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EU authorities announced the freezing of Russian assets for €207 billion
Since the beginning of the special operation, the EU countries have frozen €207 billion of Russian assets, including the assets of the Central Bank, the European Commission reported. The EC is currently discussing the possibility of using the proceeds from these funds to rebuild Ukraine Didier Reynders The amount of Russian assets frozen after the start of the special operation by the EU countries...
FT learned about the proposal to create a subsidiary of Rosselkhozbank for SWIFT
The state-owned Rosselkhozbank has been disconnected from SWIFT for more than a year, Russia demands reconnection as a condition for extending the grain deal. The EU is considering the possibility of allowing the bank to create a "daughter" to connect to the system The European Union is studying a proposal from Moscow, according to which Rosselkhozbank (RSHB), which is disconnected from the SWIFT ...
Opportunities for British Red Meat in the Middle East
The latest study examines consumer buying behavior for red meat in the Middle East, including the UAE, Saudi Arabia and Kuwait. In an online survey, over 2,000 consumers were asked about their top motivations for buying beef and lamb. The work is part of a global study and builds on previous studies in North America, Southeast Asia and the EU . Quality was consistently one of the priorities in all...
Exports of meat and fish from the UK to the EU have almost halved since Brexit
The data shows a sharp decline in food trade, raising concerns about the impact of Brexit ( UK exit from the EU ) on the economy. The Labor Party is calling for a new veterinary deal with Brussels to ease the burdensome bureaucracy faced by British companies trading with EU member states. The disruption to trade has led to job losses, rising prices and a threat to food security, according to Labou...
EU pig farming on the brink
“We are going blind,” said Err Carol Joliffe, who breeds pigs in Brittany. “We would like to invest, but we don’t know where we are going.” Pig prices rose sharply in Europe last year as production declined due to high grain and energy prices. But unlike previous cycles, European pig producers have been slow to resume production despite record prices this year that have restored profitability to m...
Russia's permanent representative spoke about the risks for EU energy security due to sanctions
Sanctions from the 11th package, which create obstacles to the supply of Russian oil to the international market, create risks for the energy security of the European Union, Kirill Logvinov, acting Russian permanent representative to the EU , told Izvestia . “Additional barriers to Russian supplies of oil and oil products to the international market only increase the risks for European energy secu...
Organic farming in the EU continues to grow
Between 2012 and 2021, the area used for organic farming has increased in almost all EU countries . The area nearly quadrupled in Portugal (+283%) and Croatia (+282%), the sharpest growth in the EU. The figure also grew rapidly in France (+169%) and more than doubled in Hungary (+125%) and Romania (+1......
After the 11th package of sanctions, the Foreign Ministry accused the EU of an economic blockade
The goal of the 11th EU sanctions package is to achieve a long-term economic blockade of Russia. This was stated by the Acting Permanent Representative of Russia to the European Union Kirill Logvinov, TASS reports . “With the adoption of the 11th sanctions package, the economic war unleashed by the European Union and its member countries against Russia has reached a qualitatively new level,” he sa...
"Yachta Mordashov" headed to Vladivostok
The Nord yacht, which is likely owned by the sanctioned Severstal shareholder Mordashov, is heading to Vladivostok. The vessel did not turn on the transponder for eight months, and in June it gave a signal from the Indian Ocean Yacht Nord The yacht Nord, which may be owned by Russian businessman Alexei Mordashov (fifth place in the Russian Forbes rating , worth almost $ 21 billion, owner of Severs...
Putin extended the decree on retaliatory measures to the oil price ceiling
Price ceiling for RussianWestern countries introduced oil and oil products in the winter. In December, Putin banned deliveries if the contracts include a price limit. This rule will remain in effect until the end of the year. President Vladimir Putin amended his December Decree on retaliatory measures to impose a price ceiling on Russian oil and petroleum products, extending it until December 31 t...
The firm connected with the leader of "New people" became interested in "Yandex"
Among the possible contenders for a stake in Yandex is a company associated with politician Alexei Nechaev, RBC learned. But the foreign directors of Yandex are not ready to support the deal with the sanctioned person, and she herself is questionable Aleksey Nechaev If the discussed section of "Yandex" takes place, then the pool of investors interested in acquiring shares in the capital of the Rus...
Politico learned about the unwillingness of the EU to punish third countries for helping Russia
As part of the 11th package of sanctions, the EU announced the creation of a mechanism of restrictions against third countries for helping Russia. Politico writes that it was decided to use this mechanism only "as a last resort", preferring diplomacy The European Union, as part of the 11th package of anti-Russian sanctions, announced the creation of a mechanism of restrictions against third countr...
Kyiv made the Chinese Geely in the list of "sponsors of the war"
Kyiv has blacklisted the Chinese automobile company Geely because of its refusal to withdraw from Russia. Earlier this list also included Raiffeisen Bank International, Auchan Holding and sweets manufacturer Mondelez International. The National Agency for the Prevention of Corruption (NAPC) of Ukraine has included the Chinese car manufacturer Geely in the list of "international sponsors of the war...
UK extends sanctions against billionaire Pumpyansky
New restrictive measures include a ban on the arrival in Britain of aircraft and ships associated with a businessman. Pumpyansky has been under UK , EU and US sanctions since spring 2022 Dmitry Pumpyansky British authorities have expanded restrictive measures against Russian billionaire Dmitry Pumpyansky, follows from an update in the UK sanctions list dated June 23. Aircraft and vessels associate...
What hinders the development of economic cooperation between Russia and China
Economic interaction between Russia and China has increased significantly after the outbreak of hostilities in Ukraine , according to a joint report by experts from the two countries. However, the parties need to solve a number of problems for its development The Ukrainian conflict and the aggravation of contradictions between Russia and the "global West" led by the United States had a decisive in...
Peskov urged to wait for details on a new package of EU sanctions
Dmitry Peskov Press Secretary of the President of Russia Dmitry Peskov refrained from commenting on the topic of a new package of EU sanctions against Russia, RBC correspondent reports. “Some details have appeared, but so far it has not been published in detail. Let's wait, get acquainted, then we will judge,” he said. A new package of sanctions was adopted earlier on June 23. The EU b...
Lapin and PMC Wagner Center fell under EU sanctions
Under the new EU sanctions were 71 people and 33 structures. Among them are the governors of the Voronezh region, Krasnodar and Stavropol regions, two banks operating in the DPR and LPR, as well as Positive Technologies Alexander Lapin The European Union included in the 11th package of anti-Russian sanctions the Chief of the General Staff of the Ground Forces of the Russian Armed Forces, Colonel-G...
Zakharova remembered the experiment with cheese after the new EU sanctions
New EU sanctions against Russia, which include a ban on the export of luxury cars, electric and hybrid cars to the country, will lead to the growth of the Russian car industry. This was stated in the telegram channel by the official representative of the Russian Foreign Ministry Maria Zakharova . “Except for the inevitable growth of the domestic auto industry, including the use of Chinese co...
Experts named bottlenecks in economic cooperation between Russia and China
Economic interaction between Russia and China has increased significantly after the outbreak of hostilities in Ukraine , according to a joint report by experts from the two countries. However, the parties need to solve a number of problems for its development The Ukrainian conflict and the aggravation of contradictions between Russia and the "global West" led by the United States had a decisive in...
The EU made an exception for the Budapest metro from the sanctions against Russia
Hungary, as an exception to the sanctions, was allowed to cooperate with the Russian "Metrovagonmash" to service the Budapest metro cars. The company has been producing and modernizing carriages for the metro of the Hungarian capital since 1970 The EU will allow Hungary, as an exception to existing anti-Russian sanctions, to work with the Russian Metrovagonmash (MVM, part of Transmashholding JSC) ...
Dividend payments to foreign companies fell three times
In 2022, Russian companies transferred ₽1.1 trillion in dividends to foreign shareholders, almost three times less than in 2021. Investors from the USA accounted for the most , and dividends to Cyprus fell three times, follows from the data of the Federal Tax Service At the end of 2022, the amount of dividends payable to foreign organizations amounted to RUB 1.1 trillion. This is almost three time...
British Foreign Office allowed the restoration of Ukraine at the expense of Russian business
Russian businessmen should finance the reconstruction of Ukraine, says British Foreign Secretary Cleverley. Moscow has previously been skeptical about such initiatives James Cleverley British Foreign Secretary James Cleverley believes that Russian businessmen should finance the restoration of Ukraine. He expressed this opinion at a joint press conference with US Secretary of State Anthony Blinken....
Spain: Multidrug-resistant bacteria found in 40% of meat samples in supermarkets
Antibiotic resistance is reaching dangerously high levels worldwide. Drug-resistant infections kill an estimated 700,000 people a year worldwide, and this figure is projected to rise to 10 million by 2050 if no action is taken. The World Health Organization (WHO) classifies antibiotic resistance as one of the biggest threats to humanity. Multidrug-resistant bacteria can be transmitted from animals...
Argentina has mastered its quota for the supply of beef to the EU and the UK
Hilton's 2022/23 quota has been fully utilized, with sales of 29,500 tons generating US$310 million in foreign exchange revenue, according to the Department of Agriculture . The agricultural portfolio showed that this is the highest match in the last five years. In the case of the previous cycle, there was a balance of 1,288 tons that could not be sold. The average cost of high-quality boneless cu...
London decided to maintain sanctions until Russia pays compensation to Kyiv
London will also invite sanctioned Russians who claim support for Ukraine to voluntarily donate their frozen funds to rebuild the country, but without the guarantee of sanctions lifting James CleverlyThe UK has submitted a bill that would allow it to maintain sanctions against Russia until it pays compensation to Ukraine , Reuters reports . "Ukraine's needs for reconstruction are enormous and will...
Incomes of duty free operators in Sochi and Vnukovo grew despite sanctions
Permission to sell duty free goods to passengers flying from Russia to the EAEU countries and savings on uniforms helped some airport stores increase revenue in 2022. But against the backdrop of the growth of Pulkovo, Sheremetyevo suffered The revenue of the largest operator of duty-free shops (duty free), which is part of the international group Dufry, showed an increase at Vnukovo Airport in 2.....
Incomes of duty free operators in Sochi and Vnukovo grew despite sanctions
Permission to sell duty free goods to passengers flying from Russia to the EAEU countries and savings on uniforms helped some airport stores increase revenue in 2022. But against the backdrop of the growth of Pulkovo, Sheremetyevo suffered The revenue of the largest operator of duty-free shops (duty free), which is part of the international group Dufry, showed an increase at Vnukovo Airport in 2.....
Banks reported problems with the transfer of yuan to the EU and the US
Russian banks faced a ban on making transfers, in particular in yuan, to Europe and the United States through the Chinese Bank of China . The share of such shipments is small, but private investors and businesses could use them , experts say The Chinese Bank of China has limited the conduct of foreign currency transfers from Russia to the banks of the European Union, the USA, Great Britain and Swi...
Kursk region exported more than 170 thousand tons of goods controlled by the state veterinary supervision
The number of export lots increased by 3 times compared to the same period last year. The bulk of the exported products were feed additives of plant origin. Thus, more than 139 thousand tons of feed additives of plant origin (granulated soybean casing, beet pulp, sunflower, soybean, linseed and rapeseed meal) were sent to Belarus , Latvia, Lithuania, Poland and Serbia. The number of export deliver...
Shuvalov urged businesses to leave the crisis behind and create
According to the head of VEB.RF, Igor Shuvalov, now there are “all prerequisites and opportunities for the development of the Russian economy” Igor Shuvalov (foreground) Crisis phenomena for Russia are a thing of the past, now the country is in new realities, and it is from this position that development strategies should be approached. This opinion was expressed by VEB.RF Chairman Igor Shuvalov a...