Season 2. Latest news from Russia. Learning to translate from English into Russian
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News 1:
AvtoVAZ proposed to the Ministry of Industry and Trade to double localization points for installing Russian auto electronics on cars produced in Russia on Chinese platforms. AvtoVAZ explained that the idea is still being discussed and it is too early to announce details.
News 2:
The German OBI filed a new claim against the Russian network of the same name for 25 million rubles. Both sides declined to comment; the application itself has not yet been accepted for consideration. There are no details in the case card. The company once again demands to stop using OBI trademarks in Russia.
News 3:
Turkish banks have begun to more often break correspondent relationships with Russian financial institutions and suspend payment processing without officially terminating contracts. The problems arose a long time ago; they simply worsened in December 2023, after threats of secondary sanctions from the United States.
News 4:
The Central Bank reported that 557 banks and companies have connected to the domestic analogue of SWIFT, of which 159 are non-residents from 20 countries. Thus, in early January, the head of the Central Bank of Iran announced that Moscow and Tehran had connected their systems for transmitting financial messages and now the banks of the two countries “no longer need Switzerland” to communicate with each other.
News 5:
There are no “unfriendly” currencies left in the National Welfare Fund, the Ministry of Finance reported. As of January 1, 2024, funds in the National Welfare Fund were placed in yuan, rubles and gold.
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