Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers.
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Berlin has reportedly okayed the potential shipment of dozens of Czech-owned Soviet-era armored vehicles to Kiev Germany has given the green light to supply 58 PbV-501 (BMP-1) infantry fighting vehicles (IVFs) to Ukraine, a spokesman for the Defense Ministry told the Welt newspaper, on Friday. While the vehicles are currently owned by a Czech firm, any…
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A US debt crisis is looming as the American economy is facing a “risky” fiscal situation, according to the founder of the world’s largest hedge fund, Bridgewater Associates, Ray Dalio. Dalio’s warning comes as the country’s national debt topped $33 trillion this month. US lawmakers are currently negotiating a spending bill before the October 1…
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