One of the world’s oldest writing and art supplies manufacturers says it has to raise prices to alleviate costs on raw materials Russia’s ban on the export of timber has forced Czech pencil manufacturer Koh-I-Noor Hardtmuth to seek new suppliers and raise prices, the company’s owner, Vlastislav Brzhiza, told newspaper Seznam Zpravy.
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The new settlement mechanism will allow countries to bypass Western financial messenger SWIFT, Anton Siluanov has said BRICS finance ministers are currently examining the possibility of launching a common blockchain-based system of financial settlements that could be used in place of the Western-dominated financial messaging system SWIFT, Russian Finance Minister Anton Siluanov said on Friday.
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