Ukraine Conflict: Impact On European & Asian Supply Chains: Daily Updates
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Thursday October 5
Geopolitics
- White House accuses OPEC+ of aligning with Russia
- OPEC Confirms Oil Production Cut
- European leaders struggle to find ‘common cause’ on energy and Ukraine
- New EU sanctions on Russia include ban on technical items used in aviation sector
- Russia to reroute oil exports to countries ready for normal cooperation in response to price cap
- EU Sanctions New Russian Territories
- Stabilizing global food markets situation without Russia to be extremely difficult
- EU excluded Russian diamond miner Alrosa from sanctions package
Nordstream
- German police call Nord Stream blasts ‘targeted sabotage’
- EU will have to recognize Nordstream betrayal by allies
Economy
- World Bank forecast for contraction in Russian GDP in 2022-2023 ‘overly conservative’
- Russia’s industrial output returns to last-year level
- Inflation in Russia totaled 0.07% from Sept 27 to Oct 3, annual inflation slowed to 13.5%
Trade
- Russia expecting to build 1,100 vessels at domestic shipyards through 2030
- London Metals Exchange Further Restricts Russian Products
- New Russian Pipeline A Priority – Serbia
- Russia to sign Iran swap deal for 5 million tonnes oil and 10 bcm gas per year by end-2022
Wednesday, October 5
Latest Updates: Geopolitics, Nordstream, Economy, Trade & Investment
Geopolitics
- US Treasury explains how G7 will target Russian oil
- Russian oil price cap would save emerging markets billions, US says
- EU split on Russian oil price cap escalates
- Strikes halt French refineries
- EU Risks Financial Crisis, Disintegration If It Continues To Pour Billions Into Ukraine
- Amid break with Russia, Europe needs single energy market
- Switzerland resists handover of Russian assets to Ukraine
Nordstream
Economy
Trade & Investment
- Ukraine starts operating under EU common customs procedures
- Russia able to substitute 30% of previously imported polyolefins – Association of Plastics Processors
- Russian agriculture sector could reach science-based norm of fertilizer use by 2024-2025
- Share of domestic products in Russian radio electronics sector expected to top 20% by end 2022
- Russia, Belarus agree on import substitution projects, lending rates for them
Tuesday, October 4
Latest Updates: Geopolitics, Nordstream, Economy, Trade & Investment
Geopolitics
- Erdogan maintains ‘principled position’ on NATO expansion
- NATO ‘not obliged’ to assist Ukraine — Germany
- Only 9 Out Of 30 NATO members approve Ukraine’s Bid To Join
- EU mulls exemptions from Russia sanctions
- AerCap faces $3.5bn fight with insurers over stranded Russian planes
Nordstream
- Western media says Russia blew up Nord Stream. But why would Moscow destroy pipelines it spent billons of dollars building?
- Nord Stream pipelines can be restored – Moscow
Economy
- Russian Central Bank still planning to upgrade forecast for Russia’s GDP in 2022
- Belarus to achieve 3.8% GDP growth in 2023 by increasing exports, investment
- 13% of Russians would like to buy U.S. dollars or euros, 80% see no reason to do so
Trade & Investment
- SCO states serious about switching to settlements in national currencies
- Russia imposes countersanctions against foreign transport companies
- Trade between Belarus and Russia expected to grow to record US$45 billion in 2022
- Russia’s VEB to open office in Belarus
Monday, October 3
Latest Updates: Geopolitics, Nordstream, Economy, Trade & Investment
Geopolitics
- NATO in the horns of a dilemma after former Ukrainian regions vote to join Russia
- Ukraine Crisis Giving Birth to Multipolar World Order
- Russia makes it ‘impossible for war to end’ – EU
- ‘Not wise’ to let Ukraine join NATO – Kissinger
Nordstream
- Nord Stream explosions are a ‘tremendous opportunity’ – US
- Russia points finger at sole beneficiary of pipeline sabotage
- Europe ‘indefinitely deprived’ of key gas supply route – Gazprom
Economy
- Thousands of German stores on brink of closure
- Russia’s budget deficit might exceed planned 0.9% of GDP in 2022 – FM
Trade & Investment
- Transport ministries of Belarus, Russia sign intergovernmental agreement on Belarusian cargo transit via Russia
- Export duty on Russian wheat to fall 14% to 2,119 rubles per tonne on October 5
- UAC to get 900 million rubles of state funding for Russian-Chinese commercial airliner in 2023
- TransContainer launched container shipping from China via Russia-Mongolia border crossing
Friday, September 30
- Brussels promises to cap price of Russian oil
- Europe’s energy plan: is it enough to get through winter?
- German inflation hits 70-year high as economists warn of deep recession risk
- EU to ban Russian toilet paper
- Kazakhstan plans to use gas price formula pegged to export netback on domestic market
- WTO warns of global recession
- Russian diplomat says Nord Stream leaks occurred in zone controlled by US intelligence
- Rosatom delivers fuel for fast neutron reactor to China
- Putin grants right to ban international road transport of cargo via Russia from ‘unfriendly’ countries
- Finland closing border for Russian tourists on Friday
- H&M reports huge profit drop after Russia exit
- Replacement for Lego launched in Russia
Thursday, September 29
- EU may soften anti-Russia sanctions
- Kazakhstan and Georgia welcome Russians fleeing conscription
- Pakistan eyes ruble trade with Russia
- Turkish state banks exit Russian payment system
- Lipetsk-based Motorinvest begins serial production of electric vehicles under Evolute brand
- Russian-Belarusian remote sensing satellite project to kick off in Jan 2023
- Russia to export 50-60 million tonnes of grain this season
- Russian agribusiness exports to Angola put at US$100 million/year
- Russia suspends double taxation agreement with Latvia
Wednesday, September 28
- Eurozone economic growth may drop to zero – ECB
- EU central bank warns ‘outlook is darkening’
- Denmark, Germany and Poland warn of sabotage after Nord Stream leaks
- How Europe can adapt to living without Russian gas
- EU sanctions have ‘backfired’ – Orban
- Hungary declares plan for “national consultations” on sanctions against Russia
- China makes Russian energy pledge
- Russia intends to promote exchanges with China and India
- Tokayev: Kazakhstan to adhere to neutral position in foreign policy
- Crimea head discloses future of ‘special military operation’
- Putin considering talks with Kiev
- Donbass, Zaporozhye and Kherson voters favor joining Russia — first results
- Federation Council may consider issue of new entities joining Russia on October 4
Tuesday, September 27
- Hypnotized Into War Economy
- Russia and the US still have time to learn the lessons of the Cuban missile crisis and prevent a nuclear war
- US to deploy HIMARS to Latvia
- Worst bond market crash in over 70 years coming – Bloomberg
- Pound crashes to all-time low
- UAE agrees LNG deal with Germany as Berlin looks to replace Russian gas
- OECD substantially improves outlook for Russia’s 2022 GDP, expects decline of 5.5%
- Importers From Russia, Mideast & Japan Keen to Trade in Indian Rupee Amid Push to De-Dollarize
- Turkish government to discuss alternatives to Russian Mir payment system
- Russian exchanges ready to join in servicing of export settlements in digital currencies
- West Will Change Its Mind About Referendums in Donbass, Zaporozhye & Kherson
- Belarus to sign agreement with Russia on common industrial policy in October
- BelAZ to deliver record number of trucks to Russia in 2022
Monday, September 26
- Highlights of Lavrov’s speech: World order without twisting arms and UN protection
- Russia’s forex reserves maintain growth
- Russia’s SWIFT alternative spreads at record pace – central bank
- Erdogan discusses alternatives to Russia’s Mir payments system
- Russian Central Bank looking to tighten requirements for quality of bank capital simultaneously with easing capital amounts
- Sberbank starts financing Russia’s fishing industry in yuan
- Accession of new regions to Russia likely on September 30
- Germany joins Poland and Baltics in push for harsher Russia sanctions
- Anti-Russian sanctions hugely harm Europe — Hungarian minister
- Finland to close borders to Russian tourists after mobilisation order
- Russia’s grain harvest to exceed 140 million tonnes in 2022
- Aeroflot to resume flights to Sri Lanka beginning October 9
- Toyota closes auto plant in Russia, but retains after-sales service
Friday, September 23
- Sanctions fail to shatter Russian economy, only harm Western population: Lavrov
- Euro rate drops below US One dollar
- Russia issues budget forecast
- Germany to nationalize Russian gas subsidiary without compensation
- What an Italy led by the far-right might mean for Europe
- Chinese imports of Russian coal hit five-year high
- EU’s scramble for gas creates new energy threat
- Finland to bar entry to all Russian tourists
- Russia agrees to Lynne Tracy’s appointment as U.S. ambassador in Moscow
Thursday, September 22
- West wants to partition Russia like USSR – Putin
- US has blocked Russian diplomats from United Nations
- Germany outlines UN Security Council ambition
- Germany responds to Turkey’s plan to join SCO
- EU preparing new sanctions against Russia over ‘referenda’ in Ukraine
- Kiev threatens 5 years jail for voting on Russia
- EU weakens Russia coal ban to ‘combat food and energy insecurity’
- Germany nationalizes natural gas importer to avert Russia-related shortages
- Russia’s technical independence in oil and gas equipment to increase from 60% to 80% by 2025
- Russia diverts steel exports to Asia over sanctions
- Will Russia support the Extension of the EUFOR Mission?
- Russia Agrees to Legalize Bitcoin Mining in Energy-Rich Areas
- Russia’s Bashkortostan seeks closer industrial cooperation with Belarus
- Russia’s budget expenditures exceed revenues
- PepsiCo ends production of drinks brands in Russia
Wednesday, September 21
- Dire winter scenario issued for EU
- Saudi Aramco chief says Europe’s plans on energy crisis are not helpful
- The U.S. can’t solve Europe’s energy crisis
- Has the EU really ‘solved’ its energy crisis?
- Putin: Sanctions Take Toll on Western States and Poorest Countries
- Russia to push ahead with unifying agenda at UN GA session — Putin
- Donbass republics to vote to join Russia September 23-27
- Donbass wants SCO and BRICS to approve referendums
- Iran plans major Russian gas purchase
- Surge in German imports from Russia
- Germany’s Die Linke on verge of split over sanctions on Russia
- Turkish banks suspend use of Russian payment system
- India, Saudi Arabia Discuss Trading in Local Currencies as New Delhi Moves Away From US Dollar
- Russian 2023-25 budgets planned with deficits of 2%, 1.4%, 0.7% of GDP – Mishustin
Tuesday, September 20
- Putin, Xi and the limits of friendship
- Development of partnership with China is Russia’s unconditional priority — security chief
- Russia, China don’t seek ‘to be in the driver’s seat’ in world affairs – Kremlin
- Donbass republic eyes vote on joining Russia
- Le Pen says France’s participation in anti-Russian sanctions is geopolitical mistake
- Ukraine crisis could lead to collapse of EU – ex-Greek PM
- Romanian ex-FM calls for Ukraine to be broken up
- Lithuania bars entry to Russian citizens with active Schengen visas
- Turkish bank Is bankasi suspends work with Russia’s Mir payment system
- Russian fertilizer offered for free to Africa
- Consumer Imports to Russia begin recovering in Q3
- Russian Industry and Trade Ministry sees no need for parallel imports of pharmaceutical products
- Decision on parallel imports of alcohol may be made by end of Sept, food products not being discussed – Russian minister
- Russian cryptocurrency law should give businesses right to conduct settlements in crypto, details to be determined in practice
Monday, September 19
- Ukraine conflict, energy crisis and ‘colonial’ West: Putin’s latest press conference
- Putin under pressure: what is Russia’s next move?
- US officials admit anti-Russia sanctions aren’t working
- Russian 2022 GDP Decline to be closer to 4% – Central Bank
- Central Bank of Russia cuts key rate 50 bps to 7.5% as inflation slows
- SCO expansion to give region greater security, stability — declaration
- SCO members place emphasis on inclusive reform of WTO, says declaration
- Russia to take part in G20 summit – Putin
- Putin, Erdogan begin talks on SCO summit sidelines in Samarkand
- Bank of Russia sees potential for global payments in central banks’ digital currencies
- 25% of Russian gas supplies to Turkey will be paid in rubles
Friday, September 16
- US and EU step up pressure on Turkey over Russia sanctions
- Russian Central Bank intends to proceed discussing with foreign banks over Mir cards
- Sanctions will not affect operations of Mir payment system and other NSPK services
- Germany seizes control of Rosneft oil refineries
- Vladimir Putin acknowledges Chinese ‘concerns’ over Ukraine
- China, Russia must be more active in helping one another on key issues for both countries – Xi
- US warns China against doing ‘any business’ with Russia
- China will work with Russia as ‘great powers’ – Xi
- Push for unipolar world ‘turning ugly’ – Putin
- Moscow clarifies ‘red line’ for US
- Ukraine To Jail Ethnic Russians In Ukraine Who Apply For Russian Passports
- Sanctions prevent Russia from contributions to UN WFP, UNIDO
- Putin highlights need to strengthen SCO as platform for constructive interaction
- SCO does not seek to become alternative to Western unions: Kremlin
- Lavrov to speak at UN General Assembly session, hold up to 20 meetings
- Russian-Chinese wide-body airliner project at initial phase of designing
- Yandex testing taxi hailing service in UAE
- Estonia to terminate customs cooperation agreement with Russia
Thursday, September 15
- Putin-Xi meeting agenda revealed
- US shale bosses tell Europe: ‘There’s no bailout coming’
- US senators press ahead on Russia ‘terrorism’ bill
- West failed to eject Russia from global economy, says PM
- Russia could extend abolition of cap on market share for retail acquisitions from foreigners until end-2023
- Turkey demands explanation from Kiev over sanctions hit list
- Military-technical cooperation between India, Russia developing steadily
- Kosovo says it will seek EU membership
- EU prolongs individual sanctions against Russia for six months
Wednesday, September 14
- Russia and China agree over ‘new reality’ – Kremlin
- Xi Jinping aims to reassert China’s influence on first foreign trip since Covid began
- Lavrov, several Russian delegates to UN General Assembly obtain US visas
- US inflation rate exceeds forecast
- Putin appoints veteran diplomat as new Ambassador to China
- EU unlikely to cap Russian gas price
- Germany imports less from Russia but pays more
- US imports of Russian metals drop to near-zero
- India restricts rice exports as commodity prices surge
- Grain exported from Ukraine should reach people who need it — UN
- Algeria Wants Russian Investment To Help Boost Its Gas Exports
- Russia ratifies agreement on broader customs cooperation with Belarus
- Foreign investors should be given anonymous access for purchase of Russian digital currency
- NLMK to make direct payments on 2023 Eurobonds to investors through Russian infrastructure
- Aeroflot to launch direct flights from Russia to Cuba in near future
- Tokayev agrees to reinstatement of Astana as capital’s name to constitutional amendments
- Former Accenture division in Russian renamed Axenix
Tuesday, September 13
- Russia to press on ‘until all the goals’ achieved in Ukraine – Kremlin
- Economic blitzkrieg against Russia did not work — Putin
- Monthly figures suggest Russian economy on transition to growth path from stabilization
- Inflation in Russia to total around 12% in 2022
- Spain doubles Russian gas imports
- Norway’s PM Says Price Cap Won’t Resolve ‘Fundamental Issue of Gas Shortage in Europe’
- German recession ‘inevitable’ – Deutsche Bank
- Not all EU countries want to join sanctions against Russia
- Portugal denies ‘golden visas’ to Russians
- The Ukraine war has reached a turning point
- Russia Could be Instrumental in Building Central African Oil & Gas Pipelines
- Iran to sign agreement to join SCO at organization’s summit
- SCO’s Global Role Becoming ‘More Significant’ in the Wake of Ukraine Crisis – India
- Kazakhstan, China to discuss strengthening of strategic partnership in Nur-Sultan
- Chinese leader to visit Uzbekistan; package of agreements being prepared
- Indonesia’s president Joko Widodo to consider ‘all options’ on Russian oil imports
Monday, September 12
- Exposed: The vast pro-Ukrainian ‘bot army’ designed to influence Western policy makers
- Pro-Western Bots Behind Vast Majority of Russia-Ukraine Tweets Studied, New Report Finds
- Western media continues to ignore Ukraine’s public ‘kill list’ aimed at those who question the Kiev regime
- Russian Economic Forum wraps up with billions in deals
- Lebanon to get food aid from Russia
- EU-Russia visa facilitation agreement suspended as of September 12
- EC recommends EU countries review visas already issued to Russians
- Russia welcomes lifting of European Commission restrictions on Russian fertilizer supplies, but ban on supplies to Asia, Africa, Latin America unacceptable – Putin
- US threatens to sanction buyers of Russian oil
- Europe sounds ‘full mobilisation’ after Kremlin shuts key gas pipeline
- EU fails to agree Russian gas price cap
- West to try to set price cap on oil from Russia starting from December 5 — US Treasury
- Russia and China’s growing partnership with the Islamic world spells trouble for the West
- Memorandum on Iran’s accession to SCO to be signed in Samarkand
- Russia ready to cooperate with Baku, Tehran on North-South transport corridor
- Trade turnover of agricultural goods between Russia and Iran could grow 10-15% in 2022
- Azerbaijan, Russia, Iran agree on achieving goal of 30-mln-tonne cargo traffic through North-South transport corridor by 2030
- Putin’s meeting on economic issues to focus on new national budget
Friday, September 9
- Putin to meet with Xi Jinping, other leaders at SCO summit in Uzbekistan
- How Putin held Europe hostage over energy
- Poland and Baltic States to deny entry to most Russians
- Putin opposes tit-for-tat visa restrictions
- Russia looks to compensate holders of frozen foreign assets
- Russian Finance Ministry creating gold, yuan reserves
- US Dollar’s influence on Russian economy will never be the same – Sberbank CEO
- China Yuan growing in popularity in Russia as individuals and banks buy CNY260 billion
- Russia to comply with contracts, but won’t supply oil, gas or coal at a loss — Putin
- US’s gas rescue plan for Europe threatens backlash
- Peak of decline in consumer demand in Russia has passed – Mishustin
- Russia provides aid to LPR, DPR based on UN Charter Article 51 – Putin
- Bankruptcy of German Nord Stream 2 AG suspended until January 2023
- Russia’s draft budget for three-year period will be ‘complex’ – Mishustin
- Soccer: UEFA comments on Russian Euro Participation
Thursday, September 8
- Russian Media Highlights From Putind’s Speech At The Eastern Economic Forum
- Putin speaks about operation in Ukraine, grain deal, Europed’s “wolfd’s tail” at EEF
- Deceiving West and ‘detached’ elites: Highlights of Putind’s speech at Eastern Economic Forum
- Western ‘sanctions feverd’ hurts the world – Putin
- Russia copes with Western economic aggression — Putin
- Ukraine launches US$400bn drive for foreign investment
- Putin tells EU energy exports aren’t guaranteed
- EU has itself to blame for gas crisis – Erdogan
- Vladimir Putin criticises grain deal agreed with Ukraine
- Risk of war with Russia ‘seriousd’ – Poland
- Armenia not scared of secondary sanctions due to cooperation with Russia, says PM
- Russian tourism agency head to discuss launch of e-visas for citizens of 52 countries
- Lithuania’s restrictions for entry for Russians will not apply to passenger rail transit to Kaliningrad
- All main parameters of Power of Siberia 2 deal with China agreed, including price
- Matviyenko urges BRICS countries to develop international reserve currency
Wednesday September 7
- Russia outlines its position on crypto
- Nicaragua may join Russian payment system
- Russia is a European country, but the West’s hybrid war has forced it to turn to Asia
- Enforcing Russian oil price cap is problematic — Washington Post
- Ditching Russian gas no way to reach climate goals – Putin
- Europe will not be able to abandon Russian gas by 2027 — Energy Minister
- Russian ministry proposes to lower tax for strategic resources, difficult hydrocarbon reserves
- En+ Group considering project to build large wind farm in Blagoveshchensk with Chinese partners
- First stage of Arctic LNG 2 to be hauled to Gydan in Aug 2023
- EcoEnergy to develop renewable energy in Russian Far East
- Rosatom to consider possibility of constructing low-capacity NPP in Myanmar
- Russian Post, Skolkovo Ventures form venture to develop drone deliveries
- Russia’s Economic Development Ministry expects GDP to contract 2.9% in 2022, 0.9% in 2023, grow 3% in 2024
Tuesday, September 6
- Russia will not resume gas supplies to Europe until sanctions lifted, says Moscow
- US ambassador leaves Russia
- Eastern Economic Forum Starts in Vladivostok, Russia
- West and Russia will eventually strike a deal – Kremlin
- Euro hits 20-year low and gas prices jump on Russian pipeline shutdown
- A deglobalising world will be an inflationary one
- IAEA to publish report on mission to Zaporizhzhya Nuclear Power Plant on Sept 6
- Security factor to be considered when deciding on Putin’s trip to G20 summit
- Serbia needs to prepare for ‘difficult decisions’ – EU
- The West wants to disarm the ‘powder keg’ of Europe, but it risks igniting it
- EU has to foot the bill for anti-Russia sanctions – ex Italy deputy PM
- Hard on Russia, ‘More Separation’ With EU & Tensions With US: What to Expect From New UK PM
- RusHydro unable to get GE equipment to update six plants in Far East, working on redesign
- Russia has made worrying inroads into Africa
Monday, September 5
- US rules out Russia visa ban
- None of Russian delegates to UN General Assembly received US visa so far
- Estonian PM says will seek full ban on entry by Russians, Belarusians into EU
- US limits chip sales to Russia and China
- Opportunities to circumvent Russian oil price cap will be limited — G7
- G7 Cap on Russian Oil Prices Likely to Boomerang, Hit Western Investors Hard
- Russia won’t export oil to countries that join price cap; will send to other markets
- Novak, Mitsui discuss projects in Russia, intensification of cooperation on investment, technology in energy sector
- Russian, Bahraini energy ministers discuss cooperation in fuel and energy sector
- US poised to relocate bio programs from Ukraine to other ex-Soviet states
- Sanctions offer Russia ‘pleasant surprise’
- Russia to allocate up to $2 bln to Belarus for import substitution
- Kazakhstan may rename its capital back to Astana
Friday, September 2
- EU discloses which Russians will still get visas
- Suspension of EU-Russia Visa Agreement ‘Strikes an Entire People Indiscriminately’
- IAEA nuclear mission crosses into Russian Zaporizhzhya
- Russia Mulls Buying $70 Billion in Yuan, ‘Friendly’ Currencies
- Russia Manufacturing Growth At 7-Month High
- Mitsubishi formally confirms keeping stake in Sakhalin-2 project
- Russia’s VTB to continue operations in Kazakhstan
- Armenian Trade With Russia Raises Re-Export Questions
- China, India Should Unite to Make Asia Future Center of Global Prosperity
- Russia Stages War Games With China, India
- Vostok military exercises indicate that Russia is far from isolated
Thursday, September 1
- Russia shuts down Nord Stream gas pipeline to Europe
- Gazprom boosts gas supplies to China via Power of Siberia by 60% in 8 months
- Gazprom starts designing pipeline to China from Russian Far East
- Russia cuts off gas supply to French energy giant
- Russian AgMin expecting production growth in all main sectors of agriculture in 2022
- Kremlin vows retaliation should EU impose visa restrictions on Russians
- EU rips up Russia visa deal in victory for eastern member states
- In current era, Russia has nobody but itself to rely on — Lavrov
- Poland warns of EU ‘implosion’ over Ukraine conflict
- Luxembourg opposes endless sanctions against Russia
- Russia to spend 72 billion rubles in 3 years supporting demand for cars
- Winter is coming, is it time to move to Russia?
