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Press review: Price cap may push oil to $100 and global wheat prices plunge - Vimarsana News

Press review: Price cap may push oil to $100 and global wheat prices plunge

Top stories from the Russian press on Tuesday, December 6th

Source: tass.com
For an indefinite time: Gazprom completely stopped the pumping of gas through the Nord Stream - Vimarsana News

For an indefinite time: Gazprom completely stopped the pumping of gas through the Nord Stream

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...

Putin: Europe should be grateful to Turkey for the uninterrupted transit of Russian gas to the market - Vimarsana News

Putin: Europe should be grateful to Turkey for the uninterrupted transit of Russian gas to the market

Russian leader Vladimir Putin said that European partners should be grateful to Turkey for the uninterrupted transit of gas from Russia.

Up to 9.5% per annum: The Bank of Russia lowered the key rate for the fourth time in a row - Vimarsana News

Up to 9.5% per annum: The Bank of Russia lowered the key rate for the fourth time in a row

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 spoke about the situation with stocks of flour and wheat in the country - Vimarsana News

Prime Minister of Georgia spoke about the situation with stocks of flour and wheat in the country

Prime Minister of Georgia Irakli Garibashvili at a government meeting spoke about the situation with stocks of flour and wheat in the country.