#Morningnonsense Russian Yandex is like the American Google. This unexpected opinion was voiced by Serbian President Aleksandar Vucic. According to him, thanks to Yandex, Serbia will become the first country in Europe where unmanned vehicles will appear. Moreover, the head of Serbia is sure that they will appear in one and a half to two months. True, from the context of the conversation it is clear that the head of state does not mean cars, but those very funny robot couriers who deliver parcels. And in Moscow there were already such… By the way, in Belgrade, Yandex opened one of the largest offices in Russia, about a thousand employees work there, and the company plans to expand. @nebrexnya
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#Vectors of the Day The market background is neutral Asia and the EU are in the black, the Americans are slightly in the red, the commodity market is moving in different directions. Events that will affect the markets: ????The EU continues to scare Beijing with damaged relations if it starts supplying weapons to Russia. EC President Ursula von der Leyen expects China to promote a just peace in Ukraine, but all parties to the conflict have different ideas of justice. ????Xi Jinping responded that anyone who expects China to make concessions on the Taiwan issue is a pipe dream. To talk about justice. ????Vietnam does not support sanctions against Russia and isolation of the country. ????The increase in the cost of Russian energy carriers will affect the strengthening of the ruble. #Non-Break experts aren’t sure about this. ????The IMF has warned that its outlook for world economic growth over the next five years is the weakest in more than 30 years. ????US banks are trying their best to keep customer deposits. They offer bonuses for opening accounts for several months or for regular deposits. For some reason, the Fed does not consider Elvira Nabiullina’s recipes (raising the interest rate to 20). ????Tatneft is preparing to enter the retail fuel market in Turkey and buys the Turkish Aytemiz Akaryakit for $320 million. The network owns 570 gas stations. ????The Board of Directors of Pozitiv Group recommended an additional dividend for 2022 in the amount of RUB 18.94 per share. ????Microsoft will pay a fine of $ 3 million for violating sanctions. Today: ????Meeting of the Board of Directors of TNS Energo Kuban. The agenda includes the issue of dividends for 2022. ????Meeting of the board of directors of TNS energo Rostov-on-Don. Dividends for 2022 are on the agenda. @nebrexnya
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A very dangerous idea. Who and how will assess involvement in the financing of activities? If everyone who participated in the rallies, for example, or donated on streams, falls under the brush, hundreds of thousands, if not millions of people may be without bank accounts at once. In any case, a macroeconomically significant number of bank customers. Only in the public domain there are data of at least 70 thousand donors. And 111 thousand addresses of supporters, who also leaked to the network. And as a result, banks will suffer from repressions, from which a noticeable part of the client base of physicists will be forcibly pulled out. The blow will be comparable to the mobilization of September last year. In addition, the creation of a whole class of people from whom money is taken away is a so-so prospect against the backdrop of political turbulence. @nebrexnya
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Andrey Molchanov’s LSR construction company has welded 20% of the market value of housing on apartments for St. Petersburg orphans and beneficiaries. The money was included in government contracts with Smolny for the purchase of housing for privileged categories of citizens. The total volume of housing contracts is 11 billion rubles, and LSR got 1.2 billion of this amount. But honestly earned money is not enough for Molchanov, so he went through the proven path of overpricing. So, under one of the contracts for 353 million, LSR sold 57 social “odnushki” in its LCDs to the Committee for Property Relations of Smolny at a price of 6.2 million rubles each. At the same time, one-room apartments there cost an average of 4.5 million. Where did the difference go? For LSR, robbing his hometown is a tradition. Until now, the scandal with the St. Petersburg Vodokanal has not subsided, whose employees agreed on the drainage of LSR developers on false water consumption documents – the tariffs for a huge residential complex came out like for a small store. The difference of 300 million was shared by both sides (officials took cash in advance). Taking into account the fact that a whole galaxy of managers from Smolny managed to work in LSR, and Andrey Molchanov himself is the successful stepson of Yuri Molchanov, projector of St. Andrey Molchanov prudently divided LSR Group into 49 legal entities that are independently engaged in a variety of projects – from crushed stone mining to a river port. But mostly construction. And although in general LSR Group shows profit, half of its companies have problems with liquidity and large debts. Which is not surprising – last year LSR managed to sell only 24% of housing under construction. And the outflow of money from the head structure is a billion rubles higher than the income. This does not prevent LSR from being a major social state contractor and receiving generous advances. For example, LLC “LSR-Stroy”, which showed a net annual loss of almost 100 million, received a contract for the construction of a scientific and educational complex in St. Petersburg for 5.3 billion with an advance payment of up to 90% of the contract value. And the state bank VTB at the end of last year issued LSR a loan of 10 billion for the Parkside residential complex in Moscow. At the same time, LSR is placing its debt securities at a record 11.7% per annum. Where does Molchanov hide all the profits? Part of it is investing (or rather, promising to invest) in the reconstruction of Sochi sanatoriums (or in the development of golden resort land with elite housing for 24 billion rubles). And, of course, he does not forget his foreign business. LSR Europe GmbH has been operating in Munich since 2003 and also builds social facilities such as student residences. It is also invested in the economy of Ukraine. Aeroc Investment Deutschland GmbH owns foam concrete plants in the Kyiv and Lvov regions, because of the imaginary German “citizenship” the Ukrainian authorities have not been able to nationalize them for six months. And the Cypriot Comcele Limited associated with Molchanov, engaged in investments, has already increased its authorized capital several times since 2020. Judging by the fact that Andrey Molchanov’s companies have not yet come under European sanctions (only Ukrainian ones), in unfriendly countries Andrey Molchanov behaves more civilly with partners and customers than in Russia, where he receives the main income. Let’s wish him good luck. And stop robbing the state.
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#There is an Opinion Analyst of the telegram channel RynkiMoneyVlast Sergey Ramaninov specifically for #Nonbrekhni about financing the budget deficit and the likelihood of tax increases: It is obvious that the issue of foreign loans is currently closed, given the anti-Russian policy of most developed countries of the world. Internal sources are OFZ, taxes and excises, as well as money printing. With OFZ, the story is quite simple: the Ministry of Finance is already actively trying to raise funds by offering high interest rates on government debt. An open issue is hardly permissible, but last year it was discussed that the Central Bank was printing money for the Ministry of Finance instead of currency. M2 money supply in Russia in March 2023, according to Central Bank statistics, +25% y/y. In the structure of the Russian budget, the largest share of income comes from taxes such as personal income tax, pension contributions, income tax, oil and gas revenues, and VAT. Personal income tax and pension contributions are unlikely to be raised, although this would be the easiest way, because. this will affect all citizens of the country, and the reaction will be negative. For oil and gas, the MET (mineral extraction tax) has already been increased – this has affected not only oil and gas companies, but also fertilizer manufacturers, for example. It is hardly worth expecting changes in this area. VAT was increased in 2018 (from 18% to 20%) – this tax is included in the cost of all goods, its increase also leads to higher prices. There remains income tax and excises – the latter change annually and relate to alcohol, tobacco and other products. Most likely, the parameters of income tax and other taxes in narrow areas will be revised. We must not forget the one-time “voluntary contribution of business to the budget.” Its parameters are still being agreed, but according to Siluanov, it is expected to receive about 300 billion rubles from this payment. In the current conditions of a record budget deficit, it is quite logical to expect an increase in the fiscal burden on business. @nebrexnya
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BRICS with oil and its own currency Will the BRICS summit in South Africa become another funeral for the US dollar? The planned sensation: the block can be replenished not only by Iran, whose application is planned to be considered, but also by Saudi Arabia. And this is a country where there is a lot of oil, and besides, it is an ally of the United States. Yes, and talk about creating your own block currency will sound different, since now it will have something to provide. What could be the global consequences for the economic unification of countries? @nebrexnya
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There is no one to work in the Urals, and soon there will be nothing. The federation will ask the governors Moscow demands to attract workers to the enterprises of the Ural Federal District and engage in the localization of production. An urgent instruction to the governors was voiced by Plenipotentiary Vladimir Yakushev. True, the Ural heads have almost forgotten how to work quickly over the years of anti-sanctions. Ural is the industrial center of Russia: factories, oil and gas production. The industry, however, depends on imported equipment and technologies: in the Tyumen region, for example, more than 70% is recognized by the Center for Structural Policy Research. Where did Governor Alexander Moor look during all the years of import substitution?! There, probably, where in the labor market – past unpleasant numbers. Now in the Tyumen region there are fewer people who are trying to find work. And in general, in the Urals, there are fewer people who want to find work than enterprises need. Most of all, the Urals lack people of engineering professions. And even increased wages at enterprises do not help to attract workers. Population growth – only in the cities of oil workers, they pull the demographics of the Urals. And young people are fleeing from industrial cities. Revda, say, has lost almost a quarter of its inhabitants in a decade, Asbest – 40%. In many cities there is simply nothing to do: people complain about bad roads, not developing services. In the Kurgan region, for example, a third of the cities are unfavorable for life, calculated in the Ministry of Construction of the Russian Federation. There are huge environmental problems in the Urals: Magnitogorsk and Reftinsky entered the top of the dirtiest settlements in the country from Rospotrebnadzor. But the governors themselves, apparently, have a good life in the Urals. After all, then really, why improve living conditions and attract specialists to the district. Let businesses desperately look for workers while they leave for a better life.
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#There is an Opinion Head of the Analytical Department of AMarkets Artem Deev specifically for #Nebrekhni – about the possible creation of a single currency within the BRICS: This has been talked about for a long time. So far, there is no consensus on the provision of this currency, but the countries that are members of the alliance (Brazil, Russia, India, China, South Africa) have long confirmed that it is necessary to move away from dollar dependence. Perhaps the single currency will be the Brazilian real, but rather the Chinese yuan, the second currency in terms of scale and volume of the world’s economy. As for the Russian ruble, the forecasts are changing in accordance with the current reality. Today, the dollar has come close to 80 rubles, in the future, the weakening of the Russian currency is also expected (due to a record budget deficit). Therefore, the average annual value of the dollar in Russia may be 77 rubles, if not more. @nebrexnya
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Dear readers! Today, the DREAMSMM team has collected for you a unique selection – only high-quality and fresh information: (email protected) – the channel of IBC Real Estate (ex.JLL), a leading company in the professional real estate services market. The company has been operating in Russia and the CIS countries for over 25 years and provides a full range of services at all stages of the project. Subscribe to the channel to keep abreast of current trends in the real estate market, have access to the expert opinion of professionals and the latest analytics for Russia and the CIS! ???? STONE by Stone Hedge is the #1 office developer channel. The company has already confirmed its leadership in the segment twice, following the results of 2021 and 2022. Today, the developer sells under the STONE brand 5 class A business centers at various stages of construction with the widest range of retail and office space from 13.9 million rubles. You can learn about real estate investment strategies and understand the analytics of the office market, as well as keep abreast of STONE sales launches by subscribing to the developer’s channel. 
All the main news about real estate and development in Russia ???? @nedvirf???? About the real estate of the Russian Federation and not only – nothing more. New buildings and developers. ???? KR is a channel about the world of cryptocurrency and the financial ocean, where it is important to catch the waves. ???? Financial success – Analysis of Russian and world macro statistics and corporate reporting. Key news from financial markets. ???? Smile, pleasant voice, confident gestures. Madame Secretary is always in the thick of things and carefully writes down all the most important things. She knows a lot about hot news and interprets it in the right way. Subscribe! ???????? Russian Council of Shopping Centers. Professional Association of developers, architects, marketers, managers, owners of shopping centers and operators of retail, catering and services. ???? @cmwp_channel – the real estate market through the eyes of professionals Commonwealth Partnership (CMWP) is a leading Russian company providing consulting, investment and agency services in the field of commercial real estate in Russia and the CIS. Compilation organized by DREAMSMM
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Shock content came from DOM.RF. 70% of all housing under construction in Russia cannot be sold. About 42 million square meters of housing in new buildings are stuck and cannot find a buyer, another 27 million square meters are not put up for sale by developers for various reasons. In total, 98 million square meters are currently under construction. m of residential property. The degree of readiness averages 34%. One way or another, 69.6 million sq.m. are not for sale. This volume has been growing since mid-2022. The fall in demand does not want to stop. And the explanation here is not even so much in the fall in demand. The problem is the lack of a picture of the future for the whole country. The weekly planning horizon is already unprecedented optimism. What can we say about the mortgage for 20 years. Mortgage subsidization did not take out the developers’ problems. Therefore, proposals are being discussed to subsidize project financing rates for the developers themselves. After all, escrow accounts do not fill up, and attracting financing at market interest means killing any profitability of projects. In general, the construction industry is steadily approaching the collapse and subsequent nationalization of many development companies. @nebrexnya
7 billion between the lines: who stood behind the Obla Owl of Invest and to whom the FSB is no longer a cover?
Fighting rates, fictitious estimates, affiliated tenders and special connections: what the interrogation protocols told and how the scheme is organized...
