Cashier will be a pass behind the counter // Government tightens fiscal control over markets

A bill on toughening the rules for the use of cash registers (KKT) to whitewash trade in markets and fairs was submitted by the government to the State Duma. The innovations concern sellers – for them the list of grounds for exemption from the use of online cash registers has been reduced, as well as … Read more

Cabotage cases have become more frequent at shipyards // Foreign-built vessels will be limited in use

The Ministry of Industry and Trade has submitted to the government a draft prohibiting the use of non-Russian-built vessels for the transportation of fuel along the Northern Sea Route, icebreaker and pilotage, as well as in coastal voyages. Not all agencies and market participants agree on the wording. For example, the fishing industry is afraid … Read more

The liquid part of the NWF rushed to a new threshold // Monitoring of public finance

The volume of the National Wealth Fund (NWF) as of December 1, 2021 amounted to RUB 13.886 trillion, or $ 185.2 billion, the Finance Ministry said yesterday. This is 12% of the projected Russian GDP in 2021. Over the month, the size of the fund decreased by 58.7 billion rubles. Of this total amount, € … Read more

Industrial Growth Limits the Deficit of Human Resources and Investments // Market Research

The Gaidar Institute’s November Industry Survey Newsletter published the results of a quarterly study of sector growth constraints in 2021. According to enterprises, the main constraint on output growth in 2021 was and remains insufficient domestic demand, but its constraining influence has decreased from 54% to 46% of mentions. In 2020, the growth of the … Read more

Fake payment is red // Facebook and Google have paid for spreading misinformation for years

In September, thanks to Francis Haugen, the whole world learned that Facebook had known for years about the gaps in its own content moderation policy, but did almost nothing about it. Now, the MIT Technology Review magazine has conducted its own investigation of the activities of Facebook. It follows that Mark Zuckerberg’s company, as well … Read more