Replacing Russian natural gas on the European market is “not practically possible,” Qatari Energy Minister Saad al-Kaabi said in an interview with CNN on Thursday. The official, who is also the president and CEO of state-owned QatarEnergy, noted that “from 30 to 40% of the total volume of gas supplied …
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Australia has imposed new sanctions on 22 Russian nationals it accuses of being “disinformation operatives,” as well as Belarusian President Alexander Lukashenko and members of his family over support for Moscow. The Foreign Ministry announced the penalties on Friday, saying those who have attempted to “legitimize” Russia’s attack on Ukraine must …
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Russia addressed the concerns of European countries on Thursday about the plan to switch settlements for gas delivery from euros to rubles. Serbian President Aleksandar Vucic said that Moscow’s decision would create many problems. He explained that Bulgaria, the country through which gas supplies to Serbia and Hungary is delivered, …
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The US Treasury Department on Thursday issued guidance on its website warning that gold-related transactions involving Russia may be subjected to sanctions by US authorities. The move is aimed at stopping Russia from evading existing sanctions, the statement said. “Our purpose here is to methodically remove the benefits and privileges …
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A pair of Russian pranksters posted a video on Thursday in which one of the duo, impersonating Ukrainian Prime Minister Denis Shmygal, told British Home Secretary Priti Patel that he hoped Britons were fine with Ukrainian “nationalists” settling in their country. Patel said the British public wasn’t worried about it. …
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US tech giants are helping the FBI’s recruitment drive against Russian diplomats stationed in the US capital, the Washington Post reported on Wednesday. Ads on Twitter, Facebook and Google are geolocated to the Russian embassy and encourage recipients to divulge information to the US security agency. The campaign, which an …
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Russia’s stocks continued to rise sharply on Thursday as the Moscow Exchange reopened for limited trading this week, after suspending most of its transactions on February 28. The ruble-based MOEX benchmark went up more than 11% to 2,743 points. The dollar-denominated RTS index of leading Russian stocks was down slightly, …
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Global economies will be rethinking how safe it is to rely on the US dollar in their foreign currency holdings, the deputy head of the International Monetary Fund, Gita Gopinath, said on Tuesday. The statement comes after half of Russia’s forex holdings were effectively confiscated by international financial institutions amid …
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Russian Central Bank Governor Elvira Nabiullina did not attempt to resign over Ukraine only to have her resignation personally rejected by President Vladimir Putin, the regulator said on Wednesday. It reiterated that “the information provided by the Bloomberg agency is not true.” Earlier, Kremlin spokesman Dmitry Peskov suggested those curious …
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Anatoly Chubais has resigned from his position as the special presidential aide for sustainable development and left Russia. The move by Russia’s economist and long-time official was confirmed by Kremlin spokesman Dmitry Peskov on Wednesday. According to a Bloomberg report citing two sources familiar with the situation, the decision was …
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