The US treasury secretary campaigns in Asia, seeking a price cap on Russian crude The US has held ‘encouraging’ talks with India about a price cap on Russian oil that Washington wants to introduce in order to limit Moscow’s revenues and push down global crude prices, Reuters reported on Monday.
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The Chinese currency has been gaining a foothold amid increasing de-dollarisation The share of the Chinese yuan in Russian exports and imports saw another surge in April, increasing by 23% and 31% respectively, the Central Bank of Russia said in its latest review of financial market risks earlier this week.
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Damaged communications cables halted traffic for nearly three hours in the northern part of the country Deutsche Bahn, Germany’s national railway company, said that an act of “sabotage” had affected its radio communications network on Saturday morning. The incident brought rail traffic in the northern part of the nation to a standstill and stopped trains…
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