Russian Lawmaker Suggests Expanded List on Exported Goods for Rubles

Fourth EstateVyacheslav Volodin, speaker of the State Duma, the lower house of the Russian parliament - Russian DUMA

A Russian lawmaker suggested an expanded list of exported goods, which could include grain, crude oil, and lumber goods, to be paid in rubles.  Vyacheslav Volodin, speaker of the State Duma, the lower house of the Russian parliament, said on …

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Saudi Arabia Mulls Yuan Instead of Dollar for Oil Sales

The Kingdom of Saudi Arabia is in talks with the Chinese government to price some of the Gulf nation’s oil sales to China in yuan instead of dollars or euros, a move showing growing unhappiness between Riyadh and Washington. Citing …

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Russia Threatens to Cut Gas Supplies If Oil Ban Pushes Through

Russia has warned that it may cut natural gas supplies to Europe through its existing Nord Stream pipeline if the West pushes through banning Russian oil. The U.S. said on Sunday that it was in “very active discussions” with Europe …

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India’s Foreign Minister Criticizes China’s Trade Coercion Against Australia

India’s Foreign Minister Subrahmanyam Jaishankar criticized China’s use of trade bans as political punishment against Australia, saying economic decisions should be governed by rules and not politically influenced. China severed ties with its largest trading partner, Australia, in 2020 after …

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China’s New Australia Ambassador Seeks to Restore Ties

China’s new ambassador to Australia has called for the two countries to repair more than four years of strained relations, describing his role as a “noble mission” amid a diplomatic freeze between Beijing and Canberra. Xiao Qian, China’s new envoy …

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Saudi Arabia Lifts Ban On Turkish Goods

The Kingdom of Saudi Arabia informed Turkey on Wednesday that it has lifted all restrictions on exports of goods, raising hopes of resumption of exports which significantly reduced trade value between the two countries. The ban, which was in place …

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Lebanon Prevents Smuggling Of Captagon Pills To Saudi Arabia

Lebanese authorities on Tuesday said they have thwarted an attempt to smuggle a large quantity of Captagon pills concealed in tea shipment to Saudi Arabia.   Lebanese Interior Minister, Bassam Mawlawi praised the police force for their all-out efforts in …

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China Hopes Beijing-Washington to Work Together for Coexistence

The Presidents of China, Xi Jinping and US Joe Biden will meet via video link to have candid and in-depth discussions on strategic issues concerning the future of China-U.S. relations and important issues of common concern, the Chinese Foreign Ministry …

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China Hopes Beijing-Washington to Work Together for Coexistence

The Presidents of China, Xi Jinping and US Joe Biden will meet via video link to have candid and in-depth discussions on strategic issues concerning the future of China-U.S. relations and important issues of common concern, the Chinese Foreign Ministry …

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