Tax residents want to recognize people spending in Russia from 90 days. What problems will this bring to you? Last week, the Ministry of Finance scared Russians living abroad, announcing plans to reform the institution of tax residency. If they are implemented, to assign the status of a Russian tax resident, it will be enough for a person to spend 90 days in the country (instead of the current 183) or simply have a “center of life interests” in Russia.

The Turkish lira fell by 2.1% against the dollar on Monday, October 7, after US President Donald Trump tweeted threatening to destroy the Turkish economy if Turkey "goes beyond" during a new military operation in Syria. The dollar is worth 5.82 lira, the highest level since early September. Since the beginning of the year, the Turkish currency has lost 9.2%, reminds the FT.

The Ministry of Finance scared Russians living abroad, announcing plans to reform the Institute of Tax Residence. If these plans are implemented in order to become a tax resident in Russia, it will be enough for a person to spend 90 days in the country (instead of the current 183) or simply have a “center of life interests” in Russia. This can complicate the life of Russians living "on two countries." The Bell figured out exactly how.

President Vladimir Putin has raised the salaries of himself, Prime Minister Dmitry Medvedev and the heads of departments by 4.3% since October, according to the relevant decree. Putin signed the document on October 7, his birthday.

The owner of the MosCityGroup developer with Ukrainian citizenship, Pavel Fuks, has been put on the wanted list in Russia in absentia, he is accused of a particularly large-scale fraud, writes TASS . Two days earlier, the publication reported on the investigation's petition for the arrest of his brother, Roman Fuks, but the press service of the Tagansky Court denied the information that the materials were in court.

The Ministry of Economic Development proposed to increase taxes for small businesses by 4.9%, writes RBC, which has studied the draft document on regulation.gov.ru. The document contains deflator coefficients for 2020, with the help of which officials index taxes for small businesses. Based on the published figures, RBC calculated that if the document is adopted, the single tax on imputed income (UTII), the trade tax and the patent replacing taxes will increase by 4.9%.

Billionaire Mikhail Fridman has been subpoenaed in a Spanish court over a 2016 "raider takeover" of tech company Zed World Wide (ZWW), the Financial Times reported .

The Moscow City Court upheld the sentence of Danila Beglets, a person involved in the Moscow case, in the form of two years in prison under an article about violence against a policeman at a rally on July 27, Mediazona reports . After the hearing, the police detained the ex-defendants in the case, Vladislav Barabanov and Aleksey Minyailo, who were standing near the Moscow City Court building with posters in support of the Fugitive.

Russian films grossed 9 billion rubles in the first nine months of 2019, which is 20% less than in the same period a year earlier, Vedomosti reports , citing data from the Film Distributor's Bulletin. Box office receipts for foreign films in Russian cinemas increased by a quarter and amounted to 31.3 billion rubles over 9 months. Two foreign films collected more than 3 billion rubles: "The Lion King" and "Avengers: Endgame". Eight more foreign films have surpassed the billion ruble mark.

This year's Nobel Week kicked off with the Physiology or Medicine Prize, awarded to researchers William Kahlin, Peter Ratcliffe and Gregg Semenza, who uncovered the molecular mechanism by which cells adapt to oxygen levels. Details. The researchers were able to establish the exact intracellular mechanism of regulation of the synthesis of the hormone erythropoietin, which stimulates the synthesis of oxygen-carrying red blood cells.

A resident of the Stavropol Territory was fined 4,000 rubles because of a fire caused by the Ministry of Emergency Situations called smoking on the balcony. This was reported by Interfax with reference to the representative of the regional Ministry of Emergency Situations Oleg Degtyarev. According to him, this is the first fine in Russia for smoking on a balcony issued on the basis of new rules. The fire broke out by accident.

Europe's largest British bank HSBC cuts about 10,000 jobs or 4% of the staff, writes the Financial Times. This comes a few months after the resignation of the bank's CEO John Flint, who worked at HSBC for 30 years. According to the publication, this is "an ambitious attempt to cut costs" on the part of the interim chief executive of the bank, Noel Quinn. The bank's management considers it inappropriate to keep so many employees in Europe when the Asian market is twice as profitable.

Exchanged in early September for Ukrainian sailors and director Oleg Sentsov, the editor-in-chief of RIA Novosti-Ukraine, Kirill Vyshinsky, has been appointed executive director of the Rossiya Segodnya news agency, reported Vedomosti . The press service of Rossiya Segodnya confirmed this information. Vyshinsky spent more than a year in a Ukrainian pre-trial detention center after being detained in Kyiv on May 15, 2018.

Airlines have asked the government for more than 30 billion rubles, which will allow them to avoid "a sharp rise in ticket prices," aviation market sources told Izvestia. For the six months of 2019, air tickets have risen in price by 7%, and the losses of carriers have reached 52 billion rubles against 50 billion for the entire 2018. The Association of Air Transport Operators (AEVT) applied to the Ministry of Transport for budget money.

In their blogs, economists analyze the latest news and share new research. Our partners from Econs are closely monitoring what scientists write and take the best. In this issue: that countries should be drawn from the theory of Paul Krugman, written 40 years ago, how India becomes a technological giant and two models of capitalism.