Press review: Price cap may push oil to $100 and global wheat prices plunge
Top stories from the Russian press on Tuesday, December 6th
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Top stories from the Russian press on Tuesday, December 6th
Gazprom, for technical reasons, completely stopped gas supplies to Europe via Nord Stream. The pipeline was temporarily shut down on August 31st for maintenance and scheduled to be restarted on September 3rd. However, during checks on the last operating engine, malfunctions were identified, and now its operation will be possible only after all problems have been eliminated. Meanwhile, the sanctions imposed by the West against Russia do not allow for a major overhaul of equipment, Gazprom explains. According to experts, against the backdrop of the shutdown of the Nord Stream, Europe risks facin...
Russian leader Vladimir Putin said that European partners should be grateful to Turkey for the uninterrupted transit of gas from Russia.
On Friday, June 10, the Board of Directors of the Central Bank of the Russian Federation decided to reduce the key rate from 11 to 9.5% per annum. As explained in the Central Bank, the external conditions for the Russian economy are still difficult, but inflation is slowing down faster than expected, and activity is declining on a smaller scale than expected. According to the Ministry of Economic Development, the actions of the Bank of Russia will boost lending and lead to a revival of consumer demand in the country. At the same time, experts do not exclude the possibility of another rate cut ...
Prime Minister of Georgia Irakli Garibashvili at a government meeting spoke about the situation with stocks of flour and wheat in the country.