Category: Russia
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Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
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Russia’s shift towards stablecoins comes against the backdrop of its presidency of the BRICS group (Brazil, Russia, India, China, and South Africa). BRICS The BRICS countries have previously discussed creating a digital currency-based payment system, the BRICS Bridge, to reduce reliance on the US dollar-dominated global financial system. But sanctions…
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On Trump, Russia UN envoy says Ukraine war can’t end in one day By Reuters
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By Michelle Nichols UNITED NATIONS (Reuters) – Russian Ambassador to the United Nations Vasily Nebenzia said on Monday that “the Ukrainian crisis cannot be resolved in one day,” in response to a question about US presidential candidate Donald Trump’s repeated claims that he could end the war within 24 hours…
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Russia could reduce decision time for use of nuclear weapons, lawmaker says By Reuters
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By Guy Faulconbridge and Lydia Kelly MOSCOW (Reuters) – Russia, the world’s largest nuclear power, could reduce the decision-making time set out in the official policy on the use of nuclear weapons if Moscow believes threats are increasing, the head of the Russian parliament’s defense committee said. The war in…
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A Cautionary Tale From Russia, Ukraine, And Beyond
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In the captivating world of mobile gaming, where the promise of easy riches attracts millions of players, a controversial phenomenon has emerged – Hamster Kombat. This “clicker game” has taken the digital landscape by storm, attracting an impressive user base of more than 150 million individuals worldwide. However, as with…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…
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Lithuania holds a presidential vote as anxieties rise in the Baltics over Russia and war in Ukraine
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Breadcrumb links BMN Business Article writer: Associated Press Lyudas Dapkus Posted on May 10, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content VILNIUS, Lithuania (AP) — Lithuania holds a presidential election on Sunday…