Govt promises to bail residents out of rising fuel costs

The Nicaraguan authorities are to cover 70% of the increase to keep high prices at bay The government of Nicaragua announced on Friday that it would not be hiking fuel prices, despite the surge on global markets amid the crisis in Ukraine.

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China takes new measure to promote de-dollarization

The Chinese authorities have extended trading hours for the onshore yuan as part of the state goal to broaden cross-border use of the national currency and boost yuan trading activity, Bloomberg reports.

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Kiev concedes loss of key town – AFP

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