Stay updated with breaking news from Vasily Karpunin. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Warmer-than-expected temperatures in Europe have reduced energy demand across the continent this winter, cutting into Russian President Vladimir Putin's war chest and allowing countries to conserve natural gas and even begin refilling gas storage tanks ahead of next winter.
Top stories from the Russian press on Friday, August 5th
On Friday, July 22, the Bank of Russia lowered its key rate from 9.5% to 8% per annum, the lowest level since the end of 2021. The Central Bank explained its decision by the ongoing slowdown in inflation in the country. According to the regulator, since the end of May, the annual growth rate of consumer prices has fallen on average in Russia from 17.1% to 15.5%, and by the end of 2022 it may reach 12%. According to the Central Bank, the external conditions for the economy are still difficult, but the decline in business activity turned out to be less than originally expected. According to expe...
Top stories from the Russian press on Wednesday, November 3rd
Top stories from the Russian press on Tuesday, October 19th