Russia has launched a significant lawsuit against several companies belonging to the UK–Dutch energy giant, Shell. This legal action was revealed through the Moscow Commercial Arbitration Court’s records, though many of the details remain unclear. What we do know is that Shell’s global entities, including Shell Global Solutions International B.V.,
In a surprising move, a court in the Moscow Region has ordered a freeze on funds belonging to two major U.S. banks: JP Morgan Chase and The Bank of New York Mellon. This freeze affects a staggering amount of nearly 93.5 billion rubles, which is about $1 billion! Why Did
Pakistan and Russia have taken a big step towards strengthening their relationship by signing their first-ever barter trade agreement. This deal comes after a large delegation of Pakistani officials and businessmen traveled to Moscow, marking a historic moment for both nations. The agreement was made during the Pakistan-Russia Trade and
Many individuals and companies send their money to other countries for different reasons. Some of these reasons include looking for better ways to invest their money, reducing how much tax they have to pay, and keeping their wealth safe in places where taxes are low or even nonexistent. Where Is
A new study by the Tax Justice Network has uncovered a startling fact: the United Kingdom is the leading country in helping big corporations dodge their taxes! This means that many large companies are avoiding paying their fair share of taxes, and it’s happening right under our noses. What’s Happening?
A major strike is happening along the coast of the United States, affecting all ports from Maine to Texas. The International Longshoremen’s Association (ILA), which represents dock workers, has started picketing at waterfront facilities. They are doing this because they are unhappy with the latest offer from the U.S. Maritime
The Gulf of Finland might be at the center of a brewing conflict between Russia, Finland, and Estonia. According to the Russian Foreign Ministry, if Finland and Estonia decide to block Russian ships from using this important waterway, Russia will see this as a serious violation of international law. Recent
Have you ever wondered how much world leaders earn? Some of them mingle with celebrities and wealthy people, but do they actually belong to that elite group? The answer isn’t straightforward. According to data from PoliticalSalaries.com, it varies quite a bit! Meet the Millionaire Leader Right at the top is
The Ukrainian government has proposed some big changes to its pension system that have many people worried. According to a recent analysis of the country’s 2025 budget by Ekonomicheskaya Pravda, a business news site, these changes could result in billions of hryvnia (the local currency) being taken back from pension
