Finances

The capitalization of the Russian company Yandex, following the results of trading on November 3 on the Nasdaq exchange in the United States, exceeded $30 billion for the first time.

Inflation in Russia accelerated in October to 1.11% on a monthly basis, and to 8.13% on an annual basis, Rosstat reported on Wednesday. In September, this figure was 7.4%.

Sberbank Europe Banking Group (Sberbank Europe AG, 100% owned by Russian Sberbank) has signed an agreement on the sale of its subsidiary credit institutions in Central and Eastern Europe. This was reported by the press service of the bank.

Russian offshores called the target for EU sanctions

Musk inflated the rate of three unknown cryptocurrencies at once

The Bank of Russia has revoked the banking license from the Samara’s «Sputnik» bank.

The Taliban have repeatedly demanded the US central bank and its allies in Western Europe to release cash reserve assets that belong to Afghanistan. 

The most reliable banks in Russia are Sberbank, VTB and Alfa-Bank

Many large Russian banks began to raise interest rates on deposits

Fraudsters, against the background of the growth of the bitcoin rate, began to actively send letters to Russians with offers to invest in this type of cryptocurrency

Meme-token Shiba Inu renewed its all-time high

In most cases, inappropriate expenses in the European Union were caused by procedural errors, not fraud.

The central bank sharply raised the key rate by 0.75 percentage points - 7.5 to percent per annum

According to the results of the survey, 55.5 percent of Ukrainians have reported a deterioration in their financial situation in the past two years since President Volodymyr Zelenskyy was in power.

In September, inflation in Europe rose to 3.4% in annual terms. This figure is a record since 2008, when the world was going through the financial crisis.