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Bankers announced a sharp increase in unemployment and a decrease in the incomes of Russian citizens a month before the special operation to protect Donbass.

According to media reports, a month before the start of Russia’s special operation in Ukraine, the government and the president of Russia were presented with assessments of the possible consequences of tough Western sanctions on the Russian economy.

Employees of Russian state banks and the Bank of Russia provided their research to the Russian authorities.

According to Frank Media, referring to informed sources, Sberbank, VTB and the Central Bank prepared their speeches.

The interlocutors of the publication said that the bankers presented the economic consequences of restrictive measures from the escalation of the situation with Ukraine.

At that time, the recognition of the independence of the DPR and the LPR was considered the toughest scenario.

“Even the participants with the most exuberant imagination could not imagine what consequences this would lead to ”, – the publication quotes the interlocutor.

Journalists also published the main points of the presentation, which predicts the consequences of the toughest sanctions against Russia:

• a strong drop in GDP of at least 10%;
• an increase in unemployment from 4% to 12%, a drop in income;
• the need to recapitalize banks by 5-6 trillion rubles;
• the growth of the key rate to 20-30%;
• the growth of the dollar and euro 150-200 rubles;
• the delay in the development of the country.

At the same time, none of the scenarios presented by experts considered sanctions against the Central Bank of the Russian Federation.

Recall that in the first days of the military special operation in Ukraine, the United States, the EU and Japan imposed sanctions against the Central Bank.

At the same time, it seems that the sanctions adopted are not yet final, and as the conflict grows, they will increase, according to one of the state banks. In this connection, the assessment of damage is complicated.

Earlier, topNews wrote that the Kremlin reacted to rumors about the introduction of martial law in Russia.

The Kremlin’s official representative called this information fake.

Источник topnews.ru

MEGA shopping malls will remain open.

From March 4, the suspension of the work of the Swedish furniture concern IKEA will begin.

The company officially announced this in its press release, confirming that all Ingka Group stores in Russia and Belarus will be closed.

At the same time, MEGA shopping centers remain open in Russia, but IKEA stores will suspend work.

This is reported in the company’s press release.

“Inter IKEA suspends all production that IKEA Industry conducts in the Russian Federation. This also means that all deliveries from all our Russian subcontractors to IKEA Industry facilities have been suspended,” IKEA writes.

15 thousand people who work for IKEA will be hit. The company promised to keep them income and employment in the future. Support will be provided to both employees and their families.

In addition, IKEA and the IKEA Foundation donate more than 400 million Swedish kronor to help refugees from Ukraine. This is $41 million.

Online sales in stores will be stopped as early as March 4, 2022. Restrictions will last until May 31.

Earlier, Nike closed all its stores in Russia. Mitsubishi laid off employees of 141 service centers. The day before, ASOS stopped shipping its products to Russia. Announced the suspension of activities in the Russian Federation and Škoda.

On Thursday, March 3, Volkswagen announced that it had stopped production in Russia, deliveries to the country are immediately stopped.

In response to the sanctions, Russia stopped supplying rocket engines to the United States manufactured by NPO Energomash.

This was announced by the head of the state corporation “Roscosmos” Dmitry Rogozin on the air of the TV channel “Russia 24”.

As Topnews wrote earlier, experts predicted that due to sanctions, supplies from some countries will be replaced by products from others.

So, coffee, tea, cocoa and citrus fruits will be imported from countries that did not support anti-Russian sanctions. Now importers are urgently rebuilding their work.

Источник topnews.ru

Experts explained what awaits the goods on the shelves of grocery stores.

The media reports on the fate of imported products that are supplied to Russia, against the background of sanctions imposed by the EU, the United States and a number of other countries against the background of events in Ukraine.

Experts say that in the worst case, supplies from some countries will be replaced by the purchase of products in others.

According to Rossiyskaya Gazeta, citing the opinion of the interviewed experts, they believe that the so-called direct import of food products, which Russia does not have, namely coffee, tea, citrus fruits and cocoa, is carried out from countries that have not joined the anti-Russian sanctions.

In addition, European supplies of fish and alcohol to the country continue.

Importers, as experts explain, are rebuilding their work soon, because the sharp devaluation of the ruble has led to serious market instability.

There are difficulties with circumventing sanctions and logistics, so the market will be stormy, they said.

According to the head of the Executive Committee of the National Meat Association Sergey Yushin, beef meat, which is purchased abroad, is already being sent in sufficient quantities  Russia, and pork and poultry meat in the country has enough of its own.

According to the media, in order to stabilize prices, the government announced the zeroing of import duties by the end of 2022. This affected the supply of 200,000 tons of beef, 100,000 tons of pork.

As Topnews wrote earlier, the speaker of the Federation Council Valentina Matvienko called on business to nationalize, calling in the interests of the Fatherland to prevent food prices from rising.

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Источник topnews.ru

Analysts believe that there is a way out in any scenario.

IT market analysts told the media that in case Microsoft Corporation leaves Russia, domestic users will switch to Linux OS.

As RIA Novosti reports with reference to the deputy head of the Competence Center of the NTI “Technologies of Trusted Interaction”, blocking Microsoft software is unlikely, but Russia has an alternative in the form of Linux.

Even if the game consoles stop working, the analyst reports, they will be flashed for another OS. The time that this process will take will be about six months.

There is a second scenario. So, Microsoft will close its representative office in Moscow, but the software itself will continue to work.

It’s just that the purchase of new equipment will become much more expensive, which will have to be purchased through intermediary companies.

The output in this case will be the same – Russia will go to Linux, and the consoles will work again.

As Topnews wrote earlier, Apple previously announced the refusal of sales and a number of technical support to Russian buyers.

At the moment, the export of new products to the country has been stopped.

Источник topnews.ru

The Central Bank of the Russian Federation has introduced a commission of 30% for individuals to purchase certain types of currency.

The dollar and euro exchange rates on March 3 at the Moscow Exchange reached another historical highs.

So, the US currency is trading at 110 rubles, euro – 120 rubles.

In addition, starting today, brokers will charge a 30% commission on the purchase of dollars by individuals on the stock exchange, according to the instructions of the Central Bank of the Russian Federation. This measure also applies to euros and pounds.

This “barrage commission” is calculated from the amount of the currency transaction.

The Bank of Russia says that this measure is able to level the competition of brokers with banks.

Recall that as part of the package of sanctions, the EU banned the supply of euro banknotes to Russia.

A number of Russian banks have been disconnected from the SWIFT system.

Earlier, topNews wrote that the dollar rate soared to 100 rubles. Against this background, the Central Bank of the Russian Federation raised the key rate to 20%.

Источник topnews.ru

The new regime will come into force at the enterprise on March 5.

The media became aware of the new work schedule, which is being introduced by the Russian company AvtoVAZ at the plant in Togliatti.

According to Vedomosti, citing a source in the company, the assembly of cars will be temporarily suspended at the enterprise due to a shortage of components.

The plant reported that there is a shortage of semiconductors for cars that were previously supplied from Germany.

The company could not name the deadlines for the completion of downtime.

It was planned that the shutdown of the enterprise would take several days, but due to the disruption of supplies, the timing remained uncertain.

As a source in AVTOVAZ clarified, the plant’s shutdown is not related to restrictive measures, moreover, it was planned in advance.

As Topnews reported, the US and the EU imposed a number of anti-Russian sanctions against the background of a military special operation to protect the population of Donbass, which Russia announced on February 24.

This led to the devaluation of the ruble and instability in the domestic market.

Источник topnews.ru

Seoul explained the new terms of delivery.

Sources in the Ministry of Trade of South Korea told Russian media that consumer goods will continue to be supplied to Russia, despite Seoul joining anti-Russian sanctions.

According to TASS, the authorities consulted with the United States, discussing the issue of restrictive measures taken by the American side against Russia.

As a result, Seoul decided that it would not stop supplying cars, smartphones, household appliances and other goods to the Russian Federation.

In Korea, they said that they are considered an exception, because they are addressed to the mass consumer.

The condition of Seoul is the fact that the products are not used for military purposes.

The United States has offered Korean firms to obtain special permits from the American authorities for the supply of certain types of products to factories that are located in Russia.

Earlier, anti-Russian sanctions were imposed by the United States against 22 defense enterprises of the Russian Federation.

As Topnews wrote, due to large-scale restrictive measures, H&M Group, Canon, Oracle, Nike, iHerb and Apple previously temporarily suspended their sales.

Источник topnews.ru

The businessman confirmed “huge difficulties”.

Russian media reported major financial losses of the owner of FC Spartak Moscow Leonid Fedun.

According to a source “Match-TV”, the vice president of Lukoil lost up to 80% of his fortune against the background of Russia’s military special operation in Ukraine.

Even before the start of the special operation, according to Forbes, Fedun could lose 631 million dollars.

At the same time, Roman Abramovich became poorer by $ 114 million, Mikhail Fridman by $ 206 million, and Suleiman Kerimov by $ 420 million.

After the start of the military operation in Ukraine, Fedun made a proposal to fix the euro exchange rate on salaries and transfers.

The businessman called the euro level – 90 rubles, recalling that there are foreigners in Spartak who are paid in this currency.

In response, the Tinkoff RPL clubs agreed with this decision and fixed 90 rubles for the payment of salaries to football players within the country.

Now Leonid Fedun confirms that he has faced difficulties due to sanctions, but continues to finance Spartak.

“There are huge difficulties, but I continue to finance Spartak,” says Fedun.

Recall that in 2021 in the Russian rating of businessmen, according to Forbes magazine, Fedun took the 16th place. His fortune was $11.1 billion.

As Topnews wrote earlier, in October 2021, the media wrote about the treatment of Fedun, who left for Germany.

Sources reported about the cardiovascular disease of the owner of the football club, but the press service of Spartak called for respect for Fedun’s personal life.

Источник topnews.ru

The speaker of the Federation Council stated what Russian entrepreneurs need to do against the background of sanctions.

At a meeting of the Federation Council, its speaker Valentina Matvienko advised what to do for Russian business, which faced unprecedented sanctions against itself against the background of events in Ukraine.

In her opinion, the most important thing now is to stop and counteract panic.

We need an analysis of what hinders the development of Russian entrepreneurship and private initiative, to use all opportunities to solve these problems without harming Russia.

She explained that calm mental work is more important than ever on how to resist the pressure of restrictive measures and what resources will be required.

“Now the most important thing is to turn on everyone’s brains,” she quotes Znak.com.

According to the speaker, it is equally important not to allow unscrupulous businessmen who value only profit not to take advantage of the situation.

Matvienko believes that all Russian business should become national, work to strengthen the Russian economy and prevent the price of food products, medicines and building materials from rising.

As Topnews wrote earlier, earlier the Federation Council supported President Vladimir Putin, who announced his intention to introduce peacekeeping troops into Donbass.

The agency reported that Russia has the right to introduce an army in response to the harassment of its citizens outside the country.

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Источник topnews.ru

One of the oligarch’s mansions is worth more than 22 billion rubles.

The media reports on the hasty sales of Russian billionaire Roman Abramovich. Against the background of Russia’s military operation in Ukraine and the EU sanctions imposed, the oligarch decided to sell the Chelsea club and real estate in London.

According to Bloomberg, referring to British MP Chris Bryant, Abramovich is afraid of sanctions. He will put up for sale a mansion in Kensington Palace Gardens, which has five rooms. The cost of the house is almost 150 million pounds (22 billion rubles).

In 2018, the billionaire bought a 3-storey penthouse on the Chelsea embankment in London for 22 million pounds. He will also sell it.

In addition, Abramovich will sell Chelsea football club. The media also named a possible buyer – Hansjorg Wyss. The Swiss billionaire received an offer to buy FC. He lives in the USA and is considered the most influential Swiss in the world, ranking 558th in the ranking of the world’s richest people by Forbes.

At the same time, Wyss’s fortune is half that of Abramovich – $5.1 billion versus $12.7 billion.

“Like all the other oligarchs, he is also in a panic. Abramovich is trying to sell all his villas in England,” Viss says in a comment to Blick.

Besides Viss, two other businessmen received an offer to buy Chelsea. The Swiss said that the deal could be profitable, but Abramovich “asks too much”, the oligarch wants to stall for time.

By the way, the club owes 2 billion pounds to the former owner – the buyer will be obliged to pay this amount to Abramovich.

It is unknown how much Chelsea want to sell for. Viss said he was ready to buy the club, but with 5-6 investors.

As Topnews wrote earlier, Roman Abramovich is not yet on the list of individuals who have fallen under EU sanctions. The oligarch’s plane flew to Switzerland immediately after the start of the special operation in Ukraine. Insiders also reported that Abramovich participated in the Russian-Ukrainian talks in Minsk. He was invited by the Ukrainian side.

Источник topnews.ru