Browsing Tag

financial entity

Italian oil company opens ruble accounts to pay for Russian gas

The Italian oil company Eni announced the opening of bank accounts in euros and items in the Russian financial entity Gazprombank in order to carry out the necessary transactions for the supply of Russian gas and thus comply with the new regulations required by Moscow. These guidelines consist of…

Bank of Mexico increases interest rates to 4.25 %

Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %. With this decision, the financial entity aspires to slow down inflation, which stood at 6.02…