Source link Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews In a stellar display of strategic brilliance, the European Union is preparing to launch another wave of sanctions against Russia, this time targeting Moscow’s diamond exports and taking a desperate swing at Gazprombank. […]
Source link Millions of households in the country are reportedly struggling to cope with soaring bills Millions of UK households have been resorting to ‘desperate measures’, such as turning off their fridges or freezers, in order to cope with the cost-of-living crisis, according to a new study by the Joseph Rowntree Foundation (JRF) charity. Cited […]
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. […]
Source link The Industrial and Commercial Bank of China (ICBC) paid a ransom after it suffered a cyberattack against some of its US-based systems last week, LockBit, the hacking group behind the attack, claimed on Monday, according to media reports. The breach of the country’s largest global lender by total assets, which was disclosed on […]
Source link The ruble has been bolstered by a recent key rate hike and increased sales of foreign earnings by exporters The Russian ruble continued to strengthen against major currencies on Tuesday, surging to a five-month high, trading data from the Moscow Exchange (MOEX) showed. The currency had risen to 90.5 rubles to the US […]
Source link US tech giant Apple will allow iPhone users in the EU to download applications hosted outside of the firm’s official App Store to comply with the bloc’s regulations, industry website MacRumors reported on Monday, citing Bloomberg chief correspondent Mark Gurman. According to the report, Apple will introduce a “highly controlled system” that will […]
Source link The price cap on Russian oil introduced by the G7 and EU is being completely ignored, as almost no seaborne crude cargos have been traded below the $60-a-barrel limit, the Financial Times reported on Tuesday, citing Western officials and Russian export data. The mechanism, which was put in place to reduce Moscow’s export […]
Source link Being part of the group may be beneficial for the country’s economy, Prabowo Subianto says Indonesia could join the BRICS economic group, presidential candidate Prabowo Subianto told reporters on Monday during a campaign speech on foreign policy strategy. According to Subianto, who currently serves as defense minister, there is no reason for his […]
Source link They will include new export bans and restrictions on Russian diamonds, according to the bloc’s foreign policy chief Brussels is finalizing the “last details” of the 12th package of Ukraine-related restrictions against Moscow, foreign policy chief Josep Borrell told reporters following a meeting of EU foreign ministers on Monday. According to Borrell, the package […]
Source link The government has raised nearly $8 billion in liabilities since October 7, according to the Finance Ministry Israel has raised about 30 billion shekels ($7.8 billion) in debt since the start of the conflict with Palestinian militant group Hamas, the country’s Finance Ministry revealed on Monday. According to the ministry, $4.1 billion of […]
Source link The escalation of the Gaza conflict has sparked calls to shun goods linked to the Jewish state Lidl supermarkets have come under fire in France for allegedly trying to disguise the origin of products from Israel, local media reported over the weekend. According to the reports, French netizens have spotted Lidl labeling Israeli […]
Source link The Aurus Senat will be the first Russian vehicle to be assembled in the Arab country and will later be joined by the Aurus Komendant SUV Russia has started to assemble the domestic luxury car brand Aurus in the United Arab Emirates, Deputy Prime Minister Denis Manturov announced on Sunday. Production started with […]
Source link Emissions from the superchilled gas are nearly four times higher than carbon, research has found Liquefied natural gas (LNG) – which Germany has been increasingly using to cope with the energy crisis since the cut in Russian gas supplies – could be much worse for the environment than burning coal, Welt reported on […]
Source link Kiev will have to purchase arms directly from French manufacturers, according to Sebastien Lecornu France plans to stop sending weapons to Ukraine from its own arsenal and will instead allow Kiev to buy arms directly from the country’s manufacturers through a support fund, French Minister of the Armed Forces Sebastien Lecornu said on […]
Source link Moscow has set out its plans for cooperation with key allies in the region for the next 15 years, Gazprom’s CEO has said Russia is seeking long-term cooperation in natural gas supplies with Kazakhstan and Uzbekistan, Gazprom CEO Aleksey Miller has revealed. Until recently, Russia’s dealings with its Central Asian allies could be […]