Reuters, citing sources, previously reported that London did not invite Russian representatives to the funeral of Elizabeth II. The Russian embassy responded by saying Russian officials did not plan to participate in protocol events in connection with the death of Queen Elizabeth II of Great Britain due to the poor state of relations between Moscow and London. This was reported to RBC at the Russi...
The EU failed to agree on a price ceiling for Russian gas. Instead, the EU could propose an additional tax on energy companies, or a "solidarity contribution" The European Union will not impose a ceiling on Russian gas prices, but will advocate for an additional tax on the excess profits of energy companies, citing a draft European Commission regulation, The Guardian reported. According to the pub...
The Prime Minister gave the relevant instructions to the Ministry of Finance and the Ministry of Economic Development.The deadline for submitting proposals to the government is March 31, 2023 Prime Minister Mikhail Mishustin instructed the Ministry of Finance and the Ministry of Economic Development, with the participation of the Central Bank, to develop mechanisms to stimulate and encourage the f...
owned companies increased purchases of goods and services, the cost of which was affected by sanctions. Thus, the number of contracts for the repair of machinery and equipment increased by 70%. Customers try to buy at the old prices, State-owned companies began to purchase goods and services more often, the cost of which could be affected by sanctions restrictions. In the first half of 2......
To save ink on product packaging, it would be possible not to write part of the information about it - the place of production or an indication of the location of expiration dates, Rosstandart believes.This proposal was previously made by the business On product labels, information about the place of production of the goods, as well as indications of where exactly on the product its expiration dat...
The Turkish authorities asked Ukraine to explain the calls for sanctions against Turkish businessmen and banks, which are posted on a website affiliated with the Foreign Ministry. The Aydinlik newspaper writes about this, citing diplomatic sources. “A question was addressed to the Ambassador of Ukraine in Ankara. We clearly stated what our reaction would be and what exactly we expect in this conte...
do not depend on energy supplies from Russia, but admit that Europe may change its attitude towards sanctions against Moscow because of the energy crisis, the sources told CNN. The White House reported The population of Europe may change its attitude towards sanctions against Russia as electricity prices rise and winter approaches, the US authorities consider the risk of such a development the sit...
tankers for oil transportation in winter Mostly they were bought by companies from China., Turkey and UAE,follows from the data of the British ship broker In anticipation of the embargo on Russian oil, oil tanker owners have become more likely to purchase vessels that can carry cargo in icy waters, Bloomberg reported, citing data from British ship broker EA Gibson Shipbrokers. According to the com...
Paris is implementing the decision of the European Council, which previously suspended the visa facilitation with Russia. Under the new rules, the visa fee will increase from €35 to €80, France will continue to issue short-term visas to Russians, but at the same time it will increase fees and terms for processing requests, according to a statement on the website of the republic's embassy in Russia...
The corresponding agreement was signed by the head of the Emirates, Sheikh Mohammed bin Zayed, and Serbian President Aleksandar Vucic, who is in the UAE on a state visit.The interest rate on the loan will be 3% per annumAlexander VucicAlexander VucicAlexander VucicAlexander VucicAlexander Vucic Serbian President Aleksandar Vucic signed an agreement to provide Belgrade with a $1 billion loan at 3% ...
Vladimir Chizhov EU countries have gone too far with sanctions against Russia and cannot back down. This was stated by Russia's Permanent Representative to the EU Vladimir Chizhov at a press conference in Brussels, TASS reports. Chizhov will soon leave Belgium in connection with the completion of his “business trip” and return to Russia. He served as Permanent Representative for 17 years, since Ju...
According to Putin, Russiaconfidently copes with external pressure and "financial and technological aggression",including promptly implementing protective measures Vladimir Putin The “economic blitzkrieg” tactic that the Western countries tried to implement against Russia did not work, President Vladimir Putin said at a meeting with government members on economic issues. “I want to emphasize again...
Federal budget revenues fell for the second month in a row in annual terms - in August by 11% after 26% in July, the Ministry of Finance disclosed. Decreased as oil and gas revenues, Federal budget revenues in August 2022 decreased by about 11% in nominal terms compared to August 2021 (to 1.83 trillion rubles), follows from the data disclosed on September 12 by the Ministry of Finance and RBC's ca...
Revenue restrictions may include solar, geothermal, nuclear and some hydroelectric power plants. The European Commission plans to spend all windfall profits on helping consumers, The European Commission (EC) has developed a plan to introduce capped income for power plants that do not run on gas, including solar, geothermal, nuclear and some hydroelectric power plants. This is reported by Reuters w...
introduce a ceiling on Russian oil prices . USAdiscussed this initiative with India, which statedthat carefully study itRussia has offered India to supply oil at lower prices on the condition that New Delhi refuses to support the initiative of the G7 countries to set marginal oil prices, the Indian newspaper Business Standard writes, citing unnamed officials and the Indian Foreign Ministry. Accor...
The former head of the Austrian Foreign Ministry criticized the European policy of the last 20 years and said,that the market is 'very skewed' due to the leadership of renewable energy ideasKarin KneisslKarin KneisslKarin KneisslKarin KneisslKarin KneisslKarin KneisslKarin KneisslKarin KneisslKarin Kneissl The crisis in the electric power industry in Europe began in 2......
US Secretary of State Anthony Blinken discussed with the head of the European Commission (EC) Ursula von der Leyen further support for Ukraine and new restrictive measures against Russia, State Department spokesman Ned Price said. In particular, Blinken and von der Leyen discussed "continuing coordination of efforts to hold Russia accountable for military actions in Ukraine", as well as energy sec...
The revision of logistics and payment schemes has complicated deliveries, which creates risks for a stable supply of patients, the fund said. They proposed that the UN adopt a resolution In Russia, patients who need uninterrupted therapy and a stable supply of medicines may face serious risks due to the increase in delivery times amid Western sanctions. This was reported to TASS in the press servi...
American companies will be allowed to ship Russian oil if they buy it at or below the maximum price The Office of Foreign Assets Control (OFAC) of the US Treasury has published preliminary guidance on the application of cap prices for Russian oil . It follows from it that those who buy Russian oil at prices above prohibitive prices may fall under US sanctions and penalties. Their level has not yet...
will continue to work on restrictive measures, Jim O', head of the State Department's Office for Sanctions Coordination, said during a briefing.Brian The United States will continue to impose sanctions against Russian citizens who support the policies of the Russian authorities. Jim O'Brien, head of the US Department of State's Office for the Coordination of Sanctions, said this during a briefing....
In Europe, a climate and resource crisis has come, and the “period of abundance” has ended,French President Macron said In France and Europe as a whole, the “period of abundance and carelessness” has ended, French leader Emmanuel Macron said at the opening of the Council of Ministers meeting. He urged the French to rally to resolve crises. “I think what we are going through right now is a kind of ...
VTB this year will record a loss that will exceed the loss of 2009, said the head of the bank Andrey Kostin. Then the negative result amounted to almost ₽60 billion. According to the results of the first half of 2022, VTB recorded a significant loss. By the end of the year, it will exceed the losses incurred in the whole of 2......
To adapt to the current situation, Russia needs to remove regulatory barriers and create a comfortable environment for business, Rotenberg believes. In his opinion, The Russian economy can adapt to the current crisis, for this it is necessary to remove the regulatory barriers that stand in the way of business. This was stated to RBC by businessman Arkady Rotenberg at the Eastern Economic Forum (EE...
The ban on entry into the European Union through its territory for Russians with Schengen visas from the Baltic countries was agreed the day before. Exceptions will apply to truck drivers, diplomats and those Poland will join the ban on the entry of Russians, which was introduced by the Baltic countries. This is with reference to the statement of the Polish government reports Reuters. On September...
The "toxic" dollar and euro should be exchanged primarily for rubles and "invest in yourself," said Maxim Oreshkin, aide to the president. At the same time, a country can be attractive for investment even with a considerable budget deficit, “The dollar and the euro should be exchanged for rubles and not for other currencies,” said Russian presidential aide Maxim Oreshkin during a discussion at the...
11 thousand sanctions were imposed against Russia, but they turned out to be ineffective and only harmed Europe itself. According to Orban, the shortage of electricity and rising inflation caused by the sanctions Europe could be brought to its knees by inflation and energy shortages caused by anti-Russian sanctions, Hungarian Prime Minister Viktor Orban has said, Hirado reports. “Currently, there ...
Washington believes that Iranian Safiran Airport Services was involved in the transfer of drones to Russia for use in Ukraine. Russiadenied intention to buy Iranian drones The US has imposed sanctions on Iran's Safiran Airport Services, an air transportation company that Washington believes is supplying drones to Russia. Moscow is using them in a military operation in Ukraine, the US authorities b...
The co-founder of Alfa Group and the LetterOne holding offered to transfer $1 billion to the Ukrainian Alfa-Bank, counting on the lifting of British sanctions, writes WSJ. The businessman himself denies Russian businessman Mikhail Fridman, co-founder of Alfa Group and LetterOne holding, offered to transfer $1 billion to Ukrainian Alfa Bank, The Wall Street Journal writes. According to the publicat...
Lithuanian Foreign Minister Landsbergis said that the border guards have every right to be interested in the position of the Russians regarding Russia's actions in Ukraine.He suggested allowing Russians to cross the border only after “condemnation of aggression” Citizens of Russia intending to cross the border of Lithuania, in order to be admitted to the Baltic countries, will have to speak out ag...
According to the agency, the Sakhalin-2 operator offers buyers to pay for LNG in a currency other than the dollar,since when paying in dollars, difficulties may arise due to anti-Russian sanctions The operator of the liquefied natural gas (LNG) plant Sakhalin-2 offers its customers to pay for fuel supplies in a currency other than the dollar, including in rubles, if there are problems with paying ...