Author: MIL-OSI Publisher

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Presidents of Belarus and Indonesia held talks in Minsk

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

MINSK, July 16 (Xinhua) — Belarusian President Alexander Lukashenko and Indonesian President Prabowo Subianto held talks in Minsk on Tuesday, the press service of the Belarusian head of state reported on the same day.

The presidents met in an informal setting. During the talks, which lasted about three hours, the leaders of the two countries discussed a wide range of topics. “I am ready to discuss with you all the issues that may be on the agenda of our relations,” A. Lukashenko noted.

In turn, the Indonesian leader thanked the Belarusian president for the reception and expressed hope to meet in Indonesia in the near future. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Kazakhstan introduces criminal liability for droppering and forced marriage

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

Almaty, July 16 (Xinhua) — Kazakhstan has introduced criminal liability for droppering and forced marriage, the press service of the President of Kazakhstan reported on Wednesday.

The President of Kazakhstan Kassym-Jomart Tokayev signed the law “On Amendments and Supplements to Certain Legislative Acts on Issues of Optimization of Criminal Legislation of Kazakhstan.”

The new law establishes criminal liability for droppering – “the illegal provision, transfer and acquisition of access to a bank account, payment instrument or identification tool, as well as the illegal implementation of payments and money transfers.”

In addition, criminal liability is introduced for forced marriage.

In addition, lawyers are given the right to submit to the court a defense document, a document that is the opposite of the indictment. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Israel launches airstrikes on presidential palace area in Damascus, Syrian army headquarters partially destroyed

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

DAMASCUS, July 16 (Xinhua) — Israel launched intense air strikes on the presidential palace area in the Syrian capital Damascus on Wednesday, partially destroying the Syrian army's headquarters, local media and eyewitnesses reported.

As noted, the strikes were directed against the interim authorities of Syria due to clashes between the government army and the Druze community in the province of As-Suwayda in the south of the country.

Israel carried out at least five airstrikes on Wednesday afternoon, mostly targeting the Syrian army's General Command, destroying part of the building, according to local media and the Britain-based Syrian Observatory for Human Rights.

Local television footage showed smoke rising from the headquarters in Umayyad Square in central Damascus.

Another strike hit the area of the Syrian presidential palace, Qasr al-Shaab, sending plumes of white smoke rising over the mountain on which the palace is located.

There have been no reports of casualties or official comments yet.

Following the previous strike on the headquarters early Wednesday morning, Syrian state television channel Al-Ikhbariya reported that two civilians were wounded as a result of “Israeli aggression.”

The Israeli military campaign is part of a larger effort to support the Druze community in As-Suwayda, where deadly clashes have escalated between local Druze militias, Bedouin tribes and interim government forces. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Construction of a new transport and logistics complex has begun in Kazakhstan

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

ALMATY, July 16 (Xinhua) — Construction of a new transport and logistics complex (TLC) "Tobyl" has begun in the northern Kazakh city of Kostanay, the press service of the Kazakh Prime Minister reported on Wednesday.

The area of the logistics complex will be 133.6 hectares, the total investment volume will be 64 billion tenge /about 121.3 million US dollars/.

The design capacity of the TLC “Tobyl” will be up to 400 thousand TEU (twenty-foot container equivalent) per year, or over 11 million tons of cargo.

The complex will be integrated into international transport corridors linking China, Central Asia, Turkey, Iran, Afghanistan and Europe.

An increase in cargo turnover is expected on the Northern Kazakhstan – Southern Urals route and in the direction of China.

Completion of construction of the TLC "Tobyl" is planned for 2027. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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The Parade of Historical Transport took place for the first time on Sergius of Radonezh Street!

Translation. Region: Russian Federal

In September 2024, Moscow Mayor Sergei Sobyanin opened a tram line more than 860 meters long, which made it possible to organize a new tram route No. 2 "3rd Vladimirskaya Street" – "Kursky Station".

Maxim Liksutov noted that more than 150 units of historical equipment participated in the parade and exhibition of retro transport on July 12: 16 trams of different generations, about 80 rally crews and about 75 cars, including the Ikarus-280 bus.

🔹 The parade and exhibition were attended by more than 140 thousand spectators

🔹 Not only trams from different eras were presented, but also exhibits from the Moscow Transport Museum and the Museum of the Special Purpose Garage of the Federal Security Service of Russia

🔹 Spectators were even able to see a horse-drawn tram – the predecessor of the electric tram

🔹 The atmosphere of old Moscow was recreated by historical reenactors, and the concert program included artists from the “Music in the Metro” project, the Moscow Metro Academic Choir, and DJ Smash

This is already the 19th tram parade. The parade was headed by a horse-drawn tram pulled by four horses. Such events are popular with Muscovites and traditionally attract a large number of spectators. On the instructions of Moscow Mayor Sergei Sobyanin, further organization of even more interesting events for residents and guests of the capital continues, added Maxim Liksutov.

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Financial News: Regional Economy Report: Economic Activity Growth Moderates

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

In May and June, growth in production and consumption became more moderate. However, the situation was uneven across industries and regions.

More restrained dynamics of demand in the housing market reduced the launch of new projects in many regions of the country, furniture production in Central Russia and the Volga region decreased. At the same time, cargo turnover of the ports of the Far East increased again, the output of meat and dairy enterprises in the Urals and the North-West remained at a high level. In Siberia, after 2 years of growth, the volumes of paper and paper products production stabilized, including due to difficulties with export.

Special topics of this issue are the dynamics of import deliveries and stocks, the situation on the labor market, and the passenger car market.

Read more in the July report "Regional Economy: State University Comments".

Preview photo: Donat Sorokin / TASS

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Financial News: Institutions Should Be More Responsible About Stock Investing

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The Bank of Russia has developed Code of Responsible Investment for banks, insurers, management companies, NPFs and other institutional investors who place funds in equity instruments. The regulator suggests that they adhere to a number of principles that will increase the return on investment not only through effective management of the securities portfolio, but also through active interaction with issuers.

Institutional investors are currently little involved in the corporate governance of joint-stock companies. The Code requires them to be more actively involved in the life of issuers in order to improve the long-term prospects of companies – primarily to help increase their shareholder value. When investing, "institutionalists" should pay attention primarily to companies that have adopted strategy to increase shareholder valueIf such a document does not exist, investors can exercise their corporate rights and encourage the issuer to develop it.

Those who adhere to the Code are required to publicly report annually on their compliance with these principles.

Compliance with the principles of the Code will contribute to the development of the equity capital market and increase the capitalization of the Russian stock market.

Preview photo: Sirtravelalot / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial News: What the trends say: Inflation is returning to target.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

In June, the monthly growth of seasonally adjusted consumer prices slowed down, and in annual terms it was close to the inflation target. Inflation expectations of enterprises and the population decreased, and the growth of enterprise costs slowed. At the same time, price dynamics remain uneven across segments, and fixing inflation at the target level requires additional confirmation. A sustainable reduction in inflation to 4% and its stabilization at this level require maintaining tight monetary conditions for a long time.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Mass implementation of the digital ruble will begin on September 1, 2026

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The largest banks will have to be the first to provide their clients with the opportunity to use digital rubles: open accounts, make transfers, pay for purchases and services, and perform other transactions. Gradually, by September 2028, all banks will have this obligation. The corresponding law The State Duma adopted it today.

Trading companies that are clients of the largest banks and whose revenue for the past year exceeds 120 million rubles will also have to provide the ability to pay for goods and services in a digital form of the national currency from September 1, 2026.

Banks with a universal license and their clients — trading companies with annual revenue of over 30 million rubles — will have to start working with digital rubles from September 1, 2027. Other banks and sellers with revenue of less than 30 million rubles per year — from September 1, 2028. The obligation to accept payments in digital rubles will not apply to retail outlets whose annual revenue is less than 5 million rubles.

The law also sets the launch dates for a universal QR code based on the National Payment Card System (NSPK) solution. It will allow both buyers and sellers to significantly simplify the payment process without cards and avoid confusion when there are many QR codes at the checkout. The universal QR code can be used to access various payment options: the Fast Payment System, banking services or installment plans, and in the future, digital rubles. At the same time, the bonuses and discounts of the selected payment method are retained.

All banks must complete the preparation of their systems to work with the universal QR code by September 1, 2026. However, they can do it earlier if they wish.

NSPK will provide banks with a free universal QR code service. This will reduce their integration costs. The timeframes within which banks will be required to connect the universal QR code to sellers will be determined by the Board of Directors of the Bank of Russia.

Let us recall that digital rubles will be in circulation along with cash and non-cash. People will be able to create a wallet and use the digital national currency through the usual applications of banks connected to the digital ruble platform of the Bank of Russia. All transactions with the digital national currency for citizens will be free. The choice of whether to use digital rubles or not remains with the person.

Read more about the digital ruble on the website Bank of Russia.

Preview photo: Hamara / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Guarantee system for IIS-3.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

A system of guaranteeing property on individual investment accounts (IIA) of the third type will appear in Russia. It will be possible to count on compensation for assets in the event of bankruptcy of the professional participant who was engaged in maintaining the account. Such law adopted by the State Duma.

The compensation fund will be formed from voluntary contributions of professional participants who work with IIS and have joined the guarantee system. The operator of the system will be the currently operating Federal Public-State Fund for the Protection of the Rights of Investors and Shareholders, which will be renamed the Individual Investment Account Guarantee Fund. It will determine the amount of contributions and will be responsible for payments.

An affected investor may apply to this fund if he/she has not received his/her assets in full within 6 months after the professional participant has been declared bankrupt and bankruptcy proceedings have begun. The maximum compensation amount is 1.4 million rubles for all accounts opened with the bankrupt.

The law defines the specifics of participation in the guarantee system, the procedure for the formation of the compensation fund and the investment of its funds, and also establishes requirements for the structure and powers of the governing bodies of the system operator.

Preview photo: Cholpan / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.