Where ours did not insure // The Supreme Court stood up for arbitration managers of large debtors

The Supreme Court of the Russian Federation (SC) recognized the existence of a crisis situation in the field of liability insurance of arbitration managers (AI). The decision of the Supreme Court was made on a dispute about the possibility of removing the manager if he could not get additional insurance to manage the bankruptcy of … Read more

Preferential loans make it easier for IT // But this will not solve problems on the side of banks

The Ministry of Digital Development proposes to simplify the possibility of obtaining preferential loans for digital transformation projects. The office of Deputy Prime Minister Dmitry Chernyshenko notes the high demand for the support program and believes that the changes will make it available to a larger number of accredited IT companies. At the same time, … Read more

The industry continues to lose imports // Monitoring of the market situation

The new issue of the Gaidar Institute’s (IEP) bulletin of market surveys published the results of a study of the provision of industrialists with raw materials, materials and components. As it turned out, in July, this provision from Russian suppliers increased to 79% – up to the average level of previous years. The supply of … Read more

One seventh of the global recession // The IMF again worsened the forecast for global GDP growth

Global GDP growth in 2022, amid the continued effects of the pandemic and the continuation of the crisis in Ukraine, will slow to 3.2%, according to the new International Monetary Fund (IMF) World Economic Outlook, which is now 0.4 percentage points lower than the April forecast. The implementation of the negative scenario, which includes a … Read more

Between inflation and recession // The ECB began to tighten monetary policy

The European Central Bank (ECB) raised key rates for the first time in 11 years – and immediately by 0.5 percentage points, which brought the deposit rate out of the negative zone. The reason for the tightening of monetary policy, which was twice as sharp as expected, was the continued rise in inflation in the … Read more

June did not come out with housing // Growth was interrupted in the sector of apartment buildings

In the first half of 2022, residential construction commissioned volumes grew by 44% year-on-year, to 52.6 million square meters. m. A key role in this was played by private construction. The multi-apartment building (MFB) sector grew more slowly, and in June it even showed an 8% yoy decline in volumes. This is due both to … Read more

Perfume is running out of turnover

The desire of consumers to save money, a 30% increase in the cost of popular items and a reduction in the assortment do not allow perfumery and cosmetics stores to restore sales. In the first half of June, the turnover of such outlets was 12% lower than last year, and the number of purchases was … Read more

Dance, you have a courier // Russian Post will take care of express delivery from stores

The growing popularity of fast delivery of goods from stores among Russians prompted Russian Post to open a separate business line. The company began to develop as an operator that provides retailers with couriers and IT infrastructure and allows fulfilling an order from 60 minutes. Market participants believe that the emergence of a major player … Read more