A longtime ally of Russian President Vladimir Putin has predicted that the majority of Russian companies could go bankrupt due to the increasingly high interest rate. - snip- Chemezov criticized the Russian central bank's elevated key interest rate, which, following his comments, was raised by an additional two percentage points on Friday to a record 21 percent. "There is no 20 percent profitability anywhere. Maybe in the drug trade, but even the sale of weapons does not bring such a profit," he said. Chemezov said that the high key interest rate drives up borrowing costs for businesses, which hurts their...