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Financial news: Metals in RFS.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On December 22, new instruments will be added to the RFS service (RFS Auction mode) in a technically ready state on the foreign exchange market: GLDRUB_TOM, SLVRUB_TOM, PLTRUB_TOM, and PLDRUB_TOM. The trading start date will be announced later.

The parameters of the new tools are presented in the table below.

Spot deal code Val. lot code Name shaft. lot Name of resist. shaft Spot deal lot Price step Accuracy of course determination Date of settlement of the obligation under the spot transaction (T n) Min. order size Max. order size
GLDRUB_TOM GLD Gold RUB 1,000.0 grams of gold 0.01 rub. 0.01 rub. T 1 10,000.0 grams 3,000,000.0 grams
SLVRUB_TOM SLV Silver RUB 1,000.0 grams of silver 0.001 rub. 0.001 rub. T 1 10,000.0 grams 50,000,000.0 grams
PLTRUB_TOM PLT Platinum RUB 1,000.0 grams of platinum 0.001 rub. 0.001 rub. T 1 1,000.0 grams 3,000,000.0 grams
PLDRUB_TOM PLD Palladium RUB 1,000.0 grams of palladium 0.001 rub. 0.001 rub. T 1 1,000.0 grams 3,000,000.0 grams

The following schedule will be established for trading new instruments:

Auction initiation time 10:00 – 18:55
RFSP bid submission time 10:00 – 18:59
RFSM transaction time 10:00 – 19:00
Issuance of extracts from the register of OTC transactions (CCX123) Before 09:30 on the business day following the day of submission of proposals/conclusion of transactions
Early completion of transactions with the Clearing Center 6:00 PM
Issuance of statements upon early settlements/early completion of transactions No earlier than 15 minutes after the end of transactions. From 6:15 PM for early transactions with the Clearing Center.

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

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial News: Sustainable Development Finance Market Size Grew by 27% in 2025.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The main driver of this growth was the Bank of Russia's measures. The scope of the risk-based incentive regulation program was expanded to cover the highest-priority sustainable development projects.

The incentives apply to loans and bonds. Banks can now conserve capital when financing priority sustainable development projects: depending on the project's quality, the risk weight reduction will be 10–50%.

Since the beginning of 2025, corporate bond issues totaling 119 billion rubles have been issued. The proceeds are being used for infrastructure construction and transportation development. Several more registered issues totaling up to 40 billion rubles are expected to be placed by the end of 2025. As a result, the volume of sustainable development bonds in circulation could reach 255 billion rubles by the beginning of 2026.

Preview photo: Narong Khueankaew / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On December 9, 2025, JSC “SME Corporation” will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The deposit auction date is December 9, 2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 575,000,000. Placement period, days – 90. The date of depositing funds is December 11, 2025. The date of return of funds is March 11, 2026. The 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 575,000,000. 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 10:30 to 10:40. Competitive bids from 10:40 to 10:50. The cutoff percentage may be set or the auction may be declared void by 11:30. Additional terms and conditions.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Melodiya begins releasing records.

Translation. Region: Russian Federation –

Source: Melody – An important disclaimer is at the bottom of this article.

Vinyl production is planned to resume in Russia in 2024, in time for the label's 60th anniversary. Vinyl, which had fallen out of favor with music lovers for some time, has regained its prestige and then become a fashionable medium in the 21st century.

"Most of our compatriots still associate Firma Melodiya with vinyl records. The revival of production under the Melodiya brand is a natural progression of musical traditions in our country, which will allow the plant to become a worthy successor to the Soviet Melodiya plants. For a long time, the main plant in the country was Aprelevka—the legendary Soviet Melodiya plant. And it's very important for us that Badri Devishev, the chief engineer of the Aprelevka plant, was with us during the launch of vinyl production," comments Firma Melodiya CEO Andrey Krichevsky.

Today, the company is launching the release of Melodiya's albums, with plans to expand the line and release records commissioned by artists and music companies.

"The first record from the new production, oddly enough, will be a famous Soviet autogenic training track from the 1980s—a recording developed by doctors at the Energetik sanatorium in Yalta as part of a healthy lifestyle program and anti-alcohol and anti-smoking campaigns. It's quite a funny recording, which people share online as a meme, skeptical that the Soviet Melodiya record company was capable of such a thing. In the 1980s, records with specially selected tracks and narrator instructions became a sought-after alternative medicine method, perceived as a panacea for all ailments. We believe this release will be relevant in the run-up to the New Year holidays," says Karina Abramyan, Melodiya's First Deputy General Director.

We couldn't help but include David Tukhmanov's "On the Wave of My Memory" in the first batch of records, a hit that has remained a hit for 50 years. "On the Wave of My Memory" earned a reputation as the first concept album of Soviet recording, playing in our country the same role that the Beatles' "Sgt. Pepper's Lonely Hearts Club Band" played in the world. The cycle consists of ten numbers based on texts by Sappho, Goethe, Shelley, Mickiewicz, Baudelaire, Verlaine, Guillén, Akhmatova, and Voloshin.

Another release is the album "Disco Alliance" by the Latvian band Zodiac. Formed at the Latvian Conservatory, they were considered a local instrumental rock band and strayed far from academic conventions. "Cult record," "bestseller," and otherworldly music are just a few of the adjectives used to describe "Disco Alliance."

The next record was the landmark album by the VIA "Dos-Mukasan." Among music lovers captivated by the so-called "Soviet groove," Dos-Mukasan has developed a cult following. Dos-Mukasan is the founder of modern Kazakh pop music, drawing on the roots of folk tradition while simultaneously finding common ground with the Western world. The Kazakh VIA's first album has become a rarity, an object of desire, and a target for diggers and collectors. Its original edition, released in 1976, sells for record prices among vinyl enthusiasts for Soviet records. Fifty years later, Melodiya is reissuing this album.

The records were printed in 2025. The masters were made from the original master tapes. The sound engineer for the restoration and remastering was Maxim Pilipov. The editions contain original annotations by music critic Denis Boyarinov and PhD in psychology, Associate Professor Natalia Kiselnikova.

Firm Melodiya, 08.12.2025

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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The Russian Treasury: From a Prince's Coin Purse to a Digital Budget System

Translation. Region: Russian Federation –

Source: Official website of the State –

An important disclaimer is at the bottom of this article.

December 8th marks Treasury Day in Russia—a professional holiday for the employees of the federal agency responsible for the safeguarding, distribution, and transparent use of funds in the country's budget system. The date was chosen for a reason: on December 8th, 1992, President Boris Yeltsin signed the decree establishing the Federal Treasury. This marked the first step toward reviving an institution whose history stretches back to ancient times.

State services: the beginning

Even in Ancient Rus', the position of treasurer existed at princely and boyar courts—the custodian of the household's wealth, responsible for preserving property and income. Under Ivan III, state-owned courts were established, and in 1710, Emperor Peter I established the Accounting (Treasury) Office, which oversaw tax collection.

In 1775, Catherine II ordered the creation of treasury chambers in each province to manage the Imperial Majesty's revenues. Under Alexander I, the 1802 manifesto established three financial departments, including the State Treasury, and in 1821, the Department of the State Treasury, the center of all treasury services in the Russian Empire, was established within the Ministry of Finance.

After the October Revolution, the State Treasury was abolished in 1918. Its functions were transferred to the People's Commissariat of Finance, and later to the Ministry of Finance of the USSR and the State Bank.

Recent history

The revival of the treasury in modern Russia began in 1992. Initially, it was part of the Ministry of Finance, but in 2005 it was transformed into a separate federal service under the Ministry of Finance. By 2002, the vertical structure was completed: 89 directorates and over 2,200 offices were established across the country. In 2000, the Budget Code of the Russian Federation enshrined treasury budget execution—the principle that underlies the modern budget system.

In 2011, the official symbols of the Treasury—a heraldic emblem, a flag, and a pennant—were approved. And in 2017, to mark its 25th anniversary, the Bank of Russia issued a commemorative silver coin, "Treasury of Russia."

Today, the Federal Treasury oversees compliance with budget legislation, distributes revenues between levels of the budget system, and provides cash services to regional and local budgets. Since 2007, the agency has been headed by Roman Artyukhin, a graduate of the State University of Management, Honored Economist of the Russian Federation, and recipient of high state awards.

"From princely wrought-iron chests to digital budget flow monitoring systems, the core mission has remained unchanged: to preserve, distribute, and prevent the waste of budget funds. One of the primary goals of our university community has always been and remains the development of specialized educational programs, the development of advanced specialized technologies, and the training of highly qualified personnel, including to strengthen financial discipline and transparency in public finances," noted Vladimir Stroyev, Rector of the State University of Management.

We sincerely congratulate everyone involved on their professional holiday—Treasury Day! We wish you health, energy, prosperity, and success in increasing the wealth of our country!

Subscribe to the "Our GUU" Telegram channel. Publication date: December 8, 2025.

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35,000 civilians have been evacuated from areas bordering Cambodia.

Translation. Region: Russian Federation –

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

BANGKOK, Dec. 8 (Xinhua) — About 70 percent of civilians in four provinces along the Thai-Cambodian border had been evacuated as of 6:00 a.m. local time Monday, the Thai Army's Second Military Region said in a statement.

According to the statement, 35,623 people were registered in temporary shelters, and those not in shelters are likely staying with relatives or are still in transit.

The statement also confirmed the death of one civilian during the evacuation, attributing it to a pre-existing medical condition.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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V. Zelensky will be briefed on the results of US peace plan talks, according to a Ukrainian official.

Translation. Region: Russian Federation –

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

Kyiv, December 8 (Xinhua) — On Monday, Ukrainian President Volodymyr Zelenskyy will be given a full update on the latest negotiations between the Ukrainian and American delegations on the peace plan, along with all relevant documents. This was announced on Telegram by Rustem Umerov, Secretary of the National Security and Defense Council (NSDC).

The head of the National Security and Defense Council recalled that he and Chief of the General Staff of the Armed Forces of Ukraine Andriy Gnatov spent several days working "constructively" with representatives of US President Donald Trump.

According to R. Umerov, the Ukrainian delegation's primary objective was to obtain information on the results of the American side's negotiations with Russian President Vladimir Putin in Moscow and drafts of all current proposals.

The day before, V. Zelenskyy stated in his video address that he planned to discuss the results of the latest meeting between representatives of Ukraine and the United States with European leaders in London and Brussels.

Last week, another round of peace talks between Ukrainian and American delegations took place in Florida. These were the first talks between the two countries since the meeting in Moscow between US Presidential Envoy Steven Witkoff and the White House's son-in-law, Jared Kushner, and Vladimir Putin.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Two people died in a collision between a train and a car in the Altai Territory, according to the Russian Ministry of Internal Affairs.

Translation. Region: Russian Federation –

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

Moscow, December 8 (Xinhua) – Two people were killed in a collision between a freight train and a car in the Altai Krai region, Siberian transport police reported.

"This morning, a freight train collided with a Honda Fit at a railroad crossing near Lugovskoye station in the Altai Krai. The 74-year-old driver and 72-year-old passenger in the car died from their injuries," the statement read.

Officers from the Altai Linear Directorate of the Ministry of Internal Affairs of Russia and the Main Directorate of the Ministry of Internal Affairs of Russia for the Altai Krai have been dispatched to the scene. The Barnaul Transport Prosecutor's Office has initiated oversight activities to ensure compliance with railway safety legislation.

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Junior research fellow at RUDN University, winner of the Academician A.P. Avtsyn Prize

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

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Alexandra Sentyabreva, a junior researcher at the Laboratory of Cellular Technologies and Tissue Engineering at the RUDN University Research Institute of Molecular and Cellular Medicine, won the young scientist competition at the All-Russian Scientific Conference "Current Issues of Morphogenesis in Health and Disease." She was awarded the Academician A.P. Avtsyn Prize.

The research that earned Alexandra the award is devoted to the topic "The Role of Inflammation and Microglia Activation in the Development of Neurodegenerative Processes Induced by Long-Term Exposure to Aluminum Chloride in Mature and Old Male Wistar Rats." The paper's co-authors were Andrey Gerasimov, a postgraduate student at the RUDN University Institute of Medicine (Cellular Biology), and the young scientists' supervisor, Anna Kosyreva, Doctor of Biological Sciences, Leading Researcher at the Laboratory of Cellular Biotechnology, and Professor at the Department of Histology, Cytology, and Embryology at RUDN University. We spoke with Alexandra to learn about the practical value of the research, the key discoveries made during the course of the study, and what winning this award means to her.

What is the scientific novelty and potential practical value of the research?

The practical value of this study lies in confirming the need to model age-dependent, or aging-associated, neurodegeneration specifically in older animals. Such studies are relatively rare worldwide, and they are often conducted using transgenic or knockout animals, whose pathophysiological processes and chronology of onset differ radically from those in humans. We present a simple and accessible model that reproduces the molecular and cellular hallmarks of neurodegeneration, as well as changes in the morphofunctional properties of microglia—the primary immune cells of the central nervous system. Research into the role of microglia in the development of neurodegeneration is currently a trend. Our model of oxidative stress, which affects humans, particularly the elderly, can be used for preclinical studies of approaches to the diagnosis and treatment of neurodegenerative diseases based on interventions with microglia.

What was discovered during this work? Were there any results that contradicted the initial hypotheses?

A neurodegeneration model based on exposure to aluminum ions has long been described, but it has previously only been described in young animals. Various papers have shown increased gene expression and protein synthesis in these animals, which are considered pathognomonic of Alzheimer's disease—amyloid precursor protein and amyloid deposits. We replicated these observations in our study. However, in older animals, these processes were more pronounced, as were changes in the morphological and functional properties of microglial cells, which was unexpected. In young rats, we observed adaptation to oxidative stress, while in older animals, we observed pronounced maladaptation. We expected similar results, but what we obtained exceeded our expectations.

Do you plan to use this work as a basis for your PhD dissertation or some other project?

This experiment is the topic of my PhD dissertation. The paper presented at the conference included about half of the results of this work.

Which reports or trends presented at the conference where the competition results were announced did you find most interesting?

Professor Dmitry Alekseevich Sychev, Academician of the Russian Academy of Sciences, Doctor of Medical Sciences, and Member of the Russian Academy of Sciences, presented a highly interesting report on pharmacogenetics. This is a challenging area of clinical practice, but it is highly relevant. My supervisor, Anna Mikhailovna, presented a report on the role of maternal immune activation in the development of sex-specific neurogenesis disorders in offspring. Fundamental research in this area is still limited, and understanding these processes and the risks associated with infections experienced by pregnant women is crucial for the care of these patients and for monitoring the development of neuropsychiatric disorders in children.

What does it mean to you personally to receive the Academician Avtsyn Prize?

The Academician A.P. Avtsyn Prize is recognition from colleagues, laboratory heads, and experienced faculty, which is undoubtedly very valuable. It also confirms the importance of our work and motivates us to continue developing it.

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China introduces 'ice and snow holidays' amid the country's efforts to develop a 'snow and ice economy'

Translation. Region: Russian Federation –

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

Beijing, December 8 (Xinhua) — Extra holidays and paid vacations! This winter, primary and middle school students in northern China and their parents have become the most envied group in the Middle Kingdom.

Recently, Jilin Province (Northeastern China) announced a five-day "ice and snow holiday" for all students in grades 1-9, from December 3 to 7. Local authorities stated that the extra days off will not affect the traditional winter and summer holidays, which typically fall around the Lunar New Year (January-February) and the summer (July-August).

China intends to actively develop its "ice and snow economy," specifically the winter sports and tourism industry, creating a new driver of economic growth. The newly introduced holidays are part of a set of measures aimed at stimulating consumption and supporting the "snow and ice economy."

It's worth noting that government employees and businesses in Jilin Province were also encouraged to take paid leave during this period to accompany their children to winter sports activities, go on snow and ice trips, and experience the culture of ice and snow.

According to the Jilin Provincial Bureau of Culture and Tourism, a range of incentives have been introduced for students and their parents to promote the popularization and development of ice and snow sports and the flourishing ice and snow market.

As winter sports gain increasing popularity in China, the country is seeing a steady expansion of the "ice and snow economy." Data shows that in the 2024-2025 winter season, nationwide consumption associated with winter sports participation exceeded 187.5 billion yuan (approximately $26.5 billion), an increase of more than 25 percent compared to the previous winter season.

According to the "Research Report on China's Snow and Ice Industry Development 2025," the industry's market capacity has grown from RMB 270 billion in 2015 to RMB 980 billion in 2024. In 2025, this figure is expected to exceed the trillion-yuan mark for the first time, reaching RMB 1.0053 trillion, officially entering the trillion-yuan era.

As part of a broader effort to boost domestic tourism and spending, in addition to Jilin Province, several regions in Northwest China's Xinjiang Uyghur Autonomous Region have also begun introducing similar holidays.

This month, more than 70,000 primary and secondary school students will be officially released for the first time on an "ice and snow vacation" in Altay County, a famous ski resort in the Xinjiang Uyghur Autonomous Region.

The school holidays will last for a total of 9 days, as this extended period covers the 5 days of official holidays from 1 to 5 December and the surrounding weekends.

During the school holidays, schoolchildren in the district will be able to visit numerous local ski resorts free of charge, as well as use free public transportation within the city of Altai, which is administratively part of the Altai district, upon presentation of an ID.

According to the report, the Altai Ministry of Culture and Tourism is collaborating with various ski resorts, cultural institutions, and hotels to offer discounts on skiing, food, accommodation, transportation, and cultural events during the holidays.

"Ice and snow holidays" are expected to generate a synergistic consumption effect. School trips accompanied by parents will not only stimulate the local travel market but also boost consumption in related industries, such as skiing, accommodation, food, and cultural and creative industries, said Delida Nabi, head of the Altai District Department of Culture, Sports, Radio, Television, and Tourism.

Now, "ice and snow holidays" have begun to play an active role to some extent in China's drive to develop the ice and snow economy as a new growth sector.

According to statistics, consumption at ski resorts nationwide reached 78.613 billion yuan in the 2024-2025 winter season, with consumption within two kilometers of these resorts increasing by 27.97 percent. This has a significant impact on retail, transportation, catering, and other industries in surrounding areas. In this regard, China aims for economic growth of 1.5 trillion yuan by 2030. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.