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Madrid

Sanctions against Russian oil could threaten the global economy


Le Monde stated that Western sanctions against Russian oil are losing their effectiveness every day, and their strengthening could undermine the global economy.

According to the newspaper, interruptions in oil supplies amid sanctions could lead to a sharp rise in food prices. Experts believe that sanctions could work if “the majority of oil transport insurance companies were located in the West.”

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More News

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On November 3, the exchange rates of the dollar, ruble and euro decreased

The EU economy is “killed” due to the refusal of Russian energy resources

Russia faces a wave of corporate bankruptcies and defaults

Патрушев поручил чиновникам за две недели остановить рост цен на продукты

Currently, there are more than 10 100 dram notes per 1 resident. RA Central Bank

In 2025, 5.3 billion drams less will be allocated to the Ministry of Health, but its budget has increased by 12.7 billion. Ministry of Arithmetic

Unpaid 100 million was paid to the state budget. dram tax

The government allocated about 3 billion drams from the budget to the co-financing of subsidy programs of communities

Le Monde presented the sanctions against Russian oil as a threat to the global economy

The euro's share of global payments falls to its lowest level in 10 years

Switzerland refused to provide loans to Ukraine at the expense of Russian assets

It is predicted that the government's debt will amount to 5,033.3 billion drams at the end of the year. Ananyan

The budget allocated to the RA President's Office will decrease

The exchange rate between the dollar and the euro has decreased

100 million drams were restored to the state budget by the company engaged in wholesale sales

RA Deputy Minister of Finance participated in the 2024 Annual Meetings of the Boards of Governors of the IMF/WB

The growth rate of economic activity in RA continued to slow down in January-September

The Central Bank lowered the refinancing rate by 0.25 percentage points to 7.25 percent.

In 2025, the budget of KGSMN will amount to more than 362 billion. what projects will be implemented?

The taxation system from the provision of advertising services on social platforms was discussed