Russia’s position in the Global Innovation Index rating has worsened, new excise taxes proposed by the State Duma threaten to increase wine prices, but trade turnover with African countries is growing and Sber occupies leading positions in ratings that evaluate the strength and value of brands. We continue to follow the news about economics and entrepreneurship in Russia and the world.

The volume of business between Russia and Africa, the drop in the innovation index of the Russian Federation, the strength of the Sber brand: the main thing for business on September 30

  • The volume of trade between Russia and Africa in eight months of 2023 increased by 43.5% compared to the same period in 2022 and amounted to $15.5 billion. The leaders of trade with the Russian Federation were Egypt, Algeria, Morocco, Tunisia and Libya.
  • Chief Economist of VEB. RF Andrei Klepach expressed the opinion that until the end of 2023 the key interest rate of the Central Bank will no longer change.
  • The price of Brent oil increased by 23.1% in the quarter, the cost of WTI by 28.5%, the average increase in the US and the EU was 25.8%, while the cost of futures of these brands is falling.
  • Roskomnadzor announced a tender to improve Internet monitoring systems (“Kommersant”).
  • In the ranking of the Global Innovation Index of the World Intellectual Property Organization (WIPO) for 2023, Russia fell four positions, taking 51st place out of 132.
  • If the amendments to the Tax Code submitted by the government to the State Duma on September 29 are approved, excise taxes on wine will increase in 2024 to 108-141 rubles. per 1 liter (three times), which will cause an increase in prices for inexpensive imported goods by 25% or more (“Kommersant”).
  • The French prosecutor’s office is checking the transactions of the director of LVMH, Bernard Arnault, with the Russian billionaire, co-owner of the RESO-Garantia company, Nikolai Sarkisov.
  • Sber took first place in the European pan-bank ranking Brand Finance Europe 500 – 2023, which calculates an indicator of brand strength.
  • It is planned to allocate 15.09 billion rubles from the budget to finance the activities of the State Duma in 2024, 15.1 billion rubles in 2025 and 16.5 billion rubles in 2026. It is planned to spend 7.8 billion million rubles in the year 2024 in the Federation Council and in the election year 2026, 28 billion rubles in the activities of the Central Election Commission.
  • NASA, due to an engine upgrade, postponed the launch of the Psyche automated interplanetary station to study asteroid 16 Psyche until October 12. The agency also announced that it will launch Cargo Dragon to the ISS on November 1.
  • Volkswagen abandoned a plan to launch a $2.1 billion dedicated electric vehicle plant in Wolfsburg and instead the automaker modified existing plants.
  • One of the world’s leading game developers, Epic Games, has announced plans to lay off 16% of its workforce (about 870 employees) and sell the music platform Bandcamp, which it bought last year.
  • Elon Musk in his story called traditional media “a waste of time and a generator of boredom,” stating that “newspapers simply report what they read in X yesterday.”

Author:

Ekaterina Alipova

Source: RB

Previous article5 functions and new features that iPhone 15 has but not on older iPhones
Next articleThe 10 most important news of the week (25/09 – 29/09)
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here