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Economics from PionerProdukt

 
  • Putin instructed to give preferential loans when replacing foreign companies
    President Vladimir Putin instructed the government to consider providing soft loans to small businesses operating on a franchising model that will replace foreign firms that have left the Russian market. This is stated on the Kremlin website. For them, they can subsidize the interest rate on loans provided to them to acquire a franchise and develop their business to “replace foreign companies” tha...
  • Sub-sanctioned TKB will ask the US for a license to work with Asian banks
    Transcapitalbank after falling under US sanctions lost the opportunity to make settlements with banks from Central Asia. The US has already allowed him to service banks in Afghanistan, Transcapitalbank, which was sanctioned in April, plans to apply to the US Treasury Department to obtain separate licenses to continue working with banks in Central Asia, Mongolia and the Transcaucasian republics. Th...
  • The Ministry of Finance has developed a concept of new budget rules
    The Ministry of Finance has prepared proposals for new budget rules, said the head of the department, Anton Siluanov. According to him, the challenge is The Ministry of Finance has proposals for new budget rules, they are being worked out, Finance Minister Anton Siluanov told reporters. “Our task as the Ministry of Finance is to determine the volume of oil and gas revenues in such a way as to mini...
  • Siluanov allowed a drop in oil production in Russia by 17%
    The Ministry of Finance predicts a decline in oil productionin Russia by 17% in 2022 if European countries refuse it. Earlier, the EU announced the preparation of the sixth package of sanctions, which will affect oil imports, Russian oil production this year may fall by 17%, the further fate of energy sales from Russia is still difficult to predict, Finance Minister Anton Siluanov told reporters. ...
  • Bloomberg learned about 4 EU countries that agreed to pay for gas in a new way
    According to a Bloomberg source, four European companies have already paid for gas supplies from Russia in rubles. Ten more countries have opened special accounts with Gazprombank. Ten European buyers have already opened special accounts with Gazprombank to pay for Russian gas supplies in rubles, Bloomberg reports citing a source close to Gazprom. According to him, four European companies have alr...
  • Russia has imposed sanctions against nearly 300 British MPs
    Russian sanctions have come in response to restrictions imposed by London on hundreds of companies and individuals from Russia. Britain has been increasing sanctions pressure on Russia since the end of February, Russiaresponds to it with its own sanctions Россия ввела санкции против 287 из 650 членов палаты общин британского парламента, говорится в сообщении российского МИДа. В ведомстве уточнили,...
  • Putin vowed more business freedom for clumsy attempts to isolate Russia
    During his speech at the Federation Council, the President urged to work directly with business, NGOs and labor collectives, helping them solve problems Vladimir Putin Russia will pursue a policy of greater openness and greater freedom of business in response to "clumsy" attempts to isolate the country, President Vladimir Putin said during a speech at the Federation Council. The broadcast was on Y...
  • The government introduced the concept of new budget rules
    The Ministry of Finance has prepared proposals for new budget rules, said the head of the department, Anton Siluanov. According to him, the challenge is The Ministry of Finance has proposals for new budget rules, and they are already being considered by the government, Finance Minister Anton Siluanov told reporters. “Our task as the Ministry of Finance is to determine the volume of oil and gas rev...
  • In Canada, they developed a bill to sell the assets that
    fell under the sanctionsindividuals and organizations Melanie Joly The Canadian government intends to amend the legislation to be able to sell the confiscated assets of sanctioned individuals, according to the local edition of the National Post. “We are looking at opportunities not only to freeze, but also to seize the assets of authorized individuals and entities in order to allow us to pay compe...
  • Khusnullin announced the possibility of the return of foreign companies to Russia
    Companies that have left Russia will return to the country because they "want to earn money," said Deputy Prime Minister Marat Khusnullin. Partnerships with foreign businesses have evolved over decades, and “people don’t want to lose them” 00:00 Advertisement 00:00 00:00 / 00:00 You can skip ads through More VideoMore VideoMore Video Most of the foreign companies that stopped doing business in Rus...
  • Experts estimate the number of zombie companies in Russia for the first time
    NKR and Rescore experts estimate the number of Russian companies, almost all of whose profits go to debt service Experts of the NKR rating agency, together with Rescore, for the first time calculated how many zombie companies in Russia are businesses that barely have enough profit to service their debts. It turned out, At the end of the pandemic 2......
  • Reuters reported problems with the transportation of Russian oil in India
    According to the agency's sources, the Indian state-owned company is unable to find a ship to transport oil to send it to buyers.Problems are related, among other things, to difficulties in insuring ships due to sanctions Indian Oil and Natural Gas Corp (ONGC) cannot find a ship to transport 700,000 barrels of Russian oil from the Far East, Reuters writes, citing sources. To transport oil , you ne...
  • Schneider Electric will sell Russian assets to management
    Russia accounts for up to 2% of Schneider Electric's total revenues.Earlier, the company suspended investments and deliveries to Russia and Belarus The French Schneider Electric announced that it intends to sell its Russian assets to local management, having previously agreed the deal with the Russian authorities. This is stated in the message on the company's website. “After a thorough review of ...
  • Uzbekistan refuses to compete with Russia in foreign gold markets
    Uzbekistan does not intend to replace Russian gold in foreign markets, Deputy Minister of Investment and Foreign Trade of the country Shukhrat Vafayev told RBC. In 2021 Uzbekistan and Russiawere among the world leaders in the export of precious metals Uzbekistan does not plan to compete with Russia in the external gold markets. Shukhrat Vafaev, Deputy Minister of Investments and Foreign Trade of t...
  • Experts assessed the threat of sanctions for the digital transformation of Russia
    Over the past few years, the Russian IT sector has been growing at a faster pace, but its dependence on imports has also grown. Under the sanctions, this dependence jeopardizes the plans for digital transformation in the country, Economic sanctions imposed on Russia , including restrictions on the supply of high-tech products and the temporary cessation of activities in the Russian market of many ...
  • Logistics company UPS announced the suspension of work in Russia
    UPS, which suspended the delivery and shipment of goods to Russia and Ukraine at the end of February,decided to suspend commercial activities in the region The American logistics company UPS announced the suspension of commercial activities in Russia and Belarus, as well as in Ukraine, according to a service announcement on the company's website. "UPS continues to monitor the situation closely," t...
  • Poland imposed sanctions against Gazprom, 1C and Wildberries
    Businessmen, including Oleg Deripaska, Evgeny Kaspersky and the founder of Wildberries Tatiana Bakalchuk, were included in the first sanctions list of Warsaw since the beginning of the special operation.Previously, the Polish authorities declared the ineffectiveness of sanctions The Ministry of Internal Affairs of Poland imposed sanctions against Russian individuals and legal entities. There are 5...
  • Bolton saw the danger for Russia to become a raw material appendage of China
    Russia's long-term stability is under threat due to rapprochement with China, according to Trump's former national security adviser John Bolton. Beijing's ambitions will grow, and to Moscow, Chinawill be referred to as John Bolton's "younger brother" As it draws closer to China , Russia may find itself in the situation of Beijing's raw materials appendage. This opinion was expressed in an intervie...
  • Poland imposed sanctions against Gazprom, Novatek and Wildberries
    The Ministry of Internal Affairs of Poland imposed sanctions against Russian individuals and legal entities. There are 50 items on the sanctions list, including businessmen: Oleg Deripaska; Wildberries founder Tatiana Bakalchuk; co-owner of Alfa Group Mikhail Fridman; Mikhail Gutseriev, founder of the Safmar group, and his brother Sait-Salam Gutseriev: Vyacheslav Kantor, the largest shareholder of...
  • The Ambassador called the blocking of Russian accounts in US banks a theft
    Huge amounts of funds are frozen in American banks, Anatoly Antonov said. According to him, by blocking Russian accounts, the United Statesundermined their confidence The United States has undermined its credibility as a negotiable country by freezing Russian funds in American banks, Russian Ambassador to the United States Anatoly Antonov said on the Russia 24 TV channel. Earlier, Assistant to the...
  • Reuters learned that European countries have resumed oil purchases from the UAE
    In early May, 1 million barrels of oil will be delivered to Britain. oil from the UAE. The last time the country sent raw materials to Europe was in May 2020. French oil and gas company TotalEnergies has chartered a tanker to deliver crude oil from the United Arab Emirates to Europe, Reuters reports citing traders. The company's shipping division, CSSSA, has hired the tanker Moscow Spirit to ship ...
  • Kommersant learned about the reduction of Volvo and Jaguar Land Rover staff in Russia
    According to one source, companies are cutting 80% of their staff, not including administrative staff. The source of the newspaper says that Volvo will continue to provide service for its cars, there is no such clarity about Jaguar Land Rover Volvo Cars and Jaguar Land Rover are cutting the number of their Russian employees, Kommersant reports, citing sources. According to one of them, Jaguar Land...
  • The volume of investments in startups in the first quarter increased by 27%
    In the first quarter, geopolitical events have not yet had an impact on the Russian venture capital market, but by the end of the year, its volume is expected to fall by 2-3 times. The main buyers of startups took a break, The volume of venture investments in Russian projects in the first quarter of 2......
  • Every tenth company refused to work with scarce components
    Almost half of small and medium-sized businesses in Russia use foreign components for production or provision of services,hardware and software Every tenth Russian entrepreneur decided to abandon the production or provision of services that require foreign components that are in short supply or missing from the market, follows from the results of a survey by the NAFI analytical center (available f...
  • Lithuania proposes EU to impose sanctions against Patriarch Kirill
    The head of the Lithuanian Foreign Ministry said that the proposal was caused by the position of the patriarch in relation to the military operation in Ukraine. So far, the issue is being discussed and he does not know "whether it can be done." Lithuania offers the European Union to include Patriarch of Moscow and All Rus' Kirill in the sanctions lists because, according to Vilnius, he supports th...
  • In Kyiv allowed the use of frozen assets of Russia
    Kyiv is negotiating with Western countries about the possibility of obtaining the frozen assets of Russia in order to spend them on the restoration of Ukraine,Prime Minister Denys Shmyhal Denys Shmyhal said Ukraine is in talks with the United States and other Western partners about the possible use of frozen Russian assets to rebuild the country, Ukrainian Prime Minister Denys Shmyhal said in an i...
  • 8,000 luxury cars for Russia stuck in Belgium due to sanctions
    Cars, including the latest Lexus, Cadillac and Mercedes models, have been in the Belgian port since early April.They cannot go to Russia due to the ban on the supply of luxury goods In the Belgian port of Zeebrugge, about 8,000 luxury cars were blocked, which were intended for shipment to Russia, according to The Wall Street Journal. The vehicles, including the latest Lexus, Cadillac and Mercedes,...
  • 24.02 - 24.04. Infographics
    What happened in Russia and the world during the two months of the military operation in Ukraine - in RBC infographics * Special military operation in Ukraine On March 30, the Ministry of Defense announced a "planned regrouping of troops in the Kiev and Chernihiv directions." The agency called the purpose of this regrouping the intensification of actions in “priority areas and the completion of th...
  • Bloomberg learned about Germany's plans to increase loans to €140 billion due to sanctions
    Germany will need additional funds to mitigate the consequences of anti-Russian sanctions and military operations in Ukraine for the German economy Germany will increase planned loans by almost €40 billion this year in order to mitigate the consequences of the military operation in Ukraine and anti-Russian sanctions on its economy, Bloomberg writes, citing sources. After that, Germany's net debt w...
  • Schroeder found it impossible to isolate Russia in the long term
    Former German Chancellor Gerhard Schroeder said that after the completion of the special operation in Ukraine, the West will again have to interact with Moscow. According to him, a country like Russia,it is impossible to isolate Gerhard Schroeder for long Russia cannot be isolated in the long run, German industry needs Russian resources. This was stated by former German Chancellor Gerhard Schroede...