Russia has a basis for creating an analogue of the SWIFT payment system, Russian Foreign Minister Sergei Lavrov said. "The basis [of an alternative to SWIFT] exists. And I am convinced that both the government and the Central Bank …
The European Union, the U.S. and dozens of other nations pledged $6.4 billion in aid to help tackle war-ravaged Syria’s deepening humanitarian and economic crises and assist neighboring countries hosting refugees, coming up short of …
The Bank of Russia raised the key rate for the first time since December 2018 - by 0.25 percentage points to 4.5% per annum and said it could be raised again at following meetings, the regulator said on Friday. "On 19 March 2021, …
The Russian tax authorities will have expanded access to banking secrecy from March 17. Banks will have to provide copies of customer passports, copies of powers of attorney for the disposal of funds, copies of an agreement for opening …
Treasury Secretary Janet Yellen said today that the $1.9 trillion American Rescue Plan, which passed in the Senate on Saturday, will benefit the economy, and she said she hoped the country and economy would be "back to full …
The World Health Organization (WHO) announced the launch of its "Strategic Preparedness and Response Plan 2021" for the COVID-19 pandemic that would require $1.96 billion in support from its member states. According …
U.S. President Joe Biden has rescinded the national emergency order used to fund Donald Trump's border wall. In a letter to Congress on Thursday, Biden wrote that the order was "unwarranted" and said that no further tax …
The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high, according to the trading data. As of 11:11 am, the Bitcoin price equaled $47,800 (+2.91%). Tesla’s …
Armenia's Central Bank has decided today to raise the refinancing rate by 0.25% setting it at 5.5%. According to the press service of the regulator, the pawnshop repo rate provided by the Central Bank was 7%, and the rate on funds …
The governments of Kazakhstan, Uzbekistan, and the United States have launched the Central Asia Investment Partnership under the umbrella of the C5+1 format, in order to promote private-sector growth and strengthen regional economic cooperation, The Diplomat writes in the article Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US. The new initiative comes at a time when Kazakhstan is looking to diversify its economy to deal with the effects of the coronavirus pandemic and achieve its long-term goal of becoming one of the most developed nations by 2050
Saudi Arabia’s king appointed Fahad al-Mubarak as central bank governor, his second stint in one of the most sensitive positions in the kingdom replacing Ahmed al-Kholifey, a decree carried on state media on Sunday said. Mubarak, …
A historic event connected with the recognition of Crimea as Russian territory took place today in Great Britain: the Office of Financial Sanctions Implementation of HM Treasury canceled a ban on payments for ships under the British flag in …
Bitcoin prices rallied again today, surpassing the $36,000 price level as the cryptocurrency benefited from sustained momentum. The world’s most prominent digital currency climbed to as much as $36,461.69 at roughly 4 p.m. EST, …
The second container train carrying freight from Turkey, consisting of 42 containers each 40 feet long, has arrived in China's Xi'an. The transportation, which plays a key role in rail freight between China and Europe, was …
In Kazakhstan, in 2021, a phased transition to online sales of investment and collectible coins from precious and base metals begins. The National Bank explained this step by a desire to protect citizens from coronavirus infection. At …
The Georgian Parliament has approved a state budget of 18.4 billion GEL for 2021 at an extraordinary session yesterday. The state budget includes over 890 million GEL expenditures for quarantine, testing and …
At its last meeting this year, the Bank of Russia decided to once again retain the key rate at 4.25% per annum, according to the regulator’s press release. It indicates a more significant and lasting impact of one-off …
The International Monetary Fund (IMF) Executive Board has completed the Seventh Review of Georgia’s economic reform programme supported by a four-year extended arrangement under Extended Fund Facility (EFF) and approved a disbursement of …
Finance Minister Anton Siluanov said on Wednesday that the decision by OPEC+ last week to gradually increase oil output would help Russia to fulfil its budget revenue plan and also potentially grow its sovereign wealth fund, Reuters reports. …
For the first time in many years, the use of the services of the International Bank of Azerbaijan (IBA) has become available in the territories of Azerbaijan liberated from occupation, the IBA said. Thus, a mobile ATM of the IBA has …
