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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President Fernandez says Argentina wants to be a full member of the emerging economies’ alliance Argentina wants the BRICS emerging economies to admit it as a full member, President Alberto Fernandez said on Friday at the group’s 14th summit.
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Russia’s state debt will not exceed 16% of GDP in 2022-24, according to a Finance Ministry document seen by TASS. This year, it is expected to stay at the same level, as in the previous year. In 2023, the share of the debt will slightly decrease to 15.9%, and in 2024, it will rise again…
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