April was the first month of contraction in the Russian economy in 2022. Domestic demand contracted the most. According to the Ministry of Economic Development, in April, GDP fell by 3% yoy "against the backdrop of unprecedented sanctions pressure." In March, there was still an increase of 1.3% (a month ago, the ministry calculated +1.6%), although the slowdown and decline in some industries began even then.

The leadership of the Central Bank “urgently recommended” his employees to refrain from traveling to “unfriendly” countries to the “special order”, follows from the letter to the employees that The Bell got acquainted with.

American Freedom Holding, which includes the investment company Freedom Finance, will sell Russian assets to its founder Timur Turlov. “This is done so that the Russian company can continue to independently conduct business in Russia,” Turlov told Reuters. “Today we see no way to keep the Russian business inside the American holding.” The deal will take place in several stages. At the first Turlov will buy Russian business as an individual.

Oil prices fell after news about the possible removal of Russia from OPEC+ Carsten Ten Brink/Flickr/CC by 2.0 @ According to WSJ, OPEC is studying the possibility of excluding Russia from an oil production transaction. And although there is no confirmation of this information so far - on the contrary, everything indicates the opposite - oil prices have already responded with a fall in this news, although before that they grew up against the background of the introduction of an oil embargo.