Category: Russian to English

Posted on

Summer under sail. How schoolchildren spend their holidays at the Peter the Great Children's Marine Center

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

Summer is not only a time of rest for schoolchildren, but also a time of new opportunities. The children go tohikes, are mastering circus arts and acting, try their hand at the role firefighters and rescuers and even go sailing.

Residents learn to operate boats and yachts and understand sea and river navigation at the Moscow City Children's Marine Center named after Peter the Great, a structural division of center for the development of creativity of children and youth "Hermes"Classes are held in the main building of the institution and in the waters of the Khimki Reservoir.

A mos.ru correspondent went to the coast and found out how the kids are mastering shipping, rowing and yachting.

"Eight", bollard and navigation simulator

The Moscow City Children's Marine Center named after Peter the Great is located on Leningradskoe Shosse, not far from the Vodny Stadion metro station. Future sailors and their teachers have several buildings, separate berths, and part of the Khimki Reservoir at their disposal. In the summer, educational shifts of the "Vacation with Benefit" program are held here for schoolchildren. Each shift lasts five days. Under the guidance of counselors, children join squads – crews and from Monday to Friday from 09:00 to 18:00 learn the basics of navigation.

"In one shift, we try to give each child the most useful and interesting things. The children get acquainted with the terminology, study the basics of maritime affairs, and then try to apply the acquired knowledge in practice. The uniqueness of our center is that we are the only organization in Moscow at the capital

Department of Education, which has its own exit to the water area. The children learn to sail on rowboats and small sailboats. Six experienced teachers work with them, among them are masters of sports in rowing and professional yachtsmen. We invite children from seven to 14 years old to the summer program. Last year, about 600 people joined us in June, July and August,” says Artem Osadchiy, head of the Moscow City Children's Marine Center named after Peter the Great.

Young Muscovites take their first steps as cabin boys, navigators, boatswains and captains in the educational building of the center on Leningradskoe Shosse (building 56a). You can recognize it by its bright terracotta facades and a large sign that reads: “The path to the navy begins here.” The hall is decorated with a wind rose and a large wooden steering wheel, and the walls of the corridors are decorated with portraits of naval officers. We turn right and pass by display cases with models of sailing ships and submarines and go into one of the offices. Geographical maps hang on the walls, a huge globe stands on the cabinet, and a friendly group of guys from the third crew sit on chairs in front of a large screen. Today they are studying mooring methods and sea knots.

A few minutes later, the children go out into the yard with the teacher and, like real sailors, try to throw the mooring lines — ropes — over the line indicated by the teacher. This is what sailors do to secure a ship to the pier. Then the children wrap the rope around the bollard — a pair of small metal pipes for mooring ships, making loops in the shape of the number eight. When the knots are tied tightly, the children jump for joy: the imaginary ship is moored!

Another unusual task awaits the children at the next lesson. On the second floor, in one of the classrooms, there is a huge ship's wheelhouse – a navigation simulator. The students sit down in chairs near the display, and the ocean rages in front of them on the big screen. It seems as if the cabin is really floating on the water. The realism of what is happening is enhanced by the sound of waves from the speakers. Using switches and levers, you can control the ship, completing tasks: save a person who has fallen overboard and go around a huge barge. A couple of seconds – and the weather on the screen changes: a storm begins. Visibility drops, but the children do not give up – they overcome the waves, maneuvering between the ships.

"This simulator not only imitates navigation, but also develops the vestibular system, allowing you to understand how pitching feels. The simulator also helps in preparing for boating in the water area. The waves are small here, but skill is also needed. As a rule, going out on the water is the most anticipated event for the children. And we try to allow them on boats and yachts at least three times per shift. And in addition to navigation, the program includes unique activities: a tour of the Khimki Reservoir, laser tag, active games and tourism. Under the guidance of experienced instructors, children learn to pitch a tent and make a fire," emphasizes Artem Osadchiy.

River navigation and teamwork

After theoretical lessons, the children head to the shore of the Khimki Reservoir, where snow-white boats await them on wooden piers. The children put on life jackets, descend from the pier onto the vessel and take up the oars. Vladimir Petukhov, a rowing coach and teacher at the Peter the Great Moscow City Children's Marine Center, gets into the boat with them.

"On rowboats, children learn to row. This activity develops strength, endurance and coordination, and teaches teamwork. In rowing, it is important to do everything in a coordinated and synchronized manner, because if one lags behind, the others feel it too. At the same time, the main task of the coach is not only to teach the child to row correctly, but also to help him cope with the fear of water or pitching. A boat passed, waves appeared, and the children became worried. And we calm them down, show how to overcome them with the bow or stern. You can also place the boat parallel to the waves. The children quickly remember and eagerly await the next lessons," says Vladimir Petukhov.

Among the brave rowers is second-grader Arkady Grozdov. He confidently holds the oar and looks around. At seven years old, he can not only control a rowboat, but also work in a team. In the future, the boy wants to become a captain and lead ships along the Moscow River.

"Rowing is not an easy activity, but I really like it. I get into the boat, take the oar and get ready to follow the teacher's commands. If he says "starboard", it means you need to turn right, if "portboard" – to the left. It is important to row at the same time as the other guys. Without synchronized movements, nothing will work," notes Arkady Grozdov.

The boys row and the boats set sail. First they go straight ahead, then turn left, towards Nikolsky Tupik. Large vessels do not sail in this part of the Khimki Reservoir, and it is safe to learn navigation here.

Set the sail

The kids have also gathered at the neighboring pier. The boys and girls in colorful life jackets are waiting for centerboard boats — small boats with sails. Ekaterina Kochkina, a teacher at the Moscow City Children's Marine Center named after Peter the Great, a master of sports in sailing and a hereditary yachtsman, helps the children get on them. Following the example of her father, brothers and sisters, she has been sailing yachts for more than 20 years. Introducing centerboard boats to young Muscovites, Ekaterina Kochkina tries to reveal to them all the intricacies of her favorite business.

"A centerboard boat is a small yacht. We spread the sail and set the direction using a feather, similar to the fin of a bright orange rudder. Where we turn it, that's where the boat will go. In order for the centerboard boat to start moving forward, you need to set the sail at an angle of about 45 degrees to the wind. When leaving the pier, we take two children on the boat, and we try to give each one a task. For example, one is responsible for the sail, the other for the helm," says Ekaterina Kochkina.

The most important thing in sailing is the wind. Even the youngest passengers of centerboard boats can determine its direction. Among them is nine-year-old Alexandra Molchanova. She spent her first shift under sail last year, and this summer she is already confidently holding her own on the boat and quickly determines which way the wind is blowing.

"There are multi-colored strings on the sail – "sorcerers". They help to set the yacht on course. If the boat is moving, and both strings fly back, it means we are going with the wind. I associate centerboard boats with the sea, and I like that, even living far from the south, you can feel like you are there. I have not yet thought about whether I will connect my life with shipping, but next year I would like to take part in such a shift again," says Alexandra Molchanova.

Having become familiar with boat and dinghy management, the children often stay at the center in the fall. From September, various thematic programs are held here, including ship modeling and robotics, and before the river navigation closes, separate classes in rowing and sailing are organized.

You can register your child for a summer shift or annual courses at the Moscow City Children's Marine Center named after Peter the Great atmos.ru portal using the service "Registration in clubs, sports sections and art schools" in the "Services" section. In the opened tab, you need to find the institution in the search bar. The registration will appear for the new school year.

During the holidays, Moscow schoolchildren will master the basics of sailingSports, entertainment, recreation and new friends: how children can spend their holidays in MoscowUseful vacation: the project “Summer of my career” opens in Moscow"Summer in a New Format": Moscow's Employment Service Prepares a Program for Children

Get the latest news quicklyofficial telegram channel the city of Moscow.

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.

.

Posted on

Experts from the Call Me Back project gave advice on how to protect yourself from deepfakes

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

Cybercriminals are constantly inventing new ways to deceive citizens. For example, the number of cases of fraud using deepfake technology has been growing recently. Using artificial intelligence, attackers reproduce voice messages and video calls allegedly from relatives, friends or colleagues. Then, using synthesized voices and videos, they try to lure out personal information and gain access to citizens' savings. At the project event "Call me back yourself" Experts talked about common techniques used by criminals who use deepfake technology and gave useful recommendations to help protect yourself and your loved ones.

Today, one of the most common methods of fraud based on deepfake technology is fake video calls, audio and images generated using artificial intelligence. Criminals can send a message in a messenger and even make a video call on behalf of relatives, friends, bosses and colleagues. They use audio, photos and video materials from social networks recorded during the conversation to create realistic messages. Then, based on this data, a neural network creates a digital double. This is done by superimposing a face on top of another on a real video recording. In some cases, the message is completely generated by artificial intelligence.

After creating a deepfake, criminals begin an attack on a person. They send him a voice message, call him on a messenger via video link under the guise of a relative, friend, colleague or boss. At first, the fake character has a normal, confidential conversation, but then moves on to luring personal information, asking for money for some needs, for example, for treatment, or demanding to transfer it to some mythical safe account.

"Fraudsters play out their schemes in several stages: first, they collect and process information about a potential victim, then they establish contact with them and lead them to the final maneuver – a call or video message supposedly from a person the user trusts. Under stress and psychological pressure, they can believe the deepfake, transfer money to the attackers or transfer personal information. To protect yourself, you do not need to block all calling friends and colleagues on your phone: you can recognize synthesized speech and images even despite their high realism and accuracy. Signs of deception may include unnatural facial expressions, desynchronization of voice and video, suspicious elements in the photo, unusual wording or pronunciation errors, a mechanical, emotionless voice," said Valentina Shilina, head of the "Call Back Yourself" project of the Moscow

Department of Information Technology.

There are other ways to recognize a deepfake. For example, if the call is not from the subscriber's usual number. You also need to consider the manner of communication. An attempt to intimidate, evoke strong emotions, force prompt decision-making, and other methods of psychological pressure may indicate the actions of an intruder. If any of the signs are noticed, the video call and communication should be stopped. To find out whether the call was from a relative or friend, you should contact the subscriber in another way to clarify the details.

Simple recommendations from experts will help protect you from fraudsters when communicating in messengers. So, when answering a suspicious call, do not say "yes", "I agree", "I confirm". Criminals can record the moment these words are spoken, and then use them to confirm any transactions on behalf of the deceived person.

In addition, to communicate with family and friends, it is worth thinking up a password or a security question with an answer in advance. In the future, this will help determine that the conversation is not a fraudster. Attackers collect basic information about their victims and may already know some details of a person's life, so a funny, unusual or absurd question will help confuse criminals.

Experts also remind that you should not share SMS codes to access confidential information with anyone. No organization or company will ask you to disclose the code; only scammers will do this. And a public figure, such as a famous artist, blogger, or TV presenter, will never call an ordinary person.

In addition, government organizations, law enforcement agencies, and companies do not use personal numbers and messengers. To check the information, it is enough to find out the landline phone number on the official website of the organization and call it to clarify the details. As a rule, all issues are resolved during a personal meeting at the official representative office. Also, to protect the device and account from theft and hacking, the user should set up two-factor authorization wherever possible: in banking and official applications, messengers, accounts on the government services portal.

Learn more about how scammers use deepfakes and get useful and clear recommendations from experts in the webinar recording "Call me back yourself". The project website also contains a memo with basic information on the topic. "Deepfake Scams: How to Avoid Being Scammed?".

A free telegram bot will help you check the audio message you received for synthesized speech and signs of fraud "Stopfake", created as part of the "Call Back Yourself" project. The service uses artificial intelligence to analyze sent text messages, screenshots of correspondence, and audio files, determining the likelihood of fraudulent schemes.

The online information project "Call Back Yourself" was created in 2022. It helps city residents protect themselves and their loved ones from telephone and Internet fraud.project website information about upcoming in-person and online events is available, as well as memos and recommendations from experts, recordings of past webinars and other useful materials.

You can learn more about the capital's digital ecosystem and study the history of technology development over 30 years thanks to this popular science film "Moscow in Digital".

The creation and support of information security tools, as well as counteracting cyber fraud, are in line with the objectives of the national project "Data Economy and Digital Transformation of the State".

Get the latest news quicklyofficial telegram channel the city of Moscow.

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.

.

Posted on

Ukraine Should Not Attack Moscow – D. Trump

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

WASHINGTON, July 15 (Xinhua) — Ukraine should not strike Moscow, U.S. President Donald Trump said on Tuesday, media reported.

“No, Kyiv should not target Moscow,” he told reporters on the South Lawn of the White House. Trump also said the U.S. “has no plans” to supply Ukraine with long-range missiles.

When asked whether he was on Ukraine's side, the head of the White House replied that he was on neither side.

Let us recall that earlier the media reported that D. Trump called on Kyiv to launch strikes deep into Russian territory. –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.

.

Posted on

NSU scientists create a new type of endoscopic system for diagnostics and destruction of cancer cells

Translation. Region: Russian Federal

Source: Novosibirsk State University –

An important disclaimer is at the bottom of this article.

The results of the Russian Science Foundation mega-grant competition for fundamental scientific research and exploratory scientific research under the supervision of leading foreign scientists have been summed up. 230 projects from 127 scientific organizations from 35 subjects of the Russian Federation applied for RSF support. The projects submitted for the competition are being implemented under the supervision of leading scientists with citizenship from 40 countries, including China, India, Iran, Belarus, Kazakhstan, the USA, Italy, and France. According to the results of the examination, 14 projects were declared winners. For 5 years, they will receive from 20 to 50 million rubles annually. If necessary, it is envisaged to extend the grant support for another three years.

Among the winners is the project of scientists from the Laboratory of Nonlinear Optics of Waveguide Systems of Novosibirsk State University "The Kerr Self-Cleaning Effect of Multimode Beams in Specialized Optical Fibers and Its Application for Biomedicine". This laboratory was created in May 2017 as a result of the victory of the project "Spatio-temporal Nonlinear Optics of Multimode and Multi-Core Fiber Systems" in the fifth competition of the Ministry of Education and Science of Russia for receiving grants from the Government of the Russian Federation for state support of scientific research conducted under the supervision of leading scientists. Its head is a recognized world expert in the theory of surface waves, as well as an expert in nonlinear effects in fiber-optic communication systems Stefan Wabnitz. His research activity for more than 30 years took place in leading academic and industrial institutions in Europe and the USA.

— Our project is aimed at creating an innovative endoscopic device that combines optical biopsy and low-temperature plasma therapy technologies. Its goal is to develop a unified system that provides the ability to both diagnose and treat gastrointestinal diseases, including oncological diseases, in real time, which will eliminate the need for lengthy histopathology and increase the accuracy of examinations. This device will combine two functions at once — diagnostics (using machine learning) and therapy (laser/plasma), minimizing damage to healthy tissues, — said Denis Kharenko, senior researcher at the laboratory.

In current medical practices, ex vivo histopathology is used for accurate cancer diagnostics, during which laboratory studies of living tissue transferred from the body to an artificial external environment are carried out. It involves taking tissue from the patient, which leads to delays in the start of therapy and requires complex laboratory procedures and practically does not allow observing the course of the disease in dynamics. NSU scientists propose to solve this problem by introducing in-vivo diagnostics, which allows examining the body without taking material using optical endoscopic methods. It is important that this diagnostic method will be associated with the possibility of therapeutic intervention, which will not only significantly increase the area under study and the volume of data obtained, but also accurately identify the affected area during repeated examination, minimizing time and economic costs, as well as the risks of errors associated with the analysis of samples outside the body.

— The new type of endoscopic system we are creating, in addition to diagnostics, will be able to precisely affect tumor cells using temperature-controlled laser radiation and low-temperature plasma, causing their apoptosis without excessive heating — a process of programmed cell death, in which the cell self-destructs, disintegrating into individual fragments, which are then absorbed by other cells without causing negative consequences. This leads to minimal damage to healthy tissue. This feature will reduce side effects, avoid fibrosis and vascular damage, which is extremely important for improving the quality of life of patients. The project is a significant step forward in the field of "optical biopsy" and endoscopic therapy, — explained Denis Kharenko.

One of the main scientific tasks of the scientists will be to optimize the process of diagnostics and treatment of cancer using a multimode optical fiber, which implements the Kerr self-cleaning effect, providing high resolution (up to 0.66 µm) and resistance to mechanical impacts during the propagation of laser radiation. The integration of multiphoton fluorescence and Raman scattering will further expand the diagnostic capabilities of the device, allowing for spectroscopic studies of tissues and the detection of biomarkers characteristic of different stages of the disease with microscopic accuracy. According to the project participants, this technology will make the device a universal tool for both diagnostics and subsequent treatment.

The project involves several stages. First, the scientists will design and test multimode fibers and high-repetition-rate lasers for the endoscopic system. The next step will be to test the device on biological samples, including lab-created organoids and cancerous tissue.

— We are confident that our experimental setup with the ability to precisely control low-temperature plasma will allow localized impact on the affected areas of organs and tissues, which will create the basis for the application of the technology in clinical practice. We intend to create a flexible and highly effective visualization and therapy system, which will subsequently become established as a standard in the field of diagnostics and treatment of gastrointestinal diseases, including oncological diseases in the early stages, — said Denis Kharenko.

Material prepared by: Elena Panfilo, NSU press service

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.

.

Posted on

The Central Banks of Georgia and the Republic of Korea have launched a joint project to develop non-cash payments

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

Tbilisi, July 16 (Xinhua) — The central banks of Georgia and the Republic of Korea (ROK) have officially launched a joint project to develop non-cash payments aimed at modernizing the payment infrastructure and expanding financial inclusion in Georgia, the National Bank of Georgia reported on Tuesday.

A delegation from the Central Bank of Kazakhstan and the Korea Institute of Financial Telecommunications and Clearing /KFTC/ recently visited Georgia on a working visit. During the visit, a cooperation agreement was signed, which provides for the launch of the above-mentioned project.

The parties expressed confidence that cooperation will make a significant contribution to the development of a modern and inclusive payment system, as well as strengthen economic ties between the two countries. –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.

.

Posted on

Ministry of Economic Development: SEZs have become points of growth and concentration of high technologies.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

On July 15, the Federation Council held a round table on the topic of "Development of special economic zones of the technology-implementation type as a driver of innovation." The event was organized by the Committee on Economic Policy with the participation of Senator Vladimir Kravchenko. The discussion was attended by Deputy Minister of Economic Development of the Russian Federation Svyatoslav Sorokin, representatives of the Ministry of Industry and Trade, heads of special economic zones (SEZ) of the technology-implementation type, as well as industry experts.

Today, there are seven special economic zones of the technology implementation type operating in Russia. Despite their small number, they demonstrate impressive results from year to year, promoting the development of high-tech production and innovative infrastructure. They include: SEZ Technopolis Moscow (Moscow), Saint Petersburg (Saint Petersburg), Dubna (Moscow Region), Tomsk (Tomsk Region), Innopolis (Republic of Tatarstan), Istok (Fryazino, Moscow Region), and Saratov (Saratov, Saratov Region).

In his report, Svyatoslav Sorokin noted the importance of technology implementation zones in the formation of non-resource growth of the economy and the technological sovereignty of the country.

"Today we see that, despite the fact that there are only seven technology-implementation SEZs, they generate almost half of all revenue and jobs created in the SEZ territory. This speaks to the high efficiency of this format and its key role in the development of high-tech production," the deputy minister emphasized.

Today, there are more than 570 residents registered in the TVT SEZ, 32 of which have foreign capital. The total revenue of residents exceeds 1.75 trillion rubles (43% of the total revenue for all SEZs), and the volume of investments amounted to more than 764 billion rubles. Thanks to the activities of these zones, more than 50 thousand highly paid jobs have been created.

"Residents of technology-implementation SEZs today produce unique IT solutions, medical products, and products for the aviation and space industries. These are real growth points and architects of the innovative economy," noted Svyatoslav Sorokin.

The roundtable participants discussed proposals for fine-tuning the SEZ mechanism, aimed at increasing their efficiency and investment attractiveness. The Ministry of Economic Development will work on initiatives from the constituent entities of the Russian Federation to adjust the methodology for assessing the efficiency of special economic zones, providing for increased attention to the development of technologies and the introduction of innovations. The new approach will be implemented taking into account the emphasis on technology implementation processes that ensure the implementation of the strategic goals of the national economy – structural adaptation of industries and the achievement of technological sovereignty of the country. These measures are aimed at increasing the competitiveness of Russian enterprises, accelerating scientific and technological progress and ensuring the sustainability of economic growth in the context of global competition.

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.

Posted on

Financial news: Average daily turnover of the interbank loan (deposit) market and repo transactions

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

In connection with the entry into force of the Bank of Russia Instruction of May 28, 2003 No. 1283-U “On the procedure for establishing by the Bank of Russia official prices for refined precious metals”, from July 7, 2003 the Bank of Russia introduced the following procedure for establishing official prices for refined precious metals (gold, silver, platinum and palladium).

Every working day, the Bank of Russia calculates official prices based on the fixing values for gold, silver, platinum and palladium on the London spot metal market in effect at the time of calculation, and converts them into rubles at the official exchange rate of the US dollar to the Russian ruble in effect on the day following the day the official prices were established.

Book prices are used for accounting purposes in credit organizations.

anizations, starting from the calendar day following the day of their establishment, and are valid until the new values of the accounting prices come into force.

By Bank of Russia Instruction No. 1284-U of 28 May 2003 "On the Recognition of Certain Regulatory Acts of the Bank of Russia as Invalid", the Bank of Russia Instruction No. 652-U of 30 September 1999 "On the Procedure for Calculating Quotations for the Purchase and Sale of Refined Precious Metals by the Bank of Russia in Transactions with Credit Institutions" (with amendments and additions), which determined the procedure for establishing prices for transactions for the purchase and sale of precious metals by the Bank of Russia on the domestic market, was cancelled.

Transactions for the purchase and sale of refined precious metals by the Bank of Russia on the domestic market will be concluded on market terms at prices that take into account the current situation on the world market and the level of risks of the Bank of Russia associated with fluctuations in world prices for refined precious metals.

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.

Posted on

Alexander Novak held a meeting on the implementation of the national project "Efficient and Competitive Economy"

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Alexander Novak held a meeting on the implementation of the national project "Efficient and Competitive Economy".

It was attended by representatives of federal and regional authorities, the Federal Assembly, the Bank of Russia, public business associations, the state corporation VEB.RF and the Moscow Exchange.

Representatives of the Ministry of Finance and the Ministry of Economic Development reported on the current status of the implementation of the federal projects “Development of the financial market” and “Increasing investment activity”, respectively, which are part of the national project.

The Ministry of Finance is conducting an information campaign to raise awareness among citizens about the possibilities of investing in long-term instruments. This will increase the number of users of long-term savings programs with state support.

The agency also continues to work to reduce administrative barriers to attract foreign investors willing to invest in the Russian economy.

The President set a goal to increase the volume of investment in fixed assets by 60% by 2030 compared to 2020 parameters, as well as to improve the investment climate. A representative of the Ministry of Economic Development reported that dozens of projects in the field of private-public partnership and in the field of technological sovereignty are already being implemented with the support of the state and the active participation of businesses. 40 major investment projects are being implemented within the framework of the project financing factory. The process of concluding new agreements on the promotion and protection of capital continues, investors are actively using the federal tax deduction.

The Deputy Prime Minister instructed the Ministry of Economic Development and the Ministry of Finance, together with industry business associations and investment banks, to continue working to achieve the key indicators of the national project “Efficient and Competitive Economy” and the federal projects included in it in a timely manner.

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.

Posted on

The State Duma approved in the first reading the bill on investment programs in the housing and communal services sector.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

At a meeting on Tuesday, July 15, State Duma deputies supported in the first reading a systemic bill that will help increase investment in the housing and utilities sector and modernize the utilities infrastructure.

The bill was prepared in the context of fulfilling the order of Russian President Vladimir Putin to attract budget and private funds in the amount of 4.5 trillion rubles for the modernization of critical infrastructure by 2030.

"The bill introduces a rule for resource supplying organizations to approve investment programs. We also link these programs with depreciation already taken into account in the current tariffs. In the absence of legislatively established directions for depreciation, it is impossible to track what purposes it is spent on (major repairs, covering current expenses, or placing funds on deposits), since this remains at the discretion of the resource supplying organization," Deputy Minister of Economic Development Mikhail Kaminsky noted at the plenary session.

Depreciation charges in the housing and utilities sector are part of the cost of fixed assets that organizations include in their costs to compensate for their wear and tear. Depreciation is already included in the tariffs that the population pays for housing and utilities services, while depreciation can also be used for purposes not related to the modernization of housing and utilities facilities, which leads to insufficient funding of investment programs and accelerated wear and tear of infrastructure.

Now the direction of depreciation to finance investment programs will become mandatory. This will allow the investment resource already included in the tariff to be used for the development of the industry. According to Mikhail Kaminsky, today no more than 10% of organizations have investment programs.

The mechanism of regulatory agreements, which will be extended to the heat supply sector and fine-tuned in water supply, will help support investments in the regions of the Russian Federation. The agreement will establish the procedure for determining and changing tariffs for the heat supply organization, and will record the obligations of the subject of the Russian Federation, the municipality to set tariffs for the entire term of the agreement. This is necessary to attract private investment and provide regions and municipalities with the opportunity to provide budget support measures to resource supply organizations.

“We are thus providing the opportunity to record long-term mutual obligations of resource supplying organizations, regions and municipalities: organizations will receive long-term tariffs that take into account investment programs for a period of at least five years, and regions and municipalities will receive modernized infrastructure facilities,” Mikhail Kaminsky clarified.

The bill also introduces a unified approach to monitoring the implementation of investment programs. Currently, regional state control over investment programs is carried out within the framework of tariff regulation. Now the bodies authorized to do so, which are determined by the region itself, will work according to the rules of the basic law on control. In particular, they will receive the right to inspect the implementation of investment program activities.

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.

Posted on

Financial news: Results of monitoring maximum interest rates of credit institutions (07/15/2025)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

1 When determining the maximum interest rate for each credit institution:

— maximum rates on deposits available to any client (including potential ones) without restrictions and preconditions are taken into account. Deposits for selected categories of clients (pensioners, children) and purposes (for social and humanitarian purposes, etc.) are not considered;

— rates with capitalization of interest on the deposit are not taken into account;

— rates that apply under certain conditions (regular turnover on a bank card, constant minimum balance on a bank card, etc.) are not taken into account;

— combined deposit products, i.e. deposits with additional conditions, are not considered. Such additional conditions for calculating an increased interest rate may be, for example, the purchase of investment units for a certain amount, opening an investment account, registration of an investment or savings life insurance program, connection of an additional service package, etc.;

— deposits whose term is divided into periods with different rates are not considered.

The average maximum interest rate indicator is calculated as the arithmetic mean of the maximum interest rates of 10 credit institutions.

2 PJSC Sberbank (1481) – www.sberbank.ru, VTB Bank (PJSC) (1000) – www.vtb.ru, GPB Bank (JSC) (354) – www.gazprombank.ru, JSC Alfa-Bank (1326) – alfabank.ru, JSC Rosselkhozbank (3349) – www.rshb.ru, JSC "Bank Dom.RF" (2312) – domrfbank.ru, PJSC "Moscow Credit Bank" (1978) – mkb.ru, JSC "TBank" (2673) – www.tbank.ru, PJSC "Promsvyazbank" (3251) – psbank.ru, PJSC "Sovcombank" (963) – sovcombank.ru. The monitoring was conducted by the Department of Banking Regulation and Analytics of the Bank of Russia using information provided on the specified websites. The published indicator is indicative.

3 Average maximum interest rates on deposits: for a term of up to 90 days – 17.22%; for a term of 91 to 180 days – 17.39%; for a term of 181 days to 1 year – 16.93%; for a term of over 1 year – 15.08%.

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.