Exclusive Russian firms rush to open Chinese bank accounts as sanctions bite – sources

Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo By Reuters The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle

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Fire out at Ukraine’s key nuclear plant amid Russian attacks

This image made from a video released by Zaporizhzhia nuclear power plant shows bright flaring object landing in grounds of the nuclear plant in Enerhodar, Ukraine Friday, March 4, 2022. Russian forces shelled Europe’s largest nuclear plant early Friday, sparking a fire as they pressed their attack on a crucial energy-producing Ukrainian city and gained

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EU must prepare for millions of refugees from Ukraine, says official

By Anadolu Agency EU Commissioner for Home Affairs Ylva Johansson said on Thursday that the EU must prepare to host millions of Ukrainian refugees as Russia’s war on Ukraine continues. “It is a dangerous situation with the developments in Ukraine, we have to prepare for millions of refugees to come to the European Union,” Johansson

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Hemedti says Sudan should be open to naval base accord with Russia, or others

Credit to Photo Wikipedia By Reuters Sudan’s deputy head of state said on Wednesday his country had no problem with Russia or any other country opening a naval base on its Red Sea coast, provided it posed no threat to national security. General Mohamed Hamdan Dagalo, commonly known as Hemedti, deputy head of Sudan’s sovereign

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Uhuru Kenyatta tells puppet Ahmed Madobe not hold elections-sources say

File Photo/Somali Times Uhuru Kenyatta tells puppet Ahmed Madobe not hold elections Somalia in Jubaland-sources say. The delayed Somalia elections are facing foreign intervention Uhuru Kenyatta and his gangs meddeling the election over the federal parliamentary election in Garbaharay, Gedo region of Jubaland, demanding the election centre be moved to the federal state, Kismayu. According

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UN agency dismayed over reports of racism against foreigners fleeing Ukraine

Nyugati Station hosts thousands of Ukrainians after Russian attacks By Anadolu Agency The UN Refugee Agency, UNHCR, expressed dismay Tuesday over reports that foreigners fleeing Ukraine amid its war with Russia are experiencing mistreatment and pleaded for more humanity and compassion for non-Europeans and refugees from other nations. The UN High Commissioner for Refugees Filippo

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Swift sanctions on Russia: Magic bullet or paper tiger?

By Anadolu Agency Amid growing international anger over Russia’s war on Ukraine, economic sanctions have again become a favorite measure of leaders working to discourage war, including one particular banking mechanism that recently made headlines. “I will not be diplomatic on this. Everyone who now doubts whether Russia should be banned from SWIFT has to

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Kenya, Africa Oil now runs out of Turkana project cash

Trucks transport oil from Turkana to Mombasa under the Early Oil Pilot Scheme By Business Daily Africa Canadian oil explorer Africa Oil, which holds a 25 percent stake in Turkana exploration venture, has run out of cash to fund production in South Lokichar Basin, making it the latest blow to Kenya’s petrodollar dream. The firm

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Stocks fall, oil tops $100 a barrel as Ukraine war rages

In this photo provided by the New York Stock Exchange, specialist Thomas McArdle, right, works at his post on the trading floor, Tuesday, March 1, 2022. Stocks fell following a volatile day for major indexes as investors tried to measure how the conflict will impact the global economy. (Courtney Crow/New York Stock Exchange via AP)

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Many non-Ukrainians flee Ukraine, their fates also uncertain

A student covers herself in blanket at the Medyka border crossing after fleeing from the Ukraine, in Poland, Monday, Feb. 28, 2022. The head of the United Nations refugee agency says more than a half a million people had fled Ukraine since Russia’s invasion on Thursday. (AP Photo/Visar Kryeziu) By The Associated Press All day

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