Economics from PionerProdukt

Welt reported 30 cases of Russian private aircraft using EU airspace, despite the sanctions . US Department of Justicepreviously saw attempts to make it difficult to arrest aircraft by reissuing to other jurisdictions Private jets and helicopters of Russian "oligarchs" fly over the territory of the European Union despite the sanctions, Welt am Sonntag writes, citing its own study of open data on f...

JPMorgan Chase and Goldman Sachs will not conduct operations on Russian debt obligations after a corresponding instruction from the US Treasurywrites Bloomberg.In May, the agency did not renew the license to service the debt Major American banks JPMorgan Chase and Goldman Sachs have suspended operations with Russian debt after the US authorities banned the acquisition of these assets by American i...

For bankers, the world "will never be the same," says Andrey Kostin, head of VTB. In his opinion, It is hardly worth it for Russia to fully adhere to the Basel regulations - the regulatory standards developed by the Basel Committee on Banking Supervision, which the Russian Central Bank also adheres to. This opinion was expressed in a column for RBC by the head of VTB Andrey Kostin. However, the Ba...

Andrey Kostin The events of recent months have changed each of us and each of us in different dimensions. And of course, changes are inevitable in all key areas of our country's life. Over the 30 years of the existence of modern Russia, certain tools and guidelines have appeared that have become familiar and convenient. And their loss should not throw us off balance. Today it is necessary to sober...

The current sanctions against Russia will be in effect for a long time, and the period of globalization is over, says the head of VTB Andrey Kostin. Russiareceived a "red card" in the world market,he wrote in a column for RBC Andrey Kostin The banking sector will need to continue devaluating balance sheets as the new sanctions imposed on Russia will take a long time to come into effect, VTB Bank C...

Washington, Berlin, Paris and other members of the G7 are developing an "increased" sanctions against Moscow, the State Department said. Earlier, the White House spoke about the development of a cap on the price of oilFrom Russia The American authorities, together with the governments of other G7 states (G7: Great Britain, Japan, France, Germany, Italy, Canada and the USA ), are developing new res...

Yury Borisov Russia will cooperate with Belarus for the development of electronic engineering, it is "impossible to master this direction alone." Deputy Prime Minister Yury Borisov spoke about this in an interview with RBC TV. “Even in the Soviet Union, Belarusian enterprises, in particular Planar, were actively engaged in electronic engineering. Now these ties are being restored, we are forming t...

The decision of international clothing brands to temporarily stop work in Russia, in fact, “de-energized” shopping centers, Emin Agalarov said in an interview with RBC. According to him, After the suspension of work in the Russian market of international fashion retailers, Crocus Group shopping centers have already lost up to 3......

Western countries did not impose preventive sanctionsagainst Russia against the backdrop of the threat of the outbreak of hostilities, as requested by the Ukrainian authorities, this allows us to say that Kyiv's partners did not want to hear him,considers Nikiforov Sergey Nikiforov The words of US President Joe Biden that his Ukrainian counterpart Vladimir Zelensky “did not want to hear” warnings ...

Despite Scholz's "strong" request to join sanctions against Russia, Serbia will not do so, Vučić said. Belgrade is sure Despite the position of German Chancellor Olaf Scholz and the European Union as a whole, Serbia does not intend to impose restrictive measures against Russia, as it does not consider such a policy to be effective, Serbian President Aleksandar Vucic said at a press conference, Reu...

Viacheslav Volodin The United States , imposing sanctions in connection with the Russian military operation in Ukraine, created the conditions for the formation of a "new G8" together with Russia, State Duma Speaker Vyacheslav Volodin said on Telegram. In addition to Russia, Volodin added China , India, Indonesia, Brazil, Mexico, Iran and Turkey to the "new big eight" . Referring to data from the ...

RNPK has become the key reinsurer of Russian tankers, Reuters reported. Earlier, the EU banned the insurance and reinsurance of shipping Russian oilto third countries and, according to the FT,agreed this ban with Britain The Russian National Reinsurance Company (RNRC) has become the main reinsurer for Russian vessels, including Sovcomflot tankers, following the imposition of Western sanctions, sou...

Negotiations on the gradual lifting of US sanctions on Venezuela began in March. According to Blinken, the sanctionswere introduced "not forever" and may be withdrawn in the pursuit of "restoring democracy" US Secretary of State Anthony Blinken The United States did not impose sanctions against Venezuela forever and can lift them if the country's authorities "do the right thing". This was announce...

So he commented on the report of the US Department of Labor, according to which consumer prices in the country rose in May by a record 8,6% Americans are being forced to pay a "Putin tax" on fuel and food, US President Joe Biden said in a speech following the release of May's inflation data, which was a record for more than 4......

The authorities planned to start issuing electronic passports as early as December 2021, but the deadlines have been shifted more than once. According to Forbes sources, The Ministry of Digital Development of Russia has suspended the project for issuing digital passports for an indefinite period, Forbes reports, citing sources involved in the development of the project. A Forbes source familiar wi...

Scholz asked Serbia to join EU sanctions against Russia. The country has the status of a candidate for EU membership. According to the Serbian newspaper Evening News, German Chancellor Olaf Scholz demanded that Serbia impose sanctions against Russia similar to those imposed by the European Union (Belgrade is not a member of the union). Serbian President Aleksandar Vučić announced this at a joint p...

Alfa Group co-founder Mikhail Fridman did not negotiate on obtaining Ukrainian citizenship and transferring assets to the country, Alfa told RBC.Mikhail Fridman, head of the Ukrainian anti-corruption agency, said the opposite in an interview. One of the richest people in Russia, co-founder of Alfa Group and the LetterOne holding, Mikhail Fridman, did not try to obtain Ukrainian citizenship and tra...

The deal to acquire a 10% stake in the Vostok Oil project in December 2020 was the largest for Trafigura in the history of the company. Now the oil trader intends to withdraw from the project, Oil trader Trafigura intends to withdraw from the Vostok Oil project, in which it acquired a 10% stake in 2......

The President of Ukraine signed a decree imposing sanctions on Vladimir Putin and Russian government ministers on June 9. Almost all rectors of Russian universities also fell under the restrictions. 00:00 Advertisement 00:00 00:00 / 00:00 You can skip ads through More VideoMore VideoMore Video Russia will not react to Ukrainian sanctions against Vladimir Putin and members of the Russian government...

In addition to approving a partial oil embargo and cutting off several banks from SWIFT, the Swiss authorities included “over 100 individuals and organizations” of Russia and Belarus on the sanctions list. Switzerland supported the sixth package of anti-Russian sanctions of the European Union, including a partial embargo on Russian oil supplies , according to the website of the Federal Council (go...

€4.5–7 billion remain blocked in NSD's foreign depositories, Frank Media sources estimated. Sanctionsagainst the national depository introduced on June 3;NRD then considered what was happening an emergency On the accounts of the Russian National Settlement Depository (NSD) in foreign depositories, €4.5-7 billion of funds from banks and investors from Russia remain frozen after the introduction of ...

The head of the department proposed to create a coalition that would unite many countries that impose sanctions against Russia. She is confident that this will increase the effectiveness of restrictive measures. In the cabinet they said It is necessary to create a coalition of states that impose sanctions against Russia, this will increase the effectiveness of restrictive measures, US Treasury Sec...

The Japanese authorities will impose a ban on the export to Russia of trucks, dump trucks, locomotives and other products that help strengthen industrial infrastructure.In May, Tokyo banned the supply of high-tech equipment Japan will ban the supply of dump trucks, bulldozers and trucks to Russia, this decision was made by the government of the country as part of the next package of sanctions, Min...

The largest geopolitical crisis in relations between Russia and the West will inevitably affect regional processes in Eurasia, the strategies of the leading players will change, but Beijing and Moscow have the same interests,experts say What is the crisis of Eurasia The largest geopolitical crisis in relations between Russia and the West will inevitably affect regional processes in Eurasia. Expert...

The Canadian authorities have frozen both the funds in the accounts and those that participated in the transactions. Now the country is discussing a bill that will allow not only to block, Since the beginning of the Russian operation in Ukraine and until June 7, Canada blocked 412.1 million Canadian dollars ($328.6 million) that were in Russian accounts or appeared in transactions involving person...

The fact of the transaction became known from a lawsuit filed by a disgruntled minority shareholder. In February, Otkritie was sanctioned , the parties claim that the sale took place before that At the beginning of this year, FC Otkritie sold a 90% stake in Tochka Bank, which provides services to small and medium-sized businesses, to Trust Bank, information about the transaction was confirmed by R...

Limitations regarding microelectronics are one of the most difficult topics and one of the main areas of impact on the economy. According to Putin, Vladimir Putin at a meeting with young entrepreneurs, engineers and scientists One of the main areas of the Russian economy, which Western countries sought to strike at the expense of sanctions, is microelectronics, Russian President Vladimir Putin sai...

The Moscow authorities will extend the delivery time under previously concluded contracts, adjust the requirements of the service contract and take a number of other measures to support Russian transport manufacturers in the face of sanctions. This was announced by Deputy Mayor of Moscow for Transport Maxim Liksutov. “Moscow is the main customer of Russian urban transport,” said the Vice Mayor. Ac...

Employees who did not condemn the special operation in Ukraine “should not be members of the BASF family,” the head of the concern believes. Publicly, a top manager opposed the ban on oil importsand gas from Russia. What is known about the departure of BASF, "None of these people should be a member of the BASF family," BASF chairman Martin Brudermüller said of those who support and do not condemn ...

Aleksey Overchuk The sanctions imposed on Russia did not lead to the expected decline in the economy, its growth continues, Deputy Prime Minister Alexei Overchuk said during the conference “Kazakhstan and Russia . Current areas of cooperation within the framework of the EAEU (Eurasian Economic Union. -), taking place in Nur-Sultan, TASS reports. “Thanks to the measures taken by the President of th...