Russia’s so-called “special military operation” in Ukraine has not just led to the international isolation of the Russian economy but to new levels of government secrecy. An unprecedented halt in the publication of official economic statistics since the start of the fighting means we now know much less about what’s going on inside the economy. This lack of data has serious consequences: bad forecasting means rising costs and rising prices. What’s no longer being published?

The theme of release is a panic in the cryptocurrency market and the prospects of Tether and other stablcoins @ Philipp Katzenberger/Unsplash Another crisis on the crypto nunk has put under attack the stableco -shanks considered the most reliable - cryptocurrencies with a binding of the course to the dollar. Panic this week began with the collapse of Coin Terrausd.

The European Commission is developing measures in case of interruptions in gas supplies from Russia. According to a draft document seen by Bloomberg, the EU could cap gas prices to avoid "unbearably high" costs if Moscow cuts or stops fuel exports. The gas price cap will be temporarily set in an emergency, the document emphasizes. Its adoption is scheduled for May 18, and changes may be made before that.

As one of the least "painful" ways out of Russia, Italy's UniCredit and America's Citigroup are exploring asset swaps with Russian financial institutions, told people familiar with their plans the Financial Times. Negotiations on the sale of the business, however, continue. According to the FT, UniCredit worked out the terms of a deal with Russian banks that were not subject to sanctions.