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  • RUSSIAN PRESIDENT VLADIMIR PUTIN ORDERED TO EXTEND THE BAN ON CHECKS OF SMALL BUSINESSES UNTIL THE END OF 2021

    RUSSIAN PRESIDENT VLADIMIR PUTIN ORDERED TO EXTEND THE BAN ON CHECKS OF SMALL BUSINESSES UNTIL THE END OF 2021

    World News

    The President of Russia Vladimir Putin instructed the Government to extend the ban on scheduled inspections of small businesses until December 31, 2021 following an expanded meeting of the Presidium of the State Council.

    At the same time, it is explained that the ban will not apply to tax and customs control and control in the financial and budgetary sphere. Also, inspections of all types of activities and objects of control with a high risk of harm to the life and health of citizens, and emergencies will not be suspended. The changes will not affect the participants in the budget process.

    A moratorium on scheduled inspections of SMEs was introduced in Russia in March 2020 in connection with the coronavirus pandemic. In June, the Prime Minister Mikhail Mishustin extended the ban on inspections of SMEs.

    Lenta.ru. Photo: Alexander Koryakov / Kommersant

    THE U.S. ECONOMY PREPARED TO SHOW SENSATION FIGURES

    THE U.S. ECONOMY PREPARED TO SHOW SENSATION FIGURES

    World News

    The US economy, according to experts, grew by 30 percent in the third quarter, which is a post-war record. Bloomberg writes about it.

    According to analysts interviewed by the publication, the government is preparing to announce at the end of October these figures and the sensational pace of economic recovery. The unemployment rate, which peaked at 13 percent in June, is projected to reduce to 6 percent by the end of 2021.

    Economists explain such indicators by easing quarantine measures and the fact that the US Congress and the Federal Reserve System came to the rescue with unprecedented fiscal and monetary assistance. They plan to introduce new support measures in November.

    Photo: Wang Ying / XinHua / Globallookpress.com