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Israeli Strikes Pound Lebanon

Two boys ride their bicycles next to ruble left on the road following an Israeli airstrike in the Bekaa valley in central Lebanon. Photo by Oliver Marsden/Middle East Images/ABACAPRESS.COM

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Sde Boaz Settlement Outpost - West Bank

Imad Mukakir and his son Razi, 33, are forced to ferry goods for their pet store by hand over ruble used by the Israeli Defence Force to block one of the entrances into and out of Bethlehem in the West Bank, October 19, 2023. Photo by Oliver Marsden/Middle East Images/ABACAPRESS.COM

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Russia raises key interest rate to 12 pct, citing inflation

STORY: Russia raises key interest rate to 12 pct, citing inflation DATELINE: Aug. 16, 2023 LENGTH: 00:01:36 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Russia in Moscow 2. various of Moscow city 3. various of a money exchange bureau in Moscow 4. various of Moscow city STORYLINE: Russia's Central Bank has decided to raise the key interest rate by 350 basis points to 12 percent, it said in a statement Tuesday. During an emergency meeting, the bank announced the rate increase and said the decision was "aimed at limiting price stability risks" amid inflation pressure. "As of Aug. 7, the annual rate of inflation rose to 4.4 percent while current price growth rates continue to increase," the bank said in a statement. According to the bank, steady growth in domestic demand has surpassed the capacity to expand production, increasing inflationary pressure and influencing the ruble's exchange rate dynamics through elevated demand for imports. "Consequently, the pass-through of

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Fishing boat Zuisho Maru freed 7 months after seizure by Russia

KUSHIRO, Japan - The Japanese fishing boat Zuisho Maru No. 38, seized by Russian authorities in January for illegal fishing, berthed at Rausu, Hokkaido after it was released by Russia and towed back to Rausu on Aug. 14. The captain Takashi Kawabata and five other crew members of the 19-ton vessel had been released by the end of May. Russian authorities accused Kawabata of illegal fishing and imposed a 300,000 ruble (1.4 million yen) fine.

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Ruble crash leaves Moscow store shelves empty

MOSCOW, Russia - Shelves for TVs at a large store in Moscow are almost empty on Dec. 20, 2014, in the aftermath of a buying spree caused by the Russian ruble's plunge against the U.S. dollar and other foreign currencies.

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Stock prices plunge to 6-year low

The key Nikkei index plunged to a six-year low on the Tokyo Stock Exchange on Thursday Aug. 27 as falling share prices worldwide, the Russian ruble crisis and Japan's weakened banking industry continued to spook investors.

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Obuchi comments on ruble devaluation

Prime Minister Keizo Obuchi answers opposition questions in a House of Representatives Budget Committee session Tuesday Aug. 18. Calling Russia's latest ruble devaluation ''regrettable,'' Obuchi said, ''I am concerned that it could have a major effect on the global economy.'' Siting at right is Finance Minister Kiichi Miyazawa.

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Ruble payments to be used more in Russia's foreign trade: Kremlin

STORY: Ruble payments to be used more in Russia's foreign trade: Kremlin DATELINE: April 4, 2022 LENGTH: 00:02:05 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. various of views in Moscow STORYLINE: Ruble payments will be used more in Russia's foreign trade, Kremlin Spokesman Dmitry Peskov said Sunday. "It is still a prototype system (of payments), but I'm confident that it will spread to new groups of goods as well, and it will play a larger role in our foreign trade," Peskov said in an interview with Russia 1 TV channel. When talking about ruble payments for Russian gas, Peskov said that buyers will pay in units "indicated in agreements," but the final payment will be submitted to the seller, Russia's gas industry giant Gazprom, in rubles by buying Russian rubles with these euros or U.S. dollars. The ruble payments for Russian gas mean to ensure the security of Russia's trade and not to spite anyone, he added. Xinhua News Agency correspondents reporting from Moscow. (XHTV)

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RUSSIA-MOSCOW-STOCK MARKET-REOPEN

(220325) -- MOSCOW, March 25, 2022 (Xinhua) -- File photo shows the Moscow Exchange in Moscow, Russia, Feb. 24, 2022. Russia's main stock market resumed trading on Thursday, after previously being closed for nearly one month. The ruble-denominated MOEX Russia Index increased by 4.37 percent as the market closed. (Xinhua/Evgeny Sinitsyn)

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RUSSIA-MOSCOW-RUBLE-NATURAL GAS SUPPLY

(220324) -- MOSCOW, March 24, 2022 (Xinhua) -- Photo taken on March 24, 2022 shows ruble banknotes and coins in Moscow, capital of Russia. Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to "unfriendly countries," including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. (Xinhua/Bai Xueqi)

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RUSSIA-MOSCOW-RUBLE-NATURAL GAS SUPPLY

(220324) -- MOSCOW, March 24, 2022 (Xinhua) -- Photo taken on March 24, 2022 shows ruble banknotes in Moscow, capital of Russia. Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to "unfriendly countries," including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. (Xinhua/Bai Xueqi)

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RUSSIA-MOSCOW-RUBLE-NATURAL GAS SUPPLY

(220324) -- MOSCOW, March 24, 2022 (Xinhua) -- Photo taken on March 24, 2022 shows ruble banknotes and coins in Moscow, capital of Russia. Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to "unfriendly countries," including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. (Xinhua/Bai Xueqi)

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Fishing boat Zuisho Maru freed 7 months after seizure by Russia

KUSHIRO, Japan - The Japanese fishing boat Zuisho Maru No. 38, seized by Russian authorities in January for illegal fishing, berthed at Rausu, Hokkaido after it was released by Russia and towed back to Rausu on Aug. 14. The captain Takashi Kawabata and five other crew members of the 19-ton vessel had been released by the end of May. Russian authorities accused Kawabata of illegal fishing and imposed a 300,000 ruble (1.4 million yen) fine. (Kyodo)

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Ruble crash leaves Moscow store shelves empty

MOSCOW, Russia - Shelves for TVs at a large store in Moscow are almost empty on Dec. 20, 2014, in the aftermath of a buying spree caused by the Russian ruble's plunge against the U.S. dollar and other foreign currencies. (Kyodo)

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Stock prices plunge to 6-year low

The key Nikkei index plunged to a six-year low on the Tokyo Stock Exchange on Thursday Aug. 27 as falling share prices worldwide, the Russian ruble crisis and Japan's weakened banking industry continued to spook investors. ==Kyodo

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Obuchi comments on ruble devaluation

Prime Minister Keizo Obuchi answers opposition questions in a House of Representatives Budget Committee session Tuesday Aug. 18. Calling Russia's latest ruble devaluation ''regrettable,'' Obuchi said, ''I am concerned that it could have a major effect on the global economy.'' Siting at right is Finance Minister Kiichi Miyazawa. ==Kyodo