come 41% of remittances for the first quarter of this year along the route russia kazakhstan writes rbc followed almost 34 billion tenge. if translated, then approximately 76.5 million dollars. this amount is 300% or four times more than in the first quarter of last year; in general, for the entire 2022, a record amount was sent from russia to kazakhstan since the fourteenth year. that is, for the entire time of available statistics, the data of the national bank of kazakhstan take into account transfers through the zolotaya korona system contact unistream previously rbc wrote that they rose to record levels money transfers from russia not only to kazakhstan but also georgia uzbekistan armenia kyrgyzstan and the past expert named several reasons for the relocation of russians, the fact that they opened cards abroad not in russia of visa and mastercard systems, as well as the growing popularity of such services as the purchase of goods not available in russia because of the sanctions , the finnish energy concern fortum stated that it categorically objected to the transfer of its russian

thank you i very much. janet mui from rbc very much. janet mui from rbc brewin dolphin.k, this is bbc news. the brownlee name has long been associated with athletic excellence. brothersjohnny and alistair dominated the sport for years, memorably crossing the line in first and second place at the rio olympics in 2016. and nine years ago, they set up their foundation to give children a first experience of the sport they love. a triathlon can be an expensive sport to get into if you want to do it competitively at the top level. but these brownlee foundation events, it's not about that. it's about children doing a triathlon, doing an event, achieving something that they never thought they could achieve and it can be free. so there is no barrier to entry to that. schools are invited to events at sport centres across the country where children get the mini triathlon experience. 50,000 children have now come through the program. it's been fun, activities with my school and my friends and i really enjoyed it. i feel like i've done hard work and it feels good. i you're live with

himself as a russian patriot and nationalist, namely , nikitin, together with other soldiers of the rbcthe beginning in march, he entered the territory of the bryansk region, then a russian volunteer was raided for propaganda purposes, but there is no accurate information about the leadership of the legion of freedom of russia . she is represented in the media by a russian man with the call sign caesar. in an interview with radio freedom, he said that he is 50 years old and comes from st. petersburg a teacher, but worked as a trainer for the legion all his life, joined the legion at the beginning of last summer, the main goal of the activity , the fighters say, is the liberation of russia from putin's regime daria kincha social news representative of the main intelligence agency of ukraine, andrey yusev, in a public comment, called the events in the belgorod region an internal russian conflict between the structures that took responsibility for the attacks, i.e., the russian freedom legion and the russian volunteer corps, which consist of russian citizens who defend russia from the puti

we are speaking with lori calvasina rbc capital markets managing director and head of u.s.quity strategy does it? >> well with the investors that we are talking with they have been negative on this and the debt ceiling has been one of the things that spread the negativity . -- if people the spread as risk off the table. it will hedge the pessimism that the non-us hedge fund -- crowd has had. it removes a pressure point. guy: it is great to see you if we break out do you chase it? >> some of my models pointed to the upside around 4300 on the s and d. i can get there from the valuation inspected and sentiment models. but in general i feel good about the base case, not to say that we cannot overshoot it a little bit in the short-term, but in general multiples are about where they deserve to be there is uncertainty -- deserve to be. there is uncertainty in that outlook but there are questions that investors have about financials in particular. to answer the question it is depending on your time horizon. long-term it feels like the trade has run out of catalysts. i would answer

nine and eight tenths of the population are considered to be such in russia as more precisely from rbc this is the lowest indicator in the entire history of the country, rosstat cites data from the ninety-second year back in march, rosstat estimated the share of the poor in russia at 10.5%. revision of the assessment. he himself explains the new data on social programs for retail trade, catering, new banking, statistics and additional information from administrative sources to the poor at the end of last year, official statistics attributed all russians with an income of less than 13,000-545 rubles. per month. this value is called the border, in order to calculate it , the power looks like it was imitated by the consumer compared to the fourth quarter of 2020, alexander safonov, a professor at the financial university under the government, tells rbc that the decrease in the proportion of the poor was also affected by an increase in social payments and indexation of pensions and an increase in nominal incomes of the population, but also by the increased mortality of pensioners during a

transfers come from russia for the first quarter of this year along the route russia kazakhstan writes rbc flowed. if we translate, then about $76.5 million and this amount is four times more than in the first quarter of last year for the entire last year , a record amount since 2014 was sent from russia to kazakhstan. that is, for the entire time of available statistics, the data of the national bank of kazakhstan take into account transfers through the zolotaya korona system contact unistream previously rbc wrote that money transfers from russia not only to kazakhstan but also to georgia uzbekistan armenia kyrgyzstan in the past, experts called several reasons in russia visa and mastercard as well as the growing popularity of services such as shopping. goods unavailable in russia due to sanctions the russian stock market starts on friday with growth oil ruble continues to grow. today, the dollar was already released, below 77, for the first time since march 31. analysts of the sberbank of investments explain it so probably. exporters sell currency before paying dividends, and the demand

in the twenty -second year, it fell to a new historical low and amounted to 9.8% of the population , rbcbout this, the previous estimate of the department in march 23 was 10.5%. number of poor in since 1992, the poverty line has never been lowered below 10% for russia; according to the results of the 22nd year, it has not been revised. it remained at the level of 13.545 rubles. as explained in rosstat, it was possible to reduce the differentiation of the population by income level thanks to targeted support for less well-off groups of the population, a professor at the financial university under the government , alexander safonov, says to rbc, the statistics were also affected by an increase in social benefits and indexation of pensions and an increase in nominal incomes of the population, but also increased mortality pensioners during the pandemic, because among them the proportion of the poor is especially high. world oil prices fell by $4 the day before and today attempts to recover are weak fears of investors formed from poor statistics on the chinese economy and the expectation that

in early may, three russian banks at once worsened mortgage conditions, rbc writes, moscow credit bankased the rate on new buildings by 0.8% points, and on the secondary housing , rates on loans for new buildings and finished housing also increased at sovcombank by 0.55% points and the bank of st. petersburg raised rates on preferential mortgages, and the last rbc experts attribute this with the fact that the central bank is tightening market regulation , for example, from may 30, banks must form increased reserves for mortgage loans if the rate on them is much lower than the average market values ​​the central bank is struggling with the so-called mortgage from the developer, when the rate may be less than a percentage the cost of apartments on such a mortgage is overstated by 20-30%, which means that this threatens the borrower with problems. if he then decides to sell this apartment, no one will offer such a price on the secondary market. according to the compare ru service, by raising rates, banks began to play it safe, so as not to lose profitability. the us federal reserve for th

poor people at the end of last year, 9.8% of the population are considered to be such in russia, as rbca at 10.5% revised estimate. he himself now explains the new data on social programs for retail and catering with new banking, statistics and additional information from administrative sources to the poor according to the results of last year , official statistics included all russians whose income is less than 13,000,545 rubles. per month. this value is called the poverty line, in order to calculate it, the authorities are looking at how the consumer basket has risen in price compared to the fourth quarter of the twentieth year, professor of the financial university under the government alexander safonov says rbc says the decrease in the proportion of the poor was also affected by an increase in social payments and indexation of pensions and an increase in nominal incomes of the population but also increased mortality. pensioners during the pandemic, because among them the proportion of the poor is especially high. world oil prices fell by 4 dollars the day before and today they are l

the prospects less bright than what they had been, according to rbc.ll seeing an upside, but less pronounced. we are also looking at chemical makers hitting 52-we close. this is tying into recession concerns across europe. and number of chemicals firms. it comes with remy cointreau, this is an individual story when it comes to a downgrade. and 2.7%. you have chemical makers in central europe -- this country -- this company is going through a repricing. the telecoms giant looks to its spanish and german operations. it is a check on the individual stories at around 4:26 here in the u.k. stay with us. this is bloomberg. ♪ or filing returns. avalarahhh ahhh these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and night streaming. more speed you need when you're work from homeing. and more speed you need as your family keeps growing. check in on

the rbc note says they may opt for a mean -- lean cut. with to, what you have got is a real response. and the aussie with a high pr response on the back of the chinese data tanking for the second month. and consistent concerns around chinese demand and that one-like it stool -- one-like it -- >> we will talk china pmi's with james mayger in beijing. stephen engle is here to talk about his exclusive jamie dimon interview. and it wouldn't be the start of a 6:00 a.m. show if we didn't have him filling us in of the debt ceiling vote today. manus: something everybody can vote for according to mccarthy. but china's manufacturing contracted for a second straight month in may, providing more evidence of a lackluster post-covid recovery in the second largest economy. let's bring in our greater economy china editor. i was drawn to that note from the bloomberg team, a one-legged recovery. >> it's really looking much worse than people had hoped for at the start of this year when china came out of covid zero and everyone was expecting there would be t

the underpriced risk is resolution, according to rbc. a quick snapshot of what is going on.'ve got a gold supply issue, not a demand issue. the aussie dollar is down, unemployment is rising. dani: running through equity markets, pretty positive here, especially when it comes to japan, set for another multi-decade high. warren buffett likes it. the more important question this morning, you know it is my birthday this weekend. what luxury goods did you buy me and what should i expect in the mail? manus: i'm not very good with online. an absolute haven of louis vuitton, an entire luxury avenue. dani: next time you are there pick me up some loafers as a birthday present. meanwhile, we are almost done we see luxury goods earnings. they have been really strong and burberry will be one of the last to unveil earnings. analysts will be on the lookout for any signs of cooling appetite in china for after strong performances from rivals. let's bring in an investment director of luxury equities. after this you can give manus some advice as to what to buy me. just on that point about chin

frederique carrier, head of investment strategy at rbc wealth management.e're going to discuss walmart earnings. some concerns about the u.s. consumer seeping into these retail sector results. this is bloomberg. ♪ i need it cool at night. you trying to ice me out of the bed? baby, only on game nights. you know you are retired right? am i? ya! save 50% on the sleep number limited edition smart bed. plus, special financing. only at sleep number. manus: let's get across to adrian wong in hong kong with your first word news. adrian: u.k. is committing a billion pounds to boosting its domestic chip industry over the next decade, focusing on research and design. the investment is a fraction of what other governments have pledged as they look to reduce reliance on asia. the u.s. and eu plan to spend more than $90 billion on the sector. japan inflation has re-accelerated, with cpi excluding fresh fruit hitting 3.4% in the year to asia. underlying prices rose at their fastest pace since 1981. the data is likely to move the boj closer to policy normalization. sam zel

rbc presents a profitable loan with the lowest rate over the past 10 years from 4% per annum apply for a loan at sberbank and get a monthly cashback. obviously profitable is in the initial stage, something big pluses. on the russia channel, this is very trouble for us. i am sitting with you. i'm just fine with a friend. capital region we continue to release see below. the elusive chairman and empty accounts, we found that there was practically no money, residents of strogino found out that payments for overhaul disappeared rusfond announced a fundraiser for a fourteen-year-old bath, chained to a wheelchair after an accident merchant ashes. what remains of the cultural heritage sites of federal significance in dmitriev near moscow, one after another, say the oldest wooden houses, the green marathon festival for lovers, running and the long-awaited night, museums, how to spend the weekend with benefit. what do they say about the weather? today and tomorrow the central section of the serpukhovskaya timiryazevskaya line is closed for repairs. metro train traffic no from savelovskaya statio

be mcilroys first event since his exit at the masters, which was followed by his withdrawl from the rbconth for his mental and emotional wellbeing. he tees off alongside matt fitzpatrick and jason day at 7:31am local time. it's nice to come back to a place where you have a lot of great memories. the last memories of being here, winning a tournament. this is where i launched my career, one of the first events. a lot has happened since then, i always, the community here will always have a special place in my heart. there was a big win for the boston celtics on wednesday night — they thrashed the philadelphia 76ers 121—87 to level the eastern conference semi—final at one game apiece. jaylen brown scored 25 points and malcolm brogdon 23 from the bench, including six three—pointers, for the celtics. spoiling the sixers centre joel embiid's big return — the nba's most valuable player — was back from injury after two weeks out. so, all eyes turn to the third game of the seven—game series, which takes place in philadelphia on friday. tough environment in philadelphia, a hostile environment, but

let's speak now to janet mui, head of market analysis at rbc brewin dolphin.res, most other countries would love to have these figures, but it is a slow down when we talk about china?— but it is a slow down when we talk about china? thanks for having me. peole are about china? thanks for having me. people are worried _ about china? thanks for having me. people are worried about _ about china? thanks for having me. people are worried about the - about china? thanks for having me. | people are worried about the figures because it shows a contraction in the month of april, and that means china is importing less from the rest of the world and is primarily driven by commodities like oil. the reason is because the domestic economy in terms of the manufacturing and investment sector is not recovering well, and what we are seeing in terms of recovery, domestic consumption, the services sector, which is less beneficial to other countries, and for the export side of things, it has slowed. it is still a positive growth figure but you compare it to a very weak number from

b of a hiking its earnings target rbc raising its year-end s&p target to 4250 from 4500 let's bring in mike santoli. a little chasing going on. >> there's no doubt there's chasing going on in the parts of the market that have been performing best. that's actual money chasing. here i think it's adjustment of sell side predictions that are really just allowing the first quarter earnings beats to run through their models and then the economy really not softening up as most had anticipated. even with this target raise that rbc, you know, more or less getting it to where the market is trading right now the median sell side target for the s&p 500, i believe, is still below 4,200, which is where the market is hovering at the moment it shows you that we've had this reservoir of kept skepticism citi is making this case that corporate earnings could be a bit more resilient, even to an economic slowdown than they had been in times past, whether because of inflation is still in the system and they're able to keep pricing or simply because of the mix of companies contributing the most to the earnin

facts, which all that does not exist, that i'm not in the public space , marko, our colleagues from rbc-ukraineon the sidelines of the last ramstein conference talked with two high-ranking american military personnel, colonel dale butler, the speaker of the joint chiefs of staff, and colonel martin he is the spokesman of the command of the us army in europe and africa, and it was about the upcoming counteroffensive, military aid to ukraine and western fighter jets. well, in general , the military of the russian federation will be surprised when the armed forces of ukraine put into operation the equipment that they received from their allies, the united states of course, they will support ukraine, regardless of the success or failure of counteroffensive actions, f16 are very expensive, but ukraine now needs more shells and, in particular, air defense is not everything can happen at the same time, this is up to what you already noted , and in general, they summarized that the allies in front of ukraine have about 600 types of weapons and ammunition . - to understand what we see publicly , does it

in early may, three russian banks at once worsened mortgage conditions , rbc writes, moscow credit bankldings by 0.8% points on the secondary housing by 0.55% of the point also rates on loans for new buildings finished housing increased at sovcombank and the bank of st. petersburg raised rates on subsidized mortgages. experts interviewed by rbc attribute all this to the fact that the central bank is tightening regulation, for example, from may 30, banks must form increased reserves for mortgage loans if the rate is much lower than the average market values . the central bank is struggling with the so-called mortgage developer, when the rate may be less than a percentage regulator believes that the cost of apartments under such a mortgage is overstated by 20-30%, so there are problems for the borrower. if he then decides to sell this apartment, because no one, of course, will offer him such a price in the secondary market. the ban on the board of absolut bank anton pavlov says raise rates probably had to those who are actively working with all the most mortgages from developers, but in g

gerard cassidy of rbc capital markets. it is about 11:00 a.m. there now.om: i can see him -- jonathan: i love the way the cfo responded to his questions yesterday. they said this about how clean the bank was. you get a very clean bank in the most clean way you can get it. it does not mean there is no risk, it just means they do not have those problems. referring to the problems of aaron and washington mutual in the day. tom: i like the sense somebody had, think of the silicon valley franchise overnight. years to build that out and instantly they get it. they go to the right club and they have the right lunch. i don't mean to be cynical. jonathan: you don't sound cynical. tom: get me some san francisco giants tickets now. jonathan: don't you want lakers tickets? basketball. we are not going to l.a.? go. go green. go wind turbines. go gorgeous reliable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp speed, to techno

this is about 7.5 years, and this is the maximum indicator for rbc for all the time of such statistics it is available from the eleventh year, but depending on the category of pension, the situation differs very much longer than others in retirement. those who receive it due to disability for almost 12 years work, those who have early labor and military pensions continue to work for another 7.5 years. here, of course, the fact that these categories of citizens retire earlier than the general established age affects. but the smallest post-retirement experience is for those who retired due to old age. on average, after the release, they work a little more than 2 years. this is 2.5 times less than in twentieth year. the russian stock market moved from a slight increase in the morning. now to decrease one of the most anticipated events. today is a meeting of the board of directors of gazprom with which news on the company's dividends may come dollars euros stopped growing american in these minutes 80-20, european, 86, 51. now these ominous inscriptions will be less common in votsap this me

decade in power were coalition governments in june 1996, an islamist from the welfare party netjmentin rbc becomes the prime minister, but a year later the military issued a memorandum that guaranteed compliance with the principles of the attack, primarily the secular nature of the state by suppressing the army, the rbakan was forced to sign it, the military did not dissolve the parliament, but after a while the rvakan. the islamic welfare party left his post and was dissolved later on its basis, the justice and development party was established, which since 2002 has played a leading role in turkish politics, its founder recep erdogan was prime minister three times and managed to cope with the 2016 military coup attempt. a year later, he held a referent on the country's transition to a presidential form of government. and was re-elected for a new term new rules. a couple of months ago, they looked at the motley opposition, some with irony, some with pity, it seemed that the motley set of erdogan's enemies would crumble as soon as you poke and suddenly the sharp intrigue of the opposition i

it never happened, tour operators told rbc about it. main reasons.xpensive air tickets in georgia and point out that vouchers with transfers are in great demand, for example, in minsk or yerevan . but it is indicated that there are only five such places, and the next price category. these are already tickets for 68.000 with a transfer in yerevan, the ticket will cost 27.000. but, if a 15-hour transfer does not scare you, then you can find a ticket and for 17 only two russian airlines have received permission to fly to georgia. azimuth and red wings flights from georgia are operated by joans. at the same time its ceo. he says that only about 40% of flights were busy and expected to be larger, another reason for the weak interest of russian tourists. ultrasound continue tour operators lack of direct flights to the resort of batumi, as well as fears of encountering an unfriendly attitude. japan introduced 17 individuals and 78 organizations have added new sanctions against russia to the list. whose assets in japan, if discovered, will be frozen, for exa

banks increasingly began to offer russians to buy the desired mortgage rate , rbc drew attention to thebottom line is that banks offer to reduce the mortgage rate and the monthly payment, but the borrower will have to pay a certain commission in addition to the down payment, for example, vtb claims that with this week borrowers using such a scheme. can reduce bet on the value of half to 8% of the bank points. opening is proposed to lower the rate by one and a half percentage points if the client pays a commission of about five percent of the mortgage loan amount . gazprombank and rf house a plan to introduce paid discounts from last year. they already operate in the alpha bank. banks are trying to adapt to the fact that the so-called mortgage from a developer with ultra- low rates, which is being actively fought against, is being gradually phased out the central bank considers it a risk for both banks and citizens. the nkr rating agency adds that banks probably want to make maximum money on mortgages in the face of high competition among themselves, stock prices for gasoline have reache

the decision was made against the backdrop of pressure from europe and the united states, rbc writess in early april. it is known that the rbi group has closed its accounts for all banks in russia except for its subsidiary raiffeisenbank . in addition, options are being considered for the sale of the russian business or its withdrawal from the group. the finnish fortum wrote off assets in russia in the amount of 1 billion 700 million euros, the total loss from projects in our country is estimated at 2 billion. this was stated by the head of the concern markus rauma according to him, fortune completely lost control over its operations in russia earlier vladimir putin, by his decree, transferred the company's assets to the management of the federal property management agency fortum, one of the largest energy companies in europe, owns more than 500 enterprises in the eu in russia and the us default will result in economic problems for the whole world this was stated by the president of the country. joe biden with the democrats. he urges congress to raise the national debt ceiling, which

russian mobile games market in this year, it could grow by 20% to $400 million, rbc writes. study, the main driver will be the growth in the number of new games, as well as the decline in the non-virtual entertainment sector, for example, the lack of hollywood premieres in cinemas , according to the publication. by the year 27, the audience of mobile games in russia will grow by a third to 35 million, users and international investors are reducing investments in shares of us companies and increasing the share of cash asset managers are concerned the inability of congress to agree on a ceiling on government debt according to bank of america, a possible default in the united states was included among the key risks with unpredictable consequences for the global economy, as the head of the treasury said earlier. john default. it might be as early as june 1st. this was the news of the economy in short. consider to spend time with children russian cartoons and children's programs without registration. from the presidential press office, in the name of god, the merciful , merciful

that when making money transfers, the data of the recipient of the department should be indicated, as rbctes. developed a new version of the bill, which first appeared in march of this year. now the anti-laundering law requires that only data about the sender be indicated in money transfers, but financial intelligence wants banks to require data for recipients, in particular the tin or passport number, both for domestic and cross-border transfers and by cards and counts, but all this should earn only from the twenty-sixth year. another related monitoring. there is an idea to limit the amount of transfer that can be made without opening bank account, maximum 100,000 rubles. the tightening of money transfer rules comes against the backdrop of the fact that russians last year actively transferred money to neighboring countries, which became popular due to relocation or card tourism . three times to georgia five times to kazakhstan seven times. the ulyanovsk automobile plant denied reports that its workers went on strike the day before because of dissatisfaction with wages at the plant called

recorded on february 22, when many rushed to car dealerships to buy cars, the loan sizes are noted by rbcws following prices according to the autostat agency in the twenty-second year, a new car has risen in price by an average of 20%, and supported by 32%. it’s just that car loans are obviously due to the fact that chinese sales, which are now growing in russia, are rushing to replace the car brand that left the country thousand percent. egor is everything in the economy thank you denis washington is forming the so-called army of a free series, which will include militants banned in russia isis in order to use it against damascus, the head said today russian foreign ministry sergei lavrov at a quadripartite meeting on the syrian settlement. it is taking place in moscow without the participation of the minister of foreign affairs of russia turkey iran and syria syrian tears, according to our data, the americans have begun to create a so-called army of free syria with the participation of representatives of local arab militant tribes in the vicinity of syrian raqqa. isis and other terroris

this is at least 12 years of such statistics cited by rbc with reference to data from the bank of russiaruary. the loan portfolio fell immediately by $5 billion, or four percent, lending in dollars and euros became taxable due to sanctions. and the yuan until it can start, analysts say a store at russian airports. they can allow the sale of alcohol, we are talking about outlets in the waiting rooms and issuing ba. yes, on domestic flights, the draft law was prepared by the treasury if the law is adopted, the permit will be valid until june 30 , 26, the measure is expected to support international airport operators and store owners who have suffered significant losses during the pandemic and quote unfriendly actions of foreign states and the cost of mortgages in the united states updated last year's high average interest rates on thirty-year home loans reached 6.9100%. this is a given association of mortgage bankers. at the same time , the demand for housing loans is declining over the week, the number of applications decreased by almost 4%, and also became 4.5 a week earlier. it is known

there are also reactors of this rbc .he main difference is what i would call, firstly, this is a two-circuit system. here is our reactor there, uh, radioactive primary coolants. yes, it functions inside the containment. yes, it circulates there, but for e, the turbine is supplied with steam from the second circuit. that is, it is not radioactive. and in our country, uh, radioactive steam is not supplied to the turbine. ah, in the channel reactor there is one circuit, and there is radioactive steam, it is fed, er, to the turbine, which, respectively, increases certain risks. yes, and er, it means it reduces it. uh, hmm work resource. well, and the most important thing with us, you saw this is how you called a pressure cooker? yes, and there is graphite masonry, in which these channels are made just the same; graphite is combustible in itself and, uh , it means that if something, god forbid , happens, then it burns plus. eh, our system provides for it in the event that, nevertheless, the coolant of the primary circuit. and

unit -is when there was the battle of bakhmut, for example, the legion was there, for example, the rbc was involved in the liberation of the kharkiv region, yes , the kherson region, but now it is their operation, no, they planned it, and they are carrying it out . of course, this should have been agreed upon with the military leadership, well, precisely because they are part of the armed forces, but there is no role of the ukrainian military there, and on the territory of russia, none of the ukrainian military was joined exclusively by russians. well, there are still a few friends who joined them, are there any weapons there which was provided to ukraine western partners for something important, yes, definitely not, that is, there were tanks there, but these tanks were captured by the russian army during the liberation of the kharkiv region. well , there are certain armored vehicles. well, here i am. well, i can lie. it’s better not to be there. i don’t know. where are they from here, there are many different people who book cars themselves, but it could be that something happened bec

in early may, three russian banks at once worsened mortgage conditions , rbc writes about this.w credit bank increased the rate on new buildings by 08 tenths a percentage point, and on the secondary housing, by 0.55% of a point, the rates on loans for new buildings, finished housing, increased at sovcombank and the bank of st. , from may 30 , banks must form increased reserves for mortgage loans if the rate on them is much lower than the average market values ​​the central bank is struggling with the so-called mortgage from the developer, when the rate may be less than a percentage the cost of apartments on such a mortgage is overstated by 20-30%, which means that this threatens the borrower with problems when they are then going to sell these apartments on the secondary market, because no one will offer them such prices . had to with those banks who are actively working with those very mortgages from the developer, but in general for the market according to him, rates are unlikely to grow, the managing director of the financial services project, the moscow exchange. igor alutin

operation in the bakhmut direction , i quote the direct language of cherevato in an interview with rbc-ukrainewhy is it successful because we achieved the main goals, we did not give them to break through, to break our battle formations, to destroy our group that is fighting there, to surround it and, in addition, we inflicted colossal losses on them, according to the spokesman of the eastern group of troops, serhiy cherevatoy, one of the directions where the ukrainian defenders are moving successfully in this direction is the direction of the tick, there is also an advance in the area of ​​the verkhiv reservoir , i quote throughout week we managed to advance from 150 to 2 km per day in the last day on may 22 in various sections we advanced from 250 to 400 m, this is not much, but it allows us to occupy the dominant heights in order to better inflict damage on the enemy group in bakhmut, the armed forces of ukraine hold the area of ​​the plane and have fortifications, trenches, strongholds, in particular, in the southwestern part of bakhmut. to ukraine , valery glory to the heroes above all we

mortgages, but in order to get it you need to pay an additional amount to the down payment on mortgages, rbc trend , as vtb proposes to lower the mortgage rate. having chosen a discount in the range from half to 8% of points, the client will receive it after paying a one-time commission , the amount of the discount depends on its amount and its validity period, the option applies to both the primary and secondary markets. looks like a service in march. launched by otkritie bank it offers to reduce the approved rate by 1.5% points if the client pays a commission of just over five percent of the mortgage loan amount option the discount is also planned to be introduced by gazprombank and the house of the russian federation and since last year. it was launched by an alpha bank from sberbank in the acre agency , they note that by offering a discount on mortgages , banks are trying to adjust to rising rates and curtailing the program from developers earlier , the central bank began to fight mortgages. according to ultra-low insertions, he explains the risks for the borrowers themselves. after two

resumed after a four-year break , interest in the direction revived, but the booking boom did not happen, rbcabout this by the interviewed tour operators. interlocutors. they say that the reasons for this are expensive air tickets. so vouchers with transfers are in great demand, for example, in minsk or yerevan, according to airsales, the average check for flights from russia to georgia is 32.000 rub. for comparison, to turkey 26.000 to armenia 14. as all these travel agencies online-tur.ru say, tour packages in the georgian direction offer not many tour operators permission to fly to georgia so far only two russian airlines have received azimut winx from georgia , georgian ace operates flights its ceo. he says that only about 40% of the flights were busy, they expected that there would be more. another reason for the high booking volumes is the lack of direct flights to kurortny batumi and also fears with hostile attitude russian stock market enters friday trading symbolically up 1% correcting downwards yandex shares up 4 1/2% yesterday the company said that possible new shareholders of yand

associations, ilya zotov, to the first deputy chairman of the federation council, andrey turchuk , rbcthis, the reasons for the shortage, as reported in the association of passengers, there were new requirements in the taxi law, they were adopted at the end of last year for them in each region. three registries need to be created. the carrier service , the passenger taxi service and the taxi ordering service , the latter will be required to provide the fsb with access to databases, as ilyasov emphasizes, there are still no regional registers, because there is no money or technical base for them in local budgets. and since aggregators will no longer be able to transfer orders to drivers not included in the registers. this means that passengers simply will not be able to call a taxi. according to him, the only such registry operates in moscow, so the association asks to postpone the introduction of new rules until september 1, 24. the russian stock market this morning continues yesterday's growth investors are waiting for good dividend news the ruble on talk of new sanctions against russ

rory mcilroy has said his "mental and emotional wellbeing" was a reason for him withdrawing from the rbconth. no reason was given at the time for the world number three�*s withdrawal, which came soon after he missed the cut at the masters. the northern irishman told the golf channel he needed a break. stefanos tsitsipas advanced to the quarter—finals at madrid open after defeating home—favourite bernabe zapata miralles 6—3, 6—1. the game ended in the early hours of wednesday morning local time. tsitsipas dropped three service breaks to world number 42 zapata miralles but otherwise remained in charge throughout. he will meet germany's jan—lennard struff next for a place in the semis. zhang zhizhen became the first chinese player to reach an atp masters 1000 quarterfinal on tuesday, beating american taylor fritz 3—6, 7—6, 7—6. zhang won in a final—set tie—breaker for the third straight time at the clay—court tournament in the spanish capital. it was the first win against a top—10 opponent for the 26—year—old. congratulations to him. and that's all the sport for now. studio: thank you. ther

the national council of the financial market to the ministry of defense and the central bank writes rbcot included in the list of those who can check whether a russian has received an electronic summons, it turns out that they cannot comply with the law on electronic summonses adopted in april, according to which market participants are obliged not to give loans to colonists from a draft in the financial market council . they say that sets the requirements for banks. neither the banks themselves nor the central bank are involved in the discussion, so now the banks want to know exactly when the agenda was sent, when it is considered handed over and when the restrictive measures also asks for clarification on what to do if at the time of submitting the loan application there was no subpoena, but on the day the contract was signed, it already exists. the moscow exchange starts on friday in the red among the leaders of falling stocks and receipts of companies that today fell under the new british sanctions, the list was added by banks, dom.rf rosbank and tinkoff bank and metallurgov severst

live now to janet mui, who's head of market analysis, rbc brewin dolphin.ou very much for being with us today, janet. let us start with the key question, renegotiating the eu trade deal. they arejoining a lengthening queue for ten downing st. with rishi sunak seen as more of a pragmatist than his predecessors, do you see renegotiation as being more of a possibility?— of a possibility? good morning. thank you _ of a possibility? good morning. thank you for— of a possibility? good morning. thank you for having _ of a possibility? good morning. thank you for having me. - thank you for having me. renegotiation may happen but i think the pastor it would be difficult. we all know how long and complex this trade negotiation will be, and particularly for the car industry. as the news mentioned. if you have to qualify for no tariff or electric vehicle, then you need 10% of local content, 45% of the local resource content. so it is a difficult thing to negotiate. i think it is difficult for the uk to just cherry pick the figure that would favour them to entitle to th

recipient when making money transfers, such requirements can come into effect from the age of 26, writes rbco the latest version of the amendments to the anti-money laundering law, rostfinmonitoring wants to make this mandatory for both domestic and cross-border transfers by cards or accounts now when making a money transfer. it is necessary to indicate data only about the sender full name account number tin or address of residence information about the recipient is not required also the service wants to limit the amount of money transfers that are transferred without opening a bank account to the amount of 100,000 rubles. hello at the same time, when transferring through the fast payment system by the idea is that the missing data can be sent by the banks themselves serving the recipient. the russian stock market opens trading with growth, investors are obviously looking at individual corporate news , but there are no general positive ideas now . -premiers, the head of the ministry of industry and trade denis manturov reported in every branch of the domestic industry different situations, b

let's bring in peter schaffrik, global macro strategist at rbc capital markets here in london.ick up on one of those points in the piece from rachel wreaths there, saying that britain has been uniquely hit by inflation. what is it do you think, if you look at food in isolation, that is making the weekly shop so much more expensive?— more expensive? first of all, we have _ more expensive? first of all, we have to — more expensive? first of all, we have to keep _ more expensive? first of all, we have to keep in _ more expensive? first of all, i we have to keep in perspective obviously inflation has been high everywhere, food inflation has been a large contributor alongside energy and pretty much all of the places in europe, but yes indeed, the numbers in the uk don't look pretty, and food in particular is making a very large contribution, and we have heard it, whereas energy prices will likely come down in the next numbers in inflation, we will almost certainly see energy come down sharply, it takes longerforfood prices to come down sharply, it takes longer for food prices to com

we check on the upgrades and downgrades by firms you know we start with rbc upgrading barclays shiftingperform to out perform. calls the valuation a good entry point and stands to benefit from the structure hedge tailwinds. and mizuho downgrading twilio. it cites challenges and lower growth lastly, jefferies downgrading diageo from buy to hold. >>> shifting to another story. elon musk says he found someone to run twitter and musk tweeting i've hired a new ceo she will start in six weeks. this role will transition from executive chair overseeing product and software and systems operations musk has not named the person, but the new york times citing sources familiar with the situation reporting that lynn ya' -- linda yaccarino is in talks. she is rehearsing for nbc universal presentation on monday nbc universal is the parent company of this thnetwork. we reached out to yaccarino for comments let's talk more about this with sara morrison. what does this mean about the advertising business for twitter this. >> we know gender and that she will start six weeks from ynow. other than that, we d

the reaction of the rba compared to the fed or the rbc. >> swati pandy with the latest.e in new york, we have vonnie quinn with the headlines. >> the treasury is boosting its borrowing estimate for the quarter to $736 billion. an increase of more than 750% from the $278 -- tortoise $78 billion at the start of the year. congress will either raise or suspend the debt limit, they say. it also affects their estimates of revenues and spending. elon musk has agreed to pay $10,000 to settle a defamation lawsuit. tesla's rocky production was called out on twitter, and then the defendant accused elon musk of defamation. the imf chief says china is shifting its thinking about restructuring after getting burned by creditors. china has joined traditional western lenders in the paris club in recognition of creating a debtor debt mechanism. many low-income nations are near debt distress. >> we are seeing some shift in this thinking. why? for a very simple reason. because they are now being burned. nothing makes you more eager to understand that restructuring that when a country says n

we have rbc -- are vc spotlight member, george mathew.ew bit --bet side of the conversation. what do you make about the hype of ai? george: when you think about what is going on in ai, it is clear that there is a fair amount of hype. when you look at this down the line 10 years from now, you were realize that incredible things are happening now as we speak in terms of building this next generation of software and this is where insight has been focused on in terms of helping guide many great founders in creating software companies. caroline: do the guidance because yes you are there with her ai and ml hat on and i am sure you are thinking about other companies but i also think about the commerce companies you have, the companies that are being disrupted by artificial intelligence. how much do you have to guide those companies to become ai native? >> every company has the opportunity to become ai -- an ai company. many companies have credible amounts of private data but what is that opportunity when you look at the market for building ai co

rbc deciding to pause for that reason there are alternative views with the likes of ben bernancke comingut with an academic research piece yesterday suggesting that more work needs to be done in order to bring inflation down i want to ask you to what extent, do you think, the banking fears, the u.s. regional banking fears are going to be factored into the fed decision here at previous press conferences, the fed chair was adamant that the u.s. banking system is in a good place and the fears around the u.s. regional banks don't seem to be subsiding >> the fmoc minutes show the committee is aware of the failures of the banking system and aware of the issues we have seen with the four banks which failed so far. they do point out, though, the obvious banking system is generally well capitalized and problems are restricted to banks and non-financial institutions with specific portfolio problems and not the generic system across the entire banking system they point out a tightening of credit conditions seems to be occurring and that tightening of credit conditions might mean they don't have to

rory mcilroy has said his "mental and emotional wellbeing" was a reason for him withdrawing from the rbcn was given at the time for the world number three�*s withdrawal, which came soon after he missed the cut at the masters. the northern irishman told the golf channel he needed a break. stefanos tsitsipas advanced to the quarter—finals at madrid open after defeating home—favourite bernabe zapata miralles 6—3, 6—1. the game ended in the early hours of wednesday morning local time. tsitsipas dropped three service breaks to world number 42 zapata miralles but otherwise remained in charge throughout. he will meet germany's jan—lennard struff next for a place in the semis. and that's all the sport for now. thank you. now an update on the explosions you might remember that damage the nord stream gas pipeline since september last year. journalists have said they found russian navy ships were present shortly before it —— before the blasts. we now have an investigative journalist from the norwegian broadcasting corporation. what have your investigations found? we presented _ your investigations

agreement with investor capital and potential catalyst in the coming years for the optimistic outlook rbc fitness. the company's model delivering strong earnings in a normal post-pandemic environment. and jpmorgan chase upgrading bloom energy from neutral to overweight the pull back on the stock is overdone shares of bloom energy is up 6% this morning >>> shifting to retail and an issue for more sounding the alarm on shrink. specifically organized crime with target is the latest name to reveal the true financial impact of the problem this week. courtney reagan joins us now with more. >> frank, good morning target is taking a risk. home depot is calling out shrink from organized retail crime since 2019 the cfo told me shrink from theft is the biggest issue this quarter. theft shrink has been called out by walmart and target and dick's and ross stores in recent months it is hard to know exactly how big the issue is this week, eric adams said retail theft was up 42% from a year prior and an it is increasing and the annual law survey estimates the retail shrink was $3.7 billion more in 2021 t

rory mcilroy says "mental and emotional wellbeing" was a reason for him withdrawing from the rbc heritages return at the wells fargo tournament tomorrow. it's been announced that 3.6 million people tuned into the bbc�*s coverage of the world snooker championship final, which was won by belgium's luca brecel on monday — down on last year's final where ronnie o'sullivan triumphed, which was watched by 4 and a half million viewers. dutch rider marianna vos has extended her lead at the week—long vuelta femenina in spain to 13 seconds — she sprinted to win stage 3 and keep the leader's red jersey. her british team—mate anna henderson is still fourth overall, 22 seconds behind vos. next tonight to rugby union — players and staff at london irish still haven't been paid for april amid ongoing concern about the premiership club's financial future. it's reminiscent of what we've seen happen at wasps and of course at worcester too. our rugby union reporter sara orchard has more on this and joins us now. thank you for being with what's the latest your hearing from london irish? players and staff have

we will speak to rbc. this is bloomberg. ♪ tom: welcome back.'s get the first word news with samuel etienne. samuel: bloomberg has learned that the fdic plans to make big banks pay to repeal -- refill deposit insurance fund leaving smaller lenders exempt. the proposal from the agency which is responsible for ensuring u.s. bank deposits could see lenders with under $10 million in assets making no extra contributions. the fund was depleted by billions of dollars after all spd and signature depositors even uninsured ones were brought into the scheme. ed sheeran has won a closely watched trial over claims he copied keep musical elements from 1970's songs by marvin gaye. a federal jury in manhattan delivered a verdict, the second time the popstar has successfully defeated claim for copyright infringement. last year, a court in the u.k. found he did not copy from another song to create his hit shape of view. cigarette smoking rates in the u.s. have sunk to the lowest levels since 1965. the latest government figures showed just 11.5% of americans smoke