Browsing: Sanctions

The Government Refused To Allocate A Subsidy Of 6.5 Billion Rubles To Cinemas

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 […]

Finnish Energy Company Fortum Will Leave The Russian Market

This is stated in the report of the company, which is engaged in the maintenance of many power plants in the country. The management of the Finnish state energy company Fortum has decided to start a “controlled exit from the Russian market,” according to a company report that RBC has read. The document also notes […]

Siemens Announced Its Withdrawal From The Russian Market

This decision is connected with the conduct of a special military operation by Russia in Ukraine. Against the backdrop of the so-called Russian special operation in Ukraine, the leadership of the German concern Siemens decided to leave the Russian market. The company has already launched a procedure for terminating its production and operations in the […]

Football Club Cska On The Verge Of Financial Collapse

According to a source, a significant reduction in the budget of the CSKA football club is coming. In particular, less funds will be allocated for transfers, in other words, the purchase of players. Now it’s generally in question: will the army team buy the Turkish midfielder Yazici from the French “Lille”, who has proven himself […]

The Russian Stock Market Collapsed Amid The Discussion By The Security Council Of The Recognition Of The Separatist Republics Of Donbass

During the time that the meeting of the Security Council of the Russian Federation was held with the participation of Russian President Vladimir Putin, at which the issue of recognizing the independence of the Donetsk and Luhansk People’s Republics was discussed, the Moscow Exchange index fell by 12%. The dollar is trading at more than […]

Britain Imposed Sanctions Against Putin’s Friends, The Oligarchs Rotenberg And Timchenko

The UK has imposed sanctions on businessmen from the inner circle of Russian President Vladimir Putin – Gennady Timchenko, Boris and Igor Rotenberg. This was stated by Prime Minister Boris Johnson, reports Reuters. According to him, five Russian banks also fell under the sanctions, including Promsvyazbank, Industrial Savings Bank, Joint Stock Company Black Sea Bank […]

In April, Russia Received Less Than 130 Billion Rubles Of Oil And Gas Revenues

The Ministry of Finance of the Russian Federation reported that in April the difference between the expected and actually received oil and gas revenues to the state treasury amounted to 133.1 billion rubles. The agency predicted that last month the budget would receive additional oil and gas revenues in the amount of 798.4 billion rubles. […]