The UK imposed sanctions against four Russian banks: MTS-Bank, Uralsib, Zenit and Bank St. Petersburg were subject to restrictions. It also became known about new sanctions from Australia, which introduced restrictions against two more Russian banks – Far Eastern Bank and Roseximbank. @banksta
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Every third Russian does not have savings for a “rainy day”. 34.5% of citizens declared the complete absence of an “airbag”. Among those who still have savings, 40.5% will be able to live on these funds for only a month. 10.1% of Russians have enough savings to last a quarter, 7.6% – half a year, 5.2% – a year. @banksta
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The US administration will put pressure on countries that are trying to “keep in the two camps” by maintaining trade ties with both Russia and the West, writes Bloomberg. According to the publication, the pressure will be focused on those companies in these countries that have trade ties with the United States. @banksta
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The authorities of Kazakhstan have declared their readiness to issue residence permits to foreigners for 10 years under a simplified scheme. The innovation will affect everyone who has professions in demand in the country: programmers, aviation engineers, bacteriologists, neurosurgeons and oncologists. @banksta
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Russia can provide up to 30% of India’s oil imports as early as 2023. India last year increased oil imports from Russia sevenfold: if in 2021 oil supplies from Russia amounted to 100 thousand barrels per day (b / d), then in 2022 – 700 thousand b / d. The share of Russia in Indian oil imports increased from 2% to 15% during this period. @banksta
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The US will increase duties on more than 100 types of Russian metals, minerals and chemical products – White House. Also, the G7 countries intend to keep Russian sovereign assets frozen until the conflict in Ukraine is resolved. @banksta
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The European Commission suspended employees from using TikTok due to security concerns surrounding the social media app’s data collection practices, and the Council of Europe later said it plans to follow the move. TikTok’s head of European public policy said the move took the company by surprise: “When they don’t tell me what the process is, it seems non-European.” @banksta
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The dollar on the Moscow Exchange exceeded 76 rubles for the first time in ten months, the euro is trading above 80 rubles. Both currencies have risen in price by more than a ruble. @banksta
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The leader of Turkey’s main opposition party, Kemal Kılıçdaroğlu, has promised that the sale of housing to foreigners will be banned for five years if his party comes to power in the upcoming elections. In a series of tweets on Feb. 21, he wrote that the ban would remain in place until housing prices fell. Kılıçdaroğlu also criticized the VAT exemption for foreigners who buy housing in Turkey in foreign currency. @banksta
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FATF suspended Russia’s membership in the organization. An exception is tantamount to being blacklisted by an organization. This list includes countries that do not cooperate with the organization and do not implement its recommendations in the field of combating money laundering and terrorist financing. Now banks and other financial institutions (far from being only “Western”) may face restrictions in their work with clients and companies from the Russian Federation as a country that has been blacklisted. It also hurts foreign investment. That’s not all the news for today – the FATF has also added South Africa and Nigeria to the gray list. The Gray List is a list of countries that do not fully comply with the FATF standards, but which have committed to correct their mistakes and work to improve their system for combating money laundering and terrorist financing. @banksta
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Suspension of Russia’s membership in the FATF (FATF – Financial Action Task Force, Financial Action Task Force, Financial Action Task Force, Financial Action Task Force) does not entail any obligations and restrictions for financial institutions in Russia and abroad, Rosfinmonitoring said. The decision is unfounded and goes beyond the mandate of this organization. Ukraine sought solutions. @banksta
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The United States imposes sanctions against 11 Russian banks The new package of sanctions included: Credit Bank of Moscow, Urasib Bank, MTS Bank, St. Petersburg Bank, Zenit Bank, Lanta Bank, Metallinvestbank, Primorye Bank, SDM-Bank, Ural Bank for Reconstruction and Development, Levoberezhny Bank. @banksta
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The United States believes that peace in Ukraine based on the recognition of the entry of new territories into Russia will not be sustainable – US Secretary of State Anthony Blinken. Moreover, all military contracts have not yet been fulfilled and paid. @banksta
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French President Emmanuel Macron and German Chancellor Olaf Scholz recommended that Ukrainian leader Volodymyr Zelensky during a meeting in Paris start peace talks with Russia, The Wall Street Journal writes, citing sources familiar with the conversation. According to the interlocutors, over dinner at the Elysee Palace, the residence of the President of France, Macron recalled that even such “mortal enemies” as France and Germany made peace after World War II. He noted that Zelensky was a “great military leader” but that he would end up having to make difficult political decisions. @banksta
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The gas company Qazaq Gaz proposed to Gazprom to consider the possibility of creating a new transit gas pipeline from Russia to China, which could also be involved in the gasification of the east of the republic. @banksta