A swaps panel has urged the US Treasury to temporarily allow trading in Russian assets A group of 13 banks and asset managers have asked the US Treasury’s Office of Foreign Assets Control (OFAC) to temporarily allow trading in credit default swaps (CDS) on Russian government bonds, Bloomberg reports, citing people familiar with the situation.
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An American fighter jet shot down a Turkish strike drone over northern Syria on Thursday, the Pentagon has officially confirmed. The Anka-S UAV was said to have approached the area in Hasakah province where US forces were operating.
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Estonia, Lithuania and Bulgaria have the fastest consumer price growth in the bloc Consumer price growth has hit double digits in at least a third of EU countries, with the most severe spike seen in the Baltic region, the Financial Times reported this week.
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