The Prime Minister of Saint Vincent and the Grenadines, Ralph Gonsalves, reported that different Caribbean leaders agreed to restore the PetroCaribe program, with the purpose of importing crude oil from Venezuela.
This new plan for Venezuela to supply fuel is a consequence of the high costs of…
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Browsing Tag
sanctions
Sunacrip could sanction users of unregulated exchanges
The National Superintendence of Cryptoactives (Sunacrip) of Venezuela, in its regulatory role of the Venezuelan cryptographic sector, published ruling 054 that establishes that people or institutions that use exchanges, wallet providers or…
Russia increases its grain reserves by 20 %
The president of Russia's largest grain union, Arkady Zlochevsky, said his country has increased its grain reserves by 20 percent compared to last year as a result of sanctions imposed by Western countries.
"Our reserves are 20 % higher…
Russia asks to pay its debt with rubles
The Russian Ministry of Finance, Anton Siluanov, expressed his willingness to continue to service all the country's sovereign debt obligations, although he warned that he will be forced to make payments in rubles, after the Treasury's…
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…
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…
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,…
Venezuela will produce a maximum of one million oil barrels per day
The economist and oil expert Rafael Quiroz pointed out that the most Venezuela could produce this year is one million barrels per day. In his opinion it is "impossible" for the country to produce 2,000,000 barrels of crude oil per day, as…
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…
The US and the EU could apply more sanctions against Russia
The European Union (EU) and the United States (USA) are discussing possible additional sanctions against Russia as part of a joint response to damage its economy in retaliation for the military attack on Ukraine.
"We will continue to…
Chevron to reactivate operations in Venezuela
United States President Joe Biden authorized Chevron to start the reactivation of its operations in Venezuelan territory and it is estimated that the decision will be formalized this week, within the framework of the talks between the…