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Economics from PionerProdukt

 
  • The Ministry of Finance said it was ready to settle the “default” on interest for $1.9 million
    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......
  • FT learned about the condition of Saudi Arabia to increase oil production
    Saudi Arabia will increase oil production only if there is a significant reduction in production in Russia. At the same time, the leadership of the Kingdom, according to FT sources, believes Saudi Arabia is ready to increase oil production if Russian production drops significantly due to Western sanctions imposed on it. This is with reference to five sources familiar with the discussion, according...
  • Bloomberg learned about Hungary's demand to exclude the head of the Russian Orthodox Church from sanctions
    Hungary after the conditions on the oil embargo again delays the adoption of the sixth package of EU sanctions with the demand not to impose restrictions on Patriarch Kirill, Bloomberg learned.Budapest explained this as a matter of religious freedom Patriarch Kirill Hungary has demanded that Patriarch Kirill of Moscow and All Rus' be removed from the proposed sanctions list, Bloomberg sources fami...
  • Default Insurance Regulator Recognized Russia's "Non-Payment" on Eurobonds
    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...
  • Biden allowed the continuation of purchases of Russian oil at prices below the market
    According to Biden, due to a sharp increase in US fuel pricestogether with allies are considering the possibility of not completely abandoning Russian oil,but buy it at a price below the market The United States is discussing with allies the possibility of buying Russian oil at below market prices instead of not importing it. This was stated by US President Joe Biden , the broadcast was hosted by ...
  • Why the ban on insurance of tankers with Russian oil is dangerous
    The EU, in addition to the decision on the oil embargo, agreed with London on a ban on insuring the transport of fuel from Russia. This measure can hinder the supply of Russian oil to third countries. RBC figured out The European Union agreed with the UK to strengthen the European embargo on the import of Russian oil by banning insurance on the transportation of Russian fuel around the world. This...
  • The Federal Tax Service extended the moratorium on blocking accounts of debtors
    The Federal Tax Service decided to extend the ban on blocking the accounts of companies with debts for a month. The moratorium will be valid until July 1, and after its expiration, the debtors will have another two weeks before the suspension of operations, The Federal Tax Service (FTS) extended until July 1 its moratorium on decisions to suspend operations on bank accounts when collecting funds f...
  • Co-owner of Vnukovo - RBC: "There is nowhere to fly from Moscow"
    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...
  • Peskov warned about the lack of freedom of Europe from the negative effect of its sanctions Russia
    will reorient its supplies to alternative directions, which will minimize the consequences of the oil embargo. But the ban will affect the entire European continent, Europe is “not free” from the negative effect of its sanctions against Russia, it will have to “survive it all,” Russian Presidential Press Secretary Dmitry Peskov told reporters. “These sanctions , of course, will have a negative imp...
  • The President of Senegal announced problems with the purchase of grain from Russia
    Western sanctions against Russian banks, in particular the shutdown of the SWIFT system, have made it difficult or impossible to buy grain from Russia to solve the food crisis. This was stated by the President of Senegal, the head of the African Union, Maxi Sall, at a conference with EU leaders, writes the Financial Times. “Our countries are very concerned about the side effects of disruptions cau...
  • The range of washing powders in stores decreased by a third
    The choice of goods in stores is becoming less and less diverse: in spring, the assortment of household chemicals was reduced by almost a quarter, only washing powders - by a third. Imports are decreasing In March-April 2022, the assortment of household chemicals and personal care products was sharply reduced in stores, follows from the results of the retail audit of the NielsenIQ research company...
  • Zakharova called infernal plans for sanctions against Patriarch Kirill
    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...
  • Co-owner of Vnukovo - RBC: "People have moved to the railway and buses"
    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...
  • New sanctions: what share of Russia's foreign trade has come under restrictions
    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...
  • NYT learned of doubts in the United States about the confiscation of Russian assets
    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...
  • U.S. offers companies 'letters of guarantee' to export grain from Russia
    Exporting companies and insurers are 'a little nervous' about being sanctioned for participating in Russian grain and fertilizer exports, U.S. envoy saidat the UN Linda Thomas-Greenfield The United States is ready to provide guarantees to exporting companies and insurers who fear possible sanctions due to participation in the export of Russian grain and fertilizers. US Ambassador to the UN Linda T...
  • Germany's main gas importer paid Gazprom under a new scheme
    The German concern Uniper announced the first payment for gas under the new scheme proposed by Moscow. Previously, the company said The German concern Uniper, the main importer of Russian gas in Germany, made the first payment to Gazprom under the new scheme. About it with reference to the message of the company reports Reuters. “Like other German and European companies, Uniper has changed the way...
  • Polish PM calls for ban on third countries buying oil from Russia
    EU may ban third countries from buying oilat Russia.This was stated by Polish Prime Minister Mateusz Morawiecki following the EU summit. Members of the European Union want to ban third countries from buying oil from Russia. This was stated by Prime Minister of Poland Mateusz Morawiecki at a press conference after the EU summit in Brussels. “Poland and more and more European Union countries are tal...
  • Milanovic said that "Putin will smile" in the event of a gas embargo
    According to the Croatian President, the sanctionsdo not work against Russia. At the same time, the Italian prime minister said All the sanctions that Western countries have so far imposed against Russia have not led to a weakening of the ruble and the Russian economy, said Croatian President Zoran Milanovic. “Introduce an embargo on gas from Russia. Why don't you enter? Unfortunately, the sanctio...
  • FT learned about EU plans to impose duties on Russian oil because of Hungary
    According to the FT source, EU members will agree on tariffs if Hungary does not agree to set a clear deadline for refusing to receive oil through the Druzhba pipeline.At the same time, for the introduction of duties, there will be no need for the consent of all EU members. The European Commission (EC) will propose to impose duties on Russian oil if EU members fail to agree on the timing of the te...
  • WSJ learned of EU plans to ban insurance for tankers with oil from Russia
    According to the WSJ, this will prevent Russia from selling its oilin Asia, since European companies insure almost all of the world's supplies of this fuel.On May 30, the EU, after a month and a half of discussions, agreed on a ban on oil supplies by sea As part of the embargo on Russian oil, the EU will also ban insurance on tankers carrying it, diplomats and officials on condition of anonymity t...
  • The European Union agreed to a partial embargo on oil from Russia. What it means It
    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...
  • Sub-sanctioned companies will be allowed to temporarily not elect the board of directors
    Prime Minister Mikhail Mishustin proposed a ten-point plan in the face of sanctions pressure. Among them is a proposal to allow companies subject to sanctions,temporarily not elect the board of directors Mikhail Mishustin Sanctioned Russian companies will have the right not to elect the board of directors. This was announced at a government meeting by Prime Minister Mikhail Mishustin, the broadcas...
  • Belgian PM says EU needs to pause sanctions against Russia
    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...
  • Bloomberg learned about the closure of Renaissance Capital in London and New York
    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...
  • Canada imposed sanctions against Kabaeva and Rosselkhozbank
    Investtorgbank and the management companies of the Russian Direct Investment Fund and the Russian Venture Company Alina Kabaeva were also subject to restrictions. Canada has expanded anti-Russian sanctions to include 22 individuals and four legal entities, the country's government said in a statement. From the sanctions list on the website of the government of the country, it follows that the rest...
  • Bulgaria will receive a delay on the embargo on Russian oil until 2025
    Bulgaria has achieved a reprieve on the EU embargo on Russian oil supplies and continue to use it until the end of 2024, Prime Minister Kiril Petkov said at a briefing before the start of the second day of the EU summit in Brussels, BNT 1 TV channel reports. According to Petkov, this exception will be spelled out in the final opinion of the Council of Europe, which will be released in two or three...
  • Medvedev said that sanctions are based on hatred of Russia and Russians
    Dmitry Medvedev The goal of the authors of anti-Russian sanctions is not the leadership of the country or business, they are directed specifically against the people of Russia, Dmitry Medvedev, deputy head of the Russian Security Council, wrote on Telegram. “They hate us all! At the heart of these decisions is hatred for Russia - for Russians, for all its inhabitants, ”he said. Dietary supplements...
  • Bloomberg calculated Russia's losses from the partial EU oil embargo The EU
    has agreed on a partial embargo on Russian oil supplies. According to Bloomberg estimates, Russiacould lose about $10 billion from the ban on offshore oil exports,another $ 12 billion - from the cessation of supplies on the northern branch of "Friendship" Russia's losses due to the EU-agreed partial embargo on Russian oil will amount to about $22 billion a year, Bloomberg calculated. According to ...
  • The Ministry of Foreign Affairs pointed to the lack of common sense in the policy of the European Union
    View of the building of the Russian Foreign Ministry The European Union's policy towards Russia is sorely lacking in common sense, for this reason European enterprises have already suffered multi-billion dollar losses, said Evgeny Ivanov, deputy head of the Russian Foreign Ministry, in an interview with RIA Novosti. “The policy of the European Union in the Russian direction is experiencing an acut...