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RUSSIA EXTENDS FLIGHT BAN ON 11 SOUTHERN AND CENTRAL AIRPORTS REGION

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RUSSIAN FEDERAL AIR TRANSPORT RESTRICTS 11 FLIGHTS TILL MAY 1ST SOUTHERN AND CENTRAL AIRPORTS  BANNED TILL MAY Russia extends ban on it's flights to the southern and Central airports totalling eleven in count ,reports. Russian Federal Air Transport Agency, extended restrictions on flights to 11 airports in the central, and southern regions of Russia. The ban will be in effect until May 1.  “The temporary flight restriction regime at 11 Russian airports has been extended until 03:45 Moscow time on May 1, 2022. Flights to the airports of Anapa, Belgorod, Bryansk, Voronezh, Gelendzhik, Krasnodar, Kursk, Lipetsk, Rostov-on-Don, Simferopol and Elista are temporarily restricted. The agency recalled that since February 24, the Russian authorities have closed part of the airspace in the southern regions for civil aviation aircraft as part of a special operation. Minister of Resorts and Tourism of the Peninsula Vadim Volchenko said earlier that there is a shortage of tickets for train...

DOLLAR AT THE MERCY OF ROUBLE - RUSSIAN CENTRAL BANK FLOATS OWN PAYMENT ANALOGUE SWIFT

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12 NATIONS JOINED RUSSIAN ANALOGUE (SWIFT) RUSSIA ANTI-SANCTION MOVE TO STRENGTHEN ECONOMY The Head of Central Bank of Russia Elvira Nabiullina made an announcement in the Duma State’s Joint Committee Meeting that 52 Foreign Organization from 12 countries have joined the Russian Analogue (SWIFT) Russia’s Central Bank Head Elvira said “Now SPFS users are 52 foreign organizations from 12 countries,” confirmed by RIA news The Russian News Media Agency RIA confirms that 50 foreign organizations aggregates in unity with the Russian Financial Messaging System Eleven thousand plus participants from across the globe are connected to the international interbank system for transferring information using SWIFT payments. The sanctions arrow compelled the Russian Central Bank to work-out for alternatives of exchanging financial communications authenticating monetary transactions. The European Union alienated seven Russian banks - VEB.RF, VTB, Otkritie, Sovcombank, Rossiya, Novikombank, and Promsvya...