Two months of military operation in Ukraine are coming to an end, and the operation itself continues. For millions of Russian investors who have made too much bet on the local market, this has a very specific price. In this issue we will summarize - what has lost and with what the Russian market remains. This article was written specifically for the new Bell Team. You can subscribe to it here .

The Ministry of Justice recognized ten more people as foreign agents.

Tinkoff Bank will rebrand this year, according to its Telegram channel. “In 2022, Tinkoff will rebrand and stop using the old brand. The company has been preparing for this step for a long time, and recent events have made this decision even more relevant.

The European Commission (EC) has confirmed that the scheme for paying for Russian gas in rubles, approved by Vladimir Putin's decree, will potentially conflict with the European sanctions regime, RBC writes , citing a document with clarifications from the commission.

On Sunday, April 24, the second round of the presidential elections in France will take place, in which the incumbent President Emmanuel Macron and his rival Marine Le Pen, leader of the far-right National Rally party, entered. We tell how the outcome of the elections can affect the economy and markets of France. This is not the first time Macron and Le Pen have competed for the presidency. In 2017, they were also opponents in the second round of elections.

Binance, the largest crypto exchange in the world, last year agreed to cooperate with Rosfinmonitoring and transfer data of Russian clients to it, Reuters reports citing sources. According to the agency, Russian authorities have been trying to trace millions of dollars worth of bitcoin transfers to Alexei Navalny's organizations. According to Reuters sources, in April last year, representatives of Rosfinmonitoring met in Moscow with the regional head of Binance, Gleb Kostarev.

The most important events for globally oriented investors are still taking place in American markets, and the speed of changes in the last few weeks is amazing: on Tuesday, the yield of 10-year-old TIPS for the first time since March 2020 has become more than zero, although on March 13 it was almost minus 1%, the nominal yield of 10-year-old trembris in the moment increased to the maximum since 2018, 2.98%.

Ilya Krasilshchik, a journalist and former head of the Yandex.Lavka service, has been prosecuted under an article about fakes about the Russian army. this was the first to report The Telegram channel Baza wrote , later Izvestia with reference to the Moscow branch of the Ministry of Internal Affairs. Immediately after this news, the Dyer announced that he had resigned from Yandex as of today.

The European Union has frozen assets worth 35 billion euros ($39 billion) in response to Russia's "special operation" in Ukraine, writes Bloomberg. According to this indicator, France is in the lead - it froze assets for 23.5 billion euros. Most of this amount - 22.8 billion euros - includes funds from the Central Bank. Germany, the EU's largest economy, has lagged far behind.

Swedish Essity, which produces Zewa toilet paper, Libresse pads and Libero baby diapers, will leave the Russian market, follows from the company's quarterly report. It notes that the conditions for doing business in Russia have deteriorated, and the company's assets in the country have depreciated. Essity's Russian business revenue in 2021 amounted to 2.8 billion kroons, which corresponds to 2% of the total annual revenue.

Belgian brewing company AB InBev has announced the sale of a stake in a Russian joint venture with Turkey's Anadolu Efes. Associated with the withdrawal from Russia, non-cash write-offs in the first quarter will amount to $1.1 billion, the stake will be sold to a Turkish partner, with whom negotiations are being completed. The deal involves a ban on the use of the Bud brand in Russia.

The Russian economy is the most “suction” in the world, and the new reality in which the stock market was once overnight is radically different from the one in which it has developed for the past 30 years. When Russian actions begin to grow confidently and is it time to buy cheaper papers long -term investors? We deal with Elbek Dalimov, the head of the Department of Trade of the Investment Group of Aton .

The IMF predicted Russia will soon lose its sixth place in terms of share in the world economy Indonesia will take sixth place in terms of GDP in the world in terms of purchasing power parity in two years, follows from the April IMF forecast (it was studied by RBC). Russia, which took this position in 2008, will fall to seventh place, where it will be propped up from below by Brazil.