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Lending in gold profitable for Seligdar now — holding’s president

The company’s debt is revaluated each year due to changing gold prices, though it is also being paid down, President and Chairman of the Board of Directors of Seligdar Alexander Khrushch said

MOSCOW, September 3. /TASS/. Lending in gold remains profitable for Seligdar now even amid growth of its prices thanks to the company’s hedging model, President and Chairman of the Board of Directors of Seligdar Alexander Khrushch said in an interview with TASS at the Eastern Economic Forum (EEF).

"If we take an approximate interest of coupon rate on our ‘gold’ bonds it is 5.5%, while with today’s rate of the Central Bank real interest rate is 21%. In this case, in comparison, for interest payments to become equal, the price of gold should be 10,000 rubles per gram. Our hedging model suggests that with rates varying strongly, even amid growth of gold prices lending in it remains more profitable," he explained.

The company’s debt is revaluated each year due to changing gold prices, though it is also being paid down, Khrushch added.

The Eastern Economic Forum is underway on the campus of the Far Eastern Federal University in Vladivostok on September 3-6, 2024. The main theme of the EEF this year is ‘Far East 2030. Combining strengths to create new potential’. Business activities are broken down into seven thematic blocks: ‘New contours of international cooperation’, ‘Technologies to ensure independence’, ‘Financial value system’, ‘the Russian Far East’, ‘People, education and patriotism’, ‘Transport and logistics: new routes’, and ‘Master plans: from architecture to economy’.

The Roscongress Foundation is the Forum’s organizer. TASS is the general information partner of the EEF.

Russia must respond to West’s banditry — Peskov on limiting raw materials exports

The Russian presidential spokesman also noted that possible restrictions on Russia's exports of strategic raw materials will be done with caution so as not to harm the Russian economy

UK to be remembered in history as sponsor of Ukrainian terrorists — Russian embassy

The Russian diplomatic mission said that "in an attempt to overcome their clients’ negative developments on the battlefield, the UK government seems to be close to stepping onto a yet another dangerous turn in the escalation spiral."

Russia communicates messages to US to avert uncontrollable crisis — senior diplomat

Communication with the United States is conducted through embassies and occasionally at other levels, Sergey Ryabkov said

BRICS security leaders convene in St. Petersburg to discuss new world order

According to the preliminary agenda, the representatives of the BRICS group, chaired this year by Russia, intend to talk about how to work together to counter the "rules-based order" imposed by the West

Severing diplomatic relations with UK out of question — Kremlin

Earlier, an anonymous representative of the Russian security services said that six UK diplomats had been expelled from Russia

North Korea’s Kim lauds relations with Moscow as rapidly developing at meeting with Shoigu

"He gave his assurances that the North Korean government will continue to expand cooperation with Russia in the spirit of a comprehensive strategic partnership," the state-owned radio broadcaster said

New Russian combat equipment in 2024

Storm Shadow missile strikes into Russian territory not to help Ukraine win — BBC reporter

According to Jeremy Bowen, if Ukraine is allowed to hit Russia with Western missiles, it might add another layer to the conflict and certainly give the Ukrainians another means to hit Russia with, but it will not bring Ukraine victory in the war

German jets scrambled over Baltic Sea over Russian Tu-142, Su-30 planes

Such mutual checks are mostly routine

Gas supply by Gazprom for Europe through Ukraine totals 42.4 mcm via Sudzha

The nomination for the Sokhranovka gas pumping station has been rejected

Developer states constant upgrade of Forpost UAV based on its use in special military op

According to the developer, the Forpost was developed to solve reconnaissance and strike tasks in conditions where the enemy does not have a highly organized air defense system, and within the Air Defense Forces the system is used where there is no enemy counteraction

Georgia to apologize for war that Saakashvili started against Ossetians — ruling party

Bidzina Ivanishvili said that the ruling party needs to get a constitutional majority in the new parliament in order to put Saakashvili's party on trial for unleashing the 2008 war

Iran confirms president’s participation in BRICS summit in Kazan — envoy to Russia

Mr. Pezeshkian, president of the Islamic Republic of Iran, will take part in the summit in Kazan

Iranian embassy says Sky News report on missile deliveries to Russia speculative fiction

"No evidence of missiles being loaded or unloaded, and the location isn’t even specified," the embassy said

Putin’s views close to Myanmar, partnership between states to expand — republic’s minister

Our diplomatic cooperation has been developing for 76 years, the country’s Minister for Information said

TASS celebrates its 120th anniversary in Bolshoi Theater

At start of the event, the news agency’s staff and veterans were congratulated by Russian President Vladimir Putin

Sweden cannot accept world data on stability of Russian economy — Foreign Ministry

"Sweden is worried that for some reason sanctions are not working and that 'Russian propaganda is lying about the stability of the Russian economy'," Maria Zakharova said

Putin always deliberate in choosing response to West’s actions — Kremlin

Russian experts discuss tough options among other things, Dmitry Peskov added

Media people from global majority to gather at BRICS Media Summit in Moscow

Panel discussions will cover the role of the BRICS media community in bolstering stability in a multipolar world

Russian forces consolidating gains near Kupyansk, military expert says

"After successful operations in the Kupyansk direction, our troops, let’s say, are consolidating gains and tightening up their flanks," Andrey Marochko said

Putin meets with BRICS representatives on security in St. Petersburg

After the meeting with them, bilateral talks with some of the visiting BRICS representatives are also possible

Rhetoric about lifting ban on strikes into Russia with Western arms doesn’t promote peace

Ukraine will be among the items high on the agenda of UN Secretary General Antonio Guterres' various bilateral meetings

Hungary has more unexpected peace initiatives on Ukraine in stock, PM Orban says

Budapest plans to "continue to have unexpected initiatives that will each take us one step closer to peace," the Hungarian Prime Minister said

Myanmar would like to become BRICS observer country — republic’s information minister

We are poised for cooperation with the integration as an observer country, Minister for Information said

US seeks to drive wedge between Russia, Argentina — ambassador

The US accused RT television and Russia in general of attempts to ‘destabilize’ the government of Argentinian President Javier Milei, but Russia has never intervened into sovereign affairs of other countires, Dmitry Feoktistov said

Zelensky urges US congressmen to speed up arms deliveries for his troops

In Ukrainian President words, "any delays in military [aid] deliveries have a negative effect on the front"

White House taking Putin’s words about NATO’s involvement in Ukrainian conflict seriously

Earlier, Russian President Vladimir Putin said that by allowing Ukraine to use its weapons to strike deep inside Russia the West will get directly involved in the Ukrainian conflict

BRICS is not a platform for settling political scores — Russian Deputy Foreign Minister

The Deputy Foreign Minister stressed that the platform is designed to "be closer to people, closer to normal life, to healthy values"

NATO has been prepping Ukraine for war with Russia for eight years, Ukrainian POW says

It is noted that the Ukrainian media outlets have been deliberately shaping Russia’s negative image

Zelensky says Biden responsible for his ‘peace plan’

The Ukrainian president said that he was unable to fully disclose his initiative because he had given his word to the American president

Press review: BRICS challenges existing security concepts and Europe's economy in trouble

Top stories from the Russian press on Friday, September 13th

Finland’s territory not to be used to attacks against Russia — General Staff

Finnish Defense Forces General Staff noted that it monitors the situation around the attack of Ukrainian drones in the Murmansk Region

Putin's statement on consequences of strikes deep into Russia reaches addressees — Kremlin

Dmitry Peskov pointed out that Putin's statement admitted of no dual interpretations

Bus accident in Egypt leaves 46 people wounded, including 21 Russians — newspaper

They were taken to hospitals

Egyptian Foreign Minister will visit Russia on Sunday

Egypt and Russia are preparing to sign a number of bilateral agreements, Ambassador of Egypt to Russia Nazih Nagari told TASS on the sidelines of the BRICS Media Summit

Kazakhstan still ready to act as intermediary in Russia-Ukraine talks — MFA

Kazakhstan considers it necessary to observe the principles of the UN Charter on countries’ territorial integrity, the official noted

US not ready for dialogue with Russia on Ukraine, Russian ambassador says

"The Americans are unwilling to negotiate. They are uncomfortable discussing that. They say they do not control the Ukrainians," Anatoly Antonov said

US imposes sanctions on Rossiya Segodnya media group, TV-Novosti, Eurasia NGO

Restrictions are also imposed on Eurasia NGO Director Nelly Parutenko

German chancellor calls for unbiased investigation into Nord Stream sabotage

"It was a terrorist attack," Olaf Scholz told

More rallies demanding release of Israeli hostages from Gaza held in Israel

They were chanting slogans in support of Israel, and carried Israeli flags

No weapon can become game changer for Kiev — Pentagon

In Washington’s opinion, Ukraine should focus on employing capabilities currently at its disposal

New Egyptian Foreign Minister plans to discuss Palestinian-Israeli conflict with Lavrov

We pay a lot of attention to bilateral relations and joint projects, Ambassador of Egypt to Russia said

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."

Trump’s plan on Ukraine envisages demilitarized zone, Kiev’s neutrality — running mate

Apart from that, "the Germans and other countries have to fund some Ukrainian reconstruction", David Vance said

Russian diplomat slams plans to simulate nuclear blast aftermath in Russia as absurd

Mikhail Ulyanov noted that such rhetoric is irresponsible

BRICS Media summit participants to adopt final declaration

The event will be attended by heads of media outlets and government officials from Venezuela, India, Iran, Russia and Switzerland

Russia’s continued offensive and Ukraine’s losses in the Kursk region

Press review: UK may jettison Russian sanctions and Berlin eyes olive branch on Ukraine

Top stories from the Russian press on Tuesday, September 10th

Bank of Russia’s chief names main disadvantages of high inflation for Russia

Elvira Nabiullina stressed that high inflation meant greater price volatility

Moscow’s verbal signals to West about escalation need to be changed — senior diplomat

Ryabkov called on "the political and military leadership of Russia's opponents to weigh the severity of the consequences that could arise as a result of their irresponsible, extremely dangerous actions."

Russia expects explanation from Turkey about Azov commanders’ return to Kiev — Kremlin

Dmitry Peskov noted that the Russian and Turkish foreign ministers had already held a telephone conversation on this issue and "there is certainly more contact to follow at other levels as well"

Russia, Turkey disagree on Crimea’s status, Moscow keeps persuading Ankara — Kremlin

"We hope that over time this will allow Ankara to understand us better and to agree with our arguments," Dmitry Peskov explained

Russian envoy says he received calls from US ex-officials following Putin’s statements

Earlier Russian president warned that a potential decision to allow Ukraine to deliver long-range strikes inside Russia may have consequences

Russian air defenses shoot down Ukrainian drone above Ryazan Region — ministry

Air defense units on duty destroyed the Ukrainian drone above the territory of the Ryazan Region

US not to be able to sit nuclear conflict in Europe out — Russian ambassador

Russian Foreign Minister Sergey Lavrov said earlier that nuclear terrorists is the Kiev regime’s hallmark

Scholz says he won’t allow Ukraine to use German weapons for strikes deep inside Russia

According to the chancellor, permission for Ukraine to strike deep inside Russia would be a problem and he won’t allow that

Russian aviation hit formations of 7 Ukrainian brigades in Kursk region — Defense Ministry

It also struck reserves of 11 brigades in the Sumy region, the ministry reported

New names may emerge in Crocus City Hall terror attack investigation

One of the suspects, Mukhammad Zoir Sharipzoda, "may contact other unidentified co-conspirators in the crime" if he is not placed in pretrial custody

Plane with 103 Russian POWs lands near Moscow

They were swapped for 103 Ukrainian POWs

Netherlands unable to send Patriot system to Ukraine after unnamed ally leaves it hanging

In June, the Netherlands announced that it and an ally had teamed up to jointly provide Ukraine with a Patriot air defense system

Russia will not tolerate activities of undeclared British secret service officers — MFA

"Our uncompromising stance on this issue will be formulated in accordance with the interests of national security," Maria Zakharova stated

Moscow knows the West has already decided to strike deep into Russia — senior diplomat

"The President spoke very clearly on this topic. We know that the corresponding decisions were made some time ago, and signals of this kind have been transmitted to Kiev," the high-ranking diplomat said, answering a question on the matter

Moscow views transfer of Russian aircraft to Ukraine by Portugal as hostile move — MFA

According to Maria Zakharova, it is evident that in this way Lisbon "is seeking to faithfully demonstrate its allied zeal and obedient compliance with the trajectory imposed on the Europeans by their handlers from across the ocean"

West afraid to even discuss interception of Russian missiles over Ukraine, Zelensky admits

Vladimir Zelensky noted that Western states did discuss ensuring Israel’s air defense during the Iranian attack on April 13, but they refuse to make the same steps for Ukraine

West's decision to attack deep into Russia won’t change situation on front — commander

"For us, nothing will change directly on the front, because the front is moving and will continue to move until Russia wins," Apty Alaudinov emphasized

Anti-Trump Republicans gather $35 million for his rival Harris

Experts interviewed by Newsweek believe that longtime Republicans who openly campaign against Trump could sway portions of the electorate in tight battleground states

Over 20 country leaders confirm participation in BRICS summit in Kazan — senior diplomat

Russia assumed the one-year rotating chairmanship of the BRICS intergovernmental group on January 1, 2024

G7 demands that Iran halt alleged transfer of missiles to Russia

Moscow and Tehran have repeatedly rejected theories of Iranian arms deliveries to Russia for use in Ukraine

Six UK diplomats working in Moscow engaged in intelligence, subversive activities — FSB

"The revealed facts give grounds to consider the activities of UK diplomats sent to Moscow by the Directorate as a threat to Russia’s security," the report said

Musk warns of looming World War Three if US approves strikes on Russian soil

Russian Deputy Foreign Minister Sergey Ryabkov said that Washington’s intention to let Kiev use its long-range projectiles for strikes deep into Russia’s interior is another step in escalating the conflict

Russia’s National Guard wipes out 5 Ukrainian strongholds in borderline Kursk Region

It is noted that its units in Russia’s borderline Kursk Region continue to detect and eliminate the camouflaged positions of Ukrainian military personnel and hardware

Over 280 port infrastructure facilities in Ukraine destroyed or damaged — official

The Nikolayev and Odessa regional authorities periodically report port infrastructure and warehouse damage and Kiev calls for strengthening the country’s air defense

Bank of Russia confirms resumption of consultations with IMF

Head of the regulator Elvira Nabiullina said that it is "a routine, permanent practice for all IMF members"

Houthi leader says US strikes fail to stop attacks on ships

According to al-Houthi, at least 24 strikes were carried out last week on the provinces of al-Hodeidah, Ibb, Marib, Saada and Taiz

Russian forces destroy two Ukrainian Su-27 fighter jets in 24 hours — defense ministry

The Russian Aerospace Forces downed two Su-27 fighter jets of Ukraine’s air forces in 24 hours

Russia waits for US to explain how warfare agent got in hands Ukrainian troops — diplomat

"The Russian side thoroughly registers chemical incidents evidencing that Ukraine violates its commitments under the CWC," Vasily Nebenzya said

Ukraine has highest mortality rate in world — report

Earlier, the Opendatabot resource, which monitors Ukrainian state registers, reported that now for every person born in Ukraine, three people die

Kiev switches mercenaries to Kupyansk to hold back advance of Russian forces — expert

The expert specified that the Ukrainian national battalions near Kupyansk "are engaged in their traditional activities", playing the role of a "deterrent" - barrier detachments

Russia must respond to West's banditry — Peskov on limiting raw materials exports

We need to respond to — not just unfriendly, but thuggish — actions against us, he said

Russian cosmonauts Kononenko and Chub mark one year in space

The two cosmonauts were sent to the orbit aboard the Soyuz MS-24 manned spacecraft, which blasted off from the Baikonur space launch center on September 15, 2023

NATO making plans of sending its troops to Ukraine — Russian deputy defense minister

According to Alexander Fomin, this may lead to a direct military confrontation of nuclear powers

Attacks with Western weapons on Russia can backfire on NATO — expert

"It may even come to nuclear strikes, but I hope this won't happen," Sergey Karaganov said

Russian arms get the job done in special op — senior military official

Alexander Fomin noted that "Western weapon systems, purportedly possessing some high performance characteristics, according to promotional ads, burn perfectly well on the battlefield without any chances for restoration"

Putin hopes BRICS Media Summit will strengthen group

Moscow is hosting the BRICS Media Summit from September 13-17

Air defense shot down UAV in Russia’s Belgorod region, one person was injured — Governor

The Governor added that the roof of the building of the industrial enterprise was damaged

Proposal to limit titanium, nickel exports not related to arms supplies to Kiev — Kremlin

No details on how the initiative of Russian President Vladimir Putin on restricting titanium and nickel exports will be implemented are available yet, Kremlin Spokesman Dmitry Peskov told reporters

Biden to focus on support for Ukraine at end of his term in office — White House

Jake Sullivan reiterated that Biden will meet with Ukrainian President Vladimir Zelensky on the sidelines of a UN General Assembly

Russian air defenses destroy 29 Ukrainian drones over seven regions overnight

During the past night, the Kiev regime’s attempted terrorist attack on facilities in Russia with the use of fixed-wing unmanned aerial vehicles was thwarted

Biden tells reporters he doesn’t think much about Putin

The Russian leader told the media earlier that NATO countries are not just debating about Kiev's possible use of Western long-range weapons but rather they are essentially making up their mind whether to get directly involved in the Ukraine conflict or not

German chancellor calls for unbiased investigation into Nord Stream sabotage

"If we manage to catch them, we want to try them in Germany," Olaf Scholz said

Ukraine’s failed attack on drilling rig may be sign of infighting in its military — expert

According to Vasily Prozorov, the attack might be a result of infighting between Kirill Budanov and Alexander Syrsky

Ukrainian breakthrough attempts repelled: developments in Kursk Region

Over the day, the enemy lost up to 300 troops and seven tanks, the Russian Defense Ministry reported

Drug supplies to Ukrainian army come from US — POW

It is reported that under some psychotropics a person can stay awake for a week

Senior Russian diplomat sees BRICS as model for equitable communication between countries

According to Ryabkov, years of joint work in BRICS created "a special culture of dialogue"

Russia to see NATO’s permit to use long-range weapons as direct involvement in war

According to the Russian diplomat, such a scenario would cardinally change Moscow’s relations with Western countries

Countries need to grasp consequences of hosting US military bases — Foreign Ministry

Maria Zakharova cited Germany, which portrays itself as a democratic state with a well-developed legal system, as an example

Ukrainian forces lost up to 520 troops in Battlegroup West zone of responsibility

The enemy also lost six vehicles, a UK-made 155-mm Braveheart self-propelled howitzer, two 122-mm Gvozdika self-propelled howitzer and two electronic warfare stations

Russian aviation defeats reserves of seven Ukrainian brigades in Sumy Region

Russia’s response to long-range weapons supplies to Kiev will be brutal — MFA

"The opponents in Washington, London, and other places clearly underestimate the degree of danger of the game they continue to play," Deputy Foreign Minister of Russia Sergey Ryabkov said

Russia and Egypt preparing to sign several documents — Ambassador in Moscow

The preparation of such documents is underway, but they will not necessarily be signed at the BRICS summit in Kazan

BRICS nations’ media to facilitate construction of fair world order — declaration

Participants from BRICS countries will facilitate the construction of a fair and equal multipolar world order based on the norms of international right and principles of equality, respect of sovereignty, non-interference in the internal affairs and indivisible security using their information resources