Russian Finance Minister Anton Siluanov, giving a lecture at the Financial University, spoke about the costs incurred by the Russian budget against the backdrop of hostilities and sanctions Russian Finance Minister Anton Siluanov, speaking at a lecture at the Financial University, said that a colossal amount of financial resources is needed to carry out the […]
“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 […]
According to the Minister of Finance of the Russian Federation, the Russian Federation is a reliable borrower and will try to find an opportunity to pay off its obligations Russian Finance Minister Anton Siluanov said that a technical default threatening Russia due to the fact that the United States refused to renew a license that […]
Nike did not renew its franchise agreement with Inventive Retail Group (IRG), which owns the country’s largest single-brand chain of US retail stores. This follows from a letter from IRG President Tikhon Smykov to the company’s employees, which Vedomosti has read. He explains this decision by the fact that Nike cannot “in the foreseeable future” […]
Now, in the absence of this permission, Russia will not be able to pay off government bonds and may be on the verge of default The US Treasury announced its refusal to renew a license that allows the Russian Federation to make payments to service its foreign debt. This is stated in the official message […]
The euro exchange rate at the Moscow Exchange on Monday fell below 59 rubles. As of 17:05 Moscow time, the euro on the stock exchange was worth 57.26 rubles, 2.96 rubles less than the closing level of previous trading. As noted Interfaxthe exchange rate of the single European currency fell below 59 rubles the previous […]
The group of clothing brands Levi Strauss & Co (Levi’s) leaves the Russian market. About it writes Kommersant, citing sources. According to them, Levi’s has stopped deliveries of goods and is looking for buyers for part of its Russian stores. The brand plans to sell the remaining products at other sites. The interlocutor of Kommersant […]
Earlier, the Russian Association of Cinema Owners said that without the help of the authorities, the industry would face catastrophic consequences. Russian cinemas were refused by the authorities in providing subsidies in the amount of 6.5 billion rubles to support the industry. This was reported by Interfax with reference to the head of the Russian […]
Another part of the countries fear that this may be perceived as a sign of weakness The leadership of some countries of the European Union considers it necessary to consider the issue of postponing the introduction of a ban on the import of Russian oil. This information is provided by Bloomberg. The agency refers to […]
The exchange rate of the American currency at the auctions on the Moscow Exchange dropped to the level of 65 rubles. Since the beginning of the trading session, the dollar has fallen by more than 2 rubles. As of 15:20 Moscow time, the dollar on the stock exchange cost exactly 65 rubles. The euro exchange […]