11:02⇢Russia's Central Bank Hikes Key Rate to 19%
⌨Russian newspapers extensively report on the Central Bank's decision to raise the key interest rate to 19% (Kommersant, Komsomolskaya Pravda, Lenta.ru, NTV.ru, RBC.ru, Rossiyskaya Gazeta, RIA Novosti, TASS, Vesti). This significant increase is seen as a measure to combat inflation. Meanwhile, Gazeta.ru discusses Western reactions to Putin's signals, while Svoboda.org reports on efforts to erase memories of mass repressions in Russia.