
AI-generated summary
The ECB raises rates for the second time in four months. Previously, rates remained unchanged from September 2023.
The European Central Bank (ECB) raised all three main interest rates by 0.25 percentage points, according to the regulator's website.
The deposit rate was increased to 2.5 percent per annum, the rate of main refinancing operations - to 2.65 percent, and the rate on margin loans - to 2.9 percent.
“The conflict in the Middle East continues to create inflationary pressures, and inflation is expected to remain well above target for a longer period,” the ECB said in a statement.
The bank increased rates for the second time in the last four months, and before that it had not increased them since September 2023. Commenting on the June decision, ECB head Christine Lagarde, in particular, noted that inflation caused by the Iranian conflict applies not only to energy prices.

Since the beginning of 2026, Northern Military District veterans and their families have concluded about 2,800 social contracts to open their own businesses. The Defenders of the Fatherland Foundation provides support at all stages, from developing a business plan to launching a project.

The Arbitration Court of the Vladimir Region jointly and severally recovered from the ex-chairman of the board Mikhail Petrikov and former beneficiaries Vasily Vishnyakov and Pavel Parshikov more than 6.8 billion rubles at the request of the Deposit Insurance Agency due to non-repayable loans.

Indonesia has begun the second stage of purchases of Russian oil. Energy Minister Bahlil Lahadalia confirmed that the supplies are being carried out within the framework of intergovernmental agreements reached after the visit of President Prabowo Subianto to Moscow.

South Korea is seeking to use the Northern Sea Route to reduce logistics costs, but sanctions against Russia are preventing full cooperation. Expert Evgeny Kim notes that the route is 36% shorter than the route through the Suez Canal.

The head of the Bank of Russia, Elvira Nabiullina, said that the recent sales of gold by the regulator are due to the fact that other global central banks have begun to actively increase their reserves, catching up with the strategy that the Russian Federation implemented in 2014–2020.

President of Belarus Alexander Lukashenko, during a meeting with Russian businessman Vladimir Potanin, spoke about the dangers of storing savings in dollars and proposed investing in real economic projects in the republic.