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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......

Prices for meat and poultry in Bashkiria in March 2022 increased from 3% to 8.8%. Sausage products have risen in price by 4.7–6.2% over the same period. This was reported by the Territorial body of the Federal State Statistics Service for the Republic of Belarus (Bashkortostanstat). Compared to the leaders of growth - vegetables and sugar - the retail price of meat products grew moderately. This i...

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...

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...

During the meeting. Photo by the press service of the concern "Belgospischeprom" April 21, Minsk. In the first quarter, Belgospischeprom increased production by almost 14.7% compared to the same period last year, the concern's press service told BelTA following a meeting of the concern's council with the participation of Deputy Prime Minister Leonid Zaits. "Sanction pressure on Belarus is constant...

French presidential candidate, chairman of the National Association Marine Le Pen called Russia's military actions in Ukraine unacceptable and supported sanctionsregarding the country during a televised debate with Emmanuel Macron.* Marine Le Pen Russia's military actions as part of a special operation in Ukraine are unacceptable, said French presidential candidate, chairman of the "National Assoc...

Topic news April 20, Brest. The monitoring of prices for basic foodstuffs once again demonstrates the social orientation of state policy. Anatoly Dashko, deputy of the House of Representatives, told journalists about this after visiting one of the shops in Brest, BelTA has learned."Monitoring once again showed how our state and population live under sanctions. There is no excitement in the trading...

The pace of the sowing campaign this year is higher than last year, and farmers are provided with unprecedented state support measures. Their implementation, as well as the course of spring field work, were discussed today at a meeting of the operational headquarters of the Ministry of Agriculture of Russia, which was chaired by the Minister of Agriculture Dmitry Patrushev. He noted that at presen...

To make foreign trade transactions, the Federal Tax Service proposed to allow companies to use cryptocurrency, Izvestia writes. Ministry of Finance, according to the newspaper, Russian companies may be offered to be allowed to pay for export-import operations in cryptocurrency. Such a proposal was made by the Federal Tax Service (FTS) when discussing the bill of the Ministry of Finance "On digital...

Gazprom Neft SIBN ₽384.1 -0,18% Buy LUKOIL LKOH₽4 455.5 -0,66% Buy Rosneft ROSN₽396.7 +3,04% Buy India doubles purchases of Russian oil despite US warnings . It is reported by Bloomberg. The agency notes that the country is buying all the main grades of oil from the OPEC + producer - from the flagship oil Urals to the Siberian oil brand ESPO. State-run refiners are now looking at private deals ins...

According to the agency, Italy will refuse to pay for gas in rubles,if the European Union considers this a violation of the sanctions imposed against Russia Italy will refuse to comply with the new payment terms for gas demanded by Moscow if the European Union recognizes these actions as a violation of anti-Russian sanctions. It is reported by Bloomberg, citing sources familiar with the situation....

The Japanese technology company Toshiba announced its exit from the Russian market.The company motivated this decision by the situation in Ukraine The Japanese corporation Toshiba is suspending orders and investments in Russia due to the situation in Ukraine, according to a statement on the company's website. “In response to the situation in Ukraine, the Toshiba group has suspended taking or.........

Russian companies with structures abroad should think about changing jurisdiction due to sanctions, consultants advise. Among the options are the UAE, Shanghai and "Russian offshores". Russian businesses that have foreign structures or work with foreign suppliers have faced a number of problems due to sanctions - from logistics to difficulties with the movement of capital, according to an EY revie...

The company will temporarily continue to produce tires for passenger cars,to protect workers from possible "criminal consequences" in case of a complete stoppage of work German tire manufacturer Continental has temporarily resumed production of passenger car tires at its plant in Kaluga, Reuters reports. This was done in order to protect workers, the company explained. "Our employees and managers ...

The Pegas oil tanker was detained in Greece after the imposition of sanctions by the European Union prohibiting Russian ships from entering European ports. The Greek Coast Guard stressed that the ship itself was detained, In Greece, the Russian tanker Pegas, which was in the Aegean Sea, was detained due to restrictive measures against ships from Russia. This is reported by The Washington Post, cit...

Recently, a large number of companies producing popular goods have left the Russian market. But in categories such as electronics, clothing and cosmetics, Russiadependent on imports. RBC Trends analyzed the situation Which brands left Russia and whether it threatens with a shortage of goods The list of companies that have left the Russian market is quite large and continues to grow. From the techn...

In Russia, over the past day, 8,640 cases of COVID-19 have been detected with 3,462 hospitalizations, the operational headquarters reports. This is the minimum daily increase in new cases of coronavirus since May 31, 2021, when 8475 cases were detected. The largest number of cases of COVID-19 was detected in St. Petersburg - 624 people, in second place - Moscow (416 people), followed by the Vorone...

The volume of products imported into the country decreased by 42% compared to the same month in 2021. In March , China imported 594,000 tons of meat, down 42% from last year's record. Meat imports in the first three months of this year, which amounted to 1.7 million tons, fell by 37% compared to the same period last year. Preliminary figures do not provide specifics on meat imports by category, bu...

Employees of the All-Russian State Center for the Quality and Standardization of Medicines for Animals and Feed analyzed the data of the state information system in the field of veterinary medicine (component "Argus") and obtained the following results: from April 11 to April 17, more than 41 thousand tons of regulated products were imported into the Russian Federation . Product type Import, tons ...

German suppliers, who, due to sanctions, refused to order important components for technological equipment to the Veles meat processing plant in Kurgan, will continue to supply components. Money turned out to be more important than prohibitions, said Dmitry Iltyakov, general director of the enterprise. “The euro exchange rate returned to its place, all suppliers immediately changed their shoes. Pe...

A structural decline in China's pork consumption, driven by the country's changing demographics as well as health concerns and rising incomes, will benefit the seafood industry, according to Bu Rui Ke, a research consultancy. However, the firm found that seafood is facing a battle with beef to become the protein of choice among China's fast-growing, higher-income middle class. Average per capita p...

Yaroslavl florist Ksenia Kubryakova started growing domestic flowers to replace imported ones. She completed free online training at the Synergy University in the field of Crop Production as part of a federal project for comprehensive support and support for novice farmers. She received the status of self-employed, bought land in the village of Medyagino, Yaroslavl district, and built a year-round...

In Kabardino-Balkaria, the spring laying of perennial fruit and berry plantations has entered an active phase. This year, as in the previous year, it is planned to plant at least 1,500 hectares of perennial plantings. The first 280 hectares have already been planted. Kabardino-Balkaria is one of the leading regions of the country in terms of the establishment of intensive and super-intensive peren...

The problems faced by dairy producers against the backdrop of sanctions “reach the point of absurdity,” Arkady Ponomarev, the founder of the Vkusnoteevo brand, admitted. For example, The dairy industry is more exposed to risks than other sectors of the agro-industrial complex (AIC) due to new sanctions that the West imposed against Russia after the start of a special operation in Ukraine, analysts...

The Central Bank and 17 other Russian banks fell under the restrictions. Earlier, New Zealand imposed sanctions against the top leadership of Russia. New Zealand authorities have imposed sanctions on 18 Russian banks and financial institutions because of the situation around Ukraine, according to the website of the country's government. “New Zealand is imposing sanctions on 18 financial institutio...

At the Business and Government section of the XXX Moscow International Veterinary Congress, Executive Director of the Association of Veterinary Pharmaceutical Manufacturers (AVPHARM) Semyon Zhavoronkov spoke about the main challenges facing the veterinary drug market in the current conditions, as well as the risks of new and existing legislation in this area. “Our association stands for the preser...

On April 14, Deputy Prime Minister of the region Artem Nikitin held a meeting on the construction of an Agrotechnopark in the Ryazan region, the press service of the regional government writes. He said that active cooperation has been established with investors, a number of meetings have been held. The proposed project opens up new opportunities for integrating artificial intelligence into agricul...