energy and resource efficiency of the Russian economy is of paramount importance for the further sustainable development of the country

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

The new fighter-bombers have undergone necessary testing and have been sent to the places of their operation, Vadim Badekha noted

Blinken says hopes US support for Ukraine will continue under Trump

According to the US secretary of state, the administration of outgoing US President Joe Biden is determined "to do everything possible to ensure that Ukraine has what it needs" to fight through 2025

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

Donbass was in danger of genocide from Ukraine, Serbian expert says

Dr. Predrag Ceranic pointed out that in Republika Srpska, everyone understands very well that Russia was compelled "to make this move in order to protect its people in Donbass"

Majority of Americans oppose further military support for Ukraine, poll shows

The poll, conducted on November 19-22, involved over 2,200 Americans

US continues to plunder Afghanistan with impunity, says Shoigu

"In my opinion, the United States should invest in the reconstruction of Afghanistan after everything it has done and abandoned there," the top security official emphasized

Iran ready to escort foreign ships in Red Sea — navy commander

According to Admiral Shakhram Irani, Iranian military ships always escort the republic’s trade vessels at sea, not because of concerns that the Houthis may attack them, but to protect them from pirates

British mercenary taken into custody and Ukraine's losses: situation in Kursk Region

The Ukrainian armed forces lost over 250 troops, four tanks, four infantry fighting vehicles, three armored combat vehicles, eight motor vehicles and two mortars in the past day

France, UK will have to pay for their helping Ukraine strike inside Russia — diplomat

Russia’s Permanent Representative to the Vienna-based international organizations Mikhail Ulyanov said that what has been done by the White House is very dangerous

UN secretary-general welcomes ceasefire between Israel, Lebanon

Antonio Guterres also urged the parties to undertake immediate steps towards the full implementation of Security Council resolution 1701

Russian Agriculture Ministry weighs idea of growing bananas domestically

Oksana Lut highlighted the export potential of agricultural products, given that certain parts of the world do not have a climate conducive to growing things

Ukrainian forces attempt to assassinate Novaya Kakhovka head, his deputy with drones

Ukraine tracked two service cars and dropped munitions on them after the vehicles approached the administration building

US no longer objects to use of S-400 air defense systems by Turkey, Defense Minister says

According to the Pentagon, these missile air defense systems could help revealing certain specifications of jet fighters and thus negatively affect their combat capabilities

Russian forces strike Ukrainian drone control centers near ZNPP

According to Vladimir Rogov, the ZNPP personnel continues working routinely

UK ambassador to Russia gets note of protest over false info on embassy’s officer

According to the Russian Foreign Ministry, "Wilkes Pryor, deliberately stated false information about himself as he was seeking a permission to enter our country"

Putin has high hopes for cancer vaccine being developed in Russia

Head of the Federal Medical-Biological Agency Veronika Skvortskova briefed the Russian President on the vaccine's development

NATO pledges to continue supporting Ukraine following Russia’s launch of Oreshnik missile

NATO said in the statement that Russia’s deployment of the missile called the Oreshnik will not change the course of the conflict

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"

Ukraine requests UN Security Council meeting on November 27 — Russian mission

According to Dmitry Polyansky, "the Kiev regime keeps fighting windmills and does not abandon attempts to persuade the world community this struggle is very serious"

Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

Top stories from the Russian press on Friday, November 22nd

West beginning to realize only part of Ukraine will remain — Lavrov

According to the Russian foreign minister, this represents the "confrontational logic" of the West

Europe bracing for influx of Ukrainian troops after conflict is over — agency

According to the agency, the European intelligence community is preparing for potential threats, namely the possibility of Ukrainian troops flooding the continent and arms trafficking

Kremlin spokesman advises those fearing nuclear escalation to review Russia’s doctrine

"You should listen to President Putin’s statements attentively and carefully assess the actions by the authorities of this or that country of the collective West that is directly involved in these conflicts," Dmitry Peskov stressed

Putin publishes article on Russian-Kazakh relations ahead of visit to Astana

Simultaneously, Russia’s Izvestia newspaper published an article by Kazakh President Kassym-Jomart Tokayev

Russia, Saudi Arabia and Iraq discuss oil market, compensations

Participants in the meeting highlighted importance of keeping stability and balance in global oil markets

British mercenary claims he was sent to Russia’s Kursk Region against his will

The captive explained that he had served as a private in a battalion for four months

Turkey to investigate causes of Russian Superjet emergency at Antalya airport

The Turkish side will also provide information on the progress of the investigation

Ukraine abandons Selidovo, laying mines in wells — security services

The Ukrainian armed forces used various modified Western-made mines and improvised explosive devices during the process

NATO disregards all etiquette in discussing possible preemptive strikes on Russia — Lavrov

NATO Military Committee Chairman Rob Bauer earlier called for producing more weapons for precision strikes inside Russia in case a conflict broke out

Netanyahu plans to submit plan for Lebanon ceasefire to war cabinet

The duration of a potential ceasefire will depend on how events will unfold, the Israeli Prime Minister said

Ukrainian front collapsing due to lack of willing soldiers, Russian offensive — magazine

Additionally, Ukraine "does not have enough weapons, munitions or hardware," the news outlet said

Retreating Ukrainian troops leave dozens of bodies behind in Chasov Yar

According to the sources, some of these makeshift morgues were destroyed by retreating Ukrainian troops

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

Top stories from the Russian press on Monday, November 25th

Oreshnik becomes serious problem for Ukraine — Polish general

According to Waldemar Skrzypczak, satellite reconnaissance failed to detect the launch and flight of this missile