In 2024, mortgage rates were the highest in Chechnya and Ingushetia
The highest mortgage rates in the Russian Federation in 2024 were recorded in Chechnya and Ingushetia - 14% and 13%, respectively. At the same time, the average level in the country was 8.7%. These figures are published by NewsRu24, citing data from the Central Bank. The figures for Karachay-Cherkessia and Kabardino-Balkaria also exceeded 10%.
 
The relatively high level of average mortgage rates in the North Caucasus is associated with a low share of preferential programs and the lack of government support for borrowers and young families. Also, a limited number of banks and developers work with such loans. Finally, the regions of the North Caucasus Federal District are among the outsiders in terms of the official income of residents. As a result, banks refuse to issue long-term loans.
Последние новости
Politics
"Fed up with power, but ready to serve the people": Kadyrov seeks a fifth term
15 July 2026

The United Russia party nominated Ramzan Kadyrov as its candidate for a new term as head of Chechnya. After his nomination, Kadyrov stated that he was running "under duress" and that, if the decision were entirely up to him, he would nominate another candidate. Learn more in our video.

New technology to improve Chechen-language speech synthesis
Society
New technology to improve Chechen-language speech synthesis
15 July 2026

Scientists from the Chechen Academy of Sciences, in collaboration with specialists from the St. Petersburg Federal Research Center of the Russian Academy of Sciences, have developed a technology that enables speech synthesis systems to correctly pronounce words in the Chechen language. This innovation will allow voice assistants, digital announcers, and other digital services to read texts aloud with greater accuracy. The *Chechnya Segodnya* newspaper reported the development, citing the Russian Ministry of Education and Science.

Shipments from Azerbaijan to Armenia Exceed $17 Million in Six Months
Politics
Shipments from Azerbaijan to Armenia Exceed $17 Million in Six Months
15 July 2026

Despite the absence of diplomatic relations and an unfinished peace process, trade between Azerbaijan and Armenia continues to grow. In the first six months of 2026, Azerbaijan exported goods worth $17.1 million to its neighbor. These figures come from Azerbaijan's State Statistical Committee.

Calls Made in the US to Make Azerbaijan a Pillar of American Strategy in Eurasia
Politics
Calls Made in the US to Make Azerbaijan a Pillar of American Strategy in Eurasia
15 July 2026

In a column for the conservative publication *Townhall*, American political commentator Brian Leib described the current stage of US-Azerbaijan relations as the most successful in the republic's history of independence.