Hungary will not support sanctionsagainst any companies providing energy supplies, Szijjártó stressed. The adoption of new sanctions, the introduction of which was announced by the EU, requires the consent of all members of the union, Hungary will not agree to be included in the sanctions lists of companies that provide energy supplies, Hungarian Foreign Minister Peter Szijjarto said in an intervi...
The country's foreign minister also pointed outthat refusal to perform military service is not sufficient grounds for applying for asylum in FinlandThe queue of cars on the border of Russia and Finland Finland, following the Baltic countries and Poland, will ban the transit of Russians with Schengen visas, including those obtained in other countries. The ban will be adopted within a few days, now ...
Ozon offered the owners of its $750 million bonds to pay up to 85% of the face value in rubles and up to 67% in dollars. Future payments are agreed with the Russian Ministry of Finance, Cypriot Ozon Holdings PLC (the parent company of the Ozon marketplace) has agreed on the terms of the restructuring of its convertible bonds, the company said in a message to RBC. The company offered to redeem thes...
The representative of the German government stressed that for Russians who do not want to participate in a military operation,there must be ways to travel to Germany and other EU countries Germany is open to receive Russians who want to leave the country after the announcement of partial mobilization. For such citizens, it is necessary to leave ways to travel to the European Union, said German gov...
New sanctionsThe EU may touch the IT sector. At the same time, Poland and the Baltic countries are in favor of a tougher response to referendums in the Donbass, The eighth package of anti-Russian sanctions of the European Union, which is being prepared in response to partial mobilization and referendums in the Donbass, will contain a ceiling on Russian oil prices and will affect information techno...
Erdogan decided to hold the meeting after two private Turkish banks stopped accepting Mir cards. Their decision was influenced by the warning of the US Treasury Recep Tayyip ErdoganRecep Tayyip ErdoganRecep Tayyip ErdoganRecep Tayyip ErdoganRecep Tayyip Erdogan Turkish President Recep Tayyip Erdogan will discuss with ministers alternatives to Russia's Mir payment system after two private Turkish b...
Zero duties on imports of up to 200 thousand tons of beef came into force in 2022 - now it is proposed to extend them to 2023. Miratorg opposed the benefits, The Ministry of Agriculture proposed to the Ministry of Economy to extend duty-free imports to 200,000 tons of beef in 2023. This information was reported to Kommersant by sources in the market and confirmed by the Ministry of Economics, addi...
Yandex will build its fourth data center in Kaluga to cover the growing demand for cloud services - it should become the most powerful in the holding structure in Russia.Previously, the company had problems with the data center in Finland The fact that "Yandex" has begun construction of a new data center in Kaluga on the territory of the industrial park "Grabtsevo", the company said. The data cent...
Josep Borrell Under the new EU sanctions against Russia, individuals and the technology sector may fall, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said following the UN Security Council ministerial meeting on Ukraine. “The [EU] Council is studying a new package of sanctions against individuals, I can’t name them right now, and is also studying the introduction of...
Discussion of new sanctions, which include, among other things, the introduction of ceiling prices for oilFrom Russia,intensified after the announcement of partial mobilization in the country and Putin's words about nuclear weapons EU member states are striving to agree on the introduction of cap prices for Russian oil within a few weeks, Bloomberg reports citing sources. According to them, the di...
Hungary will take part in the discussion of new sanctions, but will not support the next restrictions against the energy sector, as they will harm the country,said the Foreign MinisterPeter SzijjartoPeter SzijjartoPeter SzijjartoPeter SzijjartoPeter Szijjarto Hungary opposes the imposition of new EU sanctions against Russia in the field of energy and considers this a "clear red line," said Hungari...
Yandex had a taxi service in the country and a data center, which was disconnected from the power supply in the spring. The asset freeze is related to EU sanctions against one of the founders of the company, Finnish authorities seized local assets of Yandex as part of EU sanctions against its co-founder Arkady Volozh, Helsingin Sanomat writes. The publication notes that this decision is unlikely t...
Under another Russian personal sanctions87 Canadians were included. In total, there are currently 905 Canadian citizens on Moscow's sanctions list. The restrictions were a response to similar actions by Ottawa, Russia has imposed personal sanctions against 87 Canadians, according to the Foreign Ministry website. They are banned from entering the country. The restrictions were a response to “anti-R...
Turkish authorities will discuss problems with the use of cards of the Russian payment system "Mir" at a meeting on September 23, President Recep Tayyip Erdogan said. According to him, the use of these cards is a common decision between Turkey and Russia, Anadolu agency reported. “This issue is being analyzed. The relevant authorities will take appropriate steps. Of course, there are alternatives....
NSPK continues to work with partners in Kazakhstan, and in Turkey there is no catastrophic decline in the volume of Mir cards, Komlev said.Earlier, a number of banks in these countries stopped accepting cards of the Russian payment system. The level of fear and noise around the Mir payment system abroad is somewhat exaggerated, said Vladimir Komlev, head of the National Payment Card System (NSPK; ...
The consultant will be required to help the government avoid major economic shocks,which may be caused by the imposed sanctions The US Treasury Department has opened a vacancy for a "sanctions guru" - an economist who will advise the agency on the impact of restrictive measures on fiscal and monetary policy, financial markets and other areas, Bloomberg reported. The consultant will be required to ...
The total investment program of Russian Railways for the next three years may reach a record 4.4 trillion rubles,newspaper reports Russian Railways (RZD) will purchase Lastochka passenger electric trains for 67.5 billion rubles from the Sinara group within three years. This is reported by Vedomosti with reference to the September materials for the draft investment program of Russian Railways for 2...
The total investment program of Russian Railways for the next three years may reach a record 4.4 trillion rubles,newspaper reports Russian Railways (RZD) will purchase lastochka passenger electric trains from the Sinara group for 67.5 billion rubles within three years. This is reported by Vedomosti with reference to the September materials for the draft investment program of Russian Railways for 2...
As part of the new package of sanctions, the European Union will remove the right of veto when voting on issues related to Russia. It is reported by RIA Novosti with reference to a source in the EU. “The EU will certainly accelerate the development of the eighth package of sanctions... Several new people will be included in the lists. Also, EU ministers are likely to discuss ... in the coming week...
The European Commission (EC) is going to publish a document with measures to combat the energy crisis on September 28, Bloomberg reports citing sources. According to the agency, to contain the energy crisis, the EC plans to reduce market fluctuations, increase the liquidity of energy markets and reduce the cost of natural gas. In addition, the topic of combating the energy crisis, including limiti...
The head of European diplomacy stressed that the new sanctionswill be individualand sectoral EU countries will impose new sanctions against Russia as soon as possible due to the planned referendums in the Donbass, Zaporozhye and Kherson regions, said the head of European diplomacy, Josep Borrell, Reuters reports. “Additional restrictive measures against Russia will be introduced immediately, as so...
Yoshimasa Hayashi Japan is going to expand export sanctions against Russian companies, Japanese Foreign Minister Yoshimasa Hayashi said at a G7 meeting in New York, Sputnik reports. According to the agency, Russian companies that are associated with the military and defense sphere will fall under the new sanctions. No other details of the expansion of the restrictions are given. The decision was m...
Over the past six months, the share of the top 15 banks in the sector's assets fell to 84.6%, Expert RA calculated, predicting a "deconsolidation course" and strengthening the market positions of smaller players.Other experts consider this phenomenon temporary. The crisis and sanctions have shaken the market positions of the largest Russian banks: in the first half of 2......
One of the topics that the US Presidenttouched upon in his speech at the UN General Assembly, there was a food problem. According to him, US President Joe Biden , speaking from the podium at the 77th session of the UN General Assembly in New York, said that Western sanctions do not prevent Russia from exporting food. Biden accused Moscow of trying to explain the origin of the food crisis by the sa...
The new package of EU sanctions may include a ban on the import of diamonds from Russia. Back in March, the United States made such a decision. Within a few days, the European Commission will begin consultations with representatives of the EU countries on a new package of sanctions against Russia, which may include a ban on the import of polished diamonds. This is reported by Politico, citing four...
The EU will prepare its own response to Russia in connection with Putin's address, the announcement of partial mobilization and words about nuclear weapons,confirmed by the European Commission EU member states discussed a joint response to the "reckless" decisions of the Russian authorities on Ukraine, European Commission spokesman Peter Stano said at a press conference, Reuters reports. “This is ...
Thanks to the sanctions , Russiawill be forced to produce aircraft engines for civil aircraft. The President believes that it is cheaper and more comfortable to buy Airbus and Boeing aircraft, Since Soviet times, Russia has not produced competitive aircraft engines for civil aviation, but due to sanctions it will be forced to do so, Vladimir Putin said at a meeting with heads of engineering school...
In the future, consumers will add more and more plant-based raw materials to their diets instead of animal proteins. The state needs to support this direction, and the Russians need to change their attitude towards alternative meat, Deputy Prime Minister and Minister of Industry and Trade Denis Manturov believes that the production of alternative products from vegetable protein in Russia needs to ...
The head of VEB.RF, Igor Shuvalov, in his doctoral dissertation, put forward the idea of a separate law to overcome the crises that the Russian economy may face.Such a law would imply "acts of rapid response"Igor Shuvalov during the defense of his doctoral dissertationIgor Shuvalov during the defense of his doctoral dissertationIgor Shuvalov during the defense of his doctoral dissertationIgor Sh...
The current regulation of the banking sector makes possible the emergence of a "so-called latent crisis," Igor Shuvalov wrote in his doctoral dissertation.Head of VEB proposes to focus supervision on prompt identification of problemsIgor ShuvalovIgor ShuvalovIgor ShuvalovIgor ShuvalovIgor ShuvalovIgor ShuvalovIgor Shuvalov A significant proportion of license revocations from Russian banks is cause...