Russia ditching ‘unreliable’ dollar in trade – Lavrov

The US no longer ensures its national currency’s role on the global market, the Russian Foreign Minister has insisted Moscow will continue expanding trade relations with ‘friendly’ countries and boost the use of national currencies, cutting the US dollar’s share, Russian Foreign Minister Sergey Lavrov stated on Friday. According to the top diplomat, Moscow has…

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Scholz explains Ukraine weapons refusal

German Chancellor Olaf Scholz has said Berlin is reluctant to provide longer-range munitions to Kiev out of concern for a possible escalation should Ukraine decide to use them to strike Russian territory.

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Major Russian bank winds down Swiss business – top official

Operations will be referred to external banking partners, Gazprombank chairman says Gazprombank will cease operations in Switzerland after “a strategic review of various options,” Chairman of the Board of Directors, Ivan Dun, said in a statement on Monday.

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