In Russia, demand for rural real estate is growing, Chinese brands of commercial vehicles, cash, in the United States they threaten the Raiffeisen bank with sanctions and test a private hypersonic plane, in Europe and the world wine producers are having difficulties in business, and RB continues to follow all the most interesting things in the world of entrepreneurship and finance.
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- The US Treasury warned the Raiffeisen bank of possible sanctions for continuing to operate in the Russian Federation (EUObserver).
- In 2023, Russians withdrew 33.3 trillion rubles from bank cards – this is a record for the past 10 years (but the volume of transfers during this time has decreased).
- In February in Russia, when paying in cash, users sold dollars and euros in cash more often than they bought, and when paying without cash, on the contrary, they bought in foreign (“Russian standard”) currency.
- The repayment period for loans for equipment, appliances and furniture has doubled (up to 21 months) in the last six months.
- Against a backdrop of falling demand for foreign real estate, Russians’ interest in country houses increased by 68% compared to last year.
- In 2023, Russian winemakers increased production by 0.2% to 490 million liters, a record since 2016 (then the volume reached 517 million liters).
- This comes against the backdrop of a decline in wine production in Europe: 15.7 billion liters in 2023 versus 16.9 billion liters in 2022, the lowest since 2017 (International Vine and Wine Organization Came).
- An oversupply of wine on the world market is forcing even farmers to close their businesses and destroy their vineyards (Bloomberg).
- Russian demand for new commercial vehicles of Chinese brands doubled in 2023: it accounted for 70% of sales (VSK group of companies and AvtoSpetsTsentr).
- The American private company Stratolaunch tested the Talon-A hypersonic aircraft, which successfully gained altitude, reached a speed of 6.1 thousand km/h and successfully landed.
- Australian actress Cate Blanchett has been hired as creative director of Japanese sake maker Toku Sake.
- After EU regulators announced an investigation in response to Epic Games’ App Store account deletion on iOS in Europe, Apple has changed its mind and Fortnite will be available again (CNN).
Author:
Ekaterina Alipova
Source: RB
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.