Threats of the gas war, Putin against Chemezov and for Yandex with Ozon and the new law on the ban on the “propaganda of LGBT” @ Unsplash Before July 21, when, after maintenance, the Northern Stream gas pipeline should again earn (or not earn), Gazprom worsens the voltage around supplies to Europe. Today, the media learned that on July 14, European buyers of Gazprom received a notification of force majeure, which prevented the supply of Russian gas in June and could continue to interfere.

Hello! This week we look at Russia’s plans to reduce its dependency on Western-made goods amid the war in Ukraine and international sanctions. But history suggests that significant success will be very difficult to achieve. New Deputy PM and Putin’s Daughter to Kickstart ‘Import Substitution’ Rumors were flying all last week about an “extraordinary” session of the Russian parliament, with predictions about what would be discussed ranging from a declaration of war to a new prime minister.

Ozon's ADR quotes on the Moscow Exchange jumped 10% on Monday, Yandex NV jumped more than 3% after an order from President Vladimir Putin to help them raise domestic capital. Putin gave the order at the Council on Strategic Development and National Projects. "Ozon" and "Yandex" financed development at the expense of the resources of Western financial markets, because the Russian system was not ready to meet their needs, the president stated .

An extraordinary meeting of the State Duma on Friday was without sensations. The main appointment in the government was the increase in the Minister of Industry Denis Manturov to the Deputy Prime Minister. This purpose, according to the Kremlin’s plan, should force import substitution - an endless process that everyone is talking about since 2014, and the Minister of Manturov heads it from the same moment. What could the government have been able to reach these eight years?

The court imposed a negotiable fine of 21.08 billion rubles on Google for repeated failure to remove unreliable information from YouTube about the progress of the operation in Ukraine. This is 10% of the revenue of Google and its affiliates in Russia, the court explained. Roskomnadzor drew up a protocol against Google for a repeated violation at the end of June and submitted it to the court.

Business reduced electricity consumption in June (for the first time since the beginning of the "special operation" in Ukraine) and, it seems, in July, Kommersant writes , citing data from system operators and experts' calculations. The wholesale market is structured differently than the retail market: companies pay both for capacity, expressed in gigawatts, and for consumed electricity, in kilowatt-hours.

Decrease in electricity consumption by industry — the most important indicator of economic slowdown — is becoming a trend in Russia Business definitely reduced electricity consumption in June (for the first time since the beginning of the "special operation" in Ukraine) and, it seems, in July, Kommersant writes , citing data from system operators and experts' calculations.

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!