Latvia is serving as a middleman for the import of Western spirits into the Russian market, experts say Latvia became Russia’s top supplier of whisky last year, reaching $250 million in sales and outpacing all other exporters combined, RIA Novosti reported on Monday, citing industry data.
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Russian President Vladimir Putin on Tuesday signed a decree on the suspension of certain provisions of tax treaties with the United States, several EU countries, and other so-called ‘unfriendly states’. The idea to scrap double-taxation treaties with those who hit Moscow with sanctions had been proposed by Russia’s finance and foreign ministries.
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Indonesia is considering joining India and China in buying discounted Russian oil to offset increased pressure from rising energy costs, the Financial Times reported on Monday. “We always monitor all of the options. If there is the country (and) they give a better price, of course,” President Joko Widodo said in an interview with the…
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