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In the interests of the company, Volozh promised not to give voting instructions to the family trust,through which he owns a stake in Yandex Arkady Volozh The Yandex company announced that Arkady Volozh will leave the post of CEO of the group of companies, the board of directors and leave senior positions in international subsidiaries. The company's statement came after the EU published a sanction...

An accelerated CAGR of 2.74% is expected in subsequent years as demand for the product rises in regions such as Asia Pacific and Europe. A recent study of the global duck meat market by Technavio shows that the segment could grow by $1.59 billion in the coming years as demand is expected to rise in several regions. Analysts expect a CAGR of 2.74% for the period 2......

Washington's decision to expand anti-Russian sanctions will affect food security around the world, as well as the situation within the United States. This was announced on his Telegram page by Russian Ambassador to the United States Anatoly Antonov. The Russian ambassador called the imposition of sanctions a "vicious" practice. Such measures, according to Antonov, will aggravate the state of affai...

Treasuryissued a general license in which he withdrew pension payments to Americans from anti-Russian sanctions. According to the FIU for 2020, about 21,000 people received Russian pensions in the United States. The US Treasury Department withdrew transactions related to the payment of pensions to Americans from anti-Russian sanctions, according to general license No. 38, published on the website ...

Building of the National Bank of Ukraine The National Bank of Ukraine (NBU) decided to raise the discount rate two and a half times - from 10 to 25%. The message about the increase was published on June 2 on the website of the Ukrainian regulator. The report states that the bank considered several possible scenarios for the development of events and decided that in the current conditions it is nec...

After a decline earlier in the year, meat production is expected to recover in the coming months. The export business is also suffering. The reduction in the number of pigs is taking its toll. According to the latest data from the United States Department of Agriculture (USDA), 41.68 million pigs were slaughtered in the United States from January to April, down 2.56 million or 5.8% from the first ...

The Credit Derivatives Committee previously acknowledged non-payment on Russian Eurobonds with additional interest due in 2022 for $1.9 million.that it is ready to settle claims bilaterally The Ministry of Finance of Russia is ready to settle claims regarding the completeness of the fulfillment of debt obligations under Eurobonds "Russia-2......

The International Swaps and Derivatives Association (ISDA) recorded the event of "non-payment" on Eurobonds of the Russian Ministry of Finance maturing on April 4th. We are talking about a controversial additional interest on bonds that Russiarepaid in general The Credit Events Committee of the International Swaps and Derivatives Association (ISDA) has recognized a “Failure to Pay” credit event on...

Vnukovo co-owner Vitaly Vantsev told in an interview with RBC how the airport is coping with unprecedented Western sanctions,how many passengers will be able to transport in 2022 and where does it make sense to invest in aviation now Vitaly Vantsev The impact of Western sanctions and special operations on the aviation industry Duty Free on domestic flights and other government support measures How...

According to analysts polled by Bloomberg, due to the constant rise in prices in the US market, this year's grilling season may be partially compromised. “The inflationary environment is starting to take its toll. Instead of steak or chicken, we can have pasta or pizza,” said Michael Nepwe, senior animal protein analyst at Stable USA . Meat prices in the US market have continued to rise since the ...

Patriarch of Moscow and All Russia Kirill The plans of the European Union to impose sanctions against the Patriarch of Moscow and All Rus' Kirill are "infernal" and testify to the helplessness of the countries of Europe. This was announced on Sputnik radio by the official representative of the Russian Foreign Ministry, Maria Zakharova. “They no longer understand how infernal it sounds to include a...

After the EU decision to ban the import of 90% of oil from Russia, Russian exports of goods worth over $100 billion may be subject to sanctions .and the European Union In 2021, the EU was Russia's largest trading partner (EU countries accounted for almost 36% of Russian trade), and the US was in the top 5 trading partners. But the Western sanctions that followed the special military operation in U...

The Biden administration fears that if Washington confiscates the assets of the Russian Central Bank, other countries will stop seeing the United States"country for holding investments". Treasury Secretary Janet Yellen Calls Confiscation of Reserves Illegal Joe Biden Officials in the administration of US President Joe Biden cannot reach a consensus on the issue of confiscating frozen Russian asset...

took the European Union a month and a half to agree on a partial embargo on oil supplies from Russia. USAbanned its purchase back in March.How restrictions can affect Russia and the global oil market - RBC understood During the summit in Brussels, the European Union reached an agreement on a partial ban on the import of Russian oil as part of the sixth package of sanctions, the head of the Europea...

According to the Belgian prime minister, agreeing on an embargo on Russian gas supplies will be "much more difficult" than it was with oil. He suggested that the EU wait with new sanctions and see if After the introduction of the sixth package of anti-Russian sanctions, the European Union needs to “pause” and look at the consequences, said Belgian Prime Minister Alexandre de Cros, reports Bloomber...

Mikhail Prokhorov's investment bank will close branches in the UK and the US , sources told Bloomberg. Prokhorov has so far managed to avoid falling under sanctionsEU and USA. The RBC company said Russian investment bank Renaissance Capital (RenCap) will close its office and research department in New York, Bloomberg reports citing sources. According to the interlocutors of the agency, who asked n...

The Ministry of Economy proposed to give the regions the right to conclude concessions with investors on state property without a tender until the end of 2022. Implementation of projects will accelerate, but there are risks for competition, The Ministry of Economic Development has prepared new anti-sanction concessions to the legislation aimed at maintaining the investment attractiveness of the re...

Sberbank will be disconnected from the SWIFT payment system, the EU countries have agreed. Von der Leyen said that Sberbank received special attention because of its significant share in the country's banking sector. The EU countries have agreed to disconnect Sberbank from the interbank system for transferring information and making SWIFT payments as part of the sixth package of sanctions, the hea...

The introduction by the United States of a ban on the import of hydrocarbons from Russia has led to an increase in prices on the world market and an increase in Moscow's income, German Vice Chancellor Robert Habeck said in an interview with CNN. “The U.S. oil ban has driven up world market prices, so [President Vladimir] Putin has made more money by selling less oil. And of course, this is a probl...

About 77% of Russian companies have already adapted to the sanctions or hope to do so,at the same time, the majority considers government measures to support business to be insufficient Most Russian companies have already adapted to work under sanctions or hope to achieve such a result in the near future. This is stated in the "Monitoring of the current state of business in Russia", conducted by t...

The developer of Elbrus processors is negotiating with Mikron to transfer their production to Zelenograd. Factory in Taiwan became unavailable due to sanctions, The MCST company, which is the developer of the Russian Elbrus processors, is negotiating the possibility of transferring their production to the Russian Mikron factory. This was told to RBC by a source and confirmed by Konstantin Trushkin...

All points of the sixth package of EU sanctions against Russia have been agreed, except for the oil embargo, this issue is unlikely to be resolved in the next 48 hours,said the head of the European Commission Ursula von der Leyen Ursula von der Leyen The European Union has agreed on all points of the sixth package of sanctions against Russia, except for an embargo on oil supplies via pipelines, a ...

The current crisis in the Russian economy can be called a crisis of demand - not enough spending by the population, says the head of the Ministry of Economy Maxim Reshetnikov. According to him, now in the Russian economy there is a risk of unwinding a "deflationary spiral". The reason for this is the “re-strengthening of the ruble”. “At present, what we call a crisis of demand is developing in our...

Pig futures on the Chicago Mercantile Exchange (CME) rose on Thursday to their highest level in more than a month, helped by strong exports and fears of a slowdown in slaughter. The United States Department of Agriculture (USDA) said on Thursday morning that pork export sales for the week ended May 19 were 36,8......

The draft of new sanctions against Russia provides for a partial embrago on oil supplies from Russia to the EU - by sea, Reuters reported with reference to the draft document. Hungary, Slovakia and the Czech Republic will be able to receive oilin "Friendship" Representatives of the EU countries could not agree on a complete embargo on Russian oil supplies to European countries, but agreed on a ban...

The Russian Union of Poultry Breeders Rosptitsesoyuz filed a complaint with the Federal Antimonopoly Service, alleging that the country's largest retailers are forcing farmers to sell eggs at prices below cost. As Galina Bobyleva, General Director of the Russian Poultry Union, explained, the largest retailers refuse to buy eggs more than 35 rubles ($......

According to an EU official, EU-discussed sanctionssuggest a ban on the supply of Russian oil by sea until the end of the year,but provide for an exception for oil via the Druzhba pipeline On the eve of the EU summit, the EU governments failed to reach an agreement on an oil embargo against Russia. This was reported to Reuters by an EU official. According to him, the sanctions being discussed by t...

Deripaska, through the Cypriot Rasperia Trading Limited, owns 27.8% of the Austrian Strabag. According to the newspaper, The Cypriot company Rasperia Trading Limited, controlled, according to the newspaper Der Standard, by Oleg Deripaska, filed a lawsuit with the Austrian city of Klagenfurt against the large Austrian construction concern Strabag. According to the publication, the reason for the la...

The Malaysian government appears ready to step up food protectionism by imposing a ban on chicken exports, according to Bloomberg. This week, government officials met with 12 growers and livestock groups, including Leong Hup Poultry Farm Sdn., HLRB Broiler Farm Sdn., PWF Corporation Bhd. and the Malaysian Animal Breeders' Federation following a Cabinet meeting discussing the ban. Prime Minister Is...

"Theft of other people's assets" does not lead to anything good and only brings problems to those who do it, Putin said. Formerly in EU and USproposed to withdraw frozen Russian assets in favor of Ukraine video Violating international norms and "stealing other people's assets" will only lead to problems for those who do it, Russian President Vladimir Putin said , speaking at a meeting of the Euras...