Tag Archives: central

Part of a missile has fallen in Lipetsk Region, central Russia, regional authorities said on Saturday. There are no casualties, but some property was damaged, the statement said. The Lipetsk regional government said on Telegram that a long-range strike launched by the Russian military against Ukrainian defense industries and gas …

Before venturing into Gaza as an aid worker, Lalzawmi (Zomi) Frankcom, 43, who was born to an Australian father and an Indian mother, said her purpose was to “provide relief and warm food” to those affected by the conflict in the Palestinian enclave, her family members have recalled. Lalzawmi’s mission, …

One person was killed and two others were wounded in a stabbing attack in downtown Paris on Saturday evening, Interior Minister Gerald Darmanin has said. “The police have just courageously arrested an assailant attacking the passersby in Paris, around the Quai de Grenelle. One person is dead, and one injured …

The Bank of Russia raised interest rates by 350 basis points to 12% at an emergency meeting on Tuesday in a bid to halt the rapid depreciation of the ruble against world currencies. “Inflationary pressure is building up… The decision is aimed at limiting price stability risks,” the regulator said …

Europe is facing lower-than-expected economic growth as inflation continues to climb, European Central Bank chief Christine Lagarde revealed on Monday, explaining that the ECB had raised interest rates by 75 basis points in an attempt to control soaring prices. Speaking before the European Parliament’s Committee on Economic and Monetary Affairs on …

Germany is about to see its highest inflation in decades, the president of the nation’s central bank, Joachim Nagel, told the Rheinische Post on Saturday, adding that Germany might fall into a recession. “An inflation rate of even 10% is possible in the autumn months,” Nagel told the paper, adding …

The Federal Reserve will have to further accelerate increasing interest rates in order to rein in inflation, which is already at 40-year highs, Fed chairman Jerome Powell told the Senate Banking Committee on Wednesday. “I think that the most recent inflation indicators, [the] various kinds, suggest to us that we …

The Russian government should reconsider the way the nation’s export-dependent economy is functioning under the current circumstances, according to the country’s central bank governor Elvira Nabiullina. Speaking at the St. Petersburg International Economic Forum on Thursday, Nabiullina said that a “substantial part” of the country’s industry should work for the …

Russia has all the necessary financial resources to allow the economy to function under sanctions pressure, the Governor of the Central Bank Elvira Nabiullina said on Thursday at a meeting of the State Duma. She stressed there is no danger of default for the country. “Russia has the resources, all …

Bank of Russia Governor Elvira Nabiullina says Russia holds enough yuan and gold in its reserves to limit the impact of Western sanctions – even after Washington and its allies froze half the country’s holdings in dollars and other currencies. The regulator cut the share of dollars in reserves to …