Tuesday, May 5, 2026

The expert urged Russians to austerity due to the difficult situation in the world

The expert urged Russians to austerity due to the difficult situation in the world
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The expert did not recommend the Russians to take out new loans

The Bank of Russia lowered the official rate of the dollar and the Euro

The Bank of Russia lowered the official rate of the dollar and the Euro
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The Euro dropped in price to 82.63 ruble, dollar – up to 76,41

Hours week: necessary, but destructive

Hours week: necessary, but destructive
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Economics, like nature, abhors a vacuum. And the devil, alas, is in the details. The President declared non-working days – Saturday 28 March to Sunday 5 April, and – with pay. Almost simultaneously with his decree from 25.03.2020 No. 206, a report of the Center for strategic research, based on a survey of 500 managers of micro, small, medium and large businesses. It turned out, 29% of employers moved employees to remote work for lower wages, cut staff. And 40% going to do this in the near future.

The estimated losses of the Russian banks from the holiday of credit due to coronavirus

The estimated losses of the Russian banks from the holiday of credit due to coronavirus
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Experts of the international rating Agency Moody's estimated losses incurred by banks in Russia for holiday of credit victims from the coronavirus a new type of citizens, as well as small and medium-sized businesses.