Hello! This week we look at millions of struggling private investors amid the wreckage of Russia’s financial markets. Not only have most lost money, but the chances of recouping losses fades with each week. Russia’s Central Bank last month froze a large batch of shares in foreign companies in which Russians invested more than 2 trillion rubles ($35 billion) – and they now look to be permanently frozen.

Sberbank cut interest rates on loans and deposits after the key rate returned to the pre-crisis level of 9.5%. The maximum yield on deposits since June 12 is now 8% per annum. The rate can be obtained by opening an online deposit for up to four months (the contribution amount is from 100,000 rubles) and if you have an annual subscription to the services of SberPrime+ bank. Without it, the rate will be 7% per annum. The minimum base rate on a loan for any purpose is 14.9% per annum.

Former McDonald's in Russia will now be called "Vkusno - and that's it," Oleg Paroev, CEO of the company, said at a press conference. Under the new brand, the first 14 restaurants will open on June 12, and another 50 tomorrow. It is planned that the company will re-open 50-100 points a week. Shipping will start in a few days. Partnerships with suppliers have been maintained, however, at the first stage, not all menus will be available to customers due to logistical difficulties.