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Tag: Western sanctions

Russian Bank Defies Sanctions with New Crypto Payments System

Rosbank launches a cross-border crypto payments system, defying sanctions. The bank is currently conducting test transactions with private and corporate clients. This move marks...

ICYMI: Oil – Wall Street Journal says “Tensions are rising between Saudi Arabia & Russia” | Forexlive

The Wall Street Journal (gated) cites unnamed sources for the info:Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries,...

Russia’s Invasion of Ukraine Threatens Global Food Security

Last summer, the United Nations and Turkey brokered a breakthrough accord between Ukraine and Russia. It has not only aimed to ease tensions but...

Arms industry takes center stage in Turkey’s tense election campaign

ANKARA — Turkey’s defense-industry ambitions have taken center stage in a polarized campaign here, as 60 million Turks prepare to cast their votes in...

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

Fiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in...

Week Ahead – All eyes on China’s GDP, UK CPI, Flash PMIs, and Earnings

US The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain...

Paramount to make blades for Africa’s Mi-type helicopters in UAE

Milan, Italy – South Africa’s Paramount Group is gearing up production of composite blades for Mi-type helicopters with the establishment of a production facility...

Numbers about Russia’s economy

Based on the data, Russia’s economy is projected to shrink by about 2 percent in 2022 — a low drop that would suggest a...

Sanctions further delay Russian missile early warning program in space

MOSCOW — Russia launched its sixth Tundra early warning satellite in November and has four more to go before reaching its goal of 10...

Wheat Import From Russia Initiated Through Gwadar Port

Gwadar Port Authority (GPA) Chairman Pasand Khan Buledi March 2 said the import of wheat from Russia had started through the Pakistani port of...

Canadian Natural Resources gained less than expected in Q4

Canadian Natural Resources Ltd (CNQ.TO) suffered in the last quarter of 2022. On Thursday, the data showed that the company missed investors’ expectations for...

Russian Ransomware Projects Rebranded to Avoid Western Sanctions: Report

Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in 2022 to avoid sanctions from Western countries. According...

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