The influx of foreign investors into Russian government securities has sharply declined: by the end of June, their share in the Russian government debt market had effectively ceased to grow, said Elizaveta Danilova, head of the Bank of Russia’s financial stability department.

According to her, on 29 June, non-residents owned 30.1% of the federal loan bond market, as opposed to 30% at the start of the month.

The data comes from the National Settlement Depository, and may not take into account …

The newly proposed provisions of Russia’s law “On the national payment system” could result in the international payment system (IPS) wrapping up its activity in Russia, and Russian citizens being unable to use their cards abroad, writes Kommersant. Within Russia, cards belonging to foreign credit institutions may no longer be accepted. Russia’s State Duma will consider the second reading of the law on 23 July.

The amendments themselves are supposedly meant to maintain the continuity of card …

A new round of Russian-Japanese peace treaty negotiations has come to nothing. Since the end of World War II, a peace treaty between Japan and Russia, as the legal successor to the Soviet Union, has still not been signed. A declaration that the state of war between the counties has ended was signed in 1956.

Until now, Japan has demanded that Russia return the southern islands of the Kuril chain – Iturup, Kunashir, Shikotan and Habomai. In negotiations on 14 July, Russia refused to even discuss …