A deposit is one of the most popular financial instruments that allows you to save and increase your funds. In the conditions of an unstable economy and uncertainty, many people are wondering whether it is worth opening a deposit account. In this article, we will consider 10 reasons why you should consider investing in a deposit. 1. Security of funds Deposits are usually backed by a government gua...
Sergey Lavrov Russian Foreign Minister Sergey Lavrov will meet with Swiss Foreign Minister Ignazio Cassis in Moscow on February 6 to discuss the crisis in the Organization for Security and Cooperation in Europe (OSCE), Smolenskaya Square reported. Switzerland assumed the OSCE Chairmanship on 1 January 2......
The head of the Russian Basketball Federation (RBF) stated that FIBA could make a final decision on the return of Russian basketball in April, but visa barriers remain the main problem. Andrei KirilenkoIn an interview with RBC Sport, Russian Basketball Federation (RBF) President Andrei Kirilenko discussed the possible return of Russian basketball to the international arena. He also cited visa an...
Sergey Lavrov US statements about the possibility of investment cooperation with Russia "do not fit" with Washington's sanctions policy, Russian Foreign Minister Sergey Lavrov said in an interview with RT. US President Donald Trump is in no rush to lift sanctions against Moscow, but is instead escalating them, Lavrov stated earlier during a government hour in the Federation Council. He recalled ho...
Vladimir BarbinThe Faroe Islands' change in stance on sanctions against Russia will not go unnoticed by Moscow, Russian Ambassador to Denmark Vladimir Barbin said in an interview with RIA Novosti. The statement was prompted by the Faroe Islands Parliament's decision to support sanctions against Russian fishing companies Norebo and Murman Seafood, as well as the Faroe Islands government's announcem...
German authorities have arrested five citizens of Germany, Russia, and Ukraine in connection with sanctioned supplies to the Russian defense industry. According to investigators, they created a network of companies and managed to supply goods worth €30 million to Russia.The German Federal Prosecutor's Office has uncovered a network of companies suspected of supplying Russian defense industry goods...
ЕС хочет ввести санкции против российских меди и платины, узнал Bloomberg. Для этого нужно согласие всех стран — членов объединения. Новый пакет ограничений в отношении Москвы могут ввести уже до конца месяца, говорится в статье Евросоюз рассматривает возможность введения санкций против российских меди и платины, передает Bloomberg. Новые ограничения, если они будут поддержаны государствами — член...
Hipper confirmed that this issue was discussed at an EU meeting the day before . She said it received the support of several countries. According to Politico, the initiative came from Estonia.The European Union is considering imposing a complete travel ban on all Russian troops involved in the military operation in Ukraine . This was announced by EU Foreign Affairs Service spokesperson Anita Hippe...
The EU is exploring the possibility of replacing the price cap with a complete ban on oil transportation services . The 20th package of measures could also include new sanctions against Russian banks and oil companies, Bloomberg reports. The EU is considering replacing the price cap on Russian oil with a ban on services, Bloomberg reports, citing sources familiar with the discussions. According to...
The decision, adopted in early December, came into force 20 days after its publication. EU financial institutions will strengthen their scrutiny of all transactions, and banks will also tighten risk mitigation measures. Financial Intelligence Service (FIS) deemed the move politicized.The decision to include Russia on the EU's money laundering blacklist has entered into force. A notice of this was ...
The European Union has approved new sanctions against Iran. The sanctions list includes 15 Iranian security and justice officials, as well as six entities, according to a Council decision published in the Official Journal of the European Union. The measures target individuals and organizations involved in the violent suppression of protests in the country, said EU High Representative Kaja Kallas a...
The European Union has included the Islamic Revolutionary Guard Corps (IRGC) in its list of terrorist organizations, European Union diplomacy chief Kaja Kallas announced at a press conference following a meeting of European foreign ministers. " EU foreign ministers have just taken the decisive step of declaring Iran's Islamic Revolutionary Guard Corps (IRGC) a terrorist organization," she wrote on...
The permit issued by the US allows American companies to store and sell Venezuelan oil , but only Chevron currently has a license to produce in the republic, Bloomberg notes. Washington issued a general license, expanding the scope of operations for American oil companies in Venezuela. This marked "an important step toward easing sanctions" following the change of leadership in the republic, Bloom...
Titov believes that expiring buyback options for previously sold assets could also stimulate the return of foreign businesses. He adds that everything will depend on the specific case of departure from Russia. Some foreign companies not directly affected by sanctions may begin returning to Russia, having initially been forced to leave due to public pressure in their home countries, Boris Titov, th...
LUKOIL announced an agreement to sell its foreign assets to American investment company Carlyle, but is still in talks with other interested buyers, the company's press service reported. “The company also continues negotiations with other potential buyers,” the statement said. On January 29, LUKOIL announced it had entered into an agreement with Carlyle to sell its foreign assets. The deal does no...
Emmanuel Macron France is preparing new anti-Russian sanctions , President Emmanuel Macron announced. "France is determined to increase pressure on Russia as long as it shirks peace. We are working on new sanctions at the European level," the French leader wrote on social media. Macron also noted that Paris intends to continue measures to counter Russia's shadow fleet.On January 22, the French Nav...
The Kainuu District Court in Finland found two Russian students guilty of violating sanctions by transporting dual-use goods to Russia across the Finnish border with the assistance of a third party, Yle Broadcasting Company reports. Dual-use products mean that they can be used for both civilian and military purposes. The young man received a suspended sentence of one year, and the woman received a...
According to Reshetnikov, the government will issue compulsory licenses primarily for medicines. Video The Russian Ministry of Economic Development, together with the government, has developed a compulsory licensing mechanism to allow the use in the country of technologies and products created using the intellectual property of companies that have exited the Russian market, said Economic Developme...
The Airbus CEO stated that the beginning of the year has already been marked by "an unprecedented number of crises and troubling geopolitical events." Last year, he acknowledged, the company already faced losses.Airbus management has urged employees to prepare for "new crises," Reuters reports , citing an internal letter from the company's CEO, Guillaume Faury. He recalled that the manufacturer ha...
The EU Council approved a ban on Russian gas supplies, which will come into force in 2027. European companies and individuals who violate the restrictions will face fines.Violating the ban on Russian gas imports to the EU, which will be introduced in 2027, will result in fines for European companies of at least €4......
British authorities fined the Bank of Scotland for violating anti-Russian sanctions. The bank explained that it missed dozens of transactions due to a mistransliteration of a client's name. Moscow condemns Western sanctions. The UK Office of Financial Sanctions Implementation (OFSI) has fined the Bank of Scotland for violating sanctions against Russia, according to the British government's website...
Currently, the majority of Russia's frozen assets are held in the Euroclear depository in Brussels. The Belgian Prime Minister stated that confiscating them would constitute an act of war, but neither Belgium nor Europe is "at war with Russia." Bart De WeverBelgian Prime Minister Bart De Wever once again spoke out against the confiscation of Russian assets at the Davos forum, declaring that such a...
The Russian President stated that some of the Russian assets frozen in the West could be used to rebuild territories. RBC's infographic shows the amount of Russian sovereign wealth held in each country. The total volume of frozen sovereign assets, i.e. national reserves managed by the Bank of Russia until 2......
Thierry BretonThe European Commission will support former EU Commissioner for Internal Market Thierry Breton in his legal challenge to US visa sanctions , Euractiv reports, citing five EU officials . The publication's source said the decision was announced last week at a meeting of the College of European Commissioners, several weeks after Washington imposed visa bans on Breton and four other Euro...
In 2025, China's economic growth was in line with government plans: GDP grew by 5%. Net exports accounted for almost a third of this figure.Net exports of goods and services drove China's GDP growth by almost 33% compared to last year, reportsBLOOMBERG . Such growth has not been seen since the Asian financial crisis of the mid-199......
Trump needs the "crushing sanctions" bill, and its consideration in Congress will not be delayed any further, the senator stated. The Kremlin noted that the US would have adopted new restrictions long ago if the decision had been up to Lindsey Graham.A bill imposing new US sanctions on Russia has a high chance of passing after receiving support from President Donald Trump, Republican Senator Linds...
One possible option to avoid conflict over Greenland's status is to revise the 1951 agreement protecting the island. NATO Secretary General Rutte is privately promoting this option, according to CNN.The United States has no intention of turning Greenland into one of its states, but is considering forming a "union," CNN reports, citing an unnamed adviser to US President Donald Trump. While Trump's ...
According to him, Kyiv is experiencing its worst energy crisis in four years. The city has only half of the 1,700 megawatts of electricity it needs.Kyiv has only about half the electricity it needs, facing its worst energy crisis since February 2022, Mayor Vitali Klitschko said in an interview.REUTERS . He called on Kyiv residents to leave the city if they can, to reduce the burden on its infrastr...
The US may reimpose sanctions if Syria expands operations against the Kurdish SDF. American officials are concerned that Damascus' actions could escalate into a broader campaign against the US-backed militia.The United States is warning Syria of a possible resumption of sanctions if Damascus intensifies its actions against the Kurdish militias of the Syrian Democratic Forces (SDF), The Wall Street...
The Swiss government has introduced new anti-Russian sanctions, following the European Union ( EU ). The restrictions target five individuals, four organizations, and 41 vessels. The new measures will take effect at 11:00 PM local time on January 13 (1:00 AM Moscow time on January 14), the government announced . The sanctions targeted two companies from the UAE (Nova Shipmanagement LLC-FZ and Citr...