The new weakening of the ruble becomes a tendency. The Russian currency has been cheaper for the third day in a row, over the past week I lost almost 3 rubles to the dollar, and today, against the backdrop of a fall in oil price Brent below $ 40, it was finally recorded at a level above 76 rubles/$. The ruble can begin to strengthen back only by the end of the year, the analysts surveyed by The Bell believe.

The ruble is getting cheaper for the third day in a row, the price of oil fell below $ 40: what to wait? The new weakening of the ruble becomes a tendency. The Russian currency has been cheaper for the third day in a row, over the past week I lost almost 3 rubles to the dollar, and today, against the backdrop of a fall in oil price Brent below $ 40, it was finally recorded at a level above 76 rubles/$.

Minsk presented to the OSCE and Moscow its version of the settlement of the political crisis in the country, RBC reports citing sources. According to the publication, the plan includes carrying out constitutional reform until 2022, weakening the power of the president in favor of the government and parliament, and repeat presidential elections after amending the Basic Law.

Tens of thousands of people protested Sunday across Belarus against President Alexander Lukashenko, the third consecutive week of demonstrations following heavily rigged elections. The country’s IT sector — famous for nurturing companies like World of Tanks and Viber — has traditionally kept out of politics, but they are now openly supporting the opposition. Why has the sector turned against Lukashenko?

The head of VTB Andrei Kostin proposed a new idea of ​​tax benefits for the poor - to introduce a “negative personal income tax” for people with a very low salary. Last year, Kostin was one of the first to talk about the abolition of income tax for the poor - later an increase in personal income tax to 15% for people with a high salary increased from this discussion.

The price of Brent oil in London fell below $40 - quotes fell by 5.26% during the day. These are the lowest oil prices since the end of June. By 17:00 Moscow time, the November futures for Brent oil cost $39.9. Oil has been falling for the second day due to new signs of falling demand, another factor in the fall is the continued correction in the US stock market, writes Bloomberg. The US reopened lower today.

The Russian ruble will not fall next year, and in a year it will strengthen, according to Fitch: in 2021, according to their forecast, the dollar exchange rate will be 71 rubles, in 2022 - 69 rubles. The agency also improved its forecast for the depth of the decline in Russian GDP this year. A new report from the Fitch rating agency ( read by RBC) states that the Russian currency will strengthen its position against the dollar in 2021 and 2022.

The RTS index fell below 1200 points - the last time it showed such values ​​was in May 2020. During the day, the index lost 2.18% (by 15:40 Moscow time), reaching a value of 1192 points. The index of the Moscow Exchange is also decreasing. It lost 1.54% to 2887 points. The index of "blue chips" fell by 1.67%. Shares of Mail.Ru Group fell by 4.13%, Yandex - by 3.18%, Polymetal - by 3.02%. The currency continues to rise in price: the dollar added 0.58 rubles and reached 76.34 rubles.

Cyprus and Russia have signed a protocol on amendments to the bilateral agreement on the avoidance of double taxation "in terms of increasing the withholding tax to 15% on dividends and interest," the Russian Finance Ministry said . Countries will ratify the protocol before the end of the year so that the new rates apply from January 1, 2021.

In an interview with Russian journalists, Lukashenka spoke about why Belarusians are unhappy with him, as well as about where Maria Kolesnikova wanted to flee. Rossiya 1 correspondent Yevgeny Rozhkov, who participated in the conversation with the Belarusian president, spoke about the topics of the interview. Lukashenko said that the main reason for the protests in Belarus remains external influence, most of all from the Americans.

The administration of US President Donald Trump is discussing a ban on products made from Chinese cotton produced in Xinjiang, The New York Times reported , citing sources. According to the publication, the ban could be announced as early as September 8. The reason is the alleged violations of human rights in Xinjiang. The ban could affect a wide range of clothing and other cotton products.

The portfolios of funds that are considered to be valuable are now literally stuffed with expensive fast -growing shares. Berkshire Hathaway Warren Buffete is the third major shareholder of Apple. At the same time, the essence of value investment is actually in the purchase of shares cheap.

On Tuesday, September 8, Tesla's quotes in premarket fell by 10% due to the fact that the company's papers were not included in the S&P 500 index last Friday. On Monday, the United States celebrated Labor Day, and the stock exchanges did not work.

The Presnensky court of Moscow sentenced actor Mikhail Efremov to 8 years in a general regime colony for participating in a death accident. The investigation asked for 11 years of a colony of general regime, the defense expected a term of 6-8 years. The Presnensky court of Moscow found Efremov guilty. The court decided to recover 800 thousand rubles of compensation from Efremov to the eldest son of the deceased, as well as send Efremov for 8 years to a general regime colony.

In early February 2020, Tesla’s capitalization first exceeded $ 100 billion. Investors and skeptics grabbed their heads and did not understand how a company that only became profitable for a couple of months could cost more than giants of a car industry. Six months later, Tesla costs almost $ 400 billion - and, it seems, this is not the limit.