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Russia threatens the West with a severe response if its assets are confiscated

Russia threatens the West with a severe response if its assets are confiscated

Russian officials on Sunday threatened the West with a “severe” response in case frozen Russian assets are seized, promising “endless” legal and retaliatory measures. Russian Foreign Ministry spokesperson Maria Zakharova stated that Russia would never give up territories taken in Ukraine in exchange for the return of frozen assets. “Our homeland is not for sale,” ...

Türkiye's Erdogan postpones visit to the United States to meet with Joe Biden

Türkiye's Erdogan postpones visit to the United States to meet with Joe Biden

Turkish President Recep Tayyip Erdogan postponed a planned trip to Washington to meet with US President Joe Biden at the White House on May 9, according to a senior official familiar with the matter. Turkey decided to postpone the visit, said the official who spoke on condition of anonymity, saying only that the delay was ...

The World Bank predicts a rise in commodities due to escalation in the Middle East

The World Bank predicts a rise in commodities due to escalation in the Middle East

In the most recent report The World Bank's Commodity Markets Outlook points out how global commodity prices have stabilized, which has led to a global reduction in inflation, but warns that if the conflict in the Middle East breaks out, it could change its trend and rise again. In this context, it formulated its projections ...

Argentina will offer bonds as the first step to lift exchange controls

Argentina will offer bonds as the first step to lift exchange controls

Argentina is preparing a new instrument to allow companies to send dividends abroadr, a first step to lift a web of restrictions in its exchange market. The central bank announced Thursday that it plans to offer companies the same type of dollar-denominated bond, known as “Bopreal.”, which has been selling to importers. The series offered ...

Harvey Weinstein's conviction in New York is overturned and a new trial is ordered

Harvey Weinstein's conviction in New York is overturned and a new trial is ordered

Harvey Weinstein's sexual assault conviction in New York was overturned by the state's highest court, who found that the judge at the disgraced Hollywood movie mogul's trial in 2020 had made fundamental errors. In a 4-3 decision, the New York Court of Appeals on Thursday ordered a new trial, saying that the judge had wrongly ...

The United States arrested a PDVSA official linked to a sanctions evasion plan

The United States arrested a PDVSA official linked to a sanctions evasion plan

On April 19, US authorities arrested George Semerene, an official at the state-run Petróleos de Venezuela., in connection with a sanctions evasion schemeThe Department of Justice reported in a statement on Monday. Semerene, who worked as head of logistics, procurement and storage at PDVSA, He was detained upon arrival at Miami International Airporti, according to ...

Columbia University returns to remote classes due to anti-Israel protests on campus

Columbia University returns to remote classes due to anti-Israel protests on campus

Columbia University moved its classes online after days of anti-Israel protests that shook its New York campus and provoked condemnation from the White House and City Hall. The change is an effort to “de-escalate the rancor and give us all an opportunity to consider next steps,” Columbia President Minouche Shafik said in a statement. “Over ...