Finances

Russia is not going to default on the public debt, Russian Finance Minister Anton Siluanov said.

Residents of Poland began to seriously save, according to the research center ARC Rynek i Opinia.

The ruble was in the top three currencies that grew against the dollar last year, said Vladislav Ginko, an expert at the RANEPA under the President of the Russian Federation, economist.

Federal budget spending in the period from January to April 2022 increased by almost a quarter compared to the same period last year.

The Ukrainian government will transfer to the state enterprise "National Investment Fund of Ukraine" all Russian assets located on the territory of the country.

Inflation in Germany rose to 7.4% in April, the highest on record since the unification of the state.

Russian Foreign Minister Sergei Lavrov called the initiative of the head of European diplomacy Josep Borrell to transfer the blocked assets of Russia to the authorities of Ukraine "theft".

Over $40 billion aid package to Ukraine to be approved by US House of Representatives soon, Wall Street Journal reports.

The crisis in Ukraine and record inflation have displaced the coronavirus pandemic from the list of the most serious threats facing the global financial system.

The lessor has already filed claims for $1 billion on insurance policies and expects to file additional claims to compensate for losses.

The ruble lost more than 4.5% compared to the close of the previous session.

Customers will be able to pay for purchases in Bitcoin, Ethereum, Litecoin, Shiba Inu, Dogecoin and other cryptocurrencies.

In the lawsuit, they demanded compensation for investors' losses from October 2021 to April 2022.

Russia needs to strengthen the ruble in order to have time to buy the equipment necessary for import substitution before the next package of Western sanctions, economist Alexander Losev said.

EU countries will not soon be able to refuse to purchase Russian oil, for which, perhaps, they will also have to pay in rubles.