Latest in Russian Inflation
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Russian central bank surprises markets by holding rates at 21% despite sky-high inflation
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.CNBC - 8m -
Russia struggles to tame inflation in ‘overheating’ war economy
Central bank expected to increase critical interest rate from its current record of 21%Financial Times - 5h -
Putin Glosses Over Russian Setbacks, Including Syria
The Russian president, in a marathon annual news conference, said that he had not yet met with Bashar al-Assad, the ousted Syrian leader who fled to Moscow, but that he planned to.The New York Times - 15h -
Putin admits Russian inflation is an 'alarming signal' and the economy is 'overheating'
Russian President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country's economy is overheating.CNBC - 23h -
Ukraine says it assassinated top Russian general
Ukraine is claiming responsibility for the assassination of a top Russian general in Moscow. Lt. General Igor Kirillov, who oversaw Russia's chemical weapons unit, was killed when a bomb hidden in ...CBS News - 2d -
Putin Glosses Over Russian Setbacks, Including Syria
The Russian president, in a marathon annual news conference, said that he had not yet met with Bashar al-Assad, the ousted Syrian leader who fled to Moscow, but that he planned to.The New York Times - 15h -
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Stocks plunge following Fed inflation projections
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.NBC News - 1d -
Suspect in Russian General’s Killing Detained Outside of Moscow
The Russian prosecutor’s office said the suspect, a 29-year-old citizen of Uzbekistan, confessed to planting the bomb on the orders of Ukrainian agents.The New York Times - 1d -
The vast spy agency behind Russian general’s death
Latest strike in shadow war with Moscow led by SBU, which emerged from Soviet Union’s KGBFinancial Times - 1d -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 2d -
UK inflation rises to 2.6% in November, in line with expectations
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.CNBC - 2d -
Ukraine says it assassinated top Russian general
Ukraine is claiming responsibility for the assassination of a top Russian general in Moscow. Lt. General Igor Kirillov, who oversaw Russia's chemical weapons unit, was killed when a bomb hidden in ...CBS News - 2d -
Ukraine Said It Assassinated a Russian General in Moscow
Also, Elon Musk and SpaceX face national security reviews. Here’s the latest at the end of Tuesday.The New York Times - 2d -
Monday Briefing: Ukraine says it killed a Russian General
Plus, the search for a van Gogh masterpiece.The New York Times - 2d -
Ukraine Scooter Bomb Kills Russian General
Russian general killed outside residential block by a bomb hidden in a scooter.BBC News - 2d -
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Ukraine's security service claims assassination of Russian general
Ukraine's security service claimed responsibility for killing the head of Russia's chemical, radiological and biological weapons unit, Lt. Gen. Igor Kirillov.NBC News - 3d -
Top Russian general killed in bomb blast in Moscow
Ukraine official says Kyiv was behind assassination of Igor Kirillov, head of nuclear, chemical and biological defence forcesFinancial Times - 3d -
Russian Tanker Wrecks Spilling Oil Into the Black Sea
The Volgoneft-212 was carrying thousands of barrels of oil when it ran aground late Sunday and damaged its hull. A second tanker was also damaged.The Wall Street Journal - 3d -
Russian presence in Syria remains. But it's unclear for how long
Russia’s intervention on behalf of former Syrian leader Bashar Assad once turned the tide of Syria's civil warABC News - 3d -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 3d -
Two Russian oil tankers wrecked in Black Sea
Video appears to show one of the tankers broken in half and sinking amid a heavy storm, with oil visible in the water.BBC News - 4d -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - Dec. 12 -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Dec. 11 -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - Dec. 11 -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - Dec. 11 -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - Dec. 11 -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - Dec. 11 -
Russian spies planned to kidnap journalist, trial hears
The Old Bailey has heard a Russian spy cell planned to kidnap a journalist and smuggle him out of the UK.BBC News - Dec. 10 -
Russian authorities arrest dual Russian German citizen on sabotage accusations
Russia’s top domestic security agency says it has arrested a dual Russian German citizen accused of planning to blow up railway tracks on orders from Ukrainian intelligenceABC News - Dec. 10 -
Romania Scraps Election After Russian Influence Allegations
The presidential election was canceled after the government accused Moscow of a TikTok campaign to propel a pro-Kremlin candidate to the fore.The Wall Street Journal - Dec. 6 -
Canada boosting Arctic presence in face of Russian threats
New plans include more aircraft and drones to grow foothold as other powerful countries seek base in far north. Canada will boost its military and diplomatic presence in the Arctic to counter ...The Guardian - Dec. 6 -
Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
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The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - Dec. 3