The West is to ‘warn’ UAE over Russia
Officials from the United States, Britain and the EU plan to jointly pressure the United Arab Emirates this week to stop supplying goods to Russia, WSJ reported. The UAE is…
The West urges UAE to restrict trade with Russia – The Wall Street Journal.
The US, UK and EU are developing an action plan to prevent the supply of dual-use products (computer chips, electronic components, etc.) to Russia. From January 1, 2024, the UAE…
Oil to be at $100 per barrel soon, experts say
Trafigura Group, the major commodities trader, believes oil prices could jump as rising interest rates and a lack of investment squeeze the market. The general consensus is that prices will…
Goldman Sachs bought UK and US companies with Chinese funds
Goldman Sachs has acquired a number of US and British companies in critical industries with a fund created with financing from the Chinese government. That included companies engaged in cybersecurity,…
UBS breaks banking records, yet thousands to lose their jobs
UBS Group AG posted the biggest quarterly profit among banks in its emergency takeover of Credit Suisse in the Q2 and confirmed it will fully integrate the local business of…