British officials have confirmed that Russian state assets will not be returned even after the conflict in Ukraine is over, but only when Moscow pays reparations to Kiev, The Guardian reported on Friday.
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American fashion brand Guess has reacquired its stake from a Russian partner in what experts have described as an unusual deal for the fashion market in the sanctioned country, Kommersant reported on Thursday.
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The global financial system will be plunged into uncertainty unless lawmakers agree a deal, the head of the agency warns The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has criticized Washington’s ongoing debt-ceiling impasse between the Biden administration and top Republican figures, saying a US default would have a significant ripple effect…
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