December 20, 2022 Ukraine and the World – Against russia’s Aggression. Sanctions in Action

12/20/2022
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Ministers of Energy of the European Union have agreed to set a price cap for gas at 180 euros per MWh. This is less than $ 2000 per thousand cubic meters. The gas market correction mechanism, designed to prevent extreme price fluctuations, will be applied from February 15.

Prime Minister of the United Kingdom Rishi Sunak has called for ignoring any calls of Moscow for a ceasefire until it leaves the occupied territories in Ukraine.

The United Kingdom has announced a new military support package for Ukraine for 2023, which will include, first of all, artillery ammunition. We are talking about a contract for £ 250 million.

The Canadian government intends to confiscate russian oligarch roman abramovich’ assets worth $26 million arrested under sanctions, and direct funds from their confiscation to help restore Ukraine.

Poland’s support for Ukrainians and Ukraine since the beginning of russia's full-scale invasion, according to preliminary estimates, is approximately $9 billion (40 billion zlotys), of which almost $2 billion is military assistance.

Lithuanian railway group Lietuvos geležinkeliai and the three largest cities of Lithuania are preparing to provide free transport services to refugees from Ukraine next year.

President of Finland Saule Niinistö criticized French counterpart Emmanuel Macron's statement about the need to talk to russia about “security guarantees” for it. A similar opinion was expressed by Lithuanian President Gitanas Nauseda, who argues that it is russia who should provide security guarantees to Ukraine, and not vice versa.

As of December, in Germany, as a result of the European Union's sanctions against russia, the assets of sanctioned persons totaling about five billion euros were frozen.

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Foreign companies that produced russian processors “elbrus”and “Baikal” refused to fulfill orders and supply already manufactured microcircuits. According to the ministry of digital transformation, only 15 thousand computers were assembled in the rf.

In russia, catering establishments are closing en masse: in the fourth quarter, by 25.7% more cafes and restaurants were closed than last year.

In November, 38% of small business owners surveyed by promsvyazbank and мagram мarket research reported a decrease in their revenue and predicted a decline in sales in the coming months. These are the worst expectations of small businesses since March 2022.

During the year, russians bought 2.3 times more real estate in other states, 75% purchased housing to move. For the most part, real estate is bought in Turkey and the UAE, in Germany they bought less by 27% compared to last year, in Latvia – by 23%.

During the year, moscow concluded half as many agreements on the lease of premises in large shopping centers. In the capital of the rf, 12% of the premises are vacant, and by the end of the year there will be 16-17%.

From January 1, 2023, the Chinese company Huawei Electronics is closing its Business Group Enterprise division in moscow, which was engaged in corporate sales of data storage systems and telecommunications equipment. Huawei made this decision due to the risks of secondary sanctions, since the equipment can be used in the public sector of the rf. Almost two thousand russians are offered to move to the CIS countries or quit.

From January 1, 2023, the cost of a technical inspection of a car will increase by an average of 57%. In some regions, the cost of the inspection has already increased by two to three times, in particular in orel and omsk regions, as well as in hakasia.

In the 2023 budget, the government of the rf has planned 10 billion rubles for the state programs for fighting diabetes. Experts say that providing children with continuous glucose monitoring systems alone will need 7.5 billion roubles, while all measures of the program require more than 238 billion rubles. In russia, 5 million people are officially diabetic patients.

The ban on civil aviation flights to 11 southern and central airports has been extended until December 27.

The weekly macroeconomic review of the Eurasian Bank of Development reports that, under the conditions of uncertainty, investments in the belarusian economy decreased by 25.3%compared as compared to last year.