Thursday, July 7, 2022
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Economy

Russians have up to $213 billion stashed offshore in Swiss banks

Switzerland's secretive banks hold up to $213 billion of Russian wealth, the country's financial industry association estimates, as sanctions on Russia give a rare...

Samsung Pay to continue working in Russia

The Samsung Pay service will continue to operate in Russia, though payments and transfers on Mastercard and Visa cards, as well as on the...

EU imposes fourth package of economic and personal sanctions against Russia

The European Union officially approved the fourth package of sanctions against Russia, which includes economic and personal restrictive measures, the EU Council announced on...

Armenian Food Safety Agency urges to avoid panic buying citing sufficient reserves

All relevant governmental structures are focused on food security issues and there won’t be any food problems for at least the next 2-3 months,...

Armenia Central Bank comments on Ukraine’s call to suspend transactions with cards of Russia’s Mir payment system

The Central Bank of Armenia commented on the call of Ukraine’s national bank to suspend all transactions with cards of Russia’s Mir payment system. In...

Seven Russians, including Sechin, Miller, Deripaska, Abramovich, blacklisted in UK

The UK expanded anti-Russia sanctions on Thursday, putting another seven Russian citizens on the blacklist. Rosneft CEO Igor Sechin, Gazprom CEO Aleksey Miller, VTB...

No more cola, burgers: Western food, beverage suppliers suspend work in Russia

Foreign restaurant chains and food suppliers are following in the footsteps of other industries, starting to announce suspension of their operations in Russia. That’s taking...

Coca-Cola suspends its business in Russia – company

The Coca-Cola Company has suspended its business activities on the territory of Russia, the company said in a statement on its website on Tuesday. "The...

Iraq to provide $100 million to buy wheat due to military operation in Ukraine

Iraq’s commerce minister announced that the country will set aside $100 million to help bolster its strategic wheat reserves by an additional 110 million...

Moscow has right to mirror ban on gas flow through Nord Stream 1

Moscow has the right to mirror the ban on gas pumping through Nord Stream 1 because of the ban on Nord Stream 2, but...

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