Hello! This week our top story is a look at the difficult choices faced by many of the political technocrats who have worked as economic managers for President Vladimir Putin over the last 20 years. While staying in government after the start of the invasion led to allegations of collaboration, there has been no mass exodus of officials. We also look at the arrest of top university head and long-time Kremlin adviser Vladimir Mau .

Randomness or change of trend: why the ruble has decreased in relation to the dollar The ruble during the trading on Monday sank to a two -week minimum - almost 56.5 per dollar, and compared to Friday morning he lost more than 4 rubles to the dollar. And although the reduction was more modest to close, some analysts admit that the peak has been passed and it is worth expecting a turn to weaken the ruble.

Iran is forced to further cut the price of its already cheap oil to withstand increased competition from Russia in the Chinese market, writes Bloomberg. China for Iran, which is also under Western sanctions, is perhaps the only market for oil. Therefore, he has no choice but to sell his oil at a discount against the backdrop of increased supplies from Russia. Iranian oil is now selling for about $10 less than benchmark Brent, Bloomberg estimates.

Russian GDP in May was significantly affected by military production - without it, the dynamics would have been noticeably worse, writes . Kommersant According to the Federal State Statistics Service, in May compared to April, seasonally adjusted, industrial production decreased by 0.2%, and according to the CMASF - by 1.3% (in annual terms - by 1.7% and 4.2%, respectively).

The capture of Lisichansk and the entry of the Russian Armed Forces to the borders of the LPR change little in the picture of the war in Ukraine Over the weekend, the Russian Armed Forces established control over Lisichansk, the last major city in the Lugansk region of Ukraine, by closing the Lisichansk pocket.

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!