{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

Regulator calls companies’, citizens’ savings main source of Russian banks’ yuan assets

"Domestic savings of Russian companies and citizens may be the main source of funding of yuan assets of Russian banks," according to the review

MOSCOW, May 24. /TASS/. Domestic savings of Russian companies and citizens may be the main source of funding of Russian banks’ yuan assets, the Central Bank said in a review on financial stability.

"Due to exchange restrictions in China and the risks of secondary sanctions the banks of Mainland China cannot fulfill the functions of providers of yuan liquidity. Domestic savings of Russian companies and citizens may be the main source of funding of yuan assets of Russian banks," according to the review.

"Overall amid the current geopolitical conditions the level of foreign currency predominance in the Russian banking sector will most likely decrease," the regulator noted.

Tags

Central Bank of Russia

Unfreezing of Russian assets tied to peace process, support for Ukraine — Meloni

The G7 said in the joint statement that Moscow should pay Ukraine for damage, which the World Bank estimates at $486 billion

Kiev uses army as cannon fodder in attempts to straighten frontline near Kharkov — expert

Andrey Marochko also said that in Volchansk and Liptsy "the situation is very complicated," as the enemy is constantly moving manpower and military equipment there

Three settlements in Belgorod Region attacked by Ukrainian drones — governor

A munition dropped from a drone on the village of Vyazovoye broke windows in a single-family house

Unfreezing of Russian assets tied to peace process, support for Ukraine — Meloni

The G7 said in the joint statement that Moscow should pay Ukraine for damage, which the World Bank estimates at $486 billion

NATO holds consultations on putting nuclear weapons on alert — chief

Jen Stoltenberg refused to go into operational details about how many nuclear warheads should be operational and which should be stores

Resolutions of conference on Ukraine senseless without Russia — lawmaker

The conference in Switzerland has predictably failed, said Russian lawmaker

Final document of conference in Burgenstock backed by 80 countries out of 91 — organizers

Among the countries that supported the document are includes Switzerland, Turkey, EU countries and the USA

NATO to build three large bases to supply weapons to Ukraine, Orban says

The Hungarian Prime Minister expressed concern that should these bases be built in Poland, Romania, Slovakia and other Ukrainian neighbors they will "become military targets"

Some Ukrainian legislators begin to discuss Putin’s peace proposal — Duma speaker

"Actually, according to our information received over the parliament’s channels, some Verkhovna Rada deputies have already begun doing that," Volodin added

Document of Ukraine’s surrender to be Russia’s next proposal to Kiev — diplomat

Konstantin Gavrilov said Russian President Vladimir Putin’s proposals were realistic

G7 decision to use seized Russian assets for Kiev’s needs is illegitimate — envoy Antonov

Anatoly Antonov noted that the loan proposed by the G7 for Ukraine is secured by stolen money, and the United States is trying to force its satellites to take responsibility for it.

Kazakhstan is switching to new form of political system — incumbent President Tokayev

He also announced cardinal reforms of the country’s economy

Mass graves of civilians with traces of torture found in Avdeyevka

DPR’s emergencies services told TASS earlier that tens of thousands of munitions had been disposed of in Avdeyevka

President of Cuba visited Russian warships

"Welcome, friends from Russia," Miguel Diaz-Canel said

Trump attributes presence of Russian ships at the port of Havana to Biden's weakness

Former american president added that neither Russian President Vladimir Putin nor other foreign leader have any respect for Joe Biden

NATO chief, Zelensky’s reaction to Putin’s peace proposals quite predictable — Kremlin

This was not a warning, neither was it an ultimatum as Zelensky nervously took it, Putin’s press secretary Dmitry Peskov said

Senior Russian lawmaker slams latest US sanctions, sees confidence in dollar cracking

In Vyacheslav Volodin's view, economies can see now that the United States uses the dollar "as an instrument of political pressure"

Engagement between both parties needed for peace in Ukraine — Indian foreign ministry

India was represented by Deputy Foreign Minister Pavan Kapoor

Criminals who took hostages in Rostov accused of preparing terrorist act in 2023

As the court found, being followers of a radical ideology, Akiyev, Gireyev and Tsitskiyev voluntarily united to commit terrorist crimes

Conference on Ukraine in Switzerland is a trial of Russia — lawmaker

The senator noted that the countries participating in the conference know the statements that Russian President Vladimir Putin made on June 14 at a meeting with the leadership of the Russian Foreign Ministry and they are discussing them

Lavrov urges West to listen to Putin as 'nothing good' came out of disregard before

The top Russian diplomat said he is unaware of the US desire to have official communication with the Russian Foreign Ministry

Retailers staying in Russia intend to work here "for a long time" — expert

The growth of retail trade turnover in Russia by the end of 2024 could reach around 7-8%, Igor Karavaev noted

Biden didn't freeze on stage, he greeted crowd — White House spokesman

Repuplicans' interpretation of Biden's actions inLos Angeles is wrong, Andrew Bates said

United Russia to hold international inter-party forum in Vladivostok

Delegations from Azerbaijan, Belarus, Cambodia, China, Cuba, Ethiopia, Indonesia, Laos, Tajikistan, Thailand, Venezuela and other countries will take part in the forum

Sweden says Russian military aircraft violated its airspace

The Swedish Armed Forces claim that they had to scramble two JAS-39 Gripen fighters to force the military jet to leave the country’s airspace

Russia ships about 25,000 tons of wheat to Cuba

The ceremony of handing over a batch of wheat took place on the territory of the cargo terminal of the port of Havana

British Navy reports a new attack on a ship off the coast of Yemen

Vessels are advised to exercise caution and report any suspicious activity to the UKMTO

Evidence of US-financed biological program in Ukraine revealed by Russian defense ministry

According to the spokesman, information was received from employees of Ukrainian biolaboratories that especially hazardous pathogens: plague, anthrax, cholera, tularemia and other lethal diseases infecting agents had been urgently destroyed on February 24

Russia wins 33 gold medals on fourth day of BRICS Games

The Russian team also won 28 silver and 18 bronze medals

Obama leads frozen Biden off stage — Republican Party

Former US President had to help Joe Biden to find the exit after his speech, said representatives of the National Committee

Putin made it clear that conditions for peace in Ukraine will be set by Russia — opinion

Russian President Vladimir Putin said at a meeting with senior officials of the Russian foreign ministry on June 14 that a peace solution to the Ukrainian conflict is impossible without Russia’s participation and an honest dialogue with it

Hezbollah leading region to dangerous escalation — Israeli army spokesman

According to the Daniel Hagari, Hezbollah's actions "jeopardize the future of Lebanon" and play into the hands of Hamas radicals

France turns down Russian request to hold UNSC meeting on downed plane Wednesday — mission

Earlier, Russian Foreign Minister Sergey Lavrov said Russia requested an urgent UN Security Council meeting at 3:00 p.m. local time (8:00 p.m. GMT) on Wednesday

Ukrainian drone shot down over Krasnodar Region — defense ministry

At about 10:00 p.m. Moscow time (7:00 p.m. GMT) on June 16, 2024, another Kiev regime’s attempted terrorist attacks on facilities in Russia’s territory with the use of a fixed-wing unmanned aerial vehicles was thwarted

No one waits for Armenia, Ukraine to join European Union — Medvedev

Deputy Chairman of Russia’s Security Council warned that the ‘mountains of gold,’ including membership in the European Union, were offered to Yerevan in exchange Armenia’s complete loyalty

German politician calls for heeding Putin's initiative for Ukraine

Ukraine's long-term nuclear-free status and renunciation of NATO membership ambitions, Sahra Wagenknecht said, are Russia’s demands that are easy to understand

Ukrainian troops in Volchansk will soon be trapped in a pocket — Russian lawmaker

As the State Duma deputy Viktor Vodolatsky noted, despite the fact that it is a small city, it is heavily fortified

Moscow Exchange not to trade euro, US dollar since June 13

These changes will cover the stock market, the currency market, and the standardized derivatives market; the futures market will operate as usual

Russia to give military-technical response if F-16 jets appear over Ukraine — Lavrov

Russia had presented "a very serious demarche" within the framework of the UN Security Council panel "nuclear five" in connection with the possibility of F-16 aircraft being prepared for transfer to Ukraine to carry nuclear weapons

Press review: G7 to tap iced Russian assets for Ukraine loan and BRICS candidates unveiled

Top stories from the Russian press on Friday, June 14th

Putin presents Hero of Russia medals to ‘Alyosha’ T-80 tank crew in Kursk Region

Russian President pointed our that the awards will be presented to Lieutenant Alexander Levakov and Corporals Filipp Evseyev and Alexey Neustroyev

Cuban President comes to Havana port where Russian ships stay

The event is closed for the press

Three Palestinians killed in Israeli army attack in Gaza — TV

Several other people were seriously wounded

Ukrainian parliament will not oppose against Zelensky on peace proposals — politician

"They are fully under external control of the collective West," Viktor Medvedchuk said

Hostage takers in Rostov detention center eliminated, hostages safe — authorities

A criminal case has been opened into the hostage taking

Bern sees no problems with Putin’s participation in potential conference on Ukraine

According to Swiss President Viola Amherd, such exceptions are possible when the participation of government officials in conferences are needed

Russian government approves list of unfriendly countries and territories

The countries and territories mentioned in the list imposed or joined the sanctions against Russia after the start of a special military operation of the Russian Armed Forces in Ukraine

Putin’s peace initiative being last chance to save Ukrainian state — politician

"The peace proposals returns not only the peace to Ukraine but also rights of Ukrainian citizens," Viktor Medvedchuk said

G7 decision on Russian assets to expedite independent payment system creation — expert

It would be interesting to see how G7 leaders would explain to third countries invited to their summit that Russia is an exclusion and such practice would never be used against India, Turkey, Saudi Arabia or any other state, Melkulangara Bhadrakumar noted

Press review: G7 pushes EU to tap Russian assets and BRICS sends strong message to West

Top stories from the Russian press on Tuesday, June 11th

There may be no Ukraine in 50 years due to US betrayal — Tucker Carlson

US is selling off lands in Ukraine to foreign investors, and will flood country with third-world migrants, journalist stated

Participants in Swiss forum on Ukraine may be charged for adopted initiatives — diplomat

Switzerland is hosting a conference on Ukraine in the resort town of Burgenstock on June 15-16

Zelensky should think about Putin’s peace proposal, Kiev’s situation’s worsening — Kremlin

Peskov stressed that "every time Putin voices peace initiatives and when attempts are made to enter the political and diplomatic channel, there are certain conditions on the ground, each time they worsen for Ukraine."

Seismic exploration equipment first big test conducted on Franz Josef Land

The researchers have conducted aerial photography of Cape Melekhov, analyzed digital terrain models and orthoimages

Russia reunites children with Ukrainian families

Some children were returned through third countries, while others were sent directly to Ukraine or to their parents in EU countries

Trump vows to halt ‘never-ending’ payments to Kiev if winning election

Ex-US President repeatedly stated earlier that he would be able to stop the conflict in Ukraine in case of his return to the White House

Russia makes another real peace proposal to Kiev — Putin

Vladimir Putin emphasized that Russia's plan would mean ending the conflict once and for all, not freezing it

Peace process without Russia inconceivable — Swiss president

Amherd said that in Burgenstock, they "will be making that first crucial step. It is up to us to make sure it is followed by a second."

Thailand's ruling party reaffirms willingness to join BRICS as soon as possible

Thailand is ready to continue to cooperate with all those countries that support multilateralism, said Nalini Thavisin, head of the international committee of the Pheu Thai Party

Conference on Ukraine reveals differences in viewpoints — Swiss president

The final communique of the conference was supported by 80 out of 91 participating countries

Rosatom constructing 39 power generating units overseas — CEO

The cost of building the Akkuyu nuclear power plant in Turkey provisionally stands at $24-25 bln

US rejects WTO, puts pressure on competitors — Putin

"It is enough to look at how they are draining European economies that are balancing on the brink of recession," the Russian leader stressed

Almost all BRICS leaders confirm participation in Kazan summit, Lavrov says

Over 250 events are expected to be held as part of Moscow’s BRICS Presidency, which will culminate in the group’s summit in Kazan in October

Former Austrian Foreign Minister Kneissl confirms West’s plans to split up Russia

Some people in the Atlantic Council, and this is not only Americans, but also British, even German and Austrian scholars, said that Russia could be divided just as the Federation of Yugoslavia was divided

Putin’s proposals need to be discussed to save world — diplomat about Swiss forum

Putin put forward new peace proposals seeking to resolve the conflict in Ukraine

Battlegroup Center improves tactical position in 24 hours — Russian Defense Ministry

"Four counterattacks by assault groups of the 23rd, 110th mechanized and 68th ranger brigades of the Ukrainian armed forces were repelled," the ministry added

State Department does not comment on not allowing Scott Ritter to leave US

"We cannot comment on the status of the passport of a private U.S. citizen," a State Department spokesperson told TASS

Number of supporters of Burgenstock final document reduced to 78

Two countries has been removed from signing final communique

Russian MP slams Burgenstock conference’s document as void and dead

Addressing the closing ceremony, Swiss President Viola Amherd admitted that different viewpoints had been voiced during the conference

Four settlements in Kursk Region shelled by Ukrainian troops during past day

Drone attacks were reported near the Krupts crossing and in the villages of Troitskoye and Sergeyevka

Russia ranked world’s second largest military power — GFP

More than 60 individual criteria were factored into the rankings, including the number of military troops, financial and logistics capabilities, as 145 world powers were considered

Ukrainian lawmaker says conference in Switzerland was a failure

According to the Ukrainian lawmakers, the conference in Switzerland was not meant to look for ways of settling the conflict

Kremlin has nothing to say to participants of Swiss summit on Ukraine

The Swiss authorities plan to hold the conference on Ukraine on June 15-16 at the Burgenstock resort

New Russian regions not going back to Ukraine, end of story — Putin

"The people of the Kherson and Zaporozhye regions expressed their position in referendums," the Russian president reiterated

Pentagon not denying report on its discrediting of Chinese vaccines

US military also said that it counters China in the information space

Russia categorically against West's attempts to 'play nuclear card' — Lavrov

The top Russian diplomat stressed that "an alliance is being shaped between the United States, South Korea and Japan" on the Korean Peninsula

Russia not going to fight against everyone — Putin

The head of state has repeatedly said that Russia has never refused from talks, unlike the Ukrainian side

Russia-Egypt Mediterranean drills to strengthen cooperation — top brass

Egypt’s navy was represented by Al-Qadeer frigate

Putin appoints Titov his envoy for relations with international organizations

This position was occupied by Anatoly Chubais in 2020-2022

Russian troops approached Kiev in 2022, but no decision to storm city was made — Putin

That was actually an operation to force the Kiev regime into peace, the Russian president explained

Kiev recognizes need for talks with Moscow to resolve conflict

Both sides' voices need to be heard to settle the conflict, Dmitry Kuleba said

Ukraine ready to pay West in people’s organs for military assistance — Russian diplomat

Russian Foreign Ministry Spokeswoman Maria Zakharova said the Kiev regime is rapidly turning the country into a global hub of human organ trafficking

About 20 NATO countries involved in conflict in Ukraine — lawmaker

"I believe they are in a state of war with Russia," Sergey Tsekov said

Ukraine loses up to 495 troops in Russia’s Battlegroup West responsibility zone

The adversary has also lost three armored fighting vehicles, nine motor vehicles, five howitzers, a self-propelled artillery system and a Grad combat vehicle

Iran calls on G7 not to link conflict in Ukraine to its relations with Russia

The spokesperson emphasized "Iran's unwavering commitment to human rights"

Ukrainian law bars president’s term from being extended — Putin

"The court ruling was final and not open to appeal," the Russian president said

Danish F-16’s to be priority target for Russian forces if supplied to Ukraine — MP

Ukrainian President Vladimir Zelensky said earlier after a meeting with Danish Prime Minister Mette Frederiksen that Kiev expects Denmark to supply F-16 fighter jets in the near future

First regiment of S-500 air defense systems to defend Moscow — source

The S-500 will replace the S-400 Triumph air defense system

Russian Foreign Ministry to implement president's orders to a tee — Lavrov

"Because everyone understands that the fate of our country depends on this, the fate of our people and, to a certain extent, the fate of the whole world," the top Russian diplomat noted

Russian warplanes deliver strikes on four militant hideouts in Syrian mountains

Over the past day, Syrian militants attacked pro-government forces’ positions in the Idlib de-escalation zone nine times

Houthis claim Verbena vessel attacked by them sinks in Gulf of Aden

Attecked ship "is at risk of sinking in a few hours," the Houthi spokesman said

Russian team wins 160 medals during first three days of BRICS Games

The competition will end on June 23

Russia to continue establishing buffer zone until Ukraine stops shelling attacks — Kremlin

Russian President Vladimir Putin said earlier in the day that Russia offers a new peace proposal on settling the conflict in Ukraine

Georgian Legion POWs say they were trained by NATO instructors — video

The ideology of the Georgian Legion, the POW said, was Russophobia: "kill Russians and do not to take prisoners"

Putin slams statements about Russia’s intention to attack Europe as ‘absolute nonsense’

According to the Russian president, it is not Russia that poses a danger to Europe, but its dependence on the US

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

West to stop Kiev from responding to Putin’s peace initiatives — politician

"So the collective West is losing more than acquiring from the standoff with Russia," Viktor Medvedchuk said

Ukraine conference in Switzerland risks failing short — Bloomberg

Аgency pointed out that the meeting’s attempts to find a path for a "just peace" may be futile

US, South Korea, Japan may sign agreement to combat nuclear threat — minister

The agreement could be reached before the inauguration of the next US president in January 2025

Conference in Burgenstock calls for Ukraine’s sovereignty over ZNPP

The communique was not signed by 13 participating countries

BRICS leaders not to attend conference on Ukraine in Switzerland

Brazil, India, the United Arab Emirates, Saudi Arabia, and South Africa will send delegated to the event