#Russia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude prices rose and the nation adapted to international sanctions.
#Moscow has adapted to restrictions, including a #EU ban on Russian oil imports, by using a massive shadow fleet of tankers and selling its oil to Asian clients.
The double show of support comes after Biden faced criticism for saying he would skip an upcoming Ukrainian peace summit in #Switzerland to attend an election fundraiser featuring Hollywood stars George #Clooney and Julia #Roberts instead.
#Italy's Prime Minister #Meloni will announce the next aid package for #Ukraine after the #G7. And the packagev will include a second battery of Samp-t, the surface-to-air weapons system and also a batch of Storm Shadow missiles.
Sanctions on #Russia are having no impact outside the west and attempts to halt the flow of business merely redirect it elsewhere, the chair of #Dubai’s main trading hub has said.
Dubai is seen as a beneficiary of #US and European attempts to isolate Russia’s economy, as oil traders relocated from Geneva to the #UAE after #Switzerland joined the sanctions imposed on #Moscow.
Ecco un dato riportato ieri alla Festa dei Popoli. Quanto servirebbe per eradicare la #fame dal mondo? ChatGPT 4o (la versione più avanzata attualmente disponibile di Intelligenza Artificiale generativa) ha scandagliato i database disponibili in rete per fare un calcolo attendibile. Il risultato che emerge è sconvolgente: basta lo 0,94% delle spese militari del #G7. Basterebbe rinunciare a meno dell'uno per cento della spesa militare dei grandi della Terra che si incontreranno in Puglia!
#G7 finance ministers will lay the groundwork for using the profits from frozen #Russia assets to help #Ukraine, according to a draft of the communique that they’re set to sign off on Saturday.
The move comes after the #US pushed for the G-7 to leverage future revenue generated from about $280 billion in Russian central bank funds, most of which lies immobilized in Europe. The plan could unlock an aid package of as much as $50 billion for Ukraine.
Konflikt mit China: Was können die G7 im Handelsstreit erreichen?
In Italien treffen sich die Finanzminister und Notenbanker der G7. Im Mittelpunkt steht der Handelskonflikt mit China. Wie sehen Finanzprofis die Lage und was erwarten sie von den G7? Von Heidi Radvilas.
#Washington’s #G7 allies are warming to a #US plan to rush tens of billions of dollars in funding to #Ukraine before Donald #Trump’s potential return to the White House.
Under the plan, set to be discussed at a June summit, #Kyiv would receive money upfront from a G7 loan. The loan would be backed by future profits generated from around $350bn of Russian assets which have been immobilised in the west in response to Moscow’s full-scale invasion of Ukraine.