The Bank of Russia has reduced the key rate from 20% to 17% per annum and held open the prospect for its further reduction at upcoming meetings, the regulator said in a statement on Friday. “The Bank of Russia Board of Directors decided to cut the key rate by 300 ...
President of the European Council Charles Michel backed on Thursday a proposal to sell €500 million ($542 million) worth of arms to Ukraine. The proposal was backed by 27 EU nations at the ambassador level. He tweeted, “Once swiftly approved this will bring to €1.5 billion the EU support already ...