We invitation you to a subjective overview of the regular economical review of information from Russia.

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Shorts:

• Our predictions in Cepa yesterday came actual regarding Donald Trump's triumph in the election. Chinese stock exchanges down, American contracts up. Europe remains neutral.
• The price of Christmas trees will emergence by 10-20% compared to the erstwhile year. Now for the metre of “green age” beauty will should be paid from 1200 to 1500 rubles.
• The Russian Ministry of Defence stole 24 properties in Moscow worth about 700 million rubles. Nikolai Players, erstwhile head of the property department at hazard of the Chief Military improvement Board, is charged with theft. According to investigators, Players during the bankruptcy process organized false auctions, leading to property theft. He is presently in custody and criminal proceedings have been initiated in connection with fraud on a peculiarly large scale.
• There have been 2 robberies in Russia over the past 2 weeks associated with the theft of butter. In Moscow, 2 migrants with knives robbed Piaterochka by taking 25 cubes of butter. And in Yekaterinburg, Milk Place took all the butter, a fewer chocolate cocktails and money from the cash register. In 2024, the price of butter.
• The Russians may have frozen bank deposits. According to Alexei Zubets, manager of the Institute for Social and economical Research, the discussion is about the anticipation of a temporary simplification in the amounts that Russians can pay from bank deposits. He explained that the accounts had accumulated funds of respective tens of trillion rubles, and with a sharp fall in interest rates, there could be a threat of mass withdrawal of this money, which would consequence in an increase in inflation. In order to avoid specified a scenario, measures to control access to large bank savings are being considered.
• In Smolensk, a man with no head was considered capable of service. Not this for Saturday.
• The United arabian Emirates provides Russia with Ferma butter produced in Ukraine under a brand name indicating arabian origin. The product is manufactured in the Vinnytsk region of Ukraine, but is exported to Russia in packages intended for the United arabian Emirates market.
• Indian and Iranian butter in tin packaging will shortly appear in Russia. Rosselkhozover has already approved the transportation of these products.
• In Russia, butter went up because... The Russians have besides much money. The Minister of Agriculture Oksana Lut stated so.

1. The 3rd politician resigned 1 day..

The Head of the Republic of Komi Vladimir Uyba announced his resignation. He said Russia's president Vladimir Putin entrusted him with a "new front of work" at national level. "For me, this is simply a fresh challenge and a immense responsibility," said the official, not specifying what he will do now. However, this sounds like a PR communication for now

The Wiedomosti sources have already talked about Mr Uiba's impending resignation. According to them, the President's administration was dissatisfied with the governor, who repeatedly went into conflict situations and could not build dialog with either society or local elites.

Uiba has been head of the republic since 2020. He previously served as Deputy Minister of wellness and was head of the national Medical and Biological Agency (FMBA) for 15 years. Under his rule, the institution was repeatedly active in corruption. This was not, however, an obstacle to the fact that his name would proceed to appear erstwhile he was filling further positions in the State.

Journalists Novaya Gazeta and 7×7 besides established that chief Komi and his wife were conducting business activity in the Czech Republic, despite the legal ban on abroad officials holding assets, and that ‘Important Stories’ had established that Uiba had not officially declared to conduct business for respective years in a row, and that it had at least 10 properties in the Moscow and Kałuski Oblast.

In addition, Uiba has frequently become a hero of scandalous publications due to his way of talking to people. And so in 2021, in consequence to the outrage of the residents caused by the oil spill on the Kolwie River, who wanted to address this and another problems “directly to Putin”, the head of the region said: “I am Putin with you. Which Putin do you prefer? Then the scandal reached the Kremlin and the press secretary of president Dmitri Pieskov had to stand up for Uiba. Chief Komi besides called the residents of protesting the construction of a waste treatment complex and landfill in the suburbs of Sytkrzykar "green garbage".

Uiba became the 3rd politician to resign within 24 hours. The day before, she learned about the change of heads of the Rostov and Tambowski circuits. 67-year-old Vasily Gołubiew and 47-year-old Maxim Egorow announced their resignation, explaining this decision besides by moving on to another job.

On the evening of the same day, employees of the Moscow FSB branch arrived in Gołubiew's office with a review. There was no information about the initiation of criminal proceedings. But Paul mentioned this yesterday.

2. The fund will be utilized for a three-day operation. Almost half the gold sold.

The value of the National Prosperity Fund (NWF) at 1 November amounted to 12.73 trillion rubles, or 6.6% of GDP. It is equivalent to $113.13 billion, stated the Ministry of Finance in a statement. As of 1 October, NWF's volume amounted to 12.79 trillion rubles, its volume decreased by 60.9 billion rubles per month.

And everything would be beautiful if you didn't look at the details.

In 2022, the liquid part (funds in central bank accounts) amounted to 131 billion dollars.

The volume of liquid assets at 1 November amounted to 5.45 trillion rubles, or US$56 billion.

Of which half is gold and the remainder is essential to stabilize the ruble the remains of yuan.

A period earlier, this number was 5.26 trillion rubles of gold in unallocated form decreased from 292.5 tonnes in October to 283,56 tonnes in November. The yuan volume decreased from 221.8 billion to 220.5 billion 1.25 billion yuan in October was placed in securities "other unknown Russian issuers", the Ministry of Finance stated in the Communication. The NWF besides houses 410.2 million rubles.

As we monitor the situation from the beginning archived MF data from a year ago have been preserved

That's how it looked on February 1, 2023.

so on 1 November 2024

3. The bailiffs discovered expired debts to the Russians at 1.4 trillion rubles

Today on bailiffs and latest data.

It is increasingly hard for the Russians to repay loans and loans: during the January-September period, creditors demanded recovery from borrowers of 1.41 trillion rubles (about $14 billion) , which is 34.2% more than in the same period last year. This is due to data from the national Chamber Service (FSSP)

A full of 10.9 million fresh enforcement proceedings were launched to recover debts from citizens, 11.6% more than a year earlier.

In total, bailiffs led 24.4 million cases against citizens worth 3.37 trillion rubles. These figures take into account a crucial balance sheet of cases from erstwhile reporting periods.

Within 9 months of that year, the bailiffs completed 9.7 million cases of recovery from citizens to creditors of 881.5 billion rubles. Year by year, the number of closed cases increased by a 4th (24.1%) and their debt increased by 3.6%.

The bailiffs begin enforcement proceedings against debtors erstwhile their debt has already been ‘regulated’, i.e. the court’s order to recover it or there is simply a notarial enforcement title. After the backlog has arisen, it must take any time before the lender reaches this stage. Banks and microfinance organisations can besides sale debt to the client to a debt collection company that will handle and collect the debt. And that's crucial data. Those $14 billion are the amounts that went to the bailiffs not to the debt collection companies.

Most frequently banks sale Russian debts on unsecured loans: in 2023 these loans accounted for 65% of the full volume of the transfer transactions with the collectors, as reported by the GDP collection agency. Another 27.4% is the debt of citizens on credit cards. More than 1 3rd of the claims sold last year were out of date somewhat – up to 1 year, another 22% – from 1 to 2 years.

The increase in the volume of enforcement proceedings may be due to the fact that borrowers who cannot refinance their debt have begun to have problems with debt repayment," said Sergei Nowikow, a partner at GRM. Bravo, Captain.

According to him, earlier specified customers had no difficulty in obtaining fresh loans for the partial repayment of old ones, as there were more offers from banks. However, the Central Bank presently imposes strict restrictions on the cooperation of lenders with over-indebted citizens. That's precisely what happens. And precisely as we predicted.

4. Donald Trump won in the election, Republicans close to taking the full pot.

Republican U.S. presidential candidate Donald Trump leads in all 7 “shaking” states while counting votes. Talk about Arizona, Georgia, Michigan, Nevada, Pennsylvania, North Carolina and Wisconsin.

In Arizona, after processing 52% of the ballot cards, Trump receives 49.8% of the vote while his Democratic rival Kamala Harris receives 49.3%. In Georgia, 93 percent of voting cards were processed – Trump has 50.7 percent of the vote and it can already be considered that he won, Harris 48.4 percent. In Michigan, where 44% of voting cards were processed, Trump scored 51.3 percent and Harris 46.9%.

W Nevada has so far only 2 percent of ballot cards been processed, but Trump already has 73%, while Harris has 26.2 percent. In the key states of “hedgehold” – Pennsylvania, which gives 19 electorative votes – after processing 83% of Trump voting cards has 51.2 percent, Harris – 47.7%.

In North Carolina, 90% of voting cards have been processed. Trump has 50.8%, Harris 47.8%. At the same time, according to Associated Press, The fresh York Times and Bloomberg forecasts, the Republican will win in the state, which will give him 16 electorative votes. In Wisconsin, after processing 75% of voting cards, Trump has 50.8% and Harris has 47.6%.

To win, the presidential candidate must win 270 electorate votes. The final result of the election will be influenced by a vote in the states of "hashoids", consisting of a full of 93 elective votes.

According to Fox News, Trump has already won 277 votes, while Harris has 226. According to the fresh York Times, Trump will receive an average of 300 electors (from 251 to 336) and Harris – an average of 238 (from 202 to 287).

Thus Paul’s forecasts from yesterday proved true.

5. Russian companies have discovered that 600,000 engineers are missing.

Today we have interesting discoveries.

The shortage of engineering personnel in Russia has reached 600,000 specialists, said Victoria Khaba, vice president of HR and organizational improvement of electronics maker Aquarius.

Khaba noted that Russia lacks engineers of almost all specialties, but among them the most sought-after engineers-designers, whose shortage is estimated to be 30,000, and process engineers whose deficiency is now over 20,000. I remind Putin that he demanded that we produce replacements for everything that is from the rotten west, the introduction of robotics and automation of Russia. 600,000 engineers are missing... to keep the statutes quo. due to the fact that for now, it's all about not to go anywhere.

According to the hh.ru recruitment service, as quoted by Wiedomosti, more than 636,000 vacancyes for engineers of various specialties were published in Russia from January to October 2024, or 13% more than in the same period of 2023, erstwhile 565 1000 vacancyes were opened. The largest increase in request is observed for pre-collection engineers (PFZ): the number of specified vacancies increased nearly 2.5 times, from 3800 in 10 months 2023 to 9000 in 10 months 2024. At the same time, as hh.ru notes, there is not a single engineering specialty in which the number of vacancies would decrease.

The companies of the national radioelectronic manufacture are experiencing the biggest shortage of installers of electronic components, process engineers and designer engineers, said Vera Smirnova, executive manager of the association “Consortium of plan centers and companies of the radioelectronic industry”, said Vedomosti .

"In order to attract jobseekers, employers are constantly expanding wage offers in all specialties, including logistics and manufacturing engineers," says Deputy manager General Rabota.ru Alexander Veterkov.

"The highest salaries this year are received by DevOps (247 400 rubles, +14%), task chief engineers (143 600 rubles, +23%), and start-up engineers (104 300 rubles, +100%)" – typical of the recruitment department service explained.

Russian companies deficiency engineers due to general shortage of personnel in the country. According to the monitoring data of the Central Bank, the supply of human resources to companies, i.e. the number of available engineers in the 3rd quarter, reached a minimum level throughout the reflection history.

In 2023, the Institute of Economics of the Russian Academy of Sciences estimated a shortage of workers in Russia for 4.8 million people. prof. of Moscow State University Natalia Zubariewicz warned that the situation related to staff shortages in the country is of a long-term nature.