Having raised the rate by 0.75 points at once, the Central Bank showed that he was able to surprise. What is behind an unexpected decision and what does it mean for the investor? In Russia, against the backdrop of new incidence records, the most stringent covid restrictions are introduced since the spring of 2020. This news forced economists to assume that the Central Bank may abandon the new decisive step in raising the rate.

Hello! Our top story this week is about new COVID restrictions in Russia and what it means for the local economy embattled by the prospect of stagflation. We also look at questions about Russia’s esports triumph and the cost of Michelin guide long-awaited arrival to Moscow .

Tesla shares during trading rose by almost 1.8% and reached a new all-time high of $910. As of 21:33, they are worth $908.2, up 1.6% from the closing level. The fortune of the founder of the company Elon Musk, according to the Forbes Real-Time rating, at the same time grew by $3 billion and was estimated at $229.2 billion. Tesla, thanks to the increase in the share price, surpassed Facebook in capitalization for a short time, writes Bloomberg.

Mikhail Kokorich is the first hero whose history is "Russian norms!" They tell a second time: three years ago, the entrepreneur was already visiting Elizabeth Ossetian . Then he talked about his American startup Momentus, who intended to produce space tugboats. Since then, the company's rating has reached $ 1 billion, and former US intelligence officers appeared in its management. But Kokorich himself was recognized as a threat to US national security and even banned Momentus on Twitter.

Shares of the largest producer of plant-based meat Beyond Meat fell almost 16% during trading. At its low, the stock traded at $91.55, down 15.71% from the previous October 21 close of $108.62. As of 20:50, they have rebounded slightly to $93.73, which is 13.71% less than the closing level. The drop came after Beyond Meat cut its third-quarter revenue guidance, writes Bloomberg. The company expects revenue to be around $106 million, lower than its previous forecast of $120-140 million.

The former owner of the Cherkizovsky market, Telman Ismailov, who was detained in early October in Montenegro, received political asylum in this country, told the local edition of Vijesti. his lawyer Milos Vuksanovic According to him, in this regard, Ismailov was released from the detention center. He did not provide other details. Officially, this information has not yet been confirmed. Ismailov was detained and arrested in Montenegro in early October on a warrant issued in Russia.

Hackers associated with the Anonymous movement gained access to the Truth Social social network of former US President Donald Trump even before it officially launched, writes The New York Times (NYT). Trump announced the launch of his platform, created to combat the "tyranny of large technology companies", the day before, on October 21. The beta version of the social network should work for "invited guests" in November, and a full launch is planned for the first quarter of 2022.

Elvira Nabiullina explained the radical decision of the Central Bank to increase the rate by 0.75 percentage points. sustainable acceleration of inflation. Covid restrictions, as it turned out, the Central Bank is now also considering as a demolition factor. We retell the most important thing from Nabiullina’s speech following the results of the meeting. [Raising the rate by 75 B.P.] is a significant step, it is obvious that we are not in the “thin setting area”.

this today A new variant of the coronavirus AY.4.2 has been discovered in Moscow, Rospotrebnadzor officially announced . At the same time, there is no evidence yet that the new strain is more deadly. Kamil Khafizov, head of the scientific group for the development of new methods for diagnosing human diseases, said that “isolated cases” of a new subtype of coronavirus AY.4.2 were found among samples from the Moscow region. The new type is one offshoot of the COVID-19 delta strain.

The Bank of Russia unexpectedly raised the key rate by 0.75 p. (Up to 7.5%) due to a faster increase in inflation. Although this is not the main surprise for markets following the results of today's meeting, experts say. There should be a signature for the image How the market reacted After the decision of the Central Bank, the dollar fell sharply below 70 rubles, the euro - below 82 rubles.

Such measures as part of the fight against COVID-19, such as QR codes, must be introduced in doses - in the summer this led to a drop in business income, Mayor Sergei Sobyanin said on the Rossiya 1 TV channel. According to him, the fall ranged from 20 to 80%, on average - 36%, taking into account the work of summer verandas.

The largest American retailer Walmart has begun testing the sale of bitcoins in its stores using special kiosks, reports Bloomberg . According to company spokeswoman Molly Blakeman, the pilot started this month and so far includes 200 stalls. The project was launched jointly with the American company Coinstar. It is known for installing terminals at outlets that allow customers to exchange coins for vouchers that can be used at the same outlets.

The coal energy crisis in China is turning into a diesel one, and the country's authorities are trying to curb the situation, writes Bloomberg. Chinese refineries are increasing refining with a focus on diesel fuel and limiting its exports, the agency said. The country has seen increased household demand for diesel generators to cope with electricity supply constraints, and this is superimposed by a peak in agricultural demand and online shopping.

Against the backdrop of a sharp increase in the key rate of the Central Bank to 7.5%, the ruble is strengthening sharply: the dollar fell below 70 rubles, the euro - below 82 rubles. For the first time since July 2020, the dollar is trading below 70 rubles - after the decision of the Central Bank to raise the rate by 75 bp. he began to trade at 69.97 rubles. Since the close of previous trading, the American currency has lost 1.58% against the Russian one, or more than 1 ruble.

The Central Bank decided to increase the key rate by 0.75 percentage points, to 7.5%. The decision should have reflected a difficult search by the balance sheet regulator in the context of acceleration of inflation and fears for economic growth due to covid restrictions announced in the country. By its decision, the Central Bank emphasized the fight against inflation. The Board of Directors of the Central Bank raised the key rate for the sixth time in a row. Improving the rate by 75 b.p.