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The license of the UAE Central Bank allowed MTS-Bank to open a branch in Abu Dhabi. The bank received this permission last year, but last February it was sanctioned by the UK and the US. The Central Bank of the United Arab Emirates cancels the license from MTS Bank, according to the website of the regulator. He made the decision a month after the US and UK imposed blocking sanctions on the Russian...

Segezha Group has sold seven paper packaging plants in Europe due to Western sanctions banning the import of Russian timber products.But these businesses accounted for about 1% of the group's OIBDA. The Segezha Group holding, controlled by AFK Sistema, has sold its European subsidiary, Segezha Packaging, which unites seven paper packaging plants. Segezha Group President Mikhail Shamolin spoke abou...

After Brexit, the British began to trust their own parliament and government less than the government and parliament of the European Union,according to a survey by King's College LondonLondon, Great BritainGreat Britain Residents of the UK after leaving the European Union began to trust the EU government and the European Parliament more than their own government and parliament. The Guardian writes...

Silicon Valley Bank went bankrupt in early March, after which the capitalization of the banking sector in the United States sharply decreased, Europe and Asia. Bloomberg writes, The $2 trillion venture capital industry could face 25-30% or $500 million in portfolio write-offs due to the collapse of US Silicon Valley Bank (SVB), analysts at Bloomberg Intelligence have calculated. “After the collaps...

Rosbank, which changed ownership and fell under sanctionsin 2022, reported financial results for the first time since the crisis began. He managed not to lose The net profit of Rosbank under IFRS in 2022 amounted to 4.9 billion rubles, having decreased by 75% compared to the result of 2021 (19.6 billion rubles), follows from the message of the credit institution received by RBC. The group's net in...

The Biden administration must find a buyer for the bankrupt SVB bank. The Treasury and the White House must also remove any regulatory hurdles to the immediate acquisition of the bank. США грозит кризис банковской системы, если администрации Джо Байдена не удастся спасти Silicon Valley Bank (SVB), пишет издание Axios. «Президенту Байдену угрожает катастрофический банковский кризис, если правительс...

On trading in other currencies, including the dollar, as well as their withdrawal by clients of the sanctionsThe EU does not affectbroker said Tinkoff Investments will suspend trading in euros from February 27, the broker said on his Telegram channel. “Euro withdrawals will be available. Euro trading will be suspended from ......

A year after the start of the special operation in Ukraine, the Russian economy is in better shape than predicted in the first months of hostilities and sanctions. In 2023, the economy may return to growth, The economic growth Russian GDP fell by 2.1% in 2022, which is incomparable with the pessimistic expectations of last spring. Household spending fell by 1.8% at constant prices, while investmen...

A year after the start of the special operation in Ukraine, the Russian economy is in better shape than predicted in the first months of hostilities and sanctions. In 2023, the economy may return to growth, The economic growth Russian GDP fell by 2.1% in 2022, which is incomparable with the pessimistic expectations of last spring. Household spending fell by 1.8% at constant prices, while investmen...

Deputy head of the Ministry of Finance Alexei Moiseev became a candidate for the post of CEO of ALROSA, sources told RBC. Its current leader is Sergei Ivanov, who fell under US sanctions a year ago. ,decided to go privateAlexey Moiseev Deputy Finance Minister Alexei Moiseev, who has been a member of the Supervisory Board of the world's largest diamond mining company ALROSA (ALRS) for almost five y...

EU negotiations on the tenth package of anti-Russian sanctions will continue on February 23. The main controversy concerns the ban on rubber, EU ambassadors again failed to agree on the tenth package of sanctions against Russia, negotiations will continue on February 23, Reuters writes, citing two diplomats. “There are several outstanding issues, including on rubber and reporting obligations,” one...

concerned about the observance of sanctions against Russia, Western countries will develop a tool to adjust the measures already taken,in order to prevent "complicity" in Moscow and circumvention of restrictions The G7 countries (G7: USA, UK, Germany, France, Italy, Japan) are planning to create a new tool for coordinating the application of sanctions imposed against Russia, this will be done to i...

South Ossetian President Gagloev's talks with Russian leader Putin have been postponed until a later date.reported PeskovAlan GagloevAlan GagloevAlan Gagloev The meeting of the President of South Ossetia Alan Gagloev with his Russian counterpart Vladimir Putin was postponed due to a positive test for coronavirus in the South Ossetian leader, press secretary of the head of state Dmitry Peskov said,...

The police claim that the vessel under the Liberian flag, detained in the port of Durres, was carrying 22.5 thousand tons of smuggled oil from Russia,taken on board from another tanker in a Greek port Albanian police have detained a Liberian-flagged tanker that authorities believe was carrying Russian oil in violation of sanctions imposed by the European Union and the United States . This is state...

Decision, about which Vladimir Putinannounced the day before in the course of a message to the Federal Assembly,must now be approved by the Federation Council The State Duma at a plenary session adopted a law introduced by President Vladimir Putin to suspend Russia's participation in the strategic offensive arms treaty. The text of the document says that the decision on the resumption of the count...

The Director General of the Red Cross noted that the donors of most humanitarian organizations, including the ICRC, are more supportive of Ukraine than other poor countries.He called the current situation a new reality. Support for Ukraine from various humanitarian donors is at a high level, while other regions, including African countries, are experiencing a constant problem of underfunding. Robe...

In Munich, Western leaders unsuccessfully tried to convince the "global south" of the threat posed by Russia, writes FT. The newspaper notes Western leaders used the meeting of world elites in Munich to prove that the conflict in Ukraine poses a threat to the entire world community, and not just to Europe, writes the Financial Times (FT). Nevertheless, the countries of the "global south", which th...

and NATO countries, writes Bloomberg,will focus on preventing the circumvention of sanctions and the provision of support to Russia by third countries Joe Biden The administration of US President Joe Biden plans to tighten export controls and impose new sanctions on Russia by the anniversary of the start of military operations in Ukraine, writes Bloomberg. The new restrictive measures will affect ...

by accusing Russia of crimes against humanitytrying to justify their own actions to foment the conflict in Ukraine, primarily the militarization of the country,said Ambassador AntonovRussian Ambassador to the United States Anatoly Antonov США пытаются оправдать свои действия по разжиганию кризиса на Украине, прежде всего милитаризацию киевского режима, за счет обвинений России в преступлениях прот...

More than €5 billion of assets of the Central Bank, sanctioned companies and people were blocked in German banks. According to Bloomberg, the parties of the republic are generally ready to approve the transfer of funds to Ukraine, Germany, as part of restrictive measures against Russia, blocked €5.32 billion during the year of the conflict in Ukraine, this amount includes the assets of the Central...

Central and Southeast Asia are leading the rise in direct and indirect energy costs for private consumers, a study published in Nature Energy found.Latin Americans hit the hardest by the crisis The global energy crisis, which began amid the conflict in Ukraine, has raised the cost of living around the world, potentially pushing between 74 million and 141 million people into extreme poverty, accord...

Didier Reinders The European Commission (EC) has frozen Russian assets in Europe in the amount of €21.5 billion, European Commissioner for Justice Didier Reynders said, Interfax Ukraine reports. “We had the opportunity to freeze €21.5 billion of assets of Russian oligarchs and organizations included in the sanctions list,” Reynders said. He noted that the European Commission will continue to work ...

Alan Esteves Sanctions against Russia and export restrictions imposed because of the military operation in Ukraine will not take effect immediately, but over time, said Alan Esteves, deputy secretary of commerce for industry and security. “This is not a guillotine,” he explained (quoted by Reuters). Export controls are phasing out supplies that Russia could use "to rebuild its war machine," the of...

Ingka Group began searching for a buyer for more than 2 million sq. m. m of real estate in Russia, including Mega shopping centers and IKEA store areas. The Swedish Ingka Group, which owns the IKEA chain of furniture and household goods stores and Mega shopping centers, has begun looking for buyers for its real estate in Russia. This was told to RBC by a source in the retail market, two sources in...

The EU considered the possibility of imposing sanctionsagainst individual employees of Rosatom, and not the entire state corporation, in order to circumvent a possible veto by Hungary,but abandoned this idea The European Commission will not include restrictions on the country's nuclear industry and its participants in the new package of sanctions against Russia, Politico reports citing three diplo...

Imports of Russian oil to EU countries have already decreased by 90%, EU Energy Commissioner Kadri Simson said on her Twitter (the social network was blocked at the request of the Prosecutor General's Office). “Thanks to our collective efforts and in solidarity with Ukraine, the European Union stopped importing coal from Russia, eliminated imports of Russian oil by 9......

The list may also include flush cisterns, LEDs,bricks and tires The EU, as part of the tenth package of anti-Russian sanctions, may ban the export to Russia of “bidets, toilet bowls, flush cisterns and similar sanitary products,” EUobserver reports, citing draft documents. The main goal of the trade embargo is to stop the sale of high-tech goods that can be used in Russian weapons syst...

The need for Russian-made synthetic rubber did not allow the ambassadors of the EU countries to agree on the 10th package of sanctions on February 15,newspaper writesRubber plant in Russia EU ambassadors were unable to agree on February 15 a new package of sanctions against Russia because of the need for synthetic rubber. This is reported by Politico, citing sources. The tenth package of sanctions...

The fact that Russian banks, including Tinkoff, may be included in the new EU sanctions package, became known last night. Reuters found out The European Commission (EC) has proposed to EU countries to exclude four more Russian banks, including Alfa-Bank, Tinkoff Bank and Rosbank, from the SWIFT global messaging system, Reuters reports citing diplomatic sources. The agency does not name the fourth ...

Today there is no legal basis for the confiscation of private Russian assets that have been frozen in Switzerland. At the same time, Bern is monitoring the situation with the confiscation of the assets of the Central Bank of Russia in the EU countries, The Swiss Ministry of Justice sees no legal basis for the transfer of frozen private Russian assets to Ukraine, according to the website of the cou...