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EU may cut financial aid to Ukraine – Bloomberg

The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions. Back in March, the European Commission proposed a €9 billion ($9 billion) loan to Ukraine that …

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Russian financial messenger ready for BRICS – Putin

Russian President Vladimir Putin said on Wednesday that banks from BRICS nations can freely connect to the System for Transfer of Financial Messages (SPFS), Russia’s alternative to SWIFT. While addressing a BRICS business forum, Putin said that together with its BRICS partners – Brazil, India, China and South Africa – …

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Ukraine calculates financial aid from West

Ukraine has received $6.5 billion in aid from Western countries since the start of Russia’s military operation in late February, said Kateryna Rozhkova, the first deputy head of the National Bank of Ukraine. “Since the beginning of the war, Ukraine has received almost $6.5 billion from partner countries to support …

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Surge in Americans reporting financial worries – poll

Americans are markedly more concerned about their personal finances compared to last year, with a significant portion reporting they’re now “very” or “moderately worried” about making ends meet, a Gallup poll released on Monday has revealed.  More than half (52%) of poll respondents expressed worries about maintaining their standard of living, …

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Financial worries of Americans surge – poll

Americans are markedly more concerned about their personal finances compared to last year, with a significant portion reporting they’re “very” or “moderately worried” about making ends meet, a Gallup poll released on Monday reveals.  More than half (52%) of poll respondents expressed worries about maintaining their standard of living, a …

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Zelensky estimates Ukraine’s financial losses

Ukrainian President Volodymyr Zelensky told the World Bank and the IMF on Thursday that his country has already suffered more than half a trillion dollars’ worth of damage and needs billions in aid every month just to stay afloat. Kiev authorities estimate the country’s GDP is down anywhere between 30-50%. …

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‘New world financial order’ is coming – Moscow

A new financial order will be negotiated in the world, and the West won’t have the main say in it anymore, ex-Russian President Dmitry Medvedev has claimed. The “hellish” sanctions imposed on Russia by the US, EU, and their allies over the conflict in Ukraine have failed to cripple to …

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Russia ditches key demands in Ukraine peace talks – Financial Times

Moscow has apparently dropped several key demands in the painstaking Ukraine peace talks, the Financial Times newspaper reported Monday, citing “four people briefed on the discussions.” According to the report, Moscow is now prepared to let Ukraine “join the European Union if it remains military non-aligned as part of ongoing …

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