The Ministry of Justice proposed to allow businesses to pay only half of the administrative fines if the money is paid promptly.The agency has developed this and other measures to support businesses in the face of sanctions The Ministry of Justice has developed amendments to the Code of Administrative Violations, which are designed to reduce the burden on business, TASS reports, citing a bill, the...
If the bill is passed, businesses will be able to terminate or “freeze” contracts. We are talking about cases A draft law has been submitted to the State Duma, which, if adopted, will allow businesses to terminate or “freeze” a contract if, due to sanctions, it cannot fulfill its obligations. The document was published in the electronic database of the lower house of parliament. As stated in the e...
Duty free shops are asking the government to support them and exempt them from airport rent.Due to sanctions and a reduction in the flow of passengers, they were "on the verge of survival" Opora Rossii, an all-Russian public organization for small and medium-sized businesses, plans to initiate a discussion in the government on the issue of supporting duty-free shops in the near future. This was to...
If the Finnish authorities confirm that the yachts belong to restricted Russian businessmen,this property will be subject to freezing Finnish customs have detained 21 yachts believed to be owned by Russian businessmen under sanctions , Helsingin Sanomat reported. If the customs office confirms that the yachts belong to the restricted persons, then the local authorities can move on to freezing the ...
The Russian division of the French bank BNP Paribas at the end of March will cease to carry out transactions of its corporate clients in Russia and develop business French banking group BNP Paribas has decided to suspend transactions in Russia amid anti-Russian sanctions, Bloomberg reports citing a company statement. The Russian division of the group will stop servicing from the end of March, the ...
Restrictive measures against Russia may lead to problems with the supply of high-temperature superconductors, in which the American CFS is interested.The company is working on the creation of a fusion reactor U.S. sanctions against Russia have jeopardized supplies for the U.S. private company Commonwealth Fusion Systems (CFS), which is developing a fusion reactor, according to the news site Axios....
The company said that paid coupons on bonds are blocked by a correspondent bank,and linked it to the UK sanctions against Roman Abramovich Bond coupons paid by Evraz were blocked by Societe Generale New York's correspondent bank, according to the steel company's website. Evraz made interest payments on a $7......
The head of the US State Department , Anthony Blinken, announced the introduction of restrictive measures against Chinese officials involved in "repressive acts" against national minorities, according to the department's website. “Today’s measure includes visa restrictions on PRC officials who we believe are responsible for policies or actions aimed at suppressing religious and spiritual practitio...
The American president indicated that the country's government is preparing for potential cyber threats from Russia in response to sanctions. The Russian Foreign Ministry previously reported In response to anti-Russian sanctions, Moscow may arrange cyber attacks, said US President Joe Biden during a round table with business representatives. The broadcast was posted on Twitter. According to the Am...
Banks in need of additional capitalization may need ₽3.5 trillion in a stress scenario, including ₽2.2 trillion from the state, CMASF experts calculated. According to them, More than a third of Russian banks in 2022–2023, due to the worsening economic situation, may experience difficulties with the size of their own capital - as a result, they may need additional capitalization. This is stated in ...
There will be no EU sanctions against Russia next week, but another package of measures will be considered at the EU summit, Borrell said. Earlier, he said that the ministers will discuss the issue of limiting oil supplies.from Russia Josep Borrell In the coming week, the EU countries will not introduce additional restrictive measures against Russia, the issue of new sanctions will be discussed at...
Phone scammers began to ask to transfer money or take out a loan amid reports of Russian banks being disconnected from international payment systems, Russian Interior Ministry spokeswoman Irina Volk said. “Among other reasons for the call is the possibility of an allegedly upcoming complete ban on cash withdrawals from accounts or a global blocking of banking operations as a result of the impositi...
The EU will discuss the issue of imposing new sanctions against Russia, in particular against Russian oil. As Reuters reported, the Baltic countries were in favor of this idea, while Germany, on the contrary, The European Union will continue to discuss new possible sanctions against Russia, in particular restrictions in the energy sector, said EU High Representative for Foreign Affairs and Securit...
Solaris yacht was noticed off the coast of Turkey. According to Reuters and Forbes, the vessel may be associated with Abramovich. Previously, the businessman was under sanctionsEuropean Union Motor yacht "Solaris" The superyacht "associated with Russian businessman Roman Abramovich" was spotted a few kilometers off Turkey's southwest coast, Reuters reported, citing Marine Traffic data. According t...
under sanctions.The investigation will be carried out by a special international group. Three leading auction houses - Christie's, Sotheby's and Phillips - will participate in an international investigation into the assets of Russian "oligarchs" that fell under sanctions, ARTnews magazine reported citing representatives of the sites. Due to the sanctions, auction houses are prohibited from making ...
In 2021, the main trading partner of Russia was the European Union, all of whose countries were on the list of unfriendly countries. Second place is China,followed by the CIS countries Russia's trade turnover with countries that did not support Western sanctions in 2021 amounted to $359.8 billion, or about 45.8% of all foreign trade: 44.2% of total exports and 48.6% of imports, analysts of the int...
At the same time, Soviet, Indian and South Korean films will be shown in cinemas,directors of cinema networks told Russian cinemas will maintain pre-crisis prices for movie tickets, as well as for cinema bar products. This was told to Vedomosti by the heads of the five largest cinema networks in the country - the combined cinema network Cinema Park and Formula Kino, Premier Hall, Karo, Kinomax and...
According to the Deputy Chairman of the Security Council,the proposal of the Polish prime minister on the "derussification" of the Polish and European economies is another "politicking" without a real economic justification The decision to abandon Russian energy carriers has already caused serious damage to Poland, which will only get worse, and the development of a program to “de-Russify the Poli...
The majority of respondents called the right decision of the Georgian authorities to refuse to join the sanctions against Russia and send volunteers to Ukraine.More than 30% of respondents did not support him The majority of respondents in Georgia (64.5%) said the government's refusal to join the sanctions against Russia was right, Imedi TV company, commissioned by the Georgian company GORBI to co...
The largest Western manufacturers of elevators have stopped deliveries to Russia. Developers are looking for a replacement in the domestic market and in Asia. Despite the high level of localization, Almost 30% of the elevators installed in Russia last year were brought from abroad, a representative of the Ministry of Industry and Trade told RBC. Elevators from far abroad countries (Europe, the USA...
According to the publication, about 7 thousand people will be sent to idle time.human Sheremetyevo Airport sent about 40% of its employees to forced downtime due to a sharp reduction in traffic amid Western sanctions, Izvestia writes, citing an order from the airport's CEO Mikhail Vasilenko. The representative of Sheremetyevo, Anna Zakharenkova, confirmed to the newspaper that employees were sent ...
According to the Polish Deputy Prime Minister, Poland continues to accept Ukrainian refugees,however, due to sanctions, it does not receive proper support from the EU Piotr Gliński Polish Minister of Culture and Deputy Prime Minister Piotr Glinski criticized the European Union (EU) for maintaining sanctions on Warsaw and pointed out that the country is now spending a lot of resources to help refug...
The new sanctions lists may include more Russian banks,restrictions may also affect the oil and gas and other sectors of the Russian economy Duleep Singh The United States allows the expansion of sanctions against Russia to more sectors of the economy, said Duleep Singh, deputy director of the White House National Economic Council, in an interview with CBS. “We can expand our sanctions . Measures,...
The removal of US sanctions in the event of a cessation of hostilities in Ukraine allowed Secretary of State Anthony Blinken. A State Department spokesman said the sanctions"not designed toto be permanent" The United States has not even come close to lifting sanctions against Russia because of the events in Ukraine, Deputy Assistant to the President of the United States for National Security Dulee...
The Baltic countries, including Lithuania, insist on an embargo on Russian oil, Germany warns against quick action due to high energy prices in Europe,sources told Reuters The European Union is preparing a fifth package of sanctions against Russia because of the events in Ukraine and is discussing the possibility of imposing an embargo on Russian oil, Reuters reported, citing sources. “We are work...
The government will consider a proposal to include the design bureau of Russian electronics in the list of backbone enterprises. This should reduce the pressure of sanctions, but may also have the opposite effect, The fact that the authorities will consider expanding the list of backbone enterprises, RBC was told by two sources in the radio electronics market. According to one of them, it is propo...
The regulator allowed banks not to publish this information until the end of 2022 Information about the owners of credit organizations has disappeared from the website of the Central Bank. On the pages of specific financial institutions, there was no heading “Information on the controlling persons of the bank”, although it was previously there. RBC sent a request to the Central Bank. On March 18, ...
Washington and Ankara are discussing a possible transfer to Kiev of the S-400 systems bought from Moscow in 2017. In exchange , the United States can lift sanctionsagainst Turkey. Lavrov warned that the supply of air defense systems to third countries would violate the terms of contracts Military base in Turkey, The United States and Turkey are negotiating a deal, according to which Ankara can tra...
With irony, he also commented on the ban on opposition parties in Ukraine,including "Opposition Platform"Dmitry Medvedev The Germans will have to change their national habits and give up meat and sausage if they heed the advice of their government to reduce their consumption of these products in order to defeat Russia. This was written by Deputy Security Council Dmitry Medvedev in Telegram. Medved...
Prices for used cars in Japan began to decline rapidly against the backdrop of anti-Russian sanctions and falling exports to Russia. This is reported by the Nikkei newspaper. In the first two weeks of March, the average price for a car in the Japanese secondary market was 785 thousand yen ($6.5 thousand), which is immediately 5% less than at the end of February. Experts attribute this to a decreas...