Fraud scenarios have changed with the war in Ukraine. National Bank warns Ukrainians that fraudsters have intensified their attempts to deceive the citizens of Ukraine. The NBU noted that at present we can identify the four most common types of fraud, which appeared during the war. It is noted that the main scenarios of scammers…
Category: economy
The IEA plans to market the largest oil reserve in its history
Oil prices have already reacted, but experts expect a new increase in the cost of the resource. The International Energy Agency (IEA) intends to release and supply 120 million barrels of oil over the next six months. This is the largest release of IEA reserves in all 47 years of the organization's existence. This was…
The US Federal Reserve has decided to halve its assets
The reduction will affect securities. The US Federal Reserve has warned that it is ready start reducing the assets on its central bank's balance sheet by $ 95 billion a month. That is, the reduction will be twice as much as it is. This is evidenced by the minutes of the meeting, which took place…
“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.) .…
“No more trust”: all Baltic countries have stopped importing gas from Russia
The President of Lithuania calls on other EU countries to stop buying gas from the aggressor state. Latvia, Lithuania and Estonia have stopped importing Russian gas since April 1, said Uldis Baris, head of the Latvian gas operator Conexus Baltic Grid, reports Leta . « If earlier There were some doubts about whether it was…
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…
Prices for new cars in Russia increased by 40%
Stocks of some car brands will soon be depleted, and their new deliveries are impossible due to sanctions. New cars in Russia rose by an average of 40% in March due to devaluation and suspension of supplies amid full-scale war waged by Russia against Ukraine , writes ” Kommersant “ with reference to the data…