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Turkish banks break off relations with Russian banks amid Biden's decree on secondary sanctions

Turkish banks have refused to work with Russian banks, fearing secondary sanctions. Source: Kremlin-aligned news agency Kommersant, with reference to financial market sources and foreign trade participants.

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Sivas
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2 Chinese banks ditched their Russian clients, report says, hinting at cracks in the Putin-Xi bromance

China's Xi Jinping has pledged open-ended support to Russia amid the Ukraine war, but some cracks are starting to show.

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Bloomberg

New Resource: Community Guide to Independent Accountability Mechanisms for Communities in Africa

New Resource: Community Guide to Independent Accountability Mechanisms for Communities in Africa
internationalrivers.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationalrivers.org Daily Mail and Mail on Sunday newspapers.

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French
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China Mega Banks Cut Deposit Rates, Signaling More Policy Easing

(Bloomberg) China’s biggest state-owned banks are slashing deposit rates again, fueling expectations this will create more wiggle room for the central bank to cut lending rates early next year. Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiuliani Files for Bankruptcy After $148 Million Defamation LossUS Inflation Report to Show Fed’s Ba

Jing-wang
Anhui
China
Tianfeng
Sichuan
Beijing
Chinese
Zhang-zhiwei
Timing
Bloomberg-businessweek
China-construction-bank-corp
People-bank

Chinese Banks Hold Lending Rates as PBOC Seen Easing in 2024

(Bloomberg) Chinese banks held their benchmark lending rates after a similar move by the central bank, bolstering expectations that further monetary easing will take place in early 2024.Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanApple to Halt US Sales of Smartwatches After Patent LossTrump Should Be Barred From US Presidency, Colorado Court SaysWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid StallsCiti Suit Raises #MeToo Claims at Wall Street’s

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Frances-cheung

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