Author Archives
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Is It Possible For Companies Exiting Russia To Make Up Losses Through Insurance?
Hundreds of corporations, including Shell Plc, Hyundai Motor Co, and PwC, a worldwide professional services organisation, have said that they are withdrawing or halting activities in Russia as a result of the country’s invasion of Ukraine. The following are some… Read More ›
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Debt Payments Are Proving Difficult For Russian Sanctions-Linked Companies
Investors were on pins and needles as coupon payments to international holders of Russian debt obligations tied to sanctioned oligarchs hit a snag due to Western sanctions prompted by Moscow’s invasion of Ukraine. According to a source close to the… Read More ›
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Britain’s Advertising Watchdog Tightens Its Regulation Of Crypto Firms
The Advertising Standards Authority of the United Kingdom has increased its scrutiny of cryptocurrency advertisements and has ordered more than 50 companies in the crypto industry to adequately inform their customers that digital assets are unregulated and volatile. During the… Read More ›
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Japan’s Suzuki Will Invest $1.4 Billion In An Electric Vehicle Manufacturing In India.
Electric vehicle industry of India got a huge boost with the announcement of an investment of 104.4 billion rupees ($1.37 billion) in the country by Japan’s Suzuki Motor in its factory in the country to make electric vehicles (EVs) and… Read More ›
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India’s Oil Imports From The US Are Expected To Climb, In The Face Of Criticism Of Russian Purchases
India’s oil imports from the United States will increase by 11% this year, according to officials, as the critically energy-short country seeks supplies from producers throughout the world, including Russia, which has been extensively sanctioned. Following Russia’s invasion of Ukraine… Read More ›
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Third Straight Rate Hike by Bank of England Citing Inflation Concerns Due To Ukraine War
The Bank of England has announced raising of interest rates on Thursday, which is the third time in a row, as the central bank pointed out towards the likelihood that the Russia-Ukraine war keeping rate of inflation high in the… Read More ›
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The Western Brands Still Forced To Remaining In Russia
Many Western brands have shunned Russia as a result of the invasion of Ukraine, but some have remained open in the nation and claim they are unable to close them. Complex franchise agreements preclude Marks and Spencer, Burger King, and… Read More ›
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Increase In Covid Cases Globally Is ‘Tip Of The Iceberg’, Warns WHO
The WHO has said that that figures showing a global increase in Cpvod-19 infections could signal a far bigger problem because some countries are reporting a decline in testing rates, urging countries to be cautious against the virus. Covid instances… Read More ›
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Afghans Pushed Towards Cryptocurrencies Following US Sanctions Since Taliban Takeover
Since the Taliban assumed control of Afghanistan, the country’s economy has been in disarray due to US sanctions, collapsing banks, and the halt of international aid and financial flows. The cryptographic revolution is on its way to saving the day…. Read More ›
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IEA Says 3 Million Barrels Of Russian Oil And Products Could Be Stopped Next Month
In the aftermath of Russia’s invasion of Ukraine, the International Energy Agency (IEA) believes that that three million barrels per day (bpd) of Russian oil and products may not make their way to market starting in April, as sanctions bite and… Read More ›