Major foreign banks, including Goldman Sachs, Citigroup and Raiffeisen Bank, have opposed the central bank's plan to drastically limit their ability to move funds to parent structures outside of Russia, writes Bloomberg. Details The Central Bank proposed to limit the amount of funds that Russian "subsidiaries" of foreign banks can place in parent structures abroad, 20% of the bank's capital, follows from a document on the regulator's website. Now there are no restrictions on such operations.

Today, the Russian currency has weakened against the dollar and the euro by a whole ruble without any news from the US. But there were no less compelling reasons for the weakening: all today's news indicates that the state and the Central Bank do not prioritize the stability of the ruble exchange rate. The ruble began to fall in the morning, and at 20:00 fell exactly 1 ruble against the dollar (68.3 rubles/$) and 1.3 against the euro (79.1 rubles/€).

The ruble is getting cheaper again - and the news about sanctions is no longer needed for this. Details - in the evening newsletter The Bell. Minister of Economics Maxim Oreshkin and the head of the Central Bank Elvira Nabiullina are not going to support the ruble. Photo: kremlin.ru Today, the Russian currency weakened to the dollar and euro for a whole ruble without any news from the United States.

This weekend, it turned out that Tesla has a competitor in the struggle for Saudi billions-this is a startup from Silicon Valley Lucid Motors, launched in 2007 by former Top managers Tesla. The news collapsed Tesla: the PIF Saudi Suvelon Foundation is the chief investor of the future transaction for $ 82 billion for Tesla privatization, and, according to Ilon Mask, an agreement with the fund has already been reached.

In July, Russia bought the largest amount of gold this year, after getting rid of almost all US government bonds. The increase in investment in the metal allows you to protect yourself from dollar-related sanctions, writes Bloomberg. Details The volume of gold purchases in July amounted to 26.1 tons, a record high since November, the total number of reserves increased to 2170 tons and is estimated at $77 billion.

The Russian currency has accelerated the fall and continues to fall - the euro rose above 79 rubles, and the dollar - 68 rubles. Details By 15:00 Moscow time, the ruble fell from 77.96 to 78.97 rubles / €., for the first time since April 11, 2018, exceeding the mark of 79 rubles. The Russian currency also fell against the dollar - from 67.38 to 68.06 rubles/$.

Alfa Group co-owners Mikhail Fridman, Petr Aven and German Khan failed to win a lawsuit in the United States against former British intelligence agent Christopher Steele, the author of a scandalous dossier with compromising information on President Donald Trump. With this document, in fact, the scandal about Russian interference in the American elections began. Steel accused the co-owners of Alfa of having close ties with Vladimir Putin.

A year ago, new rules for bringing to subsidiary liability for company debts came into force in Russia. Tax officials believe that the new mechanism is working: since the direct beneficiaries and management began to answer for the debts of companies, the number of claims against them has been growing.

Former Trump lawyer gave his readings under the oath. Details about what is now waiting for the US President - in the newsletter The Bell Photo: Flickr / CC by-SA 2.0 Donald Trump survived yesterday, perhaps the worst day for his entire presidential term - his former personal lawyer Michael Cohen gave his testimony against him, and the former head of his election staff Paul Manafort was found guilty of numerous fraud.

Former personal lawyer of Donald Trump, Michael Cohen, accused in the United States of financial fraud and tax fraud, confessed , and most importantly, said that he committed some crimes on behalf of Trump. We are talking about payments of hundreds of thousands of dollars during the election race to two women who wanted to go public about their intimate relationship with Trump. Such actions are a criminal offense that could potentially lead to Trump's impeachment, writes the WSJ.