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A service for banking industry professionals · Sunday, May 28, 2023 · 636,284,569 Articles · 3+ Million Readers
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Russia & CIS Banking Industry Newswire

  • Published on May 27, 2023

    Russia’s Top Diplomat: Dollar Dumping Has Begun As BRICS Join Forces

    US language and policies are causing de-dollarization, according to Russian foreign minister Sergey Lavrov. According to Tass, Lavrov believes BRICS members are actively planning a future without the US dollar. Lavrov, a Russian politician since before the …

    Source: Fintechs.fi - Neutral
  • Published on May 27, 2023

    China, Russia, and Brazil discuss BRICS cooperation

    In a series of high-level phone conversations, China’s President Xi Jinping, Russian President Vladimir Putin, and Brazilian President Luiz Inácio Lula da Silva have commenced discussions about their collaborative work within the BRICS bloc. BRICS – …

    Source: Cryptopolitan - Neutral
  • Published on May 27, 2023

    UK says Russia state assets will not be returned; 'Will compensate Ukraine'

    The UK on Saturday said that it will not return the confiscated Russian assets even long after the Ukraine conflict ends as the funds will be utilised for rebuilding the war-ravaged Ukraine. British officials, on May 26, urged that Moscow pays the  …

    Source: Republic World - Right-wing
  • Published on May 27, 2023

    As Ukraine heats up again, Asia cools — for now

    MONITORING and moderating global security and economic risks is already daunting with three years of the pandemic, two years of escalating inflation and interest rates, and over a year of Ukraine conflict and Taiwan confrontations. And it's set to get …

    Source: The Manila Times - Uncategorized
  • Published on May 27, 2023

    Michelin sells Russian division, exits country amid war

    Check out what's clicking on FoxBusiness.com French tire manufacturer Michelin has sold off its remaining assets in Russia and abandoned the country's market. Michelin is selling its Russian branches to Power International Tires LLC. The tire …

    Source: FOX Business - Right-wing
  • Published on May 27, 2023

    Russian officials push local currency settlement to accelerate yuan's internationalization, counter dollar hegemony

    Chinese yuan Photo:VCG Russian officials have been actively pushing forward settlement in local currencies - the Russian ruble and the yuan - since last year, driven by the vast amount of bilateral trade, which is expected to exceed the benchmark of $200 …

    Source: Global Times - Gov't Propaganda
  • Published on May 27, 2023

    After Belgorod: Does The Russian Opposition Have A Path To Push Out Putin?

    -Analysis- We may soon mark May 22 as the day the Ukrainian war added a Russian front to the military battle maps. Two far-right Russian units fighting on the side of Ukraine entered the Belgorod region of the Russian Federation, riding on tanks and …

    Source: Worldcrunch - Uncategorized
  • Published on May 27, 2023

    Ukraine must reduce role of state in the economy to boost EU integration

    The European Commission’s Spring economic forecast for Ukraine, which was published last week, offered a more upbeat assessment of the country’s prospects than might have been expected given the devastating impact of Russia’s full-scale invasion. Despite …

    Source: Atlantic Council - Uncategorized
  • Published on May 27, 2023

    The dollar refuses to accept Ukrainians: what and why

    In Ukraine, dollars issued before 1996 are refused to accept banknotes with certain damages in banks and exchange offices. At the same time, banknotes can be sent for exchange to a foreign bank (collection). According to the NBU clarification, banks accept …

    Source: Global Happenings - Neutral
  • Published on May 27, 2023

    Grain Initiative does not achieve full operation despite Russia's claims

    Despite the Russian Federation's declaration of readiness to extend the Black Sea Grain Initiative, its full operation has not yet been ensured. Source: Reuters Details: Reuters noted that the UN and Türkiye "are working closely with the rest of …

    Source: Ukrainska Pravda - Neutral
  • Published on May 26, 2023

    Lebanon's central bank governor set to end his tenure a wanted man

    Salameh insists he is innocent, says he's a scapegoat Source says Salameh now rarely leaves the central bank Governor's term ends in July after three decades in post Some ministers want him out now, others stay silent BEIRUT, May 26 (Reuters) - …

    Source: Reuters - Neutral
  • Published on May 26, 2023

    Sanctions, pressure on foreign banks destabilising Russia's foreign-exchange market, central bank says

    This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, May 26 (Reuters) - Pressure on foreign banks operating in Russia and the widening scope of sanctions is aggravating foreign currency …

    Source: Reuters - Neutral
  • Published on May 27, 2023

    Russia Inflation Expectations

    Inflation Expectations in Russia increased to 10.80 percent in May from 10.40 percent in April of 2023. Inflation Expectations in Russia averaged 12.16 percent from 2010 until 2023, reaching an all time high of 18.70 percent in December of 2010 and a …

    Source: Trading Economics - Neutral
  • Published on May 27, 2023

    Mission: capture Russian collaborators in Ukraine

    The dog, an old mastiff, is named Larchi after her former owner. Larchi, who still lives in the house of her previous master, the former mayor of Snihurivka, Oleksander Larchenko, barks incessantly at her visitors. But the Larchenko family no longer …

    Source: El País - Neutral
  • Published on May 27, 2023

    More than $300 million dividends of Indian oil PSUs are stuck in Russia. Why — and what now?

    The reason? Payment channel-related issues in the aftermath of Russia’s February 2022 invasion of Ukraine. Soon after the war in Ukraine began, a number of major Russian banks were banned from the Society for Worldwide Interbank Financial Telecommunication …

    Source: The Indian Express - Center-left
  • Published on May 27, 2023

    Russia, China in arms trade with Myanmar

    It's hardly a surprise but an affirmation of the obvious. Myanmar's military regime is being backed, supported and protected by both Russia and China. What's new is that the specifics of this assistance have come to light in a landmark United …

    Source: Bangkok Post - Center-right
  • Published on May 26, 2023

    Sanctions, pressure on foreign banks destabilising Russia's FX market -central bank

    STORY CONTINUES BELOW THESE SALTWIRE VIDEOS By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Pressure on foreign banks operating in Russia and the widening scope of sanctions is aggravating foreign currency settlements in Russia and creating …

    Source: Saltwire - Neutral
  • Published on May 27, 2023

    Arsonists and central bankers

    Inflation attracts metaphors. Especially popular is inflation as a genie, with attendant bottle in which it is either securely contained, or, worryingly, from which it has escaped. The Australian Financial Review reassured its readers in July 2021 that the …

    Source: The Spectator Australia - Right-wing
  • Published on May 26, 2023

    Russian c.bank plays down impact of foreign company exits

    This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, May 26 (Reuters) - Only five transactions involving foreign companies selling assets in Russia since October have involved payments to …

    Source: Reuters - Neutral

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