Western restrictions imposed on Moscow have boosted the Chinese currency, Oleg Deripaska claims The share of Chinese yuan in global payments has nearly doubled because of the sanctions policies pursued by the US and the EU, Russian businessman Oleg Deripaska said on Wednesday.

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The US will face grave consequences if the hostilities in Gaza are not brought to an end, Iran’s defense minister warned on Sunday. “Our advice to the Americans is to immediately stop the war in Gaza and implement a ceasefire, otherwise they will be hit hard,” Mohammad-Reza Ashtiani said, as cited by IRNA.