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☆ Safe-haven gold rises as Israeli attack on Iran raises concerns of wider conflict
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: +2 min

Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Gold prices rose on Friday as risk aversion swept across financial markets following media reports on explosions in Iran, prompting fears of a wider regional conflict and increasing bullion's safe-haven appeal. The news of Israel's attacks on Iran today "is driving gold price attention on the Middle East which has been the sole thing keeping the gold price moving higher for weeks now. "Gold is not a monetary policy trade at the moment, it's a geopolitics trade," Rodda said. Eventually, even if geopolitical risks subside, "Chinese gold reserve accumulation acts as the major catalyst.

Persons: Bullion, Kyle Rodda, Rodda, Ilya Spivak Organizations: Novosibirsk Refining Plant, Reserve Locations: Novosibirsk, Russia, Iran, Israel

CNN —The four men suspected of carrying out a brutal attack at a Moscow concert hall that killed at least 137 people have appeared in court on terror charges, as the Kremlin defended its security services criticized for failing to prevent the massacre. Shamil Zhumatov/ReutersOn Monday, three days after the attack, rescuers were still searching among the ruins of the collapsed concert hall and trying to clear rubble. CNN has geolocated the 90-second video to the concert hall, where bodies and blood can be seen on the floor as fire rages above. Despite ISIS appearing to provide evidence that its fighters had carried out the attack, Russian President Vladimir Putin has been keen to point the finger elsewhere. Firefighters respond to the burning Crocus City Hall on March 22.

Persons: Dalerdzhon, Saidakrami, Shamsidin, Faizov, Shamil Zhumatov, Reuters Rachabalizoda, Fariduni, ”, Dmitry Peskov, Mukhammadsobir, Vladimir Putin, – Putin, Maria Zakharova, Maxim Shemetov, Adrienna Watson, –, Peskov, Alexander Matveev, ” Matveev Organizations: CNN, Kremlin, Court, ISIS, Novosti, Crocus City Hall, Reuters, Ministry, Emergency, Saturday, Russian Foreign Ministry, ”, Firefighters, US National Security, US, Moscow Locations: Moscow, Soviet, Tajikistan, Russia, Crocus, Ukraine, Kyiv, Siberian, Novosibirsk, Basmanny, Podolsk, Krasnogorsk, Russian, ” Ukraine, Washington, United States, ”

A CNN team at a polling station in Moscow said the line grew rapidly over a five to ten minute spell at around noon, and estimated 150 people had arrived. The CNN team said that police were letting people in batches through the gates to pass through security, with metal detectors and bags being checked inside the building. I think everybody in this queue knows why.”Voters queue at a polling station in St. Petersburg, Russia, at noon local time on Sunday. He posted a video of himself voting at a polling station near Moscow. The Navalny team also posted an image from the city of Novosibirsk with the caption: “Today is #noon.

Persons: Alexey Navalny, ”, Boris Nadezhdin, Navalny, Navalny’s, Yulia, “ Alexey, Putin, Navalnaya, Molotov, Vladimir Putin, Putin’s, Joseph Stalin Organizations: CNN, YouTube Locations: Russia, Moscow, St . Petersburg, Social, St Petersburg, Novosibirsk, Siberia, Ukraine, Alaska, Kaliningrad, Soviet

Moscow CNN —Thousands of mourners gathered in Moscow for the funeral of Russian opposition leader Alexey Navalny despite a heavy police presence and the threat of detention. APAround 20 minutes before Navalny’s funeral began, the live signal of the CNN team on the ground appeared to be blocked. The live feed organized by Navalny’s team also dropped. Mourners gather around the casket of Alexey Navalny during his funeral in Moscow on March 1, 2024. as the Kremlin critic's coffin is carried to the Moscow church hosting his funeral.

Persons: Alexey Navalny, clapped, “ Putin, ” Navalny, Vladimir Putin’s, Navalny’s, Frank Sinatra’s, ”, Dmitry Peskov, ” Maria Pevchikh, Navalny, CNN’s Matthew Chance, Putin, Lyudmila Navalnaya –, –, ” Marina, “, …, ’ ”, Tatiana, ” Tatiana, Yulia Navalnaya, “ I’m Organizations: Moscow CNN —, Kremlin, of, Police, AP, CNN, Navalny’s, Reuters Locations: Moscow, Russian, Moscow’s Maryino, Borisov, Russia, Ukraine, Siberia, St . Petersburg, Siberian, Novosibirsk –, Yekaterinburg, Germany

☆ Alexey Navalny: Arrests, vigils, and Kremlin silence as Russia marks Putin critic’s death
▼ + stars: | 2024-02-18 | by ( Sophie Tanno | ) edition.cnn.com time to read: +7 min

The prosecutor’s office in Moscow warned that any demonstrations in the capital over the death of Navalny were forbidden. Stringer/ReutersSince Navalny’s death more than 366 people have been detained, according to OVD-Info, an independent Russian human rights group that monitors Russian repression. “Navalny’s death is terrible: hopes have been smashed,” he said. On some of Russia’s state media channels, however, reports of Navalny’s death have been scant. The claims follow condemnation from Russia’s foreign ministry over the West’s response to Navalny’s death.

Persons: Alexey Navalny, Navalny, Vladimir Putin, Putin, “ Putin, Josef Stalin, SOTA, Stringer, Vladimir Putin’s “, ”, “ Navalny, Alexander, Andrei Bok, Mikhail, Surgut, Alexei Navalny, Peter Nicholls, Maria Zakharova, –, “, CNN’s Eve Brennan, Uliana Pavlova Organizations: CNN, Reuters, Don, Nizhny, Russian, Russian Embassy, CIA, Russia, Foreign, NATO, Putin, Kremlin Locations: Russia, Berlin, Paris, Hague, ”, Moscow, Siberian, Novosibirsk, St Petersburg, Murmansk, Rostov, Nizhny Novgorod, OVD, Ukraine, Germany, Soviet, Surgut, Siberia, St . Petersburg, Belgorod –, Chelyabinsk, Russia’s, London

Floral tributes to Alexei Navalny, President Vladimir Putin's fiercest foe who died Friday in a Russian penal colony, were removed overnight by groups of unknown people while police watched, videos on Russian social media channels show. Russia's prison service said in the Arctic penal colony where he was serving a 19-year sentence. On Saturday, police blocked access to a memorial in the Siberian city of Novosibirsk and detained several people, OVD-Info said. Videos and photos shared on Russian social media channels showed flowers being cleared from monuments to victims of Soviet-era repressions across Russia. The news of Navalny's death comes less than a month before an election that will give Putin another six years in power.

Persons: Alexei Navalny, Vladimir Putin's, Putin, ”, Nigel Gould, Davies, Navalny, Yulia Navalnaya, Alexei, Putin’s, ” Navalnaya, Joe Biden, Washington doesn’t, Chancellor Olaf Scholz, Navalny “, Dmitry Peskov, Kira Yarmysh Organizations: Russia's Federal Security Service, International Institute for Strategic Studies, Russia’s Federal, Service Locations: Russian, Russia, Siberian, Novosibirsk, Moscow, British, Belarus, Eurasia, London, Russia’s, Kharp, Germany, ”

☆ Gold prices at nearly two-week low as Fed rate-cut bets recede
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: +2 min

A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 2023. Gold prices lingered near their lowest level in almost two weeks on Tuesday, pressured by a firmer dollar and elevated Treasury yields, as traders lowered expectations of aggressive interest rate cuts by the U.S. Federal Reserve this year. Data released on Monday showed that the U.S. services sector growth picked up in January after Friday's blowout U.S. jobs report that dashed prospects of early Fed rate cuts. Traders have repriced their bets to four quarter-point cuts for 2024, down from six last Monday, according to LSEG's interest rate probability app IRPR. Investors are awaiting remarks from at least eight Fed speakers this week for further clues on the timing of rate cuts.

Persons: Ajay Kedia Organizations: Novosibirsk Refining Plant, U.S . Federal Reserve, Fed, Kedia Commodities, Treasury, Traders Locations: Novosibirsk, Russia, U.S, Mumbai, China

☆ Gold set for best week in 7 as dollar softens ahead of US jobs data
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +2 min

Bullion has climbed 1.8% this week, set for its best weekly gain since late December. Lower interest rates boost non-yielding bullion's appeal. Spot gold rose nearly 1% on Thursday after data from the U.S. Labor Department showed initial jobless claims rose more than expected last week. Fed Chair Jerome Powell pushed back on the idea of an interest rate cut in the spring, but expressed confidence in inflation moving towards the desired 2% range. Money market pricing shows traders are nothing but sure about a rate cut in May.

Persons: Brian Lan, Jerome Powell Organizations: Novosibirsk Refining Plant, Treasury, Federal Reserve, GoldSilver, U.S . Labor Department Locations: Novosibirsk, Russia, Singapore, U.S

How the Russian Government Silences Wartime DissentJust days after invading Ukraine, President Vladimir V. Putin of Russia signed a censorship law that made it illegal to “discredit” the army. The indignities of the crackdown, and the long arm of the Russia law, is being lost in the numbers. Nanna Heitmann for The New York TimesIn dry legalese, the court documents recount the Russian state’s case against these statements and protests. People’s “negative assessment” of the Russian military could adversely affect its performance, the court said, presenting a national security risk. And I very much don’t want this.”Sergei Platonov at district court in Moscow listening to his guilty verdict in November.

Persons: Vladimir V, Putin, ”, — schoolteachers, —, That’s, Ukraine —, pollsters, Andrei Kolesnikov, Demyan, Aleksandr T, Olga V, ” Maksim L, Omsk Diana I, Denis V, Russia ”, “, Maksim P, Anna S, Maria V, people’s “, Russia’s, Zaynulla Gadzhiyev, Mr, Bespokoyev, Marina Tsurmast, scrawled, Nanna Heitmann, Tsurmast, Gadzhiyev, Vladimir Kara, Murza, Aleksandra Y, Skochilenko, Selimat, Vladimir A, Rustam I, ” Yelena L, Aleksandr K, Olga P, Dmitri D, Sergei V, Eve, Daria Ivanova, Ms, Ivanova, “ you’ll, Anton Redikultsev, Redikultsev, Jan, Marina, Sergei P, ” Yuldash, ” Dmitri S, Peskov, Putin’s, Sergei Platonov, Platonov, Russian Gestapo ”, Polina, Kolesnikov, Anna Sliva, Sliva Organizations: New York Times, Times, Carnegie Russia Eurasia Center, OVD, Penza Yuriy V, Russia, ”, Ukraine ” “, YouTube, Bucha, Ukraine, Police, The New York Times, Armed Forces, Russian Federation, VK, Russian Gestapo, The New York Locations: Russia, Russian, Ukraine, “, Omsk, Peace, Ukraine ” “ Ukraine, Bucha, Moscow, St, Petersburg, Iglino, ”, Novosibirsk, Siberia, Crimea, Ukrainian, Kalga, Russia’s, OVD, Coast, Primorye, Soviet

☆ Morning Bid: Gold makes the running as oil fails to fire
▼ + stars: | 2023-12-04 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

Oil failed to sustain an early rally that followed news of attacks on commercial shipping in the Red Sea. Notably, oil prices lost early gains and Brent eased around 57 cents to $78.31 a barrel amid doubts that OPEC+ would be able to maintain planned output cuts, particularly by some African countries. At the same time, U.S. oil output is at record levels above 13 million barrels a day and rig counts are still rising. A commodity faring better is gold, which surged suddenly this morning to top $2,111 an ounce for the first time before paring the gains to $2,086. Yields on U.S. two-year notes rose almost 4 bps, but that follows a drop of 40 bps last week.

Persons: Alexander Manzyuk, Wayne Cole, Treasuries, Yemen's, Brent, Bundesbank, Christine Lagarde, Bonds, Goldman Sachs, Anna Breman, Riksbank, Edmund Klamann Organizations: REUTERS, Bulls, ECB, Thomson Locations: Novosibirsk, Siberian, Russia, Wayne, Red, U.S, Saudi Arabia

☆ Gold eyes 3rd weekly gain as lower inflation cements Fed cut bets
▼ + stars: | 2023-12-01 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

Spot gold rose 0.3% at $2,042.58 per ounce by 0621 GMT on Friday, and is up about 2% for the week so far. The metal rose $60 in November in its second straight monthly gain. Data on Thursday showed U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years. "However, month-end flow may have also been a factor, and seasonality tends to favour gains for gold between November and December," City Index's Simpson added. Spot silver and platinum edged up 0.1% to $25.29 and $927.44 per ounce, respectively, while palladium rose 0.4% to $1,011.65.

Persons: Alexander Manzyuk, Powell, Matt Simpson, CME's, Index's Simpson, Hugo Pascal, Harshit Verma, Nivedita Bhattacharjee, Mrigank Organizations: REUTERS, Federal, Reuters, Federal Reserve, Traders, U.S, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Gold holds ground ahead of US inflation test
▼ + stars: | 2023-11-30 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

An employee casts ingots of 99.99 percent pure gold at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. Spot gold was flat at $2,044.30 per ounce by 0728 GMT, trading in a range of about $6. It hit its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. U.S. gold futures for December delivery fell 0.1% to $2,045.40 per ounce. Reporting by Harshit Verma in Bengaluru; Editing by Rashmi Aich, Mrigank Dhaniwala and Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexander Manzyuk, Yeap Jun Rong, Jerome Powell, Harshit Verma, Rashmi Aich, Mrigank Dhaniwala, Sonia Cheema Organizations: REUTERS, PCE, U.S, Fed, Traders, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Gold scales 6-month peak on softer dollar, Fed pause bets
▼ + stars: | 2023-11-27 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

Spot gold was up 0.5% at $2,010.99 per ounce by 0758 GMT, after hitting its highest since May 16. U.S. gold futures rose 0.4% to $2,011.70. Reuters Graphics"What's moving gold at the moment is the lower U.S. dollar because of the recent soft data," said Kyle Rodda, a financial market analyst at Capital.com. The dollar index (.DXY) edged down 0.1% against its rivals, not far from a more than two-month low level touched last week, making gold less expensive for other currency holders. Recent data showing signs of slowing inflation in the U.S. has boosted expectations that the Fed could begin easing monetary conditions sooner than expected.

Persons: Alexander Manzyuk, Kyle Rodda, Rodda, CME's, Wang Tao, Harshit Verma, Janane Venkatraman, Sherry Jacob, Phillips Organizations: REUTERS, U.S, PCE, Federal, Reuters, Fed, Traders, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

The woman in the video, her face blurred, gave a blunt assessment of Russian military policy: Soldiers mobilized over a year ago to fight in Ukraine deserved to come home. Why weren’t they? “Our mobilized became the best army in the world, but that doesn’t mean that this army should stay there to the last man,” she said. Women in various cities are seeking to stage public protests, challenging the official argument that mobilized troops are needed in combat indefinitely to secure their Russian homeland. Hand-lettered posters behind the speaker in the video echoed that sentiment with slogans like “Do only the mobilized have a homeland?” A video of the speech, delivered at a rally in the Siberian city of Novosibirsk on Nov. 19, was released online.

Persons: ” Locations: Ukraine, Russia, Russian, Siberian, Novosibirsk

☆ Goldman says 'shine is returning' for gold as investors ramp up bets on rate cuts
▼ + stars: | 2023-11-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Gold prices on Monday rose to a more than six-month high as the U.S. dollar weakened and investors firmed up bets that the Federal Reserve is done with interest rate hikes. Spot gold was up 0.52% at $2,012.39 per ounce at 1:47 p.m. London time, but reached a May 16 high of $2,017.82 earlier in the day, Reuters reported. Gold futures for December hit $2,018.9, the highest level since Oct. 27, according to CNBC calculations. A weaker dollar and lower interest rates are often flagged by market-watchers as boosting gold prices.

Persons: CME's Organizations: Novosibirsk Refining Plant, U.S, Federal, Reuters, CNBC Locations: Novosibirsk, Russia, London

☆ A Russian A320 that made an emergency landing in a wheat field gave customers about $1,100 in compensation
▼ + stars: | 2023-11-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

A Russian airline gave customers about $1,100 each after it ditched a plane in a Siberian wheat field. The Airbus A320 is still stuck over two months later, and the carrier may "mothball" it for the winter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Ural's payout comes two and a half months after the A320 ended up in the remote Russian wheat field. AdvertisementWorkers inspecting the A320 jet in Siberia.

Persons: —, Alexey Malgavko, Oleg Konyuk Organizations: Airbus, Service, Ural Airlines, TASS, People, Federal Air Transport Agency, Aerotime, Workers Locations: Russian, Siberia, Novosibirsk, Ubinsky

☆ Gold steadies; poised for second weekly gain on weaker dollar
▼ + stars: | 2023-11-24 | by ( Brijesh Patel | ) www.reuters.com time to read: +2 min

REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsSummaryCompanies Gold up 0.7% so far this weekPlatinum eyes second weekly gainDollar heads for second weekly fallNov 24 (Reuters) - Gold held steady on Friday, set for its second consecutive weekly gain, supported by a weaker U.S. dollar as markets grew confident that the Federal Reserve was done with its interest rate hikes. The dollar index (.DXY) slipped 0.2% against its rivals and was on track for a second weekly drop, making gold less expensive for other currency holders. Earlier this week, the Fed minutes showed the central bank would proceed "carefully" and "all participants judged it appropriate to maintain" the current rate setting. "There is that disconnect between market expectations for rates and what the Fed minutes showed and that's what's causing some hesitation in the price of gold," Waterer said. Platinum was flat at $915.57, but was heading for its second weekly rise.

Persons: Alexander Manzyuk, Tim Waterer, CME's, Waterer, Brijesh Patel, Sherry Jacob, Phillips, Rashmi Organizations: REUTERS, Federal, KCM Trade, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Gold slips below $2,000 level as dollar halts slide
▼ + stars: | 2023-11-22 | by ( Brijesh Patel | ) www.reuters.com time to read: +2 min

Spot gold was down 0.1% at $1,996.33 per ounce, as of 0335 GMT. However, "the move lower in the U.S. dollar looks overextended ... And with an effective 4-day weekend looming in the U.S., gold currently lacks the legs to commit fully above $2,000." A weaker dollar makes gold less expensive for other currency holders. Data on Tuesday showed U.S. existing home sales dropped to the lowest level in more than 13 years in October. Swiss gold exports in October rose to their highest level since May as deliveries to India surged to meet demand during the country's festive season, customs data showed.

Persons: Alexander Manzyuk, Matt Simpson, CME's, Brijesh Patel, Sherry Jacob, Phillips Organizations: REUTERS, U.S . Federal Reserve, Index, U.S, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Swiss, India, Bengaluru

☆ Gold drops below $2,000 as dollar gains, US yields pare losses
▼ + stars: | 2023-11-22 | by ( ) www.cnbc.com time to read: +2 min

Gold prices fell below the key $2,000 per ounce level on Wednesday as the U.S. dollar rebounded from lows and Treasury yields pared losses, while expectations that the Federal Reserve will pause rate hikes limited the slide in bullion. Lower interest rates typically boost gold prices as they reduce the opportunity cost of holding non-yielding assets. "The increase in the markets expectations for Fed cutting cycle to commence earlier in 2024 has been the prime force driving gold prices higher over the last week," said Daniel Ghali, commodity strategist at TD Securities. Fed officials agreed at their last policy meeting that they would proceed "carefully" and only raise interest rates if progress in controlling inflation faltered, minutes of the Oct. 31-Nov. 1 gathering showed. In other metals, spot silver fell 0.4% to $23.66 per ounce.

Persons: Jim Wyckoff, Daniel Ghali Organizations: Novosibirsk Refining Plant, U.S, Federal, Kitco Metals, Treasury, Reserve, TD Securities, Fed Locations: Novosibirsk, Russia, U.S

☆ Gold rises on dollar weakness as focus turns to Fed minutes
▼ + stars: | 2023-11-21 | by ( Brijesh Patel | ) www.reuters.com time to read: +2 min

The dollar languished near more than a 2-1/2-month low as investors expect U.S. interest rates to fall next year. A weaker dollar makes gold less expensive for other currency holders. Signs of slowing inflation in the United States has boosted expectations that the U.S. central bank was done raising interest rates. Lower interest rates decrease the opportunity cost of holding gold. Inflation is likely to remain "stubborn" and force the Fed to keep interest rates elevated for longer than investors anticipate, Richmond Fed president Thomas Barkin said.

Persons: Alexander Manzyuk, Edward Meir, CME's, Jerome Powell, It's, Meir, Thomas Barkin, Brijesh Patel, Sherry Jacob, Phillips Organizations: REUTERS, Treasury, Federal, Benchmark, Richmond Fed, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, United States, Bengaluru

☆ Gold ticks higher as dollar slips on Fed pause bets
▼ + stars: | 2023-11-20 | by ( Brijesh Patel | ) www.reuters.com time to read: +2 min

Spot gold rose 0.1% to $1,981.79 per ounce as of 0306 GMT, after rising 2.2% last week. The dollar slipped 0.2% to a more than a 2-1/2 month low against its rivals, making gold less expensive for other currency holders. Traders now widely expect the Fed to leave rates unchanged at its Dec. 12-13 policy meeting, according to the CME FedWatch tool. Lower rates exert downward pressure on the dollar and bond yields, enhancing the appeal of non-yielding bullion. Holdings of SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, rose 1.49% to 883.43 tonnes on Friday.

Persons: Alexander Manzyuk, Kyle Rodda, Brijesh Patel, Chris Reese, Rashmi Organizations: REUTERS, Federal, Fed, Traders, Holdings, SPDR, Trust, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Two killed as hurricanes rage in Russia's Siberia
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Nov 19 (Reuters) - Two people were killed when a tree crushed their car as hurricanes with winds reaching 38 metres per second hit several regions in Russia's Siberia on Sunday. Another two people were hospitalised by the falling tree in the Russian city of Novokuznetsk, TASS news agency quoted a regional official. A large sign fell on a woman near a shopping centre in Novokuznetsk, a video on social media showed. According to a local official, cited by RIA Novosti, the woman was hospitalised. According to Russian media, winds caused damage in Kemerovo, Krasnoyarsk, Novosibirsk and Omsk regions, Altai Krai, Republic of Altai, Republic of Khakasia.

Persons: Sergei Kuznetsov, Kuznetsov, Guy Faulconbridge Organizations: TASS, RIA Novosti, Republic of Altai , Republic of Khakasia, Reuters, Thomson Locations: MOSCOW, Siberia, Russian, Novokuznetsk, Kemerovo, Krasnoyarsk, Novosibirsk, Omsk, Altai Krai, Republic of Altai , Republic of

REUTERS/Alexander Manzyuk Acquire Licensing RightsSummaryCompanies US consumer prices unchanged in OctoberU.S. dollar eyes worst session in a yearSilver, palladium gain more than 3%Nov 14 (Reuters) - Gold prices gained 1% on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation data fuelled bets that the Federal Reserve may be done hiking interest rates. U.S. consumer prices were unchanged in October and underlying inflation showed signs of slowing. We are expecting a significant deterioration in the data over the course of the fourth quarter, which should weaken dollar and support gold," said Daniel Ghali, commodity strategist at TD Securities. "Over the next six months, we're looking at gold prices to rally towards $2,100 per ounce." Reuters GraphicsBoosting bullion's appeal, the dollar index (.DXY) fell 1.4%, its biggest daily decline in one year, while benchmark 10-year Treasury yields eyed their worst day in eight months after the inflation data.

Persons: Alexander Manzyuk, Austan Goolsbee, Daniel Ghali, Commerzbank, Ashitha Shivaprasad, Emelia Sithole, Shilpi Majumdar Organizations: REUTERS, Companies, Treasury, Federal, Chicago Fed, TD Securities, Reuters, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

☆ Ordinary Russians Feel Wrath of Putin’s Repression
▼ + stars: | 2023-11-11 | by ( Ann M. Simmons | ) www.wsj.com time to read: +2 min

Authorities in Novosibirsk fined a woman 15,000 rubles around the same time for tearing down a poster exalting Russian soldiers fighting in Ukraine. In St. Petersburg, a man was briefly detained in September for holding a poster reading, “Wishing for peace is not a crime! In August, the police had briefly detained Belsky after he hoisted a poster in the same location reading, “Russia is tired of corruption, repression and propaganda! “In Russia, people are imprisoned for simply wanting peace,” said Belsky, a 34-year-old specialist in decorative restoration. “I don’t think it’s a crime to want peace.” The police warning has scared Belsky from staging any further protests.

Persons: Vladimir Putin, Artyom Belsky, Belsky, ” Organizations: United Nations Locations: Siberia, Novosibirsk, Ukraine, St . Petersburg, Russia, Kazan

☆ Russian manufacturer test-flies prototype widebody passenger airplane
▼ + stars: | 2023-11-08 | by ( Barry Neild | Anna Chernova | ) edition.cnn.com time to read: +4 min

CNN —Russia’s leading aircraft manufacturer says it’s completed a successful test flight of a new widebody passenger airplane that it claims could replace Western aircraft in the country’s skies. UAC, which oversees Russian aviation brands including Tupolev, Ilyushin and Sukhoi, said the plane will be capable of carrying up to 370 passengers, a capacity that would put it alongside the likes of Airbus’ A340 or Boeing’s 777. As of 2022, only 144 active Russian airline planes were built in Russia, according to data provided by aviation analytics firm Cirium. “Although Moscow won’t admit it, the sanctions that followed the Ukraine invasion have really damaged Russian aviation,” Murdo Morrison, head of strategic content at FlightGlobal, tells CNN. Addressing concerns, Russia’s Ministry of Transport said at the time that flight safety on Russia-operated aircraft meets international standards.

Persons: CNN —, it’s, ”, Denis Manturov, Vladimir Putin, Murdo Morrison, ‘, Yuri Slyusar, FlightGlobal’s Morrison Organizations: CNN, CNN — Russia’s, United Aircraft Corporation, UAC, Russian, Tupolev, Sukhoi, Airbus, Russia, Boeing, Bombardier, Embraer, Moscow, ”, Ural Airlines, International Civil Aviation Organization, Russia’s Ministry of Transport Locations: Ukraine, Russia, “, Russia’s Novosibirsk, Bhutan, Congo, Liberia, Moscow

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