Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 18% from 20%. They spoke in Russian and the quotes below were translated into English by Reuters.

Friday marked the second-straight time the Bank of Russia cut its interest rate after it lowered borrowing costs in early June.

President Donald Trump is rehashing longstanding grievances over the Russia investigation that shadowed much of his first term. The Republican president lashed out Tuesday following a report from his

In a surprise appearance at a White House briefing DNI Tulsi Gabbard accuses former President Barack Obama, without evidence, of plotting a 'years-long' coup against Donald Trump. Gabbard made the

A passenger plane crashed Thursday in Russia's Far East, killing all 48 passengers and crew on board, officials said. The Angara Airlines flight disappeared from radar, and searchers later found the burning wreckage of the plane on a hillside south of its planned destination in Tynda,

Almost 50 people including children are feared dead after a Soviet-era passenger plane crashed in Russia’s far eastern Amur region, state media reported on Thursday, citing local officials.

An passenger plane crashed in Russia's far east and initial information suggested that everyone on board was killed, Russian emergency services officials said.

Ukraine and Russia attacked targets on each other's territory on Thursday after brief direct talks between the two sides failed to make any progress on steps to end nearly three-and-a-half years of war.