US President Joe Biden announced a total ban on Russian energy imports to the US. “This means that Russian oil is no longer allowed into US ports, and the American people will deal another powerful blow to the Putin war machine,” he said. The United States understands that many allies in Europe will not be able to join the embargo, as they are more dependent on energy supplies from Russia, Biden said.

The European Commission on March 8 announced that it had drawn up a "plan outline" that provides for the abandonment of Russian fossil fuels "well before 2030." “We must become independent of Russian oil, coal and gas. We simply cannot rely on a supplier who clearly threatens us,” said European Commission President Ursula von der Leyen.

China is considering buying or increasing stakes in Russian energy and natural resources companies such as Gazprom and UC Rusal, Bloomberg reported , citing sources familiar with the situation. Chinese authorities are in talks with state-owned companies including CNPC, China Petrochemical Corporation (Sinopec), Aluminum Corporation of China and China Minmetals Corporation about potential investment opportunities in Russian companies or assets, they said.

This morning, President of Ukraine Volodymyr Zelensky gave an interview to the American television channel ABC, in which he made a number of important statements, including his readiness to discuss the recognition of Russian sovereignty over Crimea and the independence of the DPR and LPR. These words were widely quoted by news agencies.

The Russian stock market is obviously experiencing worst times in its short history. This does not allow to fix this only that the quotes on the Mosbirzh were not updated since February 28 due to a trading stop. As a result, Russian and international investors were “stuck” in ruble assets. We tell you what prices of assets should be waiting for the investor when the auction is resumed and what to do with what remains of your portfolio.

Expenses for payments to families with children from 8 to 16 years old will amount to 455 billion rubles, Finance Minister Anton Siluanov told reporters. “The payment will be made from May of this year for the period starting from April 1 on the basis of the principles of the social treasury, taking into account a comprehensive means assessment,” the press service of the Ministry of Finance told The Bell.

Giant Procter&Gamble's refusal to promote in Russia could deal a heavy blow to the TV advertising industry. Especially if other international brands follow suit. Procter & Gamble announced on the eve that it is curtailing all new investments in Russia and all advertising activity. Among the well-known brands of the company are washing powders Ariel, Tide, Myth, detergents Fairy, Lenor, diapers Pampers.