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RUSSIA'S ECONOMY

Central Bank expects Fitch to upgrade Russia’s sovereign rating

Inflation in Russia will be close to the lower bound of the Central Bank’s outlook of 5.5% in 2016, Nabiullina predicts

© EPA/ANDREW GOMBERT

KAZAN, October 13. /TASS/. The Bank of Russia expected Fitch Ratings to upgrade Russia’s sovereign rating, the regulator’s Chief Elvira Nabiullina said Thursday.

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Putin believes inflation in Russia will hit historic low by end of 2016

"We hope the rating will be upgraded, and there are reasons for that, such as the macroeconomic stability, sustainability, economic revival," she said, adding that the country’s monetary and fiscal policy "ensures long-term financial sustainability of the Russian economy."

Inflation in Russia will be close to the lower bound of the Central Bank’s outlook of 5.5% in 2016, Nabiullina predicts:

"We have not updated (the forecast), 5.5-6%. But, according to our estimates, inflation will be closer to the lower bound of the outlook in 2016."

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Central Bank of Russia

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Trump reminds Americans that Russia defeated Hitler, Napoleon

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Bank of Russia raises key rate from 16% to 18%, first time since December 2023

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Maria Zakharova emphasized that this case, as well as previous decisions on Russian and Belarusian athletes show that the modern Olympics have nothing to do with the goals of the Olympic movement declared more than a century ago in Paris and contradict the Olympic spirit

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Lavrov warns against ‘very bad scenario’ unfolding around Iran

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China demands that US withdraw nuclear weapons outside Europe

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The export duty rate for wheat is calculated on the basis of an indicative price of $220.5 per ton, for barley - $177.9 per ton, for corn - $187.4 per ton

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According to the source, the US informed the Iranian authorities that the Biden administration was ready to hold talks on a swift return to the JCPOA "provided that minor amendments to it are made"

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Russia’s Obereg armor vest outshines US, Chinese rivals in tests

Meanwhile, a Chinese-made armor vest failed to withstand a shot and was pierced through

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Abdullah II called on the US to create "a political horizon to achieve just and lasting peace on the basis of the two-state solution"

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Vasily Nebenzya pointed out that Israel has the right to ensure its security, "however, the road to this goal runs without any doubt exceptionally through a comprehensive resolution in the Middle East"

Infrastructure facilities suffer damage in three Ukrainian regions

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Paris spends $12 bln on Olympics, double what it planned — French daily

The 2024 Summer Olympic Games are hosted by the French capital of Paris between July 26 and August 11

Ukrainian presidential office against negotiating with Russia at this stage

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Numerous violations by YouTube serve as grounds to take action against company — watchdog

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Bank of Russia says scale of economic overheating in 1H largest over past 16 years

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All UNSC humanitarian resolutions on Gaza remain only on paper — Russian diplomat

The Israeli authorities, according to Vasily Nebenzya, continue hampering aid deliveries

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Vitaly Ganchev stated that his automatically makes these enterprises targets for Russian forces

Lukoil becomes first Russian company with regional headquarters status in Shanghai

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Nikolay Patrushev also underscored that ships of Western states cannot freely access Azov ports

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The administration’s staff tries to visit liberated communities as soon as possible to organize aid for local residents, Vitaly Ganchev said

Dam restoration after burst to start in the morning — Ministry of Emergencies

All the residents were evacuated

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Nebo-M can detect aircraft and ballistic missiles at a distance of one thousand kilometers

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Ruble starts to decline amid the Bank of Russia’s decision to raise key rate

The Bank of Russia raised the key rate for the first time since December 2023 - from 16% to 18% per annum, and will consider the further raising it at its next meetings

FBI seeking to interview Trump as part of assassination attempt investigation — TV

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US to maintain coalition of countries in support of Kiev and against Russia, says Biden

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Bank of Russia says to consider any ways to protect Russian investors’ interests

The European Commission banned the EU citizens and companies from participating in exchange of frozen assets with Russian investors earlier in July

US, its allies getting dragged deeper into Ukraine conflict — Russian UN ambassador

Dozens of foreign servicemen on active service are dying in Ukraine, Vasily Nebenzya said

Moscow to respond to EC’s expropriation of €1.5 bln worth of proceeds from Russian assets

Such illegal actions should not be followed by a swift response, it should be well-thought-out and fully meet Russia’s interests, Dmitry Peskov noted

NATO weapons to be hit in any country from where Russia may be attacked — Medvedev

The senior Russian official added that Moscow proceeded from the fact that all long-range weapons supplied to Ukraine were already "directly operated by servicemen from NATO countries"

West finds it increasingly hard to ignore corruption in Ukraine — Russia’s UN envoy

"They are continuously pumping arms into the Kiev regime, albeit with serious problems and setbacks," Vasily Nebenzya said

EC’s expropriation of proceeds from Russian assets to entail Moscow’s response

According to the French politician, such a decision will lead to the further escalation of tension "while Ukraine has already lost."

Ukraine may use talks with Russia to regroup militarily, expert says

"During his visit to China, Ukrainian Foreign Minister Dmitry Kuleba expressed readiness for dialogue and talks with Russia, which indicates a potential change in strategy," Zheng Renyi noted

Kiev exports Kharkov Region's factory capacities to western Ukraine — governor

Vitaly Ganchev emphasized that three key industrial facilities of the Kharkov Region, listing the Turboatom plant, the Kharkov Malyshev factory and the Kharkov State Aircraft Manufacturing Company are actually being destroyed

Ukraine’s Zelensky, Kuleba lie claiming readiness for talks — Russia’s OSCE envoy

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Number of Ukrainians with sober view of events to keep growing — Kremlin Spokesman

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Trump’s remarks on Russia’s victory over Hitler useful for Americans — Kremlin

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Water lost in Crimean Canal to help deal with water shortages in Crimea

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