Erdogan told Turkish officials to boycott Davos – Bloomberg

The Turkish leader was reportedly angered by the World Economic Forum’s response to Israel’s war in Gaza Turkish President Recep Tayyip Erdogan has intervened to stop Finance Minister Mehmet Simsek from attending the World Economic Forum’s (WEF) meeting in Davos this week over the organization’s stance on the Israel-Hamas war, Bloomberg reported on Monday.

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Russian seaborne crude exports jump to four-month high – Bloomberg

Shipments have reportedly averaged 3.5 million barrels a day for the past four weeks Russian seaborne oil exports climbed steadily to reach a four-month high in the week to October 22, Bloomberg reported on Tuesday, citing tanker-tracking data.

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EU has frozen $70 billion in Russian assets – Politico

Exactly how much of that sum consists of the country’s forex reserves is still unknown, the outlet says, citing an official document Roughly €68 billion ($70 billion) in Russian assets have been frozen by the EU, most of which are in Belgium, Politico reported on Friday.

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