without Russia McDonalds, Gett, but with another anti-record. The main news of the conference for the day.
- Anastasia Stogney
- BBC
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Russia’s invasion of Ukraine is one of the worst economic crises in modern Russian history. The Russian service of the BBC talks about the main economic events of the day.
Russia without Ronald
The American chain McDonald’s, which “suspended” work on the Russian market after it was resolved, is finally leaving it. There was little doubt that this would be the end of it all. Although the company called the suspension “temporary”, the brand’s symbolism immediately disappeared even from the textbook “McDonald’s” on Pushkinskaya, which opened under Gorbachev.
The company says it still pays all 62,000 employees. She will be the consumer and the buyer of the same – still unknown. In March, McDonald’s estimated that support and growth in the number of employees (what exactly it consists of is unknown) will be calculated up to $ 50 million a month.
The network earns under the new brand is already delighted, anonymous sources assure TASS and RBC. However, some of the “McDonald’s” from Russia did not leave: dozens continued to work, mainly at airports and in the field. These are all franchises, not original restaurants. Among their owners is the “daughter” of “Rosinter” (the Russians remember him by the “Rostik ss” that became from one symbol of the zero).
Gett won’t come no more
And even less brand: from 31 Russia, Gett, the taxi call service “with root energy” will stop working:
About wrestling gett informs The Bell, citing a letter from the company to taxi companies. This parting will be sensitive, but not too dramatic for side effects. In Russia on Gett used about 4-5% of the taxi market, this share has been declining recently. At the company itself to Russia – 14% of revenue
The Central Bank allows withdrawing large amounts of money for processing
Good news from the regulator: taking into account Monday, both residents and non-residents (but only from friendly countries) can transfer up to 50 thousand dollars a month from Russian to foreign accounts. The previous limit – the Central Bank set it on March 10 – was 10 thousand dollars.
But it’s one thing to withdraw money from Russia, another thing is to deposit it into a bank account abroad. This is expected, especially when it comes to the EU. Optional formal restrictions – more objects should be kept, rather large amounts on deposits – against Russians, working and informal. The Russian service of the BBC spoke in detail about them here.
Wagons for messages
The volume of Russian national wealth (NWF) in April is controlled by 2 trillion rubles (15%), the Finance Ministry said. What is it like economy BCS, another anti-record of the Russian economy: the NWF has never decreased by such a value in one month.
But the Russians are very worried about this is not worth it. First, 11 trillion rubles remained in the National Welfare Fund. Secondly, the “live” money from it was already spent very sparingly. In the end, the current aggravation is in many currency revaluations of the fund’s assets: a significant part of them is placed in a currency against which the ruble has greatly strengthened.
But there were also spending money from the NWF. For example, about 300 million donations for the purchase of cars for this Moscow metro were withdrawn from deposits at VEB radially ahead of schedule.