Russia proposes alternative to EU clearing houses

A new securities depository exchange in the Persian Gulf could replace Euroclear and Clearstream, a top banker has said An international depository settlement hub should be created in the Persian Gulf to provide an alternative to EU securities transactions companies Euroclear and Clearstream, the CEO of Russia’s second-largest bank VTB, Andrey Kostin, said on Thursday.

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Nuclear Ukraine? Amid 'concerns' over alleged Russian threat, the world overlooks the real danger

Kiev is capable of building an atomic device, and its leaders often outline such thoughts Last year, Western media and high-ranking politicians actively discussed the possibility of Russian troops using atomic weapons in Ukraine. There has even been speculation on the likelihood of a nuclear war breaking out. However, it could be said that the risk…

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France reveals scope of new anti-Russian sanctions

Fresh penalties will target steel products, exports of luxury goods, as well as investments in Russian oil sector French Foreign Minister Jean-Yves Le Drian has announced a new package of restrictive measures that comes into effect on Sunday. Le Drian flagged the “scope of the consequences of sanctions” being imposed by the EU on Russia…

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