For the first time in 20 years, the dollar has become more expensive than the euro

The dollar has become more expensive than the euro for the first time in 20 years

The American currency has become more expensive than the European one for the first time since 2002.

The exchange rate of the US currency on the international market has risen above the euro.

Thus, the European currency fell to its lowest since December 2002.

This is evidenced by the platform data Investing.com .

The euro at its lowest point reached 0.9999 against the US dollar on the afternoon of July 13.

At 16.04 Moscow time, the euro is worth $ 1.0024.

A day earlier, the rates of major currencies reached parity for the first time in 20 years.

At the same time, the US has reported record annual inflation since November 1981. Thus, according to the results of June, the indicator accelerated to 9.1% against 8.6% in May, although experts expected an indicator of 8.8%.

The euro is getting cheaper due to risks in the economy and geopolitics, as well as record inflation.

Earlier, topNews wrote that the economist told about the differences between the official dollar exchange rate and the real one.

The specialist explained the reasons for this phenomenon.

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Mass media: Russia and the EU have agreed on the transit of goods to Kaliningrad

Mass media: Russia and the EU have agreed on the transit of goods to Kaliningrad

Details of the agreement between the parties became known.

The EU and the Russian Federation have agreed on the transit of goods to Kaliningrad.

Official representatives of Brussels handed over a document that fully satisfied Moscow.

In particular, it says that it is impossible to restrict the movement of cargo flows between parts of the Russian Federation.

Izvestia writes about this, referring to Russian sources in high circles.

According to the interlocutors of journalists, Brussels submitted in early July a draft of documents for the permission of transit to the Kaliningrad region.

The EU noted the inadmissibility of restricting the movement of goods between Russian entities.

The approval of the final version of the documents between Brussels and Vilnius lasted several weeks.

At the moment, the issue is under consideration by Lithuania.

Another high-ranking interlocutor said that Kaliningrad as an exception will be spelled out in the seventh package of anti-Russian sanctions.

At the same time, so far the EU and Lithuania have not shown readiness to lift sanctions on the movement of goods to Kaliningrad.

According to Sergey Ryabokon, Charge d’affaires of Russia in Lithuania, the EU does not want to solve the problem of transit to the Kaliningrad region, otherwise the problem would have already been solved.

Earlier, topNews wrote that the head of the Kaliningrad region threatened Lithuania with retaliatory measures.

Anton Alikhanov called what will be done to put pressure on the country.

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Stores with Lush cosmetics are leaving Russia, the reason for the closure of the business is named

Shops with Lush cosmetics are leaving Russia, the reason for closing the business is named

Russian business is also not allowed to expand in Europe.

In Russia, they plan to close all Lush stores – there were 27 of them left after the start of the Russian special operation in Ukraine.

It is reported that the owner of the network could not arrange deliveries to Russia even for parallel imports.

In an interview with Readovka, Dmitry Azarov, the owner and CEO of Lush in Russia, said that the British cosmetics chain stopped working with them back in March.

The last purchased batch of cosmetics was stuck in Riga. Then the company closed half of the stores in the million-plus cities, and while it was selling off stocks of products.

Now cosmetics are left for 2-3 months.

“The head office does not want to cooperate with Russia because of public pressure – they troll on the networks, shareholders do not tolerate it. We have maintained normal relations [with the British office], everything is possible to resume, there is simply no understanding when,” says Azarov.

Lush will lose hundreds of millions of rubles due to leaving Russia, but the networks in Russia and Ukraine brought only 2% of the profit, so the reputation against the background of the haight in the Network turned out to be more important.

Meanwhile, in Europe, the Russian scooter service Whoosh is not allowed to turn around. The company bought scooters, announced the launch in early 2022, but everything has stalled in Europe.

And there is a person there who can start a business, but nothing can be done yet. Whoosh has so far 2500 scooters in Portugal and 2000 in Europe.

The Russians are confident that they will be able to turn around in the European market, although it is full, there are powerful operators there, but in Europe it is possible to keep their own developments. For example, the practice of virtual parking.

Currently, Whoosh has most of its business in Russia, Belarus and Kazakhstan. This is 80 thousand electric scooters.

As Topnews wrote earlier, LEGO is leaving the Russian market. 70 people were cut.

Most of the team in Moscow and in the Russian representation stop working.

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LEGO is leaving the Russian market

LEGO is leaving the Russian market

The Danish company decided to prohibit the use of the brand in sales under the parallel import scheme.

Evgeny Chikhachev, CEO of the Russian division of LEGO, announced on the TG channel that the company has decided to completely withdraw from the Russian market.

Earlier, the Danish concern wanted to use a parallel import scheme, but, according to Cherkasov, abandoned this idea.

According to Kommersant, the company also terminates all relations with the Russian representative of the brand, Inventive Retail Group, which manages the Lego business in the Russian Federation.

Edition Inc. with reference to the words of Chikhachev, he reports that the reason was prolonged and serious violations of the operating environment.

Activity in Russia is terminated for an indefinite period.

Most of the Moscow team and the Russian representation stop working. According to Chikhachev, 70 people have already been cut.

The experts referred to by Kommersant explained that the parallel import of products to Russian stores will continue, but they will not be allowed to use the brand name.

It is known that the Danish company sold its products in 81 branded stores, and on March 3 stopped supplying goods to Russia.

Topnews previously wrote that among the designers of the brand, a game about “Rosgvardiya” was released – with autozacks and fighters with weapons.

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Canada’s decision on the “Nord Stream-2” brought Ukraine to hysteria

Canada's decision on the

Canada has decided to send a turbine for the gas pipeline.

Canada has decided to send a turbine for the Nord Stream after July 14, 2022. Kommersant writes about this with reference to informed sources.

Now the unit is being tested in Montreal, in the repair shop of a British company (ITCL), owned by Siemens Energy.

Journalists believe that the unit consisting of the compressor and the gas turbine, the first will be sent a sea way to Germany, and then will be delivered to Russia.

Transportation may take approximately two weeks. The turbine will arrive in Russia with the completion of technical work on the gas pipeline, scheduled from July 11 to 21. At the same time, it will take several days to install the unit.

Thanks to the return of the turbine, gas pumping through the pipeline will increase by about 20%.

However, the head of the GTS of Ukraine, Sergey Makogon, negatively assessed Ottawa’s decision to return the turbine.

He believes that pressure was exerted on Canada, so the appropriate decision was made.

Nevertheless, he considers the logic of the West understandable on the eve of the winter season.

Recall that in mid-June, Gazprom announced technical problems with the gas pipeline, noting that Siemens GPAs are under repair in Canada, and they cannot be delivered to Russia due to sanctions.

The other day it became known about Canada’s decision to return the turbine.

Earlier, topNews wrote that in Germany they wanted to nationalize part of the Nord Stream 2.

Two similar installations were chartered for this purpose.

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The company that owns KFC is negotiating the sale of Russian restaurants

The company that owns KFC is negotiating the sale of Russian restaurants

Another product “Yum! Brands” – Pizza Hut, already sold to a Russian operator.

On the website of the corporation “Yum! Brands” (USA) it was reported that the management intends to leave the Russian market, and before that sell Russian restaurants of the KFC chain to a local operator.

The message says that “Yum!” is negotiating the transfer of ownership, including franchised restaurants, franchise and operating system.

It is also known that already in June “Yum! Brands has awarded the rights to Pizza Hut to a new owner, including all franchise assets.

At the moment, a rebranding and recruitment of employees is already underway by a Russian company.

It is known that the number of Russian restaurants of the brand reaches about fifty establishments.

As for KFC, the number of points is about 1,100.

The company has already reported that it is suspending investment programs in Russia due to its presence in Ukraine, and part of the profit from sales on its territory will be directed to helping refugees, Profile reports.

Topnews wrote that on March 9, the company announced the termination of 70 KFC restaurants in Russia.

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Alikhanov called retaliatory measures to Lithuania’s blockade of transit to Kaliningrad

Alikhanov called retaliatory measures to Lithuania's blockade of transit to Kaliningrad

The Kaliningrad Governor stressed that such a response is an extreme measure.

The Governor of the Kaliningrad region Anton Alikhanov spoke about retaliatory measures against the Lithuanian authorities for the blockade of transit to Kaliningrad from the main territory of Russia.

Among the measures being worked out is a complete ban on the import or export of goods through the Baltic States to Russia.

At the same time, Alikhanov stressed that such a retaliatory measure is extreme and will be applied, apparently, in the worst case scenario.

Moreover, the measure will affect the movement of goods towards the Baltic States through the Russian Federation, “with the exception of Kaliningrad”.

This proposal was submitted for consideration today, July 5, but is not the only one. However, the decision has not yet been made.

Earlier, Topnews wrote that the German government opposed the decision of the Lithuanian authorities to triple the blockade of Kaliningrad, which began in early April and continues to this day.

The decision is called illegal there, since transit is from Russia to Russia.

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In Europe, they called for abandoning refrigerators to fight Putin

Europe urged to abandon refrigerators to fight Putin

Bloomberg reported that dependence on Russian supplies can be reduced in this way.

The author of the international edition of Bloomberg Javier Blas believes that Europeans in the fight against Russian President Vladimir Putin should update their household appliances.

According to him, the products consume a lot of energy, and can be considered “friends” of the Russian leader, increasing the continent’s dependence on Russian fuel supplies.

In an article for Bloomberg, Blas clarifies that electricity in Europe is obtained by burning gas, and it will be needed in winter when housing needs to be heated. With a reduction in electricity costs, it is possible to cope with the gas shortage.

The new equipment, the author believes, is more environmentally friendly, so its purchase will not only support manufacturers and factory employees, but also reduce fuel consumption.

The state, he believes, should help citizens in this, because this will reduce the size of a serious problem. And this, in any case, will be cheaper than subsidizing electricity consumption.

Bias cited Greece as an example, which offers compensation of 30-50% of the price of new air conditioners.

The same thing, that is, Saudi Arabia has made a bet on high-quality and efficient new devices. All this helps to save money.

The Kremlin responded to the energy saving plan with irony. According to Kremlin speaker Dmitry Peskov, old household appliances are not a friend of Vladimir Putin, they are friends with Americans.

“Because more expensive American liquefied gas is being supplied now than Russian pipe gas,” he explained his answer.

According to Peskov, the same “friend ” technique is for the heads of European states who preferred to buy cheap and predictable Russian gas supplies.

Earlier, Topnews wrote that the collapse of the industry was predicted in Germany due to the rejection of Russian oil and gas.

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The expert revealed the legal scheme of “additional length of service” for retirement

The expert revealed the legal scheme of

Future pensioners should hurry up, the economist believes.

Associate Professor of the Department of the RF Chamber of Commerce and Industry “Human Resource Management ”, scientist-economist Lyudmila Ivanova-Shvets told the media how “to buy experience ” for those who do not have enough pension points and experience for old-age pension registration.

Recall that the law requires compliance with several conditions: reaching a certain age, seniority and coefficients. But those who worked for a gray salary, without paying social contributions, face difficulties in obtaining a social pension.

In an interview with the agency “Prime” Shvets said that the topic is also important for those who need to think about their retirement independently, namely for self-employed Russians.

According to her, there is a transition period in Russia until 2024, so each of these years has its own experience and points in the conditions.

After 2024, Russians will need at least 15 years and 30 points to retire.

By law, “ you can buy ” 50% of the experience – 7.5 years. To do this, you need to write to the FIU, sign a contract and transfer at least 36,669.6 rubles in 2022. For self-employed citizens, the amount is constant – it is 34,445 rubles.

“This amount will make it possible to add 1 year of experience and 1,076 points”, — Shvets explained.

According to the economist, it will not be possible to jump on the train at the last moment in “8221;. You need to take care of your pension in advance. So, 12 months before retirement and with a shortage of, for example, two years, the future pensioner will not have time to pay the entire amount.

The problem is that pension points are accrued for a year, so you will have to work for another 12 months to become a pensioner.

Russians can also get the maximum amount of points: to do this, you need to deposit 293,356. 8 rubles and get 8.52 points. However, the credited experience in this case will be only 1 year, Shvets explained.

Earlier, Topnews wrote that since June 1, pensions, the living wage and the minimum wage have been increased by 10% in Russia.

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FT: Putin taught the West a lesson by signing a decree on the transfer of Sakhalin Energy property to the ownership of the Russian Federation

FT: Putin taught the West a lesson by signing a decree on the transfer of Sakhalin Energy property to the ownership of the Russian Federation

According to Western media, Putin taught the West and the UK a lesson by decree on the Sakhalin-2 project.

Russian President Vladimir Putin signed a decree on special measures in the field of fuel energy.

The measures are related to the unfriendly actions of a number of foreign countries.

The document published on the official portal of legal information says about the order to change the operator of the Sakhalin-2 oil and gas project, and transfer the company’s property to the state.

Thus, the operator’s property will be transferred to companies created by the government.

Its use will be carried out free of charge, and the state will assume the rights and obligations of the operator.

The shareholders of “Sakhalin Energy” are “Gazprom” (50%+1 share), Shell (27.5% minus 1 share), Mitsui & Co. (12.5%), Mitsubishi (10%).

According to journalists of the British edition of the Financial Times, Putin’s decision on Sakhalin-2 has taught the West and the UK a lesson.

The article emphasizes that the actions of the President of Russia have become a warning for fuel producers trying to quickly sell their assets.

First of all, we are talking about British Petroleum and French Total Energies, which have investments in projects for the development of Russian gas fields.

“Moscow does not want Shell to remain a ghost shareholder that does not generate profit”, – the newspaper writes.

Earlier, topNews wrote that Germany, according to media reports, wants to nationalize part of the Nord Stream-2.

Experts commented on reports about Berlin’s plans.

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