25.09.2022
Chicago 11, Melborne City, USA
Market

Cars began to be imported into Russia through Kazakhstan with preferential customs clearance. It’s not really legal

A new scheme for importing cars through the neighboring republic is spreading, but it violates the rules of customs clearance. Western sanctions and the mass withdrawal of foreign companies from the Russian market have made it more difficult for entrepreneurs to import cars into the country. Therefore, many Russians use “gray” schemes to buy the […]

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Market

Financial markets in Russia against the backdrop of mobilization are falling to the levels of February. But the ruble is in place

Investors were affected by a generally depressed mood amid a possible escalation of the conflict. Amid expectations of negative news, financial markets in Russia showed a rapid decline. Nothing like this has happened since February 24, 2022, with oil and gas stocks bearing the brunt. The stocks of oil and gas companies collapsed the most […]

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Market

In Russia, they can launch a residence permit program in exchange for investments: how much to invest

If the initiative is accepted, foreigners will need to donate or invest several million rubles for the sake of a residence permit. The Ministry of Economic Development has taken the initiative to update the criteria for obtaining a residence permit in Russia for foreign citizens. In particular, it is proposed to provide a residence permit […]

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Market

Counterfeit goods began to enter Russia through parallel imports

The mechanism is designed to import goods without permission from the right holders, but this does not mean that fakes can be imported. The launch of parallel imports was originally intended to compensate for the existing restrictions on the supply of “sanctioned” goods. But some businessmen decided to take advantage of the situation and began […]

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Market

Foreign banks may again be allowed to open branches in Russia

This has been prohibited since 2013, but now the conditions have changed – and the presence of a branch of a foreign bank in the Russian Federation will be a plus. Branches of foreign banks may reappear in Russia. Since 2013, such a term has been excluded at the legislative level, and therefore, in fact, […]

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Market

Imports of ferrous metals from Russia to the United States fell to almost zero

Due to the restrictions imposed, Russian metallurgists are forced to look for alternative markets for their products. The supply of ferrous metals from Russia to the United States almost completely stopped back in July 2022, follows from information published by the US Census Bureau. In Russia, such information is also not disclosed after the introduction […]

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Market

Every fourth driver in Russia drives without OSAGO, despite discounts for accident-free

Motorists in Russia have begun to take out OSAGO insurance policies less often, despite their need. AlfaStrakhovanie drew attention to the fact that in the second quarter of 2022, more than 25% of cars in Russia were used without an OSAGO policy. Moreover, in some regions this value reaches 60%. And far from always the […]

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Market

Deposits may appear in Russia that cannot be taken ahead of time. They will be 100% insured

Now the Civil Code of the Russian Federation allows the client to withdraw any deposit ahead of schedule, he loses only on interest. The Civil Code of the Russian Federation gives the right to depositors to withdraw any term deposit at any time. The maximum that a bank can do is to pay interest on […]

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Market

New iPhones will be brought to Russia through parallel imports. MTS is already accepting pre-orders

After the Apple presentation, it became known that the new iPhone smartphones may still appear on the Russian market. Apple Corporation held another autumn presentation of its new products. So, the public was shown the new iPhone 14, updated versions of the Apple Watch and AirPods headphones. Of course, all this raised a number of […]

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Forecasts

The Bank of Russia assessed OFZ sales on the Moscow Exchange by “friendly non-residents”

MOSCOW, 8 Sep — PRIME. The admission of non-residents from friendly countries to trading in bonds on the Moscow Exchange did not significantly affect the dynamics of OFZ yields, and the volume of sales by such investors amounted to only 0.02 billion rubles, according to a review of financial market risks prepared by the Central […]

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