Tag Archives: sanctions

On Tuesday, Democratic and Republican senators asked for imposing secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow’s invasion of Ukraine.The news adds momentum to the prevalent risk aversion and exerts downside pressure on the AUD/USD prices but fails …

On Wednesday, Russia’s Vladimir Putin described Western sanctions “stupid” and threatened to halt all energy sales to Russia’s critics if they move forward with a cap on oil prices proposed by the G7 industrialized economic powers.“We will not supply gas, oil, coal, heating oil, we will not supply anything,” Putin …

The Treasury Department is facing complaints from the cryptocurrency industry over sanctions imposed on a firm accused of helping to launder billions of dollars, with some funds going to North Korean hackers.In early August, the Treasury Department imposed sanctions on the virtual currency mixing firm, Tornado Cash, which allegedly helped …

A document from the Russian Economy Ministry, seen by Reuters, showed that rising oil export volumes, accompanied by rising gas prices, will boost Russia’s revenue from energy exports to $337.5 billion this year, an increase of 38% from 2021. This jump in revenue, if realized, would help bolster Russia’s economy …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: EURUSD The euro found a pivotal resistance level, representing one of the most important keys to the …

The Russian GDP from April through June declined 4 percent over last year according to new government data. Russia’s economy contracted in the second quarter as the economic consequences of its war in Ukraine took hold.The economy shrank 4 percent from April through June compared with a year ago, the …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: US Jobs Data The US jobs data came on the positive side as the US economy added …

Official customs data showed that Chinese exports to Russia rose significantly in July after a 4-month decline. Reuters calculations based on customs data indicated that exports to sanctioned Russia rose 22.2 percent in July from the previous year in dollar terms, reversing a 17 percent decline in June, the first …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: Despite the Federal Reserve raising interest rates by 75 basis points, the US markets are performing positively; …

The Russian ruble fell against the dollar to its lowest level in more than three weeks in Moscow markets on Monday as oil prices fell and after the Russian currency lost the support of a favorable tax collection period at the end of last month. At 0729 GMT, the ruble …