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The Bank of Russia is raising its key interest rate to 20%. It had been at 9.5%. The central bank says external conditions have drastically changed and the hike is necessary to make bank deposits attractive. Bloomberg Economics' Scott Johnson discusses the move on "Bloomberg Daybreak: Europe."
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Live coverage of the 2020 BRSCC Formula Ford Festival from Brands Hatch
During the #FFFestival lunch break, and ahead of the first races of the weekend, you can read the FF1600 Website team's predictions here: https://t.co/42Oz9PSKdE
— FF1600website (@ff1600website) October 24, 2020
Reigning #FFFestival winner Jonathan Browne took a dominant victory in the second heat of the day https://t.co/dc3zEOexoR
— FF1600website (@ff1600website) October 24, 2020
Rory Smith mastered the rain to beat Jordan Dempsey to victory in heat one at the Formula Ford Festival for B-M Racing@BrsccHQ @Brands_Hatch https://t.co/8Plz1wGe57
— FF1600website (@ff1600website) October 24, 2020
The rain has hit Brands Hatch, and it caught out several runners in the first Classic race of the #FFFestival weekend https://t.co/dSRPxXGVDA
— FF1600website (@ff1600website) October 24, 2020
