Author: Steven Sahiounie

The Chinese leader Xi Jinping announced the intention to bring trade between the two countries to $250 bln in 2024 at a meeting with Russian President Vladimir Putin, Liu Xu noted

Egypt called Monday for ending Israel’s ongoing offensive on the Gaza Strip and access to humanitarian aid into the Palestinian enclave “without conditions.” Egyptian Foreign Minister Badr Abdelatty held talks in Cairo with his Turkish counterpart Hakan Fidan, who is visiting Egypt upon an Egyptian invitation. “We discussed the crisis in Gaza, as well as the situation in Libya, Sudan, Yemen, and the Red Sea,” Abdelatty said during a joint press conference with the Turkish foreign minister. “Our message to the world is to work towards ending the war in Gaza and ensuring that aid reaches the enclave without conditions…

The Bank of Russia carries out purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the yuan-ruble instrument

Amid endless sanctions and Russia’s disconnection from SWIFT, the Bank of Russia has developed its own payment system, which many countries have already joined, Valentina Matviyenko noted

Jordan’s King Abdullah, in a phone call on Monday with US President Joe Biden, warned of what he called “hostile acts” by Israeli settlers against Palestinians and “unilateral measures” that threaten the status quo of Jerusalem’s holy sites.King Abdullah’s Hashemite dynasty is custodian of the Muslim and Christian holy sites in Jerusalem. Last month, Israeli Prime Minister Benjamin Netanyahu said there was no change in policy regarding a Jerusalem site also sacred to Muslims, after a far-right cabinet minister said Jews could pray there.The compound, in Jerusalem’s walled Old City, houses Islam’s third-holiest shrine, Al-Aqsa mosque, and is also revered…

Earlier, the Ministry reported that payments from the Russian budget to oil companies for the fuel damper in July amounted to 142.5 bln rubles ($1.67 bln)

Arab League Secretary-General Ahmed Aboul Gheit has warned against the region being dragged into a spiral of escalating violence in light of the grave risks posed by current Israeli actions. He expressed his concerns when he received Turkish Foreign Minister Hakan Fidan. Gamal Roshdy, spokesman for the secretary-general, said that the meeting included an in-depth discussion of the regional situation. They also explored ways to advance relations between the league and Turkiye in political, economic and other matters during the next phase. The meeting included an exchange of views on important regional and international issues, most notably the developments of the…

The spread between the price of Italian and German securities indicative of the foreign debt service interest surged to 150 points against such background Milan-based Borsa Italiana ended the trading session on Monday with the drop of its Ftse Mib key indicator by 2.27% to 31,293 points. The main index declined during the day by as much as 4.3%, ANSA news agency said. As a result, the Milan stock exchange showed the worst performance as compared to Frankfurt, Paris, London and Madrid, with losses up to 15 bln euro on Monday alone. The spread between the price of Italian and German securities…

The Central Bank said on June 13 that it would fix official dollar and euro rates against the ruble on the basis of reports of banks on results of transactions in the over-the-counter currency market

“Inflation in the consumer market decelerated to 0.08% over the week from July 23 to 29, 2024,” the ministry informed