The Central Bank limited the purchase of foreign shares, the EU suspended an agreement on visas and what to expect from Liz tracks @ Pexels Restrictions on the purchase of foreign shares for a wide range of investors are becoming a reality. The Central Bank, who proposed to discuss this issue in July, today announced the introduction of restrictions on October 1, and from January 1, 2023 - about the actual ban on the purchase of “non -divine” countries “non -divine” countries.

A Moscow court sentenced journalist Ivan Safronov to 22 years in prison Monday. The sentence means that Safronov, who was arrested in 2020, will remain behind bars until 2042. Previously a defense correspondent for Russian newspapers, Kommersant and Vedomosti, did not plead guilty to any of the charges and repeatedly refused a plea bargain despite a promise that his sentence would be halved if he confessed.

It finally happened. As anticipated by European leaders and analysts all summer, Russia shut down its Nord Stream gas pipeline to Europe indefinitely. The decision appears to be a response to the G7 countries’ agreement on capping prices for Russian oil and European Commission chief Ursula von der Leyen’s proposal to impose similar measures on Russian gas. However, sooner or later, it was always going to happen.

The IAEA has released a report on nuclear safety issues in Ukraine. The group of experts was at the Zaporozhye NPP from September 1 to 5, two representatives of the delegation remain there on a permanent basis for further monitoring of the situation. The main conclusions of the IAEA based on the results of the mission's trip to the Zaporozhye NPP: The shelling to which the station is exposed has not yet provoked an emergency, but is a constant threat and could lead to a nuclear catastrophe.

Hello! This week our top story is Gazprom’s decision to shut-down its main gas pipeline into Europe . We also look at the draconian 22-year prison sentence handed down to a Russian journalist and the passing of the last Soviet leader, Mikhail Gorbachev ; as controversial in death as in life. In particular, we look at Gorbachev’s economic reforms, which were intended to revitalize the Soviet economy but, instead, led to its implosion.

The European Commission approved a proposal to completely stop the visa facilitation agreement with Russia. The decision comes into force on September 12. “This means that Russian citizens will no longer enjoy privileged access to the EU and will face a longer, more expensive and complicated visa application process.

The Central Bank restricts the sale of securities of "unfriendly" countries to unqualified investors. Since October, the share of such securities in the portfolio should not exceed 15%, and next year they will not be available for purchase at all. The Central Bank restricts the sale of securities of "unfriendly" countries to "nonquals".

The confidential forecast for the Russian economy is much worse than the open one Bloomberg received access to a confidential forecast of the development of the Russian economy for high-ranking officials. Against its background, all published official forecasts become optimistic: a multi-year recession is described with tougher sanctions and a severe crisis in import-dependent industries.

For an emergency meeting on the energy crisis to be held this Friday, the EC has prepared two options for the ceiling on Russian gas prices, the learned Financial Times . One of them proposes the introduction of a strict price limit for gas from Russia, the second is the establishment of a system in which the price threshold will differ from country to country in order to form an energy balance.

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