Josep Borrell said today that he will propose that the EU use 90% of the proceeds from Russian assets, frozen in Europe, to buy weapons for Ukraine through the European Peace Fund. The EU’s top diplomat told reporters in Brussels that he would propose the remaining 10% be transferred to the EU budget to be … Read more
Vladimir Putin today put into effect a law aimed at confiscating the money and assets of people found guilty of spreading false information about the Russian military, a fresh sign of a crackdown targeting Kremlin critics two years after launching his attack on Ukraine. Moscow made it illegal to criticize the military shortly after it … Read more
2023-10-29 06:33:39 The theft of Russia’s frozen funds will require a symmetrical response, Moscow will confiscate more assets of unfriendly countries than European countries have frozen, stated Chairman of the State Duma Vyacheslav Volodin in his Telegram channel. European politicians, according to Volodin, have again begun to discuss the “theft” of frozen Russian assets in … Read more
2023-07-17 22:03:54 Al-Marsad Newspaper: The American asset management company BlackRock announced the appointment of Amin Nasser, CEO of Saudi Aramco, to its board of directors. BlackRock Chairman Larry Fink said today, Monday, July 17, that Al-Nasser’s distinguished career, which spans four decades at Aramco, gives him unique insight into many of the key issues facing … Read more
2023-07-16 15:09:31 According to this decree signed by Vladimir Putin and published on the official Russian legal portal, 98.56% of the shares of the Russian brewery Baltika, belonging to Carlsberg, and tens of thousands of shares belonging to Danone are placed “temporarily” under the Russian state control. In detail, this decree specifies that 83,292,493,000 shares … Read more
2023-07-08 14:34:00 Original title: Banking Association Liu Feng: Financial management companies should improve investment research capabilities and strengthen asset allocation China Securities Network News (Reporter Zhao Baizhinan) Liu Feng, secretary-general of the China Banking Association, said at the 2023 Qingdao China Wealth Forum on July 8 that wealth management companies were born in the era … Read more
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Food aid is being cut across the board in the US. 42 million poor Americans, many of them children, face cuts of between $95 and $235 per month per household. The average per capita payment will drop to $6.10 per day, or about $2 per meal. This egregious attack on the most vulnerable in American … Read more