After a warning from the U.S. that Latvia needs better controls given its NATO status and shared border with Russia, the country will reduce its banks’ dealings with shell companies, Bloomberg reported.
Latvia has been under pressure after its third-largest lender collapsed amid money-laundering allegations and violations of North Korea sanctions....
"Saudi Arabia is the oldest U.S. ally in the Middle East, our relationship has a history of 80 years," Crown Prince of Saudi Arabia, 32-year-old Mohammed bin Salman, told CBS on the eve of his three-day visit to the United States that began on March 19.
The U.S. president will receive...
EU leaders will probably remain reluctant to issue a serious reply to Russia for its alleged nerve agent attack on a former spy in England, analysts say.
The UK's economic ties to Moscow, as well as divided interests within the European Union (EU), thanks to several countries' heavy reliance on...
The continuation of an economic policy that has seen a major spike in foreign investment in Russia will be ensured by Vladimir Putin’s re-election as President of Russia the head of the Russian Direct Investment Fund has said.
"Since the elections are over, it will allow institutional investors to actively...
Ukrainian Foreign Minister Pavlo Klimkin has said that the UK nerve agent attack shows Russia has no "red lines" anymore. In an interview with Deutsche Welle, Klimkin contends that Moscow's aggression against Kyiv could happen anywhere now.
“Five years ago many people did not believe Putin could ever invade Ukraine. One year ago...
Panda Express, a fast food chain specializing in Chinese cuisine, plans to enter the Russian market in partnership with the main owner of Russia's largest coffee-bar chain Shokoladnitsa Alexander Kolobov, Kommersant reported citing sources familiar with the company’s plans.
One of them said the plan is to open five to seven...
Despite a last year’s pledge by President Donald Trump to eliminate the country’s debt "over a period of eight years," America’s national debt went to record heights this week, surpassing $21 trillion, according to the U.S. Treasury.
The landmark comes shortly after Congress passed, and Trump signed, a suspension on...
Yury Shefler and Valentin Gapontsev, Russian businessmen included in the so-called ‘Putin List’ generated by the U.S. Department of Treasury, have hired American lobbyists to estimate the implications for their business, RBC reported.
Another blacklisted businessman, Farkhad Akhmedov, said he planned to sue. The Department of Treasury has stressed that...
Britain’s banks, energy, and water companies are all said to be on high alert against the threat of a possible Russian cyber attack amid an escalating diplomatic row between the two countries over the poisoning of a former Russian double agent on British soil, The Daily Telegraph reports.
Fears that Moscow...
Russian President Vladimir Putin has secured six more years in the Kremlin with an emphatic victory in Sunday's presidential poll. His victory was no surprise but it was still sweet for the Russian leader, who has been re-elected by a landslide, winning three-quarters of the votes cast.
Claims of ballot...
