Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions

Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions

Russian firms increasingly use cryptocurrencies, such as Tether's USDT stablecoin, for cross-border transactions with Chinese partners to circumvent financial difficulties stemming from international sanctions.


Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs

Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.

US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu

The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.

China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.


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Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped
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