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Bank of Russia sees no grounds for reducing key rate in 2024

Earlier on Friday the board of directors of the Bank of Russia decided to increase the key rate for the first time since December 2023 - by 200 basis points to 18% per annum

MOSCOW, July 26. /TASS/. The updated forecast by the Bank of Russia does not imply the key rate reduction in 2024, Central Bank Governor Elvira Nabiullina told a press conference following the meeting of the board of directors on the key rate.

"As new information was released we started stressing that the return to [targeted] inflation would require a longer period of maintaining strict monetary conditions. Last month we started saying that we were ready to raise the rate with inflation risks realized. Our updated rate outlook does not imply the rate’s reduction this year," she said.

Earlier on Friday the board of directors of the Bank of Russia decided to increase the key rate for the first time since December 2023 - by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above the regulator’s April forecast. The Bank of Russia noted that it would consider the necessity of further key rate increase at its upcoming meetings.

Russia's trade turnover with CIS countries rises by 6.7% in first six months of 2024

The share of trade with CIS member states in Russia's total trade turnover is 16%, Russian Deputy Prime Minister Alexey Overchuk said

Putin has no plans to attend Mexican president's inauguration — Kremlin

Earlier, the Mexican embassy in Moscow stated that the Russian president had received an invitation to Sheinbaum's inauguration ceremony

Russian forces move to better positions in Zaporozhye Region — politician

The Russian forces are making progress in the Orekhov direction near Malaya Tokmachka, Novodanilovka, and Marfopol

Russian aviation wipes out base of Ukrainian militants in DPR — expert

The Russian Aerospace Forces delivered a strike with a glide munition

Russian troops entrenched in liberated settlements of Kursk Region’s Sudzha District

According to commander of the Akhmat special forces unit Apty Alaudinov, the situation is under control

Russia’s Akhmat special force destroys military storage facility in Kursk direction

Akhmat also eliminated one armored personnel carrier and one self-propelled artillery weapon, the deputy chief of the Main Military-Political Directorate of the Russian Armed Forces Apty Alaudinov said

Kremlin slams Poland's idea to revise Crimea's status 'absurd'

"Russian territory and Russian regions cannot be the subject of any discussion or transfer to anyone," Dmitry Peskov emphasized

Russia ready to give Uzbekistan access to high-precision GLONASS signal — document

The Russian global navigation satellite system is designed to promptly provide navigation information to users of land, sea, air and space

European Parliament urges end to restrictions on strikes on Russia with Western weapons

In addition, the EU member states and NATO allies are asked to "collectively and individually commit to supporting Ukraine militarily, with no less than 0.25% of their GDP annually"

Israeli forces kill over 300 radicals in southern Gaza — portal

Besides, they found and destroyed a cache with long-range missiles and an arms depot with sniper rifles

One killed in stabbing attack in Dutch city of Rotterdam

According to the NOS television channel, the attack occurred near the Erasmusbrug bridge in the city center

Israeli air force attacks around 100 Hezbollah sites in Lebanon in past two hours

The strikes were directed by the IDF intelligence units and the IDF Northern Command, the Israel Defense Forces said

Russian military in Syria help 26 refugees leave US-occupied Al-Tanf zone

No attacks on Syrian pro-government forces were registered in the Idlib de-escalation zone in the past day, the Russian military official added

Rising number of dead foreigners in Ukraine proves West's involvement — envoy to UN

"We have warned from the beginning that those who help the Zelensky clique stay afloat will become our legitimate targets," Vasily Nebezya reminded

Putin examines kamikaze drones, unmanned systems at St. Petersburg defense plant

The Russian president was accompanied by Defense Minister Andrey Belousov, First Deputy Prime Minister Denis Manturov, Deputy Head of the Presidential Administration Maxim Oreshkin and Presidential Aide Alexey Dyumin

European Parliament calls for arrest warrant for Maduro

The lawmakers recognized Edmundo Gonzalez Urrutia as the legitimate president of Venezuela and urged EU member countries to do the same

Theft of Russian assets to nullify trust towards EU — MFA

Maria Zakharova pointed out that the European Union had lost independence

Two-thirds of Abrams tanks in Ukraine already destroyed — Russia’s deputy OSCE envoy

As Maxim Buyakevich noted, the discussion is afoot in the West about the possibility of using high-accuracy long-range weapons against facilities deep inside Russian territory

North Korea convinced Russia to win special military operation in Ukraine — top diplomat

"The North Korean people express their support for the Russian people in their just struggle," Choe Son Hui stressed

Investigator charge 33 people in case of shooting at office of retailer in central Moscow

The Russian Investigative Committee wants the suspects to be kept in custody until trial

Lebanese citizens turn off phones, appliances for fear of more blasts — newspaper

The newspaper pointed out that the pager blasts have turned daily life in Lebanon into scenes of panic and violence

Russia fully ready to defend its interests in Arctic — Lavrov

The minister to say that NATO is becoming increasingly interested in the Arctic region

Putin instructs authorities to support small producers of drones

The Russian leader noted that products manufactured by small enterprises, including drones, are not inferior in quality to those made by large ones

Businessman probably related to exploding gadgets in Lebanon missing in Norway

At this point, there is no evidence indicating that Rinson Jose had any knowledge about the operation to create the explosive gadgets

One Ukrainian drone attacks Energodar, another downed — administration

Meanwhile, according to ZNPP communications director Yevgeniya Yashina, no Ukrainian drone attacks have been recorded on the territory of the plant

Press review: US shifts rhetoric on Ukraine and walkie-talkie explosions rock Lebanon

Top stories from the Russian press on Thursday, September 19th

Ukrainian troops captured: situation in Kursk Region

In total, the enemy has lost over 11,800 servicemen since fighting began in the region

Kadyrov send two more Cybertucks to special military operation zone

"The electric car’s mobility, comfort and maneuverability are what is needed here," the Chechen leader said

US to step up efforts to limit Russia’s fuel exports, defense imports – White House

Sanctions and export controls are "our tools", US Deputy National Security Advisor for International Economics Daleep Singh said

Turkish banks want to stop transactions with Russia, transfer them to one bank — source

The issue reportedly concerns private and state-owned Turkish banks that do not have foreign partners, mainly Western ones

Russian Baltic Fleet's training ship Smolny makes port call at Equatorial Guinea’s Malabo

The Baltic Fleet’s sailors and cadets will meet with military sailors from Equatorial Guinea to share experience

Kiev still plans to attack Kursk NPP — Foreign Ministry

Maria Zakharova pointed out that the US and the UK were behind all of Kiev's crimes

Senior Russian lawmaker warns that calls for long-range strikes open way to nuclear war

Vyacheslav Volodin commented on a recent resolution of the European Parliament to allow strikes inside Russia with Western weapons

Florida court rules to arrest Russian citizen Postovoy, take him to Washington

The date of the next court hearing, to take place in Washington, has not been set yet

Turkey’s top diplomat confirms Ankara seeks to join BRICS

Ankara always looks for new opportunities to expand its trade and economic cooperation anyway, Hakan Fidan added

US carries out mock electronic launch of Minuteman III ICBM

Such test deployments of Minuteman III missiles without an actual launch are being carried out twice a year at various air bases, the statement says

Medvedev allows use of nuclear weapons by Russia when ‘patience runs out’

The politician underscored that no one really needs a nuclear conflict - it is "a very bad story with a very difficult outcome."

Explosions in Lebanon pose interest for Russian intelligence — Kremlin spokesman

According to Dmitry Peskov, Moscow has not discussed the events in Lebanon with regional actors

Devices blasts in Lebanon make escalation in Middle East conflict inevitable — newspaper

According to columnist Ishaan Tharoor, "Israeli officials have not publicly taken responsibility for the attacks, but have in private in confirmed their hand in them with their interlocutors in Washington"

EP resolution regarding strikes on Russia madness, EU seeks war — French politician

According to Florian Filippot, France should urgently withdraw from the EU and advocate for a peaceful settlement of the Ukrainian conflict

Zelensky says Ukrainian troops in extremely difficult situation in two DPR areas

The situation on the frontline remains extremely difficult, Ukrainian President said

Ukraine participates in NATO’s counter-drone drills for first time

The document says that "more than 60 counter-drone systems and technologies such as sensors, drone-on-drone systems, jammers and cyber interceptors were tested live" during the exercise

Israel’s explosive gadget operation in Lebanon took 15 years of preparation — ABC

ABC sources confirmed that the Jewish state was involved in the production of these communication devices

Russian forces take control of two settlements in Kursk Region

According to Major General Apty Alaudinov, the entire frontline in moving forward, with Ukrainian soldiers surrendering

Israeli attacks Hezbollah facilities, red lines: Middle East escalation

The constant shelling of the Lebanon-Israel border continued amid Israel's operation in the Gaza Strip

Stoltenberg's statements on use of long-range missiles against Russia senseless — MFA

According to the outgoing NATO Secretary-General, Ukraine's use of long-range missiles will not lead to the alliance being drawn into a conflict with Russia

Source reveals number of people detained in shooting in downtown Moscow office

"Yesterday, 13 people were detained and questioned, today 14. As far as I understand, the Investigative Committee intends to detain them all," the source, one of the participants in the trial, which took place in the Basmanny court, said

Ursula von der Leyen arrives in Kiev

In the Ukrainian capital, von der Leyen intends to discuss defense issues, as well as G7 lending to Ukraine

West is persuading Ukraine to give up claims to 1991 borders — legislator

Yegor Chernev shared a "feeling" that the Western world is ready to declare as a victory for Ukraine at least the fact that "Kiev has not fallen" and that it "has not lost its sovereignty"

West assists Kiev in striking civilian facilities in Russia — diplomat

In his words, Kiev is not independent from the military point of view, having no material and technical capabilities for independent warfare that involves western weaponry

Tver region governor says no serious injuries in drone attack on Toropets

Earlier reports said a fire occurred at the scene where drone fragments fell in Toropets

Belarus ready to cooperate with Ukraine on same terms as with DPR

Alexander Lukashenko stressed that by cooperating with the DPR, Belarus "is absolutely not violating any international norms"

Hezbollah sets up committees to look into circumstances of gadget explosions

According to the movement’s Secretary General Hassan Nasrallah, experts are analyzing all circumstances surrounding the devices in question

US citizen Zenkovich, convicted in Belarus, asks Lukashenko for pardon

Zenkovich also addressed the US side

Court arrests six individuals as part of investigation into shooting at Wildberries office

The court granted the investigators’ request and ruled to place six individuals in custody for one month and 30 days

North Korean balloon carrying trash crashes again near government complex in Seoul

Police cordoned off the scene, military specialists checked the contents for hazardous substances and removed the debris

Russian National Guard eliminates about 30 Ukrainian vehicles in Kursk Region

The National Guard noted that its troops provide extra protection measures for important state facilities

US Treasury sanctions two banks from Russia and South Ossetia

Inclusion in the sanctions list entails the freezing of assets in the US and a ban on American citizens and companies doing business with sanctioned persons and entities

Situation on Korean Peninsula becomes tenser because of US — North Korean Foreign Minister

Choe Son-hui underscored that "global peace and security are in jeopardy"

EU may cancel visa-free regime with Georgia due to ‘backsliding on democracy' — newspaper

According to the newspaper, under the 2017 agreement, Georgian citizens do not need visas to visit EU countries, where they can stay for six months a year

Russia’s battlegroup Center repels 9 Ukrainian attacks, inflicts over 510 enemy casualties

According to the report, the enemy sustained more than 510 casualties and lost two vehicles, a Msta-B 152mm howitzer, a D-30 122mm howitzer, a US-made M101 105mm artillery mount and a Rapira 100mm anti-tank gun

Press review: Israel declares new phase of war and Russia boosts drone production

Top stories from the Russian press on Friday, September 20th

Hamas-Israel deal unlikely before Biden’s term expires — WSJ

According to the The Wall Street Journal , the sides are "in a wait-and-see mode" until after the upcoming US presidential election

Putin extends food embargo on imports from Western countries for two years

The food embargo, introduced in response to the unfriendly actions of the West, has been in effect in Russia since August 7, 2014

Taliban say Afghanistan will now rely only on Sharia law

The supreme leader said that the negotiation process with the US in Doha was based on Sharia, "not a single step in these negotiations was taken against religion"

Ukraine's terrorist community growing by recruiting fighters in Syria — diplomat

Citing media information from Syrian sources, the Maria Zakharova said that 250 Ukrainian instructors arrived in Idlib the other day to train militants

Russia delivers urgent assistance to Mali — portal

The delivery was organized as part of military cooperation between Russia and Mali to boost defense and security ties

Ukrainian servicemen captured: developments in Kursk Region

Over the day, Ukraine lost up to 400 troops and 23 armored vehicles

Russia deeply concerned by events unfolding in Lebanon — diplomat

Maria Zakharova asserted Russia’s solidarity with the people of Lebanon

NATO was called obsolete, braindead in past 10 years — Stoltenberg

"During my time as Secretary General, the relevance of NATO has been questioned," Jens Stoltenberg noted

MFA calls UN resolution on Palestine important step to recognize Israel's illegal actions

The Russian diplomats pointed out that it would also help develop concrete measures to uphold international law, end the longest occupation in modern history and implement a two-state solution

Hezbollah fires rockets at seven Israeli barracks

Large-caliber Burkan missiles were used in an attack on the town of Metula and its environs, causing several fires and disrupting power supply to the settlement

West switches to open support for Kiev's terrorist attacks against civilians — MFA

"The West continues to supply arms and money to the Kiev regime, propose pseudo-peace initiatives, and try to rally as many countries as possible to their side," Maria Zakharova said

Peace talks between Russia, Ukraine unlikely to happen in near future — DPR head

As Denis Pushilin noted, for now the word "peace" is interpreted in different ways, but everything should end in negotiations sooner or later

Hezbollah fires anti-tank missiles at Israeli positions in Metula

According to the broadcast, at least three of them hit targets

Ukrainian breakthrough attempts thwarted: developments in Kursk Region

The Russian military repelled three attempts by the Ukrainian military to break through the border near Novy Put, Malaya Obukhovka and Medvezhye

IN BRIEF: Ex-Ukrainian intel officer’s car blown up in northern Moscow

The explosion occurred in a Toyota Land Cruiser Prado off-road vehicle parked on Korovinskoye highway in the north of Moscow, when the driver started the SUV

Battlegroup North liberates two settlements in Kursk Region this week

Apart from that, according to the report, Russian aircraft struck areas of deployment of manpower and weapons of the Ukrainian army’s three mechanized, one tank, and two assault brigades

Ukrainian forces create concentration camps in Russian border areas — diplomat

Maria Zakharova pointed out that one of the Ukrainian prisoners of war reported an attack on a passenger train being prepared in the Kursk Region

Russia firmly committed to principles of UN Charter unlike West — Lavrov

In this context, the foreign minister noted with appreciation that the position of Russia enjoys "the broadest support from like-minded BRICS countries and other states of the world majority"

Zelensky may be overthrown if Ukraine fails to hold elections — Ukrainian MP

Ukraine is still facing the question of the legitimacy of power in the absence of parliamentary and presidential elections, which cannot be held during martial law

Russia cautions Chisinau against involvement in Ukrainian conflict — Foreign Ministry

Maria Zakharova drew attention to the speculations about Romania's plans for redirecting to Moldova the mobile maintenance stations for F-16 fighter jets received by Bucharest for their subsequent deployment at the Marculesti airbase

Biden, Harris to meet with Zelensky at White House on September 26

The leaders will discuss the state of the conflict in Ukraine, including Ukraine’s strategic planning and US support for Ukraine

First five Baikal aircraft will be delivered in 2026 — minister

"It has been decided that we will switch to the domestic VK-800 engine," Anton Alikhanov said

Russia's military to restore control of all districts of Kursk Region — Kremlin

"The situation in those areas which are under the control of the Ukrainian militants is extraordinary, of course," Dmitry Peskov stated

Press review: Hezbollah pagers attack threatens wider war and Russia ready to test nukes

Top stories from the Russian press on Wednesday, September 18th

Ukraine’s forces in Ugledar virtually encircled — sources

"Most positions around the city, including those at the most important sites and heights are Russian, the whole city is exposed to fire," the sources explained

First MC-21 flight in fully imported version expected this year — minister

The domestic MC-21 is the most promising aircraft for international markets, Anton Alikhanov said

US mistaken if it thinks nuclear conflict would affect Russia, Europe only — diplomat

Anatoly Antonov reiterated that there must never be a nuclear war and that there can be no winners in any nuclear conflict

Russia to explain risks of cooperation with NATO to post-Soviet countries — MFA

"No doubt, such voyages of representatives of the aggressive military bloc do not contribute to regional stability and security," Maria Zakharova said

Ukrainian forces in difficult situation in Kursk Region, try gain foothold — commander

Major General Apty Alaudinov added that, on Thursday, he visited the rightmost flank of the Russian troops on the Kursk direction - near cities of Rylsk and Lgov

Pakistan joins formation of corridor from Belarus to ports of Indian Ocean

"The Minister of Communications of the Islamic Republic of Pakistan signed this Memorandum, emphasizing the importance and significance of this project for the development of trade and economic relations and cargo transportation in the region," the statement reads

Lifting ban on strikes deep into Russia won't help Ukraine much — Pentagon

Russian Deputy Foreign Minister Sergey Ryabkov, for his part, said that Moscow was aware of the West's decision to attack deep into Russian territory and to send appropriate signals to Kiev

Cases against Ukrainian servicemen: situation in Kursk Region

Russian investigators have initiated three criminal cases against Ukrainian militants involved in crimes against civilians in the Kursk Region

West’s attempts to turn UNGA into pro-Ukrainian show doomed to fail — Russian MFA

"The UN General Assembly always encompasses a very broad agenda," Sergey Ryabkov stressed

Germany says supplies to Kiev included 22 Leopard 1A5 tanks, 3 Gepard air defense systems

Germany is also preparing to deliver 12 Panzerhaubitze 2000 self-propelled artillery units

In case of deep strikes Russia to respond with more powerful weapons — Duma speaker

According to Vyacheslav Volodin, it is crucial for the parliaments of the United States and European countries to "understand and realize what can happen"

Mexican president-elect refuses to visit Ukraine

"I will attend certain international events, which we consider important, but we will not travel much - our responsibility lies here," Claudia Sheinbaum said

US afraid Israel may launch offensive in Lebanon — media

The newspaper emphasized that Israel had deployed a military contingent of thousands of special forces and paratroopers from the south to the north of the country

EU will grant loan to Kiev that will be paid from frozen Russian assets — EC president

Ursula von der Leyen stressed that 35 billion euros is the part which the European countries will contribute to the 45 billion euro loan approved by the G7 in Italy in the summer

Putin calls for meeting Russian army’s demand for drones

The Russian leader emphasized that "drones of various classes have already become an indispensable attribute of modern combat operations"