Category: economy

“No embargo”: Russian refineries are on the verge of stopping, fuel oil will simply be burned, Russians are waiting for higher heat prices

Almost two weeks after the letter in which Lukoil warned of the impending catastrophe, Russia has not yet decided what to do with it. Oil refining in Russia, which is not yet under full embargo, but is just beginning to feel the first effects of Western sanctions, has faced a sharp decline in fuel oil…

Since the beginning of the war, the European Union has transferred 35 times more to Russia than it gave to Ukraine – Borel

Russia receives as much from the EU every day as Ukraine receives in a month and a half. For a month and a half of war in Ukraine, EU countries paid Russia € 35 billion for the supply of various resources, said EU Foreign Minister Josep Borrell. At the same time, according to him, Ukraine…

The Russian ruble is strengthening, but there is a factor that can stop it

We need to abandon Russian exports. The strengthening of the Russian currency contributes to a sharp decline in imports in Russia and, as a consequence, a decrease in demand for foreign currency from importers. RosZMI writes about this. Another additional factor is the introduction of a 12 percent commission for the purchase of foreign currency,…

The EU is preparing new sanctions against Russia in response to the atrocities committed by the Russians in Bucha

European Council President Charles Michel announced new sanctions against Russia after the world saw a photo of the racist-liberated Bucha: the bodies of shot dead civilians lie there on the roads. “Shocked by stunning photos of atrocities committed by the Russian army in the liberated Kyiv region #BuchaMassacre (” Massacre in Bucha “- Ed.) .…

Russia may start demanding other countries pay in rubles not only for gas but also for other exports

However, other countries are able to simply give up Russian goods. As did the Baltic countries with Russian gas. All that is needed is political will. After the introduction of payment for gas in rubles Russia threatens to extend this scheme to other exports, reports Reuters . ” This is a prototype system. I have…