Russia’s Finance Ministry announced on Thursday it has settled two issues of dollar-denominated Eurobonds “in full” by sending 12.51 billion rubles ($234.5 million) in coupon payments to the National Settlement Depository (NSD). It’s the first payment made under a new mechanism, which enables transactions in rubles. According to the ministry, …
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Norway announced on Thursday that the nation’s sovereign wealth fund, the world’s largest, lost $74 billion (- 4.9%) during the first quarter of the year due to the market turmoil caused by geopolitical tensions in Ukraine. According to the country’s central bank, which operates the $1.3 trillion fund, the world’s …
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The proportion of US dollars in the fund was reduced from 35% to zero, while the share of the British pound was lowered to 5%. The shares of the euro and the Chinese yuan were increased to 39.7% and to 30.4%, respectively. The share of the Japanese yen stands at …
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In April, US President Joe Biden signed an executive order authorizing the imposition of yet more restrictions. The move signaled a further expansion of Washington’s existing sanctions policy on Moscow, which is aimed at cutting off Russia from the global financial markets. The new restrictions bar American investors from directly …
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Anton Siluanov said that the National Wealth Fund would reduce its share of dollars to zero within the next month. Speaking as part of the St. Petersburg International Economic Forum, he said that the process would be “fast enough” and would mirror a similar move by the country’s central bank …
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As Australia launched its mass vaccination using the Pfizer jab on Sunday, Health Minister Greg Hunt promised a wide-ranging communication campaign to promote inoculation. The publicity drive will take place both offline and online – but nothing will be posted to Facebook, Hunt told national broadcaster ABC. Exclusion of the …
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The Ministry found cyberscene successful, but DW interviewed experts called the threat fictional, and the results of the exercise is questionable. All-Russian exercises “sovereign of the Internet”, which prescribes the law with the same name in Russia, were held on Monday, December 23, under the leadership of the Ministry of …
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