November 10, 2022 Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The European Commission has proposed an unprecedented support package in the form of soft loans for Ukraine in the amount of up to 18 billion euros for 2023.

US President Joe Biden expects that after the midterm elections, regardless of the outcome, the aid to Ukraine will continue without interruption.

Ireland supports Ukraine’s earliest possible accession to the European Union.

The USA and its allies are discussing the issue of helping Ukraine with energy resources after russia's massive shelling of infrastructure.

Finland has provided seven million euros to support the supply of grain, in particular from Ukraine, to the countries of the so-called Horn of Africa through the mediation of the UN World Food Program.

By mid-December, the United Kingdom is set to deliver more than 25,000 sets of extreme cold weather clothing, ensuring troops are able to operate and survive the plunging temperatures in Ukraine. “We must continue to support the Ukrainian people in their resistance to putin's cruelty. I am glad that the uniforms donated by Britain will provide warmth and safety to Ukrainian servicemen facing a perilous winter fighting for their country”, said Prime Minister of the United Kingdom Rishi Sunak.

“We are very proud to host the NATO summit in Vilnius, which, we hope, will be a victory celebration for Ukraine”, said Minister of Foreign Affairs of Lithuania Gabrielus Landsbergis. NATO Secretary General Jens Stoltenberg announced that the next meeting of the leaders of the Alliance states will take place in Vilnius on July 11-12, 2023.

The United Kingdom has provided Ukraine with about a thousand additional surface-to-air missiles to protect infrastructure facilities from russian attacks.

Spain will train Ukrainian snipers at its military base.

Minister of Foreign Affairs of Luxembourg Jean Asselborn has reported that the total amount of russian assets blocked in the country as a result of EU sanctions is 5.5 billion euros.

rf

Despite the demands of the authorities of the rf “for the purpose of national security” to switch to russian software, in particular to integrate computers with the Linux operating system into the country's infrastructure, russians continue to use higher-quality foreign software. According to Peer Trace, a distributor of download data, up to 185,000 downloads of pirated copies of Windows and Microsoft Office are registered in the rf every day.

After 11 major fitness equipment suppliers, including Life Fitness, Cybex, Hammer Strength, Precor and Panatta, left the russian market, 75% of russian fitness clubs experienced a shortage of components and spare parts. As for the premium equipment, which they try to supply to the rf through intermediaries “under parallel import”, it has become more expensive by 30-40%, while the equipment from China and South Korea is mostly economy-class, but not suitable for all club customers.

According to the analytical company rnc pharma, 80-85% of russian medicines are made from imported substances, and due to international sanctions, the volumes and terms of their supply do not meet the needs of the country. Even traditional partners from India have to supply products to the rf through third countries, which increases their cost.

The central bank of the rf has stated that after the start of the mobilization, the demand for cash increased, the population withdrew up to 1 trillion rubles of their bank deposits. Also, due to the general russian crisis, the tough policy of banks against the background of mobilization and uncertainty about their future, russians began to take loans less. As of November 1, banks issued 8.16 trillion rubles in loans, which is by 29% less compared to last year.

The export of steel and iron ores is unprofitable for almost all russian metallurgical companies and they survive only at the expense of domestic demand, – believe analysts of the investment bank BCS Global Markets (BCS GM).

In the conditions of the forced reorientation of the supply of russian urals oil from the European market to the Asian market, with exports of up to 2.5 million barrels per day at current dumping discounts, the losses of russian oil companies will amount to $18 billion per year.

According to rostelecom's forecast, 45 pay TV channels will be closed in russia by the end of 2022. In 10 months, foreign television content in the rf has already decreased by 50%.

The ministry of economic development hopes that inflation in the rf will be 12-12.4% at the end of 2022, said head of the department reshetnikov.

The volume of gas supplies from russia to Italy decreased to 7 billion cubic meters per year, – said Eni CEO Claudio Descalzi. In 2021, Italy imported 30 billion cubic meters of russian gas.

The American company WorkFusion, which is engaged in the development of technologies for automating business processes, has left PTV (belarusian high technology park) and is liquidating its branch WorkFusion Systems in belarus. Its total capital in 2021 was estimated at more than one billion dollars.

President of the World Boxing Council (WBC) Mauricio Sulaimán announced the exclusion of russian and belarusian athletes from the Organization's ratings. He also emphasized that the organization will not sanction fights in those two countries. None of their citizens will be able to compete for the WBC champion title.