Convenient, fast, easy: ЯRUS replaces Yandex.News

Press service “ЯRUS” The YaRUS application offers its users to choose news by interests, geography and create personal “tiers”. The convenience of working with the news feed is one of the important advantages of the Russian social network. News are distributed by interests. The neural network assigns one of 11 categories to each information. The … Read more

Deputy State Duma Lantratova proposed to remove fast food ads from children’s TV channels

The Russian Ministry of Digital Development will consider a proposal to ban fast food advertising on TV channels and resources for teenagers under 16 years old. The State Duma deputy Yana Lantratova became the author of the relevant initiative. .

Izvestia: Russian banks are testing payroll through the Fast Payment System

prt scr / SBP. Fast Payment System Five Russian credit institutions tested the payroll function through the Faster Payments System (FPS) in spring and summer. This is reported by Izvestia. Sources of the newspaper note that the tests took place at the site of the FinTech association. In preparation for testing, specialists studied the … Read more

Mortgage rates up twice as fast as they are down

Mortgage rates have found their way down again. But lenders are a lot slower in lowering interest rates than they were in raising them, reports advice chain De Hypotheekshop. Since June, capital rates in the financial markets have fallen again, amid fears of a recession among investors. But where mortgage interest rates have followed the … Read more

China is losing momentum // Monitoring of the world economy

The main indicators of the Chinese economy in July showed a slowdown in growth after a temporary acceleration in June. Industrial production grew by 3.8% over the year against 3.7% a month earlier, while the figure increased by 0.38% month on month. At the same time, the production of “new energy” cars and solar panels … Read more

Press conference of the head of the Central Bank Nabiullina. Main statements

In September, the Central Bank will extend the restriction on the issuance of cash foreign currency to individuals. The Central Bank believes that the accumulation of savings by Russians can give rise to inflation: “Today, in fact, forced accumulation of savings is a compressed spring in the economy, which under certain circumstances can give rise … Read more

Industrial activity has renewed the minimum of the sanctions crisis // Monitoring of the conjuncture

The first leading indicators of the state of the industry record a noticeable decline in business activity in the sector in July 2022. The Gaidar Institute Industrial Optimism Index (IEP), as of July 14, fell by another five points, updating the low of the current crisis and falling below the March 2022 level. The deterioration … Read more

Robots start and win // Economists suggest that losses from automation can be avoided by prohibiting progress

The optimal economic policy with rapid automation of production may be to contain or even deliberately slow down automation – this is the conclusion of the pilot work of American macroeconomists Martin Berai and Nathan Zorzi. Beraya and Zorzi do not find an equilibrium policy to mitigate the consequences of the natural rate of replacement … Read more

Beware of too fast translations // Dmitry Butrin on the language of statistics, people’s intuition and inflation expectations

It is tempting to write that this June spike in inflation expectations reflects a subtle “second inflation” trend due to destocking in industry – if it continues into July, we will. In the meantime, we are forced to state that we cannot and should not say anything in the language of simplifications: if you do … Read more