Dollar

 
  • The Ministry of Foreign Affairs announced a reduction of up to 21% in mutual settlements in dollars by the EAEU countries
    According to the deputy head of the Russian Foreign Ministry, against the background of the growing geopolitical pressure of the "collective West", payments in national currencies between the EAEU countries reached about 75%,while dollar usage dropped to 21%Alexei Overchuk and Mikhail Mishustin at a meeting of the Eurasian Intergovernmental Council of the EAEU countries The use of the dollar in mu...
  • The Central Bank began to prepare for the scenario with the cancellation of exchange trading in the dollar
    If the National Clearing Center and the Moscow Exchange fall under sanctions, currency trading will be paralyzed. In this case, the Central Bank plans to create an analogue of Bloomberg - a platform The Bank of Russia is discussing with market participants how to determine the exchange rate of the ruble against the dollar and the euro if the National Clearing Center and Moscow Exchange fall under ...
  • Bloomberg reported that Russia defaulted for the first time since 1918
    According to the agency, the grace period for the payment of about $100 million in overdue payments on government bonds expired overnight.In Russia, the default was called “artificial” and many times they declared their 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 ...
  • Shares of Dollar General soared 17% after the release of the report for the quarter
    Macy's M $19.09 -1,19% Buy Target TGT$146.5 +4,05% Buy Dollar General DG$243.61 +1,28% Buy Shares of the American retailer Dollar General immediately soared 17.46% to $229.45 per share. As of 18:14, the shares have partially lost growth, reaching $219.17. This is evidenced by trading data on the New York Stock Exchange. Quotes began to rise after the publication of Dollar General operating results...
  • Central Bank Rate, Gazprom Dividends, NVIDIA Reporting: Investor's Digest
    The Central Bank will hold a meeting where it will make a decision on the key rate. The Board of Directors of Gazprom will discuss the payment of dividends for 2021. NVIDIA provided a negative outlook for the II quarter. notable events, On May 26, the Bank of Russia will hold an extraordinary meeting on monetary policy, where it will discuss the key rate. The Board of Directors of the Central Bank...
  • US bans Russia from servicing external government debt US
    Treasurydid not renew the license that allowed Western investors to receive debt payments on Russian sovereign bonds.This will again raise discussions abroad about the default of Russia Janet Yellen Генеральная лицензия Минфина США № 9С, которая разрешала держателям российских суверенных облигаций получать платежи в обслуживание и погашение этих бумаг, истечет 25 мая по времени Вашингтона (7:........
  • Emirates Airline cuts loss to $1.1bn in a year
    Delta Air Lines DAL $38.35 +5,42% Buy Spirit Airlines SAVE$17.19 +5,14% Buy American Airlines AAL$16.55 +7,12% Buy Dubai-based Emirates Airline posted a $1.1 billion loss for the year ended March 31. It is reported by CNBC. The company posted a $5.5 billion loss a year earlier. The carrier also said its revenue jumped 91% year-over-year to $16.1 billion. “2......
  • How to build a team: tips from mentor Steve Jobs and Sergey Brin
    How tech giants choose team members and distinguish "difficult" but high-performing employees from dangerous upstarts - in a chapter from the book "Trillion Dollar Coach" Billy Campbell has been called "a closely guarded secret of Silicon Valley": a former football coach became the CEO of Intuit, and then a famous coach. He was a personal mentor to Steve Jobs, Sergey Brin, Larry Page and other tec...
  • Rates in banks, oil and gas prices for rubles: investor's digest
    Top-10 deposit rates. From April 1, Russian gas will be sold to "unfriendly countries" for rubles. USAplan to supply oil to the market from strategic reserves. notable events, Moscow exchange - new The Bank of Russia has decided to conduct trading on the Moscow Exchange on April 1, 2022 in a mode similar to that established on March 31, 2......
  • China allowed the transition to payment in rubles for fuel supplies from Russia
    In the Chinese Foreign Ministrystated that, when making settlements, the parties can choose the currency based on their own needs. Chinese companies intend to actively use the yuan and rubles in trade with Russia Beijing is allowing a switch to payments in rubles or yuan in energy trade with Moscow to reduce costs due to currency exchange and avoid currency risks, the Chinese Foreign Ministry told...
  • The United States banned the supply of dollar bills to Russia
    March 11, Minsk. US President Joe Biden has banned the sale of dollar bills to Russia by his decree, RIA Novosti reports."It is prohibited to export, re-export, sell or supply directly or indirectly from the United States, as well as from US individuals or legal entities, regardless of their location of banknotes denominated in US dollars, to the government of the Russian Federation or to any pers...
  • How truckers protest in Canada. Photo report
    Rallies have been going on in the capital of Canada for a week now. The Freedom Escort movement began as a protest by Canadian truckers against mandatory vaccinations and has grown into protests against COVID restrictions and the Canadian government. How the actions are held in Ottawa and other cities - in the RBC photo report Photo: Blair Gable / Reuters Pictured: Protesters in Ottawa on February...
  • The economist named the main consequence of US sanctions for the US Sanctions will lead to a decrease in the role of the dollar as the world's reserve currency, says economist Branko Milanovic. According to him, the large-scale economic pressure of the Un
    to other countries undermines confidence in the US currency US-imposed sanctions lead to the fact that the role of the dollar in the global economy is declining, while the popularity of the yuan and the euro is growing. This was stated in an interview with RBC by an economist, leading researcher at the Stone Center for Socio-Economic Inequality of the City University of New York, professor at the ...
  • Why Danone and Savushkin Product are suing and who wins?
    The first dairy products manufacturer in the post-Soviet space Danone made a third attempt to collect compensation from one of the main competitors - Brest JSC "Savushkin Product". And suffered a third defeat - this time in the Russian Court of Intellectual Rights. Last week, this judicial institution in response to a cassation complaint of Danone Russia ruled that it is not subject to satisfactio...
  • The barrier's been removed. Russia has lifted restrictions on Belarusian beef.
    July 9, Rosselkhoznadzor abolished temporary restrictions on the supply of beef, produced by some Belarusian enterprises, to Russia. July 6, the movement of beef from Belarus through Russia was resumed, reported the press service of the EEC. The decisions were taken as a result of bilateral negotiations between Belarus and Russia. "Thus, we consider eliminated the barrier related to restrictions o...
  • "Take custody in the courtroom." The ex-director of Gomel's Milkavita has been sentenced to pay a bribe
    In Gomel, a sentence was passed on the former general director of the Milkavita company and a representative of the private enterprises Kormzhivservis and Standardagro, which supplied veterinary medicines to farms. The head of the dairy company received a bribe of $7.5 thousand from a businessman "for assistance in settling accounts receivable. The Prosecutor General's Office sent the Vtyurin case...