Papa John’s May, Cuban banks began accepting Mir cards: the main thing March 14

Economy

• Entrepreneurs from 14 to 25 years old will again be able to receive a grant of up to 1 million rubles, according to the new draft order of the Ministry of Economy. Previously, it was possible to use state support once, now it will be allowed once every three years, Izvestia reported.

Finance

• The Moscow Stock Exchange, the Bank of Russia and market participants are discussing additional measures to counter abnormal price movements of third-tier shares.
• Business incubator Y Combinator will reduce staff and investment in late-stage startups by 20%. The accelerator stressed that the decision had nothing to do with the bankruptcy of Silicon Valley Bank, whose clients were 30% of YC startups.
• Havana banks began to accept cards from the Mir payment system. The emblem of the Russian payment system is displayed on the ATM screen, TASS reports.

Business

• The Papa John`s pizzeria network can continue to operate in Russia independently. The gap with the structure of the head, they fear, may lead to a decrease in quality, Kommersant reported.

telecommunications

• After the start of the special operation in Ukraine, Russian businessmen paid for the services of domestic cloud providers 87% more often than in 2021, Kommersant found.
• A number of manufacturers and sellers of household appliances say that over the past year in the Russian Federation the number of requests for equipment warranty has increased, Kommersant reported. According to market participants, this is due to the outflow of high-quality foreign brands and the growth in sales of domestic and Chinese products.