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London to tighten rules for accessing funds for Russians under sanctions
British officials will now reject applications to use frozen funds for litigation,if they are related to cases of defamation (dissemination of defamatory information)Her Majesty's Treasury in London,Great Britain The UK will change the way it decides whether to allow sanctioned individuals to use frozen money to pay for legal proceedings. This was stated by the Deputy head of the British Ministry ...
The UAE Central Bank decided to revoke the license of MTS-Bank
The license of the UAE Central Bank allowed MTS-Bank to open a branch in Abu Dhabi. The bank received this permission last year, but last February it was sanctioned by the UK and the US. The Central Bank of the United Arab Emirates cancels the license from MTS Bank, according to the website of the regulator. He made the decision a month after the US and UK imposed blocking sanctions on the Russian...
Scientists have identified the resistance of new variants of COVID-19 to drugs
New variants of the SARS-CoV-2 virus have shown resistance to Paxlovid, so a viral protease inhibitor (antiviral drug) may not be effective in treating COVID-19 . This follows from the results of a study published in the journal Science Advances. The study was conducted by several scientists from the USA and Austria. They came to the results, according to which drug-resistant variants of the coron...
Segezha sold factories in Europe
Segezha Group has sold seven paper packaging plants in Europe due to Western sanctions banning the import of Russian timber products.But these businesses accounted for about 1% of the group's OIBDA. The Segezha Group holding, controlled by AFK Sistema, has sold its European subsidiary, Segezha Packaging, which unites seven paper packaging plants. Segezha Group President Mikhail Shamolin spoke abou...
What would Raiffeisenbank's withdrawal from Russia look like?
Raiffeisenbank can be not only sold, but also excluded from the business of its Austrian owner. RBC understood the nuances of any transaction with a bank, The Austrian Raiffeisen Bank International (RBI) outlined two scenarios for curtailing its business in Russia - either the sale of a subsidiary of Raiffeisenbank, or the withdrawal of an asset from the group. The bank, which has been trying for ...
Kneissl announced the loss of confidence in institutions due to sanctions against Russia
Karin Kneissl Many international institutions have lost the confidence of countries due to the sanctions imposed against Russia, former Austrian Foreign Minister Karin Kneissl said on the TRT World TV channel. “I think that many players in the international arena, watching the sanctions regime against Russia, also think: this can happen to us. I would say that trust in many institutions has been l...
Russian Ambassador announced open channels for dialogue between Budapest and Moscow
Evgeny Stanislavov Russia has classified Hungary as unfriendly because Budapest has joined Western sanctions, but channels for dialogue remain open. This was stated by Russian Ambassador to Hungary Yevgeny Stanislavov in an interview with RIA Novosti. “Budapest demonstrates a pragmatic position, which is not going to give up even under pressure from its allies in the EU and NATO,” the ambassador s...
Sibagro plans to export 13 thousand tons of products in 2023
In 2022, Sibagro produced 388 thousand tons of pork, which is 23 thousand tons more than in 2021. 11.5 thousand tons of products were sent for export for a total amount of 2.2 billion rubles. The main partner countries of the holding are Mongolia, Kazakhstan, Belarus, Kyrgyzstan. Currently, the company is working on certification of its own enterprises for deliveries to Asian countries - Uzbekista...
Chinese premier urges world to resist unilateral sanctions
Li Qiang The world community must resist the unilateral sanctions of individual states and prevent blocs from confronting each other. This was stated by the Premier of the State Council of the People's Republic of China Li Qiang, speaking at the opening ceremony of the main part of the Boao Asian Forum. “We must adhere to [China's] global security initiative, resist the abuse of unilateral s.........
Experts spoke about the "trapped" banks
In the first half of 2022, the share of users of banking applications decreased by only 0.2%. Banks were able to keep the audience despite the sanctions, but "drew themselves into a trap" thanks to good services, Sanctions by Western countries against Russian banks have not led to a sharp decrease in the availability of mobile banking for customers. Analysts of the consulting company Yakov and Par...
US extends sanctions against Russia over alleged cyberattacks
US President Joe Biden extended for a year the state of emergency and sanctions for cyber attacks allegedly subjected to the United States, the restrictions apply to Russian organizations. This was reported by the press service of the White House. “This significant malicious activity in cyberspace continues to pose an unusual and extraordinary threat to the national security, foreign policy, and e...
Putin urged not to relax due to sanctions imposed against Russia
Putin noted that the economy has been growing since last summer, but positive dynamics are not a reason to “relax”, since anti-Russian sanctions could have a negative impact in the medium term Vladimir Putin Western sanctions imposed against Russia, despite the current positive dynamics in the economy, may have a negative impact on it in the future, President Vladimir Putin said during a meeting w...
Air India responded to accusations of flights over Russia with the phrase “the way the winds blow”
In response to a journalist's reproach that Air India planes continue to fly over Russia and "replenish the Russian budget", the head of the airline said,what is the most economical routeAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India ...
For the "daughter" of VTB in the UK approved a plan to curtail business
External managers intend to sell the assets of VTB Capital in order to settle accounts with creditors and counterparties.Debts to them exceed £800 million The obligations of VTB's subsidiary in the UK - VTB Capital - to creditors amount to about £804 million, follows from the published calculations of the bank's external managers - Teneo Financial Advisory Ltd - which RBC studied. In the document,...
The head of Air India recalled the winds after reproaches in flights over Russia
In response to a journalist's reproach that Air India planes continue to fly over Russia and "replenish the Russian budget", the head of the airline said that such a route is the most economical, including due to the fact thathow the winds blowAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India CEO Campbell WilsonAir India C...
The United States imposed sanctions against two Russian companies associated with aviation
In total , the United States imposed sanctions against 11 structures from Russia, China, Nicaragua and Myanmar.Among Russian companies, Aviatech and Aviazapchast were subject to restrictions The US Department of Commerce has decided to impose export restrictions on 11 entities, including two Russian firms associated with aviation. This is stated in the notice posted on the website of the US Federa...
The United States came out on top in terms of oil supplies to the EU
According to Eurostat, the share of Russian oil in the EU market began to decline after February 2022, but fell sharply after the introduction of the price ceiling. At the same time the US, as well as Norway, Great Britain and Libya,increased their shares The United States came out on top in oil supplies to the European Union by the end of 2......
US imposes sanctions on Assad's cousins
Bashar al-Assad poster The US Treasury Department's Office of Foreign Assets Control (OFAC) has designated "key individuals supporting the regime of Syrian President Bashar al-Assad" on the sanctions list. This is stated in the message published on the website of the department. The persons on the list, as specified by the US Department of the Treasury, are related to the production, transportatio...
Penza region ranks fifth in the world in the production of turkey meat
The Penza region occupies a leading position in the production of poultry meat, in particular, turkey, in the country and in the world. Governor Oleg Melnichenko said this during his report on the work for 2022 in the regional Legislative Council on March 24. Thus, the region ranks first in the Volga Federal District and fourth in Russia. In the near future it is planned to reach the volume of 2.....
Bloomberg learned about EU plans to block Russian LNG supplies
The governments of the EU countries may get the right to temporarily prohibit Russian exporters from pre-booking infrastructure capacities necessary for LNG supplies,agency writes The EU intends to create a mechanism that will allow European countries to block the import of liquefied natural gas (LNG) from Russia without the need to impose new sanctions , Bloomberg reports. European energy ministe...
The co-owner of the PIK group will sell the Columbus shopping and entertainment center to the structure of Lilia Rotenberg
The TPS Real Estate company, among whose co-owners Lilia Rotenberg, plans to buy the Columbus shopping center in Moscow. The complex is being sold by the main owner of the PIK group, Sergey Gordeev, it is estimated at 40-45 billion rubles. The main owner of the PIK group, Sergey Gordeev, has agreed with TPS Real Estate to sell the Columbus shopping and entertainment center. RBC was told about this...
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....
Bloomberg predicted a rise in Russian diesel exports to a record level
If Russiawill maintain the pace of shipment of diesel fuel for export at the level of 1.5 million barrels. per day, as it was in the first weeks of March, Russian diesel exports hit a record high since 2016 this month, despite European Union sanctions depriving the country of its largest market. This is reported by Bloomberg with reference to data from the analytical company Vortexa Ltd, which col...
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...
USA: Week 12 Broiler Market Review 2023
Average prices for chicken cuttings showed a positive trend, which was based on an increase in prices for all positions, except for chicken wings, which have become cheaper for the second week in a row. The USDA has spent more than $670 million fighting highly pathogenic avian influenza (HPAI) and reimbursing owners, the Animal and Plant Health Inspection Service said. The costs included more than...
USA: Cattle market overview for the 12th week of 2023
According to a recent press release from the US Meat Export Federation , US beef exports were down significantly in most Asian countries in January compared to large numbers a year ago. The decline was particularly sharp in South Korea, where volume fell 36% to 18,896 tonnes and value fell 52% to $151.5 million. Korea is emerging from a record year in which exports set a record value for any singl...
USA: Week 12 Pig Market Review 2023
The market has collapsed since last week due to additional pressure from low cash prices and larger-than-expected hog shipments. The month ahead contract has fallen 13% since March 10. “Obviously there are some serious demand issues,” said Doug Houghton, an analyst at Brock Associates. April hog contracts fell ......
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...

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