
Romanians gripped by cryptocurrency euphoria during the pandemic
The euphoria of the 1990s is back as small investors ignore the risks and dream of getting rich overnight.
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EXPLAINER: Just how bad are the sanctions on Russia’s ruble-denominated OFZ treasury bonds?
The White House has slapped new sanctions on Russia and targeted the Russian Ministry of Finance ruble-denominated OFZ treasury bills for the first time, the workhorse bond that is used to fund the budget. But what do the sanctions mean in practice?
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Uzbekistan's stock market sees its first big "pump & dump" incident
The share price of Uzbek insurance company Universal Sugurta rose 200,000% in the first two months of this year, only to collapse again in March. It looks like a classic "pump and dump" play, but for the nascent market that's probably a good thing.
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BORDERLEX: EU Commission goes back to the drawing board to revive Turkey trade talks
The Commission's latest attempt to revamp the customs union with Turkey faces many obstacles before it can even start.
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Allegro will have to move fast to stem the Amazon flood
US e-commerce giant's push into the booming Polish market will make it much more competitive overnight.
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COMMENT: Strengthening the foundation of the Uzbek capital markets infrastructure
After their sitting moribund for two and half decades, Uzbek President Shavkat Mirziyoyev has just launched a major reform of the Uzbek capital markets that could transform financing in the republic.
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Zelenskiy meets Macron as Russia engages in a diplomatic dance over a possible Biden-Putin summit
Ukrainian President Volodymyr Zelenskiy called for a summit with Russian President Vladimir Putin and for the restart of the four-way talks under the Normandy Format during a trip to Paris.
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COMMENT: Fresh US sanctions and OFZ primary market ban a global non-event, but sanctions possibly now entrenched almost indefinitely
The US took a mild path for the time being with the new sanctions on Russia’s debt. Sanctioning the primary market activity of OFZs for US entities has little impact on Russia and international financial markets.
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Bulgaria’s Gerb to nominate Daniel Mitov for next PM amid lack of coalition partners
Boyko Borissov, the leader of the Gerb party, will nominate Daniel Mitov, former foreign affairs minister, as Bulgaria's prime minister, assuming a coalition led by Gerb can be formed.
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