The leaders of the G-7, made up of Germany, Canada, the United States, France, Italy, Japan and the United Kingdom, promised to ban imports of Russian oil at the end of the remote summit, according to the final declaration published by the White House.
The leaders will "commit to gradually…
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Russia seeks ways to avoid EU sanctions
Russian authorities reported that the government is creating "mechanisms" to circumvent the sanctions imposed by the European Union as a result of the Russian invasion of Ukraine.
The head of the Department of Economic Cooperation of the…
Binance blocked accounts of family members of Russian officials
The cryptocurrency exchange platform Binance continues to adopt additional measures so that the Russian government cannot avoid the impact of the sanctions imposed through the use of cryptocurrencies. In this connection, it has blocked…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
G7 will give 24 billion dollars to Ukraine
The ministers of the countries belonging to the G7 pledged to deliver more than 24 billion dollars in assistance to Ukraine for 2022 and 2023.
The group has been concerned about the "continued and brutal aggression of Russia against…
IMF asks central banks to deal with inflation
The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…
Cryptocurrency prices drop 4 % in a volatile market
The most popular digital currencies in the global market, such as Bitcoin and Ethereum, registered a drop in their prices of around 4 %, within the framework of a fairly volatile market environment exacerbated by the war between Russia and…
Russia submits bill for cryptocurrency payments
The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation.
The document addresses issues…
Russia cuts visa deals with EU countries
Russian President Vladimir Putin signed a decree suspending visa facilitation agreements with the European Union (EU), Norway, Denmark, Iceland, Switzerland and Liechtenstein.
The decree, published this Monday by the Kremlin, emerges as a…
IMF warns of increased use of cryptocurrencies in Russia
The International Monetary Fund (IMF) warned about the increase in the use of cryptocurrencies in Russia, due to the economic restrictions that have arisen due to the conflict with Ukraine.
According to the agency, the restrictions they…
Russia and India create payment systems similar to SWIFT
Russia and India finalized the creation of an international payment system in rupees and rubles in order to provide service to bilateral trade with a platform similar to the Society for Worldwide Interbank Financial Telecommunications,…
Poland to pass national laws to sanction Russia
The Polish government announced that it will pass national laws to prevent "coal imports from Russia and freeze the financial assets of individuals and entities that support Russia."
The information was provided by Piotr Müller, spokesman…