The authorities cannot slow down the ruble strengthened to the "peak levels" Unsplash @ The ruble on Monday continued to sharply strengthen in relation to the dollar and the euro, despite the attempts by the authorities to slow down this fortification. The Ministry of Economic Development believes that now it is on peak values.

The ex-Minister of Foreign Affairs of Austria, Karin Kneissl, who became famous thanks to the dance with Vladimir Putin, left the board of directors of Rosneft. This is stated in the message of the company. Earlier, ex-Chancellor Gerhard Schroeder and CEO of Nord Stream 2 AG Matthias Warnig left the board of directors of Rosneft.

Russia will be part of the new OPEC+ agreement, said Prince Abdulaziz bin Salman Al Saud, the Kingdom's Energy Minister, in an interview with the Financial Times. The agreement to limit oil production, which held back the fall in oil prices, will expire by the end of this year. The Minister considered it premature to disclose the parameters of the new agreement, given the chaos in the market, but did not rule out an increase in oil production in the presence of demand.

The Bell continues to conduct online, dedicated to the economic consequences of the "special military operation" in Ukraine, which began on February 24 SUPPORT THE BELL The war completely changed our lives. We have been writing about its consequences for each of us online since February 24. We have never taken money from readers for content, believing that we can earn money ourselves. But now our business model, like so much else in the economy, has collapsed. Help The Bell keep going!

Hello! This week our top story is on what recently released financial data reveals about Russia’s rapidly growing dependency on oil , as well as a collapse in VAT revenue and how China is coming to Moscow’s rescue. We also look at the new owner of McDonald’s in Russia after the U.S. fast food chain decided to leave the country.