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

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

ECB lowers base interest rate to 3.65% per annum from 4.25%

The regulator notes that the incoming inflation data in the eurozone are in line with the ECB's expectations and the forecasts presented in June

MOSCOW, September 12. /TASS/. The Governing Council of the European Central Bank (ECB) has decided to lower three key interest rates, as follows from a statement published following a meeting of the regulator's Governing Council.

The base interest rate has been lowered from 4.25% to 3.65% per annum, the deposit facility rate is now 3.5%, and the ECB short-term loan rate is 3.9%.

"Based on the Governing Council’s updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to take another step in moderating the degree of monetary policy restriction," the statement says.

The regulator notes that the incoming inflation data in the eurozone are in line with the ECB's expectations and the forecasts presented in June. Thus, the average price growth in 2024 will be 2.5%, in 2025 - 2.2%, and in 2026 - 1.9%. The core inflation forecast for 2024 and 2025 was slightly revised upwards, but ECB experts still expect a rapid decline in the indicator from 2.9% this year to 2.3% in 2025 and 2% in 2026. At the same time, the economic growth forecast was revised downwards. According to it, GDP in the eurozone will grow by 0.8% in 2024, to 1.3% in 2025 and 1.5% in 2026.

"Financing conditions remain restrictive, and economic activity is still subdued, reflecting weak private consumption and investment," the ECB says.

Bitcoin price hits fresh all-time high exceeding $77,000

By 10:45 p.m. Moscow time the Bitcoin price had extended gains trading at $77,109

Russia to build new aircraft carrier no sooner than 2030 — expert

No less than a decade will be required to build it, given favorable conditions, the expert said

Israel not to tolerate threats similar to events in Amsterdam — Netanyahu

Previously, the Israeli media reported that at least 10 Israelis were injured in the attack in Amsterdam, which took place after the UEFA Europa League match between Ajax and Maccabi

Tens of thousands to march 'on Washington' ahead of Trump's inauguration — newspaper

In January 2017, before the beginning of Trump's first presidential term, hundreds of marches of various sizes took place in many US cities, including Chicago (Illinois), Boston (Massachusetts), New Orleans (Louisiana), Miami (Florida), and Denver (Colorado)

West brought situation to coup in Ukraine, forced Russia to begin special op – Putin

The West needs to rip Russia and Europe apart, especially Russia and Germany, France, Russian President said

Russian diplomat says White House likely works to cover up corrupt deals in Ukraine

"It is remarkable that US Department of State Inspector General Cardell Richardson was sent to Ukraine on November 4 to inspect the transparency and accountability of how it spent aid from across the ocean under the guise of supporting Kiev's Euro-Atlantic aspirations," Maria Zakharova said

Putin reaffirms Russia's stance at Valdai Forum, signals readiness for US ties — expert

According to Alexander Dynkin, the Russian leader gave his assessment "on all key issues of the international agenda"

G20 parliamentary speakers don't mention Ukraine in final document — Russian senator

According to Konstantin Kosachev, this means that lawmakers "are capable of paying attention and dedicating their efforts to far more serious and important issues on the current international agenda"

US military base in Syria attacked by Iraqi Shiite units

Witnesses say that the Shiite units that are fighting on the part of the Syrian government army used kamikaze drones to attack the US base

Ukraine’s army chief preparing troop retreat from Kursk area — lawmaker

Maryana Bezuglaya also proposed that Syrsky himself stay in the Kursk Region

Zelensky to try to rebrand himself as peacemaker after Trump's victory — politician

Viktor Medvedchuk explained that no one asks Zelensky's opinion anymore

Ukraine terminates air service agreement with Iran

Ukraine’s decision means that after it opens its airspace, flights to and from Iran will not be resumed

Putin congratulates Trump on his election as US president at Valdai Forum

We will work with any head of state who is trusted by the American people, Putin said

Exporters increase currency sales by 21% in October — Central Bank

At the same time, the ruble continued to weaken due to the recovery of import volumes with a stable level of exports in October

EU must achieve unity to survive — Borrell

It is reported that the EU must develop its own capabilities, including in defense

European countries often lack competence for making wise decisions – Putin

This applies to the green agenda as well, Putin continued

US to pressure Europe, which may turn to Minsk, Moscow — Belarusian leader

The Belarusian president did not rule out that in the future, the EU might unite and begin collaborating with Belarus and Russia

Ukrainian lawmaker calls on Zelensky to step down

According to Artyom Dmitruk, Vladimir Zelensky's resignation "would be the best gift for millions of Ukrainians and the entire country because the deaths would stop"

Putin describes NATO as world’s only remaining bloc, ‘outright anachronism’

According to him, Russia has repeatedly pointed to the destructive role that the bloc played after the collapse of the Soviet Union and the Warsaw Pact

Kazakhstan receives invitation to become BRICS partner country — Lavrov

Moscow is interested in developing various forms of interaction with Astana, the top Russian diplomat said

Russian troops destroy group of foreign mercenaries in Kharkov area

Two militants sustained wounds incompatible with life and one militant was hospitalized in severe condition, Andrey Marochko specified

Russian Mi-28NM helicopter crew destroys Ukrainian stronghold in Kursk Region

The Russian Defense Ministry noted the combat mission was aimed at providing support to ground troops

US defense contractors in Ukraine to repair F-16s, Patriots — TV

According to the official, these contractors will be located far from combat operations areas

EU’s Borrell to travel to Ukraine in upcoming days to discuss aid for Kiev

According to the EU high representative for foreign affairs and security policy, the European Union must help Ukraine, regardless of what is happening in the United States

Russia’s inflation slows down to 0.19% on October 29 – November 5

Since the beginning of November consumer prices in Russia have increased by 0.12%

Trump’s readiness to resolve Ukrainian conflict overnight is overstatement — Peskov

Kremlin spokesman added that if the new US administration "will be eyeing peace instead of conflict," it will certainly do better than its predecessors

Battlegroup West’s artillery destroys Ukrainian MLRS Olkha — Russian Defense Ministry

After analyzing the intelligence received, a decision was made to destroy the enemy's combat vehicle, the report said

US-China trade up by 2.8% to $564.17 billion over Jan-Oct 2024 period — customs service

Chinese supplies to the United States increased by 1.2%

Americans’ support for Trump reflects desire for reforms in government, says Musk

Voting in the US elections concluded on the morning of November 6 (Moscow time)

Kremlin redirects question on DPRK troops in special op area to Defense Ministry

Russian President Vladimir Putin recently commented on the satellite images published by Seoul, which allegedly indicate the presence of North Korean military personnel in Russia, calling them "a serious matter"

Russian troops seize section of Seversky Donets-Donbass canal

Additionally, the division reported eliminating several dozen Ukrainian armed forces personnel

Europe unable to finance Ukraine conflict without US — Hungarian PM

According to Viktor Orban, "the number of people who think they need to adjust to the new circumstances is rising"

Putin's speech at Valdai Discussion Forum this year lasts twice as long as last year's one

On average, the plenary session of the Valdai International Discussion Club, including Vladimir Putin's speech and answering questions, lasts about three hours

Trump sees possibility of talks with Putin

The president-elect went on to say that he had already talked to approximately 70 world leaders

Putin says West supported al-Qaida when it fought against Russia

According to Putin, Russia’s goal at the time was to use all means to hold the country together

Russian troops cut off Zaporozhye-Kurakhovo highway — official

Previously, press officer of Ukraine’s 33rd Brigade Nazar Voytenkov said on Ukrainian Liberty (deemed foreign agent and undesirable in Russia) that Ukrainian forces may get surrounded under Kurakhovo on the Kiev-controlled part of the Donetsk People’s Republic

Russia ready for talks, immune to pressure — Putin

"This is what we have called and are still calling on all participants in international communication to do," the president went on to say

Number of people injured in Ukrainian attack on Kursk Region rises to 364

A total of 7,164 people, including 1,493 children, are staying at 96 temporary accommodation centers in the Kursk Region

Putin's speech at Valdai Forum gives a chance to end Ukrainian conflict — expert

"It has long been known about [the conditions for ending the conflict, which include] Kiev’s neutrality, determination of Ukraine's new borders along the division line, maybe with taking our new regions into account," Alexander Dynkin noted

Kremlin spokesman keeps quiet when asked if Russia to be present at Trump's inauguration

Officially, the results have not yet been summarized, but according to US media, Republican Donald Trump, who held the presidency in 2017-2021, won about 300 electoral votes, thus exceeding by far the necessary minimum of 270

Russia to send Cuba diesel fuel and equipment worth $62 mln in aid

Deputy Prime Minister Dmitry Chernyshenko added that Russia will send repair kits for damaged power equipment

Local who transferred data about Russian military facilities to Ukraine nabbed in Crimea

A criminal probe has been launched

Stupinets fast attack craft to be handed over to Russian Navy in 2025 — source

The main strike weapon of the Project 12418 fast attack missile boat is the Uran anti-ship missile system fitted with Kh-35 missiles

IN BRIEF: What President Putin told the Valdai discussion club

TASS has compiled a summary of the Russian leader’s remarks

Air balloon capable of increasing FPV drones’ range to 40 km to be tested in combat zone

The plan is to use the balloon to distribute a signal from a repeater so that drone operators can see farther and the vehicles can fly farther, the product’s engineer said

Trump to appoint campaign manager Wiles as his chief of staff

Susie Wiles became the first female chief of staff in US history

Arctic master plans due to be approved in early 2025 — minister

Earlier, the minister reported work on determining funding sources for the Arctic master plans, where two-thirds would be off-budget funds

Russia not to mess around if Japan returns to cooperation – Putin

He underscored that Russia is ready to build relations with Japan "both for the next 5 and for the next 50 years"

Warsaw gave Kiev all it could, Ukraine has no right to complain — Polish Defense Ministry

On October 31, during a meeting with the heads of territorial communities and districts in the Zakarpatye Region, Vladimir Zelensky criticized Poland for its reluctance to deliver the promised MiG-29 fighter jets to Ukraine despite prior agreements

Countries of collective West virtually live on credit — Shoigu

"An increasing number of countries are abandoning the dollar and the euro as instruments of mutual payments," the Russian Security Council secretary pointed out

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

IN BRIEF: What is known about aftermath of drone attack on Russia’s Saratov

First responders and representatives from the local administration were dispatched to the site of the incident

Western plot to strategically defeat Russia failed — Shoigu

It is noted that the countries where color revolutions, supported by the West, took place had experienced "decreased living standards, weakened economic potential, the uncontrolled drain of capital and resources, and, in the worst-case scenario, the country becoming an instrument for implementing the interests of Western elites"

Putin doesn’t expect Trump to offer alliance against China

Putin said he believes that Trump realizes that this issue is "very far from the realities in which we live"

Democrats blame Biden for Harris’ election loss — report

The party "needs a complete reboot," hedge fund manager Bill Ackman said

Press review: Trump’s victory stuns investors while Russia’s economy holds strong

Top stories from the Russian press on Thursday, November 7th

Soros family makes deal with Kiev to use Ukrainian land as toxic waste dump — journalist

"This agreement authorizes the disposal of chemical waste from companies linked with financier George Soros in the black soil of Ukraine," he said

Change of power in US increases likelihood of military coup in Kiev, expert says

According to Vyacheslav Smolenko, under the new administration, circles associated with the Democratic Party will remain sidelined in the United States

Putin expects next 20 years to be even more difficult

"Experts point to the threats stemming from new regional conflicts, global epidemics, the complicated and controversial ethical aspects of interaction between humans and artificial intelligence, as well as to the way traditions and progress go together," the head of state noted

Russia pounds Ukrainian military-industrial sector, army, mercenaries’ sites over week

Russia’s Battlegroup South repelled 11 Ukrainian army counterattacks and inflicted more than 4,420 casualties on enemy troops in its area of responsibility over the past week, the ministry reported

Russian troops overtake forest belt, railway station in Kupyansk advance — military expert

Russian forces also expanded the liberated area north and south of Kruglyakovka and took over the Skorostnoi railway station, Andrey Marochko specified

FACTBOX: What we know about collapse of ruling coalition in Germany

The German chancellor said he would call for a confidence vote on January 15, 2025, in the Bundestag, which could trigger a snap election before late March

No casualties or damage from downed drones in Voronezh Region — official

The official noted that last night, a Russian air defense system intercepted six UAVs in the skies over the Voronezh Region

China-US relations in line with interests of both countries, says Chinese leader Xi

Xinhua also reported that the Chinese President Xi "expressed the hope that the two sides will uphold the principles of mutual respect, peaceful coexistence and win-win cooperation, strengthen dialogue and communication, properly manage differences and expand mutually beneficial cooperation"

Russia open to dialogue on Ukraine, but this does not change special op goals — Kremlin

"Putin has repeatedly spoken about openness to dialogue with all interested parties and all those who can contribute to the settlement of this conflict," Dmitry Peskov noted

BRICS summit showed Russia not isolated, Congo's foreign minister says in Russian

Jean-Claude Gakosso welcomed "Russia's diplomatic success on the international stage"

Nearly 20% Ukrainian servicemen gone AWOL from battlefield — The Economist

According to the journal’s estimates, Kiev may face acute shortages of personnel and ammunition within about six months

Elon Musk takes part in Trump-Zelensky phone call — Axios

The Republican reportedly promised to continue supporting Ukraine, but the sides did not delve into such details as Trump’s purported plan to end the conflict

Russians win four gold medals on opening day of World Sambo Championships

The World Sambo Championships are held on November 8-10

Russian Goryachkina wins FIDE Grand Prix stage in Kazakhstan

The FIDE Grand Prix series consists of six stages, which determine the two best chess players to qualify for the Candidates Tournament in 2026

US election outcome of no importance for Russia — senior lawmaker

Valentina Matviyenko called for focusing on Russia’s domestic affairs instead of placing too much emphasis on the US election

Russia dealing with tragic consequences of Soviet foreign policy of mid-1980s — Putin

He pointed out that in the middle of the 1980s, the Soviet Union had called for ending ideological confrontation, overcoming the legacy of the Cold War, and removing the barriers preventing common integration and universal development

Russian, Ukrainian ombudspersons meet in Belarus

Russian Human Rights Ombudswoman Tatyana Moskalkova noted that the sides "discussed further humanitarian cooperation in providing assistance to civilians, including efforts to locate those missing"

Trump vows to settle conflict in Ukraine before his inauguration

He also pledged to prevent World War Three

US engages in policy of dual deterrence on Russia, China – Putin

In Putin’s opinion, Washington views China’s economic growth as a threat to its global dominance

Russia will win struggle for multipolar world — North Korean Foreign Minister

The "traditional relations of Korean-Russian friendship" are currently experiencing a new golden age thanks to the "sincere comradely relations" between Russian President Vladimir Putin and North Korean leader Kim Jong Un," Choe Son-hui said

US companies can return to Russian market if so desire — Putin

"We see there are certain signals coming even from the US companies that they want to return to our market," the president said. "Let them return but certainly in new conditions, with losses, naturally; it was not actually our fault," Putin added

Trump’s proposed peace plan for Ukraine sparks alarm in Kiev — newspaper

According to Corriere della Sera, the demilitarized zone could be patrolled by European troops, who would also be assigned the task of defending Ukraine, with US weapons supplies continuing

Hezbollah attacks Israeli air base near Tel Aviv

According to the statement, the training camp of an Israeli airborne brigade in the Carmel settlement in the western Galilee came under missile attack

Russia proposes tech solutions to Africa's water shortage problems — senior diplomat

According to Alexander Pankin, Russia offers "competitive purification and water-saving technologies, know-how in the field of irrigation in agriculture, and crops that give heavy yield with less water consumption"

Ukrainian military to blow up experimental nuclear reactor at Kharkov Institute — ministry

The Russian Defense Ministry noted that "on March 6, foreign journalists arrived in Kharkov to register the consequences of the provocation, followed by accusing Russia of creating an environmental disaster"

Press review: Trump’s foreign policy reshapes alliances while Germany’s coalition crumbles

Top stories from the Russian press on Friday, November 8th

Russia open to countries ready to build relations in multipolar world — senior official

Sergey Obryvalin noted that Russia "is not trying to use sectoral dialogue platforms as an arena for political machinations to distort the truth"

IN BRIEF: What is known about new UK sanctions against Russia

The British authorities have imposed restrictive measures against the Afrika Corps paramilitary organization, allegedly linked to Russia

US lifts ban on sending US contractors to Ukraine to service US-made weapons

According to Reuters, a small number of US defense contractors will be located far from combat operations areas and will not engage in fighting

Houthis say they hit Israeli base with hypersonic missile

The movement’s military spokesperson said that "the Yemeni armed forces conducted a military operation and attacked the Nevatim Airbase in Negev"

Russia, China, countries of global South seek just world order — Putin

"We will do everything to prepare relevant decisions on the basis of consensus, customary in our relations," the Russian leader stressed

Data on recon drone base in Finland near Russian borders must be verified — Kremlin

"If you recall their statements when they were joining NATO, they said that Finland will not deploy any elements of military infrastructure near our borders," Dmitry Peskov said

Putin grants Russian citizenship to Finnish human rights activist

Johan Backman has defended the rights of the Russian-born families, whose children were taken away by the Finnish authorities, and has participated in many international conferences on the outcome of World War II

FACTBOX: Developments in Kursk Region: Russian advance, Ukrainian losses

The battlegroup North repulsed 11 enemy counterattacks toward the settlements of Daryino, Zeleny Shlyakh, Malaya Loknya, Nikolayevo-Daryino and Novoivanovka

India should be added to list of global superpowers – Putin

At the same time, Putin said some other countries are showing rapid development as well

Azerbaijan’s president blames Western powers for provoking Armenia into conflict

Ilham Aliyev emphasized that he had repeatedly tried to explain the need to resist such provocations during his official speeches and talks with the Armenian side

Kiev conceals true casualties from Russian strike on Motor Sich Factory

Vladimir Rogov emphasized that all the victims were involved in the production of drone components

Russia to raise wheat export duty to $26.32 per ton from November 13

The duty on corn will increase to $33.69 per ton

Trump’s leadership key to quick resolution of Ukraine conflict, says Erdogan

"More weapons, more bombs, or more chaos will not end this war," the Turkish leader argued

Russia warns Canada of retaliation for hostile actions, accuses Ottawa of provocations

"The Canadian authorities should exercise caution and refrain from harmful steps that could escalate confrontation with Russia," the Russian Foreign Ministry emphasized

Putin’s congratulations to Trump can be viewed as official — spokesman

Russian President Vladimir Putin has congratulated Donald Trump on becoming the US president-elect at the plenary session of the Valdai International Discussion Club

Saudi Crown Prince’s words have enormous influence on energy market – Putin

Saudi Arabia is playing a very big role in the global energy sector, Russian President said

Bitcoin price hits fresh all-time high exceeding $77,000

By 10:45 p.m. Moscow time the Bitcoin price had extended gains trading at $77,109

Americans were on the Moon but footage may have been filmed in advance — Russian cosmonaut

Sergey Prokopyev pointed out that the fact that US astronauts did land on the Moon "is confirmed by automatic probes and cannot be subjected to doubt"

Russian military blocked two Ukrainian groups of 15,000 troops in total — Putin

About 10,000 Ukrainian troops are blocked on the bank of a water reservoir. In another area near Kupyansk, about 5,000 troops are blocked, Russian President said