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The European Union demands Russia cancel or adjusts several measures that are seen by it as violating the World Trade Organization’s (WTO) rules; reports that it allegedly demands Russia pay €290 billion are not true, the press …
The Turkish lira soared, rebounding from a record low reached earlier, after Turkish President Recep Tayyip Erdogan’s government announced extraordinary measures to bolster the currency. The dollar-lira currency pair plunged as …
Ukraine has appealed to the European Union for additional financial aid as the country struggles to meet its obligations, Bloomberg reported. “We have formally requested from the European Commission a long-term, macro-financial …
Russia’s annual inflation accelerated to a near six-year peak of 8.38% in late November, weeks ahead of a central bank meeting where it is expected to raise rates to rein in stubbornly rising consumer prices, economy ministry data showed on …
The European Union will spend 3.5 million euro to return refugees from Belarus to their countries, head of the executive European Commission Ursula von der Leyen said at the European Parliament Plenary on the conclusions of the October …
Russia’s budget surplus in January-October 2021 amounted to 2.14 trillion rubles, according to the statement posted on the website of the Russian Finance Ministry. In October, Russia’s budget surplus reached …
The Taliban radical militant group (outlawed in Russia) announced a complete ban on the use of foreign currency in Afghanistan on Tuesday, a move sure to cause further disruption to an economy pushed to the brink of collapse by the abrupt …
Tesla CEO Elon Musk just reached an unprecedented levels of wealth, according to Forbes. Following the announcement that the rental car company Hertz was set to add a fleet of 100,000 Tesla vehicles, Tesla's stock …
The European Commission, on behalf of the EU, has today disbursed 600 million euro in macro-financial assistance (MFA) to Ukraine, according to the EC website. "This is the second and final tranche under Ukraine's current MFA …
Kazakhstan’s central bank delivered its third consecutive interest-rate hike as inflation accelerated in Central Asia’s largest energy producer. The National Bank raised the key rate by 25 basis points to 9.75%, it said in a …
Deputy U.S. Treasury Secretary Wally Adeyemo said he sees no situation where the Taliban movement (prohibited in Russia), who regained power in Afghanistan in August, would be allowed access to Afghan central bank reserves, which are largely …
Afghanistan’s electricity corporation, Da Afghanistan Breshna Sherkat (DABS), has requested $90 million from the United Nations Assistance Mission in Afghanistan (UNAMA) to close the country’s debt to foreign electricity supplies, a …
Russia’s labor market has generally regained pre-pandemic indices, Russian Minister of Labor and Social Protection Anton Kotyakov said on Thursday on the sidelines of the Eastern Economic Forum (EEF). "Russia’s Federal …
Georgian Prime Minister Irakli Garibashvili has announced that the government has decided not to take the second tranche of an EU loan as 'we are trying to reduce foreign debt'. "We took part of the loan in 2020. The …
Russia’s public debt increased by 1.48 trillion rubles for the first half of 2021 and amounted to 20.4 trillion rubles, the Accounts Chamber said in its report on execution of the federal budget for January-June 2021. …
Georgia has exported 19 tonnes of peaches and nectarines worth $17 million from May 1 to July 25, which is 6.3 tonnes more than in the same period of last year, the Ministry of Agriculture of Georgia announced. The ministry says …
Holders of Mir cards can use Apple Pay starting from Tuesday, according to press service of the payment system. Every Apple Pay transaction is secured by innovative iPhone technologies. Payment is available for iPhone and Apple Watch …
Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at …
The European Union concluded that the U.K. owes it 47.5 billion euros ($56.2 billion) as part of the Brexit settlement, a higher figure than the U.K. had originally estimated. The EU assessment, which was published in a budget …
Russia is holding a leading position among the Group of Twenty (G20) countries in terms of budget stimulation, and the fiscal impetus in the country was 6.3% of GDP in 2020, Finance Minister Anton Siluanov said in the article posted in the …
