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The World Bank allowed a "lost decade" in the global economy
The World Bank predicts a drop in global potential GDP growth in the coming years by a third compared to the first decade of the century. The bank urged countries to pursue policies aimed at growth, The global economy could be entering a "lost decade," said Indermit Gill, chief economist and senior vice president for development economics at the World Bank, according to the organization's website....
Azerbaijan decides to lift COVID restrictions for tourists
Since March 28, coronavirus restrictions for tourists have been lifted in Azerbaijan, according to a document published on the website of the Cabinet of Ministers of the Republic. “From 06:00 on March 28, 2023, entry/exit to Azerbaijan by air is allowed for all citizens of foreign states and citizens of other countries permanently residing in these countries, as well as stateless persons,” the mes...
Accumulation of greenhouse gases accelerated in Russia
The concentration of greenhouse gases is growing every year and last year the growth again reached a record, Roshydromet said in a new report. This leads to an increase in average annual temperatures, which negatively affects the climate, The concentration of greenhouse gases, primarily carbon dioxide (CO2) and methane (CH4), in the Russian atmosphere began to grow faster last year. Such data are ...
The permanent representative of Russia doubted the prospect of sanctions against Rosatom
The likelihood of Western sanctions against Rosatom is doubtful, since they would hurt several EU countries, including Hungary, Bulgaria and France,said Russia's permanent representative to international organizations The likelihood of the EU imposing sanctions against Rosatom seems doubtful, since restrictions can hurt the EU countries themselves. Mikhail Ulyanov, permanent representative of Russ...
China promised US billionaires a triple benefit from doing business with Beijing
Chinese Foreign Ministry called US - China relationscool as the weather in early spring,and for the development of relations between the two countries called on Washington to move towards BeijingQin Gang (third from right) at a meeting with representatives of the American business community China's openness after the COVID-19 pandemic and its strong economic recovery will be a "triple" benefit for...
IMF chief warns of heightened risks to financial stability
Georgieva believes that due to the tightening of monetary policy in Western countries, the risk to global financial stability has increased.At the same time, she praised regulators for providing banks with the necessary liquidity. Uncertainty in the global economy remains "exceptionally high" and global economic growth is expected to slow to below 3% this year, IMF chief Kristalina Georgieva said....
EU threatens to impose sanctions over deployment of nuclear weapons in Belarus
The deployment of Russian nuclear weapons in Belarus will become a threat to the security of Europe. Minsk can still stop it, The deployment of Russian nuclear weapons in Belarus would mean further "irresponsible escalation" and pose a threat to European security, EU High Representative for Foreign Affairs and Security Policy Josep Borrell wrote on his Twitter account. Minsk, he said, can still st...
Putin said that Russia and China are not creating a military alliance
Military cooperation between the two countries "is transparent, there is nothing secret," the president said. He accused the West of creating "new axes" videovideovideovideovideovideovideo Russia and China do not create any military alliance and do not threaten anyone, military cooperation with Beijing is "transparent", President Vladimir Putin said on the air of the Russia 24 TV channel. “Yes, we...
Life expectancy in Russia rose to a record high after a two-year decline
Life expectancy in Russia in 2022 increased at a record pace in the history of the Russian Federation - by 2.7 years, to almost 72.8 years, Rosstat reported.However, the indicator did not reach pre-pandemic values. Life expectancy in Russia at the end of 2022 increased to 72.76 years against 70.1 years in 2......
Bloomberg estimated the losses of the venture capital market due to the collapse of SVB
Silicon Valley Bank went bankrupt in early March, after which the capitalization of the banking sector in the United States sharply decreased, Europe and Asia. Bloomberg writes, The $2 trillion venture capital industry could face 25-30% or $500 million in portfolio write-offs due to the collapse of US Silicon Valley Bank (SVB), analysts at Bloomberg Intelligence have calculated. “After the collaps...
Poland's prime minister said the EU's "appetite" for sanctions against Russia has been reduced
Mateusz Morawiecki In the European Union, there is less desire to impose sanctions against Russia, there is a “fatigue” from them, Polish Prime Minister Mateusz Morawiecki said in an interview with RMF FM radio station. “Today there is already much less desire, appetite for new sanctions. I think there is fatigue,” he said. According to Morawiecki, now the EU is more focused on the fight against c...
Kazakhstan disclosed the details of the implemented control of the transit of goods
From April 1, Kazakhstan will require the issuance of shipping invoices for goods. The FT wrote that this was necessary to avoid circumvention of anti-Russian sanctions. Starting next month, Kazakhstan will require the issuance of accompanying waybills for goods (CNT) when trading with the countries of the Eurasian Economic Union (EAEU), Kadyr Ismagulov, director of the administration department o...
Telegraph learned about EU plans to threaten Russia's neighbors with sanctions
The EU notes a sharp increase in the supply of goods to Central Asian countries, writes The Telegraph. According to the newspaper, Brussels intends to first warn these states about the consequences, then they can impose sanctions. The European Union may impose trade sanctions on countries that, according to Brussels, are helping Russia to circumvent the restrictions imposed against it, writes The ...
Bloomberg learned about the plans of South Africa to avoid the execution of a warrant for the arrest of Putin
The South African government is consulting with lawyers on the matter and is considering "all options to avoid the execution of the warrant" for Putin's arrest.notes the agency Vladimir Putin The South African government and the ruling African National Congress party are considering "all options to avoid the execution of a warrant" by the International Criminal Court (ICC) for the arrest of Russia...
Raiffeisen announced the search for options for the "daughter" after the requirements of the ECB
Raiffeisen Bank International (RBI) continues to explore various options for the future of its Russian "daughter" after reports of demands from the European Central Bank to leave Russia. The bank reported this to RIA Novosti. "RBI is exploring all strategic options for the future of Raiffeisenbank Russia, up to and including an elaborate exit from the bank," the bank said. The organization added t...
Bloomberg узнал о проверке Credit Suisse насчет россиян под санкциями
Bloomberg learned about Credit Suisse 's check on Russians under sanctionsRussians.In case of violations, they will have to pay serious fines. Swiss banks Credit Suisse and UBS were included in the list of banks that the US Department of Justice decided to check to see if they helped Russian businessmen circumvent sanctions, Bloomberg reports citing sources. According to the interlocutors of the a...
"Patient Zero". How the banking crisis resembles the COVID
epidemic Former head of the "Discovery" Mikhail Zadornov discusses why in the United Statesand Europe missed the problems of banks and who else claims to be resuscitatedMikhail ZadornovMikhail ZadornovMikhail ZadornovMikhail ZadornovMikhail Zadornov The connection between the collapse of American banks and the problems of the Swiss Credit Suisse is direct: the global financial market has long been...
Zadornov called "chronic patients" among European banks
Following Credit Suisse, other European banks, such as the Italian Monte dei Paschi di Siena and the German Commerzbank, may experience problems, Mikhail Zadornov admitted. Unlike the USA,in Europe it is more difficult to merge banksMikhail ZadornovMikhail ZadornovMikhail ZadornovMikhail ZadornovMikhail Zadornov Saving the second Swiss bank Credit Suisse from bankruptcy by joining the UBS group di...
The head of the European Commission called the goal of the 11th package of sanctions against Russia
Ursula von der Leyen The new package of EU sanctions against Russia will be aimed at combating the circumvention of measures already introduced against Moscow, European Commission President Ursula von der Leyen said at a press conference following the first day of the EU summit in Brussels. A video of her performance was posted on Twitter. “The 11th package of sanctions will be mainly aimed at com...
"Pragmatic peacemaker" and best friend: world media about Xi's visit to Moscow
Chinese President Xi Jinping arrived in Moscow on a three-day visit. Formerly Chinapresented his peace plan for Ukraine.How the world media assess the arrival of the Chinese leader in Russia - in the RBC review The Guardian, UK “Xi is well aware of the stakes of his visit. It will be widely interpreted as a show of support for Putin, whom Xi calls his best friend. But Xi will also want to show.......
Rosbank's profit fell by 75% in 2022
Rosbank, which changed ownership and fell under sanctionsin 2022, reported financial results for the first time since the crisis began. He managed not to lose The net profit of Rosbank under IFRS in 2022 amounted to 4.9 billion rubles, having decreased by 75% compared to the result of 2021 (19.6 billion rubles), follows from the message of the credit institution received by RBC. The group's net in...
Reuters learned of the consultations of the US authorities with Buffett on the crisis
The discussion was focused on the fact that billionaire Buffett can invest in the US regional banking sector,clarifies BloombergWarren Buffett Employees of the administration of US President Joe Biden held consultations with the founder of the financial holding Berkshire Hathaway, billionaire Warren Buffett regarding the banking crisis in the United States. It is reported by Reuters, citing a sour...
Agalarov refinances loans for more than ₽100 billion at Gazprombank
Araz Agalarov's Crocus Group is changing its main creditor: the group will refinance more than 100 billion rubles. loans from Sberbank to Gazprombank. Gazprombank will become a new financial partner of the Crocus Group, two sources in Sberbank, which until recently was the group's largest creditor, told RBC. This was confirmed by a source close to the developer. According to him, Crocus Group is "...
Swiss Central Bank does not rule out support for Credit Suisse
After the collapse of the American SVB, Signature Bank and Silvergate Capital, Credit Suisse shares collapsed by a record 30.8%.Swiss regulators expressed readiness to provide the bank with liquidity if necessary Switzerland's central bank will provide the country's second-largest bank, Credit Suisse, with liquidity if needed, Reuters reports, citing a statement by financial regulator FINMA and th...
The US did not rule out that the EU will lower the price ceiling for Russian oil by $5
Western countries introduced a price ceiling for oil from Russia at $60 per barrel in early December. Assistant Secretary of the Treasurysaidthat in March the EU will review the ceiling price and it can be lowered by $5 US and EU authorities are examining how the price ceiling mechanism for Russian oil products works in March, and the EU may lower it by $5, US Treasury Assistant Secretary for Econ...
Bloomberg reported about $80 billion of "shadow reserves" of Russia
These funds arose as a result of a record trade surplus, the agency writes. According to Bloomberg, $80 billion is distributed in the form of cash, Russia managed to keep about a third of the $227 billion received in 2022 from the export of raw materials abroad, according to Bloomberg. According to the agency, about $8......
Chinese authorities announced the lifting of restrictions on the issuance of visas
Chinese consulates abroad from March 15 will resume processing and issuing all categories of visas to foreigners traveling to China From March 15, China intends to resume consideration and issuance of all categories of visas for foreign citizens to enter the country. This is stated in the statement of the Chinese Embassy in the United States in the WeChat social network. “In order to further impro...
Axios warned of a crisis in the US banking system
The Biden administration must find a buyer for the bankrupt SVB bank. The Treasury and the White House must also remove any regulatory hurdles to the immediate acquisition of the bank. США грозит кризис банковской системы, если администрации Джо Байдена не удастся спасти Silicon Valley Bank (SVB), пишет издание Axios. «Президенту Байдену угрожает катастрофический банковский кризис, если правительс...
Kadyrov valued his horse stolen in the Czech Republic at least $10 million.
The stallion Zaza was stolen from a Czech stable on the night of March 4. The horse was sanctionedin 2014 as part of Kadyrov's assets. The head of Chechnya called an erroneous estimate of its value at less than $20,000. The Zazu stallion of an English breed, stolen in the Czech Republic, owned by the head of Chechnya Ramzan Kadyrov and sanctioned as part of his assets, is worth at least $1......
The Central Bank recorded a record issue of bank cards
The number of cards in Russia at the end of 2022 amounted to 389.6 million, the figure grew by a record 18% over the year. The Russians opened new Mir and UnionPay cards after Visa and Mastercard left, At the end of 2022, Russian banks issued about 389.6 million cards for individuals. Over the year, their number increased by 18%, follows from the statistics of the Bank of Russia, which RBC got acq...

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