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Russia’s budget deficit in Q1 exceeds $26 bln — Accounts Chamber

Russia’s budget revenues went down by 20.7% in the reporting period year-on-year

MOSCOW, July 5. /TASS/. Russia’s budget deficit amounted to 2.402 trillion rubles ($26.4 bln) in the first quarter of 2023, revenues equaled 5.678 trillion rubles ($62.4 bln), while expenditures totaled 8.08 trillion rubles ($88.8 bln), according to an analytical note on federal budget execution in Q1 2023 released by the Accounts Chamber.

"Federal budget revenues totaled 5.678 trillion rubles, or 21.7% of projected total amount of revenues, with oil and gas revenues standing at 1.634 trillion rubles, or 18.3%, while non-oil and gas revenues equaling 4.043 trillion rubles, or 23.5%," the document reads.

Russia’s budget revenues went down by 20.7% in the reporting period year-on-year. Oil and gas revenues fell 1.8-fold, while non-oil and gas revenues slipped by 3.5%, the Accounts Chamber said. It mentioned a decrease in Urals oil prices, the ruble’s devaluation, a drop in tax revenues for the treasury and a one-off tax and fee refund to taxpayers in early 2023 among the reasons behind the decline in revenues.

Federal budget expenditures rose by 37.9% in the first quarter of this year compared with the same period of 2022.

Russia’s sovereign debt added 4% in the period to 23.725 trillion rubles ($261 bln), or 15.8% of GDP.

The National Wealth Fund (NWF) in the ruble equivalent totaled 11.906 trillion rubles ($131 bln) as of April 1, or 7.9% of GDP. It increased by 14.1% in Q1 2023, the Accounts Chamber said.

Tourist exchanges between Russia, North Korea gain traction — minister

Russian Natural Resources and Environment Minister Alexander Kozlov also said that the Moscow Zoo and ballet dancers recently paid a visit to North Korea

US believes Hamas not ready for hostage deal with Israel now — news outlet

According to Axios, White House National Security Adviser Jake Sullivan said at a meeting with ambassadors and heads of diplomatic missions of 17 countries that Hamas has withdrawn from negotiations with Israel as it hopes to increase international pressure on the Jewish state by demanding an end to hostilities in the Gaza Strip

Ukrainian president says Kiev needs over 100 F-16 fighter jets

According to Vladimir Zelensky, Kiev needs this number of F-16s "in order to have parity" with Moscow

Israeli army says radical commander eliminated in airstrike on Jenin

Islam Khamayseh was involved in organizing a number of terror attacks in the area, the army’s press service reported

Born out of love: Putin hears heartwarming tale of panda Katyusha’s birth

Svetlana Akulova noted that the mama panda turned out to have very strong maternal instincts

Slovak PM’s attacker pleads guilty before court — media

Meanwhile, Slovak Radio said that Fico, who was taken to the hospital in the city of Banska Bystrica after the attack, is in serious but stable condition

North Korea tested tactical ballistic missile with new guidance system on May 17

The test launch confirmed the accuracy and reliability of the system, the Korean Central News Agency reported

Georgian president vetoes bill on foreign agents

The Georgian legislature passed a bill on foreign agents in the third reading on May 14

Shipments of long-range missiles to Kiev may expand ‘buffer zone’ toward Poland — Medvedev

"Once the Kiev regime uses Storm Shadow / SCALP-EG missiles with a range of at least 550 kilometers when the distance between Belgorod and Kiev is 429 kilometers, practically the entire central and most of the western parts of Ukraine fall within this sanitary zone," the deputy chairman of the Russian Security Council said

Acute foreign policy confrontation between Russia, West ‘in full swing’ — Lavrov

Everyone has heard remarks by French President Emmanuel Macron, British Foreign Secretary David Cameron and top EU diplomat Josep Borrell about an inevitable war with Russia, Lavrov noted

Orban sees link between attack on pro-peace Fico, war preparations in West

According to the Hungarian prime minister, NATO Secretary General Jens Stoltenberg is planning to visit Hungary in the run-up to elections to the European Parliament scheduled for June 6-9 to try and persuade Budapest to reconsider its stance

Zelensky admits possibility of Ukraine losing Kharkov

The Ukrainian president asked US Secretary of State Antony Blinken to provide two Patriot systems to defend Kharkov, but the US diplomat did not give him an unequivocal answer

Almost 10,000 people evacuated from Ukraine’s Kharkov Region

The total number of evacuees stands at 9,907, Oleg Sinegubov, head of the regional military administration, said

Russia takes control of more land than Ukraine in 2023 counteroffensive — newspaper

Earlier, President Vladimir Putin said, commenting on Russia’s offensive operations in Ukraine, that the goal was to create "a sanitary zone" to protect border areas from shelling attacks

Assassination attempt on Slovak PM Fico was planned in advance — defense minister

It is reported that doctors are doing everything possible to stabilize the patient

Hungary suggests EU countries adopt Georgian-style foreign agent law, adviser says

Earlier, Hungary took measures against foreign influence on the country’s domestic policy

Ukrainian president rejects French leader’s idea of Olympic truce

According to Zelensky, Kiev does not believe in the idea of an Olympic truce as it would "play into the enemy’s hands"

Russia to find platforms for speaking out if US refuses to issue visas — senior diplomat

According to Sergey Ryabkov, it is necessary to "treat both the issuance and non-issuance of American visas with coldness and detachment"

Putin apologizes to Harbin residents for tight security measures over his visit

"The greatest impression lies in the power of Harbin," the Russian leader noted, adding that "Harbin has turned into a powerful world-scale megacity in recent years"

US carries out subcritical nuclear experiment at Nevada site

The NNSA claims that the current and previous 33 subcritical experiments were consistent with the Comprehensive Nuclear-Test-Ban Treaty

Gaza ceasefire talks suspended — radio

The talks have reached an impasse because the parties to the conflict cannot agree on the conditions for the release of hostages, the Israeli state broadcaster Kan reported

Americans undermine trust in dollar, its role as reserve currency themselves — Putin

The Russian leader noted that solutions on how to make payments are possible and do exist

Legitimate Ukrainian president needed to sign any agreements, says Putin

Ukraine was expected to hold its presidential election in March but the vote was canceled because martial law is in effect in the country

Russia to view seizure of its property as robbery — Russian MFA on Estonia’s move

Maria Zakharova added that "the Western puppeteers exploit the Baltic countries as a 'testing ground' to test the waters concerning various kinds of anti-Russian ideas"

Russian MFA urges France to refrain from use of force against protesters in New Caledonia

Zakharova also stated that Russia believes the crisis in New Caledonia is "the result of incomplete decolonization efforts and yet another confirmation that France's policy toward its former colonies, albeit renamed overseas territories, is reaching an impasse"

Law on new rules of mobilization comes into force in Ukraine

The new rules caused a storm of indignation among Ukrainian citizens of military age at the stage of the bill's introduction into the Verkhovna Rada at the end of last year

US sanctions on Russian, Chinese goods to backfire, spiking inflation at home — Putin

The Russian president noted that sanctions are elements of economic war and are nothing new

Current Kiev regime rooted in coup — Putin

The Russian leader blamed Kiev’s sponsors in the West for organizing this coup, saying they escalated it into an armed conflict

Kiev asks US to lift restrictions on using weapons against targets in Russia — newspaper

According to The Wall Street Journal, Kiev has also asked Washington to lift restrictions on the use of US weapons against targets on Russian territory

Russian air defenses down four Hammer air bombs, two HARM missiles over Belgorod Region

Attack on targets in Russia was foiled between 12:20 and 12:30 p.m. Moscow time (9:20 to 9:30 a.m. GMT) on May 18

US directly responsible for emergence, escalation of Ukrainian crisis — Beijing

On May 16, US Department of State Deputy Spokesman Vedant Patel noted that China cannot improve relations with Europe, if it will support Russia at the same time, allegedly fueling the Russian military-industrial complex

New relations, successes of China's automobile industry: what Putin, Xi said in Beijing

According to the Russian leader, the partnership between Moscow and Beijing "will serve as a model of how ties between neighboring states should be built"

Lavrov believes Europe won’t be Russia’s partner for at least one generation

He made the remark in response after the idea was suggested by Dmitry Trenin, research director at the Institute of World Military Economy and Strategy

Energy infrastructure facility suffers damage in Ukraine’s Poltava Region

Ukrainian media outlets reported explosions in the city of Mirgorod

Slovakia’s Fico between life and death, it is loss for Slovakia, Hungary — Orban

The Hungarian prime minister believes that the upcoming months will be extremely important for the future of Europe in due to the upcoming European Parliament elections and the ongoing conflict in Ukraine

Ukrainian shelling leaves 12 injured in Kherson Region

The attack involved HIMARS rockets

Russian troops use latest Upyr FPV drones in Kharkov push

Russian troops employed the Upyr FPV drone for the first time in the special military operation in Ukraine in May 2023

Putin, Kazakh president discuss bilateral cooperation in phone call

Putin also shared his impressions from a visit to China with Tokayev

Press review: Day one of Putin's China visit and US stands by Ukraine

Top stories from the Russian press on Friday, May 17th

Starlink’s failure helps Russian army take Kiev forces by surprise in Kharkov Region — WP

In addition, Ukrainian forces were facing ammunition shortages due to a stalled US aid package

US, Iran enage in indirect talks on Middle East security — news outlet

According to Axios, the consultations were devoted to discussing the possible "consequences of Iran and its proxies" in the region, as well as "US concerns about Tehran's nuclear program"

Multipolar world a dominating issue at Kazan Forum — senator

"As long as the world is unipolar, this world will be extremely unstable, this world will continually generate threats," Konstantin Kosachev said

Kyrgyz security forces cordon off street in center of Bishkek where crowd gathers

According to the 24.kg news agency, about 1,000 people, who arrived there after the fight in the hostel, gathered behind the cordon

Chairman of Georgia’s ruling party blasts foreign ministers for speaking at protest

Garibashvili suggested that foreign diplomats feel dismissive toward Georgia

Hungary vetoes Council of Europe resolution on Ukraine — top diplomat

Peter Szijjarto said he had asked the Council of Europe to include alternative peace plans to the resolution but that his proposal had been declined by a majority vote

Russian, Chinese scientists working on carbon footprint reduction — Putin

The Russian president noted that the program for creation of carbon polygons that already exist in Russia, is being implemented together with Chinese partners

Russia-China relations surpass classical alliances of past era — Lavrov

Talks with President Xi Jinping, meeting with other representatives of the Chinese leadership reaffirmed that our relations of comprehensive partnership, strategic interaction surpass in their quality the traditional interstate alliances of the past era and continue to play a key role in maintaining international security and balanced world development," the minister said at the 32nd Assembly of the Council on Foreign and Defense Policy.

London blacklists two Russian companies, one firm from North Korea

The restrictions were imposed on Vostochnaya Stevedoring Co LLC and Toplivo Bunkering Company, as well as North Korean Paekyangsan Shipping Company

Russia, Iran working to create single BRICS currency — Iranian ambassador

Kazem Jalali pointed out that the United States uses the dollar to create restrictions, and therefore the use of national currencies in mutual settlements is on the agenda

Different routes for Power of Siberia 2 under discussion, including through NSR — Putin

"You can 'bribe' the tanker fleet and arrange [supplies] along the Northern Sea Route almost like through the pipeline," the Russian leader

Over 500 military, special vehicles commissioned to Russia’s Central Military District

According to the press office, the commissioned vehicles made it possible to complete equipment of seven motorized infantry and tank units

Over 10,000 Ukrainian fighters surrender since summer using special radio frequency

According to the source, the radio frequency operates in all directions of the line of engagement in the special military operation zone

Slovakia’s PM Fico still in intensive care — TV

According to the report, Robert Fico is in stable but still serious condition

Ukrainian troops leave most positions in Netailovo near Avdeyevka, says DPR

It is reported that the Ukrainian military had been unsuccessfully trying to bring in reserves to hold the defense

Russian troops deliver 28 precision strikes on Ukrainian military sites over week

Russian forces advanced to better positions and inflicted casualties on 18 Ukrainian army brigades in the Kupyansk area over the week, the Defense Ministry reported

Ukrainian army’s logistics centers hit in Odessa Region

Russian Northern Fleet’s naval group embarks on long-distance deployment

"The naval group’s ships have set their course towards the Atlantic Ocean through designated areas of the Barents Sea," the press office said

Russia ready for talks with Ukraine, but needs to know who is trustworthy there — Putin

The Russian leader stressed that it was politicians in Kiev who "withdrew from the negotiation process" as soon as troops were pulled back from Kiev

Patriot supplies unlikely to impact Russia’s plans to liberate Kharkov, expert says

According to Roman Shkurlatov, two Patriot systems will not make Kharkov safe

Another five Chinese brands to enter Russian market in 2024

"By the end of the year the number of new Chinese brands may reach 10," analysts said

Qatar to focus efforts on partnership with Russia on North-South project — envoy

The North-South project is also important for many countries of the region, Ahmed bin Nasser bin Jassim Al-Thani added

Taiwan records approach of 18 Chinese aircraft, four warships

Taiwan's army responded by deploying aircraft, ships and land-based anti-aircraft missile systems to monitor the targets

Finnish president says Helsinki doesn’t ask for hosting NATO nuclear weapons on its soil

Alexander Stubb pointed out that after joining the North Atlantic Alliance, Finland wants to play a meaningful role in it

Commander-in-chief warns Russian troops can circumvent Ukrainian forces in Kharkov Region

Kiev acknowledges that the situation in the Kharkov Region is extremely difficult for the Ukrainian troops

Diplomat warns about response to EU ban on broadcasting of Russian media outlets

According to the Russian diplomat, the EU decision is based "solely on political motives."

Renowned musician expects West to continue canceling Russian culture

In this regard, Russian musician and conductor Vladimir Spivakov pointed out that he had been dismissed as artistic director of the International Colmar Music Festival in France, which he had been leading since 1989

Australia announces another package of anti-Russia sanctions

"Australia condemns, in the strongest possible terms, North Korea’s illegal export and Russia’s procurement and use of North Korean ballistic missiles," the statement reads

Russian troops advance towards Borovaya in eastern Kharkov region — official

Vitaly Ganchev added that as of today, more than 200 square kilometers of the region had been liberated from the Ukrainian armed forces

Confiscation of Russian assets by Estonia for transfer to Ukraine is theft — MFA

Deputy Foreign Minister Alexander Pankin stressed that Russia considers this "a violation of international law"

European Council suspends broadcasting activity of four Russian media outlets

According to the Council, this ban does not apply to any activities other than broadcasting

Russian troops destroy 600 combat aircraft in Ukraine operation — top brass

The Ukrainian army lost over 520 troops in battles with Russian forces in the Donetsk area over the past day, Russia’s Defense Ministry reported

Dedollarization of Russia-China trade will continue — Kremlin

Dmitry Peskov also highly praised the cooperation between the regions of Russia and the provinces of China and emphasized its contribution to the development of the Russian territories bordering China

Russian court seizes Deutsche Bank’s assets under RusChemAlliance’s claims

According to the files of arbitration cases, the court has partially upheld RusChemAlliance’s claim for interim measures against Deutsche Bank

Gazprom delivering 42.4 mln cubic meters of gas to Europe through Ukraine via Sudzha

The transit line through Ukraine remains the only route for Russian gas supplies to western and central European countries

Russia warns US, EU, Kiev they are playing with fire — MFA about Ukrainian strikes

Maria Zakharova pointed out that behind these barbaric attacks with Western weapons the silhouettes of US and British handlers of Ukrainian President Vladimir Zelensky's were clearly visible

Russian servicemen seize British FV104 Samaritan armored ambulance — top brass

"The vehicle has already been repaired and is being prepared to be added to the collection of foreign trophy weapons," the Russian Defense Ministry said

US fight against terrorism increases terrorist threat, North Korean diplomat says

According to the diplomat, Pyongyang and Washington are "in completely hostile relations," so "there are no areas where cooperation could be discussed"

Fico’s bodyguards saved his life — Slovakia’s Interior Minister

"The prime minister’s personal protection group acted absolutely properly amid a rapidly developing emergency situation," Matus Sutaj-Estok underlined

Russia, China warn US, NATO against setting up military infrastructure in Afghanistan

The leaders of Russia and China also expressed their intention "to boost Afghanistan-related partner interaction both at the bilateral level and on multilateral platforms"

West should assess risks of Russia's response to asset confiscation — Foreign Ministry

Russian Deputy Foreign Minister Alexander Pankin noted that retaliatory measures "can be both symmetrical and asymmetrical in a variety of instruments, including legal, financial, and administrative"

Expert sees attack on Slovak PM as challenge to all opponents of war in Ukraine

Adnan Sayed Hussein points out that the attack came at a time when a large batch of weapons is being prepared to be sent to Ukraine and discussions are underway on increasing military assistance to Kiev to $100 bln

Strategic role of North Korean nuclear forces to increase by 2025 — Kim Jong Un

The North Korean leader also pointed to "the need to build an overwhelming nuclear war deterrent in response to the security situation caused by the enemies' reckless intrigues"

Russian air defenses down Ukrainian drone over Crimea

The Kiev regime’s attempt to use a fixed-wing drone to carry out a terrorist attack on targets in Russia was foiled, Russian Defense Ministry said in a statement

Russia to take response measures amid nuclear threats — senior diplomat

"Yet this vagueness has always been typical of the Western group’s doctrinal approaches, including nuclear weapons," Sergey Ryabkov noted

Tanzania-flagged ships sinks in Black Sea

The ship sank 26 nautical miles from the Romanian town of Sfantu Gheorghe

Expert says ‘sanitary zone’ in Ukraine should be 300 kilometers deep

it should be enough to make sure that US, French and British-made long-range weapons don’t reach Russia, including the country’s new regions, Igor Korotchenko, editor-in-chief of Russia’s National Defense magazine told TASS

Putin, Xi Jinping discussed China’s security proposal, Lavrov says

Russian Foreign Minister said that there is great rationale for the practical advancement of the idea of ensuring global security to begin with the formation of the foundations of Eurasian security without any Euro-Atlantic overlay

Putin’s visit reveals futility of US’ attempts to exert pressure on China — Indian expert

Melkulangara Bhadrakumar added that closer relations with China will "strengthen Russia's position and become a stepping through for major events"

Afghanistan to expand range of goods exported to Russia — deputy PM Overchuk

"We are interested in Afghan exports of agriculture products to our market," Alexey Overchuk said

Battlegroup North liberates settlement of Staritsa — Russian Defense Ministry

Russian air defenses down 37 drones, Tochka U missile, 21 HIMARS, Vampire, Olkha rockets in past day, Russia’s Defense Ministry reported

Russia has no plans today to seize Kharkov, says Putin

The current Kiev regime is to blame for ongoing battles in the Kharkov direction, the Russian leader stressed

Russia, Iran turn US sanctions into new possibilities — senior Iranian diplomat

"It is impossible to build peace in the region without close economic ties," Ali Bagheri Kani said

French army train unit of ‘super covert’ scouts in Estonia — radio

This "experimental unit of super covert scouts" is designed to identify enemy strongholds, locate entrances to trenches, and coordinate assault teams to capture them, the RTL reported

Putin-Xi talks were very successful, Kremlin aide says

The environment was very friendly and the leaders were in a good mood, Kremlin Aide Yury Ushakov told TV journalist.

Russia remains open to security dialogue with West but only on equal terms — Lavrov

Lavrov pointed out that those issues should be considered in their entirety

Putin holds meeting on floods, wildfires

He said while flooding is not over yet, there are also fires or fire-hazardous situations in some regions

Crowd gathered in central Bishkek agrees to disperse after talks with top police officer

The meeting was held in a generally calm atmosphere, the 24.kg news agency reported

'Sanitary zone' near Kharkov and talks on Ukraine: What Putin told the media in Harbin

Even though Vladimir Putin’s visit to China was a state one, "it was a purely working trip"

US sanctions against Russia 'terrible stupidity' — Putin

"This situation, when one country dictates its will to the rest of the world, including in the political sphere, using financial and economic instruments, is unacceptable," the Russian president stressed

Ukrainian drone attack kills civilian in Russia’s Kursk Region — acting governor

One employee died of injuries, Alexey Smirnov said

Ukrainian troops preparing for defense in northeastern Sumy Region, says top commander

Ukraine’s Commander-in-Chief Alexander Syrsky said that he "inspected all the units"