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Experts assessed the ruble exchange rate under different consequences of the EU oil embargo
The average annual exchange rate of the ruble in 2023 will be 83 rubles. per dollar, if Russia manages to replace the falling oil exports to the EU by half and a barrel of Brent will cost $100, estimated at Renaissance Capital, The ruble exchange rate in 2023 will be 83 rubles. per dollar, if Russia is able to redirect the falling oil exports to Europe by 5......
Британия ввела санкции против Потанина, Рудского и Цивилева
Britain imposed sanctions against Potanin, Rudskoy and Tsivilevagainst a number of Russian citizens and companies. Under the restrictions, among other things, were the Deputy Chief of the General Staff Rudskoy, the Governor of the Kemerovo Region Tsivilev and his wife, Власти Великобритании включили в санкционный список российского бизнесмена Владимира Потанина и губернатора Кемеровской области Се...
The United States allowed a number of deals with companies from Russia in the field of aviation
We are talking about transactions related to the supply, export or re-export of goods,technologies or services to ensure the safety of civil aircraft, subject to their registration in jurisdictions exclusively outside of Russia The U.S. Treasury Department has allowed some deals with some sanctioned Russian companies in the field of civil aircraft security. This follows from the general license of...
Deripaska named the period for the recovery of the Russian
economy 00:00 Advertisement 00:00 00:00 / 00:00 You can skip ads through More VideoMore VideoMore Video Russia in eight or nine years will be able to restore the economy without even adapting to current conditions, and if the state supports competition and the debt market, then the recovery period will be reduced by another half. This opinion was expressed by businessman, founder of UC Rusal Oleg ...
Romir: weekly expenses of Russians decreased by 10%
Research holding Romir presents data on the weekly spending index (WPI) and the weekly average bill index (WIN). In the period from June 20 to 26, the average weekly spending of Russians decreased by 9.6% compared to the previous week. The index of weekly expenses amounted to 5,125 rubles. Compared to the same period last year, weekly expenses are 13.4% higher. The average check index decreased by...
Canada imposed sanctions against individuals and companies in the Russian defense sector
The list will include six people and 46 companies. There will also be sanctionsagainst Russian state media and banned the export of advanced technologies for the defense industry Canada has announced new restrictions that will affect the defense sector, the media and high-tech production, a message about this is posted on the website of the country's prime minister. List of new restrictions: sanct...
Forbes learned about the yacht of billionaire Molchanov put up for sale
The 74m megayacht Aurora is on sale for €130m. It managed to avoid detention in Spain in March as it took time for authorities to trace the owner through a chain of companies.reported to El País by the yacht "Aurora" (right) Andrey Molchanov, the main owner of the development company LSR, put up for sale his megayacht Aurora. The announcement of the sale of the vessel appeared on the website of th...
Russia is on the verge of a pork overproduction crisis. What does this mean and who is affected?
Overproduction, falling domestic demand and export sequestration are the main problems of the meat industry this season. It looks like only government measures to support state employees and pensioners can save the situation. The position of Russian pork producers is seriously deteriorating. Three factors influence the situation - production growth, a decrease in exports amid logistics difficultie...
Bloomberg reported that Russia defaulted for the first time since 1918
According to the agency, the grace period for the payment of about $100 million in overdue payments on government bonds expired overnight.In Russia, the default was called “artificial” and many times they declared their readiness to service external debt On the night of June 27, for the first time since 1918, Russia defaulted on sovereign debt in foreign currency, writes Bloomberg. Default is the ...
The Kremlin called the timing of Russia's achievement of technological sovereignty
According to the presidential envoy,in order to achieve technological sovereignty of Russia, it is necessary to create a conditional "Diamond Fund" from several dozens of its own technological developments Dmitry Peskov, Special Representative of the President for Digitalization Russia can achieve technological sovereignty in 1......
Japan will expand sanctions on 160 organizations and individuals from Russia
According to Prime Minister Fumio Kishida, sanctionsdirected against individuals and organizations associated with the Russian defense industry.Their accounts in Japan will be frozen Japan will expand anti-Russian sanctions to 70 individuals and 90 legal entities, as well as impose a ban on the import of gold and the provision of a number of services. This was reported by the NHK TV channel with r...
Bloomberg announced a default in Russia
According to the agency, the grace period for paying about $100 million in overdue payments on government bonds expired overnight.Russia called the default "artificial" and many times declared its readiness to service external debt On the night of June 27, for the first time since 1918, Russia defaulted on sovereign debt in foreign currency, writes Bloomberg. Default is the default of the debtor t...
Peskov called the timing of Russia's achievement of technological sovereignty
According to the presidential envoy,in order to achieve technological sovereignty of Russia, it is necessary to create a conditional "Diamond Fund" from several dozens of its own technological developments Dmitry Peskov, Special Representative of the President for Digitalization Russia can achieve technological sovereignty in 1......
The European Council allowed a ban on the import of gold from Russia after the G7 Sanctions
against Russian gold should not harm the EU economy, Michel said, noting the readiness of the European Council to explore possible accession to the restrictions.Previously, the G7 countries banned the import of gold from Russia The European Council is ready to consider the possibility of joining the G7, which banned the import of gold of Russian origin, these restrictions should be studied in orde...
G7 countries will impose a ban on the import of Russian gold
The export of gold brings Russia "billions of dollars", the supply of this metal will be banned by the G7 countries, Biden announced. Johnson considered, The G7 countries - the United States , Great Britain, Canada, France, Germany, Italy, Japan - will announce a ban on the import of Russian gold, US President Joe Biden tweeted . “[Gold exports are] a large share of exports, giving Russia tens of ...
Reuters learned about the agreement by the G7 countries to ban gold imports from Russia
According to the agency, the leaders of the G7 countries have agreed to a ban on the import of new gold from Russia. Reuters previously reported The leaders of the G7 countries (Great Britain, Germany, Italy, Canada, France, Japan and the United States ) have agreed to a ban on the import of new gold from Russia, Reuters reports citing sources. According to the agency, on June 28, the US Treasury ...
Putin announced the readiness of Russia and Belarus to saturate the markets with fertilizers
According to Putin, the two countries account for 15% of world trade and 25% for some types of fertilizers. The EU previously restricted imports of fertilizers from two states, the US, in turn, excluded them from the sanctions lists Vladimir Putin and Alexander Lukashenko Russian President Vladimir Putin discussed with his Belarusian counterpart Alexander Lukashenko the situation with the supply o...
The West and Russia blamed each other for the global food crisis
The likelihood of a global food crisis became the subject of discussion at a conference in Berlin and at the BRICS summit - the President of Russia and representatives of Western countries argued in absentia about its causes and perpetrators What was said in Berlin about the role of Russia in the crisis On Friday, June 24, a ministerial conference "Uniting for Global Food Security" was held in Ber...
"2023 could be even worse"
The problems of the global food crisis were discussed at a conference in Berlin and the BRICS summit.In Berlin, the main blame for the increase in world prices and a possible deficit was placed on Russia What was said in Berlin about the role of Russia in the crisis On Friday, a ministerial conference "Uniting for Global Food Security" was held in Berlin. According to the World Food Program, over ...
Alikhanov said he counts on amendments to the EU law on transit
According to the head of the region, the authorities are counting on the early adoption of amendments to the previous packages of sanctions by the EU,excluding restrictions on transit to the Kaliningrad region Anton Alikhanov The authorities of the Kaliningrad region expect that together with the Russian Foreign Ministry they will succeed in getting the EU to amend its packages of sanctions agains...
The G7 announced the exemption from sanctions for Russian agricultural products
The Foreign Ministers of the G7 countries accused Russia of "aggravating food instability" in the world by blocking the Black Sea ports of Ukraine and damaging the country's agricultural infrastructure All sanctions of the G7 countries provide for exceptions for the supply of Russian food and agricultural products to the world market. This is stated in a joint statement by the Foreign Ministries o...
In the first quarter of 2022, Abi increased the export of finished meat products by 24%
Abi, the leading Russian company producing meat products, increased its export volume by 24% in the first quarter of 2022 compared to the same period last year. The key directions of deliveries are the countries of the Customs Union - Kazakhstan and the Republic of Belarus, as well as Abkhazia, Azerbaijan and Uzbekistan. Since April of this year, the company's products have been supplied to Mongol...
German vice-chancellor considers the reduction in gas supplies a sign of the work
of sanctionswork efficiently,vice chancellor said The reduction in gas supplies from Russia can be considered an indicator of effective sanctions, said Vice Chancellor, Minister for Economic Affairs and Climate Protection of Germany Robert Habek on the RTL television channel. Russia receives money from the sale of fossil fuels, but sanctions limit the list of goods and services that Moscow can imp...
Siluanov called the condition for breaking off relations with the West
In the event of the recovery of diplomatic property in the West Russiawill be forced to answer “not in the legal field”,Finance Minister Anton Siluanov said Russia will regard the recovery of diplomatic property by the authorities of the United States and the European Union as a break in relations and a direct conflict, and will also be forced to respond “outside the legal field,” Finance Minister...
Kaliningrad urged not to “freeze your ears to spite your grandmother” with a response to Lithuania
Trucks at the Chernyshevskoye checkpoint in the Kaliningrad region The Kaliningrad region's response to the "sanctions blockade" should redirect the economic flow of the Baltic states to Russia. This was announced on the air of Solovyov Live by the governor of the region Anton Alikhanov. “I believe that these proposals should be aimed at ensuring that the economic flow and money that Lithuania and...
The Ministry of Agriculture and Food of the Republic of Belarus has set minimum export prices for dairy and meat products
New minimum export prices for dairy and meat products have been set. This is provided for by the Decree of the Ministry of Agriculture and Food No. 65 of June 20, which was officially published on the National Legal Internet Portal, BelTA informs. The cost of products is set depending on the region of export: Russia , Azerbaijan, the EAEU countries (except Russia), as well as the CIS countries and...
Latvian Foreign Minister named reasons for negotiations with Russia on Ukraine
Communication between EU leaders and Putin makes it possible to track his position on Ukraine and understand that it is no longer about NATO expansion, Rinkevich said. According to him, In the current situation, the decision of a number of EU leaders to “call the Kremlin all the time for one reason” looks strange, but this allows us to find out the current position of Russian President Vladimir Pu...
Lithuania has expanded restrictions on transit to Kaliningrad also on trucks
June 21, Minsk. Lithuania has banned the transportation of Russian goods from the sanctions list to Kaliningrad not only by rail, but also by freight transport, reports . The government of the Kaliningrad region reported that due to the current situation, the same scheme will be applied to freight transportation as to rail transportation. Trucks will transport those goods that are not included in ...
Two-thirds of Russians have noticed a rapid rise in prices for basic products over the past month
Two-thirds of Russians (66%) said that over the past month, prices for basic food, non-food items and services have risen faster than before. This is evidenced by the poll data of the Public Opinion Foundation (FOM), posted on the official website of the sociological center. According to the results of the survey, every sixth respondent (16%) predicts price growth at the same rate as before. At th...
Ministry of Agriculture and Food Sets Minimum Export Prices for Dairy and Meat Products
June 21, Minsk. New minimum export prices for dairy and meat products have been set. This is provided for by the Decree of the Ministry of Agriculture and Food No. 65 of June 20, which is officially published on, BelTA informs. The cost of products is set depending on the region of export: Russia , Azerbaijan, the EAEU countries (except Russia), as well as the CIS countries and Georgia (except the...