MOSCOW (Sputnik) - Russian gas producer Novatek said in a press release that it had signed a deal with German tech giant Siemens to buy compressors for its new Arctic LNG 2 natural gas liquefaction plant.
According to central bank data, at the end of last November, Venezuela had gold reserves of 132 tonnes between the central bank’s vaults and the Bank of England. Most recently, the latter reportedly denied Caracas’ request to pull out gold after the US blocked the Venezuelan leadership’s access to foreign assets amid a presidential crisis.
Three European countries – France, Germany, and the UK (officially shortened as E3) – have officially announced the creation of INSTEX, a special purpose vehicle (SPV) to allow them to bypass US sanctions on trade with Iran.
WASHINGTON (Sputnik) - The United States does not expect the European Union-created special-purpose vehicle (SPV) to affect Washington’s campaign of exerting maximum pressure on Iran, a US Department of State spokesperson said in a statement on Thursday.
WASHINGTON (Sputnik) - US cosmetics company ELF has agreed to pay $996,080 for violating North Korea sanctions regulations by importing products with materials made in the country, the Treasury Department said in a statement on Thursday.
The large European aerospace corporation has promised to investigate the cyber incident, and has already assured the public that its commercial operations have not been affected by the breach.
BERLIN (Sputnik) - The US criticism of the Nord Stream 2 gas pipeline derives from the fact that the project's implementation runs counter to Washington's interests in promoting liquefied natural gas (LNG) deliveries to Europe, Dirk Wiese, the German government's coordinator for cooperation with Russia, has stated.
On 24 September 2018 the foreign ministers of the remaining signatories to the JCPOA agreed to create a SPV (Special Purpose Vehicle) on the sidelines of the UN General Assembly to enable European companies to continue legitimate transactions with Iran in accordance with EU law.
The major online booking and traveling platforms have come under fire in the latest report by Amnesty International. The human rights organisation claims that by listing accommodation offerings for settlements in the West Bank, the companies are helping Israel to "exploit land and natural resources that belong to Palestinians".
Turnover from US dollar - Yuan trading in 2018 surpassed British pound sterling - Euro exchanges for the first time last year at $73bn (£55.7bn) per day, with USD-CNY trade becoming the "seventh most traded currency pair in London", the BoE Foreign Exchange Joint Standing Committee survey said on Tuesday.
With Germany’s giving up coal, sinking gas output in Europe and growing demand for energy on the continent, pipeline gas from Russia is poised to fill the rising need, the German daily Die Welt reports, pointing to experts’ alarm over energy security.
Indian authorities caught Rahat Fateh Ali in 2011 with foreign currency amounting to about $124,000 which he had not declared at New Delhi Airport. He is a popular singer in Pakistan and India for churning out hit Bollywood songs.
In an interview with Nikkei, the first, since his arrest in November, ex-chairman of Nissan Carlos Ghosn has refuted the accusations against him and said he wanted to establish one holding company for three carmakers, but also to ensure there would be "autonomy" for them.
Iran’s Central Bank announced Monday that it had reversed its ban on cryptocurrencies, laying the groundwork for a regulated system, backed by the Iranian rial, for international trade outside the SWIFT network, from which Iran has been banned by the US. But can Tehran succeed where Venezuela’s Petro has failed?
A spokesman for the self-described fake-news fighter previously told Sputnik News the company has no bias “at all” on matters relating to foreign affairs.
The Venezuelan government led by Nicolas Maduro introduced the state-backed cryptocurrency El Petro in 2018 in a bid to circumvent US sanctions against the country. However the Petro was backed, among other things, by gold with $1.2 billion worth of it stored in the Bank of England, which has recently refused to repatriate it.
Thailand is experiencing a massive influx of foreign tourists, and officials are sounding alarm over the nation's ability to manage the flow of visitors – as poor infrastructure, costly security measures, and other priorities of national development jeopardise the sustainability of the tourism sector.
A new study has found that China is leading global investment in the innovative fintech industry, which creates internet-based products to facilitate consumer access to financial services.
Everything you buy from the European Union can be purchased from the UK or the 93 per cent of the world outside of the EU bloc, argued the chairman of one of the largest pub companies in the UK and Ireland.
MOSCOW (Sputnik) - Germany has submitted a legal opinion concerning draft amendments to the EU Gas Directive to the European Commission, stating that the commission's attempt to acquire control over the Nord Stream 2 pipeline project contradicts European and international law, Russia’s Vedomosti newspaper reported, citing the relevant document.