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

Moscow Exchange to start trading Uzbek sum, Armenian dram and South African rand

From June 27, the Moscow Exchange launches trading in the Uzbek sum, Armenian dram and South African rand. The exchange also plans to begin trading in UAE dirham-Russian ruble and U.S. dollar-UAE dirham pairs. A press release from the exchange clarifies that spot and swap instruments for the following currency pairs will be available to … Read more

Abramchenko: Russia will begin to abandon plastic goods by 2025

Russia will start phasing out single-use plastic products and packaging from 2025, Russian Deputy Prime Minister Viktoria Abramchenko said. According to her, this refusal will be gradual and will consist of several stages. The draft law on the entry into force of the main norm, which was the subject of a hot discussion, when the … Read more

How will the single tariff of social payments be arranged?

From 2023, in accordance with the package of documents adopted on Wednesday, June 8, on the creation in the Russian Federation of a unified Social Fund based on the PFR and the Social Insurance Fund, a single tariff with a common threshold for the contribution base for paying contributions to pension insurance and insurance in … Read more

Dozhd TV channel will start broadcasting in Latvia

The Latvian National Media Council issued a broadcasting permit to the Dozhd TV channel (recognized as a foreign agent in the Russian Federation). It will begin broadcasting from Thursday, June 9, the head of the council, Ivars Abolins, said on Twitter. The editors of the channel have not yet commented on this decision. Roskomnadzor blocked … Read more

Promsvyazbank will start working in the LPR

The People’s Council (Parliament) of the Lugansk People’s Republic (LPR), recognized by Russia, adopted a law on the work of Promsvyazbank in the republic. The bank will issue Mir cards in the LPR. This will help ensure the transfer of funds to Russia, said council member Alexei Beletsky. The decision to operate the Russian Promsvyazbank … Read more

Kalashnikov plant in Venezuela will not start in 2022

Logistical problems will not allow the launch of the plant of the Kalashnikov concern in Venezuela in 2022, said CEO Vladimir Lepin. The production, which, in particular, was planned to produce AK-103 assault rifles and ammunition, in the fall of 2021, the Venezuelan side promised to complete this year. launch of the enterprise in 2022. … Read more

Exchange in Luanda will start operating eight years after its creation

The prospectus for the initial public offering of shares of the country’s largest bank, Banco BAI, has been published in Luanda. This event was noted by world news agencies, including Bloomberg, since the IPO will allow the launch of the Angolan Stock and Debt Exchange, which was created eight years ago. Trading will begin on … Read more

Twitter will start testing the post editing feature

Twitter has been developing a post editing feature since last year and will soon launch it in a test mode for premium subscribers, the company said. Earlier, the founder of SpaceX and Tesla, Elon Musk, who recently became a shareholder of Twitter, conducted a poll among users about this on his page on the social … Read more