Enterprises intend to compensate for the seized property in the Crimea. More than a dozen Ukrainian companies that were in the past related to Igor Kolomoisky, filed a petition with the US Federal District Court in the District of Columbia with a request to confirm the arbitration award against Russia in favor of these companies…
The total direct losses of small and medium-sized businesses over the four weeks of the war are estimated at $ 85 billion. Because of Russia's war against Ukraine, the owners of small and medium-sized businesses had to cut almost a third of their staff. Another third was sent on forced leave. This is stated in…
Arrested cars, houses, land, yacht and more. The State Bureau of Investigation reported that The court arrested 154 objects of movable and immovable property of the Medvedchuk family. DBK and UCP. property of the People's Deputy Viktor Medvedchuk and his wife Oksana Marchenko. Among those arrested: 26 cars, 30 plots of land, 23 houses, 32…
Stable sources of income will be international donations and migrant workers' money. Ukraine's economy will gradually recover, however real GDP in 2022 may shrink by at least a third , the National Bank of Ukraine said on Thursday. In particular, Ukraine's GDP is expected to shrink in all respects. Thus, private consumption will decline due…
The trader joins other companies and countries that avoid Russian oil. The world's largest independent oil trader Vitol Group intends to completely stop trading in oil and petroleum products of Russian origin by the end of this year, according to Bloomberg . Oil volumes will fall this quarter and will stop by the end of…
Legal departments of traders are trying to understand how to act under new sanctions against Russia. Large global trading companies plan to reduce purchase of oil and fuel from Russian state-owned oil companies on May 15 to avoid violating EU sanctions against Russia. According to Reuters, the EU did not impose a ban on Russian…
The hacking group Sandworm has been confirmed as a unit of 74455 of the Russian military intelligence department of the GRU. The hacker group Sandworm, confirmed as a unit of 74455 of the Russian military intelligence department of the GRU, in the evening of April 8 launched an attack on Ukraine's energy system, aimed at…
Russia has begun to suspect that default is not easy. Russia still does not link the default of the country, the mechanism of which was launched on April 4, and sanctions imposed by the world community against Russia as an aggressor. On April 12, Russia's finance ministry issued a statement denying the country's default. “Russia…
One problem – the region is characterized as inaccessible and very expensive for tourists. Russian President Vladimir Putin has instructed the government to increase cashback for travelers to the Far East. This was reported by Forbes Russia. According to Putin, the authorities want to “create conditions so that it is cheaper to come to the…
Sanctions that already exist and will continue to have a much stronger effect than default. Default on Russia's foreign debt is inevitable, but will have only one consequence for the Russians, and the war will not stop. This was reported by the analytical center CASE Ukraine. “Fundamentally, the recognition of default does not affect the…