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

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

Federation Council approves bill on corporate tax increase

Extra earnings from the corporate increase are expected to be about $17.85 bln in 2025

MOSCOW, July 10. /TASS/. The Federation Council, the upper house of the Russian parliament, approved at its meeting amendments to the Russian Internal Revenue Code.

In particular, the document provides for the increase of the corporate income tax from 20% to 25%. "It is proposed in conditions of the sanctions pressure on the national economy and for purposes of ensuring the fair fiscal burden to increase the general fiscal rate of the corporate income tax to 25%, keeping the effective preferential mechanisms," accompanying papers to the document indicate.

Extra earnings from the corporate increase are expected to be about 1.6 trillion rubles ($17.85 bln) in 2025. Additional receipts in 2025-2027 will be about five trillion rubles ($55.8 bln) according to the financial and economic rationale to the document.

The law also sets forth a federal investment tax deduction making it possible to reduce the corporate income tax amount to be credited to the federal budget by capital expenses made within the framework of investment projects included into a relevant list.

Tags

COP29 participants approve $300 bln annual climate funding

The decision was made after long-lasting and difficult talks

Iconic Serbian film director celebrates 70th birthday

The film director has never celebrated his birthdays with friends and this year will be an exception

US, West have no capabilities to intercept new Russian hypersonic missile — expert

"There is more in the Russian arsenal than many believe," said Karin Kneissl, the former Foreign Minister of Austria

Ukrainian defense line in Donbass may soon collapse — expert

"Those are very important logistical hubs and defence outposts for the Ukrainian armed forces, and losing them will give Russia the advantage to move forward to cities like Kramatorsk and Slovyansk," Marina Miron emphasized

Putting Sarmat ICBM systems into combat among Russian military's top priorities in 2024

Based on experts’ estimates, the RS-28 Sarmat is capable of delivering a MIRVed warhead weighing up to 10 tons to any location worldwide both over the North and South Poles

State Department says US-India relations hit some headwinds due to Russia, BRICS

Kurt Campbell said that it is important to 'keep attention on the horizon'

Oreshnik can reach targets across entire Europe — missile troops commander

"Based on the tasks and the range of this weapon, it can hit targets across entire Europe, which sets it apart from other high-precision long-range weapons," Sergey Karakayev said

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

The Department of State and other US agencies "should continue to engage our competitors in real and substantive dialogue," Rear Admiral Thomas Buchanan said

Zelensky shook up by Russia’s response to permission to attack it — Lavrov

According to the Russian foreign minister, the West is directly involved in the use of long-range weapons against Russia, as not a single missile could be launched without its involvement

Putin invites Tajik leader to attend celebration of 80th anniversary of victory in WWII

He recalled that Tajikistan will hold presidency in the Commonwealth of Independent States next year

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

According to Nikolay Patrushev, the "imposed sanctions restrictions are aimed at thwarting the implementation of Russia’s Arctic projects"

Bundeswehr prepares plan for Operation Germany in case of war with Russia — newspaper

According to it, the 1,000-page "Operation Germany" plan lists all infrastructure facilities that deserve special protection, and also contains a procedure for defense or "measures to deter Russia on NATO’s eastern flank"

NATO secretary general, US President-elect hold first meeting

On Friday, Rutte held his first meeting with Trump in Florida

Biden’s actions on Ukraine meant to 'muck things up' for Trump — Lavrov

According to the Russian foreign minister, such behavior is "typical of the Democrats"

Zelensky fine with conflict continuing due to Western help — Slovak PM

Robert Fico pointed out that "more and more evidence show that the West seeks to prolong the war in Ukraine for various reasons"

Ukraine should consider territorial concessions to Russia in return for peace — magazine

Foreign Policy pointed out that Western officials should stop insisting in public speeches on the need to achieve a strategic defeat for Russia

NATO countries engaged in full-fledged war against Russia — Medvedev

According to him, the alliance is "fully engaged" in the Ukrainian conflict

France only finishes off Ukraine by allowing it to strike inside Russia — diplomat

Zakharova said earlier that no attempts by "French warmongers" would change the outcome of the conflict

Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

According to Daniel Davis authorizing US long-range weapons to be used against Russia is "foolhardy to the highest order," "especially because there is no military upside for doing so"

Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

Top stories from the Russian press on Friday, November 22nd

PREVIEW: First tour of presidential election to be held in Romania

Almost 19,000 polling stations will be opened in the country

Houthis say they attacked Israeli military base with hypersonic missile

The Israel Defense Forces said on Thursday evening that it had intercepted a missile launched from Yemen before it entered the Israeli airspace

Moscow not ruling out Trump’s meeting with North Korean leader

The restart of the negotiating process between the United States and North Korea "on previous conditions appears problematic", Deputy Foreign Minister Andrey Rudenko said

Conflict in Ukraine no longer regional war — German defense minister

Russian President Vladimir Putin said on November 21 that strikes on Russian territory with Western long-range missiles had made the conflict in Ukraine a global one

Russia, CSTO partners to discuss West’s authorization of strikes on Russia — TASS source

"A top-level session of the CSTO Collective Security Council will be held in the near future, and this matter will naturally be addressed", the source told TASS

German politician slams Ukraine’s ‘irresponsible’ strike on Russia with UK-made missiles

"A diplomatic search for balance and mutual understanding should be the goal, instead of further escalation," Alice Weidel said

Man opening fire near Israeli Embassy in Jordan killed — TV

Three security guards were wounded

Any escalation scenario possible in Ukraine conflict — Medvedev

According to the politician, Western nations need to understand that they are fighting on Ukraine’s side

Ex-German Chancellor considers dialog with Russia necessary to settle conflict in Ukraine

Angela Merkel advised politicians "to be authentic" when building up relations with US President-elect dondald Trump

Ukraine hopes to see US peace plan in January

Zelensky said he doesn’t know when he will be able to meet with Trump but this will obviously happen after his inauguration

West irrational, fails to understand it cannot intercept Russia's new missiles — Kneissl

The former Austrian foreign minister stressed that she "counted on rational Western decision-makers, but irrationality is unfortunately on the rise among them"

Russia not obliged to notify anyone about launch of intermediate-range missile — Kremlin

"No, there have been no notifications, for Russia has no such obligation with regard to intermediate-range missiles," Dmitry Peskov emphasized

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

Here are the key statements, made during the meeting

Japanese lawmaker praises Putin's restraint amid decision to strike deep into Russia

Top EU diplomat Josep Borrell confirmed that the US administration had lifted restrictions for US-supplied missiles to be used for strikes up to 300 kilometers inside Russia

Weapons supplied to Ukraine cannot reach Russian territory, Spanish defense minister says

The New York Times reported on November 17 that US President Joe Biden had authorized the use of US-supplied ATACMS tactical ballistic missiles for strikes inside Russia

UN Loss and Damage Fund to be fully operational from 2025

The total pledged financial support for the Fund is over $731.15 mln to date

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

These missiles pose a threat not only to Ukraine but also to the entire Western world, including continental Europe and Great Britain, Abdullah Agar stressed

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

According to the experts, Ukraine’s incursion into Russia’s borderline Kursk Region turned out to be a "strategic catastrophe" amid "manpower shortages"

Russia to view F-16 fighter jets in Ukraine as threat in nuclear sphere — Lavrov

"During combat operations, our military will not be clearing out whether or not each particular jet of this class is equipped to carry nuclear weapons," the minister added

Diplomat mocks US Senator for talking about invading Netherlands

Maria Zakharova quoted the US Senator, who called the ICC a "Kangaroo court" and ICC Prosecutor Karim Khan a "deranged fanatic"

Enemy losses, mercenary intrigue, humanitarian aid: situation in Kursk Region

Over the day, the enemy lost 150 troops, four motor vehicles, an artillery piece and two mortars

Israel strikes checkpoint on Syrian-Russian border — agency

The Jusiyah checkpoint is located on the border with Lebanon in the al-Qusayr area in the Syrian Homs governorate

Signal to West and 'red card': experts weigh in on Putin’s missile launch statements

The important message in Vladimir Putin’s speech was that "Russia does believe that the West has shifted from a proxy-war to direct war" and that the parties find themselves in "a global conflict" now, Dmitry Suslov said

Russia to toughly respond to Japan’s steps against it — Deputy Foreign Minister

According to Andrey Rudenko, Tokyo has no intention to change anything to the positive side

Russia encircles largest Ukrainian fortification in southern DPR — security services

"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

Ukraine conflict entering decisive phase, Polish PM says

According to Donald Tusk, "no one knows how the conflict will end"

COP29 participants approve $300 bln annual climate funding

The decision was made after long-lasting and difficult talks

West’s trying to turn Seoul into accomplice of Zelensky regime — Russian Foreign Ministry

Andrey Rudenko stressed that bilateral cooperation between Russia and the DPRK "is built in accordance with the generally recognized norms of international law and is not directed against any third countries"

Trump to name investor Bessent as Treasury Secretary

Janet Yellen currently holds the position

NATO pours with weapons prohibited by INF Treaty to Asia — Russian Foreign Ministry

"This vector highlighted as early as by the Republicans was legally formalized under the Democrats administration and resulted in the dramatic surge of militarization in Asia," Andrey Rudenko said

Russian forces eliminate Ukrainian MiG-29 on ground

Additionally, Russian units eliminated one munitions depot

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

The Belarusian leader noted that they want to go to Warsaw

Taiwan reports 25 Chinese aircraft, 7 ships approaching island

The Taiwanese army responded by employing aircraft, navy vessels, and coastal missile systems to monitor the targets

IDF verifying Hamas’ allegations about death of Israeli hostage in Gaza

Earlier in the day, Hamas reported the death of an Israeli woman who had been held hostage in the Gaza Strip

Russia will not artificially impede process of terrorist status lifting from Taliban

Russian Deputy Foreign Minister Andrey Rudenko said that completion of legal procedures of removing the terrorist organization’s status from the Taliban Movement will attribute a positive impetus to Russian-Afghan interaction in various spheres

Russia will expand network of direct flights to Asian countries — Deputy Foreign Minister

Russian airlines are now making direct flights to Vietnam, Indonesia and Thailan

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

According to the French military source, Russia's recent use of the Oreshnik intermediate-range ballistic missile should be taken in the context of possible negotiations regarding the ongoing Ukrainian conflict

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

Maria Zakharova stated that the US-NATO construction project, ongoing for nearly a decade with complete disregard to Russian security concerns, has consistently been a focus of Russia's attention

Trump to tap Richard Grenell as US special envoy on Ukraine — agency

Grenell would play a key role in Trump's efforts to halt the conflict if he is ultimately selected for the post

Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

According to th statement, London is promoting new rounds of escalation

Ukraine was warned about possible missile strike — Pentagon

Department of Defense Deputy Press Secretary Sabrina Singh gave no answer to the question of how could Ukraine prepare for this kind of attack

Russia entitled to use weapons against military sites of states attacking it — Duma

"Russia has repeatedly stated that such actions will receive a response – and it will be a stronger one," Duma Speaker Vyacheslav Volodin stressed

Trump seeks to restore peace in entire world — transition team on Putin’s address

Trump’s inauguration will take place on January 20, 2025

Europe unable to wage war attrition on Russia — Ukraine’s ex-commander-in-chief

According to Zaluzhny, European countries lack munitions to shoot down air bombs

Putin congratulates Serbian film director Kusturica with seventieth birthday

Counsellor of the Russian Embassy in Serbia Natalia Klischenkova read the text of the telegram to Kusturica

Ukrainian army admits loss of 40% of territories it controlled in Kursk Region — agency

"At most, we controlled about 1,376 square kilometers, now of course this territory is smaller," the source said

Attempted infiltration of Syrian government army positions by saboteurs foiled in Idlib

According to Ignasyuk, six shelling attacks on positions of Syrian government forces by the Jabhat al-Nusra and Islamic Party of Turkestan terrorist groups (both outlawed in Russia) were reported during the day. Two Syrian soldiers were wounded

US, Europe openly side with Kiev by supplying it with weapons — top Turkish diplomat

He stressed that today "it is vital prevent economic and political confrontation in certain regions of the world from growing into a real war."

Cooperation with Russia will play important role in upgrade of Indian armed forces — MFA

Answering a question about the supply of Russian S-400 anti-aircraft missile systems to India, Andrey Rudenko stressed that Moscow "strictly fulfills its contractual obligations"

Topol ICBMs to come out of service in Russia in 2024

It is planned that some of Topol ICBMs coming out of service will be used for civilian purposes as Start-1 carrier rockets

Gazprombank’s UnionPay cards no longer serviced in several countries

US, European officials suggest returning nukes to Ukraine — NYT

US officials believe that ramping up weapons supplies to Ukraine is unlikely to change the situation in the combat zone short term, but it may help Kiev strengthen its stance in case a truce is reached

Zelensky begs ‘for his country to be flattened’ — US journalist

"Ukraine should be forever grateful that President Putin is calm, rational and kind - because Zelensky is practically begging for his country to be flattened," American political commentator Jackson Hinkle said

Most of Russian weapons manufactured inside Russia — Medvedev

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

Kremlin clarifies notification process for Oreshnik missile launch

"An automated warning was sent 30 minutes before the launch," Dmitry Peskov said

Press review: Uranium costs soar as Moscow updates nuclear doctrine and US OKs attacks

Top stories from the Russian press on Wednesday, November 20th

Russian servicemen control 30% of Chasov Yar in DPR — expert

According to military expert Andrey Marochko, 10% of the territory is the so-called grey zone

Russia’s steel production plunged in October — WSA

China produced 81.9 mln metric tons in October, up 2.9% on an annualized basis

Western countries should 'be afraid, tremble' after Putin's statement — lawmaker

Andrey Kartapolov added that the special military operation in Ukraine "will continue its course until all tasks are completed"

Putin to address parliament next year, preparations underway — Kremlin

"Certainly, it is being prepared in advance, this is a lengthy process," the Kremlin official said

Oreshnik missile to change course of Ukrainian conflict, Medvedev believes

Russian Security Council Deputy Chairman Dmitry Medvedev said it in an interview

Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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

Comprehensive partnership agreement between Russia, Iran to cover defense sphere

The agreement on comprehensive strategic partnership is called to become the most important stage in development of bilateral relations

34 rounds fired by Ukrainian troops at Kherson Region’s left bank settlements

Apart from that, according to the governor, shelling attacks were stages on the settlements of Golaya Pristan, Aleshki, Gornostayevka, Kairy, Obryvki, Zavodovka, and Sergeyevka

NATO enters conflict, Russia has every right to attack its targets now — expert

Col. (Ret.) Lawrence Wilkerson confirmed to TASS that the launch of ATACMS missiles would be impossible without "US/NATO satellite feeds and/or personnel"

Zelensky to have no input if Russia, US negotiate, ex-Prime Minister says

Previously, Elon Musk said on the X social platform, commenting on Zelensky’s supposition that the United States cannot force Ukraine to "sit and listen" at the negotiating table because Ukraine is an independent country, that Zelensky has an "amazing sense of humor"

Oreshnik missile to go into serial production, Putin says

The president stressed that given the weapon’s special power, it "will be provided precisely to the Strategic Missile Forces"

Russia’s Oreshnik has no analogues worldwide — Putin

"We know what kind of developments are being carried out there, but this will happen tomorrow or in a year or two, but we have such a system already today," the president said

T-90M tank shows itself as best in the world in real fight — Medvedev

Many experts believe this is the best tank of our time, compared to Western counterparts in particular, Deputy Chairman of the Security Council said

Eliminating best enemy units: Defense Minister visits special op area

Andrey Belousov stressed that Russian troops have accelerated their advance in the special military operation zone and have effectively disrupted Kiev's 2025 military campaign

Shooting took place near Israeli embassy in Jordan — TV

Adjacent streets are blocked by security forces

France, UK will have to pay for their helping Ukraine strike inside Russia — diplomat

Russia’s Permanent Representative to the Vienna-based international organizations Mikhail Ulyanov said that what has been done by the White House is very dangerous

Russian forces gain foothold in Chasov Yar’s industrial zone — expert

The units of the Ukrainian armed forces have created "a very serious defense line" along the railroad and along one of the streets of the settlement, military expert Andrey Marochko told TASS

Bulgarian politician sees Oreshnik missile strike as wake-up call for peace

"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

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

Kremlin explains why Oreshnik missile came as surprise

"I am sure that neither of us is even aware right now of any new future developments.", Peskov said

West beginning to realize only part of Ukraine will remain — Lavrov

According to the Russian foreign minister, this represents the "confrontational logic" of the West

Zelensky’s actions make Ukraine vulnerable to coup, says politician

"Democratic institutions in the country have been destroyed, rendering dialogue between the government and the people impossible," Viktor Medvedchuk said

Progress cargo spaceship docks to ISS

The process was controlled by specialists on the Mission Control Center on Earth and by Roscosmos cosmonauts Ivan Vagner

Lukashenko grants asylum to Schmidt persecuted on political grounds by Poland

The head of state also approved citizenship applications from foreign nationals and stateless persons residing in the country