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Key rate may grow further, VTB chief says

Representatives of the Central Bank have already stated that, CEO of VTB Bank Andrey Kostin said

CEO of VTB Bank Andrey Kostin Mikhail Klimentyev/Russian Presidential Press and Information Office/TASS

CEO of VTB Bank Andrey Kostin

© Mikhail Klimentyev/Russian Presidential Press and Information Office/TASS

VLADIVOSTOK, September 11. /TASS/. The Bank of Russia may continue raising the key rate, CEO of VTB Bank Andrey Kostin said in an interview with RBC news outlet on the verge of the Eastern Economic Forum.

"The [key] rate increase should not be ruled out. Representatives of the Central Bank have already stated that," Kostin said.

The next meeting of the Board of Directors of the Bank of Russia will be held on September 15. The Central Bank made the decision at the extraordinary Board meeting on August 15 to raise the key rate from 8.5% to 12%.

INTERVIEW: Ban on export of gasoline not to cause decline in its production — minister

The ban on export of gasoline from Russia has been extended from September 1 until the end of 2024

Iran’s mission to UN denies country supplies weapons to sides of conflict in Ukraine

The statement followed a report by the Wall Street Journal that alleged, citing unnamed US and European officials, that Iran supplied short-range ballistic missiles to Russia

Putin says Russia 'backs' Harris post-Biden exit

The Russian president joked that Harris’ "laughter is so expressive and contagious," that you can assume "she’s doing well"

West escalates situation in Ukraine, does not want a ceasefire — Iranian Ambassador

The ambassador stressed that "this is the West's approach not only to Ukraine".

Azerbaijan, Armenia agree on 80% of peace treaty’s wording — President Aliyev

"We are actively continuing negotiations, with almost 80% of the peace treaty paragraphs having been approved," the president noted

Three civilians wounded in Ukrainian shelling attack on borderline Belgorod Region

The governor added that two houses and four outbuildings caught fire after shells hit them

Syrsky to be fired over fallout from attack on Kursk Region, says Ukrainian politician

Ukraine’s former Interior Minister Yury Lutsenko said that the best Ukrainian units and equipment had been deployed to the Kursk Region

Ukraine runs out of money to pay its military — Rada committee

Roksolana Pidlasa clarified that the difficulties regarding the payments arose as the US did not provide military assistance to Kiev in the first quarter of 2024 due to delays in the approval of the relevant bill in Congress

Russia plans to create 90 nm lithography machine — minister

The first commercial specimen of the lithographic printer operating on the 350 nm topology already appeared this year

Putin congratulates city residents on Moscow City Day

The Russian President called Moscow a symbol and a reliable stronghold of Russian statehood

Miners’ power consumption in Russia above 2.5 GW — Bitriver

"Gray miners make connections to public utility networks using tariffs for households, which are not designed for the consumption profile characteristic for mining," the statement reads

Russian units expand offensive bridgehead in DPR over week

According to the report, the Russian forces liberated several residential areas in the region

BRICS countries may present instruments for mutual settlements at summit in Kazan

The key principles in designing the new financial system are decentralization of international interaction and the use of digital technologies, Andrey Mikhailishin said

Press review: Mongolia shoves Putin's arrest warrant and big deals abound at EEF

Top stories from the Russian press on Wednesday, September 4th

UK to extend training program for Ukrainian soldiers in 2025

Defense Secretary John Healey said that since early 2022, as many as 45,000 Ukrainian personnel have been trained under Operation Interflex, which provided them with "the vital skills they need to defend their nation"

Author of "My Heart Will Go On" hit dies in US

He had been in declining health for the past 5-6 years

EAEU, SCO, BRICS can become backbone of global economic regulatory system

According to him, it is necessary to remove existing legislative barriers, primarily in the area of taxation and currency control

Russian forces use drones in road mining to wipe out enemy vehicles — businessman

According to Alexey Chadayev, the new method has an advantage in that a mining device can be produced directly at the site of combat

Putin slams Germany's refusal to turn on Nord Stream 2 as lunacy, nonsense

If Nord Stream 2 is brought back online, 27.5 bln cubic meters of gas would immediately go to Europe, the Russian leader stressed

Ukraine may receive about 2 million FPV-drones by year-end — expert

"According to open sources, in 2023, about 40 billion rubles was allocated to finance the Ukrainian project Drone Army," a representative of the Center for Unmanned Competences said

Ukrainian forces daily send troops to Kursk area, suffering losses — commander

In particular, three Baba Yaga drones and three mortars were destroyed during the day

Voter turnout at gubernatorial election in Kursk Region nears 47%

As many as 55,040 people took part in the voting online

Russia says its Grad MLRS destroys Ukrainian positions near border in Kursk Region

The ministry said that, in cooperation with forward reconnaissance teams and unmanned aircraft, Grad crews strike enemy locations, strongholds and observation posts

US, Europe working on substitutes for S-300 system, R-27 missile — Pentagon chief

Earlier, Western media outlets reported that Ukraine had failed to fully replace Soviet-made S-300 missile systems with Western-manufactured ones

Kiev reiterates hopes for Moscow’s attendance of second peace conference

"It is very difficult to end this war diplomatically without the Russian side," Ukrainian President Vladimir Zelensky said

Kiev seeks lifting of restrictions on strikes on Russia amid dire battlefield situation

However, according to Maria Zakharova, this will turn out to be "a plan of trouble" for Kiev rather than "a plan of victory"

Press review: Putin goes to Mongolia and Berlin gives Kiev free run to use its weapons

Top stories from the Russian press on Tuesday, September 3rd

Passenger left note about bomb onboard Indian plane landed in Turkey in plane’s restroom

No attempt to identify the man that left the note has been made so far, it will be done later, Governor of the Turkish province of Erzurum said

Russian forces advance in some areas in Kursk direction, senior commander says

According to Apty Alaudinov, while there has been "heavy fighting since this morning," Russian forces "have been gradually eliminating the enemy, driving them out, while pressing forward"

Sanctions became 'a discipline in political sports' for US — Russian diplomat

"Notably, more and more often attempts are being made to put pressure not only on Russia, but on third countries as well," Anatoly Antonov said

Putin calls West's policy to ban Russia from dollar settlements ‘stupid’

The head of state noted that in this situation, Russia and its friendly countries are switching to national currencies in their mutual settlements

Russia already won special military op — army official

"Our next task is to do everything possible to ensure that we remain a united family ready for future challenges," Apty Alaudinov said

Trump puzzled by Putin’s ironic comment about supporting Harris

Puyin said ironically that after incumbent US President Joe Biden "had been withdrawn" from the presidential race, Moscow came "to back" his successor Kamala Harris

Russia to allocate $1.9 bln for purchases of currency, gold from September 6 to October 4

Daily volume of purchase of foreign currency and gold will equal 8.2 bln rubles

More than 500,000 Israelis protesting in Tel Aviv — organizers

Similar protests took place in Jerusalem, Haifa, Kfar Sava, Be'er Sheva, Netanya, Rehovot and Rishon LeZion

Kremlin spokesman denies Russia meddles in US elections

"This is not the first time that Russia has been blamed for interfering into America’s elections," Dmitry Peskov told

Landing humans on Mars needs international collaboration — former NASA chief

However, the former chief of the US space agency was skeptical about the prospect of a private company’s capability of sending humans to Mars alone

Russian forces wipe out Ukrainian training center with NATO instructors in Poltava

Vladimir Saldo stressed that the military bloc is providing both financial and administrative support for the operation of such centers

French war correspondent says country had hand in planning attack on Kursk

It is reported that France strategically calls its military specialists in Ukraine mercenaries to avoid responsibility

Former NASA chief hopes for US-Russia-China cooperation in outer space

"I'm one of these guys, it's kind of odd, my hope is that at some point we'll reach out and bring the Chinese into the collaboration, the partners in space flight," the former chief of the US space agency said

Houthis down US MQ-9 Reaper drone — rebel representative

This is the eighth drone of the US air forces of this type downed by the rebels over the airspace of Yemen since the start of escalation

Starliner undocks from ISS, returns to Earth without crew

The undocking occurred at 6:04 p.m. US East Coast time on Friday

IAEA intends to increase cooperation with Russia

"I hope everybody understands the work of the IAEA, the technical basis of what we do, and our un-relentless compromise with nuclear safety," Director General Rafael Grossi stressed

Putin didn’t pass along new information about potential unrest, Kremlin spokesman says

"We continue to have regular communication at various levels, including in very, very sensitive areas," Dmitry Peskov noted

Trump says he was offended by Putin’s ironic remark about endorsing Harris

Earlier, the Russian leader said ironically that after incumbent US President Joe Biden "had been withdrawn" from the presidential race, Moscow came "to back" his successor Kamala Harris

Over 100,000 people take to streets in France protesting against Macron’s policy

Apart from Paris, massive rallies took place in Nantes, Nice, Marseille, Rennes and other major cities

North Korea sending trash balloons to South Korea for the second day

On Wednesday evening, Pyongyang launched nearly 420 trash balloons

Striking Ukrainian reserves: situation in Kursk Region

Over the day, the Ukrainian military lost up to 370 servicemen and 17 armored vehicles

Russian Air Defense shoots down 4 HIMARS MLRS missiles, 3 Hammer bombs, 30 Ukrainian UAVs

The Russian Defense Ministry added that since the beginning of the special military operation, Russian troops have destroyed 17,953 tanks and other armored combat vehicles, 14,226 field artillery pieces and mortars, and 25,766 special military vehicles

Kiev’s allies worried Ukraine could be pushed out of Kursk border area in a few months

Bloomberg reported that Ukrainian President Vladimir Zelensky said that Kiev could use the situation in the Kursk Region "as a bargaining chip in talks"

EU officials focus on serving US energy interests, Russian diplomat says

Maria Zakharova noted that the EU distorted facts and spread direct disinformation to portray Russia as an unreliable energy supplier

Russia offers safe haven for people trying to escape Western liberal ideals

Under the document, such foreign nationals will have the right to apply for temporary residence in Russia "outside the quota approved by the Russian government and without providing documents confirming their knowledge of the Russian language, Russian history and basic laws"

Fire area in Chernobyl exclusion zone in Ukraine exceeds 2,600 hectares

The radiation background in the area is normal, with critical infrastructure facilities not at threat

Response to mpox requires $290 mln over six months — WHO

"The strategy, plan and resource requirement will be reviewed and adjusted quarterly," the organization said

Ukrainian army loses 444,000 troops during military operation — Shoigu

According to the Russian defense minister, the liberation of several residential settlements in Donbass, disclosed Kiev attempts to prevent the collapse of the front

US allocates new $250 million military aid package to Ukraine — Pentagon

According to the statement, the package includes RIM-7 missiles and air defense support, ammunition for HIMARS multiple rocket launchers, artillery shells of 155 mm and 105 mm caliber, Stinger MANPADS, Javelin and AT-4 anti-armor systems

China interested in cooperation with Russian technology companies

"China also has its own experience in creating technology parks built with private investment," lawmaker Alexey Govyrin said, adding that "this experience is also very useful" for Russia

Russian army's sacred duty, gas transit, dollar: Putin addresses EEF plenary session

It is reported that attacking the Kursk Region and other border areas, Ukraine wanted to distract Russia from its offensive in Donbass

Ukraine’s 80th Brigade mopped up Kursk Region villages — captured solder says

Oleg Ivanenko surrendered to the Akhmat special forces on August 16

US cannot confirm downing of MQ-9 Reaper drone by Houthis

The movement’s military spokesman Yahya Saree said earlier that a US MQ-9 drone had been downed when it was carrying out hostile actions over the airspace of the Marib province

Final day of regional, municipal elections starts in Russia

Residents of 25 Russian regions will have an opportunity to cast their ballot in an online vote

Conflict in Ukraine to be settled through talks — Pentagon chief

"We are going continue to work to put Ukraine in the best possible position" for peace talks, Lloyd Austin pledged

Foreign aid to Ukraine a money laundering scheme, head of Chechnya says

Ramzan Kadyrov noted that there is no need to worry about hostilities currently happening on Russian territory

Scholz wants to know who is behind Nord Stream blasts — government spokesman

According to Steffen Hebestreit, the topic of the Nord Steams act of sabotage is still on the agenda, including in contacts with Kiev

Turkey's entry into BRICS will encourage other countries to join association — expert

It is reported that Turkey's corresponding decision stems from its intention to enhance its status in the changing geopolitical order amid the world’s irreversible drift to multipolarity

INTERVIEW: Russia to address issue of efficient use of ports for energy export

Currently, in Russia, only 50-60% of the port capacity for energy exports is used

Procedure to enter Russia for foreigners not sharing Western values simplified

Such visitors will be issued three-month visas based on the decision by the head of a Russian diplomatic mission or a consulate

Oil market still underestimates OPEC+ actions and geopolitical risks — experts

Finam analyst Nikolay Dudchenko noted that yesterday’s OPEC+ decision demonstrates the cartel’s readiness to continue controlling the situation on the oil market

Ukrainian losses: situation in Kursk Region

According to the report, the Russian military repelled two attacks by enemy assault groups towards Matveyevka and Olgovka, and foiled Ukrainian attempts to attack three settlements

Lavrov slams as blackmail Kiev's demands for letting it use Storm Shadow against Russia

The Russian top diplomat warned that the West was playing with fire whenever it started discussions on this topic

Ukraine loses over 600 men after Russian attack on Poltava military school — politician

Igor Mosiychuk noted that the blame for what happened lies mainly with the Ukrainian military authorities, who allowed such a large number of servicemen to gather in one place

Russian government orders to set up embassy in Dominican Republic

According to the order, the Russian Foreign Ministry is to determine the number of the embassy staff and to endorse the schedule

Russia becomes largest economy in Europe, 'being right in hot pursuit of Japan' — aide

Maxim Oreshkin stressed that the gradual loss of all these elements leads to long-term stagnation of the European economy

There should be less talk about militarization of space, says former NASA chief

According to Charles Bolden, he felt that his job was to to maintain peace

Ukrainian mass resignations speak of Kiev's transition to full dictatorship — envoy

Rodion Miroshnik emphasized that many deputies, even from the President's Servant of the People party, are no longer willing to follow the instructions of the President's Office

German-made Leopard tanks prove inefficient on battlefield, says DPR

According to Yan Gagin, Ukrainian servicemen perish both in operations as Leopard 2 crews and in attempts to evacuate the armor from the battlefield

Russian missile cruiser Varyag enters Mediterranean Sea

The ship's crew continues to fulfill the mission it was given for the long-range voyage

Serbia sees how high Putin values it — deputy PM

The deputy prime minister pointed out that the presence of high-ranking officials at the meeting was meaningful for Serbia

Medvedev touts Russia as global leader in drone warfare thanks to special op

The Russian Security Council deputy chairman pointed out that no one could have imagined that drone usage would become so widespread before the special military operation

Ukraine’s troops cling to outskirts of Krasnogorovka, sustain daily losses — DPR head

Denis Pushilin said Russian soldiers were very resourceful in selecting methods and tactics of liberating the city, as well as rescuing the local population

Paris sees 26,000 people take to streets protesting against Macron’s policy — prefecture

Against this backdrop, Jean-Luc Melenchon, founder of the leftist France Unbowed party, said about the onset of the "right of the strongest" in France and called on supporters for a "long-term struggle" against Macron’s policy

Lavrov begins talks with Swiss counterpart Cassis

The meeting, organized on Switzerland’s initiative, is currently under way at the UN headquarters in New York

Lavrov says his only meeting with Kuleba lacked constructiveness

The minister noted making an exception while visiting Antalya - there were no plans to participate in this diplomatic conference, because it did not fit into the schedule

Putin convinced Russia to keep boosting ties with Tajikistan

Putin pointed out that relations between the two countries are "making progress in the spirit of strategic partnership and alliance."

Durov declines Russian, Emirati diplomatic assistance — Politico

"The person concerned refused Russian consular protection and an Emirati consular visit but agreed that the Emirati embassy be kept up to date on his situation," the official said

Russian swimmer Zhdanov a two-time Paralympics winner in Paris

The Russian swimmer clocked 42.30 seconds

First Starships to Mars to launch in two years, Musk says

If those landings go well, then the first crewed flights to Mars will be in 4 years

Ukrainian ambassador’s visit to Yasukuni Shrine 'affronts' Asian peoples — Chinese daily

The newspaper also recommended Sergey Korsunsky not to forget about China's peacekeeping efforts to resolve the Ukrainian conflict

German fighter jets practice landings in Finland, 180 km from Russian border

The German Air Force told the newspaper that the German fighter jets had been practicing landings in Finland since September 4

Collapse of Operation Citadel 2.0

BRICS summit in Kazan to bring together leaders of important, powerful countries — Vucic

Vucic specified that during his conversation with Ambassador Botsan-Kharchenko, they touched upon economic cooperation issues, including "the construction of the Russian Railways’ dispatch center

Chernobyl would pale in comparison to strike on Kursk NPP — Rosatom chief

On August 8, fragments of downed Ukrainian projectiles were discovered on the premises of the Kursk NPP

Putin appreciates Brazil, India, China for trying to help resolve Ukraine crisis

Russia will always protect its interests and the interests of people in Ukraine who fight for their rights to speak Russian and for their traditions, the Russian leader emphasized

Iranian President plans to attend BRICS Summit in Kazan — Ambassador

There Masoud Pezeshkian plans to meet with Russian leader Vladimir Putin, Kazem Jalali said

Gazprom gas supplies to Europe through Ukraine reach 42.1 mln cubic meters

Earlier, Gazprom spokesman Sergey Kupriyanov said that the events in the Sudzha area of the Kursk region have already led to a sharp increase in the price of natural and liquefied gas

Russian Defense Ministry announces liberation of Kalinovo settlement in DPR

The Armed Forces of Ukraine lost up to 810 servicemen in the area of responsibility of Russia’s South battlegroup over the day

35 radicals eliminated, 45 detained by Israeli military in West Bank over past week

Dozens of weapons and explosive devices were seized and three laboratories manufacturing explosives were wiped out, the IDF said

Kremlin won’t help US 'decipher' Putin's remarks on Harris

Dmitry Peskov noted that unfortunately the issue of Russia is an integral part of the political struggle in the United States

Press review: Big bucks flow at EEF and Macron's PM pick has left talking impeachment

Top stories from the Russian press on Friday, September 6th

Russia to protect interests of people in Ukraine defending rights to speak Russian — Putin

The Eastern Economic Forum is underway on the campus of the Far Eastern Federal University in Vladivostok on September 3-6, 2024

Friendly football match between Russia and Thailand canceled — source

The match was scheduled to take place on September 7, but was canceled due to bad weather