Free Republic

Ukraine's air forces shot down a Russian Su-35 fighter jet on Saturday morning, the Ukrainian military said. "This morning, on June 7, 2025, as a result of a successful Air Force operation in the Kursk direction, a Russian Su-35 fighter jet was shot down," the military said on the Telegram messenger. It gave no more details. Russian forces have not yet commented on the matter while Reuters could not independently verify the report.

Inflationary expectations among Russian households for the year ahead stood at 13.4% in November, unchanged from October, while inflationary pressure remained high, the central bank said on Monday. The central bank raised its benchmark interest rate to 21% last month, the highest level in more than 20 years, citing high inflation and elevated inflationary expectations as the main reasons for the move. -snip- The central bank board will convene for the next rate-setting meeting on Dec. 20, with the officials saying that a further tightening of monetary policy was possible.