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WSJ learned about the growth of oil transportation from Russia due to sanctions
European shipowners are increasing the transportation of Russian oil before the entry into force of sanctions, Chinaalso doubled fuel purchases, the WSJ learned.Restrictions on oil supplies to the EU will come into force in December Tanker owners in Europe have increased the volume of Russian oil shipped before restrictive measures against fuel from Russia come into force, Greek ships are transpor...
Borrell urged Europe to "be patient" and pointed to Russia's losses from sanctions
Europe must show strategic patience to wait for the full manifestation of the consequences of sanctions for Russia,said Josep Borrell Josep Borrell The consequences of sanctions for Russia may not be too noticeable at the moment, but in the long term they will prove their effectiveness, so Europe must show strategic patience, said the head of European diplomacy, Josep Borrell, in his blog on the E...
Deripaska accused the EU of "far-fetched" sanctions against Melnichenko
According to Deripaska, EuroChem turned out to be "an important player in the global food market" and now the EU will have to "reap the benefits, or rather, their absence." Brussels may lift sanctions , according to Bloombergagainst a number of Russians Andrey Melnichenko European sanctions against the former owner of EuroChem, Andrey Melnichenko, were introduced under “obvious and far-fetched pre...
WSJ learns about EU work to strengthen control over sanctions against Russia
EU governments are discussing measureswhich will close loopholes to circumvent sanctions and improve data exchange between EU countries The European Union is working to enforce all six rounds of sanctions against Russia as the 27-nation bloc "seeks to increase economic pressure on the Kremlin" over the military operation in Ukraine, writes The Wall Street Journal. European sanctions officials beli...
Canadian Foreign Ministry announced the country's plans to expand sanctions against Russia Sanctions
will affect the oil, gas and chemical sectors of the Russian industry.Canadian companies will need to close existing contracts with Russian enterprises within 60 days Canadian Foreign Minister Melanie Joly The Canadian authorities will strengthen sanctions against the oil, gas and chemical sectors of the Russian industry, the country's Foreign Ministry said. “Canada will expand the measures in pla...
Canada decides to return turbine for Nord Stream to Germany
Canada to transfer Siemens turbine for Nord Stream to Germany and impose new sanctionsregarding the gasoil and chemical sectors of Russia Ottawa will hand over to Berlin a turbine manufactured by Siemens for the Nord Stream gas pipeline, which was delayed in Canada after repairs due to sanctions against Russia. It is reported by Reuters with reference to Canadian Minister of Natural Resources Jona...
Canada imposed sanctions against Roskomnadzor and its leadership
In response to Russia's military operation in Ukraine, Canada imposed sanctions against Roskomnadzor and its leaders, the government said on its website. The list includes the head of Roskomnadzor Andrey Lipov, his deputies Vladimir Logunov, Oleg Terlyakov, Vadim Subbotin and Milos Wagner. On February 24, when Russia began hostilities, Roskomnadzor ordered the media to refer only to Russian offici...
Gazprombank allowed the sale of the Swiss "daughter"
If a buyer is found, Gazprombank expects to complete the deal by the end of the third quarter of 2022.Its Swiss subsidiary is mainly involved in trade and export finance. Gazprombank began to explore options for the possible sale of individual assets or business in Switzerland as a whole, according to the website of its "daughter". “The bank expects to complete the process of exploring possible op...
Canada, following Britain, imposed sanctions against Patriarch Kirill
In addition to the patriarch, under sanctionshit the head of Roskomnadzor Andrey Lipov,TV presenter Ekaterina Andreeva and former head of Yandex Tigran Khudaverdyan Patriarch of Moscow and All Rus' Kirill Canada has added Patriarch Kirill of Moscow and All Rus' to the sanctions list, according to the government website. RBC turned to the synodal department for the relationship of the church with s...
Canada imposed sanctions against the former head of Yandex and Ekaterina Andreeva
Canada imposed sanctionsagainst Khudaverdyan, following the EU and the UK.After restrictive measures, he left the post of head of Yandex and the board of directors Tigran Khudaverdyan Canada has included the former head of Yandex Tigran Khudaverdyan and TV presenter Ekaterina Andreeva on the sanctions list, according to the government website. Khudaverdyan has served as managing director of the Ya...
President of the Russian Academy of Sciences Sergeev - RBC: "The rights of scientists are obscenely violated"
President of the Russian Academy of Sciences Alexander Sergeev told RBC why business is not investing enough in Russian science,do scientists continue to communicate with foreign colleagues and what are the prospects for fundamental research Alexander Sergeev On breaking off contacts with foreign scientists Why Russian companies invested little in science On the Nobel Prize for Russia and the reco...
In Switzerland called the risks of using Russian assets in favor of Kyiv
At the conference, Kyiv suggested using confiscated assets to restore Ukraine. The President of Switzerland recalled the right to property and indicated that The issue of using confiscated Russian assets to rebuild Ukraine after the end of hostilities must be taken seriously, such actions require legal grounds, Swiss President Ignazio Cassis said at a conference in Lugano. The Swiss city of Lugano...
Schneider Electric sold the Russian business to the management team
Instead of Schneider Electric leaving Russia, Systeme Electric was created. It will continue to produce sockets, switches and systems for electrical substations, Russian management bought out the business of the French Schneider Electric in Russia and Belarus, Alexei Kashaev, who until recently was the president of Schneider Electric in Russia and the CIS, told RBC. On Monday, July 4, the parent c...
JPMorgan warned of $380 oil at cap prices for Russia
Analysts suggested that if the G7 countries impose a price cap on Russian oil, in Moscow they will respond with a reduction in production: its reduction by 5 million b / d will not cause much damage to the Russian economy, but will cause a significant increase in prices The price of a barrel of oil could reach $38......
The EU will ban the import of mixtures with Russian oil. What does it mean
Together with the embargo on Russian oilThe EU has also decided to ban mixtures containing oil from Russia. At the same time, it will be possible to supply oil products produced from it abroad to Europe. The European Commission has provided clarifications on the embargo on Russian oil, which was introduced in early June. According to these explanations, not only oil from Russia in its pure form wi...
Bloomberg learned about the work of the EU on sanctions against Russian gold
According to Bloomberg sources, the EU is working on new sanctions, including those aimed at Russian gold, in accordance with the actions of the G7 countries. Formerly USA, United Kingdom,Canada and Japan banned its import The European Union is working on new sanctions that will affect Russian gold, sources told Bloomberg. According to them, the work is being carried out in accordance with the act...
US decides not to raise tariffs on Russian palladium, nickel and titanium US
published a list of Russian goods that will be subject to a “sanctioned” import tariff of 35%. Although the tariff covers some of the aluminum and steel, the Biden administration did not impose tariffs on iron, palladium, The administration of US President Joseph Biden has published a list of 570 Russian commodity items that are now subject to a 35% tariff on imports to the United States (this is ...
Medvedev said that Russia can only rely on its own forces
Russia, against the backdrop of sanctions, “has nowhere to go”, and it will have to do everything to replace foreign equipment with domestic analogues that are not inferior to it in terms of characteristics,Medvedev said Russia in the short term can only rely on itself, sanctions will not be lifted from it, so everything must be done to replace imported equipment with domestic counterparts, said D...
In Britain, Russians were accused of fishing off the Faroe Islands in violation of sanctions
The Scottish Fishermen's Association says that Russian vessels are fishing off the coast of the Faroe Islands in areas allotted to Britain, and this is a violation of sanctions. In London, they urged not to let the Russians in; Russian fishermen are fishing off the coast of the Faroe Islands, including on British sites, bypassing sanctions, writes the Daily Express. The publication reports that fi...
Said Gutseriev will leave the board of directors of M.Video after the sanctions.
Gutseriev directly or indirectly owns 60.4% of the authorized capital of M.Video-Eldorado. Earlier in the day, the UK imposed sanctions against the businessman. Businessman Sauid Gutseriev is leaving the board of directors of the M.Video-Eldorado group, RBC was told in the company's press service. “Said Gutseriev made a decision to withdraw from the Board of Directors of PJSC M.Video (M.Video-Eldo...
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...
In the United States, the next tanker with oil products from Russia was detained US
authoritiesa tanker en route from the port of Taman to New Orleans was detained for inspection. A spokesman for the Swiss company Vitol, which chartered the vessel, said US authorities have detained an oil tanker en route from Russia to New Orleans, Louisiana, according to The Wall Street Journal (WSJ) and Reuters, citing sources. According to the WSJ, the Daytona tanker belongs to the Greek TMS T...
Nissan to suspend production in Russia until September
The car factories of the Japanese companies Nissan and Toyota in St. Petersburg went into a downtime in March. According to Nissan CEO Makoto Uchida, The Japanese auto company Nissan has decided to suspend production in Russia for the first half of the fiscal year that began on April 1. This is reported by Reuters, citing a statement by the company's CEO Makoto Uchida. “We will take steps to minim...
Arrested "Kerimov 's Superyacht"
Arrives in CaliforniaSuleiman Kerimov, in early June. According to ABC News, the yacht docked in San Diego on the afternoon of June 27th. After stopping in Hawaii, the confiscated Amadea superyacht, which US authorities have linked to Russian billionaire and senator Suleiman Kerimov, has entered the port of San Diego in Southern California. It is reported by ABC News with reference to the statemen...
The State Duma approved the conditions for the eviction of foreign firms from shopping centers
Russian shopping centers will have the right to unilaterally terminate lease agreements with retailers and catering from unfriendly countries until the end of 2022. Such amendments were approved by the State Duma. The State Duma approved new rules for calculating rents with companies from the fields of trade and catering immediately in the second and third, final, readings, RBC correspondent repor...
Michelin will hand over the Russian business to local management
The French company announced the suspension of production in Russia in mid-March.Michelin has made the decision to hand over the business to local management due to supply issues and "conditions of general uncertainty" The French tire manufacturer Michelin will transfer the Russian business to local management by the end of the year, follows from a message on the company's website. “Michelin confi...
The owner of InterContinental and Holiday Inn announced his departure from Russia
In March, the operator InterContinental Hotels Group suspended investments, development activities and the opening of new hotels in Russia.The group has now officially announced their departure from the country. The British company InterContinental Hotels Group (IHG), which owns the chains of hotels Holiday Inn and Crowne Plaza, announced the termination of all its activities in Russia. The statem...
Russian businessman's yacht arrested in Gibraltar to be auctioned
We are talking about the superyacht Axioma, allegedly associated with billionaire Dmitry Pumpyansky. According to Insider, The Axioma superyacht arrested by the Gibraltar authorities, allegedly associated with Russian billionaire Dmitry Pumpyansky (Forbes estimated his fortune at $ 2.4 billion in 2021), will be sold at auction. It is reported by Insider with reference to the decision of the Britis...
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 ...

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