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RUSSIA: Trump Tells Putin Not to Escalate War in Ukraine: WaPo

RUSSIA
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  • President-elect Donald Trump spoke with Russian President Vladimir Putin on Thursday, the first phone conversation between the two men since Trump won the election, Washington Post report citing several people familiar with the matter. During the call, Trump advised the Russian president not to escalate the war in Ukraine and reminded him of Washington's sizable military presence in Europe. The newspaper add that Trump expressed an interest in follow-up conversations to discuss "the resolution of Ukraine's war soon."
  • Interest rates on corporate bank deposits in Russia, like those on retail deposits, have hit new record highs, Kommersant report citing central bank data. But although rates on long-term deposits of 1-3 years already exceed 22%, companies prefer short-term deposits, usually up to 30 days, as businesses want to stay flexible amid the unstable economic situation.
  • Russian Security Council Secretary Sergei Shoigu starts his visit to China today, Bloomberg report. CBR Governor Nabiullina and Deputy Governor Alexey Zabotkin will take part in a United Russia party meeting in the State Duma, according to Interfax.
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  • President-elect Donald Trump spoke with Russian President Vladimir Putin on Thursday, the first phone conversation between the two men since Trump won the election, Washington Post report citing several people familiar with the matter. During the call, Trump advised the Russian president not to escalate the war in Ukraine and reminded him of Washington's sizable military presence in Europe. The newspaper add that Trump expressed an interest in follow-up conversations to discuss "the resolution of Ukraine's war soon."
  • Interest rates on corporate bank deposits in Russia, like those on retail deposits, have hit new record highs, Kommersant report citing central bank data. But although rates on long-term deposits of 1-3 years already exceed 22%, companies prefer short-term deposits, usually up to 30 days, as businesses want to stay flexible amid the unstable economic situation.
  • Russian Security Council Secretary Sergei Shoigu starts his visit to China today, Bloomberg report. CBR Governor Nabiullina and Deputy Governor Alexey Zabotkin will take part in a United Russia party meeting in the State Duma, according to Interfax.