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Economics from PionerProdukt

 
  • The Ministry of Agriculture announced the preservation of stable prices for meat
    The high supply of the domestic market with the main types of meat contributes to maintaining a stable price level. This was reported to RBC in the press service of the Ministry of Agriculture. “The saturation of the domestic market, combined with growing competition, will help maintain a stable level of wholesale meat prices,” the ministry said. According to the Ministry of Agriculture, as of Feb...
  • Reuters learned about a possible easing of US sanctions against Venezuela
    The White House is "in no hurry" to lift sanctionsagainst Venezuela, but is ready to consider a possible easing of restrictive measures if the authorities of this country take steps to establish contacts with the opposition Caracas, Venezuela The administration of US President Joe Biden is not going to lift sanctions on Venezuela, but is ready to consider the possibility of easing them, Reuters re...
  • The Ministry of Economy responded to a warning about the risks of closing 10% of companies
    The data of a survey conducted by the office of the business ombudsman that 10% of companies will close are of an estimated nature, according to the ministry.98% of recipients of preferential loans retained their staff and can count on their write-off Almost all entrepreneurs from among those who took advantage of the concessional lending program retained employment at their enterprises. This was ...
  • S&P named three key risks for Russia in 2021
    The main risks for the Russian economy to keep an eye on in 2021 are a possible tightening of sanctions, macro policy imbalances and domestic political volatility, S& analysts sayP Global Ratings Analysts at the credit rating agency S&P Global Ratings, at a webinar on the sovereign ratings of Russia and the CIS countries, named three key risks that could overshadow Russia's rating prospects. Accor...
  • Belarus' national debt grew by 1.9 billion rubles over a month; we managed to borrow a mere pittance on foreign markets
    February 1, 2021, the national debt of Belarus was Br59.7 billion, having increased by Br1.9 billion, or 3.3%, compared to the beginning of the year, reports the Ministry of Finance. February 1, the external public debt amounted to $18.3 billion, having decreased by $0.3 billion (adjusted for exchange rate differences), or 1.4% YTD. In January 2......
  • Bitcoin rate tends to mark of 50 thousand dollars per coin. What is happening and what will happen next
    Bitcoin rate exceeded the mark of $48 thousand on February 9, then began to decline. As of 12.14, Minsk time, bitcoin rate was $46,916 per coin. Experts told about when bitcoin would update its historical maximum and what could lead to a fall in the quotations. Bitcoin began to appreciate significantly in November. For example, on the night of November 6, the bitcoin price on the Binance exchange ...
  • The dollar rose markedly at the start of trading on January 28. Exchangers reacted by increasing rates
    January 28, the dollar and euro are rising again at the Belarusian Currency and Stock Exchange. The U.S. currency gained 1.4%, or 3.6 kopecks at the start of trading. It should be noted that the dollar and euro have gone up in price for the fifth auction in a row. At the start of trading on the Belarusian Currency and Stock Exchange, the dollar rose by 1.4% to Br2.6179, while the euro appreciated ...
  • Apple has once again become the most expensive brand in the world
    Apple has once again become the most expensive brand in the world, whose value is estimated at almost 263.4 billion dollars, ahead of Amazon and Google. This follows the ranking of the consulting company Brand Finance, published on its website. About this also writes TASS. According to analysts' estimates, the Apple brand lost its lead in 2......
  • The US Congress still approved the results of the presidential election: the winner is Joe Biden
    Both houses of the US Congress , the Senate and the House of Representatives, finally approved the results of the elections: Joe Biden is recognized as the winner and the country's next president. The decision was made only at 3.30 am on January 7, Washington time. Recall that on the eve of the meeting was disrupted by supporters of Donald Trump, who do not recognize the elections and stormed the ...
  • Debt and demand for currency. Why foreign exchange reserves lost $1.9 billion over the year
    International reserve assets of Belarus amounted to $7,468.5 million (in equivalent) on January 1, 2021, according to preliminary data, reported the press service of the National Bank. According to the guidelines of the monetary and credit policy for 2020, the reserves should have amounted to at least $7.3 billion on January 1, 2......
  • Belarus and Russia have agreed on oil supplies for 2021. But an alternative is in store
    Moscow and Minsk have agreed on the terms of Russian oil supplies to the oil refineries in Mozyr and Novopolotsk next year. At the same time, Belarus will continue buying raw materials from alternative suppliers by sea. Prime Minister Roman Golovchenko said that Belarus had signed contracts for oil supplies in 2......
  • In November, gold and foreign currency reserves decreased by $109 million.
    International reserve assets of Belarus on December 1, 2020, according to preliminary data, amounted to $7376.3 million (equivalent), having decreased in November by $109.2 million (1.5%) after growth in October by $164.2 million (2.2%), according to a press release of the National Bank. Since the beginning of the year the reserves have decreased by 21.5%, or by 2......
  • Kazakh businessman Rakishev intends to sell his bank in Belarus in 2021
    Kazakh businessman Kenes Rakishev told Interfax that he intends to sell BTA Bank in Minsk next year. In addition, it turned out that a citizen of Belarus could become a buyer of his Ukrainian bank. BTA Bank, once one of the largest banks in Kazakhstan, found itself in a difficult financial situation due to the machinations of the former owners. A few years ago, the bank passed the banking license ...
  • Export of Belarusian food to Russia exceeded $3 billion in 9 months
    "According to the results of the first nine months of 2020, exports (of food - ed.) amounted to $4.2 billion - increased by 161% and increased in monetary terms by $243 million compared to 2019 ... A stable and important partner, I I would even say - the main one (is for Belarus - ed.) ... Russian Federation. We supply 74.5% of all this volume - 3.2 billion (dollars - ed.) to the markets of the Ru...
  • Poles intend to simplify the employment of Belarusian doctors and  IT specialists.
    Some medical and IT specialists from Belarus want to be allowed to work in Poland without obtaining a work permit. We are talking about those specialists who entered the country on a visa with humanitarian purposes or visa marked Poland Business Harbour, intended for companies that want to move their business to Poland. The relevant bill was prepared by the Ministry of Development, Labor and Techn...
  • State debt for nine months grew by 27%
    The national debt of Belarus as of October 1, 2020 amounted to Br56.9 billion, having increased by Br12.1 billion, or 27%, compared to the beginning of the year, reports the Ministry of Finance. External public debt as of October 1, 2020 amounted to $ 17.6 billion, having increased from the beginning of the year by $ ......
  • The dollar and the euro are noticeably more expensive at the auction. Banks reacted by raising exchange rates
    The dollar exchange rate has been growing for the fourth day in a row in trading on the Belarusian Currency and Stock Exchange. The euro is also strengthening. FINANCE.TUT.BY looked at what exchange rates were set by exchangers. As of 10:39 a.m., in trading on the Belarusian Currency and Stock Exchange, the dollar rose by ......
  • Russia resumes bitumen supply to Ukraine. Bad news for the administrations of the President of Belarus?
    The Russian government allowed the export of a number of other oil products to Ukraine under special permits. This is stated in the resolution of the Russian Cabinet of Ministers. In particular, the document expands the annex with the list of goods, which are exported to Ukraine on the basis of permits issued by the Ministry of Economic Development. Now it includes lubricants and bitumen. Since 2....
  • Poland fined Gazprom €6 billion for Nord Stream 2.
    The Polish Office for Competition and Consumer Protection (UOKiK) imposed a fine on companies involved in the construction of the Nord Stream - 2 gas pipeline. Thus, the Russian concern "Gazprom" is fined 29 billion PLN (about 6.45 billion euros) and five other companies - a total of about 178.5 million PLN (about 39.8 million euros), the press service of UOKiK on Wednesday, October 7. In particul...
  • We are ahead of Ukraine only. We have compared the pensions received by residents of Belarus and neighboring countries.
    The average retirement pension in July, according to the National Statistics Committee, was 472.9 rubles (data for August have not yet been released). The last increase at the moment occurred on July 1. FINANCE.TUT.BY looked at what payments on well-deserved rest residents of neighboring countries receive. The average size of pensions in July was 456.8 rubles, for disability - 4......
  • Belarusbank also limits lending. Some loans for housing, auto and consumption have been suspended
    Belarusbank introduces changes in loans for individuals. This is reported on the bank's website. We are talking about increasing the time for consideration of loan applications, as well as the suspension of new applications for consideration of some real estate and auto loans, as well as consumer loans. The bank reports that from September 1, suspended the receipt of new applications for some type...
  • USD — 3 rubles, Euro — 3.5. Currency rates took psychological notes
    The rate of dollar sales by banks took a psychological mark of 3 rubles. At this rate, you can buy American currency in Technobank and Fransabank in Brest. Euro in this regional city in Fransabank - 3.5 rubles, and in Technobank - 3.45 rubles. At the auction at the Belarusian Currency and Stock Exchange on August 26, the dollar exceeded the historical maximum reached in March this year. The dollar...
  • Apple becomes first company in USA with 2 trillion dollar capitalization
    Apple shares rose by 1.33% to $468.42 as of 18:04 Moscow time, according to trading data. The capitalization amounted to $2.003 trillion, RBC writes. Until now, the only public company, whose value reached $2 trillion, was Saudi Aramco, a Saudi oil corporation. It took Apple two years to increase its capitalization from $1 trillion to $2 trillion: the company reached the level of $1 trillion on Au...
  • National Bank has decided not to reduce the refinancing rate.
    The refinancing rate and interest rates on operations of liquidity regulation of the National Bank remain at the current level, said the press service of the National Bank. The corresponding decisions were taken by the board of the National Bank of Belarus following the session on monetary policy on August 12th, 2......
  • Sustainable work of Belgazprombank is the task of the interim administration
    Especially for you, we have collected answers to key questions about the bank's activities and the stability of its work, asked by journalists to Nadezhda Yermakova at the end of the first week of the interim administration's office - June 19. Viktor Pazhitok, Komsomolskaya Pravda in Belarus: – What is the current financial and economic condition of the bank? Do his clients have reason to be conce...
  • The President said: the refinancing rate is going down.
    From 1 July 2020, the refinance rate is reduced from 8 to 7.75% per annum, the overnight credit rate from 9 to 8.75% per annum, and the overnight deposit rate from 7 to 6.75% per annum. According to the press service of the National Bank, this decision was taken by the board of the National Bank following the additional meeting on monetary policy on June 22, 2......
  • The price of milk will go down.
    The year 2020 will be different from any other year, in spring the dairy industry, as well as a number of other sectors of the agro-industrial complex, experienced peaks in demand caused by the self-isolation regime - consumers were buying up products for long-term storage on a massive scale. Already now, according to estimates, consumption has returned to the level of late 2......
  • Siberian dairy farmers ask to reduce supplies from Belarus due to overproduction crisis
    "Gross raw milk production in the Novosibirsk Region is growing at a serious pace, the region produces approximately 2 (two) thousand tonnes of marketable milk every day, and the region is actually in a state of local overproduction crisis," says the statement. According to the Union, the lack of raw milk processing facilities has led to the fact that more than half of Novosibirsk's milk is proces...
  • Belarusian ruble became leader on decline of for dollar on post-Soviet space for last 5 months.
    The official dollar rate increased by 14.57% (from 2.1036 to 2.41) in January-May 2020. This is the first indicator in the former Soviet Union. According to the comparative analysis of central bank quotes, conducted by BelaPAN on December 31, 2019 and May 31, 2020, the U.S. dollar rate increased by 1.62% in January (seventh place), while in January-February - by 6.44% (second), in the first quarte...
  • In 2019, cheese production in Belarus increased by 18.5%, while production of SCM decreased by 31.8%.
    In 2019, according to Deputy Head of the Main Department of Processing Industry, Maria Klimova, 249.8 thousand tons of fatty cheeses were produced (+18.5%), butter production increased by 0.6% to 115.6 thousand tons, while production of dry whey increased by 25.3% to 118.8 thousand tons. At the same time, production of whole-milk products decreased by ......