4 EU states call for use of Russian assets to rebuild Ukraine

Russian assets frozen by the European Union should be used for the reconstruction of Ukraine, four EU states said in a joint letter on Monday. Lithuania, Slovakia, Latvia and Estonia will call on Tuesday for the confiscation of Russian assets frozen by the EU to fund the rebuilding of Ukraine after Russia’s invasion, a joint … Read more

Russia on brink of historic default as US payment license expires

Russia was pushed closer to the brink of a historic debt default on Wednesday as the United States closed the last venue for Moscow to pay its billions in debt back to international investors, as Washington ramps up pressure on the country following its invasion of Ukraine. The US Treasury Department said on its website … Read more

‘Excellent’ Turkish pizza demand drives DP Eurasia’s sales

The like-for-like sales of DP Eurasia jumped 36% in the first four months of the year, the pizza firm that runs the Domino’s Pizza brand in Turkey and Russia said on Thursday. The sales were driven by “excellent” demand in Turkey, it said, despite high inflation and geopolitical tensions. Sales at the group’s own stores … Read more