CENTRAL BANKS OF SERBIA, CHINA SIGN MOU TO FACILITATE YUAN TRANSACTIONS

Wed 13 December 2023: The National Bank of Serbia (NBS) and the People’s Bank of China (PBoC) inked a Memorandum of Understanding (MoU) recently on establishing a clearing arrangement and designating a clearing bank in Serbia for Chinese yuan transactions, the NBS said in a press release on Monday. At the signing ceremony, NBS Governor […]

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CYBER ATTACK ON UKRAINE’S LARGEST MOBILE OPERATOR DISRUPTS BANKING SERVICES AND AIR RAID SIRENS

Wed 13 December 2023: A major cyberattack on Ukraine’s largest mobile operator on Tuesday disrupted a regional air raid warning service and some banking services for Ukrainians, according to the operator and local authorities. The Security Service of Ukraine said in a statement that it has opened criminal proceedings into the attack. Russia’s special services might […]

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U.S. INTELLIGENCE ASSESSES UKRAINE WAR HAS COST RUSSIA 315,000 CASUALTIES – SOURCE

Wed 13 December 2023: A declassified U.S. intelligence report assessed that the Ukraine war has cost Russia 315,000 dead and injured troops, or nearly 90% of the personnel it had when the conflict began, a source familiar with the intelligence said on Tuesday. The report also assessed that Moscow’s losses in personnel and armored vehicles […]

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EUROPEAN HOUSEHOLDS ARE BEING PUSHED INTO POVERTY BY RISING HEALTHCARE COSTS: WHO

Wed 13 December 2023: Based on pre-pandemic data from 2019 in 40 European countries, the World Health Organization (WHO) has released new findings that show a worrying increase in “catastrophic health spending,” which is forcing many families into poverty. The WHO European Office in Copenhagen released a concerning report on Tuesday, coinciding with the United […]

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RUSSIAN AUTHORITIES CLAIM TO HAVE ARRESTED A NETWORK OF UKRAINIAN ASSASSINS

Tue 12 December 2023: Russia says that it has arrested a network of Ukrainian assassins targeting pro-Russian figures in the annexed Crimea peninsula. Moscow’s Federal Security Service (FSB) said on Monday that it has arrested 18 “agents and accomplices” of Ukraine’s special services. Several pro-Russian figures in Crimea and the occupied east of Ukraine have […]

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ISLAMIC DEVELOPMENT BANK INJECTS $2.12B FOR PROJECTS IN MEMBER COUNTRIES

Tue 12 December 2023: The Islamic Development Bank (IsDB) Group on Monday approved a $2.12 billion financing for new projects that support socio-economic development and promote sustainability of member countries. Some 16 projects in sectors such as transport, energy, health, and education, besides youth development/entrepreneurship-employment, were approved during the board meeting, an IsDB Group statement […]

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UKRAINE’S ZELENSKYY TO MEET PRESIDENT BIDEN, HOUSE SPEAKER AS AID STUMBLES

Mon 11 December 2023: Ukrainian President Volodymyr Zelenskyy will travel to Washington, DC on Monday for meetings at the White House and the United States Capitol as right-wing US Republicans resist efforts to send more money to support Ukraine’s response to Russia’s full-scale invasion. In a statement on Sunday, the White House said US President […]

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