The Baring Vostok case is completed: Michael Kalvi received five and a half years of conditional term, lost a bank and 2.5 billion rubles Two and a half years after the arrest of the founder of Baring Vostok, Michael Kalvi, the most high-profile trial in Russia, was completed. On Friday, late in the evening, the court sentenced Kalvi to five and a half years conditionally. The rest of the Baring Vostok case received conditional terms.

The court sentenced American investor, founder of the Baring Vostok fund Michael Calvey to 5.5 years probation. The reading of the verdict took two days: on Thursday, August 5, the session was postponed to Friday after the verdict was read out in court for more than five hours. The fact that the verdict will be guilty, the judge announced on Thursday morning. Calvey and Baring Vostok employees were accused of embezzling 2.5 billion rubles from Vostochny Bank.

In annual terms, inflation in July slowed down for the first time since April, but only slightly: to 6.46% from 6.50% at the end of June, when price growth broke a five-year record. The main role in the slowdown was played by the cheapening of fruits and vegetables due to the seasonal factor, and building materials rose in price most of all, follows from the materials of Rosstat.

Vladimir Putin instructed to work out the possibility of issuing preferential mortgages for the construction of standard private houses (individual housing construction, individual housing construction). Prime Minister Mikhail Mishustin and head of the Central Bank Elvira Nabiullina were appointed responsible for the task, says the order . The due date is December 1st.

The Ministry of Justice officially included the FBK, the Foundation for the Protection of Citizens' Rights (FZPG) and the Navalny Headquarters movement in the list of organizations banned in Russia. All three had also previously been recognized as foreign agents. The decision took effect the day after the court dismissed the appeal. Organizations are included under numbers 86-88 of the list.

The founder and CEO of XSOLLA, Alexander Agapitov this week, fired 147 out of about 500 employees of his company-by e-mail. Decisions on dismissal were made after analyzing the activity of employees in work chats, mail and other services using Big Data. Much more than the fact of dismissal itself, the form of presentation of this news is discussed in social networks.

The second cryptocurrency after bitcoin - ethereum - feels much better than the main one, writes Bloomberg. This week, ethereum is close to $2,800. Since the beginning of the year, it has risen by 280%, while bitcoin is “only” 40% with huge volatility: the maximum was reached in April at almost $65,000, it recently fell below $30,000 . Investor sentiment was swayed by a successful hard fork, codenamed London, the first change of its magnitude since 2015.

The Preobrazhensky Court of Moscow sentenced Oleg Navalny, brother of politician Alexei Navalny, to a year of suspended imprisonment on a "sanitary case." The punishment under part 4 of article 33, part 1 of article 236 of the Criminal Code of the Russian Federation was conditionally “in the form of imprisonment for one year”, “with a probationary period for one year,” Navalny’s lawyer Nikos Paraskevov told RIA Novosti .

The American television channel CNN fired three employees because they came to the office last week without a COVID-19 vaccination. This is reported by Reuters, citing CNN President Jeff Zucker. “Every [employee] in the news, sports and studios who comes into the office must henceforth be vaccinated. We have been talking about this clearly for several months to avoid any misunderstandings,” Zucker said in a letter to staff. He noted that the company adheres to "zero tolerance" in such cases.

The price of gas in Europe on the ICE Futures exchange updated a record on August 6, having exceeded $542 per thousand cubic meters by the time trading was opened. This happened after the accident at the "daughter" of "Gazprom". According to RIA Novosti, by 11:30 Moscow time, the September gas futures on the TTF index (the most liquid hub in Europe) rose to $546.3 per thousand cubic meters. Then the price dropped to $535.

The next victim of the Chinese authorities' attack on IT giants will be the Meituan conglomerate, which faces a $1 billion fine, found out . The Wall Street Journal According to the publication, the reason will be the same “one out of two” rule (imposed on consumers to choose their ecosystem), for which Alibaba paid a record fine of $ 2.8 billion. With a capitalization of $170 billion, Meituan is now the third largest public company in China after Tencent and Alibaba.

US intelligence agencies, which President Joe Biden instructed to clarify the conclusions about the origin of the coronavirus within 90 days, received a database of the genetic sequences of the virus from a laboratory in Wuhan, writes CNN. According to the agency, we are talking about the entire "raw" database. CNN notes that due to the large volume of such data, genetic sequencers usually send directly to the cloud. Thus, it is possible that such luck is the fruit of the efforts of hackers.

Chinese smartphone maker Xiaomi came out on top in shipments for the first time, overtaking both Apple and Samsung. According to Counterpoint , in June, Xiaomi shipments grew by 26% on a monthly basis, and its global sales share reached 17.1%. In second place is Samsung with 15.7%, in third is Apple with 14.3%.

In 2020, the Give Life charity fund received 2.2 billion rubles of donations, a third of which provided business. Russian companies are increasingly becoming philanthropists, and not only for the sake of a global mission. Donations can, for example, help save on taxes. The director of “Give Life” Ekaterina Shergova tells how to make an application for tax preferences, avoid marketing failure, telling about social activity, and to understand which of the thousands of topics will be effective.

Sputnik V is enough to withstand the current pace of vaccination in Russia, but no more: it is practically produced by a single company Four-fifths of all the Sputnik V vaccine in Russia was produced at the facilities of enterprises controlled or associated with Pharmstandard co-founder Viktor Kharitonin, Kommersant found out after studying the distribution of government contracts. The main competitor has not yet established production.