Musk suggested that Biden release all drug convicts from prison

American businessman Elon Musk proposed to release all those convicted on drug charges from prisons. He made such a statement on August 4 in an interview with the YouTube channel Full Send Podcast against the background of the active work of US President Joe Biden on the release of basketball player Brittney Griner. “If the … Read more

The ECB assessed the impact of sanctions on Russian imports // Foreign Trade Monitoring

A new edition of the Economic Bulletin of the European Central Bank (ECB) analyzes changes in trade supplies from Russia since the start of the Russian military operation in Ukraine. Energy and agri-food flows are tracked by ECB analysts using data on shipping and gas supplies, imports to Russia are summarized based on statistics from … 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

In Kherson, they are waiting for the release of Nikolaev, Odessa and Kharkov

Kirill Stremousov, deputy head of the administration of the Kherson region, believes that the geography of the special military operation in Ukraine should be expanded. .

Operational downturn // Economy accelerates contraction amid mounting uncertainty

The contraction of the Russian economy is accelerating. According to the Ministry of Economy, in June, GDP contracted by 4.9% in annual terms after a decline of 4.3% in May and 2.8% in April 2022, and in the first half of the year the economy shrank by 0.5%. The output of goods and services by … Read more

Industry sentiment confuses analysts // Monitoring of market conditions

In the current issue of the Commentaries on Government and Business bulletin, analysts from the HSE Development Center (CR) examine the results of market surveys by Rosstat of industrialists in June 2022 (see chart). Against the backdrop of a recession in the sector (caused by both supply and demand factors), depletion of stocks and expectations … Read more

Growth in industrial prices returns with falling demand // Monitoring of market conditions

Published by the Gaidar Institute (IEP) Industry Forecasts Index as of July 18 fell below the level of February this year. Earlier, another indicator of the same institute, the Index of Industrial Optimism, updated the low of the current crisis. Decreased optimism in the forecasts of industrialists was registered for all three indicators used in … Read more