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Biden Says NS2 Sanctions "Counterproductive", Given Near Completion

RUSSIA

LOCAL NEWS

  • Biden says Nord Stream 2 sanctions would be counterproductive for relations with Europe, given the pipeline will be completed shortly.
    • Germany said yesterday that it would continue to discuss the issue with the US as Berlin has always been against extraterritorial sanctions
  • State Duma adopted in the first reading a bill to extend until 2025 the 50% limit on the transfer of income tax losses.
    • Allows companies to reduce the tax base for income tax on losses of previous periods, but not more than 50%
  • Govt submits bill to include a Covid jab to the national vaccination calendar, allowing the spending of budget funds on vaccines to the tune of RUB 26.5bn in additional funding.
    • Health Ministry will adjust its 2023-2024 budget to reflect this request
  • EU members expand sanction against Belarus, adding new members to the blacklist according to Germany's Merkel.
    • Calls for immediate release of detainees and international aviation organization investigation into the Ryanair incident
  • Criminal case launched against Navalny over charges of insulting a judge, but he has not been indicted yet with no specifics reaching the media yet
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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