Ukraine Financial News

By Lewis Jackson and Roushni Nair

NEW DELHI : Finance minister Nirmala Sitharaman backed the need for improved bilateral trade relations between India and Sri Lanka at a time when multilateral tie-ups were not working, and said that the country should look at opportunities for regional currency arrangements, food and energy security, in order to protect the country’s economy and prevent forex driven crisis. "Global multilateral treaties are now receding. It is not happening.

Nirmala Sitharaman on Thursday said that the global multilateral treaties are now receding. She also said that there is clear interest in having bilateral arrangements in regional currencies. Speaking at the India-Sri Lanka Business Summit in Colombo, Sitharaman said: “Global multilateral treaties are now receding.

Secretary of State Antony Blinken says the U.S. has imposed a new round of sanctions targeting Russia over its invasion of Ukraine

By Patricia Zengerle

The recent surge in gold price is emblematic of its enduring status as a safe-haven asset, consistently bolstered by investor confidence. The catalyst behind this surge is the ongoing conflict in the Gaza Strip, which has escalated into a ground invasion by Israeli forces.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

MOSCOW (Reuters) — Russia's dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit in the third quarter and a return on equity (ROE) of 27.6% as it recovers from a difficult 2022.

WASHINGTON (Reuters) -U.S. House of Representatives Speaker Mike Johnson said on Wednesday he plans to hold a vote on a standalone Israel aid bill despite a Congressional Budget Office report showing it could increase the federal deficit.

Global Market Intelligence. Though the October PMI Manufacturing data was above its long-run average of 53.9, it was the slowest rate of expansion recorded since February. The 50-mark separates expansion from contraction.

The European Commission chief urged Bosnia to “with one voice” if it wants to move forward in an effort to join the European Union after gaining candidate status last year

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! “Indian nationals wishing to open such a bank account are advised to approach an Indian bank that has a partnership agreement with the Central Bank of the Russian Federation for guidance," it said.

Web3 platform WalletConnect, which links cryptocurrency wallets, has restricted its services in Russia, in light of the latest US Guidelines.

Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately lead to some tough choices in the future like cutting Social Security.

Much of the fossil fuel industry may be facing an era of credit downgrades if producers prove too slow to adapt to a low-carbon future, according to Fitch Ratings.

Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independe...

Singapore’s defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the Israel-Hamas war would be devastating for the continent and it...

Samsung Electronics has reported its highest quarterly profit for the year

The last American President who tried to finance a war along with a new Great Society was Lyndon Johnson. It ended in inflation and retreat in Vietnam. President Biden now wants Congress to help allies win two wars abroad, and deter a third over Taiwan, yet he wants to continue spending on everything as if nothing in the world has changed.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

Cost of living Updates Nov 1 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.