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Economics from PionerProdukt

 
  • Turkey sharply reduced purchases of Russian raw materials
    Turkey in October reduced the import of coal, oil and gas from Russia by 25% compared to the previous month in monetary terms, the local statistical service reported. Russian companies received $3 for these goods, The import of Russian mineral fuel (coal, oil and oil products, natural gas) to Turkey in October 2......
  • The Central Bank allowed the liberalization of foreign exchange restrictions while easing sanctions
    To mitigate sanctions measures in response to which the Central Bank could consider the liberalization of foreign exchange bans, the regulator attributed, among other things, the unblocking of assetsView of the building of the Central Bank of the Russian Federation When introducing foreign exchange bans and restrictions, it is necessary to act on the principle of reciprocity, according to the draf...
  • Bloomberg learned about the investigation in Paris against the daughter of
    Kerimov They already attracted the attention of the French intelligence services a few years ago, but under sanctionsmissedSuleiman Kerimov The French prosecutor's office has launched an investigation into the acquisition of four villas on the Riviera by the daughter of a member of the Federation Council from the Republic of Dagestan, Suleiman Kerimov, Bloomberg reports, citing sources. “[The pros...
  • La Repubblica learned about the Italian authorities' plan to nationalize LUKOIL's refineries
    The ISAB plant accounts for about 20% of Italy's total processing capacity. Back in September, the authorities ruled out the nationalization of the plant. But now, according to La Repubblica, The Italian government intends to nationalize LUKOIL's ISAB refinery in Sicily. The final decision will be made at a government meeting on Thursday, December 1, La Repubblica reports, citing sources. Economy ...
  • Ministry of Internal Affairs prepared for the shortage of printers for printing passports
    The Ministry of Internal Affairs reported that due to the withdrawal of Western manufacturers, the ministry may face a shortage of printers for printing passports. They indicated that they were ready to buy printers from Russian companies, The Ministry of Internal Affairs may face a shortage of dot matrix printers for printing passports, after many of the Western manufacturers stopped deliveries t...
  • Politico learned about the plans of the EC to discuss the expansion of sanctions against Russia
    Politico notes that the discussion of the ninth package of sanctions is a “concession” to Warsaw, which asked to link the oil price ceilingwith a new sanctions package The European Commission (EC) this week is ready to start negotiations with the EU countries on the preparation of a new - ninth - package of sanctions against Russia, Politico reports, citing officials. According to Politico, such a...
  • The UN announced the terms of sending a ship with Russian fertilizers from the Netherlands Russia
    previously announced its readiness to donate fertilizers to developing countries free of charge,blocked in European ports due to sanctionsStéphane Dujarric A ship with Russian fertilizers may leave the Netherlands for Malawi in the next 48 hours, UN Secretary General Stéphane Dujarric, a spokesman for the UN Secretary General, said at a briefing. The broadcast was conducted on the website of the o...
  • EU makes sanctions circumvention a crime
    Now the European Commission will have to develop a directive that will define the criminal offenses related to the circumvention of sanctions and the penalties for them. The EU has imposed eight packages of sanctions against Russia, The Council of the EU unanimously approved the inclusion of violations of sanctions measures in the list of crimes against the European Union, according to the website...
  • Medvedev predicted EU "property division" in relations with the US
    , according to Medvedev, they are taking “the last” from Europe and do not want to “share profits”,and European companies against the backdrop of sanctions see fewer opportunities to work in their countriesDmitry Medvedev The United States creates conditions, including through subsidies and tax breaks, for European companies, taking the "last" from the EU and refusing to share profits, which could...
  • FT reports stalemate in EU oil price ceiling discussion over Poland
    EU talks on a ceiling on Russian oil prices have stalled over Poland's desire to set a lower cap than other countries see fit, the Financial Times reported, citing an unnamed European diplomat. “This is the moment when we need to send clear signals of our unity to [Russian President] Vladimir Putin. The issue should be resolved long before December 5, ”the source said. According to the publication...
  • The EC will consider lifting sanctions from Rosselkhozbank
    The European Union is exploring the possibility of lifting sanctions on Rosselkhozbank and reconnecting it to the SWIFT system to facilitate the export of Russian agricultural products, in particular,conducting transactions through the bank The European Union is considering the possibility of lifting sanctions from Rosselkhozbank and reconnecting it to the SWIFT international payment system, which...
  • The EC allowed the lifting of sanctions from the Russian Agricultural Bank and its connection to SWIFT
    The European Union is exploring the possibility of lifting sanctions on the Russian Agricultural Bank and reconnecting it to the SWIFT system to facilitate the export of Russian agricultural products, in particular,conducting transactions through the bank The European Union is considering the possibility of lifting sanctions from Rosselkhozbank and reconnecting it to the SWIFT international paymen...
  • The Kremlin said it does not "take to heart" the decisions of the European Parliament
    The European Parliament adopted a resolution recognizing Russia as a state sponsor of terrorism on November 23. Peskov said that the European Parliament "acts on emotions" The resolution of the European Parliament on recognizing Russia as a sponsor of terrorism is not legally binding, the Kremlin does not take what is happening there “close to heart,” said presidential spokesman Dmitry Peskov. “It...
  • Peskov confirmed the refusal to supply resources to countries that introduce a price ceiling The
    EU has been trying for several months to agree on a price ceiling for Russian oil and gas, but this requires a collegial decision. Russiarepeatedly said that she would not supply resources to countriesimposing a price ceiling Russia will not "shoot itself in the foot" and sell oil and gas to countries that impose a price ceiling on them, said presidential spokesman Dmitry Peskov. “Look, while we p...
  • Treasury Department Allows Chevron to Produce and Import Venezuelan Oil US
    Presidential Administration Officialclarified that the license of the Ministry of Finance is limited in time to six months and can be canceled,if Maduro doesn't negotiate in good faith or defaults The US Treasury eased sanctions against Venezuela and allowed the American energy company Chevron and its subsidiaries to extract and import crude oil and petroleum products from the South American count...
  • Guatemala has deprived a residence permit of a Russian citizen who fell under US sanctions. A
    residence permit has also been deprived of a citizen of Belarus, Irina Litvinyuk. She and Russian citizen Dmitry Kudryakov were banned from entering the country. On November 18, the US imposed sanctions against them.under the "Magnitsky Act" "for the role in the operation of the mining sector"Guatemala The Guatemalan Institute of Migration deprived Russian citizen Dmitry Kudryakov and Belarusian c...
  • EC says it has never considered a ban on gas imports from Russia
    The press secretary of the European Commission noted that the EU did not consider a complete ban on the import of Russian gas. The Russian authorities have repeatedly stated that they will stop importing energy resources to countries The European Union has never considered imposing a ban on Russian gas imports, European Commission (EC) spokesman Eric Mamer said at a briefing. “We have never consid...
  • "Yandex" confirmed plans for the division of the company
    Yandex is considering the option of dividing the business into parts, changing co-owners and management models in them. In one part, profitable assets with low growth rates may remain, The Board of Directors of the Dutch Yandex NV (the parent company for the Yandex group) has begun to explore the possibility of changing the ownership and management structure of the company "in light of the current...
  • EU postpones discussion of Russian gas
    price ceiling until December EU energy ministers have postponed a decision on a gas price ceiling until December, the head of the Hungarian Foreign Ministry said. Russiahas repeatedly stated that it will stop supplying energy resources to countries"political decision makers" on the ceiling EU energy ministers at a meeting on November 24 failed to agree on a price ceiling for Russian gas. The next ...
  • Bloomberg has learned that the EU has postponed negotiations on the ceiling of oil prices
    Negotiations were supposed to resume on November 24, but have been postponed as diplomats need time to overcome differences between states.writes Bloomberg EU talks on an oil price ceiling have been postponed due to disagreements between the countries, they may resume on Friday, Bloomberg reports, citing informed sources. “Negotiations on the G7 proposal, which were originally supposed to resume o...
  • Von der Leyen announced active work on the ninth package of sanctions
    Work on the ninth package of EU sanctions against Russia is in full swing, said the head of the European Commission Ursula von der Leyen during a visit to Finland. A video of the performance was posted on her Twitter page. “We are working hard to hit Russia's pain points to further blunt its ability to wage war on Ukraine. And I can announce today that we are working at full speed on the ninth pac...
  • Szijjártó announces Hungary's 'liberation' from oil price ceiling
    Szijjarto noted that the current version of the EU restrictions does not say anything about Russian oil coming through the pipeline,what does the security of supplies to Hungary mean Hungary received an exemption from the EU's proposed cap on oil prices from Russia during talks in Brussels, Foreign Minister Petr Szijjártó said, Reuters reports. According to the head of the Hungarian Foreign Minist...
  • Rosmorrechflot estimated the shortage of vessels for transport independence
    Russia needs 400 dry cargo ships and tankers to be independent from foreign carriers, the head of Rosmorrechflot, Zakhary Dzhioev, believes.These vessels are needed for the export and import of goodsZakhary Dzhioev According to Rosmorrechflot and the Ministry of Transport, Russia needs 400 dry cargo ships and tankers, based on the existing volume of foreign trade cargo, Zakhary Dzhioev, head of Ro...
  • Switzerland has imposed an embargo on the supply of weapons to Russia and Ukraine
    Switzerland adopted the eighth package of EU sanctions against Russia, including an embargo on arms supplies to Russia,which partially extends to UkraineFederal Palace in Bern Switzerland has imposed a ban on the export of its weapons to Ukraine and Russia, follows from the message of the Ministry of Economy of the country. “In addition to the measures contained in the eighth EU sanctions package,...
  • In Norway, a Russian was sentenced to three months in prison for launching a drone
    The Hordaland District Court in Norway has sentenced a 34-year-old Russian citizen to 90 days in prison for launching a drone in violation of sanctions laws, NRK reports. His drone and mobile phone are also confiscated. Since the Russian was in custody before the hearing, his term was reduced by 29 days. He was detained on October 2......
  • Scholz believes that fighting in Ukraine was not the root cause of the crisis in Europe
    Fighting in Ukraine and COVID-19accelerated the end of a period of low inflation for the West, but were not the main reason, the German chancellor believes. He attributed the trend to rising incomes in Asian countries, The time of "economic exclusivity" for Europe and North America could not last long, during which the inhabitants of these continents could enjoy low inflation, stable economic grow...
  • Аналитики Bloomberg сообщили о «крахе» платежной системы «Мир»
    Bloomberg analysts reported the “collapse” of the Mir payment systemmost foreign countries have stopped cooperation with the Russian payment system,which may indicate its "collapse" In six of the nine countries in which the Russian payment system Mir operated, banks refused to support it amid the threat of sanctions from the United States. Bloomberg analysts considered the current situation a "col...
  • The United States allowed financial transactions with Russian oil to a number of European countries
    . In addition, the US Treasury decoupled oil from the price ceiling, "substantially reworked" outside of Russia.Also, the cost of its transportation will not be included in the marginal price. The United States, after the introduction of a price ceiling for Russian oil, will allow financial transactions related to its supplies to Bulgaria, Croatia, as well as to a number of landlocked countries of...
  • Kuleba said that the EU has no moral right to get tired of helping Ukraine
    Dmitry KulebaDmitry KulebaDmitry KulebaDmitry KulebaDmitry Kuleba Europe has no moral and political right to get tired of helping Ukraine. This was stated by the head of the Ukrainian Foreign Ministry Dmitry Kuleba during an online briefing, the broadcast was on the agency’s Facebook page (owned by Meta Platforms, the court recognized the organization as extremist, its activities are prohibited in...
  • La Repubblica has learned that the EU may delay the introduction of the gas price cap
    The publication indicates that, according to the EU plan, the price ceiling should come into effect under conditions that have not yet been met. EU ministers intend to finalize the draft and postpone the final decision until December, EU energy security ministers are likely to be unable to reach an agreement on capping Russian gas prices at their November 24 meeting, so a decision could be delayed...