Lithuania and the UK want SWIFT to cut off Russian banks completely
The Lithuanian and British foreign ministers on Thursday after a meeting in Vilnius are calling for all Russian banks to be removed from the international payment system SWIFT.…
Continue ReadingAlexey Mordashov steps down from TUI Supervisory board
TUI Group announces that shareholder Alexey Mordashov will immediately step down from the Supervisory Board of the Travel Group, after EU sanctions deprive it of access to its…
Continue ReadingThe government will adopt stricter rules on foreign capital inflow
The UK has accelerated its plans to tackle foreign money laundering in the country. On Tuesday, new legislation will be published in response to the Russian invasion of…
Continue ReadingSince Brexit, the UK import value of cut flowers from third countries has almost doubled
The United Kingdom (UK) imported 250 million euros worth of cut flowers from third countries in the past year. In 2020 it was still 113 million euros and…
Continue ReadingBank of England will raise the key rate, but the inflation will unlikely to be tamed immediately
The foreign exchange markets have been in the grip of rising inflation in recent weeks. Where are central banks going to raise the rent the fastest? The Bank…
Continue ReadingAustralia and the UK express worry about human rights in China, but not in Canada
The prime ministers of Australia and the UK have once again expressed serious concern about the human rights situation in Xinjiang, China. They called on Beijing to respect…
Continue ReadingJohnson to announce further COVID-19 rules easing today
British Prime Minister Boris Johnson is said to plan to announce an end to all COVID-19 restrictions in the country on Monday. Johnson will reveal his plan to…
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