Author: Steven Sahiounie

Kiev would be entitled to the funds upon its accession to the bloc, according to the newspaper Ukraine could receive billions of euros in subsidies from the EU upon the country’s accession to the bloc, the Financial Times reported on Wednesday, citing an internal study by the secretariat of the EU Council. According to the report, Kiev would be entitled to €96.5 billion ($101 billion) in payments from the EU’s Common Agricultural Policy. Ukraine would also be eligible for €61 billion ($64 billion) in subsidies from the EU’s cohesion funds, dedicated to improving infrastructure in poorer member states. In total,…

The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year. Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled to 76. Nearly $686 million was lost in the recent quarter. The highest loss came from the Mixin hack of September 25, which drained approximately $200 million. The Multichain hack was the second-worst…

BTC price support gives in to sellers at six-week highs, but Bitcoin remains in its classic trading range. Bitcoin traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close. Bitcoin bulls slip at $28,600 Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $27,500. The pair unwound overnight, descending from six-week highs near $28,600 to bounce at $27,335 before stabilizing. Despite the risk of the October opening move becoming a form of “fakeout,” market participants kept their cool. “Yesterday’s breakout did not instantly send us to $30k. I consider this a good thing, because those vertical…

“It is important now that these prices are mirrored in the small wholesale link, for producers buying at oil depots and not on the exchange,” the deputy prime minister noted SOCHI, October 3. /TASS/. The price of small wholesale fuel has already begun to fall in the majority of Russian regions and this will be felt by consumers at the pump, Deputy Prime Minister Alexander Novak told reporters on the sidelines of the annual meeting of the Valdai Discussion Club. “Decisions made regarding the ban on exports of Russian petroleum products, primarily diesel fuel, have already resulted in a significant…

According to the ministry, settlements under transactions made at the auction will be performed on the next business day MOSCOW, October 3. /TASS/. The Russian Ministry of Finance announced an auction for an issue of federal loan (OFZ) bonds to be held on October 4, the ministry said. Series 29025 variable coupon OFZ-PK bonds mature on August 12, 2037 will be offered to investors in the amount of the available balance of the issue, the ministry said. “The amount of bids to be satisfied at each auction will be driven by the demand and the amount of the premium requested…

The CBUAE continued to coordinate with the bank to complete the remediation process ABU DHABI: The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on a bank operating in the UAE. This is a result of the bank’s adherence to the directives of the CBUAE with regard to the appointment of a consultant to take action and remediate its Anti Money Laundering (AML) Compliance Framework. On 4th August 2021, CBUAE imposed administrative measures on the bank, pursuant to Article 14 of the Federal Decree Law No. 20 of 2018 on Anti Money…

The protocol aims to provide new real estate financing to low and medium-income citizens who submitted requests to buy real estate units offered by the fund The Social Housing and Mortgage Finance Fund has signed a cooperation protocol with QNB Alahli to offer real estate financing worth EGP 2 billion to low and medium-income citizens, Ministry of Housing, Utilities and Urban Communities stated. This brings the total mortgage provided by the bank to the fund to EGP 5 billion, the fund’s CEO Mai Abdel Hamid said. The protocol aims to provide new real estate financing to low and medium-income citizens…

Remittances from Qatar fall 40% in the first eight months of 2023, reveals Kenya central bank data Remittances from Saudi Arabia climbed 30.28% to reach $246 million in the first eight months of 2023, compared to $188.8 million in the same period last year, according to the Central Bank of Kenya data. The Middle East’s largest economy continued to grow at the fastest pace amongst top global sources, Business Daily reported, citing the data.Saudi Arabia has surpassed the UK to become the second largest source, contributing 62.3% of the $91.79 million growth in total inflows. “We are about to sign a labour…

Dmitry Peskov stated that there are some additional questions that Russia “must address to Armenia’s current leadership” Russia views Armenia’s ratification of the Rome Statute of the International Criminal Court (ICC) as an ill-considered move in terms of bilateral relations, Kremlin Spokesman Dmitry Peskov told reporters. “We doubt – and we have harbored doubts about this from the very start – that Armenia’s move to join the Rome Statute of the International Criminal Court is a sound decision in terms of bilateral relations. We still believe that it was an ill-considered decision,” he noted. Peskov highlighted that Armenia is a…

According to the Ukrainian leader, he discussed with the commanders of the brigades the operational situation and other issues Ukrainian President Vladimir Zelensky has said he visited the country’s troops in some locations near the towns of Kupyansk and Liman. “We are now visiting our brigades that carry out combat missions in one of the hottest areas: the Kupyansk-Liman area,” he said on Telegram. According to Zelensky, he discussed with the commanders of the brigades the operational situation and other issues. The Russian Defense Ministry said on Monday that units of the battlegroup West, supported by aircraft and artillery, had…