Bulgaria plans to wean itself from Russian oil by next fall despite being exempt from the EU-wide ban on crude purchases from the sanctioned country, Bloomberg reported on Thursday, citing officials. The Balkan country had been allowed to continue buying seaborne Russian oil for its Neftohim refinery, owned by Russia’s Lukoil, until the end of…
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Moscow and its trade partners should switch to transactions in national currencies, Andrey Kostin believes Russia should abandon the use of the Western-controlled global financial messaging system SWIFT, the head of Russia’s second-largest bank has argued.
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The billionaire entrepreneur continues to insist that the Starlink network should not be a “participant to combat” SpaceX has signed its first contract with the Pentagon to provide satellite services as part of its new ‘Starshield’ program. CEO Elon Musk described the effort as a military alternative to the “civilian” Starlink system, although it will…
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