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Russian economy strongly overheated — Sberbank CEO

"We have never had such main capacity utilization in our history," Herman Gref added

MOSCOW, June 4. /TASS/. The Russian economy is strongly overheated, Sberbank CEO Herman Gref said when speaking in the Federation Council, the upper house of the Russian legislative assembly.

"Our economy is definitely and strongly overheated. We have never had such main capacity utilization in our history. At the level of 84% - this is threshold where it is merely impossible to go above it. And huge funds are going to the economy via the budget impulse," Gref said.

All the large-scale modern attacks are made using the artificial intelligence technology, the chief executive noted. "Plenty of cybercrimes are now committed using 'an army.' An 'army' of Ukraine, an 'army' of the US are now working against us; we see this in full scope. Certainly, all these modern attacks are made with the help of artificial intelligence," Gref added.

It is possible to efficiently counter such attacks only when having a higher level of such technologies, the Sberbank CEO said.

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Russian export watchdog proposes ban on aluminum powder exports to unfriendly countries

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FSB foils series of assassination attempts on senior Russian defense officials

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Russia says Su-35S fighter jets provide cover to Aerospace Forces in Kursk Region

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Russian troops liberate Novy Trud community in Donbass region over past day

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The attack resulted in the deaths of three individuals, with a fourth victim passing away from injuries at the hospital shortly afterward

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Sandu regime may seize Moldavan power plant in Transnistria — Russian Foreign Ministry

Maria Zakharova noted that "under such a scenario, the Russian peacekeeping presence in the region will be jeopardized"

Putin offers condolences to Azerbaijani president over plane crash near Aktau

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Ukrainian agent planned to present explosive gift to Russian defense official — FSB

The Russian Federal Security Service reported earlier on Thursday that it had foiled a series of assassination attempts on the lives of high-placed Defense Ministry officials in Moscow and their family members

South Korean opposition launches impeachment proceedings against acting president

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Mother, her 11-year-old son among victims of Kazakhstan plane crash — authorities

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Top stories from the Russian press on Tuesday, December 24th

One of two power cables between Estonia, Finland fails for an unknown reason

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Russia’s Chechnya ships 200 ‘Jihad mobile’ vehicles for special military operation

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Azerbaijani president on his way back home from Russia after AZAL plane crash

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Thailand accepts invitation to become BRICS partner state — MFA

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Former Austrian minister believes EU ignored message Russia sent with Oreshnik missile

According to Karin Kneissl, Russia doesn’t want to trigger any nuclear war

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Greece continues to ship munitions to Ukraine en masse — website

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