HomeMaterials for 17.01.2019
17 January 201909:28

U.S. Senate To Block Delisting En+, RUSAL, EuroSibEnergo

UrBC, Moscow, January 17, 2019. The U.S. Senate is going to advance a measure to stop the Trump administration’s plans to drop Oleg Deripaska’s En+, United Company RUSAL, and EuroSibEnergo from the sanctions list. The measure got approved by a 57-42 vote, Kommersant reports. The next step is to take the resolution through a ratification stage via a procedural vote, for which it needs to get supported by at least 60 senators. Once the paper has been supported by the majority, the final vote and the support of the House could bring the resolution directly to President Trump’s desk. Now Oleg
17 January 201909:28

Sverdlovsk Region: Zhivoy Shemur to Protect Local Rivers

UrBC, Yekaterinburg, January 17, 2019. A non-profit organization Zhivoy Shemur is now active in Sverdlovsk Region: Denezhkin Kamen National Park’s press secretary Robert Karapetyan announces via a Facebook post that the organization will be dealing with the environmental problems in Sverdlovsk Region’s north. The group unites a number of public organizations, communities, and experts from Severouralsk and Ivdel. The organization’s website provides information on the lab tests of water from the local rivers, photographs, details on conferences and meet-ups, and legislative changes in the
17 January 201909:27

Russia: January Inflation Is 0.7%

UrBC, Moscow, January 17, 2019. Russia’s inflation rate was estimated at 0.2% on January 1-14, 2019 and at 0.7% compared with the start of the year, Rosstat reports. Between January 10 and January 14, the price of wheat rose by 0.6%, that of flour by 0.5%, and that of chicken and buckwheat by 0.3%. At the same time, the price of sausages, margarine, and chocolates dropped by 0.2%, 0.1%, and 0.1%, respectively. Prices increased most noticeably in the vegetable and fruit segment, with the increase at 1.1% on average. Tomatoes and cabbage are now 2.6% more expensive, carrots are 1.9% more
17 January 201909:27

UralTransBank’s Fund Deficit Doubles

UrBC, Yekaterinburg, January 17, 2019. The negative balance of UralTransBank’s assets and liabilities reached RUB 909 million on December 20, 2018 (compared with RUB 560 million on the day the bank’s license got annulled), a bankruptcy proceedings report on the Bank of Russia’s website states. It is reported that the fund deficit increased after the bank had paid out a portion of its outstanding loans and set up additional reserves for it. Now Sverdlovsk Region Arbitration Court pronounced UralTransBank insolvent on December 20, 2018, and instituted bankruptcy proceedings for the business.