photo TASS Agency experts also sharply increased their forecast for oil demand growth for the current and next years. Global oil supply is growing at a “breakneck pace” despite the collapse in oil prices, the International Energy Agency (IEA) said in a report published on Wednesday, August 12. The IEA clarifies that excess supply reached 3 million barrels per day in the second quarter of this year - the highest level since 1998.

photo by Roman Shelomentsev for Forbes He will manage the fortunes of Russian businessmen, their heirs and successors According to a study by the Moscow School of Management Skolkovo, whose trustee is the former main shareholder of Troika Dialog (now Sberbank CIB) Ruben Vardanyan , the average age of wealthy Russian businessmen is 48 years. In 10–20 years, all of them will need services to formalize the transfer of business and fortunes.

photo TASS About 40% in Probusinessbank belongs to the president of the Life group and Probusinessbank Sergei Leontyev, another 11% belongs to the chairman of the board of the Life group Alexander Zheleznyak The Central Bank revoked the license to carry out banking operations from Moscow's Probusinessbank, the regulator said in a statement published on Wednesday, August 12.

Moscow authorities will reward citizens who filed a complaint using a mobile application about violation of parking payment rules, RIA Novosti reported on Wednesday , citing the head of the capital’s Department of Transport and Road Infrastructure Development Maxim Liksutov . Violations of parking payment rules will be recorded starting from the end of August using a mobile application. But this is only the first stage.

The Deposit Insurance Agency (DIA), using a loan from the Bank of Russia, will provide funds to the banks of the Life financial group to maintain liquidity, the regulator announced on Wednesday.

Artem Goloshchapov for Forbes The US Securities and Exchange Commission (SEC) uncovered an insider trading scheme involving large Russian funds and brokers The investigation into this case began more than two years ago, when the SEC notified the FBI and prosecutors in Brooklyn about suspicious transactions on the stock exchange.

The official representative of the Ministry of Foreign Affairs, Maria Zakharova, on Wednesday, August 12, in an interview with the radio station “Moscow Speaks”, commented on the curses of the head of the department, Sergei Lavrov, during a press conference of the heads of the diplomatic departments of Russia and Saudi Arabia. The interlocutor said that she was at the press conference and did not hear any rude words from Lavrov’s lips. “A man coughed, I don’t know what he had.

Japanese automaker Subaru has announced a recall of 4,280 Impreza, WRX and WRXSTI vehicles due to a possible airbag defect, reported on Wednesday. the Rosstandart press service Subaru Impreza, Subaru WRX and Subaru WRXSTI models sold between 2004 and 2007 will be recalled. The reason for the recall is the possible penetration of moisture into the airbag inflator manufactured by Takata Corp. over long periods of use. This moisture, in turn, can cause the airbag inflator to malfunction.

Getty Images The transaction amount will be $731 million Italian investment company Exor SpA, controlled by the Agnelli family, has agreed to buy British Pearson Plc's stake in The Economist Group, which publishes the Economist magazine, Bloomberg reported on Wednesday. The total amount of the transaction will be 469 million pounds ($731 million). Exor, which is ranked fourth on Forbes' list of the world's largest family-owned companies, already owns 4.7% of The Economist Group.

Former US Secretary of State Hillary Clinton handed over her personal email server to the country's Justice Department, reports . CNN The FBI also received flash memory cards that may contain emails from Clinton when she was at the head of the American foreign policy department. The server and flash cards were handed over by Clinton's lawyer, David Kendall, on her personal instructions. This was done to more thoroughly investigate the data leak of US officials.

Volvo Cars Chinese investment has taken the Swedish brand to a new level Before the sale of the Chinese Geely in 2010, the Swedish automaker was part of the Premier Automotive Group, into which the American Ford gathered its manufacturers of prestigious cars (in addition to Volvo, the group also included Jaguar, Daimler, Land Rover and Aston Martin). Like their classmates, the Swedes tried their best to make premium cars, but something was missing from them.

The Federal Agency for Fisheries (Rosrybolovstvo) is closely monitoring the situation with fish prices and, if they rise sharply, will propose to introduce export duties on this product, RIA Novosti reported on Wednesday, August 12, citing a statement by the head of Rosrybolovstvo, Ilya Shestakov. He recalled that the issue of export duties first arose in the spring, when the cost of products, including fish, rose sharply. After prices began to decline again, the issue disappeared for a while.

Getty Images In the maneuvers, Russia and NATO saw preparations for a full-fledged confrontation with each other The British non-governmental research center European Leadership Network (ELN), which includes dozens of retired European military officers and politicians, saw in the recent military exercises between Russia and NATO preparation for a full-fledged confrontation with each other, the Financial Times reported on Wednesday, August 12, with link to analysts' report.

photo by Max Novikov for Forbes The euro exchange rate exceeded 72 rubles, updating the maximum since February 24 The dollar exchange rate on the Moscow Exchange, a few minutes after the opening of trading, broke through the psychologically important mark of 65 rubles, reaching a maximum of 65.19 rubles, according to exchange data on Wednesday, August 12. This rate of the American currency is 91 kopecks higher than the closing level of trading on August 11.

The capital's arbitration court on Wednesday satisfied the claim of the Bank of Moscow, part of the VTB group, and recovered 18.2 billion rubles in loan debt from Stroygazconsulting in its favor, RIA Novosti reported . The bank demanded early repayment of the debt on seven loans that were issued in 2012-2013 to the subsidiary of Stroygazconsulting of the Gaztekhleasing company. Stroygazconsulting acted as a guarantor for these loan agreements.