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VTB posts 8.5% drop in IFRS net profit for 7M to $3.2 bln

As at July 31, 2024, the total loan book before loan loss provisions amounted to 23.4 trillion rubles ($256 bln), up by 1.3% in July and by 11.2% since the start of the year

MOSCOW, August 30. /TASS/. Net profit of VTB Group under International Financial Reporting Standards (IFRS) amounted to 297.9 bln rubles ($3.2 bln) in January-July 2024, which is 8.5% lower than in the same period in 2023, Russia’s second-largest lender reported.

The group’s net profit equaled 20.8 bln rubles ($227 mln) in July, down by 41.6% year-on-year. "The decrease compared to last year was caused by the presence of a significant one-off component in the results of the 1st half of 2023 in the form of a positive revaluation of the structural foreign exchange position. The group's RoE in July and 7M 2024 came in at 10% and 22.1%, in contrast to 20.4% and 31.0% respectively," VTB said.

As at July 31, 2024, the total loan book before loan loss provisions amounted to 23.4 trillion rubles ($256 bln), up by 1.3% in July and by 11.2% since the start of the year.

Kiev and EU open joint defense innovation office — Ukrainian Defense Minister

According to him, the so-called IT coalition of 13 countries has already attracted more than 70 million euros for the needs of Ukraine

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

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

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

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

Physicists from Russia to be banned from Large Hadron Collider from December 1 — Nature

At the same time, CERN will continue to work on projects already underway with about 270 employees of the Russian Joint Institute for Nuclear Research

Theft of Russian assets to nullify trust towards EU — MFA

Maria Zakharova pointed out that the European Union had lost independence

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

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

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

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

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

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

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

Russian prime minister approves list of countries imposing destructive attitudes

It includes the United States of America, the United Kingdom, Germany, France, Japan and other states

Lavrov says he agrees with Trump about destructiveness of sanctions for US dollar

The Russian foreign minister stressed that, despite the continued dependence of many economies on the dollar, the risk of this phenomenon has already been recognized

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

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

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"

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

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"

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

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

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

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

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

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

Zenkovich also addressed the US side

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

Russia is committed to Israel’s security, but not at others’ expense — Lavrov

The top Russian diplomat noted that he had good relations with many of his Israeli counterparts

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

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

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

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

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 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

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

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

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

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

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

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

Hezbollah attacks Israeli military headquarters in Ein-Zeitim

The statement said that the Shiite units conducted these operations in response to the Israeli Air Force strikes on Lebanese populated localities

Ukrainian troops attack two settlements in Russia’s Belgorod region, leaving no casualties

Governor Vyacheslav Gladkov added that in the settlement of Murom, the Shebekinsky district, the windows of a private house were broken out, the roof and fence were damaged due to a drone attack

Russian Federation Council Speaker calls detonations in Lebanon a 'heinous attack'

Valentina Matviyenko noted that Russia’s position regarding the ongoing escalation in the Middle East was "clearly stated by the Russian Foreign Ministry and the Russian Representative to the UN"

Over 6,200 Kursk Region residents evacuated from border areas over week

Around 11,000 people are currently staying in temporary accommodation centers across 32 Russian regions

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

Hezbollah fires anti-tank missiles at Israeli positions in Metula

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

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

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

Russia will not 'shoot itself in the foot' by halting gas supplies — Lavrov

According to the top Russian diplomat, for many decades, since the times of the Soviet Union, since the 1970s, Moscow has been establishing mutually beneficial cooperation in gas supplies

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

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

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 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

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

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"

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

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

Ukrainian servicemen captured: developments in Kursk Region

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

Russia wants no nuclear war — Lavrov

The foreign minister still assured that Russia possesses weapons "that will have serious implications for the handlers of the Ukrainian regime"

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

Russia fully ready to defend its interests in Arctic — Lavrov

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

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

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

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

Only Lebanese hospitals, kindergartens used exploded pagers — Iranian ambassador

Multiple explosions of communication devices occurred in Lebanon on September 17 and 18

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

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

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

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"

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

The Russian Aerospace Forces delivered a strike with a glide munition

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

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

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"

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

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

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

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

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

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

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

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

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

Russia deeply concerned by events unfolding in Lebanon — diplomat

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

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

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

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

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

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

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

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

Iran warns about pending response to Israel after Hamas leader Haniyeh’s killing

The head of Iranian Supreme Leader Ali Khamenei’s office slammed human rights activists for practicing double standards, when they are "silent while 41,000 Palestinians in the Gaza Strip, mostly women and children, have been killed by the cruel Zionist regime"

Hezbollah handing out pagers hours before their detonation — agency

The sources said that the Shiite movement did not have any specific suspicions about these pagers and their "checks had been part of a routine 'sweep' of its equipment to find any indications that they were laced with explosives"

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"

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

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

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

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

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"

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

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"

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."

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