Angela Merkel is not seeking re-election as German chancellor after her fourth term ends in 2021. She stated this on Monday at a press conference in Berlin. Also, according to her, she will not be re-elected as the leader of the Christian Democratic Union (CDU) and a member of the Bundestag. The reason for the decision was the failure of the CDU in the last few elections. Merkel recognized this Sunday's elections to the Landtag (local parliament) in Hesse as unsatisfactory for the party.

The government plans to develop a new methodology for distributing the tax burden on different industries depending on the share of added value, said Deputy Prime Minister Dmitry Kozak. “To carry out structural reforms in our economy, a differentiated approach is needed in terms of the tax burden for various sectors of the economy,” Kozak said (quotes from Interfax).

Russian Minister of Education Olga Vasilyeva spoke about plans to make the Unified State Exam (USE) in history mandatory, Interfax reports. However, Vasilyeva noted that a final decision on this issue has not yet been made. “Our English coincides with history. We understand that if we now introduce history into 2022, the country will, of course, be greatly strained. If we now superimpose one on top of the other... Therefore, let’s see how to provide for all this,” she explained.

October 29, 2018, 17:58 / Finance Banks owe the Central Bank almost 900 billion rubles Their debt on loans secured by non-marketable assets reached 864 billion rubles - this is a record since January 2017 Anna Tretyak Over the past month, a number of large banks from the top 15 have been experiencing a slight liquidity shortage, recalls Ivan Uklein / Maxim Stulov / Vedomosti, junior director for banking ratings at Expert RA.

October 29, 2018, 18:16 / Business Exclusively by subscription The government is ready to increase tariffs for the mileage of empty carriages But officials have not yet decided on the types of cars and the size of indexation Vladimir Shtanov An increase in tariffs for empty runs of gondola cars will primarily hit coal companies, noted one of Vedomosti’s sources / Sergey Porter / Vedomosti proposal Russian Railways' to change tariff schemes for empty carriages has attracted the government's

German Chancellor Angela Merkel has refused to seek re-election for the tenth time as chairman of the Christian Democratic Union (CDU). She stated this at a meeting of party leaders, Bild reports , citing several sources in the party. This information was confirmed by sources from DPA, Reuters, BBC and Bloomberg. According to the DPA agency, which cites sources in party circles, she wants to retain the post of chancellor.

A Lion Air passenger Boeing 737 Max 8 crashed on Monday, October 29, after taking off from Jakarta airport. As Bloomberg notes, this is the first plane crash involving an aircraft of this modification, which began regular flights only in May 2017. The plane disappeared from radar 13 minutes after takeoff at 6.20 local time (2.20 Moscow time), Reuters reports , citing Indonesia's search and rescue agency. It was operating a domestic flight from Jakarta to Pankal Pinang on Banka Island.

October 29, 2018, 18:43 / Business Belozerov ruled out an increase in cargo prices due to the Russian Railways export surcharge undefined Vedomosti Maintaining the export surcharge on freight railway tariffs will not provoke an increase in the cost of shippers' products, said Oleg Belozerov, general director of Russian Railways.

Retailer Lenta has launched a repurchase program for global depositary receipts ( GDRs ). This was said in a statement. The program limit is RUB 11.6 billion, which is equivalent to 10% of GDRs based on their market value as of the closing date of trading on October 26. The program starts on October 29 and will last a year - until October 29, 2019. Transactions under it will begin no later than November 5. will handle open market purchases on the London Stock Exchange Credit Suisse .

Alexander Polonsky has been appointed director of the banking supervision department of the Central Bank since October 29, the Central Bank reports . Previously, he served as deputy head of the monetary policy department.

A technical error in the databases prevented the State Traffic Safety Inspectorate from issuing more than 5 million fines over two years, Kommersant reported today. The problems with the operation of the Federal Information System (FIS) of the State Traffic Safety Inspectorate (GIBDD) were reported last week by the head of the State Traffic Safety Inspectorate, Mikhail Chernikov, at an all-Russian seminar-meeting in Sochi.

Leicester City Football Club have confirmed that their owner Vichai Srivaddhanaprabha has died in a helicopter crash. There were four other people on board, but there were no survivors, the statement said .

October 29, 2018, 20:47 / Economics The UK will be the first developed country to introduce a digital services tax undefined Vedomosti UK Chancellor of the Exchequer Philip Hammond announced on Monday that the country will introduce a sales tax on digital services in 2020. It will be the first among developed countries to impose a special tax on digital services sold by technology giants such as Alphabet, Facebook , Apple and others.

Apple has launched an investigation into Taiwanese contractor Quanta Computer for allegedly illegally using student labor to assemble the Apple Watch. this with reference to a company representative The Financial Times reports . The investigation began after Hong Kong human rights organization Sacom reported that an Apple contractor forced dozens of trainees to work at the company's facility in the Chinese city of Chongqing.

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