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Russia Sets New Weekly Record Covid Deaths, But Incidence Rates Show Signs of Peaking

RUSSIA

LOCAL NEWS

  • Russia sets new record high for weekly Covid fatalities, however, the growth in incidence has almost stopped according to data from the anti-covid centre.
    • Experts note that despite excess deaths, the situation is improving in hotspot regions like Moscow. Comes as Russia records 25,018 new daily cases and 764 deaths on Sunday
  • Belarus opposition leader Tikhanovskaya says she will discuss new sectoral sanctions on Belarus with the US in her discussions with Biden & Blinken today and tomorrow.
    • Belarus PM Golovchenko says Belarus and Russia are able to withstand any sanctions pressure
  • Ministry of Agriculture does not expect a significant increase in bread prices in the future, which is due to a decrease in the cost of raw materials, as well as the action of measures of state support for producers of bakery products and flour
  • S&P Reaffirms Russia's rating at BBB-, outlook stable. Strong external and fiscal balance sheets noted as being able to absorb covid risks and possible international sanctions.
    • An upgrade would be premised on abating geopolitical risks and improved GDP growth.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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