The US President admits that Washington needs time to deal with the current challenges The American banking sector is not going to explode, US President Joe Biden said on Friday, but added that the country still needed some time to resolve the present difficulties at financial institutions.

Brussels is reportedly concerned about an uptick in dual-use items being shipped to Central Asia The European Union may introduce trade restrictions on Central Asian countries over alleged help to Russia to circumvent sanctions imposed on Moscow over the military operation in Ukraine, The Telegraph reported on Friday, citing a confidential paper.

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