NSU Faculty of Economics graduate Margarita Lyakhnova has been named "Employee of the Year" by the Bank of Russia.

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Source: Novosibirsk State University –

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An awards ceremony was held at the Central Bank of the Russian Federation, where a graduate received the title of "Employee of the Year" Faculty of Economics (EF) NSU Margarita Lyakhnova. The award was presented to Margarita by Bank of Russia Governor Elvira Nabiullina.

Margarita graduated from the Faculty of Economics at NSU, choosing the Economics program as her undergraduate degree, and then continued her studies in the Master's program, specializing in mathematical models in economics.

"NSU was a natural choice for me. It's a university with a strong faculty and a serious approach to education. It wasn't just about getting a degree that was important to me, but also about learning to think systematically: analyzing, asking questions, and bringing tasks to fruition," says Margarita Lyakhnova.

Her interest in precise and analytical disciplines also determined her choice of faculty. According to her, NSU's Faculty of Economics attracted her with its combination of economic theory, data science, and mathematical modeling, which allowed her to connect rigorous analytics with real-world socially significant problems.

Margarita joined the Bank of Russia after graduating from university. At that time, the internship system hadn't yet developed, so a recommendation from the Faculty of Economics played a key role.

"I was lucky: the deputy dean, who was well acquainted with my research interests and background, recommended me for the open position. This gave me the opportunity to apply the knowledge I gained at NSU at an institute that plays a key role in the country's economy," notes the NSU Faculty of Economics graduate.

Margarita has been working at the Bank of Russia for almost four years. She credits her strong university background, passion for the challenges, a strong team, and a constant desire to delve deeper than her formal responsibilities for helping her achieve her professional results.

"For me, this award is confirmation that I'm moving in the right direction and an incentive to continue developing. It's important not to be afraid of difficult challenges, to be open to feedback, and to remember that even the most ambitious goals are achieved step by step," Margarita shares.

NSU congratulates the graduate on this high professional award and wishes her continued success.

The material was prepared by: Yulia Dankova, NSU press service

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Alexander Novak answered questions from the business community at the All-Russian public organization "Business Russia."

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Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Alexander Novak took part in an extended meeting of the General Council of the All-Russian public organization "Business Russia".

The meeting discussed the current economic situation, current business support measures and their effectiveness, the challenges of increasing the investment attractiveness of regions and increasing labor productivity at enterprises, and prospects for technological development.

The Deputy Prime Minister noted the resilience of the Russian economy amid current challenges. He emphasized that the complex, multi-level work carried out by the Government, relevant ministries, and agencies in the economic sphere, at the President's instruction, is aimed at achieving the primary goal of ensuring the stability of the Russian economy and developing a flexible industrial structure. Alexander Novak added that systematic efforts to improve the investment climate are ongoing.

"A number of consistent measures are being taken to boost investment activity. Specifically, a national business model has been developed. A plan for structural changes in the Russian economy through 2030 has also been prepared, focusing on the investment climate, changes in employment and consumption structures, technological development, foreign trade, economic restructuring, defense, and security," the Deputy Prime Minister said.

Alexander Novak thanked the meeting participants for the constructive dialogue and substantive proposals, which will be taken into account when making relevant industry decisions.

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The Day the Union Disappeared

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Source: Official website of the State –

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December 25, 1991, is a significant moment in the history of Russia and the entire post-Soviet space. This day marked the end of the Soviet Union, which for more than seven decades had exerted significant influence on global politics, economics, and culture. Mikhail Gorbachev's departure from the presidency of the USSR marked the final point in the history of a great power that once occupied one-sixth of the world's landmass.

The events of that day unfolded rapidly. At 7:35 PM, a symbolic event occurred over the Kremlin in Moscow: the USSR flag, which had embodied the unity and power of the Soviet state, was replaced by the tricolor of the Russian Federation. This moment was not only an act of symbolic change but also a reflection of the profound changes taking place in the country. The flag change marked the end of an era and the beginning of a new stage in the lives of millions of people living in a country that no longer existed.

The policies of glasnost and perestroika, implemented by Mikhail Gorbachev to modernize Soviet society, had tragic consequences. Instead of the expected economic growth and strengthening, the country plunged into crisis. National movements in the republics, economic hardship, and political instability became integral features of the final years of the USSR.

Despite all the negative factors, 78% of Soviet citizens were against the country's dissolution, as they stated in a referendum held on March 17, 1991. However, their opinion was unable to change the situation.

The resignation of President Mikhail Gorbachev symbolized not only his personal defeat, but also the collapse of an entire system that was unable to adapt to new conditions.

Russia, the successor to the USSR, faced the need to build a new national identity. Questions about how to develop the country, reform the economy, and improve relations with the former republics came to the fore. The transition to a market economy, which began in the 1990s, was difficult and painful. Many people lost their savings and jobs, and their standard of living declined significantly.

And yet, despite all the difficulties, our country was able to embark on a path of development, adapt to new conditions, and begin building a new society. Memories of the Soviet Union still live in people's hearts; according to periodic sociological surveys, more than half of Russians still regret the country's collapse.

Subscribe to the "Our GUU" Telegram channel. Publication date: December 25, 2025.

25 декабря 1991 года является знаковым моментом в истории России и всего постсоветского пространства. Этот день ознаменовал окончание существования Советского Союза,…” data-yashareImage=”https://guu.ru/wp-content/uploads/Последний-декабрь-Союза_1200х800-2.jpg” data-yashareLink=”https://guu.ru/%d0%b4%d0%b5%d0%bd%d1%8c-%d0%ba%d0%be%d0%b3%d0%b4%d0%b0-%d1%81%d0%be%d1%8e%d0%b7-%d0%b8%d1%81%d1%87%d0%b5%d0%b7/”>

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Financial news: 12/25/2025, 18:40 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the RU000A0JWV89 (Akron B1P1) security were changed.

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Source: Moscow Exchange – Moscow Exchange –

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December 25, 2025

18:40

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on December 25, 2025, 18:40 (Moscow time), the values of the upper limit of the price corridor (up to 97.72) and the range of market risk assessment (up to 1021.54 rubles, equivalent to a rate of 10.0%) for security RU000A0JWV89 (Akron B1P1) were changed.

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Financial news: On December 26, 2025, JSC KAVKAZ.RF will hold a deposit auction.

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Source: Moscow Exchange – Moscow Exchange –

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Parameters;

The deposit auction date is December 26, 2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 500,000,000. Placement period, days – 134. Date of depositing funds is December 29, 2025. Date of return of funds is May 12, 2026. Minimum placement interest rate, % per annum is 15.5. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 500,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:00 to 10:10. Competitive bids from 10:10 to 10:15. The cutoff percentage may be set or the auction may be declared void by 10:25. Additional terms and conditions.

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Financial news: On changing the timing of the placement of series 003P-09R bonds of PJSC Segezha Group from December 26, 2025.

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Source: Moscow Exchange – Moscow Exchange –

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We inform you that in accordance with the Rules for conducting trading on the stock market, deposit market and loan market of PJSC Moscow Exchange MICEX-RTS, approved by the decision of the Supervisory Board of PJSC Moscow Exchange on August 1, 2025 (Minutes No. 4), in connection with receiving a letter from PJSC Segezha Group about changing the time of placement of exchange-traded interest-bearing book-entry non-convertible bonds of series 003P-09R of PJSC Segezha Group (registration number of the issue – 4B02-09-87154-H-003P dated 17.12.2025, ISIN – RU000A10DY76) (hereinafter referred to as the Bonds), changes have been made to the procedure for collecting applications and concluding transactions when placing Bonds during the period other than the start date of placement in Chinese yuan:

Trading hours for placement from 24.12.2025 to 25.12.2025 in Chinese yuan

Time for collecting applications and concluding transactions: 10:00 – 13:00.

Contact information for media: 7 (495) 363-3232PR@moex.com

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Financial news: 12/25/2025, 6:00 PM – 4:00 PM (Moscow time) the upper limit of the price corridor and the market risk assessment range for the RU000A0ZYLU6 security (DOM.RF1P1R) were changed.

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Source: Moscow Exchange – Moscow Exchange –

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December 25, 2025

18:16

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on December 25, 2025, 18-16 (Moscow time), the values of the upper limit of the price corridor (up to 104.61) and the range of market risk assessment (up to 1080.06 rubles, equivalent to a rate of 7.5%) for the security RU000A0ZYLU6 (DOM.RF1P1R) were changed.

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Vitaly Savelyev opened traffic through the renovated Kani-Kurgan checkpoint on the border with China.

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Source: Government of the Russian Federation – Government of the Russian Federation –

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Vitaly Savelyev opened traffic through the renovated Kani-Kurgan checkpoint on the border with China.

A ceremony was held in the Amur Region to reopen traffic through the Kani-Kurgan automobile checkpoint (ABP) on the border with China after reconstruction.

Deputy Prime Minister Vitaly Savelyev, Minister of Transport Andrei Nikitin, and Head of the Federal Customs Service of Russia Valery Pikalyov took part in the ceremony via videoconference.

The reconstruction of the Kani-Kurgan border crossing is of vital importance for the Russian Far East. "This is part of a larger effort to increase the throughput of our border crossings at priority border sections. We are addressing this comprehensively as part of the national project 'Efficient Transport System.' After the reconstruction, the number of lanes at the border crossing has increased from 4 to 16. The throughput capacity of the Kani-Kurgan border crossing will increase by 4.5 times," noted Vitaly Savelyev.

A permanent transport connection between Blagoveshchensk and Heihe opens up the potential for a fivefold increase in freight traffic – from 1 million to 5 million tons per year.

Andrey Nikitin emphasized the importance of opening the modernized border crossing. Over the past five years, the ACP's throughput capacity on priority routes has increased significantly. "The growth with Azerbaijan is fivefold, with Mongolia almost 2.5 times, with Georgia twofold, and with China almost the same. The opening of the Kani-Kurgan border crossing is a logical continuation of this work. This is a new growth point for the economy of the Amur Region and the entire Far East," the minister said.

One of the key digital solutions was the installation of portal inspection systems. Their use will allow 100% of cargo-laden vehicles to be scanned and prohibited items and substances to be identified.

"Kani-Kurgan is a priority checkpoint where the President's directive to reduce the inspection time for freight vehicles to 10 minutes will be implemented in a pilot mode," emphasized Valery Pikalev.

The launch of 16 traffic lanes at the Kani-Kurgan checkpoint has created comfortable conditions for participants in foreign economic activity and individuals crossing the state border, as well as developed the region's transit capabilities and strengthened trade and economic ties between Russia and China.

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Marat Khusnullin: The national project "Infrastructure for Life" has created venues for New Year's events across Russia.

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Source: Government of the Russian Federation – Government of the Russian Federation –

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The Russian government continues its systematic work to transform public spaces as part of the "Infrastructure for Life" national project. These spaces in large cities and small towns are becoming venues for mass celebrations during the New Year and Christmas holidays, announced Deputy Prime Minister Marat Khusnullin.

"The first year of the national project 'Infrastructure for Life' is yielding concrete results. Since January, over 7,000 areas across Russia have been improved, including over 5,100 public spaces and approximately 2,000 courtyards. Since 2019, this represents a total of over 80,000 areas. The work on the All-Russian Competition for the Best Projects for Creating a Comfortable Urban Environment is particularly noteworthy. This year, 294 projects won the competition. Also, approximately 200 winning projects were implemented this year. This work is aimed at creating a favorable living and recreational environment for Russians. Today, these parks, squares, and plazas are becoming the focal points of New Year's celebrations, creating a festive atmosphere throughout the country," said Marat Khusnullin.

For example, in Zavodoukovsk, Tyumen Oblast, the Central Square was renovated. Santa Claus's residence, a food court, and a fountain square were set up for New Year's celebrations. The space was equipped with heated relaxation areas, outdoor play areas, and a light and music fountain.

Another example: in the city of Chapayevsk in the Samara Region, a park near the Church of St. Sergius of Radonezh was landscaped. Multifunctional areas for all ages were created within the grounds: a library pavilion, a café area, an apothecary garden, a playground, and an amphitheater. Cozy corners with benches, flower beds, and a pine garden were created for quiet relaxation.

An "Arts Square" has been created in Gvardeysk, Kaliningrad Oblast. Festive events are planned there, including an interactive area featuring Father Frost and a Christmas concert, "The Light of Christmas," complete with folk festivities and round dances.

Winter parks have been developed in the Moscow region. Forty-seven artificial ice rinks, 60 Father Frost residences, and 74 cozy fireplaces have opened for recreation. Ice shows and the Crystal Ice figure skating festival will begin in January.

In Izhevsk, Udmurt Republic, the Central Square was reconstructed. Amphitheaters, terraces, and a unified lighting and bench design were added. The square has become the city's main venue for large-scale events, such as the "World Pelmeni Day" gastronomic festival.

"New Year is a beloved family holiday, bringing people together for generations around the festive tree and New Year's table. It's a time when people take to the streets to experience the magic of the New Year together, stroll through parks and squares, enjoy winter activities, watch street performances, and socialize in a cozy atmosphere. Therefore, it's important that modern, beautiful, and safe spaces be created for citizens across the country—those very same points of attraction that create a festive mood. This is precisely the goal of the All-Russian competition for the best projects for creating a comfortable urban environment, held by the Ministry of Construction of Russia as part of the federal project "Creating a Comfortable Urban Environment." Renovated public spaces with interconnected pedestrian routes, developed infrastructure and services, energy-efficient lighting, unique architectural design, and vibrant aesthetics become focal points and create a true New Year's miracle for millions of Russians," said Minister of Construction, Housing and Utilities Irek Fayzullin.

Residents themselves actively participate in selecting sites for transformation. In 2025, more than 16.6 million Russians and 170,000 beautification volunteers participated in the nationwide online vote. Based on the results, 5,000 sites in 1,600 municipalities across 88 Russian regions were selected.

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Dmitry Grigorenko: Russia successfully tested a biometric train boarding service.

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Source: Government of the Russian Federation – Government of the Russian Federation –

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The "Migom" biometric express train boarding service has been tested in Moscow, Nizhny Novgorod, Ivanovo, and Kostroma. The new solution, which allows for identity verification without document submission, was implemented by the Biometric Technology Center and Russian Railways using a unified biometric system. The development of biometric services is being overseen by Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko.

The service is being tested on three routes: Moscow–Nizhny Novgorod, Moscow–Ivanovo, and Moscow–Kostroma. A limited number of passengers are participating in the testing. The service is expected to become available to users on these routes in the first quarter of 2026.

To use the service, you'll need verified biometrics. This can be done at an authorized bank or at home using on-site registration. After that, all you need to do is provide consent to data processing.

Identification is performed upon boarding the train using the conductor's portable device. Passengers can choose whether to verify their identity with a passport or biometrics.

Biometrics are voluntary. In all user scenarios, the technology serves as an additional—the simplest and most convenient—way to access services. Currently, legislation strictly prohibits any discrimination, including restricting access to services for those who choose not to register their biometrics. Registration is also only possible with the individual's consent.

"It's important to us that the introduction of biometrics is convenient and understandable for people. The train boarding service doesn't replace passports or impose new formats—the use of biometrics remains a personal choice for passengers," noted Dmitry Grigorenko.

The express train boarding service is part of the Migom platform, which is implemented using the state-owned unified biometric system. The platform includes services such as passport-free hotel check-in, age verification when purchasing age-restricted goods, barrier-free pre-flight security checks, self-service at MFCs, and more.

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