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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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US journalist calls US President Joe Biden’s government 'the fascist state'

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Russian President Vladimir Putin delivered a televised address to the nation on November 21, announcing that in response to the West’s decision to authorize strategic-depth strikes on Russia, Moscow used its new Oreshnik medium-range hypersonic ballistic missile for the first time

Russian air defense deflects attacks with Western missiles — Putin

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Russia forced to roll out new weapons as West fuels conflict, Minsk says

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Ukrainian frontline may 'collapse' under onslaught of Russian forces — BBC

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Putin says Oreshnik missile system cutting-edge innovation by Russia, not Soviet byproduct

The Russian Defense Ministry announced earlier in the day that the country’s latest Oreshnik intermediate-range ballistic missile hit all the targets at a major Ukrainian military-industrial enterprise in Dnepr (Dnepropetrovsk) with its MIRVed warheads

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Japanese government refrains from commenting on Russia’s latest hypersonic missile

At the same time, Chief Cabinet Secretary Yoshimasa Hayashi once again criticized Russia’s actions in Ukraine

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Department of Defense Deputy Press Secretary Sabrina Singh also claimed that Washington, while helping Ukraine, is not attempting to turn the conflict into a large-scale regional confrontation that spills beyond the country’s borders

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Putin’s remarks on hypersonic missiles send serious warning to West — Turkish politician

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US admiral says Washington should be ready for talks with Russia, China

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Western air defense systems unlikely to intercept Russian missiles — France’s Le Monde

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Earlier, the Russian Armed Forces carried out a precision strike on Ukraine’s Yuzhmash defense industry facility in retaliation for the use of US-and UK-made weapons for strikes on Russia

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Maria Zakharova noted that the Russian Embassy in Helsinki has sent requests to clarify the situation

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Lukashenko tells Putin situation is "starting to get tense with Wagner"

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

According to the president, the missile is code-named Oreshnik, which can roughly be translated as hazel bush

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"The enemy positioned in the fortified area in Velikaya Novoselka in the south of the DPR is already trapped in a kill zone," the source said

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Alexander Lukashenko also emphasized that a real information war has been underway for a long time

Kremlin clarifies notification process for Oreshnik missile launch

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US to impose export restrictions against up to 200 Chinese firms — agency

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IN BRIEF: What Putin said about Russia’s new missile, and Moscow’s response to the West

Moscow used its new Oreshnik medium-range hypersonic ballistic missile in response to the West’s decision to authorize strategic-depth strikes on Russia

Taiwan reports 25 Chinese aircraft, 7 ships approaching island

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China against double standards in international law — Foreign Ministry

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Russia’s Oreshnik has no analogues worldwide — Putin

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Commissioning of Oreshnik and new developments: Putin’s meeting with defense specialists

Here are the key statements, made during the meeting

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"European politicians need to think twice about what they do next, especially since Donald Trump, who will take office in two months, replacing the current White House occupant, has already expressed his commitment to the policy of peace," Krasimir Karakachanov said

US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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West builds up military presence near Russia’s Arctic borders — presidential aide

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US expects Russia-North Korea cooperation to be formidable challenge in coming years

Mira Rapp-Hooper mentioned the US administration’s version, according to which North Korea has allegedly sent troops to engage in active combat in Ukraine

Russia's Oreshnik missile poses significant threat to West, Turkish expert warns

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Russia’s reaction to Austrian OMV’s failure to pay for gas justified — MFA

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