The company must repay the debt in dollars. Not that Severstal had no money (only $ 12.6 million), but that Citibank's payment agent refused the payment due to sanctions against the company's owner, Alexei Mordashov. The company is looking for an alternative to avoid default, the Russian media write. Failure to pay the coupon (or…
By avoiding sanctions, Russian airlines are trying to negotiate with lessors to buy planes. But to no avail. Russia will either persuade Western lessors to sell it more than 500 aircraft, which now make up about half of Russia's air fleet, or return the aircraft to their western owners. This follows from the statement of…
The money will be used to invest in housing, education, health care, employment and childcare. The European Commission has proposed 3.4 billion euros to support EU countries helping refugees from Ukraine . This is stated in an official statement. The money will be sent under the REACT-EU program. The funds are used for investment in…
Roman Leshchenko has repeatedly appeared on the pages of information publications on not very pleasant occasions. Telegram channel “ONews Ukraine” reports about the alleged resignation of Minister of Agrarian Policy Roman Leshchenko. The corresponding message appeared on March 23 at 19:00. “Minister of Agrarian Policy Roman Leshchenko has announced his resignation. He has written a…
The Russian government has expressed readiness to support only 600,000 Russians, with almost 9 million people in need. 95,865 Russian workers in Russia are on forced “leave” due to leaving the aggressor country of Western companies. This was stated at a meeting of the Federation Council on March 23 by Vice Speaker of the Upper…
Renault can send 45,000 employees in idle. Production of the French car company Renault in Russia has been officially stopped, employees are sent to idle. This is stated in the company's statement. “As for the share in AvtoVAZ, Renault Group evaluates the available options taking into account the current situation, acting responsibly in relation to…
It is expected that the details of the agreement can be announced today or tomorrow. The United States and the European Union are close to an agreement on reducing Europe's dependence on Russian energy resources, according to Bloomberg . The states are ready to supply Europe with natural gas and hydrogen, but their volumes, pricing…
Not all sanctions have been imposed yet, the West is constantly expanding them. In a month, Russia was virtually cut off from the global financial system, access to Western technologies and trade preferences were closed, and the country lost part of its civil aviation and half of its accumulated reserves. The population was left without…
We have to wait for the end of the war. Russian owners of Alfa-Bank must sell their stake in a Ukrainian bank, but only after the war. This was stated by First Deputy Head of the NBU Ekaterina Rozhkova in an interview with LB.ua. “If there was no war, the rule would be: when a…
Rozhkova says that everything is ready and payments will begin in the coming days. Payments to depositors of Sberbank (MR Bank) and Prominvestbank, which were managed by Russia and are being liquidated by the decision of the NBU on February 25, 2022, should begin soon. This was stated by the first deputy head of the…