Latest News for: Economy russia

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G20 finance chiefs call for early signing of digital tax treaty

Kyodo 27 Jul 2024
The G20 took up a range of issues affecting the global economy, including the impact of Russia's war in Ukraine and geopolitical risks ... G7 finance chiefs say excessive forex moves bad for global economy.
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Russia's business elites signal they are tired of propping up the wartime economy

Business Insider 26 Jul 2024
Some of Russia's business elites appear to be getting impatient with the country's wartime economy ... Russia's annual inflation rate remains high, at around 9.2%, amid a red-hot wartime economy that the country's central bank has been trying to cool.
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Bank of Russia raises key interest rate by 200bps to 18% to combat war-driven inflation

Invezz 26 Jul 2024
In a decisive move to tackle rampant inflation, the Bank of Russia has raised its key interest rate by 200 basis points to 18% per annum ... Russia’s war economy fueling inflation ... Bank of Russia.
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Russia’s CB sharply hikes rates

Gulf Today 26 Jul 2024
Russia’s central bank hiked its key interest rate by 200 basis points to 18% on Friday, the highest level in more than two years, and vowed to continue tightening until inflation rates in an overheated economy come down.
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N. Korea's economy expands 3.1% in 2023, snapping 3 year contraction: BOK report

Korea Times 26 Jul 2024
North Korea's economy ... "Despite continued global sanctions, increased trade with China and Russia, along with eased coronavirus restrictions, helped the North's economy rebound," the central bank said.
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Russian central bank hikes key rate to fight inflation

Oelwein Daily Register 26 Jul 2024
Russia's central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises ... wages have pushed up demand across the economy.
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Possible Trump Ukraine plan: half a trillion dollars and NATO membership

Israel Hayom 26 Jul 2024
economy, drive down prices and shrink Mr ... in squeezing Russia out of global energy markets. • Impose real sanctions on Russia ... Russia's economy is smaller than Texas' ... Ukraine builds up substantial defense forces so Russia never attacks again.
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Russia’s Central Bank Raises Rates to 18% Amid Inflation Woes

Moscow Times 26 Jul 2024
Russia’s Central Bank on Friday raised its key interest rate from 16% to 18%, a widely anticipated move as the country struggles to fight inflation amid surging defense spending for the war in ...
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Kremlin pledges response to EU decision to use proceeds from reinvestment of frozen Russian assets

Anadolu Agency 26 Jul 2024
Russia will respond to the expropriation of €1.5 billion ($1.63) in proceeds from the reinvestment of frozen Russian assets, directed by the European Commission to Ukraine, Kremlin spokesman Dmitry Peskov warned on Friday.
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China turns Neutral?

Armstrong Economics 26 Jul 2024
Ukraine Foreign Minister Dmytro Kuleba and Chinese counterpart Wang Yi in Guangzhou met to discuss China’s position on the Russia-Ukraine war ... China is simply preoccupied with domestic issues and growing its own economy.
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Don’t help Russia evade sanctions, Ukraine tells Hong Kong

CNN 26 Jul 2024
The Minister stressed that Russia’s machinations should not spoil Hong Kong’s reputation as a highly developed liberal economy based on unwavering respect for the rule of law.” Dual-use items are ...
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Don’t help Russia to evade sanctions, Ukraine tells Hong Kong

CNN 26 Jul 2024
The Minister stressed that Russia’s machinations should not spoil Hong Kong’s reputation as a highly developed liberal economy based on unwavering respect for the rule of law.” Dual-use items are ...
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Russia has no illusions about Trump Kremlin

Beijing News 26 Jul 2024
According to the former State Department head, a plan for peace through strength would involve revitalizing the US economy; imposing "real sanctions" on Russia; creating an anti-Iranian bloc in the ...
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The Week In Russia: A Propaganda Pivot

Radio Free Europe 26 Jul 2024
Russia has always looked to both the east and the west, but Europe Square seemed like a fitting symbol at a time when Moscow was building ties with the European Union and the United States and, as the ...
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Russia-Ukraine war: List of key events, day 882

Al Jazeera 26 Jul 2024
Russia targetted Ukrainian energy facilities in the northern regions of Chernihiv and Zhytomyr overnight with drones, causing disruptions to electricity supplies, according to Ukrenergo, the national power grid operator ... Economy.

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