Economy

25 May 2022

Russia to service national debt in roubles

Russia to service national debt in roubles

The Russian Treasury says it will pay off its public debt in roubles, in response the U.S. Treasury Department's refusal to renew a license that allowed Russia to pay on its dollar liabilities.

Nike leaving Russian market - media

Nike leaving Russian market - media

Nike has not extended its franchise agreement with Inventive Retail Group (IRG), which owns the company’s Russia-based largest single-brand chain.

24 May 2022

EU suspends all duties on imports from Ukraine for one year

EU suspends all duties on imports from Ukraine for one year

The Council of the European Union adopted a regulation allowing for temporary trade liberalisation and other trade concessions with regard to certain Ukrainian products. This means that for one year import duties on all Ukrainian exports to the European Union will not be due.

23 May 2022

22 May 2022

21 May 2022

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