Russia's central bank hikes rates to fight inflation fuelled by military spending
Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.
Donald Trump says he would end Russia's war in Ukraine should he return to the White House - but any rushed deal will likely leave Kyiv much weaker and European.. Sky News
In a bold statement, Russian Foreign Minister Sergey Lavrov has placed the blame for ongoing territorial losses squarely on Ukraine, accusing the government of violating key agreements. Speaking at the 16th Assembly of the Russian World, Lavrov criticised President Volodymyr Zelensky and his administration for failing to uphold commitments made during diplomatic negotiations, warning that such actions have directly contributed to the erosion of Ukraine's control over its territories.
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In a significant military development, Russian forces have reportedly liberated yet another settlement in the Donetsk region, further consolidating their control in this contested area. The latest operations involved targeting Ukrainian vehicles and weapon depots, signalling an intensification of efforts to dismantle Ukrainian military infrastructure. This liberation is part of a broader strategy that has seen Russian troops advance steadily, capturing key locations and reinforcing their positions. The recent operations are marked by targeted strikes on Ukrainian military assets, aimed at crippling logistics and supply lines. Russian Defense Ministry statements highlight the successful engagement of Ukrainian forces, resulting in substantial losses for Ukraine, including vehicles and munitions.
#RussianForces #Putin #Zelensky #RussiUkraineWar #DonetskLiberation #UkrainianConflict #MilitaryOperations #EasternFront #DefenseMinistry #UkrainianLosses #WarUpdate #ConflictNews #DonetskRegion #MilitaryStrategy #DroneStrikes #WeaponDepots #Geopolitics #RussiaUkraineWar #FrontlineNews
Russia claims it has seized control of Vyshneve village in Donetsk near the strategic hub of Pokrovsk, while Ukraine reports it has intercepted 66 of 96 drones launched by Russia.
Credit: euronews (in English) Duration: 01:00Published
Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further.
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The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
Credit: euronews (in English) Duration: 01:07Published
![Putin’s Aide Blames Ukraine for Violating Agreements, Zelensky Accountable for Territory Losses [Video]](https://video.newsserve.net/300/v/20241104/1392373952-Putin-Aide-Blames-Ukraine-for-Violating-Agreements.jpg)
![Russian Forces Liberate Another Settlement in Donetsk; Bomb Ukrainian Vehicles, Weapon Depots| Watch [Video]](https://video.newsserve.net/300/v/20241103/1392327894-Russian-Forces-Liberate-Another-Settlement-in-Donetsk-Bomb.jpg)
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![Bailey optimistic Bank of England can cut rates further [Video]](https://video.newsserve.net/300/v/20240919/1387945522-Bailey-optimistic-Bank-of-England-can-cut-rates.jpg)
![European Central Bank cuts interest rates again as inflation slows [Video]](https://video.newsserve.net/300/v/20240912/1387322684-European-Central-Bank-cuts-interest-rates-again-as.jpg)
