• Sat. Sep 23rd, 2023

    • Tag: #Russia

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    Despite Russia’s sanctions, Opec+ is expected to maintain its oil production levels.

    (AFP) – Before new penalties on Moscow take effect, major oil-producing nations headed by Saudi Arabia and Russia appear ready to maintain their existing output levels at a summit on Sunday. The Organization of the Petroleum Exporting Countries (OPEC), which has 13 members, will reconsider its agreement to reduce output by two million barrels per […]

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    The Russian rouble has surpassed the euro as the world’s best performing currency

    The Russian rouble strengthened against the dollar on Monday, momentarily surging to 62.71 per dollar, and soared to its best level versus the euro in over five years, helped by continued currency trading restrictions. The rouble has been the best-performing currency in the world so far this year, despite artificial help from capital controls implemented […]

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    Facebook pays fines to Russia for content that is prohibited.

    (Reuters) – MOSCOW (Reuters) – According to the Interfax news agency, Facebook has paid 17 million roubles ($229,643) in fines owing in Russia for failing to erase information deemed unlawful by Moscow, but the danger of a possibly higher charge looms. Facebook parent Meta, along with Alphabet’s Google, will face a court case next week […]

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