[Strasbourg, 4th Archyde.com]-European Union (EU) European Commission President Von der Leyen said in the European Parliament on the 4th that Russia’s crude oil will be gradually banned as the sixth sanction against Russia after the invasion of Ukraine. Proposed sanctions on major banks and broadcasters. On the 4th, President of the European Union (EU) European … Read more
[Kyiv / Ribiu / Brussels 2nd Archyde.com]–Germany announced on the 2nd that it is ready to support an immediate embargo on Russian crude oil over energy exports, which is Russia’s largest source of income. A major shift in policy for the Scholz administration, which has been criticized for sanctions against Russia, has increased the possibility … Read more
[Shanghai / Hong Kong, 29th Archyde.com]–The Chinese yuan has plummeted recently, reminiscent of past price collapses. However, market participants believe that foreigners’ holdings of yuan-denominated assets are now increasing, making it less likely that authorities will be able to curb the decline as before. On April 29, the Chinese yuan plunged recently, reminiscent of past … Read more
[Tokyo 28th, Archyde.com]–Soba that represents Japan’s food culture, especially tachigui soba, which sells cheaply, depends on imports for most of its raw materials, and its cup condenses the current state of the world economy facing inflation. .. While some chain stores have already decided to raise prices, factors such as “Russia” and “weak yen” have … Read more
According to Ukrainian officials, Russia launched two missiles at the capital city of Kyiv, which is being visited by UN Secretary-General António Guterres, on the evening of the 28th. Taken with Kyiv. Image provided (2022 Archyde.com / Press service of the State Emergency Service of Ukraine / Handout via REUTERS) [Kiev (Kyiv) 28th Archyde.com]–According to … Read more
The European Commission, the executive body of the European Union (EU), said on the 22nd that Russia is requesting that the purchase price of natural gas be paid in rubles, first pay in euros or dollars, and then convert to rubles. By requesting, he said he would not violate the sanctions. Taken in April 2019 … Read more
On April 19, the International Monetary Fund (IMF) has “sufficient guarantees” that talks with Sri Lanka over lending programs are in the early stages and that any agreement can make the country’s debt sustainable. He acknowledged that it would be necessary. The photo is the IMF logo. Taken in Washington, September 2018 (2022 Archyde.com / … Read more
[Archyde.com]-Russian Central Bank Governor Elvira Nabiullina has signaled an additional rate cut on the 18th. He also said that inflation will return to its target of 4% in 2024. On April 18, Central Bank of Russia Governor Elvira Nabiullina (pictured) pointed out that the Russian economy has a limited duration of financial reserves and needs … Read more