Ecuador's government, indigenous leaders reach agreement ending protests

investing.com By Alexandra Valencia - Ecuador's government and indigenous groups' leaders on Thursday reached an agreement to end more than two weeks of protests against the social and economic policies of President Guillermo...

India's Largest Cement Maker "Circumventing The Dollar" In Russian-Coal-For-Yuan Deal

zerohedge.com India's Largest Cement Maker "Circumventing The Dollar" In Russian-Coal-For-Yuan Deal The Russian economy is currently experiencing unprecedented pressure from a group of countries led by the United...

China's central bank to step up policy implementation to spur growth

investing.com BEIJING - China's central bank said on Wednesday it will step up the implementation of prudent monetary policy and keep liquidity reasonably ample, in a bid to support the slowing economy. The People's Bank of China...

China to extend tariff exemptions on some U.S. products

reuters.com China will extend tariff exemptions on some imported products from the United States until Feb. 15 next year, the finance ministry said on Wednesday.

Exclusive-India's top cement maker paying for Russian coal in Chinese yuan

investing.com By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI - India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs...

Russia Plans to Lower Income Tax for Digital Assets to 13%

investing.com On Tuesday, June 28th, the Russian government approved a draft law that could potentially exempt issuers of digital assets and cryptocurrencies from value-added tax. The document also proposes the reduction of income...

French Finance Minister: energy and transport firms must do more to ease inflation pain

investing.com PARIS - French Finance Minister Bruno Le Maire said companies in the energy and transport sectors should do more to return a part of their profits to help customers cope with inflation. "A small number of companies...

France cuts growth outlook, but sticks to budget target

investing.com PARIS - France's government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation measures thanks to stronger than expected tax...

Explainer-Why the survival of Scandinavian airline SAS hinges on Denmark

investing.com By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN - Swedish loss-making airline SAS is fighting for survival, the latest carrier to hit financial straits due to hefty debts, stiff competition and soaring...

EXPLAINER: What's the impact of a Russian debt default?

apnews.com LONDON (AP) — Russia appeared to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system following...

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

bitcoin.com According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However,...

Germany financial watchdog sees limited impact of Ukraine war on financial system

investing.com BERLIN - Germany's financial stability committee on Monday said the direct effects of Russia's war on Ukraine are manageable for Germany's financial system as a whole as the direct claims of German financial...

Russia defaults on debt for 1st time in more than a century

aol.com LONDON - Russia defaulted on its foreign sovereign bonds for the first time since the Bolshevik revolution, as sweeping sanctions effectively cut the country off from the global financial system and rendered its...

Factbox-Western ban on Russian gold imports is largely symbolic

investing.com MOSCOW - A move by Britain, the United States, Japan and Canada to ban new imports of Russian gold is being seen as largely symbolic within the global gold market as Russian exports to the West have already dried...

Timeline

investing.com By Jorgelina do Rosario LONDON - In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen, you were warned." He reminded them that...