Russian oil exports yielding more revenue than before Ukraine conflict – Bloomberg

Moscow is maintaining control over its crude shipments and progressively increasing the prices, the outlet says Russia’s monthly revenues from oil exports are now higher than before the beginning of the military operation in Ukraine, indicating that Western sanctions on the sector have failed, Bloomberg reported on Wednesday.

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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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