Scientists who learned to separate a random correlation from a causal relationship received the Nobel Prize of Economics Three American economists received the Nobel Prize of the 2021 Economics for natural experiments - methods to conduct reliable research in cases where there is no way to conduct a randomized experiment with the control group.

World coffee prices have already risen by 55% this year, mainly due to bad weather in Brazil. Now they could jump even higher as Colombian farmers decided to hold back supplies in order to sell their produce at a higher price , reported . Reuters Coffee growers in Colombia, the world's second largest supplier of Arabica, have not shipped 10% of their crop, or up to 1 million bags of beans, this year, industry sources told the agency.

The Czech PPF Group, which controls Home Credit Bank, is looking for a buyer for it, Frank Media writes , citing two bankers and one of the recruiters. According to the recruiter, the decision to sell was made at group level shortly after the death of PPF Group founder Peter Kellner, who died in a helicopter crash in March 2021. A top manager of a large bank says that the Hungarian OTP Group is considering the opportunity.

Tinkoff Bank was included in the updated list of systemically important credit institutions, the Central Bank said . This decision was made in connection with "active business growth, significantly exceeding the market average, as well as an extensive client base," the regulator explained. The list of systemically important credit institutions is updated annually. Now it has 13 banks, which account for about 77% of the total assets of the Russian banking sector.

Russia sent 60% of all content takedown requests to Google in ten years, more than all other countries combined. This is evidenced by the Google Transparency Report - the statistics that the corporation discloses, writes the BBC Russian Service. During the period from 2011 to 2020, Russian government agencies contacted Google 123,606 times (60.6% of all requests).

The Evraz plant in the American city of Pueblo (Colorado) will almost completely switch to solar energy. The $285 million Bighorn battery will be launched this week. Thanks to her, the company, according to her statement, will produce "the cleanest steel and metal structures in the world." The 750,000-panel Bighorn solar array, developed by Lightsource BP, will provide nearly 90% of the plant's energy needs, according to the Financial Times.

"AliExpress Russia" reported on business results for the first financial half of the year (April 1 - September 30). Gross goods turnover (GMV) amounted to RUB 133.3 billion excluding services (+36% yoy). Russian sellers accounted for a third of the turnover, sales of their goods grew by 126% year-on-year. The number of orders from sellers from Russia grew by 5.5 times year-on-year, the total number of orders on the platform reached 139.2 million.

Can a retailer make the Russians smile more than each other, and what is the benefit of his business? Why create sports grounds and bookcrossing at food stores? And is it necessary to convince suppliers to use more environmentally friendly packaging, and contractors to use plastic plastic plastic plafers?

The Nobel Committee on Economics for 2021 was awarded to three economists who studied natural experiments - and thereby contributed not only to their area. “The work of the laureates made a revolution in empirical studies in the social sciences and significantly contributed to the researchers to answer questions of great public importance,” the committee writes.

Journalists from the VTimes publication, which closed after he was recognized as a foreign agent, launched a new media project called VPost, according to his Telegram channel. Former VTimes editors Boris Safronov, Philipp Sterkin and Kirill Kharatyan will work for VPost. The publication intends to submit documents for registration of mass media, it is noted in its message. So far, it works only in social networks, but soon it will also have a website.

The Moscow Operational Headquarters explained the procedure for organizing and conducting free rapid tests for the antigen to COVID-19 in multifunctional centers and shopping centers. Rapid tests show the likelihood of contracting coronavirus in 15 minutes, the report said . This screening method is effective in 85%, the proportion of false positive results is only 2%. Free testing will be available to all ages in 20 locations covering most districts of the capital.

Dmitry Muratov, editor-in-chief of independent Novaya Gazeta newspaper, became the first Russian journalist to receive the Nobel Peace Prize on Friday. Those who wanted to see the prize go to jailed opposition leader Alexei Navalny were deeply unhappy with the decision. Novaya Gazeta started out as one of Russia’s first independent media outlets, and today it is one of the few left.

A Russian actor and director blasted off Tuesday for a trip to the International Space Station (ISS) to make the first ever movie to be shot in space. But this joint project between state space corporation Roscosmos and state-owned TV station Channel One provoked controversy. While some applauded a ground-breaking moment in Russian movie-making, others were angered by the disruption to the work of the space program.

Europe’s energy crisis has offered President Vladimir Putin a rare opportunity to flex his half-forgotten gas diplomacy muscles. Russia will benefit from rising gas prices, although state-owned gas giant Gazprom will not post the kind of super-profits some expect. The turbulence on the gas market last week was unprecedented. Benchmark European gas prices at the Dutch TTF hub surged close to $2,000 Wednesday before dropping below $1,000.

Offshore assets belonging to Russian officials and top executives at state-owned companies featured prominently in material published last week by the International Consortium of Investigative Journalists (ICIJ). The main revelations concerning Russia included: Konstantin Ernst, the head of state-owned Channel One who is often described as President Vladimir Putin’s image-maker-in-chief, was revealed as a beneficiary of an offshore company registered in the British Virgin Islands.