Dear members,

Please kindly refer to the AEB Daily Update below.

Exchange rate

$: 75,92 RUR ⇓
€: 89,05 RUR ⇑
¥: 10,86 CNY ⇓

О&G prices

Brent (barrel): $ 65,97 ⇑
Urals (barrel): $ 54,76 ⇓
Natural Gas: $ 5,27 ⇓

Key rates

CBR:16% ⇓
ECB: 2,65% (fixed rate) ⇓
FED: 3,5-3,75% (actual) ⇓

Politics

Putin: Instead of global warming, a cold snap may occur

23.01.26 | Instead of global warming, a cold snap may occur, but Russia will still explore the Arctic. This was announced on January 23 by Russian President Vladimir Putin at a meeting with students and graduates of the Moscow Institute of Physics and Technology.

Results of the trilateral talks in Abu Dhabi

25.01.26 | The first trilateral talks between Russia, Ukraine and the United States on the terms of a future peace agreement were held in Abu Dhabi. Despite the lack of progress in resolving the territorial issue, all parties do not consider the meeting to be inconclusive and intend to continue it on February 1.

Economy

The efficiency of cost management in the electric power industry has been proposed to increase

23.01.26 | The Ministry of Energy has submitted a draft law aimed at creating conditions for accelerated and synchronous development of electric power facilities and improving cost management efficiency at all stages of the life cycle of these facilities.

Central Bank: a sharp reduction in the key rate will accelerate inflation

23.01.26 | A sharp reduction in the key rate may significantly accelerate inflation, said Alexey Zabotkin, Deputy Chairman of the Central Bank, answering questions on the regulator's Telegram channel.

Central Bank: In most regions, inflation in 2025 reached its lowest level in 5 years

23.01.26 | In most regions of Russia, inflation for 2025 turned out to be the lowest in the last five years, representatives of the Central Bank reported. Having provided such statistics, the Bank of Russia expressed its intention to maintain monetary conditions in the country that would contribute to the return of inflation to 4%.

Business

Sheremetyevo has applied to participate in the auction for the sale of Domodedovo

25.01.26 | Perspektiva LLC, a subsidiary of Moscow Sheremetyevo Airport, has submitted an application for participation in the auction for the sale of Domodedovo Airport, the airport's press service reported.

Society

Sheremetyevo Airport announced an experiment on passenger registration using biometrics

25.01.26 | On June 1, an experiment on boarding passengers on a plane without a passport will take place in Russia. According to the airport, the experiment will be carried out on flights of the Aeroflot airline on the route Moscow — St. Petersburg (Pulkovo) — Moscow.

The Ministry of Foreign Affairs proposed to oblige Russians living abroad to report on a residence permit

23.01.26 | The Russian Foreign Ministry has prepared a draft law that proposes to oblige Russians living abroad to report on their foreign citizenship and residence permit 60 days after receiving the document.

Senator Gumerova announced an increase in demand for engineering and technical specialties

23.01.26 | Demand for engineering and technical specialties is growing in Russia, said Lilia Gumerova, Chairman of the Federation Council Committee on Science, Education and Culture.

International

The White House believes that Europe is slowly killing itself

24.01.26 | Stephen Miller, Deputy Chief of Staff of the White House, believes that US President Donald Trump's criticism of European countries during the World Economic Forum in Davos is due to the fact that Europe is slowly killing itself.

Volodin sent a bill to the relevant committees on strengthening control over foreign agents.

24.01.26 | It is proposed to establish a requirement for credit and financial organizations, as well as authorities, to provide information on the financial and economic activities (including all transactions and accounts) of foreign agents (individuals and legal entities) using electronic interaction systems, within no more than three days from the date of receipt of the Ministry of Justice's request.

Higher education reform project extended until 2030

23.01.26 | A pilot project on higher education reform has been extended in Russia until 2030, and 11 more higher education institutions have been included in it. The corresponding decree was signed by Russian President Vladimir Putin.

The Interior Ministry proposed updating the terminology in the law on freedom of movement

23.01.26 | The Russian Interior Ministry wants to amend the law on freedom of movement, summarizing the list of accommodation facilities. The draft law was published on January 23 on the portal of draft regulatory legal acts for public discussion.

The State Duma may consider draft laws on migration policy in February

23.01.26 | The State Duma may consider in February in the first reading a number of bills related to improving migration policy. This follows from the draft resolution submitted to the State Duma on January 23.

The Central Bank may differentially approach the storage of data on violations of individuals

23.01.26 | The Central Bank may set the retention period of information about citizens in databases depending on the number of violations. With this approach, data that has been added to the database for the first time can be stored, for example, for one year.

Trump threatens Canada with 100% tariff over pending trade deal with China

25.01.25 | U.S. President Donald Trump said on Saturday he would impose a 100% tariff on Canada if it follows through on a trade deal with China and warned Canadian Prime Minister Mark Carney that a deal would endanger his country.

India to slash tariffs on cars to 40% in trade deal with EU, sources say

25.01.25 |India plans to slash tariffs on cars imported from the European Union to 40% from as high as 110%, sources said, in the biggest opening yet of the country's vast market as the two sides close in on a free trade pact that could come as early as Tuesday.

China willing to work with UK to boost economic ties, ministry says

23.01.25 | China is willing to work with Britain on the basis of mutual respect to promote economic ties and a favourable business environment, the Chinese Foreign Ministry said.

EU's Costa arrives in India to seal trade pact

24.01.25 | European Council President António Costa arrived in India on Sunday, as the EU and New Delhi seek to seal a free trade pact, capping nearly two decades of negotiations between the economic behemoths.

Macron says France to fast-track social media ban for kids under 15

24.01.25 | French President Emmanuel Macron said Saturday that he wanted to expedite a national law banning social media access for children under the age of 15, the latest in a wave of efforts worldwide to curb the use of social media by young people.

UK to create new 'British FBI' police service

24.01.25 | Britain's government said on Saturday it will create a new National Police Service, described as a "British FBI", to modernise policing and deal with terrorism, fraud, organised crime and other complex criminal activity.

EU FAQ: Nord Stream Transaction Ban

23.01.25 | The European Commission’s (DG FISMA) updated FAQ explains that Article 5af of Regulation (EU) No 833/2014 prohibits EU operators from engaging in any transactions, including services, goods or financing, related to the completion, operation, maintenance or use of the Nord Stream and Nord Stream 2. Functional inspections are covered, limited derogations may be authorised by national authorities, Member States remain competent for authorisations within their jurisdiction.

EU FAQ: Provision of Services

22.01.25 | The European Commission’s (DG FISMA) updated FAQ explains the scope of the prohibition under Article 5n of Regulation (EU) No 833/2014 on providing services to the Russian government and Russian entities, clarifying covered services, ownership and control criteria, and applicable exceptions.

Best regards,

Tadzio Schilling,
Chief Executive Officer
Association of European Businesses

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