Browsing: Russia

Türkiye has become the largest importer of Russian energy in the Western Hemisphere after European countries halted most Russian oil and natural gas imports, Reuters reported this week.

Russia has been added to Germany’s list of “non-cooperative jurisdictions for tax purposes,” according to an announcement published in the Bundesanzeiger (Federal Gazette) earlier this week.

Shares in Raiffeisen Bank International (RBI) rallied around 12% on Wednesday shortly after the banking group announced plans for its Russian unit to purchase a stake in Austrian construction giant, Strabag.

Vladimir Smerkis, the former chief executive of Binance in the Commonwealth of Independent States (CIS), has cautioned that the United States will persist in applying sanctions pressure on Russian cryptocurrency users.

The US Treasury Department has imposed a ban on imports of Russian salmon, cod, pollock, and crab, as well as on seafood products obtained from their processing, an official statement published on Friday said.