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The Accounts Chamber proposes to exclude frozen foreign exchange assets from the
NWFagainst Russia The Accounts Chamber has sent a number of proposals to the Russian government aimed at improving the safety of the National Welfare Fund (NWF), the agency's website says. “The control agency recommended analyzing the current structure of the NWF funds and making changes to it, providing for the exclusion of the share of funds placed in foreign currencies of states that have appli...
The United States threatened with sanctions violators of the global economic order
According to US Treasury Secretary Yellen, Russiaused economic integration as a weapon Janet Yellen The United States will impose tough sanctions against countries that violate the international economic order, US Treasury Secretary Janet Yellen said in a conversation with Reuters. “Economic integration has been turned into a weapon by Russia,” she stressed. According to her, now the United States...
Putin proposed to direct the income from duties from the sale of agricultural products to the development of the village
The President called the integrated arrangement and development of rural areas an absolute priority. Russian President Vladimir Putin proposed to channel the proceeds from export duties from the sale of agricultural products to additional financing of the rural development program. The head of state stated this on June 17, speaking at the St. Petersburg International Economic Forum. “An absolute p...
Schneider Electric sold the Russian business to the management team
Instead of Schneider Electric leaving Russia, Systeme Electric was created. It will continue to produce sockets, switches and systems for electrical substations, Russian management bought out the business of the French Schneider Electric in Russia and Belarus, Alexei Kashaev, who until recently was the president of Schneider Electric in Russia and the CIS, told RBC. On Monday, July 4, the parent c...
Australia to ban gold imports from Russia Sanctions against Russian gold imposed by the United States
, Canada and Japan. The European Union is working on similar restrictive measures, Australia will ban gold imports from Russia and impose sanctions on 16 Russian ministers, Prime Minister Anthony Albaniz said at a press conference in Kyiv, Reuters reports. The total number of Russians who are under the restrictive measures of Canberra will reach 843. The visit of the head of the Australian governm...
Clearstream blocked an account with Rosbank due to sanctions against Potanin
London imposed sanctionsagainst a businessman shortly after he acquired Rosbank from Societe Generale.Bank transactions in the UK must be closed by July 30 The clearing system Clearstream blocked its account with Rosbank due to British sanctions against its owner Vladimir Potanin. The Bank will no longer be able to receive income from securities issued outside of Russia and denominated in rubles. ...
The EU will ban the import of mixtures with Russian oil. What does it mean
Together with the embargo on Russian oilThe EU has also decided to ban mixtures containing oil from Russia. At the same time, it will be possible to supply oil products produced from it abroad to Europe. The European Commission has provided clarifications on the embargo on Russian oil, which was introduced in early June. According to these explanations, not only oil from Russia in its pure form wi...
Bloomberg learned about the work of the EU on sanctions against Russian gold
According to Bloomberg sources, the EU is working on new sanctions, including those aimed at Russian gold, in accordance with the actions of the G7 countries. Formerly USA, United Kingdom,Canada and Japan banned its import The European Union is working on new sanctions that will affect Russian gold, sources told Bloomberg. According to them, the work is being carried out in accordance with the act...
Experts assessed the impact of the pandemic on living standards in the regions
During the pandemic, the situation worsened in 49 out of 85 regions of Russia, an analysis of nine socio-economic indicators showed. The sanctions crisis that replaced the pandemic one The regions of Russia survived the covid crisis in different ways, and some of them did not have time to recover, having received a new blow from Western sanctions, follows from an article published in the latest is...
Antonov pointed to the crisis for the world due to sanctions against Russia
Anatoly Antonov US sanctions against Russia not only affect the American economy, but also exacerbate the global economic crisis. This was stated by Russian Ambassador to the United States Anatoly Antonov, commenting on the new restrictions, including on Russian gold. “The rupture of economic ties with Russia by the United States and its allies has aggravated the crisis phenomena in the global eco...
Experts assessed the impact of the pandemic on living standards in different regions
During the pandemic, the situation worsened in 49 out of 85 regions of Russia, an analysis of nine socio-economic indicators showed. The sanctions crisis that replaced the pandemic one The regions of Russia survived the covid crisis in different ways, and some of them did not have time to recover, having received a new blow from Western sanctions, follows from an article published in the latest is...
Antonov pointed to the crisis for the world due to sanctions against Russia
The US sanctions against Russia not only affect the American economy, but exacerbate the global economic crisis. This was stated by Russian Ambassador to the United States Anatoly Antonov, commenting on the new restrictions, including on Russian gold. “The rupture of economic ties with Russia by the United States and its allies has exacerbated the crisis phenomena in the global economy to the limi...
Macron and Scholz said that the G7 will continue to increase pressure on Russia
The West will continue to "increase the economic and political costs" of the Russian authorities, the leaders of Germany and France said following the G7 summit. Both Scholz and Macron noted Sanctions against Russia will remain in place for as long as necessary, French President Emmanuel Macron said at a press conference following the G7 summit in Elmau, BFM TV reports. “Russia must not win..........
G7 announced its intention to reduce Russia's income from the sale of gold
The G7 will continue to look for new ways "to isolate Russia from world markets," the group said.Also, the G7 will explore options for providing assistance to Ukraine using frozen Russian assets. The G7 will cut Russia off from participation in world markets, limit its income, including from gold, the leaders of the participating countries say in a joint statement. “We will continue to explore new...
A large meat processing plant will promote Kazakhstan in the ranking of world producers
Kazakh meat producers are ready to take a big step to move into the top meat players in the world, ex-Minister of Agriculture Asylzhan Mamytbekov told a Kapital.kz correspondent. The barrier to this is the government's ban on the export of cattle, he notes. "A large foreign investor does not come into meat processing, because uninterrupted supplies of cattle of stable quality are needed for profit...
The United States expressed disappointment with the impact of sanctions against Russia
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...
Ministry of Agriculture and Food: in modern conditions, Belarus can export food at competitive prices
Topic newsthemesthemes June 23, Minsk. Belarus will be able to restrain inflationary processes by exporting food products at favorable prices for us. Deputy Minister of Agriculture and Food Vadim Shagoiko said this during a meeting of the BelTA project on the topic "The global economic crisis and food shortages", BelTA has learned. “Given the fact that the global food crisis is brewing, Belarusian...
Gref warned about unprofitability of the banking sector this year
Sberbank, like the entire Russian banking sector, showed record profits last year. According to the head of the bank, if the banking sector "works to zero" this year, With a high degree of probability, the Russian banking sector will suffer losses this year, and it will be an excellent result if it “works to zero”. This was stated by the head of the bank, German Gref, in an interview with the Russ...
The United States did not rule out that sanctions against Russia could become excessive
According to Washington, despite “thousands of sanctions,” Moscow is likely toearns more profits due to rising fuel prices The United States is concerned that anti-Russian sanctions imposed against the backdrop of a special operation in Ukraine may become excessive, Deputy Treasury Secretary Wally Adeyemo said during a speech at a congressional hearing broadcast by C-SPAN. “In the United States al...
The Ministry of Finance in connection with the sanctions classified budget expenditures in areas
The Ministry of Finance published only the total amount of executed expenses, refusing to provide data for specific areas,including under the section "National Defense" The Ministry of Finance decided to limit the distribution of budget reporting due to Western sanctions, the ministry's press service told RBC. “In connection with the pressure exerted by the United States , the EU, Great Britain an...
USA: Beef exports top $1 billion again
US beef exports in April topped $1 billion for the third month in a row. Beef exports in April were 124,408 metric tons, up 3% from a year ago, the fifth-highest on record, while the value of exports rose 33% to $1.05 billion, trailing only a record $1.07 billion recorded in March, according to data released by the USDA and compiled by the US Meat Export Federation (USMEF). Beef exports were marke...
EU bans affect €900m trade in oilcake and chemicals with Russia
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 ...
Chelyabinsk farmers will save 184 million rubles after reducing the agricultural tax rate
Support for agricultural enterprises in the Chelyabinsk region will continue in the coming years, so for 2022-2023 it is proposed to maintain a reduced rate on the unified agricultural tax, as well as zero it for attracting personnel to the countryside, so farmers will be able to save more than 180 million rubles, the press reported. regional government service. Earlier, the head of the region, Al...
USA: Week 22 Pig Market Review 2022
Pig futures on the Chicago Mercantile Exchange (CME) posted strong gains on Wednesday to maintain a short-term uptrend in prices on the daily charts. This suggests that the path of least resistance for prices will remain in an upward trend in the near future. The CME hog price index fell 24 cents on Wednesday (as of May 31) to $1......
Spiegel estimated the consequences of the oil embargo for Russia and Europe Analysts interviewed by Spiegel believe that the embargo will reduce Russia's oil
revenues in the long termand inflation continues to rise in Europe. But they allow Due to the ban on oil imports from Russia, which the European Union introduced as part of the sixth round of sanctions, inflation in Europe will continue to rise, this will hit European consumers and businesses, Guntram Wolf, head of the Brussels-based think tank Bruegel, told Der Spiegel. “Inflationary pressure wil...
Patrushev allowed the restructuring of the economy thanks to the opposition to sanctions
The Security Council is preparing measures aimed at blocking attempts by Western countries to provoke an economic crisis in Russia. Effective opposition to sanctions will allow for a structural restructuring of the economy, Countering the sanctions pressure of foreign countries will allow for a structural restructuring of the Russian economy, said Nikolai Patrushev, Secretary of the Russian Securi...
Experts assessed the long-term effect of sanctions on the Russian economy Sanctions
will deduct 1-1.5% annually from Russia's GDP growth rates in the long term - until 2030, according to experts interviewed by the National Research University Higher School of Economics. Incomes of the population will not keep up with the growth of the economy, Долгосрочный эффект санкций будет выражен в торможении темпов роста российского ВВП на 1–1,5% в год, свидетельствуют результаты консенсус-...
Bloomberg learned about Hungary's demand to exclude the head of the Russian Orthodox Church from sanctions
Hungary after the conditions on the oil embargo again delays the adoption of the sixth package of EU sanctions with the demand not to impose restrictions on Patriarch Kirill, Bloomberg learned.Budapest explained this as a matter of religious freedom Patriarch Kirill Hungary has demanded that Patriarch Kirill of Moscow and All Rus' be removed from the proposed sanctions list, Bloomberg sources fami...
Why the ban on insurance of tankers with Russian oil is dangerous
The EU, in addition to the decision on the oil embargo, agreed with London on a ban on insuring the transport of fuel from Russia. This measure can hinder the supply of Russian oil to third countries. RBC figured out The European Union agreed with the UK to strengthen the European embargo on the import of Russian oil by banning insurance on the transportation of Russian fuel around the world. This...
The Federal Tax Service extended the moratorium on blocking accounts of debtors
The Federal Tax Service decided to extend the ban on blocking the accounts of companies with debts for a month. The moratorium will be valid until July 1, and after its expiration, the debtors will have another two weeks before the suspension of operations, The Federal Tax Service (FTS) extended until July 1 its moratorium on decisions to suspend operations on bank accounts when collecting funds f...

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