Politics

The Russian budget will be short 700 billion rubles in dividends, Vedomosti

According to the forecasts of the 2021 Ministry of Finance, this year the budget was supposed to receive 1 trillion rubles in dividends. However, in fact, the budget will receive only 300 billion, which is half as much as last year.

More than half of this amount the state will get from Rosneft, 20% from Transneft and 10% from Tatneft.

For the first time in 24 years, Gazprom did not pay dividends, but nevertheless, the budget will receive more than 1.2 trillion rubles in taxes from the company.

Hyundai has released a "copy" of the Tesla - Reuters

Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise as FTX

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