The participants in the grain agreement resumed negotiations, the Ministry of Economy is finalizing a bill to regulate the operation of guest houses, the Ministry of Transport proposes to give airlines access to foreign flights only if certain conditions are met , Nintendo intends to maintain a minimal presence in Russia until the end of 2025, and Binance is suspected of helping Russian crypto investors circumvent sanctions. RB continues to follow the key events in the world of entrepreneurship and finance.

Overseas Flight Restrictions, Grain Deals, Nintendo and Binance Loyalty: Essential for Business May 6

  • The Central Bank of the Russian Federation excluded from the state register of microfinance organizations information about the top 5 player in the segment, MCC Cyberlanding LLC, due to reporting violations.
  • The European Commission is considering ways to restrict the export of goods to third countries as part of the fight against sanctions circumvention against Russia (DPA).
  • The NSA’s director of research said US intelligence needs to use AI in its work to keep up with its foreign counterparts (Bloomberg).
  • The highest-paying openings in May are a technical director at an IT company and a gnathologist (a dentist specializing in the treatment of the temporomandibular joint).
  • Russian advertising and marketing associations, supported by specialized lawyers, call on deputies to mitigate liability for violating rules for labeling online advertising and delay imposing sanctions until 2024.
  • Russian Railways has frozen fares for travel in one compartment to Adler, Anapa, Kislovodsk, Minvody and Novorossiysk for the May holidays, which will allow passengers to save up to 12% of the budget.
  • A wholesale distribution center with a capacity of more than 30 thousand tons was opened in Primorye. More than 1.3 billion rubles were invested in the implementation of the project.
  • The developers of a chatbot for the hearing impaired with an animated avatar, which provides advice on banking products in Russian sign language, said that their product was launched by VTB Bank (TASS).
  • The participants in the grain agreement resumed negotiations and, although the main meeting was postponed, preliminary technical negotiations took place: the Russian Federation demands the removal of restrictions on financial support of Russian supplies (the return of RSHB to the system SWIFT).
  • The Ministry of Transport proposes not to give airlines access to foreign flights if the proportion of their flights within Russia during the month was less than 70%.
  • In Finland, industrial and household waste from Italy has become an alternative to Russian fuel.
  • The Japanese company Nintendo intends to maintain a minimal presence in Russia until the end of 2025 (TASS).
  • The Ministry of Economy is finalizing a bill on the regulation of the work of guest houses (10% of the accommodation market): the allocation of unique rooms for booking will become the norm and a minimum set of requirements will be introduced for the objects.
  • Former Vice President of VIM-Avia Alevtina Kalashnikova appeared in absentia before a court in Russia for abuse of power, transferring currency to non-residents of the Russian Federation using forged documents and illegally obtaining a loan.
  • The US Department of Justice has launched an investigation against cryptocurrency exchange Binance on suspicion of circumventing sanctions and aiding Russian crypto investors (Bloomberg).
  • Russian striker “Washington” Alexander Ovechkin’s sweater is the best-seller in the NHL for the second year in a row.

Author:

Ekaterina Alipova

Source: RB

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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.

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