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CHINA RATES

China Repo Rates Diverge on Thursday

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LOCAL NEWS
  • Upper House approves 5-year election ban on those linked with extremism with 146 senators approving the bill, one against and one abstaining. This directly affects Navalny's organization which has been classified as an extremist organisations and will be prohibited from participating in State Duma elections. Bill now moves to Putin for signing – Moscow Times
  • Deputy Chief of Staff Kozak says recent conflict escalation in the Donbass was artificial and related to Ukraine's attempts to link political issues to ceasefire, with shelling initiated from Kiev-controlled areas. Says Ukraine may have deliberately aggravated the situation to try to gain approval to reform the Normandy Four group to lure the UK & US in and get nationalist support in a time of diminishing approval. Says Russia is seeking maximum openness in the Donbass – TASS
  • Court dismisses Navalny's lawsuit on him being considered a flight risk at Penal Colony 2, with two conditions for flight risk not being met - TASS
  • * HealthMin says restriction will be eased when 60% of the population (~69m people) is vaccinated and herd immunity is achieved – expected by September 2021 - Tass

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