Russia has defaulted on foreign currency debt for the first time in a century, as the period for paying $100 million in interest has expired, according to US newspapers. She said Bloomberg At the end of Sunday, the grace period expired on about 100 million dollars and euros in interest payments due on May 27. … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" According to the source, the US Treasury will issue a decision to ban gold import new arrival to the United States on Tuesday, in a move aimed at increasing Russia is isolated from the world economy By blocking their participation in gold market. Russia produces about 10 percent of the … Read more
(CNN) — The English Premier League announced, on Tuesday, its agreement to sell Chelsea FC to the alliance led by American businessman Todd Boley. The deal is worth more than $5 billion and must be approved by the British government. “The Premier League’s board of directors has approved the proposed acquisition of Chelsea Football Club … Read more
Russia closes the office of Canadian Broadcasting Corporation “CBC” in Moscow, and Canadian Prime Minister Justin Trudeau denounces the decision. Russia cancels accreditation of CBC journalists Russia has announced that it has closed the CBC/Radio Canada office in Moscow and revoked the accreditation and visas of the Canadian broadcaster’s journalists. The Russian authorities explained that … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" as decided US Federalor the US central bank, cut its budget of $ 9 trillion, after it had raised interest rate a quarter of a percentage point in the month of March. Economists express their fears of the inability of these measures to control the inflation monster that is killing … Read more
After the Russian company “Gazprom” announced the suspension of all gas exports to Bulgaria and Poland, US President Joe Biden considers that Moscow is practicing a policy of “blackmail” to circumvent sanctions and put pressure on European allies. US President Joe Biden (AFP) US President Joe Biden confirmed, on Thursday, that his country “will not … Read more
Despite expectations of the destructive effects of sanctions on the Russian economy, and nearly two months after President Vladimir Putin invaded Ukraine, his country’s financial sector has so far avoided a serious liquidity crisis, because his country’s oil exports to Europe and countries such as India and Turkey rose, which raises a question. On the … Read more
The European Union is planning to increase sanctions against Russia, and is considering imposing some form of embargo on Russian oil. The European Union is preparing a sixth package of sanctions against Russia newspaper reported “The TimesThe United States, on Monday, quoted the Executive Vice President of the European Commission, Valdis Dombrovskis, as saying that … Read more