Author: Steven Sahiounie

Experts say grey areas like availability of 0% corporate tax benefit on high sea sales, investment in cryptocurrencies addressed in new RTA guide

Several nations have asked the European Commission to assess the impact of a potential ban on LNG shipments, the agency reports

More of Russia’s super-rich are keeping their money at home, driving “unprecedented” growth in the private banking sector, new research shows. The number of high-net-worth individuals (HNWI) holding assets worth over 100 million rubles (roughly $1 million) in Russian banks jumped by 50% last year compared to 2022, leading banking consultancy Frank RG reported on Tuesday.

Roughly one in six households could not pay all their monthly bills in 2023, a report released by the Federal Reserve shows

Israel has threatened to revoke a waiver for maintaining ties with financial institutions in the West Bank

Russian President Vladimir Putin has granted American Express bank the right to “voluntary liquidate” its business in Russia, according to a document published on the portal of legal acts on Wednesday.

President Mahmoud Abbas today stated that Ireland’s recognition of the Palestinian state was a great step that contributes to promoting peace and justice. In a phone call with Spanish Prime Minister Pedro Sánchez, President Abbas thanked Sánchez for his country’s courageous positions to recognize the State of Palestine, as he affirmed that this great step would contribute to the promotion of peace and justice as well as to the realization of the inalienable right of the Palestinian people to self-determination. He also affirmed that this step would further the implementation of the political solution based on the United Nations resolutions and…

Norway’s Foreign Minister Espen Barth Eide stated that Norway will arrest Israeli Prime Minister Benjamin Netanyahu and Security Minister Yoav Gallant if the ICC issues warrants. Norway’s Foreign Minister Espen Barth Eide announced that, should the ICC issue warrants, Norway will arrest Israeli Prime Minister Benjamin Netanyahu and Security Minister Yoav Gallant. This statement – made a day after the dramatic declaration by ICC prosecutor Karim Khan – positions Norway as the first European country to make such a commitment. “If an arrest warrant is issued against Netanyahu and Gallant on behalf of the Hague Tribunal, we will be obliged…

Bahrain’s King Hamad bin Isa Al-Khalifa is visiting the Russian capital, Moscow, on Wednesday at the invitation of President Vladimir Putin, state news agency BNA reported on Wednesday. The two leaders will discuss cooperation between their respective countries, regional and international developments, and the results of the 33rd Arab Summit, hosted last week in Bahrain. Bahrain’s King will likewise visit China at the invitation of President Xi Jinping to participate in the opening session of the Arab-Chinese Cooperation Forum. The two will discuss cooperation between Bahrain and China, as well as the outcome of the 33rd Arab Summit. Source: arab…

Turkish President Recep Tayyip Erdogan on Wednesday welcomed a decision by three European nations to recognize the state of Palestine, urging other countries to make similar decisions. “I am very pleased with today’s announcements” by Norway, Ireland, and Spain that they will recognize the state of Palestine, said Erdogan during his speech at International Benevolence Awards ceremony in the capital Ankara. The decision to recognize the state of Palestine comes as Israel continues its brutal offensive on the Gaza Strip since October 7, 2023, despite a UN Security Council resolution demanding an immediate cease-fire in the enclave. “Those who provide…