Russians’ cash savings have reached an all-time low of 15.9 trillion rubles ($152.15 billion) so far this year due to high interest rates, the country’s second-largest bank VTBsaid Wednesday.

“According to our estimates, the share of cash rubles in savings and investments, excluding pension and insurance products, is currently about 15%, or about 1

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TBILISI, Georgia-- Riot police, tear gas and smoke grenades: this is what the streets of the capital of Georgia-- a South Caucasus republic at the crossroads of Europe and Asia-- look like on the sixth consecutive day of mass protests.This country of 3.7 million people has actually for months been bogged down in a simmering political crisis in between the ruling
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Ukraine stated Wednesday that the body of a mayor captured by Russian forces in the Zaporizhzhia area at the start of the major invasion in 2022, who apparently died in their captivity, had been returned by Moscow.Moscow seized swathes of the Zaporizhzhia region in the days after the invasion started, consisting of the town of Dniprorudne, and
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Russia, Iran and Turkey remain in close contact over the conflict in Syria, Moscow said Wednesday, after a shock offensive has seen Islamist-led rebels record the second-largest city of Aleppo. The foreign ministers of the three guarantor countries-- Russia, Iran and Turkey-- remain in close contact with each other, Russian Foreign Ministry spo
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Russia’s Central Bank Governor Elvira Nabiullinasaid Wednesday the bank would likely raise the key interest rate this month, but the decision is not predetermined due to a recent slowdown in loans.

The regulator raised its key rate to a record-high 21% in October and said there was a “very high probability” of another increase at its Dec. 20 mee

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Russian attack drones have for months targeted civilians in the southern Ukrainian city of Kherson, in an attempt to clear the city ahead of a possible offensive there, the Financial Timesreported Wednesday, citing regional officials and residents.At least 37 individuals have been eliminated in more than 9,500 drone attacks on Kherson and its surrounding
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