Moscow Eyes Lockdown Extension Scenarios, Including January as a Worst Case

LOCAL NEWS

• Moscow Mayor's office is discussing the extension of the lockdown from 8 Nov to 15 Nov and also another scenario for a tighter lockdown until 1 Jan is on the table.
  • A decision is expected no earlier than next week and is said to be dependent on the trajectory of the virus
• CBR Research Director says "It is very important for the Bank of Russia to ensure that we get inflation close to 4% by the end of next year (2022). Our goal is inflation close to 4%."
  • "The assessment of inflationary risks, which was made in September, did imply further movement within the framework of such a 'fine' adjustment. The assessment that was given in October differed in terms of inflation for the worse,"
• Ambassador to the US, Antonov, says dialogue on strategic stability is developing in the right direction and is professional and substantial. Notes the definition of the goal of strategic stability is an important achievement via the New Start treaty and various working groups.
  • Says Russia is ready any national security or stability issues, hoping that the US would not ignore Russia's priorities and concerns. Says Russia hopes for legally binding agreements with the US, but does not rule out other formats
• UK PM Johnson tells Putin that the UK-Russia relationship is "not the one" London wants, saying that bilateral difficulties remains over the Salisbury poisoning and Ukrainian sovereignty.
  • Both sides agreed to maintain "necessary contacts" but attempt to establish cooperation in a number of areas of mutual interest