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RUSSIA

June 28th. The main thing in a minute: default, sentence – and five signs that “Russia is not sinking” 06/28/2022

Sugar Mizzy June 28, 2022

🔹 The international rating agency Moody’s regarded the failure of the holders of Russian sovereign debt to receive coupon payments for 100 million on the issue of Eurobonds as a default. We are talking about payments on the bonds “Russia-2026” and “Russia-2036”. Experts such a default position (payments were made, but did not get to know the fault of foreign intermediaries) and talk about how this situation could threaten Russia.

🔹 G7 leaders agreed to coordinate sanctions against Russia as much as possible. Thus, they demand to consider options for “a possible global ban on all services, increasing the transportation of Russian oil products by sea around the world, unless oil must be purchased at a price that must be agreed upon in consultation with a benefit or lower.”

🔹 The United States has expanded anti-Russian sanctions: in particular, a ban on the import of gold from the Russian Federation has been introduced. The new sanctions package also includes other measures: under restrictions, for example, by the Rostec Corporation and other companies, including KamAZ.

🔹 Reuters has named five signs that Russia is not sinking yet, including the opinion of the ruble. The Russian currency has strengthened today as it approaches the dollar and the euro to the maximum level along the nearest border since 2015: the trade capture dollar is below 52 rubles, the euro is below 55 rubles.

🔹 Social engineering methods underlie the new fraud scenario that VTB experts have identified. Attackers disguised as employees of mobile operators call customers in banks, fraudulently import them to SIM cards that allow fraudsters to gain access to online banking.

🔹At the end of April 2022, Russian banks account for a record amount of funds in correspondent accounts with other financial institutions – 7.2 trillion rubles, with most of the money in accounts with foreign banks. this was a rising foreign trade surplus on the back of a surge in exports and a decline in imports.

🔹 The Bank of Russia announced the presentation of a modernized 100-ruble banknote. The new design was developed in 2021. When designing banknotes, objects located in the Central Federal District of the Russian Federation are presented, in particular, symbols of Moscow: Red Square, Zaryadye Park, Shukhov Tower, the main building of Moscow State University.

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