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06.08.26 - 12:51
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EU To Use $1.62 Billion In Interest From Frozen Russian Assets To Support Ukraine (ZeroHedge)
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EU To Use $1.62 Billion In Interest From Frozen Russian Assets To Support Ukraine
Authored by Victoria Friedman via The Epoch Times,
The European Union will use $1.62 billion accumulated from interest on frozen Russian assets to support Ukraine, the union's executive branch has said.
European Commission President Ursula von der Leyen speaks during a news conference as part of the European Council meeting to discuss Ukraine, European defense, recent developments in the Middle East, competitiveness, housing, and migration, in Brussels, Belgium, on Oct. 23, 2025. Nicolas Tucat/AFP via Getty Images
The European Commission said in an Aug. 4 statement that the funds, transferred to the bloc on Monday, came from the immobilized assets of Russia's central bank being held by the Central Securities Depositories in the EU.
This was the fifth such transfer of its kind, with the seized assets having generated a total of $9.23 billion in interest.
European Commission President Ursula von der Leyen said th...
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05.08.26 - 11:18
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Russian Service Sector Downturn Eases In July (AFX)
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MOSCOW (dpa-AFX) - Russia's services activity deteriorated at the slowest pace in three months in July, survey results from S&P Global showed on Wednesday.The services purchasing managers' index, ......
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03.08.26 - 09:18
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Goldman Sachs Warns on Russia-Driven Diesel Squeeze (Bloomberg)
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Samantha Dart, co-head of global commodities research at Goldman Sachs, joined Haslinda Amin on Insight with Haslinda Amin to discuss growing risks in diesel markets. Dart says disruptions to Russian fuel exports and the US-Iran war are tightening supplies, raising concerns about global refining capacity and fuel prices. (Source: Bloomberg)...
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16.07.26 - 14:30
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Visa, Mastercard cards effectively absent from Russian market (TASS)
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Dmitry Dubynin added that such cards are subject to physical wear and tear, their chips' security certificates eventually expire, and all of this requires the NSPK to implement additional technical solutions to ensure they continue to function properly...
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