Category: economy

Shares in the world rose in price amid the start of negotiations between Ukraine and Russia – Associated Press

In particular, oil prices rose by 7%. Global stocks rose in price today due to the start of the next round of talks between Russia and Ukraine. This was reported by the Associated Press. In particular, oil prices gradually rose by 7%. “There is still uncertainty in the markets, as investors are trying to estimate…

The National Bank reacted to the introduction of the ruble in the temporarily occupied territories of Ukraine

This is a violation of Russia's norms of international law – the NBU. The National Bank reacted angrily to the restriction of the turnover of cash and non-cash hryvnia, as well as the introduction of the Russian ruble in areas that are temporarily under threat of occupation, in particular the Zaporozhye and Kherson regions. The…

Hong Kong airline decides to fly over Russia on the world's longest route – Bloomberg

Hong Kong is not on the list to whom Russia has closed the skies. Consequently, the state voluntarily decided to fly away from Russia. The world's longest passenger route may appear in the world due to Hong Kong's intentions to fly away from Russian airspace. This was reported by Bloomberg. “The world's longest passenger flight…

The British government has recommended terminating contracts with Russian and Belarusian companies as a matter of urgency

An appropriate document has been developed. The British government calls on all public sector organizations to urgently review and preferably terminate contracts with Russian and Belarusian companies. This is stated in the published recommendations of the British government, said Chancellor of the Duchy of Lancaster Steve Barkley. The recommendations state that government agencies, including government…

The G7 will not pay Russia for gas in rubles. Moscow is beginning to threaten

Putin again failed to divide his allies. The G7 countries will not pay Russia for gas in rubles. This was stated by Vice Chancellor and Minister of Economy and Climate Protection of Germany Robert Habek, reports Reuters. “All G7 ministers have agreed that this is a unilateral and blatant breach of existing contracts,” Gabek said.…

Cyprus has obliged lawyers to provide information about clients from the Russian Federation

This makes it impossible for Russian companies or individuals to try to conceal assets that should be subject to sanctions. The All-Cyprus Bar Association of Lawyers of the Republic of Cyprus requires its members to carefully assess the risks of their clients in accordance with the sanctions imposed on Russia, to take immediate measures and…

Russia has found two ways to intervene in foreign stock markets

This allows the aggressor to replenish the treasury for warfare. Russia now uses stock and stock markets as instruments of economic terrorism against civilized countries and global financial markets, Alexander Koshevoy wrote in an article for ZN.UA. “In the civilized world community, economic sanctions consist of restrictions on the circulation of financial instruments issued by…

Ukraine will not agree to pay for the transit of gas in rubles – Galushchenko

The EU must first agree to such an option. Ukraine will not agree to pay for the transit of Russian gas in rubles , said in an interview with “Economic Truth” Energy Minister Herman Galushchenko. “We will not switch to rubles. This is impossible,” he said when asked about Ukraine's position on Russia's demand to…