Dear ,

Please kindly refer to the AEB Daily Update below.

Exchange rate

$: 77,82 RUR ⇓
€: 91,19 RUR ⇑
¥: 11,16 CNY ⇑

О&G prices

Brent (barrel): $ 64,69 ⇑
Urals (barrel): $ 55,73 ⇑
Natural Gas: $ 3,87 ⇑

Key rates

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

Politics

Putin will hold a meeting on issues on a direct line

20.01.26 | Russian resident Vladimir Putin will hold a meeting with the Cabinet of Ministers on January 21. The main topic will be citizens' questions voiced in the Results of the Year program

Mishustin reported on the historical record in trade with friendly countries

20.01.26 | Shipments to friendly countries in 2025 accounted for 86% of total Russian exports, which is a record figure. This was announced by Russian Prime Minister Mikhail Mishustin at a meeting on the development of foreign economic activity.

Volodin announced the government's report to the State Duma on work in 2025

20.01.26 | The Russian Government's report to the State Duma on its work in 2025 will be held in the last week of February, said Chairman of the State Duma Vyacheslav Volodin.

Economy

The Kremlin is not afraid that inflation in the Russian Federation will not be able to keep within 4-5%

20.01.26 | The Kremlin is not yet concerned that inflation in the Russian Federation will not be able to keep within the forecast range of 4-5%, the Central

The regions of the Russian Federation earned almost 5 billion rubles due to the introduction of the tourist tax

20.01.26 | About 5 billion rubles were additionally earned by the budgets of the regions of the Russian Federation in 2025 due to the introduction of a tourist tax. Alexey Volotskov, a member of the State Duma Committee on State Construction and Legislation, told TASS about this.

The Foreign Economic Activity Personnel project showed record growth rates and exceeded plans 4 times

20.01.26 | The demand for training foreign economic activity specialists in Russia exceeded expectations four times in the first year of the program. This is stated in the materials of the Cabinet of Ministers, and it was also recalled that in conditions of a shortage of such specialists, a comprehensive training program was launched in 2025.

HSE has released a new digest on responsible business conduct

20.01.26 | The Laboratory of Responsible Business at the National Research University Higher School of Economics has prepared the January issue of a digest on the practices of ECG-rating leading companies.

Business

A unique automated hub will be built in the Moscow region

20.01.26 | The project provides for the use of a fully automated cargo storage and handling system to reduce the time of warehouse operations due to accelerated pallet processing and increase storage density by placing cargo on 25-30 levels.

The state could not sell Domodedovo the first time

20.01.26 | The first auction for the sale of Domodedovo airport at an initial price of 132.26 billion rubles. failed: only one bid was submitted, which was not allowed to be traded. The government was interested in the early sale of the asset, which was of interest to the relevant players.

Developer Ingrad has put up for sale land in the Moscow region for 5.2 billion rubles

20.01.26 | Developer Ingrad, which was acquired by Sminex, has put up for sale a land bank worth 5.2 billion rubles in the Moscow region, the report says.

Society

Pamfilova told what kind of elections will be held in Russia in 2026

20.01.26 | More than 2,000 election campaigns at various levels, including elections of senior regional officials, elections of deputies to local parliaments and elections to the State Duma of the Russian Federation, are scheduled for 2026, Chairman of the Central Election Commission of Russia Ella Pamfilova.

International

The United States will reduce its participation in 30 NATO mechanisms

21.01.26 | As The Washington Post reported, citing its own sources, this is a new step by the administration of American President Donald Trump in reducing the military presence of the United States in Europe.

Moldova has launched the procedure of withdrawal from the CIS

20.01.26 | Moldova has launched the procedure of secession from the Commonwealth of Independent States, said the Minister of Foreign Affairs of the Republic Mihai Popsoi.

Chinese authorities will allocate $71.4 billion to stimulate investment and consumption

20.01.26 | The Chinese government has unveiled a number of measures to stimulate domestic investment and consumption for 2026-2030. The plan includes a special program of guarantees for private investment loans and interest subsidies for consumer loans.

The State Duma approved in the first reading the transfer to the Ministry of Finance of the powers of control in the field of mining

20.01.26 | The State Duma adopted in the first reading a draft law on the transfer to the Ministry of Finance of the Russian Federation of part of the powers to control the turnover of digital currency.

The concept of "E-mail address" will be fixed in Russian legislation

20.01.26 |This follows from the National Model of Targeted Business Conditions, which was approved by the Government at the end of last year. The consolidation of the concept of "e-mail address" will allow companies to use an e-mail address on "Gosuslugi" instead of a physical one as the main method of communication.

The State Duma adopted in the first reading a bill on speeding up forestry work

20.01.26 | At the plenary session, the State Duma adopted in the first reading a bill aimed at speeding up and streamlining forest management work on forest fund lands.

Changes in the preparation of consolidated financial statements have passed the first reading

20.01.26 | The State Duma adopted in the first reading a bill providing for changes in the procedure for preparing consolidated financial statements for some financial market organizations. The document was initiated by the Government of the Russian Federation.

China receives US invitation to join Trump’s Gaza Board of Peace

20.01.26 | China has been offered to join Donald Trump’s proposed Board of Peace for Gaza, as the US president heads to Davos to advance his plan for the Palestinian enclave.

Wall Street’s calm shattered by Greenland and Japan shocks

20.01.26 | For weeks, the talk on Wall Street was how markets have been unusually subdued at the start of the year. But with a clash over Greenland throwing the European and American alliance in disarray and Japanese bonds plunging, the calm is breaking.

Dollar hits two-week low as tariff threats stoke volatility

20.01.26 | The dollar fell to its lowest level in two weeks and currency hedging costs climbed as President Donald Trump showed no signs of backing down in his campaign for control of Greenland and threatened new tariffs on France.

UK businesses forced into liquidation rise to highest since 2012

20.01.26 | The number of UK firms forced to liquidate rose to the highest level in more than a decade last year, as higher taxes and a challenging economic outlook weighed on businesses.

German investor optimism jumps to highest in over four years

20.01.26 | German investor optimism surged to its highest level since mid-2021 as a spending push by the government helps pull the struggling manufacturing sector out of a malaise.

EU finance ministers discuss trade tool use against US threats

20.01.26 | European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.

Alignment with EU Restrictive Measures

20.01.26 | EU issued statements confirming that several third countries have aligned themselves with recent EU Council Decisions adopted in December 2025 amending existing Russia-related restrictive measures.

Hungary Government Decree 390/2025 (XII. 10.)

20.01.26 | Decree updates Hungary’s export licensing for certain items. It makes compliance with sanctions stricter, extends authorization deadlines, simplifies reporting, and strengthens oversight by authorities. The decree also allows licenses to be revoked and fines to be imposed for breaches, while keeping the rules in line with EU regulations.

Brindisi Seized ship and metal cargo

17.01.26 | Italian authorities seized a vessel and its cargo of ferrous metal. The action was taken under EU Regulation 833/2014 as part of Russia‑related sanctions.

Indian businessman sentenced in U.S. for export violations

16.01.26 | An individual from India was sentenced in the United States to federal prison and supervised release for conspiring to export controlled components in violation of U.S. export control laws related to Russia.

EU updates FAQs ahead of Russia oil price Cap change

15.01.26 | EU updated its FAQs following the announcement of the Russian oil price cap under Regulation (EU) 833/2014. The EU oil price cap is set and periodically reviewed based on market prices, with mechanisms to adjust it over time.

Italy implements EU sanctions directive

09.01.26 | Italy’s Legislative Decree n. 211/2025, transposing Directive 2024/1226/EU on criminal offences for breaches of EU restrictive measures, will enter into force on 24 January 2026.

Best regards,

Tadzio Schilling,
Chief Executive Officer
Association of European Businesses

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