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Abassi calls on IMF to help African countries cope with economic fallout of Ukraine war
Governor of the Central Bank of Tunisia (BCT) Marouane Abassi, called on the International Monetary Fund to provide specific mechanisms in the form of budgetary support and balance of payments assistance, in order to mitigate the impact of soaring international commodity prices (food and energy) on public finances and foreign exchange reserves in African countries, BCT said Friday.
UTICA President meets Italy’s Confindustria president, discuss economic co-operation
President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) Samir Majoul discussed ways to boost economic cooperation between Tunisia and Italy, as he met President of the General Confederation of Italian Industry (Confindustria) Carlo Bonomi on Friday in Rome.
Russians liquidating crypto in the UAE as they seek safe havens
Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
Biden throttles trade between the U.S. and Russia
U.S. President Joe Biden on Friday said the United States will revoke Russia's "permanent normal trade relations" status to punish Moscow over its invasion of Ukraine.
Kremlin : Russian economy in ‘shock’ from unprecedented economic war
The Kremlin said on Thursday that Russia's economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an "absolutely unprecedented" economic war being waged against Moscow.