Today in the news: EU Sanctions Strategy Shift, Entrepreneurial Challenges, Surging Russian Travel, and Aviation Safety Concerns
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News 1:
The next round of EU sanctions against Russia will not include new import bans or “big names,” sources tell Reuters. This decision is due to the desire to adopt restrictions by February 24, 2024. The head of EU diplomacy, Josep Borrell, said that new European sanctions against Russia will affect individuals and legal entities that help sanctioned persons bypass the restrictions.
News 2:
In 2023, almost a third (27%) of entrepreneurs had difficulty finding financing. In particular, one in five (19%) found it difficult to find an investor. Another problem last year was the staff shortage, which was reported by 20% of founders.
News 3:
In January-December 2023, Russian citizens made 27 million trips abroad, according to statistics from the FSB border service. This is 17% more than in 2022. Also, the number of trips for tourism purposes increased by 35% year on year.
News 4:
The Russian government has simplified the procedure for admitting Russian transport companies to international road transportation: from September 1, 2024, this process will take not 20, but five working days. The number of documents that must be provided to obtain admission will also be reduced.
News 5:
The sanctions have affected the safety of Russian aviation, writes The Wall Street Journal. In 2023, operators in Russia recorded at least 74 incidents compared to 36 in 2022. At the same time, the company also includes in its statistics incidents not related to sanctions, such as bird strikes.
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