Wall Street stops servicing Russian debt – Bloomberg

JPMorgan and Goldman Sachs are winding down operations as Washington bans US investment JPMorgan Chase and Goldman Sachs are withdrawing from handling trades of Russian debt, Bloomberg reported on Tuesday. The pullout follows Washington’s announcement last week that it was banning US investors from holding such assets.

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Disposable income in UK to drop to its lowest since 1950s – report

Experts say that high inflation would force Britons to spend less, causing a downturn in the economy The UK is poised to enter a ‘household recession,’ as soaring prices weaken consumer confidence and force people to cut back on spending, the Confederation of British Industry (CBI), a leading business group that speaks for 190,000 UK…

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Turkey reveals position on NATO expansion for upcoming key summit

President Erdogan will tell fellow NATO leaders that his country won’t compromise on Sweden and Finland’s membership applications Ankara maintains its opposition to Sweden and Finland joining NATO, the office of Turkish President Recep Tayyip Erdogan said on Monday, a position he is expected to reiterate to NATO state leaders at the upcoming summit in Spain.

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