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An Airbus A320 operated by Ural Airlines made an emergency landing in Siberia last month. Russia has been facing an aircraft shortage due to international sanctions. Ural is repairing the jet, protected by 24/7 security, in hopes it will take off from the field. AdvertisementAdvertisementA Russian airline's Airbus A320 could take off from the same wheat field where it made an emergency landing last month, Reuters reported. Russia has been grappling with an aircraft shortage since the country faced international sanctions in the wake of its invasion of Ukraine in February 2022.
Persons: , Alexey Malgavko Organizations: Airbus, Ural Airlines, Service, Reuters, Boeing, REUTERS, Telegram Locations: Siberia, Russia, Sochi, Omsk, Siberia's Novosibirsk, Ukraine, Ural
The Airbus A320 which had been flying from Sochi to Omsk with 167 people on board, landed safely in the field in western Siberia's Novosibirsk region on Sept. 12. Ural Airlines said a hydraulics fault was to blame. "According to the preliminary technical assessment of specialists, the aircraft is in good condition," Ural Airlines said in a statement. "Several options are being considered for the plane taking off from the field," Ural said, such as the plane's seats being removed to make the aircraft lighter. Ural Airlines did not respond to Reuters' questions about any contacts with Airbus, repair costs or any risks to its plan.
Persons: Alexey Malgavko, Gleb Stolyarov, Alexander Marrow, Mark Potter Organizations: Airbus, Ural, REUTERS, Ural Airlines, West, Boeing, Reuters, CFM International, Thomson Locations: Sochi, Omsk, Kamenka, Novosibirsk, Russia, Ural, Siberia, Ukraine, Siberia's Novosibirsk, Moscow
A video showing Russian President Vladimir Putin criticizing former speaker of the Canadian House of Commons Anthony Rota for praising Yaroslav Hunka, a veteran who served in a Nazi unit during World War Two, has been cropped to falsely claim that Putin was insulting Canadian Prime Minister Justin Trudeau. “Justin Trudeau just got called an idiot by Vladimir Putin,” read a post on messaging platform X, formerly known as Twitter. The video shows Putin delivering his annual speech to the Moscow-based think tank Valdai Discussion Club in the Russian Black Sea resort of Sochi on Oct. 5. Putin called the Canadian parliament's standing ovations to honor Hunka "disgusting," and said it showed Moscow was right to "denazify" Ukraine, Reuters reported. Vladimir Putin insulted Anthony Rota, not Justin Trudeau.
Persons: Vladimir Putin, Anthony Rota, Yaroslav Hunka, Putin, Justin Trudeau, “ Justin Trudeau, , Hitler, Hunka, Rota, Volodymyr Zelenskiy, Trudeau, Read Organizations: Canadian, of, Nazi, Twitter, Canadian Nazi, Canada, Russia, Nazi Waffen SS, Reuters, Thomson Locations: Moscow, Russian, Sochi, Canada, Canadian, Ukraine
The announcement by Mikhail Ulyanov added new fuel to tensions between Russia and the United States over Moscow's invasion of Ukraine and arms control disputes between the world's largest nuclear weapons powers. Ulyanov, Moscow's envoy to the CTBTO, said on X, the social media platform formerly known as Twitter, that "#Russia plans to revoke ratification (which took place in the year 2000) of the Comprehensive Nuclear-Test-Ban Treaty." "The aim is to be on equal footing with the #US who signed the Treaty, but didn't ratify it. While the United States signed but did not ratify the treaty, it has observed a moratorium on nuclear weapon test explosions since 1992 that it says it has no plans to abandon. The spokesperson said Russia should reach an "equal footing" with the United States "by not wielding arms control and irresponsible nuclear rhetoric in a failing attempt to coerce other states."
Persons: Vladimir Putin, Sergei Guneev, Washington, Mikhail Ulyanov, Ulyanov, Robert Floyd, Floyd, Francois Murphy, Alex Richardson, Angus MacSwan, Alexander Smith Organizations: Sputnik, REUTERS, Acquire, Comprehensive, Treaty Organization, United, U.S . State Department, Party, Washington, Russian, Russian Federation, Conference, Disarmament, Thomson Locations: Sochi, Russia, Moscow, States VIENNA, WASHINGTON, United States, Ukraine, Ban, China, Egypt, Iran, Israel, North Korea, India, Pakistan, Vienna, U.S
[1/2] A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. REUTERS/Maxim Shemetov/Illustration/File photo Acquire Licensing RightsOct 5 (Reuters) - The Russian rouble weakened past 100 to the dollar to a more than seven-week low as President Vladimir Putin spoke on Thursday, hurt by reduced foreign currency supply from exporters early in the month. By 1535 GMT, the rouble was 0.7% weaker against the dollar at 100.30 , its weakest point since Aug. 14. The rouble has lost support of a favourable month-end tax period that usually sees exporters convert FX revenues to meet local liabilities. "But this will happen either in the second half of the month or when the exchange rate goes above 100 roubles per dollar," Antonov said.
Persons: Maxim Shemetov, Russian rouble, Vladimir Putin, Putin, Bogdan Zvarich, Alexei Antonov, Antonov, Alexander Marrow, Angus MacSwan, Paul Simao, William Maclean Organizations: REUTERS, Brent, Thomson Locations: Russian, Sochi, United States, Ukraine, Moscow, Alor
A specialist works at the site of a crash of the private jet linked to Yevgeny Prigozhin in the Tver region, Russia, on August 24. "There was no external influence on the plane; it is an established fact," the Russian leader claimed. The mutiny was suddenly called off in a deal that required the Wagner chief and his fighters to relocate to Belarus. There is no concrete evidence that points to Kremlin involvement and, officially, the cause of the crash is unknown. Meanwhile, Ukrainian officials and US President Joe Biden have suggested Putin may have been behind the crash.
Persons: Yevgeny Prigozhin, Anton Vaganov, Wagner, Yevgeny Prigozhin's, Vladimir Putin, Putin, Prigozhin, Joe Biden, Jessie Yeung, Lauren Said, Moorhouse Organizations: Reuters Investigators, Wagner Locations: Tver, Russia, Russian, Sochi, Belarus
CNN —Russian President Vladimir Putin suggested Thursday that it was not an “external” attack that crashed the plane carrying Wagner warlord Yevgeny Prigozhin in August, but hand grenades within the aircraft. Speaking at the Valdai Forum in Sochi, Putin said the “chairman of the investigative committee just reported a few days ago that the fragments of hand grenades were found in the bodies of the victims. A wreckage of the private jet is seen near the crash site in the Tver region, Russia, August 24, 2023. In June, Prigozhin and his Wagner troops seized key military sites and marched toward Moscow, where the Kremlin had deployed heavily armed troops to the streets. Peskov has denied claims that the Kremlin might have been involved in the plane’s demise, calling such speculation an “absolute lie.”
Persons: Vladimir Putin, Wagner, Yevgeny Prigozhin, Putin, ” Prigozhin, Prigozhin, Stringer, , Prigozhin’s, Dmitry Peskov, Joe Biden, I’m, Peskov Organizations: CNN, Kremlin, Reuters Locations: Sochi, Moscow, St . Petersburg, Tver, Russia, St Petersburg, Belarus
CNN —Russian President Vladimir Putin has announced that Russia has successfully carried out a test of a new generation of nuclear-powered cruise missile. State news agency RIA Novosti quoted Putin as saying the “last successful test of the Burevestnik, a global-range cruise missile with a nuclear installation, a nuclear propulsion system, has been conducted.”Putin was speaking at the Valdai Forum in Sochi. The program to develop the Burevestnik was announced by Putin in March 2018 as part of a broader initiative to develop a new generation of intercontinental and hypersonic missiles. Among them were the Kinzhal ballistic missile and the Avangard hypersonic glide vehicle. “It is a low-flying stealth missile carrying a nuclear warhead, with almost unlimited range, unpredictable trajectory and ability to bypass interception boundaries,” Putin said then.
Persons: Vladimir Putin, Novosti, Putin, ” Putin, Alexei Leonkov Organizations: CNN, Federal Assembly, Nuclear Threat Initiative, Intercontinental Ballistic Missiles Locations: Russia, Sochi, U.S
Putin says Russia tested an experimental nuclear-powered cruise missile. AdvertisementAdvertisementRussian leadership claims the country tested one of its new "super weapons," specifically the Burevestnik nuclear-powered cruise missile, and it purportedly worked. Russian President Vladimir Putin announced the latest test of the cruise missile at the Valdai International Discussion Club, Russian state media reported on Thursday. Russia conducted a "successful test" of the "Burevestnik nuclear-powered global-range cruise missile," Putin said, per an AP translation of his remarks. The one-of-a-kind cruise missile has had a troubled history.
Persons: Putin, , Vladimir Putin, didn't, SERGEI GUNEYEV, Moscow, Donald Trump Organizations: Service, The New York Times, Russian Navy, Ukraine's, Sputnik, Getty, New York Times, CNBC, NATO, State Department Locations: Russia, Russian, Sochi, Moscow, United States, Nenoksa
Russian President Vladimir Putin attends a meeting with the crew of the Alyosha T-80 tank, which destroyed a Ukrainian armoured convoy on the Zaporizhzhia direction in the course of Russia-Ukraine conflict, at the Kremlin in Moscow, Russia August 24, 2023. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/ File Photo Acquire Licensing RightsOct 5 (Reuters) - President Vladimir Putin on Thursday reiterated his position that Russia did not start the war in Ukraine but launched what it calls a "special military operation" to try to stop it. In his yearly speech to the Valdai Discussion Club, being held in Sochi, Putin said Russia, the world's largest country by area, had no need to take territory from Ukraine. He said the conflict was not therefore imperial or territorial but about the global order, and that the West, which had lost its hegemonic power and always needed an enemy, had lost touch with reality. Reporting by Vladimir Soldatkin and Guy Faulconbridge; Writing by Alexander Marrow; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Mikhail Klimentyev, Putin, Vladimir Soldatkin, Guy Faulconbridge, Alexander Marrow, Kevin Liffey Organizations: Kremlin, Sputnik, REUTERS, Thomson Locations: Russia, Ukraine, Moscow, Kremlin, Sochi
Putin says Russia has tested next-generation nuclear weapon
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +3 min
Russian President Vladimir Putin delivers a speech at the 20th Annual Meeting of the Valdai Discussion Club in Sochi, Russia, October 5, 2023. Putin, who has repeatedly reminded the world of Russia's nuclear might since launching his invasion of Ukraine on Feb. 24, 2022, said no one in their right mind would use nuclear weapons against Russia. He noted that the United States had not ratified the treaty that bans nuclear tests, whereas Russia had both signed and ratified it. In February, Putin suspended Russia's participation in the New START treaty that limits the number of nuclear weapons each side can deploy. I think no person of sound mind and clear memory would think of using nuclear weapons against Russia."
Persons: Vladimir Putin, Grigory Sysoyev, Putin, Sergei Karaganov, Karaganov, Mark Trevelyan, Kevin Liffey Organizations: Sputnik, REUTERS Acquire, Rights, Duma, Military, Reuters, Thomson Locations: Sochi, Russia, Moscow, Ukraine, Soviet Union, United States, Russia's, Russian, Western, U.S, Europe
By Guy FaulconbridgeMOSCOW (Reuters) -President Vladimir Putin on Thursday held out the possibility that Russia could resume nuclear testing for the first time in more than three decades and might withdraw its ratification of a landmark nuclear test ban treaty. The Kremlin chief said there was no need to change Russia's nuclear doctrine however, as any attack on Russia would provoke a split-second response with hundreds of nuclear missiles that no enemy could survive. "I think no person of sound mind and clear memory would think of using nuclear weapons against Russia," Putin told a meeting of the Valdai Discussion Club in the Black Sea resort of Sochi. He noted that the United States had signed the Comprehensive Nuclear-Test Ban Treaty but not ratified it while Russia had signed and ratified it. In February, Putin suspended Russia's participation in the New START treaty that limits the number of nuclear weapons each side can deploy.
Persons: Guy Faulconbridge MOSCOW, Vladimir Putin, Putin, Sergei Karaganov, Karaganov, Margarita Simonyan, UKRAINE Putin, Russia's, Guy FaulconbridgeEditing, Andrew Osborn, Andrew Heavens Organizations: Kremlin, State Duma, Inside, RT, United Nations, Soviet Union, United, Cuban Missile, West Locations: Russia, Moscow, Russian, Black, Sochi, West, United States, Inside Russia, Ukraine, Siberia, Ban, Soviet Union, UKRAINE, Afghanistan, Ukrainian
According to US Figure Skating, it’s the only time in the history of the modern Olympics that athletes were not awarded their medals on site. Russian Kamila Valieva competes in the women's free skate program during the figure skating competition at the 2022 Winter Olympics, Thursday, Feb. 17, 2022, in Beijing. Figure Skating will continue to stand alongside and support our athletes throughout this frustrating situation,” the organization said in a statement. “There are significant economic costs associated with not receiving an Olympic medal,” Zhou said in his statement. “These Olympic athletes fund a multi-billion dollar industry,” Koehler said, noting that the IOC brings in $2.4 billion annually.
Persons: Vincent Zhou, “ I’ve, I’ve, , Vincent, you’ve, ” Zhou, He’s, ” Vincent Zhou, Matthew Stockman, Kamila Valieva, Valieva, David J, Phillip, RUSADA, Zhou, they’ve, haven’t, Kamila, Alexander Nemenov, Rob Koehler, , ” Koehler, Koehler, it’s, Jean Catuffe, They’re, they’re, they’ll, It’s, Adam Nelson, Yuriy Bilonog, ” Nelson, ’ ” Nelson, WADA, Valieva –, “ There’s, Matthieu Reeb, ” Reeb, “ WADA, ” WADA, ” RUSADA, he’ll, he’s Organizations: CNN —, Winter Games, CNN Sport, Capital, Getty, Russian Olympic Committee, Sochi Games, Doping Agency, International Olympic Committee, International Skating Union, ISU, Sport, US Olympic, Paralympic, Global, IOC, CNN, Skating, Olympic, Paralympic Museum, Olympic Movement, , USA, Games, Valieva, US, Doping ’ Agency, Locations: Beijing, China, Russia, Japan, Russian, Lausanne, Moscow, AFP, Colorado, “ U.S, U.S, American, Atlanta, Athens, Canada,
Turkish President Tayyip Erdogan and his Russian counterpart Vladimir Putin attend a press conference after their meeting in Sochi, Russia September 4, 2023. Murat Cetinmuhurdar/Turkish Presidential Press Office/Handout via REUTERS/File photo Acquire Licensing RightsANKARA, Sept 21 (Reuters) - Turkish President Tayyip Erdogan said he does not agree with the negative approach other leaders are showing towards his Russian counterpart Vladimir Putin, Turkish broadcasters quoted him as saying on Thursday. I also don't find these approaches correct, because Russia is not a regular country," Erdogan was cited as saying. "Be it with its surface area or its position in the world, Russia has a clear place. NATO ally Turkey has sought to maintain good relations with both Moscow and Kyiv since Russia invaded Ukraine last year.
Persons: Tayyip Erdogan, Vladimir Putin, Murat Cetinmuhurdar, Erdogan, Moscow, Putin, Chris Reese, Alistair Bell Organizations: Turkish Presidential Press, REUTERS, Rights, United Nations General Assembly, Putin, NATO, Initiative, United Nations, Thomson Locations: Sochi, Russia, Rights ANKARA, New York, Turkey, Moscow, Kyiv, Ukraine, Ankara
[1/2] U.S. Winter Olympic bobsledder Aja Evans poses for photos wearing Polo Ralph Lauren items designed for U.S. Winter Olympic Team at the company's store in New York City, New York, U.S., January 20, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 21 (Reuters) - Aja Evans, a 2014 Olympic bobsled bronze medalist, has filed a lawsuit alleging that a doctor who worked on Team USA's medical staff subjected her to nearly a decade of sexual abuse and harassment during treatment. The USOPC said it had not reviewed the complaint, but "remains committed to ensuring the safety and wellbeing of Team USA athletes," including by eliminating abuse. USA Bobsled did not immediately respond to a request for comment. "Rather than being protected, believed, and taken seriously, Ms. Evans was subjected to investigation and degradation by the USOPC and USA Bobsled governing bodies," the lawsuit said.
Persons: Aja Evans, Polo Ralph Lauren, Brendan McDermid, Jonathan Wilhelm, Evans, Larry Nassar, Ryan Stevens, Wilhelm, Nassar, USA Bobsled, Ms, bobsled, Frank Pingue, Bill Berkrot Organizations: Winter, U.S, REUTERS, USA's, United States Olympic, Paralympic, Federation, USA Gymnastics, Team USA, videotaping, USA, Thomson Locations: New York City , New York, U.S, New York, USA, Lake Placid , New York, Sochi, Toronto
Russian Army Gen. Sergey Surovikin appears to be in Algeria, according to recent photos. Surovikin is the mastermind of Russia's formidable defensive lines and fortifications in Ukraine. But as Kyiv's forces break through these elaborate fortifications, the mastermind behind them is nowhere near the action. The experts cited several additional photographs of Surovikin purportedly in Algeria, which were published to Telegram by Russian sources. Insider was unable to independently verify any of the recent photographs of Surovikin shared to X and Telegram.
Persons: Sergey Surovikin, Wagner, Surovikin, Dara Massicot, Yevgeny Prigozhin —, Russia's Aerospace Forces Sergei Surovikin, Russian Armed Forces Valery Gerasimov, Staff Sergei Rudskoi, Vladimir Putin, Mikhail Metzel, subsume Wagner Organizations: Russian, Wagner Group, Service, RAND Corporation, Twitter, Institute for, Commonwealth, Independent States, CIS, Kommersant, Russia's Aerospace Forces, Staff, Russian Armed Forces, Armed Forces, Sputnik, Russian MoD Locations: Algeria, Ukraine, Africa, Wall, Silicon, Russia, Moscow, California, Washington, Yevgeny Prigozhin — Russia, North Africa, Russian, Sochi
A major fire erupted at an airport in the Russian resort town of Sochi on Wednesday. Telegram channels published footage of the fiery explosion, saying it was the result of a drone strike. Officials have not confirmed the cause of the fire, but Russian Telegram channels Baza and SHOT reported that it was the result of a drone strike. The channel published footage of what appears to be an object falling onto a fuel tank before light engulfs the camera. The Moscow Times reported that the fire occurred at a Rosneft oil depot, and published footage of firefighters battling the flames.
Persons: Aleksei Kopaigorodskii, Kopaigorodskii, it's, It's, Vladimir Putin, Alexander Lukashenko Organizations: Wednesday, Service, Moscow Times, Putin, Russia's Defense Ministry Locations: Russian, Sochi, Wall, Silicon, Black, Russia, Ukrainian, Georgia, North Korea
Vladimir Smirnov | Afp | Getty ImagesUnder President Vladimir Putin, Russia has occupied an often contradictory and increasingly unsettling position on the global stage in recent years. Some close followers of Russia believe Moscow, operating outside international law, is increasingly acting like a "rogue state" itself, particularly in its desire to challenge and subvert the West's dominance in global affairs. Russian President Vladimir Putin (R) meets with Syrian President Bashar al-Assad in the Black Sea resort of Sochi, Russia November 20, 2017. "Russia is increasingly a rogue state: Its core relations are with countries outside a rules-based global order: Belarus, Iran, Syria, and North Korea," Ian Bremmer, the president and founder of Eurasia Group, told CNBC Monday. Friends, with benefitsRussian political analyst Anton Barbashin rejected the label of "rogue state" for Russia, however, saying Moscow continues to hold power and influence in a more global geopolitical sphere.
Persons: Vladimir Putin, Kim Jong Un, Vladimir Smirnov, , Bashar al, Assad, Mikhail Klimentyev, South Korea —, Ian Bremmer, Bremmer, Kim, Kim Jong, Putin, Edward Howell, Anton Barbashin, Barbashin, Narendra Modi, Xi Jinping, Mikhail Svetlov Organizations: North, Vostochny, Afp, Getty, . Security, Sputnik, Kremlin, Eurasia Group, CNBC, NATO, Ukraine, Russian, Oxford University, UN Security Council, UN, Democratic People's, UNSC, Indian Locations: Amur, Russia, North Korea, Iran, Belarus, Syria, Ukraine, Moscow, China, India, Black, Sochi, U.S, South Korea, United States, Pyongyang, Russian, Tsiolkovsky, Korea, Beijing, DPRK, Democratic People's Republic of Korea, North, Turkey, OSAKA, JAPAN, Osaka, Japan
Russian President Vladimir Putin grimaces during his joint press conference with Turkish President Recep Tayyip Erdogan (not pictured), September 4,2023, in Sochi, Russia. Getty ImagesThe Biden administration is set to impose sanctions on five Turkish companies and a Turkish national on Thursday, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine, a senior Treasury official said. Multiple senior U.S. officials, including Deputy Treasury Secretary Wally Adeyemo, have traveled to Turkey since Russia's February 2022 invasion of Ukraine as part of a pressure campaign to prevent any Turkish companies from helping Russia circumvent U.S. curbs. Wally Adeyemo, deputy U.S. Treasury secretary, speaks during a news conference at the Department of Justice in Washington, D.C., U.S., on Monday, Nov. 8, 2021. "These designations reflect our ongoing commitment to target individuals and entities who provide material support to sanctioned entities," the official added.
Persons: Vladimir Putin grimaces, Recep Tayyip Erdogan, Biden, reconvenes, Wally Adeyemo, Ting Shen, we've Organizations: Turkish, Getty, Treasury, NATO, U.S, Department of Justice, Washington , D.C, Bloomberg Locations: Sochi, Russia, Moscow, Ukraine, Turkey, Washington, Ankara, Sweden, United States, Sea, Washington ,, Turkish
[1/4] A view shows Russia's Ural Airlines plane flying from Sochi to Omsk after an emergency landing in western Siberia's Novosibirsk region, Russia, in this still image from video published September 12, 2023. Russian Emergencies Ministry/Handout via REUTERS Acquire Licensing RightsSept 12 (Reuters) - Russia's Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing in western Siberia's Novosibirsk region, Russian agencies reported on Tuesday. There were no immediate reports of injuries or the reason for the emergency landing. Russia's Interfax news agency reported that there were 159 people aboard. Earlier, TASS reported that the plane carried 156 people.
Persons: Lidia Kelly, Edmund Klamann Organizations: Airlines, Russian Emergencies Ministry, REUTERS Acquire, TASS, Thomson Locations: Sochi, Omsk, Siberia's Novosibirsk, Russia, Melbourne
Putin discusses Niger crisis with Malian leader Assimi Goita
  + stars: | 2023-09-10 | by ( ) www.reuters.com   time to read: +1 min
Russian President Vladimir Putin attends a meeting with the Pobeda (Victory) organizing committee via a video link in Sochi, Russia September 5, 2023. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Acquire Licensing RightsSept 10 (Reuters) - Russian President Vladimir Putin on Sunday held a phone call with the interim leader of Mali, Assimi Goita, and discussed topics including anti-terrorism efforts and the crisis in Mali's neighbour Niger, the Kremlin said in a statement. According to the statement, the two leaders agreed that the crisis in Niger, where a July coup ousted President Mohammed Bazoum, could only be resolved by diplomatic means. West Africa's main regional bloc, The Economic Community of West African States (ECOWAS), has previously threatened military intervention to restore Bazoum to power. Reporting by Felix Light; Editing by Hugh Lawson and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Mikhail Klimentyev, Assimi Goita, Mohammed Bazoum, Moscow's Wagner, Felix Light, Hugh Lawson, Sharon Singleton Organizations: Sputnik, REUTERS, Sunday, Kremlin, Economic, West African States, ECOWAS, Moscow's Wagner Group, Thomson Locations: Sochi, Russia, Kremlin, Mali, Mali's, Niger, Africa's
Presenting the new forecasts, Erdogan said that tight monetary policy would lower inflation to single digits, adding Turkey will not compromise on economic expansion as policies are adjusted. It trimmed GDP growth forecasts to 4.4% this year and 4% next year, which is still higher than most economists expect, from 5% and 5.5% previously. The economy is expected to slow through year-end - and ahead of nationwide municipal elections set for March next year - as stimulus tied to the May elections fades and as the policy rate hikes, to 25% from 8.5%, start to weigh. A Reuters poll last month showed expectations of 2.9% full-year growth, lower than trend in the emerging market economy that seeks to reverse a years-long exodus of foreign investors. Inflation will "be very high for an extended period of time, which will trigger second-round effects such as wage settlements."
Persons: Tayyip Erdogan, Vladimir Putin, Mikhail Klimentyev, Erdogan, Tatha Ghose, Huseyin Hayatsever, Jonathan Spicer, Peter Graff, Alexandra Hudson Organizations: Sputnik, REUTERS Acquire, Reuters, AK, Ece Toksabay, Alexandra Hudson Our, Thomson Locations: Sochi, Russia, Kremlin, ANKARA, Turkey, Istanbul, Ankara
What is the Black Sea grain deal and why does it matter?
  + stars: | 2023-09-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat is the Black Sea grain deal and why does it matter? Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan meet in Sochi to discuss the next steps for the Black Sea grain deal. CNBC’s Dan Murphy explains why that matters.
Persons: Vladimir Putin, Recep Tayyip Erdogan, CNBC’s Dan Murphy Locations: Russian, Sochi
WASHINGTON — Turkish President Recep Tayyip Erdogan said following a meeting with Russian President Vladimir Putin on Monday that a resolution to the suspended Black Sea Grain Initiative can be reached "in a short time." The deal — which was brokered between Turkey, the United Nations, Ukraine and Russia in July 2022 — helped ease the Kremlin's naval blockade in the Black Sea and established a humanitarian corridor for agricultural exports. Putin said that he was ready to "consider the possibility of reviving the grain deal" provided that Russian agricultural products are "fully implemented" in the new agreement. The Russian leader also placed the blame on Western governments for stoking a global food security crisis following Moscow's exit from the Black Sea grain deal. "There is no physical shortage of food," Putin told reporters following the bilateral meeting with Erdogan.
Persons: Recep Tayyip Erdogan, Vladimir Putin, , Erdogan, Read, Putin Organizations: United, UN Locations: WASHINGTON, Turkey, United Nations, Ukraine, Russia, Sochi, Moscow
Russia strikes Ukraine grain port ahead of Putin-Erdogan talks
  + stars: | 2023-09-04 | by ( ) www.reuters.com   time to read: +1 min
Sept 4 (Reuters) - Russia launched an overnight air attack on one of Ukraine's major grain exporting ports, Ukrainian officials said, hours before Russian President Vladimir Putin and his Turkish counterpart, Tayyip Erdogan, were due to hold talks. Ukraine's air force urged residents of Izmail port, one of Ukraine's two major grain-exporting ports on the Danube River in the Odesa region, to seek shelter after midnight on Monday. Putin and Erdogan were to meet on Monday in the Russian Black Sea resort of Sochi as Ankara and the United Nations seek to revive a Ukraine grain export deal that helped ease a global food crisis. After quitting the Black Sea grain deal, Moscow has launched frequent attacks on the ports of the Danube River, which has since become Ukraine's major route for exporting grain. Monday's attack - the scale of which was not immediately known - followed Russia's strikes on Sunday on the other major Danube port of Reni, in which the port's infrastructure was damaged and at least two people injured.
Persons: Vladimir Putin, Tayyip Erdogan, Putin, Erdogan, Lidia Kelly, Gerry Doyle Organizations: Turkish, United Nations, United, Thomson Locations: Russia, Izmail, Odesa, Ukraine, Russian, Sochi, Ankara, United Nations, Turkey, Moscow, Reni, Melbourne
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