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No 'overcooling' in Russian economy — Central Bank chief

There is irregularity, Elvira Nabiullina said

ST. PETERSBURG, July 2. /TASS/. There is no 'overcooling' in the Russian economy, Central Bank chief Elvira Nabiullina said at a briefing during the Financial Congress.

"Yes, there is irregularity, there are structural challenges in certain sectors but where demand is not enough and supply is present. In the first instance, where we have export constraints. Many production facilities were created, among other things, to manufacture products for exports. It can be experienced in individual sectors," she said.

"These are the structural readjustment indicators, when we have some sectors growing faster and they are accordingly short of resources; they see rising demand. It occurs in the opposite for others, the demand is not sufficient for capacities created. Regrettably, this is natural in the environment of such deep restructuring. Talking about the economy in general, there is no such 'overcooling,'" Nabiullina added.

Russia and Tanzania sign memorandum of cooperation on tourism

Last year, the number of mutual tourist trips increased by nearly 40% year-on-year, Russian Minister of Economic Development Maxim Reshetnikov noted

Lavrov believes Japan still has supporters of cooperation with Russia

The top diplomat's message was read out at the exhibition’s opening ceremony at the Russian Embassy in Tokyo

Demand for Rosatom charging station services surge by 40% — CEO

Alexey Likhachev noted that owners of hybrid cars, seeking to reduce dependence on gasoline, began to use the stations more actively

German defense minister says Ukraine conflict enters 'decisive phase'

Boris Pistorius stressed that Ukraine "needs funding"

Moscow cannot ignore EU’s commitment to confrontation with Russia — Kremlin

Dmitry Peskov believes it is clear that Europe is escalating tensions with Russia

Kiev announces mechanism of controlled weapons export

"As many as 20% of revenues from the export of finished goods and technologies, and 30% of revenues from component exports will be transferred to a special state budget fund for the development of the Ukrainian defense industry," Ukrainian Prime Minister Yulia Sviridenko said

Four drones destroyed on approach to Moscow — mayor

Sergey Sobyanin also reported that emergency responders are working at the crash sites

Vance says US may resume military action against Iran

If the Iranians try to rebuild their nuclear program, if they try to start shooting at commercial vessels again, that's going to change our calculus, US Vice President said

Russia to take response measures over deployment of US missile systems in Japan — MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova stressed that Moscow is coordinating with its partners on maintaining peace in the Asia-Pacific region

Von der Leyen "excellent liar" saying Russia cut off gas supplies to Europe — Zakharova

The Foreign Ministry spokeswoman added that any EU citizen can sue the European Commission president for this statement and win the case

Qatari diplomat notes progress at US-Iranian indirect talks in Doha

Majed bin Mohammed al-Ansari added that the parties would try to schedule the next meeting as soon as possible following the funeral procession for the former Iranian supreme leader

Russian Cabinet closes border crossings with Baltic States, Finland

The Russian Foreign Ministry was instructed to notify Riga, Tallinn and Helsinki about the decision made by Moscow and effective from July 1

EU Court of Justice allows criminal prosecution for reposting RT videos — judgement

The court ruled that the EU sanctions ban on RT broadcasts "applies also to a website accessible to the public free of charge"

ICAO chooses to simply rubber-stamp MH17 crash investigation — Russian diplomat

"The Council misused its mandate, particularly demanding that Russia hold talks with Australia and the Netherlands on paying the so-called reparations for the crash," Maria Zakharova said

China to accelerate development of world-class armed forces — Xi Jinping

The Chinese leader emphasized that "a strong country must have a strong military" and that national security is impossible without powerful armed forces

US stance regarding Ukraine limited by shifts in rhetoric so far — Russian senator

Konstantin Kosachev noted that the current US presidential administration does not support Kiev to the extent that former American leader Joe Biden did

No plans to withdraw from security zones in Lebanon, Syria, Gaza — Israeli minister

Israel Katz said the troops would remain there for an indefinite period

Russian forces deliver retaliatory massive strike on Ukraine — top brass

Military-industrial sites, energy infrastructure, and military airfields’ infrastructure were damaged in the Dnepropetrovsk, Poltava, Cherkassy, Chernigov, and Kiev regions

West effectively at war with Russia now — Slovak PM

Robert Fico called for peace, which, in his view, can only be achieved through dialogue and negotiations

Russia supports US ambitions to bring G20 back to basic mandate, sherpa says

Denis Agafonov noted that the agenda includes fostering economic growth, and ensuring financial stability

Crisis in the Middle East will not change mood for North-South Corridor start

The North-South Corridor is designed to connect the north of Eurasia with major logistics hubs on the coast of the Persian Gulf and the Indian Ocean, Maria Zakharova said

Russia’s Battlegroup Center deploys latest BM-70 drones with 100 km strike range

The BM-70 drone is outfitted with a powerful payload capable of penetrating reinforced concrete shelters and taking facilities out of service

US decision to exclude South Africa from G20 events illegitimate — Russian sherpa

Denis Agafonov said that Moscow expects Washington to reconsider this decision

Ukrainian parliament approves creation of 'national pantheon'

287 lawmakers voted in favor of the bill

Asset grab, Kiev trail: who tried to kill Ukrainian oligarch Yermolayev

The Kiev regime could have organized an attempt on Yermolayev because of the "redistribution of financial flows," Yevgeny Brykov, head of the information policy department of the Kherson Region, believes

Kiev not seeking peace, Zelensky tasked with escalating conflict — MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova emphasized that the Kiev regime is not independent

NATO to announce long-term commitments to support Ukraine at Ankara summit — US envoy

Matthew Whitaker also stressed that the United States would continue working toward a peaceful settlement in Ukraine

Germany accuses suspect in Nord Streams bombings of war crime — TV

According to the German investigation, the Ukrainian was the leader of a sabotage group

Kiev’s atrocities surpass terror violence in various world regions — Russian MFA

Foreign Ministry Spokeswoman Maria Zakharova drew attention to the atrocities against civilians who fell into the hands of Ukrainian soldiers

Russian troops in Krasny Liman come across Colombian mercenaries fighting for Ukraine

The commander of a motorized rifle battalion reported that Ukrainian forces in Krasny Liman are not attempting any counterattacks but are putting up sporadic resistance while hiding in basements

Ukraine loses over 38,000 servicemen, mercenaries in June — military expert

According to Andrey Marochko, this is 7,180 more than in May

Kiev’s 40-day operation shows its terrorist nature — Russian Foreign Ministry

Maria Zakharova added that Ukraine uses all possible terrorist practices, creates new hybrid formulas of terrorism, including attacks on civilians and information terrorism

IN BRIEF: What is known about Russian massive retaliatory strike against Ukraine

Military-industrial enterprises and facilities of the fuel and energy complex in the city of Kiev and the Kiev region were struck, as well as the infrastructure of military airfields in the Dnepropetrovsk, Poltava, Cherkassy, Chernigov, and Kiev regions

Russia begins testing new Svarog pro AI-assisted interceptor drone in combat

The drone that is designed to engage fixed-wing UAVs is hand-launched and is used jointly with a ground-based control station, enabling an operator to strike targets at a distance of up to 17 km

US Air Force B-52 Stratofortress bombers leave Royal Air Force base in UK — TWZ

The event marked the end of the deployment to support the war against Iran

Russia to comply with international humanitarian law no matter what — top diplomat

Russian Foreign Minister Sergey Lavrov met with International Red Cross Committee President Mirjana Spoljaric in Moscow

Top Russian security official to attend late Khamenei's farewell service in Iran — envoy

The farewell ceremony for the deceased Supreme Leader Ali Khamenei will begin in Tehran on July 3

Belgium edges out Senegal with 3-2 comeback win at 2026 FIFA World Cup

Belgium is set to play its Round of 16 match against either the US or Bosnia and Herzegovina

Russia says Kiev, at West’s behest, tries to draw its closest allies into conflict

Maria Zakharova noted that Ukraine does not seek peace, and the West has set Vladimir Zelensky the task of continuing the escalation

Liberation of Ukrainskoye in Kharkov Region creates conditions for Russian advance

Assault units from the 82nd and 83rd mechanized infantry regiments of the Battlegroup North overcame persistent Ukrainian resistance, repelling the last remnants of a separate motorized infantry brigade

Euroclear files lawsuit against Bank of Russia to block 18.2 trln ruble recovery — Echo

On May 26, the Moscow Arbitration Court granted the central bank's motion to enforce the ruling in its lawsuit against Euroclear

Moscow says Chisinau prevents withdrawal of Russian troops from Transnistria

The Moldovan authorities are trying to shift the blame from their sick head to the healthy one, Maria Zakharova said

NATO does not care Kiev uses its technologies for terrorist purposes — expert

Andrey Marochko emphasized that Ukrainian military drones employed in these attacks are increasingly utilizing artificial intelligence capable of making autonomous decisions

Brent falls below $71 per barrel, first time since February 27

As of 3:04 a.m. Moscow time, Brent crude reached $70.90 per barrel

Oil shipments through Strait of Hormuz rise to 10 mln barrels per day — media

According to the report, another 5 million barrels of oil per day are being transported via alternative routes

Russia calls for practical steps to ensure non-use of force between Transcaucasia nations

Such an approach would make a significant contribution to strengthening stability in the region, the Russian Foreign Ministry said in a statement

Russian specialists create micro helicopter to overcome minefields and water obstacles

The new technologies made it possible to combine the maneuverability of an ATV and a helicopter

Annual inflation in Russia reach 6% from June 23 to 29

Consumer price growth rates slowed down to 0.22% over the week from June 23 to 29, the Ministry of Economic Development noted

Air defenses down 327 Ukrainian drones over Russia overnight — top brass

UAVs were intercepted over the Astrakhan, Belgorod, Bryansk, Volgograd, Voronezh, Kaluga, Kursk, Kaluga, Nizhny Novgorod, Veliky Novgorod, Oryol, Pskov, Rostov, Saratov, Tambov, Tula, Moscow and Krasnodar Regions

US advances to Round of 16 at 2026 World Cup after 2-0 win over Bosnia and Herzegovina

The US is set to face Belgium

Ukrainian drone attack on Nizhny Novgorod Region kills one as Russia downs 327 UAVs

More than 25 drones were destroyed over six districts in southern Russia’s Rostov Region, Governor Yury Slyusar reported

Most Europeans say EU cannot defend itself in event of attack — poll

Respondents identified the Baltic states, Romania, Bulgaria, Denmark, Portugal, Italy, and Ireland as the countries least prepared to wage a war on their own

US Navy helicopter makes emergency landing in Arabian Sea, one person missing

There is no indication that the emergency was caused by hostile action, the military said

Lavrov, Red Cross head sum up work on verifying data on crimes in Kiev — MFA

Both sides emphasized the importance of "strictly observing international humanitarian law and depoliticized cooperation in this area," the Russian Foreign Ministry said

Russia calls for international attention to Kiev’s crimes — Kremlin

Dmitry Peskov stressed that such crimes are conducted against civilian population

FACTBOX: What we know about drone attack on Russia's diplomatic mission in Sweden

One drone dropped a container filled with red paint onto the embassy grounds, while the second drone carrying a mock improvised explosive device crashed

Ukraine must withdraw troops from Donbass for conflict to end — Russian MFA

Foreign Ministry Spokeswoman Maria Zakharova said the Ukrainian authorities should "stop making unrealistic demands"

Russian forces strike Ukrainian army positions by FAB bombs in Zaporozhye, Sumy areas

The ministry uploaded video footage of Su-34 bombers destroying the designated targets

Kremlin unaware of any official statements on potential elections in Ukraine

Dmitry Peskov recalled Vladimir Putin’s remarks that "Vladimir Zelensky’s legitimacy is seriously in question from a legal standpoint"

IN BRIEF: US’ stance on Ukraine, Kiev's plans to fan conflict: Foreign Ministry comment

Russian Foreign Ministry Spokeswoman Maria Zakharova highlighted that Kiev does not seek peace

Kiev troops bombard Donetsk People’s Republic eight times over past day

Three civilians were wounded

Russian diplomat reveals what EU can do to bring relations back on good track

Brussels and other European capitals must end all unfriendly actions against Russia, Maria Zakharova said

Amur Shipyard sets afloat small missile ship Shtorm

The launch was executed using the Amurets launching pontoon, produced by the shipbuilders as part of the United Shipbuilding Corporation’s dock program

Estonian presidential adviser admits Tallin assists Kiev forces’ attacks on St. Petersburg

Madis Roll clarified Estonia's stance regarding drone incidents that have fallen on Estonian territory, emphasizing that Tallinn does not blame Ukraine

German prosecutors confirm charges against Nord Stream saboteur

According to Federal Public Prosecutor General, a Ukrainian national and his accomplices developed a sabotage plan on behalf of Ukrainian government agencies

Russia, Ukraine negotiate another round of POWs exchange — ombudswoman

Yana Lantratova added that she could not disclose dates and details in advance

Press review: US-Iran truce strains and EU struggles on new Russia sanctions

Top stories from the Russian press on Wednesday, July 1st

Russian military chief reports to Putin results of massive strike on Ukraine — Kremlin

Dmitry Peskov highlighted that the strikes had targeted only military or military-related facilities

Russian Federation Council considers Zelensky’s threats against Belarus serious

According to Konstantin Kosachev, Zelensky's words should be taken seriously because he is "an irrational and unpredictable man", obsessed with a thirst for power

Foreign national detained in Monaco over investigation into attack on businessman

The individual was later released, and no charges have been announced

Drone attack on Russia’s Nizhny Novgorod kills one, injures four others — governor

According to Gleb Nikitin, several houses and an industrial facility were damaged from falling drone debris

Russian forces hit Kiev facility that manufactures Flamingo missile control systems

The Russian forces delivered the strike in retaliation to the Kiev regime’s attacks on civilian infrastructure on Russian territory

Europe should bear financial burden of Ukraine war — US envoy to NATO

The United States will continue to do what it does, Matthew Whitaker noted

Iran's Security Council vows punishment for those responsible for Ali Khamenei's death

Secretary of Iran's Supreme National Security Council Mohammad Bagher Zolghadr said "the file of revenge for the pure blood of Khamenei and the innocent martyrs of Iran remains open"

Protection against UAV attacks, AI use: statements by Russia’s defense chief

Andrey Belousov said that Russia is actively introducing artificial intelligence systems in its air defenses and the results will be seen by November

There can be no compromise on addressing root causes of conflict in Ukraine — senator

Konstantin Kosachev recalled that Russia had demonstrated a willingness to compromise in the past

Moscow conveys to US Russian businesses’ interest in participating in G20 events — sherpa

There is a well-established ‘Business 20’ (B20) format, Denis Agafonov recalled

Russian embassy in Sweden comes under drone attack again

The embassy condemned the attack as a blatant attempt to intimidate the Russian mission

Transfer of Kiev’s military firms to West turns inhabitants into 'human shield' — diplomat

Yulia Zhdanova added that the international program Build with Ukraine, which forms a shared Ukrainian-NATO production network, is one of the most cynical and dangerous adventures related to the participation of NATO countries in the conflict

Senior Russian senator calls Israel 'only clear loser in war with Iran'

According to Konstantin Kosachev, this situation is evident, in particular, in the fact that Israel should not continue its military operations against Lebanon, but it does so because "anything else would look like a defeat"

Kiev engulfed in acrid cloud from Chernobyl, fresh air is gone — journalist

Levels of harmful particles are exceeding safe limits

Russia’s reliable security, its interests to be guaranteed — Kremlin spokesman

Dmitry Peskov noted that the European Union's escalation towards Russia is forcing Moscow to plan additional measures to ensure its own security

Death toll from devastating Venezuela earthquake surpasses 2,000

Speaker of the National Assembly Jorge Rodriguez says the number of fatalities has reached 2,295

Closure of railway border crossings with EU not affecting national economy — lawmaker

Leonid Liminchuk, Chairman of the Committee on Economic and Industrial Policy, Energy, Housing and Utilities of the Legislative Assembly of the Republic of Karelia, called this a technical issue

Russian troops liberate two communities in Ukraine operation over past day — top brass

Russia’s Battlegroup East inflicted roughly 460 casualties on Ukrainian troops and destroyed four enemy armored combat vehicles in its area of responsibility over the past day, the Defense Ministry reported

Russia to open diplomatic missions in Gambia, Liberia, Togo, Union of Comoros — Lavrov

The Russian foreign minister added that a new department for partnership with Africa was established

Next round of Iran-US talks to begin on July 18 — TV

The location of the talks between the Iranian and US delegations has not yet been disclosed

Bulgaria, Romania, Turkey agree to protect underwater infrastructure in Black Sea

The Bulgarian government has approved amendments to a memorandum on the establishment of a joint naval mine countermeasure group

Kremlin has no information whether ‘Power of Siberia 2’ deal will be finalized at EEF

Dmitry Peskov recalled that the topic was raised during President Putin's recent visit to China

Europe at hard times finding suitable negotiator for talks with Russia — senator

According to Konstantin Kosachev, this person should possess sufficient authority in Europe, and he or she must have sufficient credibility in Russia

IN BRIEF: Novak’s key statements on Russia’s gasoline supply and fuel prices

The Russian deputy PM stressed that the fuel situation is monitored and adjusted on a daily basis

Russia views G20 as possible platform for formulating new global economic rules — sherpa

Denis Agafonov emphasized that those rules should be universal in nature

Russia 80% adapted to external challenges — Novak

According to the official, gasoline and diesel fuel volumes are sufficient in the domestic market, despite the turnarounds underway at some oil refineries

Ukrainian drone with explosives crashes in Turkey’s Trabzon Province — newspaper

No injuries were reported in the incident

France’s National Assembly approves hike in military budget

Total defense spending under the 2024-2030 program will now increase from 400 to 436 billion euros

Kremlin briefing covers Russia's massive strike on Ukraine, EU's confrontation with Moscow

The European Union's escalation toward Russia further intensifies already heightened tensions across Europe, Dmitry Peskov said

Russian army increases advance pace in DPR in June — military expert

Andrey Marochko specified that in June Russian forces had liberated 20 settlements, including ten in the DPR

Newly formed Russian mobile units assume combat duty to protect energy sites from drones

During several weeks of training, the mobile fire groups honed the skills of protecting strategic facilities from aerial threats

Kiev escalates conflict with Poland with decision on pantheon of heroes — Nawrocki office

On July 1, Ukraine's Verkhovna Rada adopted a law on the creation of a "national pantheon," where Nazi accomplices from the UPA can be reburied

NATO chief admits to sleepless nights over Russia

According to Mark Rutte, Russia is the main threat for the alliance at present and in the longer term

Russia to have decent representation at upcoming G20 summit in US — sherpa

Denis Agafonov confirmed that Moscow is aware of public statements from US officials regarding plans to invite Russian President Vladimir Putin to the G20 meeting