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Munich re, Germany’s second-largest insurance company and the country’s largest reinsurer, is canceling a contract for the Nord Stream 2 gas pipeline. This, according to Bloomberg, was announced on Wednesday by the chief executive officer of Munich re, Joachim Wenning.
Financial Secretary Paul Chan said that Hong Kong will allocate 10 thousand Hong Kong dollars (100 thousand rubles) in the form of electronic coupons to stimulate the economy. Last year, every citizen of Hong Kong received 2 times less (5 thousand Hong Kong dollars as an electronic coupon). The measure turned out to be effective, and, by the way, did not disperse inflation.
The military base in the city of Londonderry in Northern Ireland will be turned into a hotel complex.
According to the Russian rating agency ACRA, in December the country’s banks imported $5 billion worth of foreign currency banknotes, compared to $2.65 billion a year earlier.
The European Union officially adopted a package of sanctions against Russia. Under them fell 351 deputies of the Russian State Duma, who voted for the recognition of independence, as well as 27 individuals and organizations, the EU Council said in a statement.
Sanctions include an asset freeze and a ban on providing funds to individuals and entities included in the list, as well as a ban on travel and transit through the territory of the European Union. The EU also imposed sanctions to limit Russia’s access to financial markets and capital.
In addition, the European Union declared its readiness to quickly adopt additional economic sanctions against Russia, if necessary.
The Latvian government has approved a proposal by the Ministry of Economy to build large-scale wind farms on state-owned lands. The network of wind farms will have to help ensure the energy independence of Latvia. By April 1, the Ministry of Economy will prepare the necessary legislative amendments that will simplify the construction of wind farms, according to the government website.
The project will be implemented by a joint venture between Latvenergo and Latvian State Forests. Construction will be carried out without state support, at the expense of these companies. The cost of the project has not yet been determined.
Two wind farms are currently operating in Latvia. Both produce half of the country’s 40 MW of wind power, with the other half provided by individual turbines.
German scientists have created the smallest battery — a device the size of a grain of salt has an area of \u200b\u200bless than one square millimeter, and the minimum energy density per square centimeter reaches 100 microwatt-hours. One charge is enough for about ten hours of operation of a miniature chip with simple components.
To place the elements, a research team led by the Chemnitz University of Technology used the «Swiss roll» method. Current collectors and electrode strips made of polymeric, metallic, and dielectric materials were deposited layer by layer, wrapping around each other. Tesla uses a similar technology to produce batteries for electric cars.
The microbattery will find application in biosensors for monitoring oxygen levels in deep tissues, monitoring vital organs and monitoring recovery after surgery. It is also useful in robotics and flexible electronics.
In Belarus, a comedian Slava Komissarenko was charged with libel against Alexander Lukashenko.
Fedor Gorozhanko, a witness for the prosecution in the new Navalny case, left Russia.
The cost of global depositary receipts (GDRs) of the Russian company VK (former Mail.ru Group) on the London Stock Exchange fell to $5.12 apiece, which is 10.6% lower than the closing level of previous trading ($5.73).
French President Emmanuel Macron promised to continue economic support and supplies of military equipment to Ukraine during telephone conversations with his Ukrainian counterpart Volodymyr Zelensky.
Ukrainian President Volodymyr Zelensky said he had requested a telephone conversation with his Russian counterpart Vladimir Putin, but received no response.
Russia has launched a military operation, said President Vladimir Putin.
The Russian Defense Ministry states that the Russian Armed Forces do not carry out any missile, air or artillery strikes on Ukrainian cities. High-precision means of destruction disable military infrastructure, air defense facilities, military airfields and aviation of the Ukrainian army.
The work of 12 airports in southern Russia has been suspended until March 2, the Federal Air Transport Agency said.
President of Ukraine Volodymyr Zelensky announced the introduction of martial law throughout the country.
The Umbrella Galaxy is about 50 million light years away from us. years and is located in the constellation Coma Berenices. What appears to be a huge cosmic umbrella is actually a tidal stream of stars torn off from a small satellite galaxy. The main spiral galaxy NGC 4651 is similar in size to our Milky Way, and the stellar umbrella stretches for almost 100 thousand light years. years above the bright disk of the galaxy.
The small galaxy was gradually destroyed during repeated approaches, revolving around NGC 4651 in an eccentric orbit. The remaining stars will fall back and become part of a large single galaxy in a few million years.
Russian shares lost up to 70% of the price at auction in London: Sberbank receipts fall in price by 72.7%, to $2.45 apiece, TCS Group (Tinkoff) loses 65.4%, one paper costs $17.27, and the price VTB receipts are reduced by 31.7% to $0.68.
The commodity sector is also under pressure: Gazprom loses 33.6% with a receipt price of $4.45, Rosneft — minus 32.5% and $3.70, NOVATEK becomes cheaper by 48.3%, to $77.58 per receipt. One paper of Gazprom Neft is quoted at $18, losing 39.1%.
Metallurgical enterprises represented in London also lose more than a third of their capitalization: Severstal — minus 38.3%, $11.59 per receipt; NLMK — minus 35.4%, $17.17; Norilsk Nickel — minus 34.3%, $17.43; MMK — minus 19.8%, $7.02.
The head of Crimea, Sergei Aksyonov, gave the command to prepare the North Crimean Canal to receive water from the Dnieper, he said on Telegram.
Ukraine severed diplomatic relations with Russia
The Central Bank introduced a ban on short selling in the Russian market.
Sberbank was included in the list of blocking US sanctions. This is stated in the official statement of the bank.
The Central Bank of Russia gave banks the right to record shares and bonds purchased from February 18 to December 31 at fair value at the date of purchase
The Minister of Defense of Ukraine said that the country is moving into full defense mode. Now, according to the minister, everyone can get weapons. To do this, you need to contact special units with a passport.
PSB applications have been removed from the App Store following the imposition of sanctions against Promsvyazbank. One of them is not available in the Google Play Store either.
Foreign software is becoming unavailable in some Russian state-owned banks. As it became known to Finanz, the supplier of graphics engines INSYDIUM LTD closed the license for one of the top participants in the banking system of the Russian Federation
Ex-Chancellor of Austria and former head of the Austrian railways Christian Kern announced that he was leaving the board of directors of the Russian company Russian Railways.
“This morning, I informed Russian Railways authorities that I am resigning my mandate on the board of directors with the immediate entry into force of this decision,” said Kern, whose statement is quoted by the Shtandard newspaper.
Shares of American space company Virgin Galactic rose 13.11% to $8.85 per share, according to trading data on the New York Stock Exchange in the evening. At the maximum, the quotes reached $9.1, which is 16.37% higher than at the close of trading on the previous day.
The company reported financial results for the fourth quarter and all of 2021. Virgin Galactic’s revenue last year grew almost 14 times compared to 2020. In the fourth quarter, the company received revenue of $141 million, while in the same period of 2020 it was not. However, it turned out to be lower than analysts’ forecasts, which had expected $300 million.
In addition, the company reported a decrease in net loss. In 2021, losses were 45.3% lower than in 2020, at $352.9 million. Virgin Galactic forecasts first-quarter free cash flow to be negative, between $75 million and $85 million.
The Greenland ice sheet is melting faster than previously thought. The second largest sheet of frozen water in the world is not melting from top to bottom, but vice versa. And it does it much faster than previously thought.
A group of scientists studied subglacial lakes. They form in Greenland every summer when the ice sheet warms up. Water from the upper edge of the shield flows down through the cracks and falls onto the surface of the lakes from a height of about a kilometer. The researchers found that huge volumes of water are involved in the processes — about 82 million cubic meters every day.
The National Bank of Ukraine switched to an emergency mode of operation and took a number of restrictive measures in connection with the start of the military operation of the Russian troops. This was announced in his address by the head of the National Bank Kirill Shevchenko.
Among the decisions of the National Bank is a ban on operations on the accounts of Russian residents. In addition, a moratorium is being introduced on cross-border foreign exchange payments, except for the fulfillment of government tasks.
The hryvnia exchange rate is fixed at UAH 29.25 per dollar and has limited cash withdrawals at the level of UAH 100,000 per day.
Former Prime Minister of Finland Esko Aho leaves the Supervisory Board of Sberbank. He told about it on Thursday to the newspaper «Turun sanomat».
“Today, I started taking steps to leave the Supervisory Board,” he said. According to him, he will do it «immediately.»
Roskomnadzor demanded that the media covering the military operation in Ukraine use only official Russian sources of information. Otherwise, they may face legal consequences, the Russian regulator warns.
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