The government will save Russians from imported goods worth a trillion rubles | 05/31/21

The Russian government is stepping up its import substitution program, First Deputy Prime Minister Andrei Belousov said in an interview with RBC. According to him, we are talking about deliveries worth a trillion rubles a year, which are “critical imports”,…

“The budget was flooded”: The government demanded 100 billion rubles from metallurgists | 05/31/21

The incomes of Russian metallurgists have grown exponentially in 2020, they received 100 billion rubles in excess profits and must return this money to the budget. This was stated by the First Deputy Prime Minister of the Russian Federation Andrei…

“Out of harm’s way”: Foreigners dropped the Russian national debt by another $ 1.9 billion | 05/31/21

Foreign investors continue to withdraw from Russian government bonds amid growing geopolitical tensions and expectations that the Central Bank of the Russian Federation will keep its key rate hike. At the end of April, non-residents dumped federal loan bonds for…

The average mortgage term in Russia has reached almost 20 years | 05/28/21

The weighted average term for mortgage loans issued in April 2021 has updated the maximum since the beginning of the publication of observations by the Bank of Russia, that is, since 2018, and has reached 19 years and 10 months,…

Russian airlines began flying over Belarus | 05/29/21

Russian airlines have begun to fly around the airspace of Belarus, despite the fact that the European ban does not apply to them. According to Forbes, citing sources in the aviation market and in one of the relevant departments, on…

The Constitutional Court will check the laws that allowed a citizen of the Russian Federation to be fined 31 million rubles. due to US sanctions | 05/29/21

The Constitutional Court (CC) of Russia accepted for consideration the complaint of the Russian citizen Nikolai Kuznetsov, who was fined 31 million rubles due to US sanctions for currency transfer, and will check the constitutional norms of Russian legislation that…

US for the first time since 1991 began to buy Iranian oil | 05/28/21

Iran for the first time since November 1991 exported oil to the United States in the amount of 33 thousand barrels per day, follows from the materials of the Energy Information Administration (EIA) of the US Department of Energy. The…

Russia starts leaping into the Gulag: Prisoners will be trusted to accelerate the economy | 05/28/21

The Russian authorities are blowing dust off the Stalinist recipes for accelerating the economy, hoping to implement large infrastructure projects with extremely cheap labor, which are expected to make a “breakthrough” towards global growth rates. The proposal of the director…

Russian national debt fell in price in anticipation of the Putin-Biden summit | 05/28/21

(Bloomberg) – Long federal bonds are showing a slight increase in yields over the week, while the market evaluates the potential of the RF-US summit and further tightening of the monetary policy of the Bank of Russia. Floaters end the…

Gazprom postponed $ 20 billion for a rainy day | 05/28/21

A cold winter and a sharp rise in gas prices in Europe pulled Gazprom out of the pit of losses. After an unprecedentedly difficult year, which the company ended with a loss under RAS for the first time since the…

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