Oleg Deripaska proposed to cut officials and security forces to save the economy And at the same time he warned that “there will be no money next year.” Deripaska voiced his reformist ideas at the Krasnoyarsk Economic Forum. The businessman said that “state capitalism is a path to nowhere,” and Russia needs a market economy […]
“The world order is changing.” Billionaire Dalio predicted the decline of the dollar and the end of globalization American billionaire predicts the decline of the dollar and globalization. “The era of world order with the dominance of the dollar and globalization in the economy is passing away, now the main world powers are forming their […]
World food prices show decline for the fourth month in a row Meanwhile, they remain substantially higher than last year. World food prices in July decreased by 8.6% compared to the previous month. This is the sharpest decline since October 2008, says the FAO (Food and Agriculture Organization of the United Nations). Prices have been […]
Since the beginning of summer, the demand for cash has increased in Russia. About it informs “The Secret of the Firm” with reference to the Central Bank. From June 1 to June 9, their volume in circulation increased by 150.4 billion rubles. Yury Belikov, Managing Director of the Validation Department of Expert RA, believes that […]
The leading Danish energy company Ørsted has until May 31 to make a payment for gas supplies from Russia, but does not intend to do this in rubles, as required by the Russian side. In this regard, according to TASS, the company admitted that Gazprom would turn off the valve for it. The company’s statement […]
If the money is not credited to their accounts within 30 days, default will be declared on Russian foreign obligations On May 27, Russia was to make payments on its foreign loans of 71.25 million dollars and 26.5 million euros. Meanwhile, by the evening of this day, the funds did not come to the accounts […]
Next month, Russian citizens are waiting for several important innovations. They will affect pensioners, IT people, football fans, as well as drivers and those who plan to go on vacation in the summer. Increase in pensions From June 1, pensioners who left their jobs in February 2022 will receive increased pensions. In this case, citizens […]
Andrei Klishas, head of the Federation Council Committee on Constitutional Legislation, spoke in favor of paying in rubles for deliveries of both grain and fertilizers. He wrote about this in his Telegram channel. “Supplies of grain, fertilizers are all for rubles,” the senator commented on the information that the Ministry of Agriculture of Russia allows […]
The ruble falls for the second day. During morning trading on the Moscow Exchange, the dollar exceeded 67, the euro – 71. This turn of events was clearly provoked by the Central Bank, which unscheduled the day before lowered the key rate to 11% per annum. Having risen in the second decade of May to […]
“Under the conditions of the sanctions imposed against Russia, the reform of control and supervision should continue,” said Mikhail Romanov, deputy of the State Duma of the Federal Assembly of the Russian Federation, first deputy chairman of the State Duma Control Committee, member of the United Russia faction, as part of the discussion platform “Effectiveness […]