Ural Mining News Today

The UK announces more than 50 new sanctions to mark 2 years since Russias illegal invasion of Ukraine.

Organized Crime and Corruption Reporting Project

Amid Fed worries, Minneapolis Fed President Neel Kashkari says there’s a 50-50 chance that interest rates will need to move significantly higher to bring down inflation

The Treasury Department imposed more sanctions on Russia, but Moscow's close relationship with China is softening the blow.

The US Treasury blacklisted Russian automakers AvtoVAZ, Moskvich, GAZ Group, and Sollers.

The two men were among 150 others targeted by sanctions for “benefiting from, supporting and sustaining Russia’s brutal war of choice against Ukraine.”

The United States has expanded sanctions against Russia, targeting individuals and industrial companies that benefit from, or support Moscow’s war against Ukraine, the U.S. Treasury Department announced on Sept. 14.

Mogilev Automobile Plant named after S.M. Kirov (MoAZ, a branch of the holding company BelAZ) has been specializing in making automobiles since 1958. The development and small-series production of vehicles for mining operations is a core activity area of the enterprise.

The central banks of China and Russia are among those making huge purchases of gold amid geopolitical tensions. The two countries are almost certainly ‘weaponising’ the precious metal, which will only push up its price.

The London Metal Exchange has decided against banning Russian metals to avoid distorting the market, it said in a statement Read Full Article at RT.com