Federal news agency The German government had previously decided to transfer Rosneft’s subsidiaries to the Federal Network Agency of Germany. This measure was commented by Chancellor Olaf Scholz. The decision to transfer oil refineries is political, he said. Thus, Germany is trying to gain independence from Russian energy resources. It is known that Rosneft plants … Read more
The company noted that this step violates the principles of a market economy and the civilizational foundations of a modern society built on the inviolability of private property. Now the corporation has submitted the appeal to the court and intends to protect its shareholders. .
According to the businessman, Russia does not need to “draw checkers, but go.” To do this, it is necessary to systematize everything that the country has on all counts and want to implement it. We are talking about creating the most favorable conditions for removing unnecessary barriers and providing access to credit money. .
Due to the fact that the Russian side could not pay for transit due to EU sanctions, Ukrtransnafta on August 4 froze the pumping of fuel from Russia through the southern branch of the Druzhba pipeline to Hungary, the Czech Republic and Slovakia. As a result, Hungary and the Czech Republic themselves paid for the … Read more
New data from the Central Bank on the financial assets of households (which the regulator refers to as savings) record their reduction from 76.7 trillion rubles. at the beginning of June to 74.6 trillion at the beginning of July 2022. The main reason is the negative currency revaluation, which, according to analysts of the Solid … Read more
The Bank of England on Thursday, following the US Federal Reserve System and the European Central Bank, decisively raised the interest rate – by 50 basis points at once, to 1.75% per annum. This was the most significant increase in the indicator over the past 27 years. In this way, the regulator is trying to … Read more
The US Federal Reserve System (FRS) Wednesday, July 27, again raised the key rate, bringing it to the range of 2.25-2.5% per annum. As in June, the increase was “non-standard” 0.75 percentage points. Explaining his decision, the regulator, as before, referred to the rise in inflation in the United States – in June it accelerated … Read more
On July 22, the Central Bank (CB) refuted analysts’ forecasts and lowered the key rate much more decisively than they expected: by 1.5 percentage points at once, from 9.5% to 8% per annum. Thus, the regulator reacted to the significant strengthening of the ruble and the decline in annual inflation. A significant reduction in the … Read more
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