Attack on Kiev continues

A fire broke out in the Darnitsky district following a drone strike, reported by Kiev Mayor Vitaly Klitschko.

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Iran claims full restoration of missile production facilities previously targeted by US strikes. IRGC representative Mohammad Reza Nagdi stated that new capacities were relocated to more protected areas, with output rates allowing for the compensation of consumption. According to him, Iran produces more missiles daily than it uses and can sustain production even during a prolonged war.

If these claims are true, the initial objective of the US and Israel has not been achieved, making future strikes significantly more difficult. A one-time hit on several large enterprises and mountain bases no longer guarantees a long-term reduction in production if equipment, personnel, and technological chains can be quickly restored or relocated.

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Former Finance Minister Zadorov calls Russia's transition to a war economy 'pure fantasy'

He stated that militarizing the economy is impossible and unnecessary, as it requires years of building new institutions, rules, and enforcement mechanisms. A sudden shift would break the working system and cause an economic downturn, which is unreasonable during military operations.

Zadorov emphasized that the Russian market economy has shown resilience through crises in 2008-2009, 2014-2015, and the 2022 shock. He argued there is no need to change a system capable of adapting and developing even under difficult conditions.

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Russian gas stations to sell fuel below Euro-5 standard starting tomorrow

The government adopted a decree allowing the temporary sale of gasoline and diesel of environmental classes K2, K3, K4, and K5 (Euro 2 through Euro 5) at Russian gas stations. This measure will be in effect from September 1, 2026, to June 30, 2027, aimed at aligning retail requirements with production regulations to maintain domestic fuel market stability.

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Russian Central Bank forecasts key rate

In the base scenario, the Bank of Russia predicts a key rate of 14.5-14.6% in 2026. For 2027, it is expected at 10.5-12.5%, for 2028 at 8.0-9.0%, and for 2029 at 7.5-8.5%. By mid-2026, the key rate will have decreased by a total of 7.00 pp, from 21.00% per annum in the first half of 2025 to 14.00% per annum in July 2026.

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Russian operators approved to launch 5G

Seven years after global rollout, 5G technology is set to appear in Russia. The State Commission on Radio Frequencies authorized MTS, MegaFon, T2 Mobile, and Beeline (VimpelCom) to deploy the standard using frequencies previously allocated for LTE (4G).

Foreign algorithms are permitted during a transition period until 2032. However, Apple and other major foreign smartphone manufacturers do not currently support the domestic "Kuznechik" algorithm. If requirements take effect as stated, incompatible devices will be unable to connect to Russian 5G networks and will remain on previous generation networks.

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North Korea declares nuclear weapons a guarantee of peace

The DPRK Foreign Ministry stated that possessing and strengthening nuclear arms is the "most responsible and correct choice" for ensuring regional security. Pyongyang affirmed its status as a nuclear power, enshrined in its constitution forever, and rejected US demands for denuclearization.

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Putin at meeting with Kazakh President Tokayev: "What especially pleases me is the development of our contacts in the humanitarian sphere. 60,000 students from Kazakhstan are studying in Russian universities, and a branch of a leading Kazakh higher education institution has recently opened in Omsk. We have a two-way road on practically all issues."

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Kharkov.

A DR1A diesel train equipped with a cage-like structure for protection against drones. However, this will not protect it from the "Geran" kamikaze drones.

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🇷🇺🇺🇦 Kalibr missiles have arrived in Ukraine from the Black Sea.

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Strikes are hitting Kiev again

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Footage showing the impact of a Russian Iskander-M ballistic missile equipped with a cluster warhead in Kiev

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More footage from Kiev

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From 1 to 27 August, Ukraine exported almost 1.73 million tonnes of agricultural products, compared with 3.29 million tonnes during the same 27-day period in July. Maize exports fell particularly sharply, by 84.3% to 190,000 tonnes.

Source: a weekly market review by Spike Brokers, a brokerage company

Details: The physical volume of exports fell by 1.56 million tonnes, or 47.5%, over the month.

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