30 Дек, 2021

Major reserve currencies

A little more than a hundred years ago, all countries of the world stored most of their international reserves in British pounds: in 1900, the pound was 61.7% of all reserves. By 1919, its share briefly reached 63%, and then — the First World War, and the dollar came to the fore. Already in 1926, the American dollar accounted for 76% of all international reserves, and the pound was only 32%.

In the 1930s, the situation improved, and in 1945 the share of the pound was even higher than at the beginning of the century, and exceeded 80%. But not for long. Ten years later, the dollar regained leadership and did not let it go again.

As a result, now about 60% of all international reserves are stored in US dollars, 21% — in euros, and the pound’s share is modest 4.7%, less than the Japanese yen (it has 6%)

 

<<< News Feed December 30, 2021 >>>

 

Russian authorities must suspend the liquidation of Memorial until the ECHR considers the complaint against the law on foreign agents filed in 2013, Strasbourg replied

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The head of Gazprom, Alexei Miller, reported to President Vladimir Putin that both strings of the Nord Stream 2 gas pipeline are ready for operation, filling the second string with gas was completed on December 29.

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The Kirovsky District Court of St. Petersburg acquitted five accused of indecent acts in one of the city’s orphanages, the joint press service of the St. Petersburg courts reported on the Telegram channel.

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The liquidation of the human rights center Memorial and the international Memorial (both organizations are recognized in Russia as non-profit foreign agents) is another blow to freedom of speech in Russia, British Foreign Minister Elizabeth Truss said on Twitter.

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The talks between the presidents of Russia and Belarus Vladimir Putin and Alexander Lukashenko in St. Petersburg ended, the meeting lasted about three hours.

After negotiations, the Presidents of Russia and Belarus went to a friendly hockey match, which ended with a score of 18: 7 in favor of their team. Putin opened the scoring in a friendly hockey match, scoring the puck in the third minute into the opponent’s goal. The second goal was scored by the President of Belarus Alexander Lukashenko. As a result of the match, Putin scored seven goals, Lukashenka — two.

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The conversation between Presidents Vladimir Putin and Joe Biden, which was announced on December 29, will take place at the request of the former, the United States is concerned about the presence of Russian forces near Ukraine, the presidents may discuss Iran’s nuclear program, Reuters told Reuters, citing an official in the Biden administration …

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The growth in construction volumes and harvesting were one of the factors that led to an increase in Russian GDP in November in annual terms by 5.2%, follows from the report of the Ministry of Economic Development, received by RBC.

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The Institute of Philosophy of the Russian Academy of Sciences (RAS) spent 742 thousand rubles. for the study «Is the existence of hell evil». This is evidenced by data from the public procurement website.

In October, this agreement was fulfilled. Igor Gasparov (Associate Professor, Candidate of Philosophy, works at the Voronezh State Medical University named after N. N. Burdenko and the Higher School of Economics (NRU HSE) was indicated as the only supplier of public procurement).

“All this is within the framework of the law, within the framework of the grant that has been allocated. People won the competition for this and everything was distributed initially from the Russian Science Foundation, «RBC was told at the Institute of Philosophy of the Russian Academy of Sciences when asked to comment on the study» Is the existence of hell evil? »

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The Investigative Committee will appeal the acquittal of a court in St. Petersburg, which acquitted five suspects of rape in one of the city’s orphanages.

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The US Secretary of State held talks with the Foreign Ministers of Germany, Britain and France: they discussed the dialogue with Russia, Ukraine, Iran’s nuclear program, the conflict between Lithuania and China and the elections in Libya

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A telephone conversation between the Presidents of the United States and the Russian Federation Joe Biden and Vladimir Putin is scheduled for 23.30 Moscow time, the White House said. According to the schedule, Biden will escort him out of the family residence in Delaware.

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The Ministry of Internal Affairs of Russia has updated the forensic requirements for the technical characteristics of civilian and service weapons, as well as cartridges for them. The draft order notes that special technical parameters do not apply to weapons of cultural value, including copies of antique weapons and replicas of old weapons.

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Gazprom has fully fulfilled its obligations to transit gas through Ukraine, Miller said

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Additional large volumes of gas from Russia will be supplied to Europe as soon as the launch of Nord Stream 2 is allowed, Putin said. Russia and its partners have completed the task of creating Nord Stream 2, now the Europeans have the say, the President of the Russian Federation added.

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Gazprom again did not book capacity for the transit of natural gas through Poland via the Yamal-Europe gas pipeline for December 30.

Due to the lack of applications for the supply of gas from European customers, the holding for the tenth day in a row refuses to book pumping through the pipeline for the next day, it follows from the data of the GSA Platform.

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A self-driving truck, in which there was no driver, for the first time traveled about 130 km on US roads. The test drive took place at night, according to the car developer TuSimple’s website.

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The court changed video blogger Yuri Khovansky, accused of justifying terrorism, from arrest to prohibition of certain actions. He will not be allowed to use the Internet, attend public events and leave the house in the evening and at night. Khovansky had been in jail since June, and the investigation filed a request to release him to the court. What is the reason for this is unknown.

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Parents of minor children and citizens whose relatives have a criminal record will be prohibited from traveling abroad in Turkmenistan

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Kiev will not recognize Russian passports issued to residents of DPR and LPR — Deputy Prime Minister of Ukraine

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An American reconnaissance aircraft made its first flight over the territory of Eastern Ukraine on January 27, CNN reports, citing the European Command of the US Armed Forces.

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President of Ukraine Volodymyr Zelenskyy approved the country’s information security strategy. In the document, Russia’s information policy is designated as «a threat to Ukraine and other democratic states.» In particular, the strategy states that Russia is trying to influence “key democratic institutions, in particular, electoral ones,” and is applying hybrid war technologies to Ukraine and other states, “including models and mechanisms of information interference”.

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In the vicinity of the American city of Williamsburg (Virginia), a house was rented, completely «printed» on a 3D printer. It was built in 12 hours for a single mother and her teenage son. This is the first such home as part of a charitable program to support low-income families.

The house, with an area of ​​111 m², is made of fast-hardening concrete that is resistant to damage and retains heat well. A compact 3D printer was also installed in one of the rooms, with which the owners of the house can print what they need — from doorknobs to switches. Construction using 3D technology is 15% cheaper than traditional construction.

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The government has postponed tightening business responsibility for waste disposal for a year. The proposal is contained in a new bill. From 2023, manufacturers will have to completely dispose of all packaging, the rate of disposal of all types of goods will increase by at least 10% annually.

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Former President of Georgia Mikhail Saakashvili, who has been undergoing treatment in a military hospital since November 20, has been taken back to prison No. 12 in the city of Rustavi.

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The ex-head of the Kemerovo Regional Department of the Investigative Committee, Kalinkin, was found guilty of extortion of shares in the Inskoy open pit mine, the court said, and sentenced to 10 years in prison.

Former deputy governor of Kuzbass Ivanov was sentenced to 6 years in prison for extortion of shares in the Inskoy open pit mine.

Former deputy governor of Kuzbass Danilchenko was sentenced to 5.5 years in prison.

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An agreement with Rusnano’s creditors will be reached, the budget will insure the corporation and prevent its bankruptcy, Siluanov said.

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In China, football players of the national team were banned from getting new tattoos. China Sports Authority noted that players should demonstrate a positive spirit and serve as a good example to society

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The joint venture between Rostec and Renault — Alliance Rostec Auto B.V., which owns Avtovaz, has been transferred from a Dutch offshore company to Russian jurisdiction, Rostec said. 100% of Avtovaz shares were transferred to a new joint company — Lada Auto Holding, registered in Moscow.

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The court sentenced the mayor of Tomsk Ivan Klein to two years in prison for abuse of power and illegal business.

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Over the past 10 years, the budget allocated ₽337 billion for the creation of Russian civil aircraft. The funds went to the Be-200, Tu-204/214, Superjet 100 and MS-21 projects. The head of the Ministry of Industry and Trade Denis Manturov, who has been in charge of this department since 2012, spoke about this in an interview with RBC.

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A hacker stole $ 2 million in cryptocurrency due to a vulnerability in the Polygon network. The blockchain malfunction put more than 9.27 billion MATIC tokens at risk with a total value of $ 23.6 billion at the current exchange rate. White hackers who are the first to discover the vulnerability will receive rewards of $ 2.2 million and $ 1.27 million in cryptocurrency.

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From today, Russians have the opportunity to refuse additional services of banks, which they issued when they took out a loan — this can be done within 2 weeks after the signing of the papers. It is now forbidden for banks to put «ticks» in the loan agreement in advance on the borrower’s consent to additional services.

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BHaptics has announced tactile feedback VR gloves for $ 299. They feature 10 linear resonance fingertip actuators that provide a touch sensation combined with the hand-tracking capabilities of the headsets. BHaptics to Demonstrate Gloves in Unplugged: Air Guitar at CES 2022

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Lithuania refused to comply with the requirements of the EU external border control agency regarding migrants. Deputy Minister of Internal Affairs of the Republic Arnoldas Abramavičius stated that the open border policy is impossible under current conditions.

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A complex with hanging gardens called «1000 Trees» has appeared in Shanghai. It houses restaurants, museums and galleries. It took eight years to build

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A former prisoner who spoke about torture after the riot in the Angarsk colony was arrested on a drug case. According to the arrested person, the case against him was «fabricated as a result of the provocation of officers of the GUFSIN in the Irkutsk region and prisoners cooperating with the administration.»

Yevgeny Yurchenko was one of the first who spoke in detail about the cruel torture in the Irkutsk pre-trial detention center, according to his statement, a general case was initiated on the bullying of convicts, which became the largest in Russia.

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Roskomnadzor entered Netflix into the register of audiovisual services. From March 2022, he, like other online cinemas, will be obliged to broadcast 20 federal TV channels of the first and second multiplex free of charge. Also, Netflix must open a local office in Russia within two months. At the same time, the share of foreign participation in the created legal entity cannot exceed 20%.

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According to updated statistics from Rosstat, the economy fell less in 2020, and grew more in 2019 compared to previous data.

In 2020, Russia’s GDP decreased by 2.7%, follows from the new estimate of Rosstat. According to the previous estimate, GDP declined by 3%. The statistical office also gave a new estimate for the dynamics of GDP in 2019 — the economy grew by 2.2% (the previous estimate was 2%). Thus, at the end of 2020, the economy contracted only 0.56% relative to the beginning of 2019, and not by 1.06%, based on previous estimates.

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Rosstat showed the use of GDP for Q3 2021. The shares of all its items fell, with the exception of one — net exports, whose share rose to 10% of GDP (4% in Q3 2020).

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Meta CEO Mark Zuckerberg has begun running virtual reality workshops. Instead of face-to-face interaction with executives, he communicates with their digital avatars, and also encourages other employees to follow his example.

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Putin signed a law that translates the unified biometric system into the status of a state information system. The government will regulate its work.

Russians will be able to post their biometric data there themselves online — confirming their identity through «State Services» and data from a chip in their passport, the law says.

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Putin has signed a law giving the government the power to restrict access to the accounts of companies under sanctions or on the defense industry register. We are talking about reporting in the publicly available state register of GIRBO, which was launched last year.

At the same time, from 2023, the government will not be able to exempt companies from reporting to the register. Now many enterprises have the right not to submit documents to GIRBO, which significantly reduces the value of the resource.

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Putin signed a law to unite the Fund of Shareholders and the Housing and Utilities Fund into the Territorial Development Fund. The new fund will conduct a comprehensive development of the territory, perform the functions of a developer and a technical customer at the same time, carry out construction control, and ensure the introduction of resource-saving technologies.

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Saratov will become the second largest city in Russia. And all because from the new year it will include the suburban Saratov municipal district. It sounds like simple bureaucracy, but there are as many as 79 neighboring villages. Thus, the area of ​​the city will almost double (up to 2,100 square kilometers) and overtake St. Petersburg. Moscow is still in the lead, but it is only 400 square kilometers away

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The main human rights Telegram channel in Belarus was declared extremist. During the mass protests in 2020, the Vesna channel became the main source of information about the fate of those detained and arrested. Most of the leaders and volunteers of «Viasna» were arrested, those who remained at large went abroad

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In Switzerland, from the beginning of 2022, it will be possible to change the gender in the passport — any citizen over 16 years old can do this.

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Yan Rachinsky, chairman of the board of the international organization Memorial (recognized as a foreign agent), told Reuters that he and his colleagues intend to find a way to continue their work in Russia, despite the court’s decision to close it.

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Putin signed a law on bonuses to civil servants for the conscientious performance of duties

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Putin signed a law on remote participation in court sessions and filing a lawsuit over the Internet

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