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Mechel posts IFRS net loss of $182.7 mln in H1 2024

The rise in losses was partly offset by the drop in negative exchange rate differences, the company informed

MOSCOW, August 22. /TASS/. Mechel suffered losses of 16.7 bln rubles ($182.7 mln) under the International Financial Reporting Standards (IFRS) in the first half of 2024, the Russian mining and metals company reported.

The loss was 3.5 bln rubles ($38.3 mln) a year earlier, the company informed. The rise in losses was driven by growing cost of sales, higher financial expenses in view of the significant key rate lifting by the Bank of Russia, and recognized losses due to lost control over European assets of the group. The rise in losses was partly offset by the drop in negative exchange rate differences, the company informed.

In the meantime, Mechel’s profits stood at 4.5 bln rubles ($49.2 mln) as of the end of the second quarter 2024.

US oil reserves rise by 2.1 mln barrels over week — Department of Energy

The US Department of Energy said the current level of reserves was 4% below the five-year average for this time of year

Russia, US have many annoyances, it is hard to pick worst one — Kremlin spokesman

Earlier, Russian Prime Minister Mikhail Mishustin met with UN Secretary-General Antonio Guterres in Baku

What is known about Sevastopol car blast

Sevastopol Governor Mikhail Razvozhayev did not rule out the possibility that the incident was the result of sabotage

US does not fulfill LNG contracts for Europe worth tens of billions of dollars — Gazprom

In addition, the United States is influencing the global gas market with its verbal interventions regarding the possible withholding of LNG supplies to China, as well as a temporary suspension of the issuance of export licenses, Deputy Head of the Department - Head of the Directorate at Gazprom Kirill Polous said

Trump does not rule out he may run in next US presidential election

Trump's participation in the next US election would be against the Constitution

All weapons pledged by Biden to Kiev to be delivered before he leaves office — Pentagon

Department’s Deputy Press Secretary Sabrina Singh expects that for the 'next coming months of this administration'

Explosion heard in Damascus suburb

The circumstances of the incident are being established at the moment

US oil reserves rise by 2.1 mln barrels over week — Department of Energy

The US Department of Energy said the current level of reserves was 4% below the five-year average for this time of year

Negotiations on new European Commission stalled, December 1 deadline at risk — media

The main issue is rooted in the European People's Party’s disagreements with socialists and democrats

Hamas ready for immediate ceasefire in Gaza, official says

According to Basem Naim, the last "well-defined, brokered deal was the deal of July 2"

US denies possession of extraterrestrial technologies

According to Sue Gough, the All-domain Anomaly Resolution Office, an office at the US Department of Defense that investigates unidentified anomalous phenomena, "is continuing its review of the historical record of US government UAP programs"

Israeli practices ‘consistent with characteristics of genocide’ — UN committee

The document points out that 'civilians have been indiscriminately and disproportionally killed en masse in Gaza'

Bloodshed in Ukraine to end soon, Musk says

The Axios portal reported earlier that Musk took part in a phone call between Trump and Vladimir Zelensky

Ukraine's Kurakhovo Reservoir dam blast to help, not hurt Russian troops — expert

At least ten Ukrainian troops were killed

Russian air defenses down multiple aerial targets over Belgorod, with one injury reported

Vyacheslav Gladkov noted that the windows of 11 apartments in six apartment buildings were damaged in Belgorod

US plans to remove 'arrogant' Zelensky and stage 2025 elections in Ukraine — SVR

"At the initial stage, it is planned to encourage entities within the Ukrainian civil society under their control, through US 'democratization' foundations and think tanks, to come up with a corresponding initiative," the statement reads

Russia supports new UNSC draft resolution on Gaza — envoy

Russian Permanent Representative to the United Nations Vasily Nebenzya noted that Resolution 2735 was only a tool to gain time for Israel

Kalashnikov concern trains first group of operators for Bars-Sarmat UAV unit

The soldiers studied the hardware, including the drones’ electronics, internal systems and rules of operation

Security Service of Ukraine operated ‘concentration camp’ in Kiev in 2022, lawmaker says

"This concentration camp was organized by SBU Head Ivan Bakanov and his first deputy Vasily Malyuk," Alexander Dubinsky claims

Attempts being made to drag Syria into armed confrontation in Middle East — diplomat

According to Alexander Lavrentyev, the top priority today is to prevent such attempts

Trump plans to appoint special envoy on Ukraine to hold peace talks with Russia — TV

According to the source, the job is not expected to be a salaried role

Football fans clash during France vs Israel football match in Paris

The match is taking place a week after a Europa League match involving Maccabi Tel Aviv football club wreaked havoc in Amsterdam

US-led coalition's aircraft violate Syrian airspace nine times in past day

In a separate development, a total of 3,516 people crossed into Syria from the territory of Lebanon in the reported period

South Korea to support Ukraine in response to Russia-North Korea alliance — president

As Yoon Suk Yeol said, the reported dispatch of North Korean servicemen to participate in Russia’s special military operation "poses a serious security threat not only to the Korean Peninsula and Europe but also to the entire world"

First S-550 air defense systems enter service in Russia — source

The source described the new system as "an absolutely new and unrivalled mobile system of strategic missile defense"

Clear Zelensky won't be the one to decide about talks with Russia, says Lavrov

"Russian President Putin has repeatedly said that we have never refused to negotiate," the Russian foreign minister reiterated

Gazprom says EU artificially destroys gas demand to the detriment of its own economy

As for global gas demand, gas consumption in January-October increased by 80 bln cubic meters year-on-year, the company noted

Russian troops secure ground near Novodarovka, Rovnopol in Zaporozhye Region — official

On November 13, the Russian Defense Ministry reported that the Russian Armed Forces had liberated the settlement of Rovnopol in the Donetsk People’s Republic (DPR), located near the administrative border with the Zaporozhye Region

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

The Belarusian leader noted that they want to go to Warsaw

Bank of Russia sells currency worth $42.6 mln in domestic market

The Bank of Russia is buying and selling foreign exchange in the domestic market in the currency section of the Moscow Exchange with the use of the yuan-ruble instrument

IEA upgrades outlook on oil demand growth for 2024 to 920,000 bpd

Global oil demand will total 102.8 mln barrels per day (mbd) in 2024

FSB detains Russian for passing defense industry data to Ukraine's intelligence

According to the FSB, the suspect initiated contact with representatives of the Ukrainian Defense Ministry's Main Intelligence Directorate via the internet

Russian PM to attend UN Climate Change Conference in Baku

The greater part of Mikhail Mishustin’s visit will be devoted to Russian-Azerbaijani ties

US views Russia as present-day threat, Trump may prioritize containing China — Lavrov

The Russian foreign minister stressed that reputation matters the most to the United States which does not care about the real fates of peoples, in particular the Ukrainian one

Demographic crisis threatens Ukraine’s viability as state — think tank

Ukraine’s "overall population had declined to 29 million people in 2023 - compared to 48.5 million in 2001," Responsible Statecraft writes

Most Russians say special op doesn't bleed into their daily life

While public anxiety remains high, the percentage of Russians who view the situation as catastrophic or as a crisis has noticeably decreased, and the share of citizens who accept the current circumstances as a new normal is rising

Trump’s return to power unlikely to change US approach to Ukraine crisis — Lavrov

Washington will always seek to control everything that is happening within NATO’s orbit, especially on NATO territory, the Russian foreign minister said

Press review: US to maintain aid to Israel while Kiev regime faces challenge to retain it

Top stories from the Russian press on Thursday, November 14th

Mi-171A3 helicopter draws interest from partners in China — Russian Helicopters

The helicopter can fly in harsh conditions, particularly those inside the Arctic Circle, where satellite communication coverage is poor

US missile defense site to defend Poland from Russia too — Polish minister

At the same time, the official evaded a direct question of whether the facility is capable of protecting country from missiles

Daniil Medvedev loses chances of reaching semifinals at ATP Tour Finals

He lost the first set to Italy’s Jannik Sinner with the 3:6 score

Israeli military vows to keep Syrian-made weapons out of Hezbollah’s hands by any means

IDF spokesman Daniel Hagari said that Israeli troops have detected the movement's use of Syrian-produced weapons in its attacks on Israel

Explosion of Kurakhovo reservoir dam disrupts water supply

Roman Pukalov noted that the blast killed many fish in the reservoir, washed away fertile soil, and inundated potentially hazardous sites, including cemeteries, cattle burial grounds, and fertilizer depots

Pilot lauds thrust, aerodynamics of smooth-flying Su-57 fighter jet

According to Sergey Bogdan, this fighter jet flies smoother than anything out there today

Authorities of southeastern Ukrainian region report ‘infrastructure damage’

In addition, a power transmission line was reportedly damaged in the Dnepropetrovsk Region

Nikolay Patrushev to oversee shipbuilding as presidential aide — Kremlin Spokesman

In 1974, Patrushev graduated from the Leningrad Shipbuilding Institute - currently known as the St. Petersburg State Marine Technical University

Trump suggests Kennedy Jr. as US secretary of health and human services

He assured that Kennedy Jr. will "end the Chronic Disease epidemic"

Businessmen in Germany, Russia again eager to interact more, says executive

Ulf Schneider expressed his gratitude to representatives of the Russian business community for their continued efforts to involve Western businessmen in work in Russia despite the challenging political climate

Presidential election in Abkhazia to be held within legal period — president

The country’s opposition said the election may take place in January 2024

Buran space shuttle celebrates 30th anniversary of milestone flight

The first and only launch of Buran space shuttle took place 30 years ago, on November 15th, 1988

Zelensky announces work on new action plan

In terms of weapons, the plan will focus on production in Ukraine and cooperation with partners

Crimean amateur astronomer discovers new comet in solar system

In April, the astronomer said that he had discovered a large asteroid with a diameter of about 200 meters, potentially dangerous for the Earth

54 countries vote against resolution on combating ne-Nazism

116 countries, including Azerbaijan, Algeria, Armenia, Belarus, Bolivia, Brazil, China, Cuba, Serbia, and Syria, supported the document

Russia to collaborate with Arab nations for Middle East de-escalation — diplomat

"A call was made to the international community to contribute to the achievement of this goal," Maria Zakharova added

France wraps up training of new Ukrainian brigade — minister

The brigade is equipped with French weapons

Trump to rely on forces that brought him to power — Russian presidential aide

Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

MOEX index falls below 2,700 points, first time since November 6

By 18:08 Moscow time, the MOEX index slowed down its decline and reached 2,700.51 points (-2.3%)

Western efforts to vilify Russia climax, Moscow fights back — MFA

"We are witnessing the culmination of the Anglo-Saxons' systematic efforts to vilify our country, exerted over decades, and maybe even centuries," Maria Zakharova said

Assassination attempt on Putin mentioned by Budanov prepared with US money — Russian MFA

"Yesterday one of chiefs of the Kiev regime Buganov openly admitted that the Ukrainian intelligence service prepared assassination attempts on the Russian president. This assassination attempt was again prepared with US money," Maria Zakharova wrote on her Telegram channel

Ukrainian losses: situation in Kursk Region

Over the day, the enemy lost more than 430 troops, ten tanks, two infantry fighting vehicles, 19 armored combat vehicles, 33 motor vehicles, one Anklav-N electronic warfare station

Russia elected to UN Committee for Program and Coordination

Apart from that, director of the Russian foreign ministry’s personnel department Andrey Ivanov, was approved as a member of the International Civil Service Commission in 2025-2027

Russian Marines destroy Challenger 2 tank with FPV drone in Kursk Region

Previously, the Russian Defense Ministry reported that the enemy lost 10 tanks in the Kursk region in the past 24 hours

Putin discussed Ukraine with Saudi crown prince — Kremlin

"The sides indeed touched upon the topic of the conflict. We have nothing more to say," Dmitry Peskov said

Two injured in bridge collapse in Crimea

"A car and a truck were on the bridge at the moment of collapse. Russian Emergencies Ministry rescuers retrieved two injured people," the ministry said

Russia to ensure parity in response to US missile defense system in Poland — Kremlin

Dmitry Peskov emphasized that by placing the missile defense system in Poland, the United States is bringing its military infrastructure closer to Russia in an attempt to curb its potential

Grossi oversteps authority by talking about freeze of Ukraine conflict — Russian MFA

The Russian diplomats also said that IAEA experts will stay at the ZNPP as long as Russia deems their presence there necessary

Swedish minister in charge of gender equality suffers from bananaphobia

The phobia is so strong that special precautions need to be taken before her meetings

Talks out of question: situation in Kursk Region

Over the day, Ukraine lost more than 400 servicemen and 29 armored vehicles

Russian forces liberate Voznesenka community in Donbass region over past day

Russia’s Battlegroup South inflicted roughly 655 casualties on Ukrainian troops and destroyed three enemy tanks in its area of responsibility over the past day, the Defense Ministry reported

Ukrainian intel officers in Syria to be eliminated as terrorists’ accomplices — diplomat

According to Alexander Lavrentyev, there are "in fact Russian troops stationed" in Syria

Court sentences ‘Russian Volunteer Corps’ members to life in prison in absentia

According to the investigation, the defendants, acting as part of a Ukrainian sabotage group, armed with firearms and explosives, illegally crossed the Russian border and infiltrated two settlements in the Bryansk Region, opening fire at civilian cars and people

Russia could return to international competition once new IOC chief elected — Tarpishchev

Seven candidates will vie for the IOC presidency at the organization’s 144th session in Greece between March 18 and 21

Su-57 fighter jet shows exceptional performance in Russia’s special op, senior official

A Su-57 multirole fifth-generation fighter jet (NATO codename Felon) was designed to eliminate all air, ground, and water surface targets

Violence against Kupyansk residents refusing to evacuate reported in Kharkov Region

The press service of the Military-Civil Administration of the Kharkov Region clarified that the Ukrainian militants view such people as traitors, "waiting for the Russians," so they are not entitled to either humanitarian aid or human dignity

Israeli anthem booed before start of football match in Paris

Prior to the event, leftist politicians and activists staged a protest at a square in Paris’ northern suburb of Saint-Denis

Ukrainian losses: situation in Kursk Region

Over the day, the enemy lost more than 450 troops, two tanks, three IFVs, two M113 armored personnel carriers, 33 armored combat vehicles, five artillery pieces, including a Krab self-propelled howitzer, a Crotale multiple rocket launcher, and 49 motor vehicles

Ukraine aims to call up 1 mln people in eastern areas by end of 2024 — official

According to the plan, 360,000 people are to be mobilized in October; 325,000 and 300,000 in November and December, respectively

European Commission gives ‘positive assessment’ for payment of 4.1 bln euros to Kiev

The commission concluded that Ukraine had satisfactorily fulfilled the nine agreed reform indicators for this payment

Kamala Harris’s campaign team continues fundraising efforts after election defeat — TV

Republican candidate Donald Trump defeated current US Vice President Kamala Harris, the Democratic Party’s contender, in the November 5 presidential election

Most Ukrainian soldiers drafted against their will, from rural areas

According to Miroslav Borisenko, there are "almost no" residents of major cities among the forcibly mobilized, although in 2022 the "social composition was entirely different" in the Ukrainian armed forces

Israel achieves its goals in conflict with Hamas, time to 'end the war' — Blinken

"Israel, by the standards it set itself, has accomplished the goals that it set for itself," the US Secretary of State noted

Erdogan praises Russia, China for backing arms embargo on Israel

According to the Turkish leader, Israel "will become more and more aggressive if arms and ammunition supplies continue"

Russian troops storm into Kupyansk outskirts in Kharkov Region — military expert

Troops from various Russian army units are engaged in battles in the outskirts of Kupyansk, Andrey Marochko said

Press review: Trump forms foreign policy team and Europe sets course for militarization

Top stories from the Russian press on Wednesday, November 13th

Russia's newest Su-57 fighter jet superior to China's new J-35 — test pilot

Sergey Bogdan emphasized that the newest Russian fighter was a "magnificent platform for a future generation of configurations, just as the Su-27 aircraft in its heyday"

Top diplomats from UK, France, Germany to discuss Ukraine’s future

Reuters wrote with reference to anonymous sources that the sides would also discuss what Trump’s return to the Oval Office could mean for the world

Third generation Ratnik combat gear to be displayed at Army-2019 in June

The company that developed the gear, has completed research and development for creating the Ratnik and shared the results with the Defense Ministry

Scholz promises to transfer sixth IRIS-T system to Kiev by yearend

Ukraine and Germany also discussed further defense cooperation

Iran will never try to build nuclear weapons, president tells IAEA chief

Masoud Pezeshkian accused the US of derailing the agreements around Iran's nuclear program

Musk doubles down on his opinion about 'endless war' in Ukraine

Earlier, the entrepreneur opined that the bloodshed in Ukraine would end soon

Baltic Sea will never turn into 'NATO lake' — Russian MFA

Maria Zakharova emphasized that the Baltic Sea "will always be a common space for all of the region’s countries without exception"

No plans for major government reshuffle after parliamentary election — Georgian PM

According to Irakli Kobakhidze, increasing national GDP by some $14.6 bln will be the Georgian Dream - Democratic Georgia ruling party’s goal for the next four years

Putin proclaims Odessa Russian city, challenges Ukraine's historical narrative

At the same time, the president noted that once upon a time "Vladimir Lenin gave away the whole of Ukraine when he created the Soviet Union"

Trump to end NATO’s obsession to get on Russian territory — White House ex-strategist

Steve Bannon noted that Trump’s MAGA (Make America Great Again) movement seeks to completely cut funding to Ukraine. According to Bannon, Europe, including Italy, will follow Trump’s lead, and, if "they [Europe and Italy] truly believe what they have been saying in recent years, they should be ready to pay"

Kremlin comments on possible return of Japanese, European cars to Russia

No official statements have been received so far from European automakers regarding the return to the Russian market, Dmitry Peskov noted

Climate policy should be based on common sense, not ideology — Orban

The Hungarian prime minister noted that the problem of climate preservation held a prominent place in the Budapest Declaration on the New European Competitiveness

Russia keeps building defense capacity despite conflict in Ukraine — Polish general

According to Wieslaw Kukula, if the conflict in Ukraine ends soon, Russia will be able to build up its defense capacity to the point that it could take on all of NATO

Most Russians believe survey results — pollster

According to VCIOM Director General Valery Fyodorov, 83% of respondents think public opinion polls are fairly necessary

Russian helicopters notable for high reliability — company

Russian helicopters in China are mainly used by the Ministry of Emergency Situations for aviation protection of forests, rescuing in earthquakes and elimination of consequences of natural disasters

Russia inks first deals to deliver Su-57 fifth-generation fighter to foreign customers

Alexander Mikheyev also explained the expectations and effect of the demonstration of Russian military hardware at Airshow China in Zhuhai

Trump to zero in on fragmenting BRICS, Ukraine to take back seat — expert

According to the political scientist Boris Mezhuyev, in all likelihood attempts to replace the presidents of Brazil and Venezuela, and pit India, Russia and China against each other are coming