Western sanctions have so far cost global corporations almost $60 billion, Wall Street Journal estimates The losses of international companies from Western sanctions on Russia have exceeded $59 billion, the Wall Street Journal reported on Friday, citing data from public statements and securities filings.
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The share of cashless transactions in Russia has surged to 80%, up from just 25% a decade ago, the head of the Bank of Russia, Elvira Nabiullina, said on Saturday. “The share of non-cash payments is like a barometer for assessment of maturity of state financial system,” Nabiullina said at the international RUSSIA EXPO, which…
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From T-shirts to watermelon salads, corporate America’s response to the newest federal holiday has generated backlash With ‘Juneteenth’ now a federal holiday, US retailers have used the opportunity to hawk products marking black freedom. However, activists say that some of these products miss the mark, while others are racially offensive.
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