The US Senate voted unanimously to scrap Moscow’s ‘most favored nation’ status and codify a ban on Russian oil American lawmakers have passed legislation to end favorable trade relations with Russia and halt all oil imports from the country, with the Senate fully united in its vote and only a few stray representatives dissenting in…
){kind=link}
The latest round of penalties targeted state-run companies in Russia, including a major diamond mining concern The United States has imposed another layer of sanctions on Moscow, this time targeting state-owned enterprises, including one of the world’s largest mining companies and Russia’s top shipbuilding firm.
){kind=link}
The Bank of Russia has amended its gold buying method due to the strengthening of the domestic currency and will now buy the precious metal at a “negotiated price,” the regulator said in a press release on Thursday. The policy becomes effective on Friday, April 8.
){kind=link}