The Chinese authorities are again hit on the Internet platforms. Over the weekend, they destroyed the commercial EdTech and dealt a powerful blow to delivery The Chinese authorities with their hurricane regulatory attack on the Internet company finally managed to truly collapse the American exchange. Do not think that after the stories with Alibaba and DIDI Chuxing, we finally went crazy in China - but this summer the most dramatic and important news for investors come from there.

Foreign currency savings in the bank accounts of Russians reached a maximum since February 2020, writes RIA Novosti with reference to the statistics of the Central Bank. In June, the savings of Russians in foreign currency accounts grew by 1.2%, to $92.7 billion. In February last year, Russians kept $94.3 billion in banks. In March 2020, after the collapse of the ruble, depositors took a record $5 billion from banks .

From July 27, Russians vaccinated against the coronavirus will be able to enter Hungary for tourism purposes, said Foreign Minister Peter Szijjártó. Now citizens of Hungary can enter Russia for both business and tourism purposes. A negative PCR test is required to obtain a Russian visa. “We, in turn, have decided to allow vaccinated Russian citizens to come to Hungary from tomorrow for tourism purposes,” TASS quoted the Hungarian Foreign Minister as saying.

In July, inflationary expectations of the Russian population for the year ahead reached their highest level in the last five years, since November 2016. The median estimate of inflation expected by the population in the next 12 months was 13.4%. From the “infom” survey, which is analyzed by the Central Bank, it follows that over the month, the expected median estimate of inflation increased by 1.5 percentage points at once. - up to 13.4%.

The State Hermitage Museum and the Binance crypto exchange have agreed to release a limited series of NFTs with digital copies of works from the museum's collections, writes Kommersant . The works will be available to all Binance users at the end of August. The project involves such works as Vincent van Gogh's Lilac Bush, Claude Monet's Corner of the Mongerone Garden and Leonardo da Vinci's Madonna Lita.

Boeing loses the backbone of engineers - the company's leading specialists go to competitors, writes Bloomberg. Since the start of 2020, the giant Boeing Assembly Facility in Seattle alone has lost 3,200 engineers and production technologists — 18% of the engineering union. In total, the company, which showed record poor results in 2020, planned to cut 23,000 jobs.

Russian courts are many times more likely to acquit law enforcement officers than ordinary citizens, found out after studying judicial statistics over the past 10 years. Dozhd Over the decade, the percentage of acquittals has decreased both among law enforcement officers and among ordinary Russians.

The Russian Central Bank raised interest rates Friday by a whole percentage point, the biggest upward move in seven years as officials seek to stop price increases spiraling out of control. There are growing worries that — as people anticipate price rises — they will opt to spend rather than save and fuel an inflationary cycle. Given the approaching parliamentary elections, the government is under intense pressure to resolve this issue.

The government commission approved a bill allowing bailiffs to seize passports from debtors who are restricted from traveling abroad. This was told to RIA Novosti by the Chairman of the Board of the Association of Lawyers of Russia (AJUR) Vladimir Gruzdev. Withdrawn passports in all cases must be sent to the state body that issued them.

Journalists from three independent media outlets — Meduza, Kholod and Mediazona — published an investigation Tuesday alleging the Ministry of Health has a secret record of 29 million cases of coronavirus in Russia. That’s almost five times higher than the official figures and would mean Russia ranks third in the world for absolute number of infections. The response from the authorities only succeeded in muddying the issue further. What happened?

The extravagantly tasteless mansion belonging to the head of a regional traffic police outfit was the butt of endless jokes on social media this week. The officer in question was accused of stealing $270,000 and is under investigation. The size of the haul — and the preposterous architecture — led to suspicions the case came to light as a way of channeling public anger about corruption before parliamentary elections.

The history of the Snaphte application becomes like an American slides: in 2018, the poor work of the application on Android devices and the function of masks on Instagram forced the company's shares to collapse by almost 80%. However, now the company's capitalization is at a record high level, and Wall Street expects a breakthrough from it in the AR industry, writes Forbes.

The site of supporters of the opposition leader Alexei Navalny navalny.com is blocked by Roskomnadzor. the blocking announced Aleksey Venediktov, editor-in-chief of Ekho Moskvy, on Telegram. The site itself works, but is only accessible using block bypass tools. The latest material on the site is the announcement of a material about the property of the alleged family of the speaker of the State Duma, Vyacheslav Volodin.

Accused of treason, journalist Ivan Safronov was interrogated as a witness in the case of his lawyer Ivan Pavlov on the disclosure of preliminary investigation data. Now they can't communicate. On April 30, the Basmanny Court of Moscow chose Pavlova as a measure of restraint in the form of a ban on certain actions, including communication with witnesses.

Investors rushed to sell Chinese stocks - $ 2 billion were sold today alone. As the FT explains , Beijing's crackdown on educational companies has raised fears that no sector of the country's business is immune from decisive action by regulators. Foreign investors sold 12.8 billion yuan (about $2 billion) of shares in companies listed in Shanghai and Shenzhen, the fastest sales in a year.