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The Central Bank will raise the key rate to 18%, but it is unable to counteract the rapid price growth - this is the conclusion reached by analysts polled by the regulator. In the July macro survey, the consensus inflation forecast for this year rose sharply from 5.5% to 6.5% (the maximum forecast was 8%).

The Moscow Times

The mayor of Nevinnomyssk (Stavropol Krai), which was left without light, urged residents "not to whine" and think about the Great Patriotic War

The Moscow Times

"I Should Have Done More Than Shirtfront Him": Tony Abbott on Putin Following the Shooting Down of MH17

How Is Ukraine Destroying So Much Russian Artillery?

Partisans Discover Location of Russian Intelligence and Secret Training Center in Crimea