Russia's central bank raised its key interest rate to 21% to combat inflation driven by military spending and high domestic demand. The economy shows growth due to oil exports, but inflation remains above forecasts. The rate hike aims to relieve price pressures, marking the highest rate since 2013. Despite sanctions, Russia's economy grew 4.4% in Q2 2024, with low unemployment and factories operating at full capacity. Teljes cikk (Euronews.com)