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☆ You'll see a break in yields once you see a 'meaningful slowdown' in the economy: Subadra Rajappa
▼ + stars: | 2023-10-09 | 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 EmailYou'll see a break in yields once you see a 'meaningful slowdown' in the economy: Subadra RajappaAnastasia Amoroso, iCapital chief investment strategist, and Subadra Rajappa, Societe Generale head of U.S. rate strategy, joins 'Squawk Box' to discuss the latest market trends, the impact of Israel-Hamas conflict, rising Treasury yields, and more.

Persons: Subadra, Anastasia Amoroso Organizations: Societe Generale Locations: Israel

☆ Kremlin: Russian government closely involved in tackling debt problems at Rusnano
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

A board with the logo is on display on the office building of the Russian state-owned technology company RUSNANO in Moscow, Russia, November 17, 2016. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsMOSCOW, Oct 4 (Reuters) - The Kremlin on Wednesday said the Russian government was closely involved in tackling problems at state nanotechnology company Rusnano, which this week warned of its inability to make debt repayments and possible bankruptcy without state support. Citing the company's first-half report, the Interfax news agency reported on Rusnano's debt trouble on Tuesday. Rusnano said it was currently demonstrating signs of insolvency and warned that bankruptcy was possible should its shareholders - the Russian state - fail to adopt measures to improve its financial situation, Interfax reported. "There really are problems there, and it is an issue the cabinet of ministers is dealing with very closely."

Persons: Sergei Karpukhin, Rusnano, Dmitry Peskov, Anastasia Lyrchikova, Alexander Marrow, Mark Trevelyan, Guy Faulconbridge Organizations: REUTERS, Rights, Thomson Locations: Russian, Moscow, Russia

☆ Swiatek on board with WTA's performance byes
▼ + stars: | 2023-10-03 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +3 min

Byes are usually reserved for top seeds at events but the performance rule meant world number two Swiatek, who lost in the Tokyo quarters, went into the first round in China. World number one Aryna Sabalenka and number three Coco Gauff missed out on byes as they had not played since the U.S. Open. The Pan Pacific Open in Tokyo was a WTA 500 event, while the China Open is a WTA 1000 tournament. The WTA said it would continue to implement performance byes on a trial basis at its events during the rest of the season and throughout 2024, with adjustments made when required. Elena Rybakina pulled out of last week's Pan Pacific Open citing fitness issues, days after slamming the women's governing body for the introduction of performance byes at the event.

Persons: Iga, Slovenia's Kaja Juvan, Brendan Mcdermid, Swiatek, Jessica Pegula, Maria Sakkari, Anastasia Pavlyuchenkova, Veronika Kudermetova, Coco Gauff, it's, Sabalenka, Elena Rybakina, Sakkari, Caroline Garcia, Shrivathsa Sridhar, Peter Rutherford, Pritha Organizations: Tennis, Slovenia's Kaja Juvan REUTERS, Tokyo, U.S ., Pan, WTA, Reuters, Thomson Locations: Flushing Meadows , New York, United States, Tokyo, China, Guadalajara, Mexico, Bengaluru

☆ Pegula books clash with Kudermetova in Tokyo final
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +2 min

The 29-year-old American, gunning for her second title of the season following her triumph in Montreal, will take on Russian Veronika Kudermetova on Sunday. The pair traded breaks early in the second set before Pegula stepped up the pressure again, firing a sizzling forehand winner en route to a 4-2 lead. Pegula finished the job when she forced Sakkari into making a mistake from the back of the court. Earlier, Kudermetova outlasted former French Open runner-up Anastasia Pavlyuchenkova 7-6(6) 6-7(2) 6-3 in a gruelling battle lasting three hours and 25 minutes to make her second final of the season. "But today I'm really happy that I managed to win the match and to be in the final."

Persons: Jessica Pegula, Greece's Maria Sakkari, Androniki, Maria Sakkari, gunning, Russian Veronika Kudermetova, Pegula, Sakkari, Kudermetova, Anastasia Pavlyuchenkova, Roland Garros, Shrivathsa Sridhar, William Mallard Organizations: Pan, Ariake, Greece's Maria Sakkari REUTERS, Rights, Pan Pacific, Thomson Locations: Tokyo, Japan, United, Montreal, Russian, Guadalajara, Bengaluru

☆ Oil prices and the dollar surged in the third quarter. These ETFs can help you reset your portfolio
▼ + stars: | 2023-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

.DXY 1Y mountain The dollar index hit new highs for 2023 in September. "Energy equities haven't really kept up with the energy market rally," she added. The latest iShares outlook highlighted the firm's U.S. Energy ETF (IYE) as a way to play higher oil prices. Other major funds in that category include the Energy Select Sector SPDR Fund (XLE) , the Vanguard Energy Index ETF (VDE) and the Fidelity MSCI Energy Index ETF (FENY) . Investors can outsource currency market decisions in the form of managed futures ETFs, which have exposure to currency markets in addition to other asset classes.

Persons: Gargi Chaudhuri, Morgan Stanley, Sasikanth Chilukuru, It's, Chaudhuri, Todd Sohn, Sohn, Andrew Beer, Beer, You've, Anastasia Amoroso, There's, Amoroso Organizations: Texas, BlackRock, iShares, Energy, U.S . Energy, Vanguard Energy, Fidelity MSCI Energy, Wall, U.S ., Invesco DB, Fund, WisdomTree Bloomberg, Investors, Global, Apple, Nvidia Locations: U.S, Saudi Arabia, DBi, Japan

☆ Cleanup in Greece after Storm Daniel
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: 1 min

[7/21]Anastasia Tsagkarakaki, 60, stands by her belongings, removed from her flooded house, in the aftermath of storm Daniel in the village of Koskinas, Greece, September 26. Tsagkarakaki lost her crops and 120 chickens in the storm, while villagers brace for more heavy rains in the area. REUTERS/Louisa GouliamakiKoskinas, GREECE

Persons: Anastasia Tsagkarakaki, Daniel, Tsagkarakaki, Louisa Gouliamaki Koskinas Locations: Koskinas, Greece, GREECE

☆ WTA roundup: Russian teen wins opener at Guangzhou
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

Shnaider won six straight games in the first set and came back from a 2-0 hole in the second set to win in 75 minutes. Denmark's Clara Tauson eliminated Fruhvirtova 6-2, 7-6 (6). In other second-round matches, Martina Trevisan upset 15th-seeded Jasmine Paolini 7-5, 6-2 in an all-Italian matchup, and seventh-seeded Veronika Kudermetova of Russia downed Canada's Eugenie Bouchard 6-2, 6-7 (4), 6-4. Colombia's Emiliana Arango knocked out 11th-seeded Russian Anastasia Potapova 6-4, 6-3, and Italy's Camila Giorgi defeated Egypt's Mayar Sherif, the No. 14 seed, 7-5, 6-3.

Persons: Maria Sakkari, Russia's Diana Shnaider, Carl Recine, Diana Shnaider, Claire Liu, Shnaider, Liu's, Linda Fruhvirtova, Denmark's Clara Tauson, Magda Linette, Jodie Burrage, Minnen, Harriet Dart of, Akron Hailey, Karolina Pliskova, Baptiste, Pliskova, Martina Trevisan, Jasmine Paolini, Veronika Kudermetova, Canada's Eugenie Bouchard, Victoria, Caroline Dolehide, Emma Navarro, Sofia Kenin, Sachia Vickery, Colombia's Emiliana Arango, Anastasia Potapova, Italy's Camila Giorgi, Egypt's Mayar Sherif Organizations: Melbourne, Guangzhou, Harriet Dart of Great Britain, Guadalajara, Akron, D.C, WTA, Victoria Azarenka, Thomson Locations: Melbourne, Australia, China, Czech Republic, Poland, Britain, Spain, Belgium, Harriet Dart of Great, Akron Hailey Baptiste, Washington, Guadalajara, Mexico, Russia, Belarus, United States

☆ Russian c.bank governor speaks against reintroducing currency restrictions
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Elvira Nabiullina, Governor of Russian Central Bank, speaks to the media during the conference "10 years of the Megaregulator: yesterday, today, tomorrow" in Moscow, Russia September 1, 2023. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsMOSCOW, Sept 15 (Reuters) - Russian Central Bank Governor Elvira Nabiullina spoke out against reintroducing currency controls after hiking rates to 13% on Friday, warning that such steps were inefficient and ultimately would be circumvented. Nabiullina said that discussions about currency restrictions were underway, but were largely for the government to decide. "Administrative restrictions, if they are effective... then they are usually effective only for a limited time," Nabiullina said. Similarly, she said, repatriating FX revenues from foreign banks to Russian ones would have no impact on the rouble rate.

Persons: Elvira Nabiullina, Evgenia, Russian Central Bank Governor Elvira Nabiullina, Nabiullina, Vladimir Putin, Elena Fabrichnaya, Alexander Marrow, Vladimir Soldatkin, Anastasia Lyrchikova, Mark Trevelyan Organizations: Russian Central Bank, REUTERS, Rights, Russian Central Bank Governor, Bank of Russia, Thomson Locations: Moscow, Russia

☆ Watch CNBC's investment committee discuss this week's economic data
▼ + stars: | 2023-09-11 | 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 EmailWatch CNBC's investment committee discuss this week's economic dataStephanie Link, Joe Terranova, Anastasia Amoroso, and Jim Lebenthal join 'Halftime Report' to discuss consumer spending in services leading to above average growth in the economy and inflation, deceleration in consumer spending towards retail sales, and buying the dip caused by spiking yields.

Persons: Stephanie Link, Joe Terranova, Anastasia Amoroso, Jim Lebenthal Organizations: Watch

☆ Investors should buy the dip from spikes in yields, says iCapital's Anastasia Amoroso
▼ + stars: | 2023-09-11 | 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 EmailInvestors should buy the dip from spikes in yields, says iCapital's Anastasia AmorosoStephanie Link, Joe Terranova, Anastasia Amoroso, and Jim Lebenthal join 'Halftime Report' to discuss consumer spending in services leading to above average growth in the economy and inflation, deceleration in consumer spending towards retail sales and buying the dip caused by spiking yields.

Persons: iCapital's Anastasia Amoroso Stephanie Link, Joe Terranova, Anastasia Amoroso, Jim Lebenthal

☆ I left Russia and moved to Florida. These were the 5 biggest culture shocks.
▼ + stars: | 2023-09-08 | by ( Anastasia Chernikova | ) www.businessinsider.com time to read: +10 min

Elena Brandt grew up in Moscow and moved to Florida in 2018 with her husband. AdvertisementAdvertisementOur relationship progressed quickly; in 2018, I got my visa and moved to Florida. In the five years since moving to Florida, I've started a business, had two children, and worked through grad school. Russia has a much better deal for working mothersRussia offers working mothers more support than in the U.S. When my third baby was born in 2021 in Florida, I was working part-time and teaching at a university.

Persons: Elena Brandt, Brandt, It's, I've, I'd, Nikita Khruschev, Khrushchev, They're, deprecation, Russia's Organizations: Florida State University, Service, Yandex, U.S . Locations: Moscow, Florida, Wall, Silicon, Russian, United States, U.S, America, scone, Soviet, Iowa, USSR, Russia, New York, Ukraine

☆ Climate change adds workplace costs and hazards
▼ + stars: | 2023-09-07 | by ( Mark John | ) www.reuters.com time to read: +6 min

The 57-year-old's death in hospital was announced in late August - just as his trade union was ratifying a deal with UPS on improved heat protections. In a statement to local media, UPS (UPS.N) said it was cooperating with the authorities as they investigated the cause of death. "We train our people to recognize the symptoms of heat stress, and we respond immediately to any request for help," it said. Many European and other usually temperate countries still have no laws establishing maximum work temperatures. "Climate change is such a paradigm shift that all of us need to rethink these legacy economic assumptions," said NELP's Christman.

Persons: patchily, Chris Begley, Halshka Graczyk, Graczyk, Chaya, Anastasia Christman, Owen Tudor, Tudor, Jerome Volle, NELP's, David Stanway, Catherine Evans Organizations: UPS, Teamsters, International Labour Organization, Chiang Mai University, . Occupational Health, Safety Authority, Employment Law, International Trade Union Confederation, Reuters, Thomson Locations: Texas, Paris, Thailand, Myanmar, China, Singapore

☆ Emmanuelle Béart, 'Mission: Impossible' star, reveals she was victim of incest
▼ + stars: | 2023-09-06 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —French film actress Emmanuelle Béart has revealed that she was a victim of incest, continuing a national reckoning with child sexual abuse in France. Béart tells her story as part of the documentary, “Un silence si bruyant” (“Such a loud silence”), which she co-directed. Mikova went on to say that Béart did not want to name her abuser for “family reasons.”Beart played Claire Phelps in the film "Mission: Impossible" (1996). Let’s break the silence.”The issue of incest and child sexual abuse has come to fore in France in recent years after an accusation in a prominent family prompted a national reckoning. “Being subjected to personal attacks, and in an attempt to preserve the institutions in which I work, I terminate my functions,” Duhamel wrote on Twitter shortly after the accusations surfaced.

Persons: Emmanuelle Béart, Manon, Béart, Anastasia Mikova, –, Guy Béart –, Mikova, ” Beart, Claire Phelps, Murray, “, ”, ” Béart, Elle, Charlotte Caubel, Camille Kouchner, Olivier Duhamel, Duhamel, ” Duhamel, BFMTV Organizations: CNN, Sciences Po, Twitter, Reuters Locations: French, France, “, Socialist, Paris

☆ Use a barbell strategy for tech and cyclicals but be selective, says iCapital's Anastasia Amoroso
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUse a barbell strategy for tech and cyclicals but be selective, says iCapital's Anastasia AmorosoAnastasia Amoroso, iCapital's chief investment strategist, joins 'Closing Bell' to discuss her bullish case for the market, the barbell approach to portfolio diversity, and slowing consumer spending.

Persons: iCapital's Anastasia Amoroso Anastasia Amoroso

Greece’s prime minister, Kyriakos Mitsotakis, has said that it is facing a “totally extreme weather phenomenon” and has urged the public to follow instructions from authorities. A man drives his bike in rising waters, during a storm in the city of Volos, Greece, September 5, 2023. Anastasia Karekla/Eurokinissi/ReutersCars drive among debris and mud, following a flash flood during a storm in the city of Volos, Greece, September 5, 2023. As the storm enters the Mediterranean Sea, it may take on characteristics similar to a tropical storm. Known as “medicanes,” these systems can bring dangerous conditions to the Mediterranean Sea and coastal countries similar to tropical storms and hurricanes in the Atlantic or typhoons in the Pacific.

Persons: Kyriakos Mitsotakis, Anastasia Karekla, Daniel Organizations: CNN, Reuters Locations: Greece, Evia, Agios Georgios, Volos, Skiathos, Europe

☆ Daniel Ortega Turns Against the Jesuits
▼ + stars: | 2023-09-04 | by ( Mary Anastasia O Grady | ) www.wsj.com time to read: +1 min

Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O'Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. Ms. O'Grady received a bachelor's degree in English from Assumption College and an M.B.A. in financial management from Pace University.

Persons: Mary Anastasia O'Grady, O'Grady, O’Grady, Walter Judd, Ms, Thomas Jefferson Organizations: Liberty Fund, The Fund, American Studies, The Association of Private Enterprise Education, International, Network, World Bank, Inter American Press, Assumption College, Pace University Locations: Latin America, Canada, Brazil

☆ Madrid residents told to stay at home as torrential rain sweeps across Spain
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +1 min

@anastasia.flidlider_watercolor via Instagram/via REUTERS Acquire Licensing RightsMADRID, Sept 3 (Reuters) - Madrid's mayor on Sunday advised all residents to stay at home as the capital braced itself for torrential rain and storms affecting parts of Spain. It said up to 120 litres per square metre of rain could fall over 12 hours in Madrid. "Due to the exceptional and abnormal situation, in which rainfall records will be broken, I ask the people of Madrid to stay at home today," Madrid Mayor Jose Luis Martinez-Almeida wrote on X, formerly Twitter. LaLiga suspended an evening match between Atletico Madrid and Sevilla at the Wanda Metropolitano stadium in Madrid due to the alert. In Alcanar, Tarragona, on Spain's east coast, emergency services have also confined residents to their homes due to flooding after 215 litres per square metre of rain in the past 24 hours.

Persons: AEMET, Jose Luis Martinez, Almeida, Manuel Loro, Elena Rodriguez, Guillermo Martinez, Jessica Jones, Andrew Cawthorne Organizations: REUTERS Acquire, Rights, Sunday, Madrid, Atletico Madrid, Sevilla, Wanda Metropolitano, Thomson Locations: Alcanar, Spain, Instagram, Rights MADRID, National, Madrid, Toledo province, Cadiz, Tarragona, Spain's

☆ Pegula crushes Tig to set up Svitolina showdown in New York
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Pegula, seeded third, never trailed in a contest where she won 80% of her first serve points and broke Tig's serve six times. Pegula edged Svitolina in a three-set battle in Washington D.C. earlier this month and holds a 3-1 advantage in their career meetings. "Every single match we play is just a really good battle," Pegula said. Svitolina returned in April following the birth of her daughter and Pegula said she had already got back to top form. But she settled in from there, breaking Kenin for 3-3 and again to level the contest at a set apiece.

Persons: Jessica Pegula, Romania's Patricia Maria Tig, Mike Segar, Patricia Maria Tig, Elina Svitolina, Tig's, Anastasia Pavlyuchenkova of, Pegula, Svitolina, Arthur Ashe, Carlos Alcaraz, Ashe, Carlos, It's, Daria Kasatkina, American Sofia Kenin, Kenin, Rory Carroll, Peter Rutherford Organizations: Tennis, U.S, Buffalo, Washington D.C, American Sofia, Thomson Locations: Flushing Meadows , New York, United States, Romania, Ukrainian, Anastasia Pavlyuchenkova of Russia, Washington, American, Los Angeles

☆ August has been a 'nice reset' for the market, says iCapital's Anastasia Amoroso
▼ + stars: | 2023-08-31 | 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 EmailAugust has been a 'nice reset' for the market, says iCapital's Anastasia AmorosoAnastasia Amoroso, iCapital chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, why she believes there are plenty of reasons to be optimistic heading into September, and more.

Persons: iCapital's Anastasia Amoroso Anastasia Amoroso

☆ A Sunny Place for Shady People
▼ + stars: | 2023-08-27 | by ( Liesl Schillinger | ) www.nytimes.com time to read: +2 min

Its owner was known to accept paintings in lieu of payment — “My kind of hotel,” Picasso joked. In 1960, burglars broke in and stole 21 canvases, including a Braque, a Léger, a Mirò and a Modigliani. The influential Lord Brougham “discovered” Cannes in 1834, when a cholera epidemic interrupted his progress to Italy. Besotted by the Arcadian surroundings, he built a villa. Other foreign aristocrats followed suit, and 20 years later, Prosper Mérimée complained that “the English are established here as in a conquered land.

Persons: ” Picasso, Braque, Modigliani, Miles, Brougham “, Prosper Mérimée, They’ve, Cap Martin, Queen Victoria, Countess, Balmoral, “, Duchess Anastasia, “ Bertie, ”, King Edward VII, Henry Clews, Frank Jay Gould, Murphys, Edith Wharton, Scott Fitzgerald Organizations: Art, Villa Americana Locations: Saint, Paul, Cannes, Italy, Nice, Beaulieu, La, Menton, Balmoral ”, Russian, Monte Carlo, ”, Antibes, Hyères

☆ Latest news: Russia's war in Ukraine
▼ + stars: | 2023-08-26 | by ( Amy Woodyatt | Thom Poole | ) edition.cnn.com time to read: +2 min

A view shows a portrait of Wagner mercenary chief Yevgeny Prigozhin at a makeshift memorial near former PMC Wagner Centre in Saint Petersburg, Russia August 24. Anastasia Barashkova/ReutersYevgeny Prigozhin turned the Wagner Group from a shadowy band of mercenaries into a feared military powerhouse operating across multiple countries on three continents. Most security experts doubt Wagner can survive without Prigozhin, posing major questions about what will happen to the group’s fighters, weapons and operations. What’s clear is that the fallout will be felt far beyond Russia’s borders, especially in African countries where Wagner has been employed to help prop up leaders and suppress rebellions. It’s not clear where the loyalties are going to go to,” Lindstaedt told CNN.

Persons: Wagner, Yevgeny Prigozhin, Anastasia Barashkova, ”, Natasha Lindstaedt, “ It’s, ” Lindstaedt Organizations: PMC Wagner, in, Wagner, University of Essex, CNN Locations: in Saint Petersburg, Russia, Moscow, Russia’s

A woman visits a makeshift memorial near the former PMC Wagner Centre, associated with the founder of the Wagner Group, Yevgeny Prigozhin, in Saint Petersburg, Russia August 24. "From the point of view of Putin, as well as many among the security forces and the military, Prigozhin's death should be a lesson to any potential followers." Putin, who has spoken in the past of his hatred of traitors, described it at the time as a "stab in the back". 'GAME OF THRONES'But the death of Prigozhin, if confirmed, is not without cost to Putin. If Putin was responsible for Prigozhin's death, he said, it demonstrated he was willing to engage in brutal repression of any kind of dissent.

Persons: Yevgeny Prigozhin, Anastasia Barashkova, Putin, Wagner, Vladimir Putin, Prigozhin, Tatiana Stanovaya, Abbas Gallyamov, Gallyamov, Andrew Borene, Samuel Ramani, RUSI, Ramani, Sergei Surovikin, Surovikin, Robert Horvath, Mark Trevelyan, Gareth Jones, Andrew Heavens Organizations: PMC Wagner, Wagner Group, REUTERS, Reuters, Analysts, Kremlin, Central African, Putin, La Trobe University, Thomson Locations: Saint Petersburg, Russia, Kremlin, Ukraine, Africa, Moscow, United States, Belarus, Mali, Central African Republic, France, U.S, Melbourne

A woman visits a makeshift memorial near former PMC Wagner Centre, associated with the founder of the Wagner Group, Yevgeny Prigozhin, in Saint Petersburg, Russia August 24, 2023. Putin, who has spoken in the past of his hatred of traitors, described it as a "stab in the back". Prigozhin "assumed that Putin would not want to risk all this", Gallyamov said. 'GAME OF THRONES'But the death of Prigozhin, if confirmed, is not without cost to Putin. If Putin was responsible for Prigozhin's death, he said, it demonstrated he was willing to engage in brutal repression of any kind of dissent.

Persons: Yevgeny Prigozhin, Anastasia Barashkova, Putin, Vladimir Putin, Dmitry Utkin, Prigozhin, Tatiana Stanovaya, Wagner, Abbas Gallyamov, Gallyamov, Andrew Borene, Samuel Ramani, RUSI, Ramani, Sergei Surovikin, Surovikin, Mark Trevelyan, Gareth Jones, Andrew Heavens Organizations: PMC Wagner, Wagner Group, REUTERS, Kremlin, Putin, Central African, Analysts, Thomson Locations: Saint Petersburg, Russia, Kremlin, Ukraine, Africa, Moscow, Belarus, Mali, Central African Republic, France, United States, U.S

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Persons: Dow Jones, chanel, 44b17c97 Organizations: loewe Locations: paris

☆ Putin says Russia faces big economic challenges, must keep inflation in check
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

Russian President Vladimir Putin chairs a meeting on economic issues via video link at the Novo-Ogaryovo state residence outside Moscow, Russia April 11, 2023. Sputnik/Gavriil Grigorov/Kremlin via REUTERS/File Photo Acquire Licensing RightsSummary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Aug 22 (Reuters) - Russian President Vladimir Putin said on Tuesday that inflationary risks were rising and he told the government and central bank to keep the situation under control. When the rouble tumbled below 100 to the dollar last week, the central bank was forced to respond by raising interest rates by 350 basis points to 12%. "The government and central bank need to actively use the instruments available to them," he said.

Persons: Vladimir Putin, Putin, Vladimir Soldatkin, Anastasia Lyrchikova, Dmitry Antonov, Alexander Marrow, Mark Trevelyan, Mark Heinrich Our Organizations: Sputnik, REUTERS, Thomson Locations: Moscow, Russia, Kremlin, Ukraine, MOSCOW

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