Industrial production in 2021 accounted for just under a third of China’s total GDP (37 trillion yuan out of a total of 114), although it remains the largest sector of the economy
Slightly less than 10% of the Chinese economy was trade, not much inferior to it and finance, agriculture, construction and real estate. IT, despite rapid growth, still accounts for a little less than 4% of China’s GDP — but this is actually quite a lot
<<< May 26, 2022 Feed >>>
Russia and Iran have agreed to connect the Shetab and Mir payment systems, Russian Deputy Prime Minister Alexander Novak said. Novak also said that the countries plan to use national currencies as much as possible in mutual settlements.
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PJSC Shipbuilding Plant Severnaya Verf launched the fourth freezing trawler-processor of project 170701 Kapitan Breikhman for the Norebo group on Wednesday, Interfax correspondent reported.
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Serial production of refrigerators «Orsk» was launched again at the industrial site of the NPO «Orsk» plant after many years of inactivity, the press service of the government of the Orenburg region reported.
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The Moscow City Court recognized as lawful the arrest in absentia of journalist Alexander Nevzorov (recognized in Russia as a media-foreign agent)
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The verdict of the Russian woman Sofia Sapega, convicted in Belarus, was not appealed and entered into force, the Supreme Court of Belarus reported on Wednesday.
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The Federal Agency for Fishery sent a letter to the Ministry of Industry and Trade with a request to cancel import duties on refrigerated containers in order to improve the situation with the transportation of fish
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The son of the ex-contender for participation in the presidential elections in Belarus, Viktor Babariko, Eduard, was denied release and extended his detention. This was reported by the official channel of Viktor Babariko on Wednesday.
Eduard was detained along with his father on June 18, 2020, since then he has been in jail. He was the head of the campaign headquarters of Viktar Babaryka. Initially, Eduard was accused under Part 2 of Art. 243 (Tax evasion on an especially large scale) of the Criminal Code of Belarus. Later, this was added to the charge of inciting hatred and organizing riots.
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The Federal Antimonopoly Service (FAS) opened a case against Siberian Generation Company (SGK) LLC, the company is suspected of manipulating prices on the wholesale electricity market, the agency said.
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Norway’s Equinor has transferred its stakes in four Russian joint ventures to Rosneft and is released from all future obligations, the company said on Wednesday.
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FESCO noted a decline in the Russian container market in April by 26%. Transit traffic decreased by 40%
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President of Kazakhstan Kassym-Jomart Tokayev discussed with the CEO of the world’s largest crypto exchange Binance Changpeng Zhao the possibility of creating a regional hub of the crypto industry in Kazakhstan, the presidential press service reported.
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Oil production, taking into account gas condensate, in April decreased by 12.1% compared to March and amounted to 41.12 million tons, a source familiar with the statistics told Interfax.
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Former Moldovan President Igor Dodon was charged under articles of corruption and treason, prosecutors filed a court request for his arrest for 30 days, Marianna Koerpek, spokeswoman for the Prosecutor General’s Office, told reporters on Wednesday.
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A vintage yacht owned by famous musician David Bowie is up for sale for 4.85 million euros, according to The Barron’s.
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Boeing’s promising Starliner spacecraft, as part of its second test flight (Orbital Flight Test-2 — OFT-2), undocked from the International Space Station (ISS) on Wednesday and successfully landed in the US state of New Mexico, NASA said.
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Loliware launched the production of seaweed cocktail straws. They replace plastic ones, keeping the coastline clean. The tubes are made like this: they dry, grind and mix the algae with a solution of natural dyes, and then give the resulting mass a shape. The technology is simple, cheap and competitive. Algae tubes are better than paper tubes: they do not get wet, they retain their shape and texture
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The deputy from the Communist Party of the Russian Federation Valery Rashkin was prematurely deprived of his powers due to the verdict in the case of illegal hunting. In April, the court sentenced him to three years probation for killing an elk in the Saratov region.
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In the English house of the shareholder of Alfa-Bank Pyotr Aven, searches were carried out in the case of sanctions evasion, Bloomberg reports, citing sources.
Investigators are checking Aven’s money transfers to the UK after the start of the Russian invasion of Ukraine on February 24. During the search, £30,000 in cash was confiscated.
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The American Foundation for the Remembrance of the Victims of Communism has released classified material from «re-education camps» in China. The documents were obtained as a result of hacking into the computer servers of the Chinese police.
Researcher Adrian Tzenz says the documents support human rights activists’ claims that Xinjiang’s Muslim population is being persecuted for their normal outward displays of their Muslim faith, and prove that «re-education camps» are not «voluntary educational institutions» as Chinese authorities claim.
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Germany agreed with the United States on the purchase of liquefied natural gas. This was told in the press service of the American company Sempra Energy, which stated that it would sell about 2.25 million tons of liquefied natural gas per year to Germany’s largest electricity producer RWE AG. The contract is to be signed for 15 years.
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Texas scientists have created a gel film that pulls drinking water out of the air, even in the desert. It’s made from $2 materials and has a chewing gum texture. If the relative humidity is about 30%, the film will collect 13 liters of water per day per kilogram of gel. If up to 15% — then six liters
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The State Duma said that Russia will soon withdraw from the Bologna process
The Bologna process is a process of unification of higher education systems in European countries with the aim of creating a single educational space.
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The filling level of gas storage facilities in Germany is approaching 50%. As of May 23, this figure was 45.6%, which is «higher, and partially and significantly higher than in the spring of 2015, 2017, 2018, and also 2021,» the Federal Agency for Grids indicates.
If the current rate of gas injection is maintained in September, German underground gas storage facilities will be ready for the winter season, according to data from the regulator. The season officially starts on October 1, but due to the warming climate and the increasingly effective thermal insulation of buildings, many German households, judging by the experience of recent years, begin to actually heat their homes only in the middle or towards the end of October.
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Marina Ovsyannikova was awarded the Vaclav Havel Prize of the Council of Europe in the field of human rights. She received an award as part of the Freedom Forum in Oslo.
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The Moscow City Duma voted to reduce the allowable number of defective voter signatures from 10% to 5% for admission to the elections. Among other changes — now members of election commissions with the right of an advisory vote can only be appointed in the Moscow City Election Commission
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U.S. GPU maker Nvidia Corp recorded record revenue in the first fiscal quarter, but the company’s net income fell 15%.
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China’s Lenovo Group Ltd., the world’s largest personal computer maker, posted a 58% increase in net income in the fourth fiscal quarter, driven by revenue growth.
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OFAC (Office of Foreign Assets Control, a division of the US Treasury responsible for enforcement in the field of sanctions) issued a special license to Sberbank’s depositary — JPMorgan Chase — to wind down the depositary receipts program of a credit institution.
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The first Armenian space satellite was launched into low-Earth orbit by the SpaceX ship, Prime Minister of the Republic Nikol Pashinyan said. According to him, the satellite was launched on May 25 from Cape Canaveral.
«By the end of 2023, a control center and a station will open in Armenia, which will provide services not only to Armenian, but also to foreign operators. Satellite images will also allow border control,» Pashinyan said.
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Google has begun destroying its infrastructure in Russia, shutting down the Google Global Cache servers needed for fast Google services, including YouTube. The IT company sends outage notifications only to small providers so far. Moreover, sometimes it does this after the shutdown has occurred.
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The Bank of Russia decided to cut the key rate by 3 percentage points at once, to 11% per annum
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The first step of the Hungarian cabinet after the declaration of a state of emergency in the country was the creation of two funds. In one, funds for defense will be accumulated, and in the second — for the support of the population.
Banks, retail chains, energy companies, insurance companies and airlines will transfer part of their additional profits to these national funds. This was stated by the Prime Minister of Hungary Viktor Orban. The measures will be in effect in 2022 and 2023. What exactly will be considered additional profit is not yet specified.
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In Pakistan, there are riots from the opposition, which supports former Prime Minister Imran Khan. The crowd started a fire and clashed with the police.
Earlier, Imran Khan demanded that the government dissolve parliament and call new elections within 6 days.
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MGIMO student Diana Karabegovich talks about North Korea on the pages of the Metro newspaper of the Moscow mayor’s office. According to an article by a student who did an internship in the country, the DPRK has «a wonderful atmosphere», «soulful people» and «insanely delicious food» and you just need to «respect the rules» so that there are no problems.
Karabegovic adds that a professor she knows lives in a skyscraper, in an apartment donated by the state, and those Koreans she has seen prefer “live communication and almost never use mobile phones.” The girl does not mention the presence of the phones themselves.
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The UK is about to make Irish the official language of Northern Ireland. The bill was published by the British government, writes Politico.
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The Central Bank banned Intesa Bank, a subsidiary of the Italian group Intesa Sanpaolo, from opening accounts for Italian companies and citizens, and also restricted operations for the Italian Consulate General in Russia. Earlier, the Italian visa center for this reason stopped accepting visa documents from Russians who did not pay the consular fee in advance
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U.S. Customs and Border Protection has announced a fee increase effective May 26 for foreigners entering the U.S. who use the Electronic Travel Authorization (ESTA) system. This system determines a person’s eligibility to travel to the States under the Visa Waiver Program.
At the moment, citizens of 40 countries, of which 32 are European, have the right to enter the United States without a visa. The program allows them to stay in the States for 90 consecutive days.
The fee for travelers using ESTA has increased from $14 (€13) to $21 (€20). The increased fee will be valid until 2027.
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Alibaba’s net profit for the 2021-2022 financial year fell by 67% to $ 7.4 billion, the company said in a press release. At the same time, the revenue of the Chinese Internet company amounted to $ 134.5 billion, which is 19% more than in the previous fiscal year.
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In Hungary, only owners of cars with Hungarian numbers will be able to refuel with petrol. The new rule comes into effect on May 27. According to the Serbian TV channel RTS, the reason for the introduction of this measure is “gasoline tourism, which has jeopardized the uninterrupted supply.” In addition, «gasoline tourism» is an abuse of pricing in Hungary, where petrol prices are now frozen.
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Lukoil co-founder Vagit Alekperov has ceased to be the owner of the Dutch shipyard Heesen. He transferred the shares of the Heesen Yachts shipyard to an independent Dutch foundation. Under what conditions the shipyard, which the Russian oilman bought for €100 million in 2008, was transferred to an independent fund, is still unknown.
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The German frigate «Mecklenburg — Vorpommern» departed from the port of Wilhelmshaven to strengthen the northern flank of NATO. There are about 220 military personnel on board, including naval aviation pilots with two airborne helicopters. No specific destination has been named.
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On June 1, Turkmenistan Airlines will open a direct regular flight from Kazan to Turkmenabad, the second largest city in Turkmenistan, the press service of the Kazan airport reported.
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UK Treasury Secretary Rishi Sunak announced a decision to impose a temporary tax on excess profits of companies operating in the oil and gas sector, Sky News reports.
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