Ukraine is a candidate for EU members, the departure of Nike, Microsoft and Cisco and the International Law Forum are no worse than the PMEF @ Pxher Four months after the outbreak of war, Ukraine received the status of a candidate for members of the European Union. The symbolically important solution unanimously approved the heads of 27 EU member states at a summit in Brussels.

The American manufacturer of network equipment Cisco has decided to gradually curtail its activities in Russia and Belarus. All business operations, including sales and service, were suspended back in March. "We will contact customers, partners and vendors directly to resolve our financial matters, including reimbursement of prepaid services and software agreements, within the limits of laws and regulations," the company said in a statement.

The American shoe and clothing manufacturer Nike has announced its final withdrawal from the Russian market. The company has been operating in Russia since 1993. In March, Nike stopped deliveries, stopped the operation of the Russian online store and delivery to the region, and temporarily closed all directly operated stores.

The termination of payments on Eurobonds in foreign currency does not mean a default on the external debt, Finance Minister Anton Siluanov said in an explanation. “The Russian Federation does not refuse to fulfill its obligations under government securities and, as a responsible borrower, is taking all possible actions to bring funds to all investors in full,” the head of the Ministry of Finance said.

The Ministry of Finance reported that, in accordance with the presidential decree of June 22, it made payments on Eurobonds in rubles. Funds for the payment of coupon income on bonds maturing in 2027 and 2047 in the total amount of 12.51 billion rubles (the equivalent of $234.85 million) were received by the National Settlement Depository (NSD), the agency explained. The Ministry of Finance considers the obligations fulfilled in full.

Singer Misha Mavashi, Abbess Xenia, TV presenter Vladimir Solovyov and deputy Maria Butina will perform at the sessions of the annual St. Petersburg International Legal Forum (SPBILF) this year. Traditional for previous years participants from Europe have not yet been announced. How will the anniversary SPBILF take place This year the SPBILF is being held for the 10th anniversary. The forum has traditionally been a continuation of SPIEF for the legal industry.

Germany has raised the risk level in accordance with the national plan of action for restricting gas supplies to the second level of three. this today , stating that Russia is using natural gas supplies as a weapon. announced Economics Minister and Vice Chancellor Robert Habek At this level, the state will strengthen the monitoring of the gas market and allow the reactivation of some coal-fired thermal power plants.

Signs of stagflation in the world economy, which wrote the World Bank about earlier, are also seen in the Russian Ministry of Finance. According to Vedomosti , the fact that the world economy is plunging into stagflation is stated in the draft of the main directions of the budget, tax and customs tariff policy prepared by the ministry for 2023-2025. The Ministry of Finance blames the policy of the largest Western states for stagflation.

Promsvyazbank, a backbone for the military-industrial sector, may buy SMP-Bank from the Rotenberg family, learned Kommersant . According to the publication, the parties have been discussing the deal since December 2021, and at the beginning of 2022, PSB conducted a due diligence of SMP Bank, which took about two months. Both banks are now under the toughest sanctions, but this removes a number of questions about the deal rather than complicates it, the newspaper writes.

Retailers begin to import electronics through parallel imports Unsplash @ The “connected” first of the major retailers confirmed the beginning of the import of electronics through a parallel import. He thus replenished the assortment of more than 100 headings. Devices will be more expensive by 10–20%than similar, imported before the start of the “special operation”, the company admits.