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Russian banks won’t get even close to 2024 profits this year — Sberbank CEO

The Bank of Russia previously maintained its forecast for the banking sector's net profit by the end of 2025 at 3-3.5 trillion rubles ($36.7-42.8 bln)

SIRIUS /federal territory/, October 8. /TASS/. The Russian banking sector won't make profits this year, that could be compared to the profits of 2024, Sberbank CEO Herman Gref announced at the Finopolis 2025 forum.

"This year, the banking sector won't make last year's profits, they won’t get even close to it," he said.

The Bank of Russia previously maintained its forecast for the banking sector's net profit by the end of 2025 at 3-3.5 trillion rubles ($36.7-42.8 bln). According to the Central Bank, the sector earned a profit of 203 billion rubles ($2.4 bln) in August, compared to 397 billion rubles ($4.8 bln) in July. By the end of 2024, the banking sector earned a net profit of 3.8 trillion rubles ($46.6 bln).

TASS is the forum's general information partner.

India, EAEU to sign free trade deal in 2026 — Federation of Indian Export Organizations

It will lead to expanded trade and increased investment on both sides, FIEO Director General and CEO Ajay Sahai noted

French politician urges suspension of financial aid to Kiev after corruption scandal

"Not a single euro more. Stop it," Florian Philippot stressed

Russian forces hit command post of Ukrainian electronic warfare brigade in Sumy Region

The attack involved Geran-2 unmanned aerial vehicles

Russia hopes Trump wants to participate in settlement process in Ukraine — Kremlin

The spokesman noted that Russia wants to make quicker progress on settling the conflict and is waiting for the US to demonstrate its readiness

Ukraine close to running out of resources for military operations — Russia’s MFA

Alexey Polishchuk stressed that "the Zelensky regime is capable of staging any provocation and act of terrorism" for the sake of retaining power

Kremlin unaware of South African citizens allegedly asked to leave special op zone

Earlier, South African President Cyril Ramaphosa’s office issued a statement saying that the South African government was working through diplomatic channels to secure the return of 17 South African men who found themselves surrounded in Donbass

Vuсic says Europe is preparing for war with Russia

Serbia has found itself "between a rock and a hard place" amid the conflicting objectives pursued by Western countries and Russia, said serbian leader

Ukraine builds up forces at Khatneye, but morale lacking — security forces

The source said that a huge number of Ukrainian prisoners comes from this direction

US Congress passes bill to end longest government shutdown history

The document was supported by 222 lawmakers, while 209 voted against it

Russian agricultural sector shows good results — State Duma Speaker

According to Vyacheslav Volodin, Russia exports products in all the key areas

Russian FPV drone crews thwart rotation of Ukrainian troops near Kupyansk

According to the Russian defense ministry, Russian forces use kamikaze drones to thwart rotations of Ukrainian troops and ammunition advance

US Department of Energy upgrades outlook on Brent price for 2025 to $68.76 per barrel

The US Department of Energy also expects OPEC+ oil production on average 1.3 mln barrels per day lower than its target levels, considering expectations of a significant increase in global oil inventories

Price of gold futures exceeds $4,200 per troy ounce first since October 21

As of 7:32 p.m. Moscow time the gold price was up by 2.06% at $4,200.9 per troy ounce

Putin hails Kazakhstan at Russia’s ally, good neighbor, partner

The head of state stressed that Russia and Kazakhstan sought to strengthen and expand mutually beneficial cooperation in the political, economic and humanitarian fields

Kremlin aide calls his conversation with UK adviser 'unremarkable'

Yury Ushakov said that his counterpart was focused on conveying Europeans’ stance instead of discussing any potential proposals

Russian expert links MiG-31 hijacking attempt to UK’s supersonic lag

Alexander Stepanov also noted that many military experts acknowledge the fact of a serious, and presumably insurmountable, deficit in the British military-industrial complex in the domain of hypersonic missiles

German government acknowledges corruption reports, remains committed to Ukraine aid

Stefan Cornelius emphasized that "the German government will monitor developments very closely"

Oil production in Kazakhstan expected at around 90 mln tons in 2026 — minister

Kazakhstan's energy ministry previously reported that oil production in 2025 would reach 96.2 mln tons

Russia’s initiative on security architecture in Eurasia open to Europe — Lavrov

But Europe will have to behave "politely," Russian foreign minister said

Putin, Tokayev sign Declaration on strategic partnership between Russia, Kazakhstan

Russia currently has strategic partnership relations with Venezuela, Indonesia, Iran, China and North Korea

Lavrov, Iranian foreign minister hold phone call to talk over Middle East situation

The Russian Foreign Ministry said that the top diplomats welcomed an agreement struck between Kabul and Islamabad with the mediation of Qatar and Turkey on a mutual ceasefire and skirmishes on the Afghan-Pakistani border

Ukraine incapable of winning conflict with Russia — UK journalist

The territorial conquests of the Russians now amount to around 20% of the landmass of Ukraine before 2022, and the Europeans haven't got the money to sustain the military confrontation on their own, he said

Russia insists on agreement on non-use of force between Georgia, Abkhazia, South Ossetia

The relevance of such a step is increasing amid inflammatory calls on Georgia coming from outside to use military force to return the ‘breakaway regions,’ as well as NATO’s undisguised plans to ‘develop’ this nation, including conducting drills and other military training activities on its territory," the Russian Foreign Ministry said

Armenia will never refuse grain from Russia but will consider other options — PM

Nikol Pashinyan added that Armenia would consider grain supplies from other countries if the price and quality are better

Russia hopes US will refrain from steps escalating Ukrainian conflict — Lavrov

According to the top Russian diplomat, the European capitals are seeking to undermine the position of the US President Donald Trump administration, "which, from the very beginning, has been standing for a dialogue, trying to understand Russia’s position, demonstrating its intention to look for a sustainable peaceful solution"

Kiev continues to attack civilian energy infrastructure including CPC — Kremlin

The Kazakh Foreign Ministry said earlier that Astana had conveyed its concerns about those attacks to Kiev

US considering Russia’s proposal on New START Treaty — Rubio

"Communications with the Russians" are maintained "every day," although not at the ministerial level, US Secretary of State added

Hainan’s earliest prehistoric burial discovered in China’s southernmost island province

The skeletal remains of a child were laid on their side

West sees Kupyansk falling into Russia's hands — expert

Kupyansk is of great importance to the Ukrainian authorities, Andrey Marochko noted

Russian stocks close in the red on Wednesday

The ruble-denominated MOEX Index lost 1.17% to 2,536.22 points

Russia, US agree that Putin-Trump meeting should yield concrete results — Rubio

There is a real chance to get something positive coming out of the leaders’ meeting, US Secretary of State said

Foreign intelligence promised Russian MiG-31 pilot pile of cash, life of luxury

A Ukrainian pilot was also involved in the recruitment on the part of Ukrainian intelligence

Russia establishes Unmanned Systems Forces

The structure of this new branch of the armed forces has been determined, the head of the Unmanned Systems Forces has been appointed, military administration units have been created at all levels

Russian, Kazakh leaders expect declaration signed in Moscow to boost friendship

After the singing ceremony, a lunch was held at the Kremlin in honor of Tokayev’s visit to Russia, where he expressed confidence that all plans would be implemented

Kremlin spokesman confident EU, US also note corruption scandal in Ukraine

Dmitry Peskov added that these countries have been very active as the Kiev regime’s donors

Russian revenues from agriculture higher than from arms sales — State Duma Speaker

New technologies, robotic technology achievements and artificial intelligence are more and more used in the Russian agricultural sector, Vyacheslav Volodin added

Putin’s Munich Speech 15 years later: What prophecies have come true?

Fifteen years ago today, Russian President Vladimir Putin addressed the Munich Security Conference with a speech that was instantly interpreted as the harshest-ever manifesto since the Cold War era

Italian newspaper refuses to publish Lavrov’s interview — Russian foreign ministry

They ‘explained’ that the minister’s "words ‘have too many questionable assertions that need to be verified or clarified and their publication would go beyond reasonable boundaries," the ministry said

Kremlin agrees with Vucic’s statement that Europe 'prepares for war with Russia'

According to Dmitry Peskov, a number of European countries continue to increase their military budgets

Russia hopes to see first launch from Baiterek space rocket center by yearend — Putin

The Baiterek project envisages launches of Russia's Soyuz-5 carrier rockets from the Baikonur spaceport

Issue of operation of Caspian Pipeline Consortium raised at Putin-Tokayev talks

Russia is ready to cooperate and collaborate in every possible way in this area, Dmitry Peskov said

Maduro accuses US of unleashing discreditation campaign against his country

"The United States disseminates false information no one, first of all the US people, believes in," the president said

Purpose of assassination attempt on top cleric to provoke NATO into conflict with Russia

Mikhail Sheremet alleges that British curators are behind the Ukrainian special services

Kremlin clarifies why Russian jets escorted Kazakh president's plane

"It is just an honor guard, something associated with state visits," Dmitry Peskov said

Russia ranks first in terms of investment in Kazakhstan — Putin

"A large number of Russian companies operate successfully in Kazakhstan," the Russian president said

Moscow upholds inviolability of Ukrainian embassy building in Russia — senior diplomat

According to Alexey Polishchuk, the buildings of Russian embassy in Kiev and consulates general in Odessa and Kharkov are not currently being used and remain inviolable

Israeli artillery shells Lebanon’s Mais al-Jabal — media

According to Elnashra, no data on casualties and damage was immediately available

Europe openly preparing for new war against Russia — Lavrov

European capitals are sabotaging any peacekeeping efforts, refusing from direct contacts with Moscow and keep on imposing new ‘sanctions’ that backfire at their own economies, the minister said

Russia, Kazakhstan developing cooperation on rare earths — Putin

Plans to intensify cooperation in the chemical industry are also being discussed, the Russian president added

India recognizes explosion near Red Fort in New Delhi as terrorist attack

The cabinet instructed that an investigation "be pursued with the utmost urgency and professionalism so that the perpetrators, their collaborators, and their sponsors are identified and brought to justice without delay"

Canada blacklists 13 individuals, 11 entities as part of sanctions on Russia

According to the statement, "Anita Anand, Minister of Foreign Affairs, today announced that Canada is imposing additional sanctions" on Russia over the conflict in Ukraine

Price of Brent oil down by over 3% on London’s ICE

The price of futures contracts of WTI crude oil for December 2025 delivery was down by 3.51% at $58.9 per barrel

Russian forces acting responsibly — Lavrov

"Our armed forces are acting very responsibly, delivering pinpoint strikes only on military targets and transport and energy infrastructure backing them," the minister noted

Nuclear rhetoric always dangerous — Kremlin

"On the one hand, nuclear weapons are very good things for peacekeeping in terms of mutual deterrence, but on the other hand, it is even dangerous to speak about that," Dmitry Peskov said

Construction of 'Trump route' to begin in second half of 2026 — Armenian PM

Nikol Pashinyan said that Armenia will do its best to ensure that there are no delays, and everything is completed on time

Reports about Kiev halting negotiations show that Ukraine does not want peace — diplomat

"This is an admission that the Zelensky regime had no sincere desire for peace," Maria Zakharova said

Romania to consider Russia as threat to its security — draft strategy

"Russia’s hostile actions are the main threats to Romania’s national security," the document states

Press review: Russia’s FSB foils Ukraine-UK jet hijack plot as US eases Syria sanctions

Top stories from the Russian press on Wednesday, November 12th

Antibiotic-resistant super bacteria in Ukraine pose threat to Europe — article

Henry Skinner referred to a study by researchers from Ukraine’s Sumy State University, which showed that "85% of infections they examined among injured Ukrainian combatants were caused by bacteria that were resistant to multiple types of antibiotics"

Oreshnik missile system to be moved around Belarus — Lukashenko

The Belarusian leader pointed out that the US still alleges that it does not have accurate information about the presence or absence of Russian tactical nuclear weapons in Belarus

Zelensky’s power hierarchy has crumbled — Ukrainian opposition politician

According to Viktor Medvedchuk, Vladimir Zelensky and his team acted extremely recklessly

Kiev disrupts latest agreements on prisoner swap — Russian diplomat

Less than 30% of the agreed-upon 1,200 have been exchanged, Maria Zakharova stated

India, EAEU to sign free trade deal in 2026 — Federation of Indian Export Organizations

It will lead to expanded trade and increased investment on both sides, FIEO Director General and CEO Ajay Sahai noted

IN BRIEF: Operation Midas, Mindich tapes: what we know about corruption scandal in Ukraine

Five people have been detained, NABU said

Rubio says discussed Ukrainian settlement with G7 counterparts

Ukraine’s Foreign Ministry earlier acknowledged that Kiev had suspended peace negotiations with Moscow

'Azov' squad flees positions, abandoning wounded soldiers — security forces

According to the source, this situation shows that the brigade has been dubbed the "running team"

US Department of Energy expects Russian oil production to decrease by 0.1 mbd in Q1 2026

According to the report, sanctions against Russia will primarily lead to an increase in costs and risks associated with transportation of Russian oil, which will push prices received by Russian oil producers down

Gas supplies, Russian language status in Kazakhstan: Putin on talks with Tokayev

Vladimir Putin thanked the Kazakh president for supporting the Russian language in Kazakhstan

Russian pilot promised citizenship of Western country for hijacking MiG-31 jet — FSB

The Russian officer was also offered $1 million

Trump sends letter to Israeli president asking him to pardon Netanyahu — media

According to the broadcaster, the US leader described the charges against Benjamin Netanyahu as "political and unfounded" and urged an "end to the political persecution" of the prime minister

India, Russia to hold trade talks in Moscow

The intergovernmental talks may discuss an agreement on the creation of a free trade zone between India and the Eurasian Economic Union, as well as other key issues of bilateral cooperation, the FIEO chief said

Pentagon chief says US freeing Panama Canal from 'malign Chinese influence'

US President Donald Trump has repeatedly stated his intention to regain control of the Panama Canal

Russia considering expansion of gas supplies to Kazakhstan — Putin

Bilateral energy cooperation is developing steadily, the Russian leader said

Oman, Russia confirm commitment to strengthing cooperation

The representatives of the two countries also discussed "a number of issues of mutual interest"

BBC distorting Trump’s speech constitutes a crime — Russian MFA

Maria Zakharova noted that BBC leadership was accused of manipulating programs and censoring Donald Trump’s speeches

Baltic countries mere pawns in British game against Russia — Lavrov

"The few in Europe who still have a shred of common sense and indeed care about the continent’s security, and there are fewer and fewer of those, they understand perfectly well which provocative role was given to these Baltic countries, spearheaded by the British," the minister said

Russia accounts for one fifth of Kazakhstan's foreign trade — Putin

For Russia, Kazakhstan is also one of the largest trading partners in the CIS and the Eurasian region as a whole, the Russian leader added

Russia concerned over lack of clarity about Japan’s commitment to nuclear-free status

"Naturally, we are keeping an eye," Russian presidential press secretary Dmitry Peskov said

West may split into two — Polish PM Tusk

Donald Tusk admitted that for the unity of Europe, a "common, clearly defined enemy" was needed

FSB thwarts Kiev's operation to hijack MiG-31 jet for provocation against NATO base

According to the Russian security service, the Ukrainian military intelligence officers tried to recruit Russian pilots, offering $3 million

Russian instructors, CAR military eliminate militant base

The Officers Union for International Security added that the bandits who refuse to enter a disarmament program and contribute to the development of the Central African Republic will face certain death, no matter where they are

Corruption scandal in Ukraine may take down Zelensky's regime — media

In his view, a full-scale confrontation is brewing between independent anti-corruption agencies and Zelensky’s inner circle, the consequences of which could be severe

Bodies of 18 Turkish soldiers recovered after plane crash in Georgia

The search for the other two is still ongoing

China’s weapons contracts with Russia worth about $7 bln

According to Presidential Aide for Military Cooperation Vladimir Kozhin, China is Russia’s long-term privileged and reliable partner

Russian Aerospace Forces strike Ukrainian radio-electronic intelligence center, airfield

As reported earlier, the Russian Federal Security Service disrupted the operation of Ukrainian and British intelligence to hijack a Russian MiG-31 jet armed with a hypersonic Kinzhal missile for its further use in a provocation against NATO’s largest airbase in Romania

Russia's national football team draws with Peru in friendly match

Alexander Golovin opened the scoring for Russia in the 18th minute, while Alex Valera equalized for Peru in the 82nd

Four Amur tigers from Russia to be relocated to reserve in Kazakhstan

Russia will transfer two male and two female tigers to Kazakhstan, Ecology and Natural Resources Ministry reported

Interaction between Russia, US underway albeit limited — Kremlin aide

Yury Ushakov specified that this involves both phone conversations and personal interaction, when possible

Ukrainian lawmaker says Zelensky has a hand in attempt on Trump’s life, Kirk’s killing

Vladimir Zelensky’s regime is capable of killing anyone, Artem Dmitruk said

Baltic states try to force Russia into act that would precipitate NATO war — Lavrov

Commenting on Lithuania’s proposals to limit transit to Kaliningrad, the Russian foreign minister said the European Union is every bit as responsible as Lithuania here

Kiev loses 1,150 troops along engagement line in past day — Russia’s top brass

Russian forces struck energy and transport infrastructure facilities used to support the Ukrainian army’s operations and troop deployment areas over the past 24 hours, the ministry reported

Kazakh president completes his two-day state visit to Russia

Kassym-Jomart Tokayev was seen off at Vnukovo Airport by Russian Deputy Prime Minister Alexey Overchuk and other officials

US didn't push back against Moscow’s territorial claims at Alaska summit — Russian MFA

Alexey Polishchuk also emphasized the need to remember that "the territorial issue is part of the settlement package"

London, Brussels pushing US to abandon diplomacy in Ukraine conflict — Russian MFA

According to Alexey Polishchuk, mutually acceptable agreements on the terms for resolving the crisis around Ukraine - with compromises made - were reached during the Russian-US summit in Alaska on August 15

Legalization of polygamy in Chechnya is out of question, says Chechen leader

It is Almighty God who permits to have four wives, Kadyrov reminded

Russia to be open to contacts with Europe when it is through ‘Russophobic frenzy’ — Lavrov

The current confrontation stemming from the European elite’s reckless and dead-end policy is not Russia’s choice, the minister noted

Removal of tariffs to cost US over $3 trillion — Trump

The US President said that it would be devastating to the future of the country

Russia still ready for summit in Budapest — Lavrov

"We are still ready to hold the second Russian-US summit in Budapest, if it really relies on the work on Alaska results," the minister said

Kiev officially halts peace talks with Moscow — Ukrainian Foreign Ministry

"Since the peace talks ended this year without significant progress, they were halted," Sergey Kislitsa said

Lavrov baffled at Britain's lack of shame over MiG-31 hijacking plot

The Russian foreign minister said that he does not know how the British will wash themselves clean of it

Japan needs to decide on its own how to proceed in relations with Russia — MP

Now Tokyo does essentially whatever the United States tells it, Nobuyuki Fukushima, a non-factional member of the lower house of the Japanese parliament, said