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2024Y is year of double-digit rates in economy — Central Bank

According to Central Bank chief Elvira Nabiullina, the regulator assumes its decisions will lead to the consistent decline of inflation

MOSCOW, October 27. /TASS/. The year of 2024 is "the year of double-digit rates" in the economy, Central Bank chief Elvira Nabiullina said at the press conference.

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Bank of Russia raises key rate once again by 2 pp to 15% per annum

"Our rates are high indeed now and the next year, according to our forecast, is the year of double-digit rates. We nevertheless assume our decisions we have made and are making will lead to the consistent decline of inflation - to our objective, and we will able to move then in the next year to key rate lowering. We forecast the average key rate of 7-9% in 2025. This is below double-digit values," the head of the regulator said.

Much will depend on development of the foreign economic situation, the labor market and inflation expectations, Nabiullina added.

The Bank of Russia increased the key rate to 15% per annum at the Board of Directors’ meeting earlier today.

Share of foreign investments in Russian sovereign Eurobonds down to 44% in Q3 — regulator

The total amount of Russian Eurobonds held by nonresidents dropped by $0.203 bln over the third quarter to $14.399 bln in terms of the par value

Press review: UK and French leaders discuss Ukraine as the dollar continues to climb

Top stories from the Russian press on Tuesday, November 12th

Erdogan praises Russia, China for backing arms embargo on Israel

According to the Turkish leader, Israel "will become more and more aggressive if arms and ammunition supplies continue"

Europeans seek Russia’s help in securing release of hostages held by Hamas — envoy

According to the latest updates from Israel, the Palestinian militant group is still holding 101 people hostage in Gaza

Hezbollah reports over 100 Israeli troops eliminated in south Lebanon since October 1

According to the Lebanon-based Shiite party, 1 000 more were wounded

France to hand over six Mirage 2000-5 jets to Ukraine — lawmaker

Frank Giletti asked to speed up the commissioning of previously ordered Rafale planes to the armed forces

Lavrov to lead Russia’s delegation to G20 summit in Brazil

Russian President Vladimir Putin said at a meeting with heads of BRICS media outlets that he will not be attending the G20 summit in Brazil, scheduled for November 18 and 19

FSB foils attempted terrorist attack on power station in Nizhny Tagil

It was revealed that the detainee had materials for producing an improvised explosive device and had been communicating with Ukrainian security services via Telegram

China puts army on alert in South China Sea

On November 10, China’s Ministry of Foreign Affairs lodged a protest with the Philippines after Manila implemented a maritime law asserting its exclusive right to tap resources in a 370-kilometer zone off the country’s coast

German chancellor against Kiev using Western weapons for attacks deep into Russia

Olaf Scholz once again stood firm on his decision not to supply Taurus long-range missiles to Ukraine

US hegemony ambitions led to global problems starting with Belgrade bombings — lawmaker

According to Vyacheslav Volodin, "it is very important to objectively assess the events that took place 25 years ago"

Ukrainian General Staff reports difficult situation along entire frontline

It also acknowledged the supremacy of the Russian army in equipment and personnel

Bulgarian president calls for using all diplomatic opportunities to end Ukraine conflict

According to Rumen Radev, Europe wants the conflict in Ukraine "to finish as soon as possible"

Dagestani deminer holds stronghold on his own for several weeks

According to the statement the enemy shelled Zakaria Aliyev almost daily but the Dagestani man’s spirit "turned out to be stronger than any weapon"

Ukraine retreating fast, delaying peace to result in lost territories — entrepreneur

"The simplest path to peace in Ukraine is to go back to the draft deal signed in Istanbul," David Sacks said

Ukrainian forces ready to withdraw from Kurakhovo, but no order yet — serviceman

According to the report, the Russian army is "attacking from three sides"

Kiev should sign peace treaty, but this will spell end of grift for many, billionaire says

"The longer the war goes on, the more territory Ukraine will lose," David Sacks added

What is known about Sevastopol car blast

Sevastopol Governor Mikhail Razvozhayev did not rule out the possibility that the incident was the result of sabotage

Freezing conflict will only allow Ukraine to rearm itself, fight Russia anew, says expert

Ruslan Kalinchuk noted that Russia "will not negotiate on Donbass and Novorossia," while Vladimir Zelensky will not do any deals unless Russia makes concessions because "he would immediately be ousted in such an event"

Russia supports new UNSC draft resolution on Gaza — envoy

Russian Permanent Representative to the United Nations Vasily Nebenzya noted that Resolution 2735 was only a tool to gain time for Israel

US delivers strikes on infrastructure of pro-Iranian militants in Syria — CENTCOM

According to the statement, the "strikes were in response to a rocket attack on US personnel at Patrol Base Shaddadi"

Medvedev suggests that Elon Musk launch campaign to amend US Constitution

Article II of the US Constitution stipulates that: "No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President"

Musk helping Trump choose top officials — media

According to the source, Donald Trump is tapping the best and brightest people to work with him, and he will encourage them to speak their mind

Ukraine aims to call up 1 mln people in eastern areas by end of 2024 — official

According to the plan, 360,000 people are to be mobilized in October; 325,000 and 300,000 in November and December, respectively

Ukrainian losses: situation in Kursk Region

Over the day, the enemy lost more than 450 troops, two tanks, three IFVs, two M113 armored personnel carriers, 33 armored combat vehicles, five artillery pieces, including a Krab self-propelled howitzer, a Crotale multiple rocket launcher, and 49 motor vehicles

Houthis say they attacked US aircraft carrier in Arabian Sea

According to the movement’s military spokesperson, the Houthis place responsibility for "turning the Red Sea into a zone of military tension" and the impact on navigation in the area on Washington and London

Russian PM to attend UN Climate Change Conference in Baku

The greater part of Mikhail Mishustin’s visit will be devoted to Russian-Azerbaijani ties

Ukraine moves medics, non-combat personnel to infantry to counter Russian advance

According to a Ukrainian army spokesperson, more medical personnel is being sent to the frontline, although pilots and military engineers "remain in their specialized positions"

Africa goes through second 'awakening,' now from neocolonial oppression — Lavrov

"Africa no longer agrees to remain a source of raw materials that are bought and exported mainly to the West," he said

German president approves date for snap parliamentary election

"Based on a current assessment," Steinmeier "considered February 23 as a realistic date for new elections," a presidential spokeswoman told journalists

Houthis attack two US destroyers — Pentagon

Earlier, the Houthi movement’s military spokesman Yahya Saree said that the rebels had delivered rocket and drone strikes on the aircraft carrier USS Abraham Lincoln in the Arabian Sea

Russia to ensure parity in response to US missile defense system in Poland — Kremlin

Dmitry Peskov emphasized that by placing the missile defense system in Poland, the United States is bringing its military infrastructure closer to Russia in an attempt to curb its potential

First S-550 air defense systems enter service in Russia — source

The source described the new system as "an absolutely new and unrivalled mobile system of strategic missile defense"

Extension of conflict not in Ukraine’s interest — analyst

According to Sean Bell, the West provided a "huge amount" of weapons to Ukraine, but that didn’t help the government in Kiev

Russian emergencies chief visits Cuba

The Russian Embassy in Cuba said on its Telegram channel that "the visit aims to strengthen Russian-Cuban cooperation in the sphere of alleviating the aftermath of natural disasters"

Russian forces strike Ukrainian military airfields, energy sites over past day

It is reported that the Ukrainian army’s losses in that frontline area over the past 24 hours amounted to 765 personnel, an armored personnel carrier, a motor vehicle and two 122mm D-30 howitzers

West attempted to prevent Russia-Africa ministerial meeting, diplomat says

African countries realized that "this pressure contradicts their own national interests", Russian Deputy Foreign Minister Mikhail Bogdanov said

Trump appoints Florida Rep. Mike Waltz National Security Advisor

A retired Army National Guard officer and war veteran, Mike Waltz is "a nationally recognized leader in National Security," Donald Trump said

Medvedev warns that EU behavior in struggle with Russia fraught with 'bad scenario'

According to the Russian Security Council Deputy Chairman, European leaders are experiencing "autumn blues" after Donald Trump's victory in the US presidential election

US State Department insists DPRK troops engaged in Russia’s borderline Kursk Region

Patel also insisted that "Russian forces have trained the DPRK soldiers in artillery, in UAV, and basic infantry operations, including trench clearing, which are critical skills for frontline operations"

Russia has written off $20 bln worth of African debts — MFA

Mikhail Bogdanov added that it allows using those debts "to implement socio-economic projects directly in the country"

FACTBOX: What we know about night-time drone attacks on Russian regions

Overnight, 29 Ukrainian fixed-wing drones were destroyed in the skies over the Kursk, Belgorod, Tver, Bryansk, Penza, and Voronezh regions, the Defense Ministry said

Japan remains ready to sign peace treaty with Russia — top diplomat

After Tokyo imposed anti-Russian sanctions over the situation in Ukraine, Russia halted consultations with Japan on a peace treaty

Hezbollah says it attacked Israeli airbases near Haifa, Tel Aviv

According to the statement, Hezbollah units also delivered a missile strike on Israel’s Tel Nof airbase located 27 kilometers south of Tel Aviv

Russia says its FPV drones disrupted Ukrainian troops rotation in Sumy Region

The ministry provided live-recording footage showing direct hits on Ukrainian military vehicles

Some 300 Germans eager to move to Russia’s Nizhny Novgorod Region — authorities

Among those who are ready to move are technical professionals in the metalworking industry

Russian engine maker unveils cutting-edge aircraft engine

"The state-of-the-art 177S engine for tactical aircraft boasts improved characteristics and is of the fifth generation class," the press service said

Over 1,000 dead seals found on Caspian coast in Kazakhstan

Director of the Institute of Hydrobiology and Ecology Mirgaliy Baimukanov noted that traces of injuries were found on some of the dead seals, but, according to the specialist, this is not enough to determine a cause of death

Press review: Trump forms foreign policy team and Europe sets course for militarization

Top stories from the Russian press on Wednesday, November 13th

Mi-171A3 helicopter draws interest from partners in China — Russian Helicopters

The helicopter can fly in harsh conditions, particularly those inside the Arctic Circle, where satellite communication coverage is poor

Russian Security Council secretary meets with senior Chinese official

The meeting involves consultations on security, justice and public order

Russia’s Rubikon unmanned technology center team destroys Ukrainian armor in Kursk area

"The video shows a team of the Russian Defense Ministry’s Testing Center of Advanced Unmanned Technologies destroying Ukrainian armor by an FPV drone in the Kursk area," the ministry said

Explosion of Kurakhovo reservoir dam disrupts water supply

Roman Pukalov noted that the blast killed many fish in the reservoir, washed away fertile soil, and inundated potentially hazardous sites, including cemeteries, cattle burial grounds, and fertilizer depots

Trump to end NATO’s obsession to get on Russian territory — White House ex-strategist

Steve Bannon noted that Trump’s MAGA (Make America Great Again) movement seeks to completely cut funding to Ukraine. According to Bannon, Europe, including Italy, will follow Trump’s lead, and, if "they [Europe and Italy] truly believe what they have been saying in recent years, they should be ready to pay"

Ukraine's Kurakhovo Reservoir dam blast to help, not hurt Russian troops — expert

At least ten Ukrainian troops were killed

Russian forces gain foothold near Kupyansk as Kiev begins to retreat

Earlier, Russian President Vladimir Putin noted two significant blockages of Ukrainian troops near Kupyansk, involving more than 15,000 military personnel

Police say Russian-made drone without explosives fell down in Moldovan territory

On the same day, the Moldovan foreign ministry accused Russia of violating its air boundaries, slamming this incident as an "unfriendly step"

Breakthrough near Krasnoarmeysk could enable Russian push toward the Dnieper — expert

Markus Reisner noted that many of the Ukrainian units on this section of the frontline are understaffed by 50%

Africa to become advanced continent, Russian diplomat says

The continent’s development processes are gaining momentum, Mikhail Bogdanov noted

Two US military bases in Syria come under missiles attacks — TV

According to tAl Mayadeen, at least two attacks targeted a military facility near the Conico gas field in the Deir ez-Zor governorate in a span of one hour

Russia supports Mali's appeal to UN Security Council on Kiev's actions — MFA

In August, Burkina Faso, Mali and Niger sent a letter to the chairman of the UN Security Council condemning Ukraine's open support of international terrorism, particularly in the Sahel region

Russian troops liberate Rovnopol community in Donbass region over past day

Russia’s Battlegroup North destroyed an UAV (unmanned aerial vehicle) production workshop of the Ukrainian army and inflicted roughly 110 casualties on enemy troops in its area of responsibility in the Kharkov Region over the past day

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

Trump 'demonstrates affinity' for Russian President Vladimir Putin — newspaper

Former Trump advisers have already backed his idea of cutting aid to Ukraine to force Kiev into talks with Russia, according to The Hill

Czech intelligence warns of crime surge after Ukraine conflict ends

More than 380,000 people, mostly women and children, have fled Ukraine to the Czech Republic since February 24, 2022

Kiev wants to mobilize 160,000 people to survive until Trump's inauguration — MP

According to Alexander Dubinsky, the authorities in Kiev are primarily focused on securing more of the funds allocated to them

Chancellor Scholz opposes assistance to Ukraine at expense of Germany’s future

According to the German chancellor, Berlin’s assistance to Kiev should not affect the retirement benefits of German citizens

Detentions, blocking of roads: what is known about situation in Abkhazia

The prosecutor general stated that following the incident, four Abkhazian residents were detained: Garry Kokaya, Almaskhan Ardzinba, Omar Smur, and Ramaz Dzhopya

Combat experience distinguishes Su-57 among fifth-generation fighters

The Russian Defense Ministry said it excellently performed in combat

Ukraine imposes sanctions on maintenance services of two Moscow airports

The decree, which lists a total of 63 legal entities, sets the restrictions for a period of 10 years

Russia demonstrates Il-76MD-90A(E) airlifter to 11 foreign customers this year

The latest modification is distinguished by new equipment, including a glass cockpit, modern PS-90A-76 engines, a modified wing and reinforced chassis

Trump's planned key appointments

Trump appointed Congressman Michael Waltz (Republican, Florida) as national security adviser

Russian politician condemns destruction of dam on Kurakhovo reservoir as Kiev’s terror act

Earlier, military sources told TASS that Ukrainian forces sank their own positions in a low-lying area near Kurakhovo as they blew up the dam, killing at least 10 Ukrainian soldiers

Russia to open embassies in several African countries — MFA

In some African states, such as South Sudan, for example, the Russian side reached an agreement at some point to open an embassy, though "it has not been done for a variety of reasons," Mikhail Bogdanov noted

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"

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

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

Senior Russian diplomat doubts Trump knows exactly how to end war in Middle East

Trump claimed during his election campaign that, if elected US president, he would be able to end chaos in the Middle East

African countries interested in joining work in BRICS format — Russian MFA

The first ministerial conference of the Russia-Africa Partnership Forum was held on November 9-10 in the Sirius Federal Territory on Russia’s Black Sea coast

Ukraine offers up to 750,000 dollars to Russian pilot for hijacking helicopter — TV

The correspondent also reported that the Ukrainian intelligence officer obtained the phone number of the pilot's wife and persuaded her to leave Russia before the helicopter was hijacked

Russian advances, Ukrainian losses: situation in Kursk Region

Units of Russia’s Battlegroup North have continued their offensive, defeating Ukrainian formations near several settlements in the Kursk Region

Ukraine issue gets more attention at UN after Trump’s election win — Russian diplomat

"People started actively commenting behind the scenes, making forecasts about where things could go now," Dmitry Polyansky noted

Countries will line up for Russian gas when US stops exporting LNG — Serbian president

According to Aleksandar Vucic, Washington will use LNG "for the growing consumption of artificial intelligence, electric charging stations and everything else"

Ukraine’s troops south of Kurakhovo caught in pincers — military sources

Small groups of Ukrainian soldiers have been trying to leave the communities, but all roads are under the Russian army’s fire

Baltic Sea will never turn into 'NATO lake' — Russian MFA

Maria Zakharova emphasized that the Baltic Sea "will always be a common space for all of the region’s countries without exception"

Ukrainian losses, Sudzhansky district head retirement: situation in Kursk Region

Units of the battlegroup continued offensive operations, defeating Ukrainian formations in the areas of the settlements of Daryino, Leonidovo, Malaya Loknya, Nikolayevo-Daryino and Novoivanovka

Russian senator slams candidate for German chancellorship’s remarks as irresponsible

Konstantin Kosachev also emphasized that talking to Russia in the language of ultimatums "is not only counterproductive, but also short-sighted, especially for Germany"

Russian lower house passes third reading of bill banning child-free propaganda

The legislation stipulates preventing the distribution of information promoting voluntary childlessness online, through the media, movies and advertisements

Moldova expresses displeasure about Georgian prime minister’s comments

Earlier, Georgian Prime Minister Irakli Kobakhidze told reporters "gross violations" were committed during the presidential election in Moldova, but the country’s authorities were not investigating them

Russia keeps building defense capacity despite conflict in Ukraine — Polish general

According to Wieslaw Kukula, if the conflict in Ukraine ends soon, Russia will be able to build up its defense capacity to the point that it could take on all of NATO

West to face 'devastating' response if it allows Kiev to strike deep into Russia — MFA

According to Maria Zakharova, Ukrainian social media accounts are meanwhile speculating that the Zelensky regime plans to present the received Western missiles as Ukrainian, changing the labels to use the weapons to attack Russia

Russia set to deepen cooperation with China in law enforcement — top security official

Russia is seeking to consolidate efforts toward fighting extremism, terrorism and transnational crime both bilaterally and multilaterally, Sergey Shoigu specified

US plans to remove 'arrogant' Zelensky and stage 2025 elections in Ukraine — SVR

"At the initial stage, it is planned to encourage entities within the Ukrainian civil society under their control, through US 'democratization' foundations and think tanks, to come up with a corresponding initiative," the statement reads

DPR head Pushilin visits Ugledar, says town badly destroyed

Denis Pushilin added that "it is almost impossible to find an undamaged building"

US military strikes car carrying Houthi rebel leaders — TV

According to the source, the US also carried out strikes at Houthi military targets in this area

Medvedev characterizes Great Britain as eternal adversary of Russia

"At least until such time as their arrogant, despicably dank island sinks into the abyss of the sea from a wave triggered by a cutting-edge Russian weapons system," the politician said

Amount of Russian assets frozen in Switzerland unchanged since August — agency

"The total amount of the Russian central bank’s assets immobilized in Switzerland is CHF 7.24 billion," said a spokeswoman for the Swiss State Secretariat for Economic Affairs

More countries understand reasons for conflict in Ukraine didn’t arise overnight — Lavrov

Russia’s top diplomat pointed to many years of efforts in Ukraine to eradicate the Russian language in education, news media and culture, and to the recent law that bans the canonical Ukrainian Orthodox Church

Russian troops secure supply route to Plekhovo in Kursk Region — commander

It is reported that fighting in the settlement itself is taking place at the moment

Not all Republicans support Trump in refusing further military aid to Kiev — newspaper

According to the news outlet, Congressman Mike Waltz, who is being considered by Trump for the post of national security adviser, is in favor of lifting restrictions on the use of Western long-range missiles to attack Russia

Climate policy should be based on common sense, not ideology — Orban

The Hungarian prime minister noted that the problem of climate preservation held a prominent place in the Budapest Declaration on the New European Competitiveness

US to continue arms supplies to Israel — news portal

According to Axios, "some of Blinken's senior aides and senior White House officials thought the ultimatum was effective and pushed Israel to change course"