The Russian Central Bank has announced that it will begin to intervene in the foreign exchange market after the Russian currency plunged to a record low following the Russian military intervention in Ukraine. “The Bank of Russia will ensure the maintenance of financial stability and business continuity of financial institutions by using ...
New sanctions imposed by the US, UK and the European Union are targeting some names close to Russia’s president and Russian banks following Moscow’s decision to officially recognize the so-called administrations of two separatist regions in eastern Ukraine. While the activities of some Russian banks in international markets were restricted wit...
NUR-SULTAN, Kazakhstan (AA) – Kazakhstan, which ranks first globally in crude uranium production, is taking steps to produce nuclear energy, a senior official said on Wednesday. Jaslan Kasenov, the head of the Nuclear Energy and Industry Department of the country’s Energy Ministry, told journalists in Nur-Sultan that Kazakhstan is curren...
KARACHI, Pakistan (AA) – Pakistan’s Prime Minister Imran Khan left for Moscow on Wednesday for a two-day visit to Russia amid escalating tensions in the region. During his maiden trip, Khan will meet President Vladimir Putin and other Russian leaders, including the deputy prime minister, as well as local businessmen and investors, the Prime Mi...
DHAKA, Bangladesh (AA) – At least three passengers were killed and one went missing after a passenger ferry capsized in a southern river in Bangladesh early Wednesday, an official said. The 28-meter-long (92 feet) wooden water vessel was carrying 45 people, including three crew members, when it collided with a big passenger ferry. The pr...
TEHRAN, IRAN – FEBRUARY 23: Iranian Foreign Minister Hossein Amir-Abdollahian said they are optimistic about nuclear talks. “So far we are optimistic about the Vienna talks. We hope that some sensitive and important issues remaining in the negotiations will be resolved in the coming days with realism from the Western side,” h...
Britain on Tuesday sanctioned five Russian banks and three individuals in response to Russia’s recognition of Ukraine’s separatist regions. The Russian banks sanctioned are Rossiayaz Bank, IS Bank, General Bank, Promsvyazbank, and the Black Sea Bank, Prime Minister Boris Johnson announced. Gennady Timchenko, Igor Rotenberg, and Boris Rotenberg...
Iran’s President Ebrahim Raisi on Tuesday declared his country’s readiness to supply natural gas to the world, including Europe. Raisi said his country has been able to boost its natural gas production and carry out significant projects in the oil and gas sectors by banking on domestic expertise and resources. He said sanctions imp...
DOUALA, Cameroon (AA) – At least 59 people are dead and many injured following an explosion Monday at an artisanal gold mining site in southwestern Burkina Faso, local media reported. The powerful blast also caused a huge amount of material damage at the Gomgombiro gold panning site in Gbomblora, a village about 386 kilometers (24...
DOHA, Qatar (AA) – Qatar’s Emir Sheikh Tamim bin Hamad Al Thani on Tuesday called for more dialogue to ensure the security of global gas supplies amid signs of a natural gas crisis in Europe due to escalating tensions between Russia and the West. The Qatari ruler made the call during the Sixth Summit of […]