Read enCRYPTed news, get deCRYPTed insights

Topic

Politic

A collection of 269 issues

Half of all building materials in Russia is 100% dependent on the West - RBC

Imports of machine tools and components have stopped due to sanctions. If no measures are taken, in three to four years the market will feel an acute shortage of building materials, experts warn. Some types of bricks, façade tiles, assembly foam and sealants, aerated concrete and polymer insulation are among

By the fall, Russia should switch from parallel imports and zero duties to the introduction of barrier duties against unfriendly countries

The country's task is to "walk this line and not to fall into such a bazaar station a la the 90s - that's our task," the deputy minister of the Ministry of Industry and Trade. According to him, there are discussions on every item of the commodity nomenclature: "This is

Fitch: We have significantly and dramatically revised our inflation forecasts upward, especially for Europe in 2022

Energy and food supply disruptions due to the Ukraine crisis are having a faster-than-expected impact on inflation in Europe. We forecast a decline in U.S. growth to 1.5% in 2023 and 1.3% in 2024. US economic growth will slow to barely positive quarter-on-quarter from mid-2023 on the

Hyundai Motor tries to ramp up production over the weekend despite strike - Reuters

Hyundai Motor Co's huge factory complex increased production over the weekend despite a nationwide truckers' strike that hit ports and other South Korean industrial giants. On the fifth day of the strike, about 100 truckers gathered at the main gate of the Hyundai plant in Ulsan city, protesting soaring fuel

The first road bridge between Russia and China opened - Reuters

Yesterday in Blagoveshchensk opened freight traffic on the first road bridge over the Amur River, which connects the capital of Priamurye with the city of Heihe in China. Trutnev: the opening of the automobile bridge to China is of great importance for the whole of Russia. The bridge "will pay

There is a risk that Turkey will introduce additional capital controls - S&P Global

Turkey may follow Russia's path to regulate the exchange rate. Due to high inflation, the lira is trading at around 17 per dollar, an all-time high. The value of default swaps on Turkish debt is four times higher than Brazil's, reflecting uncertainty among investors and economists about Turkey's future.

Opposition in Turkey is unhappy with rising rent prices - prices rose by 147% in Istanbul

Landlords are trying to evict tenants and register new ones at much higher prices, with the number of lawsuits filed against tenants doubling, Sozcu reported. "In the past three months we have seen fights, threats, intimidation and lawsuits. Both the landlord and the tenant are right, both struggling to make

Putting Gazprom Germania on the Russian sanctions list will cost German gas consumers €5 billion, -Welt am Sonntag.

The publication writes that the company, which is externally managed by the German Federal Network Agency, is now forced to buy gas on the market under new contracts, which are significantly more expensive than the previous ones. In the end this will result in higher prices and will fall on

Roman Abramovich and his partners will sell British telecom operator Truphone for £1, - FT

In 2020, the company was valued at £410 million. The transfer of the asset to two European businessmen is associated with the sanctions imposed on the billionaire by the EU and Britain. Abramovich owns 23% of the operator, most of the remaining shares are owned by his partners in Evraz

Ambassadors of the United States, South Korea and Japan meet to discuss North Korea's nuclear tests - Reuters

"We want to make clear to the DPRK that its illegal and destabilizing activities have consequences, and that the international community will not accept these actions as the norm," the U.S. ambassador said. Last week, the United States called on the UN to impose new sanctions against North Korea