The Bank of England made its bet // The British regulator supported the trend towards tightening monetary policy

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

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

Housing is out of reach // OECD proposes changing property taxes to cope with prices

Years of steady growth in the price of a square meter, which has accelerated during the pandemic and may receive a new impetus in the form of rising central bank rates in developed countries, makes it increasingly difficult for the young and poor to access housing, and an increasing share of housing is concentrated in … Read more

About Sollers, about Sollers mio // Vadim Shvetsov sold the auto concern to top managers

As it became known to Kommersant, Vadim Shvetsov left the automotive business – Sollers Auto was sold to a company founded by the top management of the auto concern. The source of Kommersant explains the decision of Mr. Shvetsov by the need to change the strategy of the concern, which focused on joint ventures with … Read more

“Electronic voucher” did not sign // Tour operators ask to clarify the rules of the system

Less than three months before the official start of the GIS “Electronic Voucher”, business is trying to get the authorities to explain the mechanism of its functioning. To launch the system, it is still necessary to form a single register of travel agencies, which, as market participants fear, is unlikely to be ready by July … Read more

From the life of buyers // Sanatoriums will be supported from the budget

Crimea, which this summer may be short of tourists due to the closed airport of Simferopol, has a chance to compensate for the losses at the expense of pensioners and state employees. The peninsula turned out to be in demand among public procurement operators who purchase vouchers to sanatoriums for those in need at the … 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