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Top related persons:
Vladimir Putin - 3 — - 2 It's - 1 Sergei Chemezov - 1 Chemezov - 1 Putin - 1 Ilya Pitalyov - 1 Denis Manturov - 1
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Ukraine Russian Russia Moscow Rosstat Latin America New Zealand Turkey
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Service - 2 MMI - 2 Business - 1 Gazeta - 1 United Arab Emirates - 1 Defence - 1 MMI Telegram - 1 Bank of Russia - 1

Search resuls for: "MMI Telegram"


3 mentions found


☆ Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
  + stars: | 2024-11-12 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Russia's economy faces stress as high interest rates fail to control inflation. Business leaders criticize high rates, warning of potential bankruptcies and an economic slowdown. The data from Rosstat, Russia's federal statistics service, show that food prices have generally risen across the board this year. To tame prices, Russia's central bank has hiked its key interest rate to a record high of 21% last month. High interest rates are irritating business leaders, who are more loudly critiquing the central bank's policies.
Persons: —, It's, Vladimir Putin, Sergei Chemezov, Chemezov Organizations: Business, Service, MMI Locations: Ukraine, Rosstat, Russian, Russia
☆ Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.
  + stars: | 2024-11-04 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +5 min
Yet it's precisely butter that's been a headache for Russia, with a 25.7% price increase this year. "There is a well-known phrase: guns instead of butter," Putin said last February. By the end of October, the price of butter in Russia was up 25.7% compared to December 2023, per government statistics. Why butter prices are on the riseA week before that meeting, the same union said the country wasn't experiencing a butter shortage, but added that about 25% of local butter consumption comes from foreign suppliers. AdvertisementAnother major dairy supplier complying with wartime sanctions, New Zealand, sold $88.8 million worth of butter to Russia yearly before the invasion began.
Persons: Putin, —, Vladimir Putin Organizations: Service, MMI, Gazeta, United Arab Emirates Locations: Ukraine, Russia, Russian, Moscow, Latin America, New Zealand, Turkey
☆ Exclusive: Russia doubles 2023 defence spending plan as war costs soar
  + stars: | 2023-08-04 | by ( ) www.reuters.com   time to read: +5 min
They show that in the first half of 2023 alone, Russia spent 12%, or 600 billion roubles, more on defence than the 4.98 trillion roubles ($54 billion) it had originally targeted for 2023. Defence spending in the first six months of 2023 amounted to 5.59 trillion roubles, 37.3% of a total 14.97 trillion roubles spent in the period, the document showed. Between 2011 and 2022, Russia spent a minimum of 13.9% and a maximum 23% of its budget on defence. Russia has already spent 57.4% of its new annual defence budget, the document showed. Funding for schools, hospitals and roads was already being squeezed this year in favour of defence and security, but as the share of defence spending grows, other areas could face cuts.
Persons: Vladimir Putin, Ilya Pitalyov, Denis Manturov, Dmitry Polevoy, Yevgeny Suvorov, Suvorov, Mike Collett, White, Philippa Fletcher Organizations: Sputnik, Reuters, Defence, MMI Telegram, Bank of Russia, Monetary Fund, Thomson Locations: Russian, Saint Petersburg, Russia, Ukraine, Moscow, Locko
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