Exclusive: Billions in dollar and euro notes reach Russia despite sanctions
US and EU banned banknote exports to Russia in 2022Russia continues to import them, albeit in smaller volumesCash is still...
archiveEU
Kostis Hadjidakis: Common actions & policies for investment, development and defence
The proposals presented by Kostis Hatzidakis at the meeting of European Finance Ministers include coordinated actions and synergies at a...
Shein Promises $271 Million Investment in EU and UK Before IPO
Shein reportedly pledged a $271 million, five-year investment in Europe and the United Kingdom. The planned investment comes as the...
Currency market steadies ahead of U.S. inflation test, Fed decision
Markets are currently pricing in a roughly 56% chance of a cut in September, according to the CME FedWatch tool,...
Saudi Arabia joins BIS- and China-led central bank digital currency project
LONDON, June 5 (Reuters) - Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could...
UK fines offshore entities for ignoring property register, but few pay
LONDON, May 16 (Reuters) - Britain has fined over 400 overseas entities for failing to sign up to a new...
Countries closing in on digital currencies but US lagging, study shows
LONDON, March 14 (Reuters) - A total of 134 countries representing 98% of the global economy are now exploring digital...
