Swiss bank helped US taxpayers hide billions

Banque Pictet used “a variety of means” to help customers evade taxes, prosecutors say A major Swiss bank has admitted to helping American taxpayers and others to hide billions of dollars from the US Internal Revenue Service (IRS), the Department of Justice (DOJ) announced on Monday.

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Yuan benefiting from sanctions on Russia – tycoon

Western restrictions imposed on Moscow have boosted the Chinese currency, Oleg Deripaska claims The share of Chinese yuan in global payments has nearly doubled because of the sanctions policies pursued by the US and the EU, Russian businessman Oleg Deripaska said on Wednesday.

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Caribbean country embraces Russia’s alternative to MasterCard

Mir payment cards are now reportedly accepted in popular tourist destinations in Cuba Cuba has started accepting Russia’s Mir payment cards at point of sale (POS) terminals, the press service of the Russian National Payment System (NSPK) has said.

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