Europe is parting ways with the Georgian Dream – Newspaper Kommersant No. 147 (7348) of 15.08.2022

After many years of rapprochement with Georgia, the EU leadership has made a dramatic reversal. On the eve of the meeting of the EU-Georgia Association Council scheduled for September 6, the head of European diplomacy, Josep Borrell, questioned the granting of Tbilisi the status of an EU candidate member, which Ukraine and Moldova received in … Read more

The Federal Air Transport Agency extended the ban on flights to 11 airports in the country due to the military operation in Ukraine

The air travel restriction regime at 11 airports in the south and in the central part of Russia has been extended until July 30. The decision to extend the restrictions was made by the Federal Air Transport Agency. Flights are limited to the airports of Anapa, Belgorod, Bryansk, Voronezh, Gelendzhik, Krasnodar, Kursk, Lipetsk, Rostov-on-Don, Simferopol … Read more

Mortgage crisis smells in China – Mir – Kommersant

Quotes of Chinese developers fell by 7-8% after reports of massive non-payment of borrowers. On the eve it became known that homebuyers at about 100 properties in more than 50 cities across the country refused to pay loans. Most of the non-payments are due to projects that are not completed due to defaults of developers … Read more

Cisco stock plunged 14% on supply issues

American network equipment supplier Cisco declared, which is experiencing serious problems with the supply of components, and lowered its profit forecast for the 2022 financial year. After that, the corporation’s shares sank on the Nasdaq by about 14%. The company’s revenue for the third quarter of fiscal 2022 amounted to $12.83 billion – the same … Read more

LUKOIL is waiting for a shift – Newspaper Kommersant No. 71 (7272) dated 04/22/2022

The founder and largest shareholder of LUKOIL, Vagit Alekperov, who headed the company for almost 30 years, is leaving his post due to UK sanctions imposed against him. At the same time, LUKOIL became one of the few large Russian companies whose board of directors openly opposed military operations in Ukraine. After the departure of … Read more

40 people injured during protests over Koran burning in Sweden

As a result of protests over the weekend in southern Sweden, 40 people were injured, 14 of them were protesters, 26 were policemen. The protests began in response to the actions of the Danish-Swedish right-wing politician Rasmus Paludan, who on April 14 burned several copies of the Koran, protesting against the arrival of Muslims in … Read more