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Bank of Russia projects key rate at 14.5-14.6% in 2026 under baseline scenario

The key rate is projected at 10.5-12.5% in 2027

© Mikhail Tereshchenko/TASS

MOSCOW, August 31. /TASS/. The Bank of Russia projects the key rate at 14.5-14.6% in 2026, and 10.5-12.5% in 2027 under the baseline scenario, the regulator said.

The key rate is projected at 8-9% in 2028, and at 7.5-8.5% in 2029.

The Central Bank also expects inflation at 6-7% in 2026, and at 4% from 2027 to 2029 under its baseline scenario. GDP growth is projected at 0-1% in 2026, and 1.5-2.5% in 2027-2029.

Bank of Russia projects key rate at 13-15% in 2027 under pro-inflationary scenario

The key rate is projected at 11-12% in 2028

Death toll from northern Nepal flooding exceeds 900

Nearly 4,200 people, including 592 foreign nationals, remain missing

Putin begins long, busy trip — Kremlin spokesman

The Shanghai Cooperation Organization summit will be held in Bishkek on August 31 and September 1

Omsky-107 vessel runs ashore near Istanbul after being attacked by Ukraine — agency

According to the agency, the crew evacuated from the ship in lifeboats following the attack

CIA chief proposes Putin-Trump-Zelensky meeting during visit to Moscow — Axios

According to the news outlet, John Ratcliffe also sought to determine whether talks with Ukraine could be resumed with US mediation

Denmark suspends issuance of residence permits to Ukrainians of mobilization age

According to parliamentary documents, the proposal was approved by 98 votes to 11

Putin says Russia holds world's second-largest coal reserves

The Russian leader noted that coke, iron ore, and other minerals remain one of the foundations of the national economy today

Kazakhstan’s parliament votes to appoint Karin as vice president

Erlan Karin’s candidacy, proposed by President Kassym-Jomart Tokayev, was supported by 141 of the 145 deputies present

Man hijacks plane in Hungary, directs it toward Paks NPP — media

After being intercepted, the plane crashed onto a sunflower field

US sole factor destabilizing Strait of Hormuz — Iranian Foreign Ministry

The Iranian Foreign Ministry added it will respond to all US actions with "a crushing blow"

Ozon sorting center comes under attack in Belgorod, several people injured

Employees were evacuated

Fate of 99 people on board the vessel remains unknown — Kyrenia mayor

Mayor Murat Shenkul stated that Turkish Cypriot authorities have so far managed to contact 159 of the 258 people who were on board

Russia has good prospects for cooperating with BRICS partners in Far North — Lavrov

The foreign minister added that Russia is also ready to develop cooperation in the Arctic with Belarus and other partners and allies in the CIS

Kiev finds it increasingly difficult to protect its energy, military facilities — governor

Kherson Region Governor Vladimir Saldo sees Mikhail Fyodorov’s proposal to the Americans as a piece of creative bargaining to get new weapons deliveries and investments

Kalashnikov to unveil model of its latest AK-12+ assault rifle at Eastern Economic Forum

The weapon will be on display in the Voin Center pavilion at the Far East Street exhibition

Number of AI agents going out of control peaks in July — British newspaper

The study notes that the number of such incidents nearly doubled compared to the previous month

Impact of Russia’s strikes on Ukrainian army’s infrastructure visible — Kremlin spokesman

Russian presidential press secretary Dmitry Peskov stressed that Russia is targeting only military facilities

Press review: CIA chief's Moscow visit raises questions as Russia warns UK of retaliation

Top stories from the Russian press on Friday, August 28th

237 people saved from sunken vessel off northern Cyprus — authorities

According to Prime Minister of the unrecognized Turkish Republic of Northern Cyprus Unal Ustel, all of those rescued are in satisfactory condition

Iran’s supreme leader calls on all Muslim countries to stand up to US

Mojtaba Khamenei pointed out that the US and Israel are at war not only with Iran and its regional allies, but also with all Muslims, "including the peoples of West Asia and North Africa"

Hundreds of Ukrainian military warehouses located in residential buildings — diplomat

Russian Foreign Ministry Ambassador-at-Large for the crimes of the Kiev regime Rodion Miroshnik stated that Kiev uses Ukrainians as human shields

Press review: EU mulls Russia-linked tanker seizures as US deal opens Venezuela oil access

Top stories from the Russian press on Monday, August 31st

Belgium blocks new attempt to expropriate Russian assets — minister

"This door is closed", stressed Belgian Defense and Foreign Trade Minister Theo Francken

No restrictions on air traffic in Gulf countries imposed — air traffic controllers

Earlier in the day, Iran’s missile attack on US ships in the Strait of Hormuz was reported

Maduro posts photo of him in prison

Venezuelan President addressed it to his grandchildren and children

Tanker struck by projectile off Oman — UKMTO

No casualties or environmental impact are reported at this time

241 people saved from sunken vessel off northern Cyprus — authorities

The search for 18 more continues

US to impose sanctions on Iran every week — Treasury secretary

Scott Bessent added that banks cooperating with Iran will be the first target

Tokayev appoints Karin as Kazakhstan’s vice president, Bektenov as prime minister

Erlan Karin previously served as the first deputy head of the presidential administration, and before the new constitution took effect, he was state counsellor

Russia’s Alexandrova, Medvedev advance to second round of US Open

The players defeated McCartney Kessler and Hugo Gaston respectively

At least two killed, 12 injured in Ukraine’s attack on Belgorod

A man and a 16-year old teenager were killed in the territory of an enterprise, acting governor of the Belgorod Region Alexander Shuvayev said

Kiev doing everything possible to deteriorate situation at Zaporozhye NPP — Rosatom

Rosatom Director General Alexey Likhachev said that ongoing shelling of the access roads makes delivering fuel for the backup diesel generators extremely dangerous

Russia readies to strike Ukraine’s energy sites to retaliate attacks on its infrastructure

At the same time, Russian servicemen continued to launch coordinated strikes against Ukrainian military-industrial facilities that support the Ukrainian military overnight, the ministry emphasized

MOEX Index up as morning trading session opens

As of 7:10 a.m. Moscow time the MOEX Index was up by 0.04% at 2,115.81 points

US strikes two missile launchers on Iran’s Larak island — media

According to a US official cited by Axios correspondent Barak Ravid, Islamic Revolutionary Guard Corps forces were seen preparing to launch rockets with sea mines into the Strait of Hormuz

Anthropologists to carry out genetic test of Grand Prince Dmitry Donskoy’s relics

Deputy Director General for Research at the Moscow Kremlin Museums Andrey Batalov said that the age of the person and the grand prince matched

Musk not letting Kiev use Starlink against Russia without White House’s consent — FT

According to the newspaper, the businessman explicitly stated his position in a conversation with former Ukrainian Defense Minister Mikhail Fyodorov

Iran’s IRGC reports destroying US fighter jet deployment sites in Jordan — Tasnim

Earlier, it was reported that a series of explosions was heard on Jordan’s territory

Russian forces liberate Rubezhnoye, Novoandreyevka, take control of Khrapovshchina

Russian forces also struck Ukrainian fuel and energy facilities and logistics centers used by Ukrainian forces over the past day, the Russian Defense Ministry said

Kiev’s mobilization plans show Ukraine lies about battlefield losses — media

The head of Vladimir Zelensky’s office earlier said that Ukraine needed to recruit at least 30,000 people a month to maintain troop strength

No links between Putin’s meetings with Lukashenko to CIS chief’s visit — Kremlin

Russian-Belarusian relations constitute an absolutely different dimension, which in no way depends on contacts with the Americans, Russian presidential press secretary Dmitry Peskov said

Erez crossing not to be opened for deliveries to Gaza — Israeli PM’s office

Adviser Dmitri Gendelman emphasized that media reports on the matter are not true

Iranian lawmaker warns US of retaliation over Middle East escalation

Ebrahim Azizi noted that the United States will pay "a heavier price"

Kiev troops shell DPR 25 times in past day, civilian wounded

Six residential buildings, four civil infrastructure sites, as well as cars and trucks were damaged

Russia begins mass production of Volna Kupol Garant EW system — defense source

According to the source, the Volna has become a factor affecting not only the special military operation zone, but also having global influence

Moscow, Bishkek cooperate fruitfully in various areas — Russian president

"Relations between our countries are developing dynamically in the spirit of strategic partnership and alliance," Vladimir Putin said

Iran’s Fars news agency reports about explosions in Jordan

No other details are known at this point

Pentagon chief Hegseth considers running for president — NBC

But Sean Parnell, the Pentagon’s assistant for public affairs, denied this, the TV channel said

Kiev reluctant to engage in true settlement — Kremlin spokesman

Russian presidential press secretary Dmitry Peskov commented a proposal to organize a trilateral meeting between Putin, Donald Trump, and Vladimir Zelensky

Finnish citizens outraged by their president’s policy toward Russia — politician

Armando Mema emphasized that the direction in which Stubb is leading Finland "remains uncertain and very dangerous"

Georgia’s Kulevi oil refinery stops processing Russian oil

The refinery has switched to processing oil from Kazakhstan and Libya, the media outlet bm.ge reported

Trump's 'Greenland plan' aims to bring Arctic under US control — presidential adviser

Anton Kobyakov opined that this project was an alternative to the NSR from the Pacific Ocean to the North Atlantic

Iceland’s current government not to initiate EU accession talks — PM

Kristrun Frostadottir said a referendum on resuming the negotiations cannot be held "every one or two years"

Woman dies in hospital after minibus runs over group of people in southern Siberia

Three children were seriously injured

Jordan intercepts eight Iranian missiles — Petra news agency

The type of the missiles is unknown

Two, killed, two wounded in US strike on Iran’s Larak island — agency

According to the report by Tasnim, no official comments are available at the moment

Putin briefed on CIA director visit’s results — Kremlin spokesman

John Ratcliffe arrived in Russia on August 25

Iceland deals blow to EU’s dreams of expanding northward — news outlet

Before the referendum, European Commissioner for Enlargement Marta Kos engaged in a flurry of media activity

Russia to repel both external aggressor, sabotage attempts from within — SVR

The press service of the Russian Foreign Intelligence Service commented on Ukrainian and Western attempts to influence elections to the Russian State Duma

Without additional $6.75 billion, Ukraine unable to pay its military

Maintaining combat operations at the current level will require around $20 billion

Putin to hold meeting on Far East’s development on sidelines of Eastern Economic Forum

Before attending the Eastern Economic Forum, Russian president will pay a visit to Kyrgyzstan, which will host a Shanghai Cooperation Organization summit

Russia ready to resume Arctic Council’s work, but if partners work in good faith — Lavrov

The foreign minister said Russia is also "prepared for the scenario currently being pursued by NATO countries within the organization," implying attempts to discuss issues without its participation

Kiev increasingly losing on battlefield — US journalist

Russian forces continue to liberate territories, Christopher Helali said

Blocking extradition of Ukrainian to prove Kiev’s fault in Nord Stream sabotage — lawmaker

According to Steffen Kotre, the Ukrainian military "does not have carte blanche to sabotage German or European energy infrastructure"

Angelina Jolie arrives in Ukraine — news agency

According to UNIAN news agency, the actress visited Lvov and Ternopol

Six people died in catamaran accident off coast of Northern Cyprus — TV

Also 172 others were rescued, TRT Haber reported

US redirected 83 ships since resuming maritime blockade of Iran

The US military also disabled three and boarded two vessels

NATO attempts to use Arctic to contain Russia — Lavrov

The Russian foreign minister noted that Russia favors constructive dialogue in all regions of the world but, when necessary, will defend its national interests "by all available means"

Russia to respond to hostile actions of its opponents, including asymmetrically — Lavrov

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Number of wounded in Belgorod missile attack rises to 16

Acting Governor Alexander Shuvayev reported that three more people wounded in the missile attack sought medical aid

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US seriously considers use of nuclear weapons in Europe — Russian MFA

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All options on table to sanction China for ties with Iran — US Treasury secretary

Scott Bessent also said he would hold talks with his Chinese counterparts during the meeting of G20 finance ministers and central bank chiefs

Northern Fleet task force departs on long Arctic mission

The fleet will practice measures to ensure safety of Russian navigation via the Northern Sea Route, Captain 2nd Rank Alexander Zinovyev said

NATO military activities in Arctic may lead to catastrophic consequences — Lavrov

The foreign minister said NATO's Operation Arctic Sentry involves intensive military preparations in close proximity to Russia's northern borders

Ukrainian interceptor drones powerless against new Russian jet-powered UAVs — newspaper

Welt TV correspondent Christoph Wanner stated that Ukraine "has not yet kept pace with the development of these technologies for its own interceptor drones," and "the problems are now evident"

Energy cooperation always on agenda of Russian-Chinese contacts — Kremlin

This is mutually beneficial cooperation, Russian presidential press secretary Dmitry Peskov said

Special op, security in Europe more important for Russia than ties with overseas countries

Russian presidential press secretary Dmitry Peskov told this Vesti host Pavel Zarubin

Putin may have brief conversation with UN chief on SCO summit’s sidelines

No separate meeting between Russian President Vladimir Putin and UN Secretary General Antonio Guterres is planned on the sidelines of the AShanghai Cooperation Organization summit, Russian presidential press secretary Dmitry Peskov said

US convinced that Iceland referendum results to have no effect on NATO membership

Department of State spokesman Tommy Pigott said that the US is looking forward "to strengthening our partnership with Iceland on all fronts"

Kazakhstan’s parliament votes to reappoint Bektenov as prime minister

Oljas Bektenov’s candidacy, proposed by President Kassym-Jomart Tokayev, was supported by 137 of the 145 deputies present

US is unlikely to achieve quick military victory in Iran — newspaper

According to The New York Times, airstrikes have not helped Washington accomplish its goals

FACTBOX: 239 drones downed, Ukrainian strikes on homes, logistics center in Yekaterinburg

Air defenses destroyed 12 Ukrainian drones over the Voronezh Region during the night, Governor Alexander Gusev said

Kiev loses 9,600 soldiers, mercenaries in special op zone last week — expert

Andrey Marochko added that over the past week, the Russian military also destroyed nearly 6,000 unmanned aerial vehicles, three uncrewed boats, three tanks, 47 field artillery guns

Russia advancing along entire frontline in special op’s zone — Kremlin spokesman

The dynamic is absolutely positive for Russia, Dmitry Peskov said

EU sees no real threat of alleged Russian attack on bloc — Politico

Back in 2025, Russian President Vladimir Putin said he was ready to "formalize an agreement on mutual non-aggression with Western countries in order to alleviate the concerns that exist in this regard"

US to use Venezuelan oil to replenish its strategic reserves — Trump

The ‘topping out’ process will begin very shortly, and is a gift from Venezuela to the people of the United States, US President wrote on his Truth Social platform

Putin to travel to Bishkek to attend SCO summit

The Russian leader’s schedule includes attending the SCO Council of Heads of States, a meeting in the SCO+ format, and bilateral talks with his counterparts

Zaporozhye NPP unable to replenish emergency generator fuel due to Ukrainian attacks

"The plant has sufficient fuel for its diesel generators," Yevgenia Yashina added

IRGC says supertanker hits mines in Strait of Hormuz — agency

The vessel attempted to use an "illegal route" in the southern part of the Strait of Hormuz

Uncrewed boat found off Turkish Samsun province coast — agency

The site has been cordoned off

Gunmen tried to enter hotel housing AES parliament members — Russian ambassador

Viktor Voropayev attended a gala dinner at the hotel on the evening of August 28 for lawmakers taking part in the parliamentary session

Ukraine’s defeat drawing nearer every day; Kiev understands this — Kremlin

Kremlin Spokesman Dmitry Peskov reiterated that the Kiev regime is receiving and will continue to receive"an even more than adequate response" to its attacks on civilian sectors of the Russian economy

Russia still open to talks on Ukraine, but there are no conditions for them — Kremlin

Dmitry Peskov commented on whether President Vladimir Putin could discuss the possibility to continue the work of negotiating groups on Ukraine in Istanbul at a meeting with his Turkish counterpart Recep Tayyip Erdogan

Russia’s Ivan Papanin patrol ship can break through solid ice up to 1.7 m thick — captain

Kirill Tkachenko emphasized that the ship is capable of handling even thicker ice

Putin to lay out Russia’s position on referendum on EU to Armenian PM — Kremlin

Each top-level contact is important, Russian presidential press secretary Dmitry Peskov said

Putin-Trump-Zelensky summit possible only at end of talks — Kremlin spokesman

Dmitry Peskov said there have been calls for organizing a Putin-Trump-Zelensky summit for quite some time now

Six drones taken down while approaching Moscow — mayor

Sergey Sobyanin says first responders are working on the crash site

Warehouse fires, damage to energy facility: situation in Ukraine

An energy facility was damaged in the Chernigov Region in northern Ukraine, regional administration head Vyacheslav Chaus said

EU needs Russia as ‘external enemy’ to collect more taxes — Kremlin

Kremlin Spokesman Dmitry Peskov noted that voters do not like this

30 vessels not let pass through Strait of Hormuz without Iran’s permit in past week

Currently, navigation through the Strait of Hormuz is only possible upon an agreement with the Iranian side and after paying corresponding fees