Iran intends to expand the export flow of oil to Europe. By the end of February, the Islamic Republic will send a second batch of hydrocarbons. On Wednesday, 17 February, Rambler News Service reported, citing the managing Director of National Iranian oil company (NIOC) Roknoddin Javadi (Roknoddin Javadi). “Until the …
Read More »Fitch welcomed the decision to limit the state support to Russian banks
International rating Agency Fitch intends to lower the ratings of Russian banks after the introduction of the mechanism of bail-in — bailout of the banks using the funds of creditors. It is reported Rambler News Service. This measure reduces the likelihood of providing support to troubled banks, but the Agency …
Read More »The fall in oil prices forced the Saudi company to hold salaries
Construction company Saudi Arabia delayed the payment of salaries to employees. It is reported Rambler News Service, citing Reuters. The Ministry of labor issued an official statement saying that the staff is one of the “major patterns” complained of unpaid salaries for several months. The Ministry did not specify the …
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