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Vedomosti learned that the authorities will discuss a return to disclosure of financial statements
The option not to disclose their financial statements has been in effect for a number of banks and companies since last spring, the moratorium expires on July 1. According to Vedomosti, the authoritieswill discuss with business a return to transparency on May 15 The Russian government has scheduled a meeting for top managers of large companies on May 15, at which the issue of extending the period ...
The operator from the Urals decided through the court to force Ericsson to continue support
The Ural mobile operator Motiv is suing Ericsson because of the latter's refusal to provide technical support. Swedish manufacturer of telecom equipment, citing sanctions,unilaterally refused to fulfill the contract The Yekaterinburg-2000 company, which provides cellular communication services under the Motiv brand, has filed a lawsuit against Ericsson Corporation, the main Russian legal entity of...
The volume of transfers from Russia to Kazakhstan almost tripled
From Russia to Kazakhstanin March, 12.2 billion tenge was transferred. This is 168% more than a year ago, when Visa and Mastercard were turned off in Russia. The volume of money transfers from Russia to Kazakhstan in March 2023 amounted to 12.2 billion tenge ($27.5 million), having increased by 168% over the year, that is, 2.7 times, follows from the statistics of the National Bank of Kazakhstan. ...
Sellers of localized OFZs will have to pay 20% of the deal to the budget
will oblige sellers of localized shares and OFZs to make a “voluntary contribution” to the budget in the amount of 20% of the value of securities from the transaction.Each such transaction will continue to be approved by the subcommittee. Sellers of securities localized in Russia, including shares, OFZs and corporate bonds, will be required to pay a voluntary fee of 2......
AlfaStrakhovanie ruled out the sale of the business to third-party buyers
AlfaStrakhovanie may change owners, but the businessno plans to sell to third-party buyers, the company said.Earlier, Mikhail Fridman and Petr Aven have already begun the process of withdrawing from the shareholders of Alfa-Bank AlfaStrakhovanie will not be sold to another owner, the process of restructuring the ownership of the company is underway, its press service told RBC. “The current situati...
Russia confirmed its status as a net exporter
The volume of external deliveries in 2022 exceeded $41 billion — this is a new record for domestic exporters of food and agricultural raw materials. Russian suppliers were able to adapt to the new working conditions and redistribute export flows in certain directions. Some sectors failed to outperform previous figures, with shipments of pork, dairy and confectionery falling. However, manufacturers...
Rabobank: Weaker economy affects global pork consumption
While Rabobank expects a modest improvement in operating costs in 2023, local conditions will vary and risk management will continue to be critical to success. World stocks of raw materials are at historically low levels and availability remains limited. A disappointing crop in Argentina will partly offset Brazil's record soybean crop in 2......
Ex-president of Brazil suspected of falsifying vaccines against COVID
Jair Bolsonaro Brazil's police have suspected that former President Jair Bolsonaro forged a coronavirus vaccination certificate to bypass US travel restrictions . In total, there are 16 people among the suspects in this case (together with Bolsonaro). Six of them, namely the former assistant to the head of state Mauro Cida, two Bolsonaro security officials, the secretary of the government of the m...
EU to create sanctions mechanism against accused of EU corruption
is not open to cooperation with those involved in corruption, in whatever country this may happen, stressed the head of European diplomacy Borrell.He submitted a draft sanctions mechanism to the EU Council The European Union intends to create a Common Foreign and Security Policy (CFSP) sanctions mechanism against people accused of corruption around the world. This was reported on the website of th...
Zelensky 's office called
EU sanctions not fast enoughactively,but in Brussels they react “not quickly and effectively enough” США в вопросе санкций против России «выступают достаточно активно» в отличие от «партнеров по ЕС», заявил в интервью ТСН замглавы офиса президента Украины Игорь Жовква. «К сожалению, недостаточно быстро и эффективно реагируют наши европейские партнеры, поэтому и происходит то, что происходит», — ск...
Tbilisi Mayor compared sanctions against Russia with hara-kiri
Tbilisi Mayor compared sanctionsagainst Russia with suicide for Georgia and noted that the main task of the ruling party is to ensure stability,economic growth and peaceKakha KaladzeKakha KaladzeKakha KaladzeKakha KaladzeKakha KaladzeKakha KaladzeKakha Kaladze Imposing sanctions against Russia would be disastrous for Georgia, Tbilisi Mayor Kakha Kaladze said. And he said that the authorities of th...
Air France demands tax on Chinese carriers over Russia
Air France demanded to tax Chinese carriers in order to “level the playing field”: Russian airspace is closed to it, and this gives Chinese airlines a competitive advantage,saving travel time and fuel Air France has demanded that the French government take action against Chinese airlines over the "unfair advantage" they have gained by using Russian airspace, Bloomberg reports . As the representati...
USA: Week 17 Pig Market Review 2023
May contracts rose 1.525 cents to 79.65 cents a pound. June - rose 1.6 cents to 91.7 cents per pound. June futures, the most active contract, rose 6.5% last week. At the same time, June contracts fell sharply on Monday, negating Friday's gains. The price was lower at the open, reaching a high at 91.425 and then moving to a low at 88.95. American pork exports are gaining momentum in the global mark...
USA: Cattle market overview for the 17th week of 2023
CME's most active June livestock contract rose 0.275 cents to 165.475 cents. June cattle futures rose 0.6% for the sixth week in a row. US corn and wheat futures fell sharply last week to multi-month lows as fundamentals grew weaker and the need to meet future demand eased. Corn contracts for July and December hit their lowest level since July 2......
US lifts COVID-19 travel restrictions for foreigners
The United States is waiving the coronavirus vaccination requirement for foreign travelers, according to a statement published on the White House website by the administration of the American president. In addition, the relevant requirements are canceled for civil servants and contractors, teachers and medical institutions. "The administration will lift COVID-19 vaccination requirements at t.........
The mayor of Tbilisi named the reason for not granting Georgia the status of an EU candidate
Kakha Kaladze Georgia did not receive the status of a candidate for joining the European Union because of its position on anti-Russian sanctions. This was stated by the Secretary General of the ruling Georgian Dream Party and Tbilisi Mayor Kakha Kaladze, 1TV reports. Kaladze called the decision not to give Georgia the status of an EU candidate a political one. The Georgian leadership, according to...
Investor and partner of Warren Buffett called one of the problems of US banks
Charlie Munger, an associate of billionaire Warren Buffett, said that one of the problems with American banks is “bad loans” in commercial real estate, now banks are issuing them more carefully,than before One problem for US banks is "bad loans" in commercial real estate, Charlie Munger, an investor, Berkshire Hathaway vice chairman and friend of billionaire Warren Buffett, told the Financial Time...
Investor and partner of Warren Buffett called one of the problems of US banks
Charlie Munger, an associate of billionaire Warren Buffett, said that one of the problems with US banks is “bad loans” in commercial real estate, now banks are issuing them more carefully,than before One problem for US banks is "bad loans" in commercial real estate, Charlie Munger, an investor, Berkshire Hathaway vice chairman and friend of billionaire Warren Buffett, told the Financial Times (FT)...
An Indian newspaper reported on the discussion of accepting Mir cards in
India and Russiaagreed to study the possibility of operation of RuPay and Mir cards in each other's countries, as well as to consider the introduction of the Russian financial messaging system in India to replace SWIFT,sources told ET India and Russia are exploring the possibility of accepting Russian Mir cards and Indian RuPay for payments under the sanctions imposed on Moscow, The Economic Times...
FT learned about Germany's "opening" of its mines due to a lack of resources
In Germany, abandoned mines are reopening and new deposits are being developed, writes FT. The Ministry of Economy of Germany explained this by the desire for self-sufficiency and indicated that Germany has begun to open up mines, some of which have been abandoned for decades and are in a dilapidated state, in an effort to reduce its dependence on imports of critical minerals, writes the Financial...
Zelensky announced sanctions against companies working in the military-industrial complex of Russia
Ukraine is preparing a new package of sanctions against individuals and legal entities working for the Russian military-industrial complex (MIC). President Volodymyr Zelensky stated this in his daily address to citizens, the video was published on his Telegram channel. “We are also preparing new sanctions decisions regarding individuals and companies working in the military-industrial complex.......
Bloomberg learned about $ 400 million dividends of Indian companies stuck in Russia
India also has trouble buying oil above the price ceiling set by the West, but will find a way to pay for supplies,writes Bloomberg Indian energy companies are unable to receive $400 million worth of dividends from their assets in Russia, Bloomberg writes, citing an unnamed senior official of the Indian Oil Ministry. The country's state-owned companies, including ONGC, have stakes in Russian oil a...
The EU allowed the easing of budgetary norms for countries for spending on ammunition
The EU has thought about giving countries more time to balance their budgets if they invest in increasing ammunition production.The proposal must be supported by all members of the association and the European Parliament The European Union is considering giving member states a grace period of up to seven years to adjust their budgets if they invest in increasing ammunition production, Bloomberg re...
Shooting in Texas kills five
Photo pixabay.com April 29, Minsk. At least five people have died in a shooting in the US state of Texas. It is reported by TASS. According to the San Jaquito County Sheriff's Department, a man armed with an AR-15 assault rifle broke into a private residence and shot the people there. The man was under the influence of alcohol or drugs.The authorities ordered the residents of the city not to leave...
For the first time since 2008, Norilsk Nickel was advised not to pay dividends
The Board of Directors of Norilsk Nickel recommended not to pay dividends for 2022. Earlier, RBC sources said that this year payments to shareholders could amount to $1, The Board of Directors of Norilsk Nickel, whose largest shareholder is Interros Vladimir Potanin (owns 37%), at a meeting on Friday, April 28, recommended the shareholders' meeting not to pay dividends for 2......
The EU has created a mechanism for sanctions for undermining the sovereignty of Moldova
The EU will be able to impose restrictions, for example, against persons who “obstruct or undermine the democratic political process, including the holding of elections,or trying to overthrow the constitutional order" The EU has created a mechanism that will allow the imposition of sanctions against persons responsible for undermining or threatening the sovereignty and independence of Moldova, acc...
Finland is investigating the export of drilling equipment to Russia
Finnish customs considerthat imported drilling equipment can also be used "for non-civilian purposes" Drilling equipment worth about €2.2 million could have been imported to Russia through Finland, Helsingin Sanomat reports with reference to Finnish customs. The European Union restricted the export of such equipment to Russia in 2......
Nabiullina explained the essence of "tuning" of currency restrictions
The “tuning” of currency restrictions announced by the Central Bank is not a pronounced weakening or tightening of the rules. It applies to legal entities The Bank of Russia can carry out "tuning" of currency restrictions for legal entities and take into account the requests of businesses. This was stated by the head of the Central Bank Elvira Nabiullina at a press conference following...
The Central Bank did not approve the transfer of "subsidiaries" of foreign banks under external management
There is no good reason to take over the management of subsidiaries of foreign banks, says Elvira Nabiullina, head of the Bank of Russia.This approach has so far been applied to the energy assets of Finnish Fortum and German Uniper. The transfer of Russian "daughters" of foreign banks under the external management of other credit institutions is not advisable, the head of the Central Bank, Elvira ...
FT learned about the EU's idea to ban supplies to countries exporting to Russia
The EU may include in the 11th package of anti-Russian sanctions the possibility of imposing restrictions on those countries that re-export sanctioned products to Russia. First there will be a warning The European Commission is studying a mechanism that will limit exports from the EU to those countries that re-export sanctioned goods to Russia, the Financial Times (FT) writes, citing sources. We a...

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