Author Archives
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Japan To Stop Export Of Precious Stone, Including Gold, To Russia
In response to Russia’s invasion of Ukraine, Japan’s Ministry of Finance (MOF) announced on Tuesday that it will prohibit the shipping of precious metals, particularly gold, to Russia starting in April. The restriction on Russia-bound precious metals by Japan underscores… Read More ›
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Russians Are Flocking To Istanbul And Dubai To Get Away From The Sanctions
According to numerous property companies, wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial sanctuary in the aftermath of Moscow’s invasion of Ukraine and Western sanctions. “We sell seven to eight… Read More ›
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India Is Buying Discounted Russian Oil, And China Could Be Next
Since March, when Russia’s invasion of Ukraine began, there has been a “substantial increase” in Russian oil deliveries to India, according to industry observers, and New Delhi seems prepared to acquire much more cheap oil from Moscow. According to them,… Read More ›
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Sanctions Cause Russians To Panic And Buy Antidepressants And Sleeping Drugs
According to data revealed recently, Russians have hurried to stock up on antidepressants, sleeping pills, and contraceptives, among other things, since the conflict in Ukraine began, with many purchasing a month’s worth of medicine in just two weeks. Although official… Read More ›
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Russia Turns East For Replacements As Western Retail Brands Quit The Country
An industry association warned on Friday that Russia is looking to China, India, Iran, and Turkey to fill the void left by the exit of western retail corporations, as Moscow struggles to find methods to counteract its growing isolation in… Read More ›
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EU Agrees Signs Gas Deal With US To Reduce Dependence On Russia
The United States and the European Union have struck a big agreement on liquefied natural gas in an effort to reduce Europe’s reliance on Russian energy. The agreement calls for the US to supply the EU with additional gas by… Read More ›
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Jobless Claims In The United States Reached Their Lowest Level Since 1969
In the United States, fewer people applied for unemployment benefits last week than at any other period since 1969. According to the Labor Department, only 187,000 people filed for jobless benefits. This was a decrease of approximately 28,000 from the… Read More ›
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Asian Gas Purchasers Are Perplexed By Putin’s Demand For Payment In Rouble
On Thursday, Asian importers of Russian gas scrambled as Russian President Vladimir Putin declared “unfriendly” countries must pay in roubles for Russian gas, the latest jolt to global energy markets following Moscow’s invasion of Ukraine. On the list of unfriendly… Read More ›
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India Has Put On Hold A Plan To Allow Domestic Companies To List On Foreign Exchanges: Sources
According to government officials and industry insiders, India has halted plans to allow local companies to list on foreign exchanges as it attempts to strengthen its own capital markets, dealing a blow to foreign funds and stock exchanges hoping to… Read More ›
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Russian Markets Set To Reopen; Russia Bans Foreigners From Selling Off Stocks
After a nearly month-long hiatus, Russia expects to resume stock trading on Thursday, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents, on the other hand, will have to wait until April 1 to sell equities and… Read More ›
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