Chechnya declared leadership in economic growth rates

Russian Deputy Prime Minister Alexander Novak held a meeting on improving the investment climate in the North Caucasus Federal District. He noted that in 2023-2024, the district achieved very good results in terms of investment growth rates - almost plus 20%.

The head of the Chechen government, Magomed Daudov, said at the meeting that the republic occupies a leading position among Russian regions in terms of gross regional product growth rates.

“In 2024, the GRP amounted to 314.4 billion rubles, which is 16.6% more than in 2023. Over the past year, the volume of investment in fixed assets increased by 16.3% and amounted to 198.8 billion rubles,” Daudov said.

In terms of GRP volumes, the North Caucasus Federal District lags behind other districts. At the same time, in most North Caucasian regions, GRP has increased twofold or more since 2015.

Последние новости
Russian Court Hands Down In Absentia Sentence to Georgian Citizen Who Fought for Ukraine
Politics
Russian Court Hands Down In Absentia Sentence to Georgian Citizen Who Fought for Ukraine
30 July 2026

The so-called Supreme Court of the self-proclaimed Donetsk People's Republic (DPR) has sentenced Georgian citizen Kakhaber Amiranashvili to 13 years and six months in prison *in absentia*. Russian media reported the news, citing the Investigative Committee of the Russian Federation.
Death of Climber from Vladimir Under Investigation in Karachay-Cherkessia
Society
Death of Climber from Vladimir Under Investigation in Karachay-Cherkessia
30 July 2026

The Investigative Committee and the Prosecutor's Office of Karachay-Cherkessia have launched parallel inquiries into the circumstances surrounding the death of a climber from Vladimir in the Daut Gorge. The man fell near the MIFI Peak; investigators are currently establishing the details of the incident.
Pashinyan Warns of the “Beginning of the End” for the EAEU
Politics
Pashinyan Warns of the “Beginning of the End” for the EAEU
29 July 2026

Armenian Prime Minister Nikol Pashinyan has warned that Russia’s restrictions on Armenian exports are calling into question the future of the Eurasian Economic Union (EAEU), saying the dispute could mark “the beginning of the end” for the Moscow-led bloc if it is not resolved soon.
Nauru becomes the third country to withdraw recognition of Abkhazia and South Ossetia
Politics
Nauru becomes the third country to withdraw recognition of Abkhazia and South Ossetia
29 July 2026

The Pacific island nation of Nauru has severed diplomatic relations with the self-proclaimed entities of Abkhazia and South Ossetia, effectively revoking its earlier recognition of their "independence." The Georgian Foreign Ministry announced the move.