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The escalating Israel-Hamas conflict and Russia's ongoing war in Ukraine may trigger a "dual energy shock" in the global economy, according to a recent report by the World Bank. The conflicts have...
In the face of a depreciating rouble, Russia has imposed stringent restrictions on western companies looking to sell their Russian assets and repatriate the proceeds in foreign currencies. The rouble...
By Vladimir Soldatkin MOSCOW (Reuters) - Russia is counting on a planned new pipeline to China as it seeks to make up for lost gas sales in Europe, but industry insiders see major risks around the...
The Central Bank of Russia has indicated that the upcoming launch of its central bank digital currency (CBDC), the digital ruble, is not expected to eclipse other non-cash and cash payment methods....
In a meeting held in Luxembourg on Monday, U.S. Treasury Secretary Janet L. Yellen assured European finance ministers of the United States' unwavering commitment to Ukraine. This comes amid European...
By Timothy Gardner and Daphne Psaledakis WASHINGTON (Reuters) -The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil priced above the G7's price cap of $60 a...
Ukraine's Prime Minister, Denys Shmyhal, announced on Thursday at the Annual Meetings of the International Monetary Fund (IMF) and World Bank Group that the country anticipates needing approximately...
By Alexander Marrow (Reuters) -The Russian rouble dived towards a more than an 18-month low on Tuesday before paring most losses in a volatile session, under pressure from domestic demand for foreign...
By Alexander Marrow (Reuters) -The rouble rebounded after slumping to a more than 18-month low against the dollar on Monday in a volatile session, still hampered by reduced foreign currency supply...
By Alexander Marrow (Reuters) -The Russian rouble recovered ground on Friday, after weakening to a more than seven-week low past 101 against the dollar, under pressure from lower oil prices and the...
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