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The EU will fund reconstruction of Ukraine in the future only in exchange for reforms in this country, European Commission head Ursula von der Leyen said at a press conference after the EU Summit Tuesday. According to the EU official, …
Britain’s Treasury chief Rishi Sunak said the government would introduce a 25% temporary windfall tax on the profits of oil and gas firms. The tax is expected to raise around 5 billion pounds ($6.3 billion) over the next year to …
The European Union froze some 10 billion euros worth of assets belonging to Russian businessmen as part of its sanctions over the situation in Ukraine, the DPA news agency said on Wednesday, citing data from the European Commission. …
US President Joe Biden signed a bill providing Ukraine with $40-bln aid, the White House informs. The law provides for "additional emergency allocations to federal agencies to respond to the situation in Ukraine and to provide …
Russia may receive a record $100 billion for gas supplies to Europe this year against the backdrop of surging prices for the blue fuel, claims a columnist for the French newspaper Les Echos, citing data from Citi analysts. …
The US authorities are ready to fully block Russia’s ability to pay U.S. bondholders after a deadline expires next, Bloomberg reported citing sources. "The Treasury Department’s Office of Foreign Assets Control is …
Wildberries, the largest online retailer in Russia, has opened the company's first logistics center in Armenia, the company said today in a press release. According to the company, this allows local companies to use the online …
Turkey's online shoe store FLO and an American fitness footwear and clothing manufacturer Reebok have signed a cooperation deal: the new owner now has 100 Reebok stores in Russia. The Russian-Turkish deal's three …
EU foreign policy chief Josep Borrell said on Friday the bloc would provide a further 500 millions euros worth of military support to Ukraine and that he was confident a deal could be reached in the coming days to agree an embargo on Russian …
Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to …
A package of Japanese sanctions against Russia due to the situation around Ukraine, concerning the freezing of the assets of Sberbank and Alfa-Bank, came into force on Thursday. A ban for Japanese individuals and legal entities on new …
The US Department of the Treasury has supplemented its sanction lists with 33 more Russian individuals, 22 companies and 69 ships flying the Russian flag. According to a press statement released on Sunday, the sanctions apply to Moscow …
The depreciation of the Japanese yen has recently been attracting wide attention
Iran and Azerbaijan have reached agreement to continue the construction and operation of the Khudafarin and Giz Galasi hydro junctions and hydroelectric power plants over the Araz River on the border between the two countries, according to …
Armenian banks have promised the US to support anti-Russian sanctions, US Ambassador to Yerevan Lynn Tracy told the Armenian Hraparak newspaper. It is noted that about a month ago, the diplomat met with the heads of Armenian banks, …
There are no restrictions on the transfer of funds in rubles by Russian residents to accounts opened in foreign banks, the Central Bank informs. Since March 1, residents of Russia have been banned from transferring foreign currency to …
Russian Finance Minister Anton Siluanov has called the information spread by CNN about Russia defaulting on its foreign debt "incorrect". He elaborated that questions about why investors, including Americans, did not receive …
Banks in Britain have warned the government that a plan to ban all Russians from holding more than 50,000 pounds ($65,430) in their accounts is illegal and unworkable, sources said. There are currently more than 70,000 Russian-born …
Apple is planning to cut the output of its iPhone and AirPods devices as the Ukraine crisis and looming inflation start to weigh on demand for consumer electronics, the Nikkei reported on Monday, citing sources. The company plans …
Russia has rescheduled payments under Russian government loans for five to six years, Belarusian Finance Minister Yuri Seliverstov said. "It was proposed to reschedule some payments for more comfortable dates that are mutually …
