Norilsk Nickel received permission from a special commission under the Ministry of Finance to pay off external debts for three months, with the right to extend until September 2022. By presidential decree, debts to foreign creditors can be repaid in rubles, but not all of them are ready to accept such payments, explained Vladimir Potanin, head of Norilsk Nickel, to RBC.

The West continues to increase pressure on Russian elites close to Vladimir Putin. On the night of March 12, the Italian media reported ( 1 , 2 ) about the arrest of the three-masted yacht of entrepreneur Andrey Melnichenko. Sailing Yacht A is considered the largest private sailing yacht in the world. Its length is 142 m, the displacement is almost 13,000 tons. The cost of the vessel is estimated at 530 million euros (or $580 million).

A number of American hedge funds with investments from Roman Abramovich received an order to freeze his assets, The Wall Street Journal found out. This happened after the British government imposed sanctions on a Russian-Israeli businessman. The freezing of WSJ assets was told by sources familiar with the instructions for funds.

The US has introduced a new package of sanctions against the "Kremlin elite" and oligarchs "who are accomplices of the regime." The sanctions list includes : members of the family of Presidential Press Secretary Dmitry Peskov - wife Tatyana Navka, children Nikolai and Elizaveta Peskov; businessman Viktor Vekselberg (a yacht called Tango and a passenger plane with tail number P4-MIS are blocked, which, according to the US Treasury Department, are associated with a billionaire); 10 members of the

Inevitable default, currency control, nationalization of foreign business and stopping international flights The main economic results of this week: the default of Russia on external debt has become practically inevitable, the country introduced hard currency control with the ban on the purchase of cash dollars, the property of foreign companies leaving the country will be de facto nationalized, and the international flights of Russian airlines are almost completely suspended.