Deputy head of the European Commission Frans Timmermans, proposing to make consumer products in the EU more durable and environmentally friendly and to abolish the “take, make, break and throw” model.
According to him, it is vital for the EU to reduce dependence on raw materials and fossil fuels from other countries, and the proposals of the European Commission will reduce energy consumption.
<<< News Feed March 29, 2022 >>>
Velux will file for voluntary liquidation in Russia as well as in Belarus. In Russia, she had only sales offices. The Danish group of contracting organizations Aarsleff also announced its departure.
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The automaker, which owns, in particular, the brands Peugeot, Citroen, Opel and Jeep, announced a possible imminent cessation of production at the plant in Kaluga due to problems with the supply of spare parts.
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A Moral Rating Agency is being launched in London that will monitor companies still working with Russia and rank companies according to this criterion.
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The share of gas in Estonia’s energy consumption is small, but important enough to look for an alternative to its supply in modern conditions, Prime Minister Kaja Kallas told reporters.
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OPEC+ ministers voted to increase oil production quotas by 432,000 barrels per day from May, according to an OPEC press release. Thus, the decision implemented an increase in the reference base by 1.63 million bpd from May 2022, from which the decline in production is counted.
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The government decided to postpone the introduction of a zero VAT rate for tour operators, by analogy with hoteliers, officials want to first analyze the impact of the measure on business efficiency, Deputy Prime Minister Dmitry Chernyshenko said at a government meeting with the tourism industry.
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The fish labeling experiment, which was scheduled to start on April 1, 2022 and end on February 28, 2023, has been postponed. According to preliminary data, it may begin in March 2023. The Ministry of Industry and Trade has not yet commented on the timing of the transfer.
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In 2021, Russian Railways received a net profit of 50.7 billion rubles under IFRS against a net loss of 6.3 billion rubles a year earlier, follows from the company’s financial statements
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As of March 25, 2022, Russia’s international reserves amounted to $604.4 billion, follows from the information on the website of the Bank of Russia. Thus, in five weeks they decreased by $38.8 billion compared to the absolute maximum of $643.2 billion on February 18 (up to now, this was the last data published by the Bank of Russia).
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Jyrki Petteri Talvitie and Tomas Maria Verasto have left the board of directors of United Medical Group Cy Plc, the company (operating under the European Medical Center, EMC) brand said. They both submitted their resignations.
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The Council of Bloggers under the Council of the Federation of Russia drafted a letter of claim to Meta demanding $1 billion in compensation in favor of users and entrepreneurs of the Instagram social network affected by the blocking. The letter also contains a demand for Meta to publicly apologize to the citizens of Russia.
«The compensation paid will be used to support individuals and legal entities that have suffered losses as a result of the illegal actions of Meta Platforms Inc.»
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The government has introduced a moratorium on initiating bankruptcy cases at the request of creditors in relation to legal entities, individual entrepreneurs and citizens. It will be valid from April 1 to October 1.
According to Russian Prime Minister Mikhail Mishustin, the moratorium will allow debtors to cope with current difficulties within six months and find new sources of income without closing the company or business and without laying off employees.
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Oxford published the results of a study of 776,000 participants who used phones for 14 years. No abnormal jumps in brain tumors and cancers compared to the average were found
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A division of the Bank of China took the plane from a Russian airline arrested in Hong Kong (we are talking about the leasing division of BOC Aviation).
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Electric vans in Europe have proven to be cheaper to operate than diesel ones. This is evidenced by the results of a study conducted by the environmental group Transport and Environment. The experts studied the situation in Germany, France, Italy, Poland, Spain and the UK. These countries account for 76% of the European van market.
The study calculated the total cost of ownership for diesel and electric vans, taking into account the average prices for each energy source in 2021, as well as the cost of maintenance, tax credits for installing a charger, and other factors.
It turned out that on average, an electric van costs the owner 25% less than a diesel counterpart, despite the fact that prices for them are 40-55% higher than for diesel models. The cost of operating electric vehicles is 0.15 euros per kilometer, and diesel — 0.20 euros.
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California Institute of Technology scientists have developed controllable bacteria that cure cancer with sound. Research published in Nature Communications
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The Biden administration announced plans to sell oil from strategic reserves — 1 million barrels per day over the next six months.
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Disney has completely suspended the distribution of its films in Russian cinemas since April 7.
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Russia has banned entry to the top leadership of the European Union, the «overwhelming majority» of MEPs, representatives of the governments and parliaments of «certain EU member states», as well as public figures and media workers. The list of people who are prohibited from entering Russia is not provided in the Foreign Ministry’s message.
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The largest leasing company, AerCap, filed a lawsuit against Russia for $3.5 billion. The reason was that Russian airlines did not return planes that fell under sanctions.
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Four out of five board members of VTB’s European subsidiary have resigned in the past week, German newspaper Handelsblatt writes, citing sources.
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The French authorities have frozen the ownership of two helicopters of Russian billionaire Alisher Usmanov. We are talking about the Airbus Helicopters H175 and Eurocopter EC155 models.
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The government of the Russian Federation adopted a resolution according to which the seeds of wheat and meslin, rye, barley, and common corn were removed from the export ban, according to a press release from the Cabinet of Ministers. Their export is allowed to the EAEU countries with a permit issued by the Ministry of Agriculture. In addition, the export of popcorn grains from Russia (for making popcorn) is allowed.
The ban on the export of grain to the EAEU countries was introduced on March 15 and lasts until June 30, 2022.
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Tariffs for the transit of oil through the territory of Ukraine from April 1 will increase by 30%. According to data on the Transneft website, the new tariffs for the Druzhba pipeline in the direction of Slovakia and Hungary under an agreement with Ukrtransnafta JSC will amount to 11.5 euros per ton compared to 9 euros per ton. The old rules have been in effect since January 1.
Last year, 12 million tons of Russian oil was transported through the Druzhba pipeline through Ukraine, including 3.4 million tons to the Czech Republic, 5.2 million tons to Slovakia, and 3.4 million tons to Hungary.
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On March 21, 2022, the investigating judge of the Svyatoshinsky District Court of Kyiv, as part of the criminal proceedings opened at the request of the state enterprise (SE) Antonov, adopted a ruling on the arrest of 12 An-124-100 Ruslan transport aircraft of the Russian airline Volga-Dnepr, the representative said. interests of SE law firm «Ilyashev and Partners».
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Food delivery service Yango Deli (an international brand of Yandex.Lavki) is gradually suspending its activities in Paris in order to concentrate efforts on other, more promising markets, the company told Interfax.
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The British Treasury on Thursday announced the imposition of sanctions against three more Russian companies registered in the UK.
The ministry’s document says that the sanctioned companies are Photon Pro LLP, which develops electronic equipment, the engineering and consulting company Majory LLP, and Djeco Group LP. It is noted that the sanctions imply freezing the assets of these structures.
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Japan is freezing the assets of four Russian organizations, three Russian citizens and six citizens of the DPRK for violating UN Security Council sanctions against North Korea, the country’s Foreign Ministry said.
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The Bank of Russia has set new thresholds for the amount of money transfers abroad for individuals for six months. The Central Bank allowed individuals to transfer abroad up to $10,000 per month
This does not apply to non-residents from «unfriendly countries» who do not work in Russia — transfers are prohibited for them for six months.
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Latvia has introduced a ban on issuing residence permits to citizens of the Russian Federation and Belarus until June 30, 2023
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The board of directors of the developer Etalon Group has decided to acquire its Russian business (YIT Russia) from the Finnish construction concern YIT, the Etalon press service reports.
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Mustafa Kashka, General Director of FSUE Atomflot (Murmansk, a structure of Rosatom), resigned of his own free will, the company’s press service reported.
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The American company Amsted Rail, one of the largest manufacturers of cassette bearings for railway cars, has announced its exit from the Russian market and exit from the EPK-Brenko joint venture in Saratov.
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European countries continue to freeze the assets of Russian businessmen and seize their property after the imposition of sanctions. In Italy, the amount of seized property reached €900 million
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The Consulate General of Belgium is closed in St. Petersburg. Belgian flags were lowered over the entrance to the diplomatic mission. Information about the closure of the Fontanka was confirmed at the consulate itself, explaining that the departure was due to “budgetary considerations”, and the decision was made back in December
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American automaker Ford Motor Co. Will suspend production for a week at its Michigan plant that assembles Mustang sports cars effective April 4 due to continued chip shortages.
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Gazprom Germania Holding, which combines assets in the field of gas trade and logistics, left the Gazprom group
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The Irish manufacturer of paper packaging Smurfit Kappa Group PLC, the largest in this segment in Europe, has announced its withdrawal from the Russian market.
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Kazakhstan will not be a tool to circumvent US and EU sanctions against Russia, Timur Suleimenov, First Deputy Head of the Presidential Administration of Kazakhstan, said in an interview with Euractiv.
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Inflation in the Eurozone accelerated to a record 7.5%. It increased immediately by 1.6 percentage points compared to February.
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The Central Bank of Brazil increased the share of the yuan in the gold and foreign exchange reserve by 4 times over the year. At the end of 2021, the country’s Central Bank reserves were estimated at $362 billion, of which about 18 billion (4.99%) were in yuan, 18.3 billion in euros (5.06%) and about 290 billion in US dollars.
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The price of summer diesel fuel at the St. Petersburg International Commodity Exchange (SPIMEX) this week increased by more than 9% and reached 55,629 rubles per ton on April 1, according to the exchange data.
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Russian airlines will temporarily be able to pay for the purchase, rental and leasing of aircraft to companies from unfriendly states in rubles. The decree was signed by President Vladimir Putin. The document is published on the portal of legal information.
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The Irish company AerCap, which leased aircraft to Russian airlines, has filed insurance claims for aircraft that remained in Russia after the termination of leasing agreements, writes the Financial Times.
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The international festival of author’s documentary films «Artdocfest» will not be held in Russia, said the president of the festival, producer and director of documentary films Vitaly Mansky.
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