Source link The chief of the US-led bloc has reportedly suggested a five-year, $107 billion plan to provide Kiev with weapons Ukraine should be able to enjoy a stable stream of Western arms supplies in the long term rather than relying on voluntary donations, NATO Secretary General Jens Stoltenberg has said. Speaking ahead of the […]
Source link Prosecutors in Vietnam are accusing Truong My Lan of orchestrating an embezzlement scheme that caused more than $20 billion in damages A property tycoon in Vietnam could face the death penalty in a corruption trial over alleged fraud that is considered the largest in the Southeast Asian nation’s history, according to local media […]
Source link Brussels needs and an “emergency mechanism” in case its plan to fund Kiev with Russia’s money backfires, according to an EU official While Brussels is searching for legal loopholes to send frozen Russian assets to Ukraine, it must keep some of the cash as a “safety buffer,” should its clearing house Euroclear get […]
Source link Today’s Western leaders exhibit a strange mix of self-assuredness and anxiety that’s characteristic of those defending the status quo during times of sweeping change US Treasury Secretary Janet Yellen has become the latest to add her voice to the growing chorus of Western officials calling for the seizure of Russia’s $300 billion in […]
Source link Policies enacted by the US and EU have discredited the Western banking system and currencies, according to the Russian president The West is discrediting its own currencies and banking system, Russian President Vladimir Putin said in his annual address to the Federal Assembly on Thursday, adding that the established monopolies and stereotypes in […]
Source link Nearly half of parents with young children in England have had to incur debt to pay for childcare, a survey has found Having a child in England has become “financial suicide” for many families as unaffordable childcare costs are driving parents into debt or even abortion, according to a report by the campaign […]
Source link The seizure of the country’s reserves would jeopardize the “immunity” of national assets worldwide, Elvira Nabiullina warns The global financial system would be disrupted if Brussels and Washington go through with threats to use Russian sovereign assets to help Ukraine, the head of the Bank of Russia, Elvira Nabiullina, warned on Friday. Nabiullina […]
Source link Berlin reportedly wants to slash its contributions to the European Peace Facility, citing its generous unilateral aid to Kiev Bickering among European Union member states over the way the European Peace Facility operates could delay weapons shipments to Ukraine, the Financial Times has claimed. Germany is reportedly seeking to reduce its share in […]
Source link The seizure of Moscow’s assets would be seen as a “very dangerous precedent” by US partners, Konstantin Kosachev has said A White House proposal to seize frozen Russian funds and use them to help Ukraine is not only illegal, but also incredibly dangerous, as it could shatter the entire global financial system, according […]
Source link The collapse of Austrian magnate Rene Benko’s Signa Holding triggers rising regulatory concerns Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews In the vast expanse of finance, few narratives unfold with the dramatic cadence of Austrian magnate Rene Benko’s ascent and […]
Source link Deliveries through Slovakia have diminished by more than 70% since the onset of the Ukraine conflict Slovakia has lost more than two-thirds of the income it used to generate on the transit of Russian natural gas, according to a financial results report published this month by the country’s gas transmission network operator Eustream. […]