Students ready for legal battle to cut tuition costs
Students of leading Russian universities are preparing to file class action lawsuits against their universities, demanding a reduction in the cost of their tuition to reflect the shift to distance learning this year during the COVID-19 pandemic, according to recent statements made by representatives of some student communities in Russia and some local media reports.
One lawsuit has already been submitted, by students of Moscow State University (MSU) at the end of November, although no date has yet been set for proceedings by the Moscow court.
Similar lawsuits may soon be filed by students from other leading domestic universities, among which are the Russian Presidential Academy of National Economy and Public Administration, the Moscow State Pedagogical University, the Yaroslav-the-Wise Novgorod State University, the Chuvash State University and some other regional Russian universities.
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Bank of Russia to cut key rate by 0.25 pp to 4% at next meeting, says State Duma member
Anatoly Aksakov does not rule out that the key rate in Russia may go down even below 4% if deflation factors prevail over inflation factors, he said, adding though that it is unlikely
MOSCOW, January 16. /TASS/. Russia’s Central Bank may reduce the key rate by 0.25 percentage points to 4% at its next meeting in February, Chairman of the State Duma’s Financial Markets Committee Anatoly Aksakov told TASS on the sidelines of the Gaidar Forum. If the ongoing trend persists in February, I assume that the Central Bank may cut the key [rate] by 0.25 percentage points and fix it at the level of 4%, with all depending on the environment on the oil market, the pandemic situation and, consequently, on how the macroeconomic situation will unfold in all leading countries: the US, Europe and China, he said.