The Bank for International Settlements, widely regarded as the central bank of central banks, suspended the Bank of Russia on Thursday, furthering Moscow’s economic exclusion in the aftermath of its intrusion of Ukraine. “The BIS is implementing sanctions imposed on Russia’s central bank, if appropriate, and will not be used to bypass sanctions. The central bank of Russia has been denied access to all BIS services, meetings, and other BIS operations,” AFP was informed by the organization.
Trump Claims India Will Cut Russian Oil Purchases, Stresses China’s Reduced Imports
US President Donald Trump has once again asserted that India is moving to completely cut back its oil imports from...
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