Latest news with #RussianAcademyofSciences
Arab Times
7 hours ago
- Climate
- Arab Times
6.5 magnitude earthquake hits Russia's Kamchatka amid ongoing aftershocks
VLADIVOSTOK, July 22, (Xinhua): A 6.5 magnitude earthquake struck the Avacha Bay area off Russia's Kamchatka Peninsula on Tuesday, as the region continues to experience aftershocks following a series of powerful quakes over the weekend, local authorities reported. According to the Kamchatka branch of the Geophysical Survey of the Russian Academy of Sciences, the quake occurred at 1:59 pm local time (0159 GMT) at a depth of 51.2 km, approximately 170 km from the regional capital Petropavlovsk-Kamchatsky. Many residents in the city reported feeling the tremor, the agency said on its official Telegram channel. Russia's Emergency Situations Ministry in Kamchatka confirmed that the aftershock was felt with an intensity of up to 4 on the local scale in both Petropavlovsk-Kamchatsky and the nearby town of Vilyuchinsk. No tsunami warning was issued following the event. Sunday saw a powerful series of earthquakes across Kamchatka, with the strongest registering a magnitude of 7.6. Videos circulated on social media showed goods falling from store shelves and furniture shaking violently inside homes. After the second major quake on Sunday, authorities temporarily issued a tsunami warning for the Pacific coastal areas, which was lifted a few hours later.
Qatar Tribune
2 days ago
- Climate
- Qatar Tribune
Tsunami threat lifted in Russia's Kamchatka after powerful quake
The Pacific Tsunami Warning Center says there is no longer a danger of tsunami waves on Russia's Kamchatka Peninsula after two quakes — the larger with a magnitude of 7.4 — struck in the sea nearby on Sunday. Its epicentre, according to the Kamchatka branch of the Unified Geophysical Survey of the Russian Academy of Sciences, was 115 km from the regional capital Petropavlovsk-Kamchatsky. The larger quake was at a depth of 20 kilometers and occurred 144 kilometers east of the city of Petropavlovsk-Kamchatsky, which has a population of 180,000, according to the US Geological Survey. A few minutes earlier, a quake with a magnitude of 6.7 was recorded nearby. The PTWC initially said there was a danger of major tsunami waves but later downgraded its warning before finally saying the danger had passed. According to Russian media, the tremors were felt for roughly a minute, causing people to run out of buildings. The press service of the Main Department of the Ministry of Emergency Situations in the region said that specialists will begin examination of the buildings as soon as possible. Local services went into high alert mode. There were no immediate information of possible damage or casualties. On 4 November 1952, a magnitude 9.0 quake in Kamchatka caused damage but no reported deaths despite setting off 9.1-meter waves in Hawaii. (Agencies)
Euronews
2 days ago
- Climate
- Euronews
Tsunami threat lifted in Russia's Kamchatka after powerful tremor
The Pacific Tsunami Warning Center says there is no longer a danger of tsunami waves on Russia's Kamchatka Peninsula after two quakes — the larger with a magnitude of 7.4 — struck in the sea nearby on Sunday. Its epicentre, according to the Kamchatka branch of the Unified Geophysical Survey of the Russian Academy of Sciences, was 115 km from the regional capital Petropavlovsk-Kamchatsky. The larger quake was at a depth of 20 kilometers and occurred 144 kilometers east of the city of Petropavlovsk-Kamchatsky, which has a population of 180,000, according to the US Geological Survey. A few minutes earlier, a quake with a magnitude of 6.7 was recorded nearby. The PTWC initially said there was a danger of major tsunami waves but later downgraded its warning before finally saying the danger had passed. According to Russian media, the tremors were felt for roughly a minute, causing people to run out of buildings. The press service of the Main Department of the Ministry of Emergency Situations in the region said that specialists will begin examination of the buildings as soon as possible. Local services went into high alert mode. There were no immediate information of possible damage or casualties. On 4 November 1952, a magnitude 9.0 quake in Kamchatka caused damage but no reported deaths despite setting off 9.1-meter waves in Hawaii.
Euronews
2 days ago
- Climate
- Euronews
Tsunami threat declared in Russia's Kamchatka after powerful tremor
Three powerful earthquakes, the strongest one with a magnitude of 7.4 have been registered on Sunday in the waters of the Pacific Ocean near the Russian far-east peninsula of Kamchatka. Its epicentre, according to the Kamchatka branch of the Unified Geophysical Survey of the Russian Academy of Sciences, was 115 km from the regional capital Petropavlovsk-Kamchatsky. According to Russian media, the tremors were felt for roughly a minute, causing to people to run out of buildings. The press service of the Main Department of the Ministry of Emergency Situations in the region said that specialists will begin examination of the buildings as soon as possible. About half an hour earlier, in approximately the same area, two earthquakes of magnitudes 5.3 and 6.5 occured. Local services have gone into high alert mode. No information on possible damage or casualties has been reported at this stage. On 4 November 1952, a magnitude 9.0 quake in Kamchatka caused damage but no reported deaths despite setting off 9.1-meter (30-foot) waves in Hawaii. This is a developing story and our journalists are working to bring you the latest updates
Russia Today
14-07-2025
- Business
- Russia Today
Putin aide issues warning on Russian economy
The Russian economy is showing signs of strain and monetary policy must be eased quickly to avoid further decline, a top Kremlin adviser has warned. The Bank of Russia cut its key interest rate by 100 basis points in June, to 20%, citing easing inflation. This marked the first rate reduction since 2022, when the central bank adopted a tight monetary policy to stabilize the economy amid Western sanctions. Boris Titov, Presidential Commissioner for Entrepreneurs' Rights of Russia, sounded the alarm while commenting on a new survey by the Russian Academy of Sciences' economic forecasting institute, which assessed industrial and infrastructure enterprises this spring. 'The results, though expected, are not too encouraging,' Titov wrote on Telegram on Monday, pointing to falling investment activity. According to the report, fewer than half of companies are currently investing, down from 64% a year ago. Just 35% are preparing to launch new production – a drop from 50%. Access to credit has also worsened – only 32.5% of firms consider investment loans affordable, down from nearly 40%, while the share of those investing without borrowing has nearly doubled – from 24% to 43.7%. A growing number also voiced concern over weakening domestic demand. 'If conditions don't change, the problems will grow,' Titov stated, adding that 'monetary policy needs urgent easing.' He said, the economy, outside the defense sector, needs affordable credit, and that current growth is being driven by momentum from earlier gains. Russia's economy has operated under unprecedented Western sanctions aimed at isolating the country since the Ukraine conflict escalated in 2022. It has nevertheless outperformed forecasts, with GDP growing by 4.1% in 2023 and 4.3% in 2024. Russia is now the world's fourth-largest economy by purchasing power parity (PPP), which adjusts for cost-of-living differences across countries. Last month, Economic Development Minister Maksim Reshetnikov warned that the economy may be starting to cool, noting that this trend depends heavily on policy, particularly interest rates. The Bank of Russia expects growth to slow to 1-2% in 2025, while the government forecasts a more optimistic 2.5%.
