Finances

Russian President Vladimir Putin signed a decree on the repatriation of foreign currency and the currency of the Russian Federation

The Prime Minister of Ukraine Denis Shmygal estimated the country's recovery after the military operations in the amount of $ 750 billion.

The Ministry of Finance of the Russian Federation has proposed to reduce more than 1.6 trillion rubles of expenditures from the budget under state programs in 2023-2025.

French Company Leaves Russian Banks Without Payment Protection

Bloomberg: EU Wants to Ban Russian Gold in New Sanctions Package

Eurozone Inflation Hits Record Annual Rate of 8.6% in June

In the second quarter of 2022, the fall in base metal prices could be the worst since the 2008 global financial crisis.

The UK economy grew by 0.8% in the first quarter of 2022.

UK Imposes Sanctions on Moscow Industrial Bank

Swiss bank Credit Suisse wants to actively develop technological capabilities in order to save money.

The trade in Russian diamonds has slowed sharply since the end of May as there is a demand for polished diamonds from other sources.

Financial transactions of the Russian Federation with unfriendly countries decreased by about 80%. However, the number of such transactions with Asian countries tripled.

French cosmetics manufacturer L'Occitane International SA increased its net profit to a record 241.9 million euros in the financial year 2022.

Some analysts say that the ban on Russian gold imports will not carry any dramatic consequences.

The European Union has decided to allocate financial assistance to Ukraine in the amount of €9 billion, Bloomberg reports, citing three European officials.