The Italian wine house Antinori has suspended deliveries to Russia, Russian shopping malls are suing Inditex brands en masse, UnionPay has limited the acceptance of its cards in Russia and other news from September 2, in the RB roundup. UK.
Russia
- The Ministry of Digital Development proposes to reduce budget allocations in 2022 by more than 7 billion rubles due to the impossibility of purchasing components for transferring authorities to smartphones with a Russian operating system and applications developed for it.
- The Ministry of Agriculture is considering the possibility of banning the import of vegetable fats from the EU used by pastry chefs as a counter sanction. Market participants warn that the embargo will hit big candy makers, including Ferrero and United Confectioners, which make Alenka and Vdohnovenie chocolates.
Business
- Yandex asked AvtoVAZ to supply cars for taxis. Yandex needs 50,000 cars a year to update its fleet. The company fears that in a year there may be a shortage of cars.
- The Italian wine house Antinori has suspended deliveries to Russia. There are two reasons: Antinori’s unwillingness to work with the Russian Federation “due to the geopolitical crisis”, the complication of relations with the distributor MBG Wine, or the parties had disagreements on the terms of cooperation.
- Russian malls are filing massive lawsuits against Inditex brands: Zara, Pull & Bear, Massimo Dutti, Bershka and others. A total of 32 cases have been opened, among the most expensive is a lawsuit filed by the Samara Kosmoport shopping center against Zara for 512 million rubles. The shopping center decided to collect debts and fines from the group and break relations with it to rent the stores to other tenants.
Finance
- UnionPay has limited the acceptance in Russia of its cards issued abroad. This decision is related to the fear of secondary sanctions.
- Russians’ foreign currency accounts are actually being converted into rubles, said Dmitry Tulin, deputy chairman of the Central Bank. According to him, banks calmly fulfill their obligations on foreign currency accounts with payments in rubles, but the same operations in “toxic currencies” are becoming more and more problematic.
Author:
RB team
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
