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The European Commission confirmed that the scheme of paying for Russian gas in rubles is contrary to the EU sanctions regime.One of the options proposed by the European Union is to consider only the transfer of currency to Gazprombank as the fulfillment of payment obligations The European Commission confirmed that the new scheme approved by Russia for payments in rubles for Russian gas by companie...

"Tank" - a monument to Soviet soldiers on Victory Square in Zhytomyr, Ukraine. Archive photo The Soviet T-34 tank in Ukrainian Zhytomyr is being dismantled on May 9 from the pedestal on Victory Square, Mayor of the city Sergey Sukhomlin said in a video message on Facebook (the company that owns the Meta social network has been recognized as extremist and banned in Russia). “Regarding the so-called...

The company failed to pay coupons,because against the backdrop of sanctions, the payment agent of Citibank in New York refused to make a payment to Severstal CHMF₽1 058 +1,24% Buy MMK MAGN$41.88 +0,42% Buy NLMK NLMK$157.24 +1,45% Buy The Russian steel company Severstal has asked holders of Eurobonds maturing in 2......

banned the entry of 29 Americans for the formation of a "Russophobic agenda" and 61 Canadians - they were considered by the Foreign Ministry to be involved in the development of the "Russophobic course of the ruling regime in Canada."Restriction imposed indefinitely Mark Zuckerberg Russia has imposed sanctions against the founder of the Meta company (recognized as extremist and banned in Russia) M...

The UK will no longer be able to import silver and high-quality products, including caviar.The British government expressed hope for "economic pain" due to the measures taken and the reduction in funding for the "war machine" The UK authorities will expand the list of goods prohibited for import from Russia, it will include silver, wood products and high-quality products, including caviar. This wa...

The leaders of all member countries of the forum, including Russian President Vladimir Putin, were invited to the G20 summit. This was announced by the head of the Ministry of Finance of Indonesia, Sri Mulyani Indravati, writes the Ekonomi edition. “Already all the countries in the G20 have received their invitations,” the head of the department said, speaking at a seminar at the spring session of...

concert Failed to reschedule the concert The DDT group refused to play at the site in Tyumen, where they drew the letter Z, which is used as a symbol of support for the Russian military operation in Ukraine, group leader Yuri Shevchuk said in an interview with journalist Alexander Plyushchev on his YouTube channel. “Maybe they decided to ban our concert because we changed the hall. We had a ...

Chinese pig producers should return to profit in the third quarter after more than a year of heavy losses that have eroded rural incomes and reduced demand for some feed ingredients. However, there are some uncertainties, Yang Zhenhai, director of the Bureau of Animal Husbandry and Veterinary Medicine under the Ministry of Agriculture and Rural Affairs, said at a media briefing without elaborating...

Agricultural holding KSG Agro in March increased sales of pigs by 3% compared to February 2022, the press service of the holding reported. Agricultural holding KSG Agro in March increased the volume of sales of pigs by 3% compared to February 2022 - from 6,080 to 6,247 heads. The main factor that influenced the increase in sales volume month by month was the increase in the number of pigs by 5.......

On April 20 of this year, public discussions of the results of law enforcement practice, guidelines for compliance with the mandatory requirements of the Office of the Rosselkhoznadzor for the Republic of Mordovia and the Penza Region for the first quarter of 2022 were held in the form of a video conference in the city of Saransk in the format of a video conference. The event was chaired by the De...

Due to a disruption in logistics, Russian clothing factories are faced with a shortage of buttons, said the head of the Central Bank, Elvira Nabiullina. According to her, Because of the sanctions, Russian garment manufacturers faced difficulties in acquiring sewing accessories, including a shortage of buttons. This was stated by the head of the Central Bank Elvira Nabiullina, speaking in the State...

The IT corporation put investment on pause and withdrew its forecast for 2022 due to the consequences of the geopolitical and economic situation,sanctions and suspension of trading on the NASDAQ The parent company of Yandex, Yandex NV, registered in the Netherlands, has suspended investments in Russia and abroad due to “geopolitical tensions” and the consequences of sanctions, follows from the com...

Under the personal sanctions of the UK also fell the head of the developer of hypersonic missiles "Zircon" Obnosov, the first deputy head of the FSB Korolev and a number of high-ranking military officers.The Russian Foreign Ministry promised a tough response to London The UK has added 26 more Russian citizens and companies to the sanctions list, follows from a document published on the website of ...

sanctions listEU because of Ukraine. The list makers believe The European Union has included in the sanctions lists of businessmen Yevgeny Prigozhin and Sergey Kurchenko in the sanctions lists because of Ukraine. This is reported in the Official Journal of the EU. “The Council of the EU considers that two individuals should be added to the list of persons, organizations and structures subjec.........

The reduction of the discount rate of the Central Bank was another sharp change in the financial rules of the game that took place in Russia in a very short time. In a situation of extreme instability, some Russians have chosen the strategy of withdrawing funds from bank and brokerage accounts and keeping them “under the mattress”. However, such a path will inevitably lead to a strong depreciation...

The agro-industrial complex of Russia has experience in import substitution, but state support is required for stable operation in the new economic conditions. The industry will be helped by cost compensation and the development of domestic technologies, The agro-industrial complex of Russia began to actively work on import substitution since 2......

About 25 billion rubles of investments will be invested in the restoration and modernization of two places of accommodation in Sochi - the Volna sanatorium and resort complex and the Kristall boarding house. The head of Sochi Alexei Kopaygorodskoy announced this in his Telegram. “The investor plans to invest in the reconstruction of the historical ensemble of the Volna health resort complex and th...

General Director of the National Union of Beef Producers Roman Kostyuk at the XVI International Conference “Mixed Feed - 2022” spoke about beef cattle breeding as one of the promising drivers for the development of rural areas. The growth of this segment, according to the expert, is hindered by the unwillingness of businesses to invest in it, despite the fact that there is potential for beef cattl...

At the end of 2021, the taxi market was able to recover from a failed pandemic year. But this year, analysts expect a new fall, In 2021, the volume of the legal taxi market reached 820 billion rubles, according to a study received by RBC from the Analytical Center under the Government of Russia. It follows from it that in 2......

The sanctions imposed against Russia were designed to minimize damage to the global economy. This is stated in a joint statement of the G7 countries (Great Britain, Germany, Italy, Canada, France, Japan and the USA ), following a meeting of the heads of financial departments and central banks of the association. “We have designed our sanctions to be targeted in order to minimize harm to third coun...

Compensation for partial wages in the organization of temporary employment of employees under dismissal,will increase the size of the minimum wage The Ministry of Labor and Social Protection of Russia intends, in the face of sanctions pressure, to compensate employers for the costs of partial wages in case of temporary disability at the rate of one minimum wage per employee. This is stated in the ...

The US sanctions are becoming more and more absurd, they testify to Washington's desperation due to "the inability to bend Moscow to its will." This is stated in a message published on the Telegram channel of the Russian Embassy in Washington. “It’s time to understand that we can’t be intimidated by restrictions. The goals and objectives of the special military operation in Ukraine will be fulfill...

Moscow State University scientists presented a short-term forecast for the development of the situation in the subjects of the Federation Because of the sanctions, Russian regions and cities with a large proportion of people employed in the manufacturing industry will suffer the most, experts predict. Less crisis will affect the Far Eastern and Siberian regions, The main risks for the Russian regi...

The Belgian-Turkish company AB InBev Efes may acquire the brewing company from Carlsberg,which in Russia produces "Siberian Crown" and "Klinskoye" The Baltika brewing company may be sold to the Belgian-Turkish joint venture AB InBev Efes, Kommersant writes, citing sources. Now Baltika (which also produces beer Baltika, Arsenalnoye, Zatecky Gus) is owned by the Danish Carlsberg, which at the end of...

Rosgeo was forced to leave the project in the Mediterranean due to sanctions, on which it completed almost a third of the work, Gorkov said. For African and Asian projects, the holding does not expect failures, Against the backdrop of sanctions, Rosgeologiya was denied participation in two projects in the North and Mediterranean Seas, but the holding does not expect such refusals for projects in A...

VTB Bank paid the coupon on Eurobonds in rubles, dividing it into two tranches - the part that was due to investors from countries unfriendly to Russia turned out to be blocked.Previously, the Ministry of Finance applied a similar scheme for paying debts. VTB was the first Russian corporate issuer to settle foreign currency Eurobonds under a new scheme - with the division of payments to residents ...

Washington expanded the sanctions list against the Russians. Among those sanctioned - Deputy Heads of the Central Bank Ksenia Yudaeva and Mikhail Alekseev,the management of FC Otkritie Bank and the son of entrepreneur Konstantin Malofeev Mikhail Zadornov The US has imposed sanctions on 29 individuals and 4......

The British Imperial Brands, which manufactures and sells tobacco products, announced the transfer of its business in Russia to local investors. The statement was published on the corporation's website. Imperial Brands today announces the transfer of its Russian business to investors based in Russia. Cigarette manufacturer Davidoff suspended work in Russia Business The company expects that the tra...

The Ukrainian side disrupted the evacuation operation from the territory of the Azovstal metallurgical plant. This was stated by the head of the Russian Interdepartmental Coordination Headquarters for Humanitarian Response in Ukraine Mikhail Mizintsev, RBC reported. “The humanitarian operation by the Kyiv authorities was cynically disrupted, no one used the indicated corridor. The commanders of th...

The owners of a large meat producer, KoPitania Group of Companies, which was part of the Ru-Com group of ex-Minister for Open Government Mikhail Abyzov, put the business up for sale. Finding one buyer at once for all enterprises with a capacity of more than 60 thousand tons of pork, 40 thousand tons of poultry meat and 6......