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First broker from Pakistan accredited at BUCE
August 17, Minsk. The first exchange broker from Pakistan has been accredited at the Belarusian Universal Commodity Exchange, BelTA learned from the press service of the BUCE. The first Pakistani broker accredited to work on the BUCE electronic platforms was AP Sakafat Forever, which has been participating in export exchange trading in sawn products since December 2......
FT learned about EU requests to Turkey to explain trade with Russia
EU countries, which are concerned about the growing cooperation between Ankara and Moscow, began to contact the Turkish authorities on this issue. They are worried that Turkey can help Russia bypass the imposed sanctions Some EU countries have begun to turn to Ankara with inquiries regarding the growing trade turnover between Russia and Turkey, writes The Financial Times. European officials are ir...
Carpets and products. Market in the town of Razzakov (Isfana) Kyrgyzstan. Oriental Bazaar - everything is here!
AgroExpedition in Kyrgyzstan was organized by farmer Abdiraimov Pardavai Nazyrovich (+996 770 000 102). We express our gratitude to the friendly and close-knit employees of the Microcredit Company "Bailyk Finance" for supporting AgroExpedition. pionerprodukt.by continues to publish videos from the AgroExpedition "Agriculture of Kyrgyzstan". In this video, we will visit the market and talk with sel...
Demand for cards of CIS banks has grown sharply after the departure of Visa and Mastercard
In April-June 2022, in countries neighboring Russia, the number of cards in circulation increased more than a year earlier. At this time, the peak of Russian card tourism came after Visa and Mastercard left the market in March, The pace of issuing bank cards in neighboring countries accelerated in the second quarter compared to the same period last year, follows from the data of the central banks ...
The largest regions have sharply increased their income amid sanctions
Leading regions of Russia have increased their income in the first half of 2022, despite the sanctions, calculated in the NKR. Revenue growth was 27% compared to the same period in 2021. According to ACRA, the total surplus of the regions is now ₽1, The top 10 Russian regions — leaders in terms of the absolute level of budget revenues — managed to significantly increase revenues in the first half ...
Skolkovo and Skoltech: “We keep forgetting that we are no longer the USSR”
The Skolkovo Foundation and Skoltech have been losing foreign customers since spring, and new sanctionsworsened the situation. Western clients allowed them to build competencies, and, for example, In early August, the Office of Foreign Assets Control (OFAC) of the US Treasuryincluded the Skolkovo Foundation, the Skolkovo Institute of Science and Technology (Skoltech) and the Skolkovo Technopark on...
Golovchenko told what import-substituting projects will be implemented at the expense of credit resources of the Russian Federation
August 13, Minsk. Prime Minister of Belarus Roman Golovchenko told what import-substituting projects will be implemented at the expense of credit resources of the Russian Federation, in an interview with the program "Question number one" on the TV channel, BelTA informs. As BelTA reported, Russia will allocate $1.5 billion for Belarus' participation in import substitution programs.“Now the governm...
Europe has increased the supply of cosmetics and medicines to Russia
In June 2022, the export of industrial equipment from the European Union to Russia again exceeded €1 billion. The supply of medicines also increased,which became the second largest European export to Russia Exports of goods from EU countries to Russia partially recovered in June 2022, up 18% month-on-month to €4.45 billion (vs. €3.78 billion in May). Exports rise for the second consecutive month f...
Hero of the Republic: how a dentist ran away from his parents and earned $ 1 billion
Maxillofacial Surgeon Creates South Korea's Most Valuable Startup After Eight Failed Businesses Lee Seung Geun graduated from the best dental school in South Korea at Seoul National University. After serving in the military (South Korea has a mandatory military conscription for men), the 27-year-old met with a former fellow dentist for advice on how to start his own practice. An accident changed h...
The Central Bank described the adaptation and crisis scenarios for the economy
Alternative options for the development of the Russian economy will be the path of accelerated adaptation or the crisis under the influence of the global recession, by analogy with the events of 2008, the Central Bank believes.The last scenario assumes a decline in GDP for three years The Central Bank presented two alternative options for the development of the Russian economy, depending on extern...
The mystery of Ghana: how the country with the most paradoxical economic model lives
Ghana's public debt reached 84% of GDP. At the same time, its inhabitants remain the richest in West Africa, and the country is considered one of the most developed in the region and regularly attracts creditors. The Economist explains, Enu, a market shopper in Accra, the capital of Ghana, peers disappointedly into a small bag of crabs. “Before, having bought crabs for two cedis (the national curr...
Europeans have increased purchases of Russian oil after the embargo
After the imposition of an embargo on the import of Russian oil and oil products, the EU countries increased their purchases of this raw material from Russia. Italy was especially distinguished, increasing imports by 20% in June against May, European countries in June 2022 increased the import of crude oil and oil products from Russia compared to May, after the EU governments imposed an embargo on...
Lipetsk agricultural producers received about 70% of the total state support.
As of the beginning of August, about 1.8 billion rubles, or 67% of the stipulated limit, have already been transferred to direct recipients. In total, in 2022, 2.7 billion rubles are provided for financing all programs of the agro-industrial complex of the Lipetsk region from the federal and regional budgets. Subsidies are allocated both to stimulate the development of priority sub-sectors of the ...
Experts discuss new rules for slaughtering livestock
From September 1, 2022, most of the provisions of the new rules for slaughtering livestock and veterinary sanitary examination of meat, which were approved by order of the Ministry of Agriculture No. 269, will come into force in Russia. The next meeting of the working group to address issues related to the slaughter of productive animals was held on August 8. The group was created on behalf of Dep...
Purina stopped selling Friskies, Dog Chow and Gourmet in Russia
The company explained the suspension of the sale of a series of animal and dog food with logistical difficulties. At the same time, the food brands Purina One, Purina One Dog, Felix, The American company Purina, part of Nestle, has stopped the sale and production in Russia of Friskies food for cats and dogs, as well as a number of products of other brands due to difficulties in logistics. A repres...
Central Bank clarifies Putin's new decree on currency restrictions
Banks may not fulfill obligations in foreign currency to legal entities and individual entrepreneurs if the funds appeared on customer accounts after August 8,explained the Central Bank Russian banks may suspend their obligations to customers in foreign currency if the funds were received on the account after August 8, 2......
Malaysia may resume certification of Russian meat
The Malaysian authorities may resume the process of certification of meat products supplied from Russia. This was reported in Rosselkhoznadzor. This issue was discussed during the business mission of the Russian Ministry of Agriculture to the Asian country. The Rosselkhoznadzor explained that the export of all types of meat products there is possible only if there is a certificate issued by the Ru...
Belgorod Governor spoke about the creation of a risk map in the agro-industrial complex
The authorities of the Belgorod region have prepared a risk map for a number of areas in the region's agriculture for the next year. According to the press service of the Kremlin, the governor of the region, Vyacheslav Gladkov, spoke about this at a meeting with President Vladimir Putin. He explained that this measure should help improve the agricultural and food security of the country. Important...
Putin allowed banks not to work in the currency of countries that have frozen their assets
The President also allowed the Central Bank to determine the maximum value of the commission of banks for currency transfers in the event of sanctions against them. President Vladimir Putin signed a decree, one of the clauses of which provides that banks whose funds in foreign currency were frozen abroad can suspend the fulfillment of their obligations to foreign customers in this currency. In ano...
Moscow provided the capital's producer of sausages with a preferential loan for the development of exports
The capital's sausage manufacturer received a five-year concessional loan in the amount of 100 million rubles from the Moscow Fund for Support of Industry and Entrepreneurship. The company will allocate funds for the development of export activities. "A loan in the amount of 100 million rubles was issued to an enterprise as part of the Export Agro-Industrial Complex product, which was developed by...
Lukashenka: Agro-unions in Vitebsk region - the strategy is right, but where is the result? Alexander Lukashenko
Topic news August 5, Postavy. The creation of agro-industrial associations in the Vitebsk region is the right strategy, but their work must bring results. President of Belarus Alexander Lukashenko stated this in Postavy about the work of agro-industrial associations of the Vitebsk region, BelTA has learned. "It is necessary to continue the consolidation of farms. But there should be no artificial ...
The Central Bank will consider the creation of a new fund to support banks
The Central Bank announced a set of measures to supervise banks during the crisis. In particular, he is exploring the possibility of creating an autonomous fund to support the financial sector. The Central Bank is thinking about creating a new fund to support the banking sector. The regulator announced this in a document on the new tasks of the financial market (.pdf). In a negative situation in t...
In the Chelyabinsk region, the property of the Duck Farms company was put up for auction
In the Krasnoarmeysky district of the Chelyabinsk region, the production complex of the bankrupt company "Duck Farms" is put up for sale. According to the information published by the arbitration manager of Duck Farms LLC Sergey Sidorov on the website of the electronic trading aggregator, the starting price of the object is 542,2......
More than 6.5 thousand applicants expressed their desire to study at USAU
On June 20, the university launched the main admission campaign for the 2022-2023 academic year. During this time, the selection committee accepted 6693 applications. Among those wishing to study at the Ural State Agrarian University, 1344 people applied to the Agricultural College (Faculty of Secondary Vocational Education of USAU) and 5349 people - to higher education programs (bachelor's, speci...
The son of billionaire Pumpyansky complained about the difficulties of life in Switzerland
According to the businessman, due to sanctions in Switzerland, he lost the opportunity to service a mortgage loan and even buy groceries,and the mobile operator Swisscom turned off his phoneAlexander Pumpyansky The former chairman of the board of directors of the Sinara group, Alexander Pumpyansky (resigned after he fell under EU sanctions in March 2......
Brokers offered an alternative to the Central Bank restrictions on foreign shares
A ban on the purchase of foreign securities by inexperienced Russians may result in margin calls and the departure of investors in cryptocurrencies, the National Financial Association believes.In return, she proposes to introduce limits on foreign assets. Russian unqualified investors should retain the opportunity to invest in foreign securities, but keep no more than half of their portfolios in t...
Which countries Russia considers unfriendly. Map
22 and 24 July Russiaexpanded the lists of unfriendly countries. There are two such lists, they involve different measures, but they include common participants. Whom Moscow considers unfriendly - in RBC infographics The first list of unfriendly countries appeared in May 2021, it implies "unfriendly actions" against Russian diplomatic and consular workers. The inclusion of a state in this list mea...
Turkey sharply increased exports to Russia amid sanctions
Turkish exports of goods to Russia in June jumped by 46% in annual terms, to $ 791 million. Most likely,this will allow it to take fourth place in the list of the largest suppliers of goods to the Russian market In June 2022, the export of goods from Turkey to Russia increased by 46% compared to June last year and by 52% compared to the previous month, to $791.4 million, the Turkish Institute of S...
Diplomats from 16 countries get acquainted with the export potential of the Brest region
July 29, Brest. Diplomats from 16 countries accredited in Belarus and concurrently in Moscow are visiting the Brest region on a two-day visit as part of the Trade Advisor's Day. Chairman of the Regional Executive Committee Yury Shuleiko met with them today, BelTA has learned. The meeting was held in one of the most beautiful halls of the regional executive committee, intended for solemn receptions...
The IMF warned of the risk of geopolitical splitting of the world
A special operation in Ukraine could lead to the fragmentation of the world economy into geopolitical blocs. This will prevent countries from jointly fighting global problems, including climate change, The International Monetary Fund (IMF), along with traditional economic and financial risks (tightening of monetary policy, slowdown in economic growth in China, rising energy prices, etc.), attribut...

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