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Saturday, July 02, 2022 | Dhu al-hijjah 2, 1443 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Russia seizes control of Sakhalin gas project, raises stakes with West

TOKYO/LONDON: President Vladimir Putin has raised the stakes in an economic war with the West and its allies with a decree that seizes full control of the Sakhalin-2 gas and oil project in Russia's far east, a move that...

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Sebastien Borget
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IMF tells bankrupt Sri Lanka to tackle corruption, raise taxes
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A currency exchange office worker counts Turkish Lira banknotes in front of the electronic panel displaying currency exchange rates at an exchange office in Istanbul, Turkey. — AFP
(From C, clockwise) Germany's Chancellor Olaf Scholz, US President Joe Biden, Britain's Prime Minister Boris Johnson, Japan's Prime Minister Fumio Kishida, European Commission President Ursula von der Leyen, European Council President Charles Michel, Italy's Prime Minister Mario Draghi, Canada's Prime Minister Justin Trudeau and France's President Emmanuel Macron have taken seat at a round table as Ukraine's President Volodymyr Zelensky addresses G7 leaders via video link during their working session on Monday at Elmau Castle, southern Germany, where the German Chancellor hosts a summit of the Group of Seven rich nations (G7). — AFP
Jerome Powell, the chairman of the Federal Reserve Board of Governors, appears before the Senate Banking Committee in Washington.
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