Stories from Russia

The Chinese yuan has risen to over 11 rubles per yuan. Stock markets have not performed as strongly compared to other regions despite economic growth.

Russian Railways (RZD) has introduced a 50% discount on the transportation of ferrous scrap metal via rail. The special terms are scheduled to remain in effect until September 30, with a possibility of extension until the end of the year.

Russia has announced a one-way ceasefire starting from 00:00 on the transition from May 5 to May 6. President Putin made the decision to implement the cessation of combat activities. The Ministry stated the pause aims to facilitate diplomatic processes and maintain communication with the United States regarding a just peace. All Russian forces will cease combat activities in special military operation zones during this period. The Ministry of Defense also reported that Ukrainian forces attempted a terrorist attack on civilian infrastructure in Saint Petersburg. The Ministry stated the period aims to facilitate a new round of exchange actions in the Ukraine-Russia conflict. Russia intends to monitor partner contacts to promote a just peace and ensure its own security.

A boxer is scheduled to compete in the RCC Boxing Promotions tournament in Yekaterinburg. The event is expected to be sold out at full capacity, with the broadcaster said the high stakes of boxing where only winning secures the championship.

Authorities have dismantled a fraud ring operating out of a call center in Zabaykalsky Krai. Russian Federal Police arrested a 24-year-old man in Zabaykalsky Krai on May 5th, suspected of collecting information for the Ukrainian military.

Russian authorities liquidated a network of Ukrainian call centers operating in Zabaykalsky Krai. Organizers of the scheme have been detained. Russian federal police have arrested a 24-year-old man suspected of gathering information for the Ukrainian military.

The former owner and CEO of Svoboda factory, Evgeniy Panteliev, died last December. He held assets valued at nearly 500 million rubles. Heirs will gain full rights to manage these assets in six months.

A banker named Morgan has become the center of a corporate scandal.

Russia is reportedly seeking to recruit between 30,000 and 40,000 new personnel. This recruitment drive is part of ongoing military efforts. The exact number sought is within this range.

The Innoprom international industrial exhibition is scheduled to take place in Yekaterinburg from July 6 to July 9. Approximately 15,000 organizations are expected to participate. Delegations from various countries will attend the exhibition.