Russia on Thursday mentioned it was conscious of Turkish banks tightening guidelines on Russian shoppers, and is working with Türkiye to search out mutually acceptable
Tag: western sanctions
Russia plans new system as dollar-based mechanism ‘unreliable, dangerous’
The Kremlin on Saturday mentioned Russia was engaged on a brand new system of financial relations with different nations because the U.S. dollar-based mechanism proves
Russian lender VTB to launch cross-border transfers with India, Türkiye
Russia’s No. 2 lender VTB Thursday stated it will enhance the variety of nations the place retail purchasers can ship cash to 25 from 11,
UK targets theft of Ukrainian grain as part of new Russia sanctions
Britain mentioned it should goal firms linked to the theft of Ukrainian grain and the cargo of Russian power in a brand new wave of
Time to invest: Turkish firms invited to Russia to fill void left by Western brands
The withdrawal of Western corporations from Russia as a result of present sanctions focusing on the nation has created a void that Turkish enterprises can
‘Türkiye trade data reflects deal to stop flow of Western goods to Russia’
Türkiye’s commerce knowledge has began to mirror that Ankara has stopped permitting the re-exportation of sanctioned Western items to Russia after objections from Washington, a
Chinese firm imported copper from Russian-held part of Ukraine: Data
A Chinese firm purchased at the least $7.4 million price of copper alloy ingots from a plant in a Russian-annexed area of Ukraine that’s topic
Russian economic prospects ‘foggy’ as sanctions cut deep
The resilience of Russia’s financial system has stunned many observers over the previous 12 months as Moscow adjusts to unprecedented Western sanctions over its assault
Sanctions-hit Russian bank VTB reports huge $7.7B loss for 2022
Russia’s second-largest financial institution, VTB, reported Wednesday an enormous loss amounting to $7.7 billion in 2022 after it was hit onerous by Western sanctions over
UAE cancels license for Russia’s sanctioned MTS bank
The United Arab Emirates central financial institution Friday stated it’s going to cancel the license it granted final 12 months to Russia’s MTS financial institution,