Russia

According to the agency, the grace period for paying about $100 million in overdue payments on government bonds expired overnight.Russia called the default "artificial" and many times declared its readiness to service external debt On the night of June 27, for the first time since 1918, RUSSIA defaulted on sovereign debt in foreign currency, writes BLOOMBERG. Default is the default of the debtor t...

against Russian gold should not harm the EU economy, Michel said, noting the readiness of the European Council to explore possible accession to the restrictions.Previously, the G7 countries banned the import of gold from RUSSIA The European Council is ready to consider the possibility of joining the G7, which banned the import of gold of Russian origin, these restrictions should be studied in orde...

The EXPORT of gold brings RUSSIA "billions of dollars", the supply of this metal will be banned by the G7 countries, Biden announced. Johnson considered, The G7 countries - the United States , Great Britain, CANADA, France, Germany, Italy, Japan - will announce a ban on the import of Russian gold, US President Joe Biden tweeted . “[Gold exports are] a large share of exports, giving Russia tens of ...

Countries that have imposed sanctions on RUSSIA are facing growing economic problems, while these restrictions have little effect on Moscow's actions, writes The New York Times. Despite ongoing efforts, oil prices are breaking records, and after falling in February, the ruble hit a seven-year high against the DOLLAR in June. Also, amid the US oil embargo and reduced EU imports of Russian oil, ener...

Japan The measure is seen as a response to Japanese sanctions A group of deputies and senators from United RUSSIA and the Communist Party of the Russian Federation proposes to rename the day of military glory on September 3, which is now celebrated as Victory Day in World War II, supplementing the name of this memorable date with an indication of the victory of the USSR over Japan, follows from th...

to Russiaand the EU banned the supply of banknotes denominated in its own currency. The ban also includes the import of goods The UK has expanded sanctions against RUSSIA by banning the supply of pound sterling banknotes and EU banknotes to the country. This was reported on the website of the British government. "A ban on the EXPORT or use in Russia of banknotes denominated in pounds sterling or E...

Trucks at the Chernyshevskoye checkpoint in the Kaliningrad region The Kaliningrad region's response to the "sanctions blockade" should redirect the economic flow of the Baltic states to RUSSIA. This was announced on the air of Solovyov Live by the governor of the region Anton Alikhanov. “I believe that these proposals should be aimed at ensuring that the economic flow and money that Lithuania and...

Restrictions on gold may appear in the draft of the next package of anti-Russian sanctions, but it is not known whether they will involve a ban on imports or exports.Against the background of the discussion of sanctions, Switzerland bought 3 tons of gold from RUSSIA The European Union may include restrictions on gold in the seventh package of anti-Russian sanctions, REUTERS reports, citing sources...

Bosnia and Herzegovina does not want to join the sanctions against RUSSIA, Milorad Dodik, a member of the presidium of the Balkan country, said at a meeting with Russian President Vladimir Putin, which was broadcast by the Rossiya 24 TV channel. “We are trying to sustain our politics without influence. We did not want to join the sanctions,” he said. Dodik also thanked the Russian president for ma...

According to the diplomat, Russian grain will not be removed from sanctions, since Western banks,insurance companies and trade institutions are "intimidated" and refuse any cooperation with RUSSIA Sanctions exemptions for exports of food and fertilizers from Russia are illusory, since in fact Western institutions refuse any cooperation. This was announced in an article for the National Interest by...

Stores formerly owned by French chain L'Occitane and recently changed signage to L'Occitane have come under the control of Russian top managers. Russiaprovided the French retailer with more than 3% of all sales On June 10, 2022, the legal entity of the L'Occitane cosmetic chain, which has recently been operating in RUSSIA under the L'Occitane brand, has changed its founders. As follows from the da...

Russian Imperial Movement" In 2020, the Russian Imperial Movement was recognized as a terrorist organization in the United States. Under sanctionshit Ukrainian Stanislav Shevchuk and Russian Alexander Zhuchkovsky US Department of the Treasury The US Treasury Department's Office of Foreign Assets Control has designated two "key supporters" of the Russian Imperial Movement (RIM), a nationalist organ...

With the withdrawal of large companies from RUSSIA, US authorities"were caught off guard by the potential side effects," BLOOMBERG learned. However, the American administration does not consider its sanctions policy a mistake, A number of officials in the US presidential administration have expressed concern that sanctions , "instead of affecting the Russian authorities, exacerbate inflation, wors...

The DIRECTOR said that Abramovich helped modern Russian culture a lot, including paying for Andrey Zvyagintsev's treatment for covid in Germany.The billionaire is under EU and UK sanctions Kirill Serebrennikov Director Kirill Serebrennikov explained his call to lift sanctions against billionaire Roman Abramovich with the help of a businessman for contemporary Russian culture. He said this in an in...

The French regulator considered the disclosure of the addresses of the house and villa of the Russian businessman "proportionate" to the circumstances Aleksey Kuzmichev The Supreme COURT of France rejected the claim of Russian businessman, co-founder of Letter One and Alfa Group Alexei Kuzmichev, who challenged the publication by the country's authorities of data on the location of his house in Pa...

JPMorgan Chase and Goldman Sachs will not conduct operations on Russian debt obligations after a corresponding instruction from the US Treasurywrites BLOOMBERG.In May, the agency did not renew the license to service the debt Major American banks JPMorgan Chase and Goldman Sachs have suspended operations with Russian debt after the US authorities banned the acquisition of these assets by American i...

RNPK has become the key reinsurer of Russian tankers, REUTERS reported. Earlier, the EU banned the insurance and reinsurance of shipping Russian oilto third countries and, according to the FT,agreed this ban with Britain The Russian National Reinsurance Company (RNRC) has become the main reinsurer for Russian vessels, including Sovcomflot tankers, following the imposition of Western sanctions, sou...

Alfa Group co-founder Mikhail Fridman did not negotiate on obtaining Ukrainian citizenship and transferring assets to the country, Alfa told RBC.Mikhail Fridman, HEAD of the Ukrainian anti-corruption agency, said the opposite in an interview. One of the richest people in RUSSIA, co-founder of Alfa Group and the LetterOne holding, Mikhail Fridman, did not try to obtain Ukrainian citizenship and tra...

The largest geopolitical crisis in relations between RUSSIA and the West will inevitably affect regional processes in Eurasia, the strategies of the leading players will change, but Beijing and Moscow have the same interests,experts say What is the crisis of Eurasia The largest geopolitical crisis in relations between Russia and the West will inevitably affect regional processes in Eurasia. Expert...

The Canadian authorities have frozen both the funds in the accounts and those that participated in the transactions. Now the country is discussing a bill that will allow not only to block, Since the beginning of the Russian operation in Ukraine and until June 7, CANADA blocked 412.1 million Canadian dollars ($328.6 million) that were in Russian accounts or appeared in transactions involving person...

Employees who did not condemn the special operation in Ukraine “should not be members of the BASF family,” the HEAD of the concern believes. Publicly, a top manager opposed the ban on oil importsand gas from RUSSIA. What is known about the departure of BASF, "None of these people should be a member of the BASF family," BASF chairman Martin Brudermüller said of those who support and do not condemn ...

Deliveries of goods from the United Statesin April 2022, a record low of $89 million was updated in RUSSIA. Shipments of cars, boats, and agricultural vehicles almost zeroed.RBC studied the latest trade statistics of the US and Russia After US exports of goods to Russia fell nearly fivefold in March 2......

The decision will affect approximately 400 employees. In March, the company suspended new sales in RUSSIA, but MICROSOFT emphasizes Microsoft will significantly reduce operations in Russia due to "a change in the economic outlook and a negative impact on business" in the country, BLOOMBERG reports citing an email newsletter. “We will continue to fulfill our existing obligations under contracts wit...

28 types of services and seven industries, including oil production, were subject to restrictions, gas, coal and metals,as well as the production of coke and chemicals CANADA has expanded sanctions against the Russian oil and gas and chemical industries, according to a statement from the Canadian Foreign Ministry. In particular, the provision of a number of services to Russian companies from these...

A plan to purchase fuel for reactors directly from manufacturers in the amount of $4.3 billion must be approved by Congress. According to the agency, The US Department of Energy is seeking congressional approval of a plan to buy enriched uranium directly from US producers in order to reduce imports from RUSSIA, BLOOMBERG writes, citing a source. According to him, it is proposed to allocate $4.3 bi...

The seller and the buyer are in the process of discussing the details of the calculations, they have no claims against Sberbank, they said. REUTERS previously reported Reports of Sberbank's problems with the conversion of rupees into rubles, due to which the Indian company Indian Potash allegedly cannot pay for Belarusian potash, do not correspond to reality, the press service of the bank told RBC...

The sixth package of EU anti-Russian sanctions included bans on the purchase of ALCOHOL and vegetable waste in RUSSIA, as well as on the sale of special chemicals to Russia.The total cost of these bans exceeds €900 million Last week, the European Union introduced the sixth package of sanctions against Russia, the central elements of which are an embargo on the import of Russian oil (with a ban on ...

According to a bilateral agreement concluded by the countries in 1998, Japanese fishermen could fish in the southern Kuriles within the quota,allocated by the Russian side in exchange for payments and assistance for the Sakhalin Region RUSSIA suspended cooperation with Japan in the fishing of marine resources due to the freezing of payments under a bilateral agreement and the "delay" with the sign...

US COURT issues arrest warrants for two planes linked to Abramovich believe that "Abramovich-related" aircraft were flown to RUSSIA in March in violation of US EXPORT sanctions.Their value is estimated at more than $400 million Roman AbramovichA federal court in New York has issued arrest warrants for two planes linked by US authorities to Russian businessman Roman Abramovich, BLOOMBERG reported. ...

The DOW JONES service, the largest aggregator of data on the imposed sanctions, began to terminate contracts with Russian banks, RBC learned.Without these lists, they cannot qualitatively monitor client operations and assess sanctions risks. Russian banks have a problem with obtaining compliance information about their customers - Western suppliers of data on sanctions lists in force around the wo...