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India has expressed concerns about the oversupply of diamonds in its market and has requested that the Russian diamond mining company ALROSA temporarily halt its diamond raw material shipments. This decision was announced by the Gem & Jewellery Export Promotion Council of India (GJEPC), India's regulatory body for
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Canada has announced [https://www.international.gc.ca/world-monde/issues_development-enjeux_developpement/response_conflict-reponse_conflits/crisis-crises/ukraine-sanctions.aspx?lang=eng] the imposition of sanctions on 63 Russian individuals and entities in response to the visit of Ukraine's President, Volodymyr Zelensky. According to the Canadian Prime Minister, the sanctioned
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South Korea has issued a warning [https://en.yna.co.kr/view/AEN20230915003300325?section=news] that it may consider unilateral sanctions against Russia after the meeting between North Korean leader Kim Jong Un and Russian President Vladimir Putin raised concerns about military cooperation between the two nations. South Korean Foreign
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Belgium's government representative anticipates that the G7 nations will announce indirect restrictions on the trade of Russian diamonds. According to the Belgian official, an announcement regarding indirect restrictions on the supply of Russian diamonds is expected within the next 2-3 weeks. The ban, as reported, is slated to
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Following the lead of Baltic countries, Finland is reportedly planning to prohibit passenger cars with Russian registration from entering the country, as reported [https://yle.fi/a/74-20050301] by Yle. Finland aims to adopt a more stringent stance in line with the European Union (EU). According to Yle, this decision
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Payment services company Qiwi has been granted an extension by Nasdaq to complete the restructuring of its business, according to a statement [https://investor.qiwi.com/news-and-events/press-releases/4108575] from the payment system's press service. The company aims to finalize the separation of its business into Russian and
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The European Commission has modified [https://finance.ec.europa.eu/system/files/2023-09/faqs-sanctions-russia-consolidated_en_0.pdf] its interpretation of the ban on importing items into the EU by citizens of Russia. Namely, the European Commission clarified its stance regarding whether Russians can temporarily bring personal items and cars into
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Estonia has imposed a ban on vehicles with Russian license plates from entering the country. With this move, all three Baltic States, Estonia, Latvia, and Lithuania, have aligned with the recommendations from the European Commission. > Starting from today, in 1⃣6⃣ minutes to be precise, #Estonia [https://twitter.com/
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Citibank, the Russian subsidiary of one of Wall Street's largest banks, Citigroup Inc., announced the closure of its ATM network, as reported by Moscow Times. In a statement to clients, the bank confirmed that all ATMs would be dismantled by the end of 2023. Most customer transactions will
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In a meeting held in Warsaw, the heads of the Interior Ministries of Poland and the Baltic States reached an agreement on the conditions under which they would consider closing their borders with Belarus, as reported by RMF24. There are two criteria for making such a decision: * Armed incidents or
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German software developer SAP is definitively discontinuing support for its solutions in Russia by the end of 2023, as reported by Kommersant, citing a letter from the company to its Russian partners. In the letter, SAP indicated that it would cut off support for its software by December 31, 2023.
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In response to recent financial sanctions, the cryptocurrency exchange OKX has restricted its users from conducting transactions with the Russian ruble on its P2P platform. This move follows OKX's earlier decision to halt transactions involving accounts associated with sanctioned banks such as Sberbank, Tinkoff, and Alfa-Bank. The platform&