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 ›
Regulations & Legal
Importers of Russian LNG studying details of Russian LNG supply demand
A day after Russia ordered LNG purchasers from unfriendly countries to pay for Russian LNG deliveries in Rubles, German utilities opined that Germany needed an early warning system to tackle any potential gas shortages raising the risk of a supply… Read More ›
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 ›
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 ›
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 ›
USTR reinstates tariffs on 352 Chinese products
The Biden Administration has reinstated 352 from U.S. “Section 301” tariffs on Chinese imports, effective retroactively from October 12, 2021 and extended through Dec. 31, 2022, said the USTR. The move covers a wide range of Chinese products worth around… Read More ›
Unfriendly countries will pay for LNG supplies in Rubles: Putin
In a statement Russian President Vladimir Putin said, unfriendly countries will have to pay for gas in rubles. Following the announcement European gas prices soared since the move will exacerbate the region’s energy crunch. Western nations led by the United… Read More ›
Singapore relaxes COVID-19 norms
In a statement on Thursday, Singapore’s Prime Minister Lee Hsien Loong said, it is lifting more COVID-19 curbs including most restrictions for fully vaccinated visitors arriving in the country; it is also dropping requirements to wear masks outdoors. Singapore was… Read More ›
Thailand bans usage of digital assets for making payments from April 1 2022
On Wednesday, Thailand’s market regulator said, from April 1, 2022, it has banned the use of digital assets for being used to pay for goods and services. The move is in line with earlier discussions between the Securities and Exchange… Read More ›
US UK sign new trade deal, ends tariffs on wide range of products
In a significant development, Britain and the United States ended a four-year dispute over aluminium and steel tariffs and pledged to collaborate to counter China. The trade deal sees the removal of US retaliatory tariffs a range of items including… Read More ›
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