Russian Oil Giant Hoards $44 Billion Cash in Sanctions' Shadow

Russian Oil Giant Hoards $44 Billion Cash in Sanctions' Shadow

Surgutneftegas, Sberbank and UniCredit declined to comment. Others didn't respond. Surgut was included in U.S. sanctions imposed in 2014 over Russia's role in the deadly Ukraine conflict. Those curbs targeted some technology supply and access to foreign capital markets, which aren't vital for the
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Southeast Asian Leaders Agree to Fast Track Regional Trade Pact

Southeast Asian leaders agreed to work intensively toward an agreement by the end of this year on plans to create what could potentially be the world's biggest trading bloc. Attempts to advance the so-called Regional Comprehensive Economic Partnership were a key talking point at a summit of the
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Del the Funky Homosapien

Clipped snares and sci-fi synths follow on “Wheel of Fortune”—but after a minute of bubbling into a groove, the song slows to a reggae tempo for a short instrumental passage before seamlessly transitioning back to its original sound. Del's voice is present, but it's the instrumental soundscape that dictates
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Renaissance Technologies LLC Acquires 400 Shares of Investors Title (ITIC)

Investors Title logo Renaissance Technologies LLC boosted its stake in shares of Investors Title (NASDAQ:ITIC) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,600 shares of the insurance
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MacDuff's Call: Sailing away from high mortgage rates

My husband and I were married in 1981, which was a momentous year for Canada. I would like to say it was because of our marriage, but, sadly, it was due to record high interest rates. Double digits were common from 1973 to 1991. They peaked in 1981 at 20 per cent for a five-year fixed rate mortgage,
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Booming US energy sector looks to Canada for equipment bargains

… the global energy landscape. Colorado is also hungry for equipment. Gina Crews, who works for Pacific Customs Brokers, said up to 30 people a day have dropped by her booth at the auction seeking advice on how to import equipment into the U.S.. “Anything that moves, they're buying it,” Crews said.
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Ex-con candidate compounding GOP woes in West Virginia

This former coal mining executive, an ex-convict released from prison less than a year ago, is willing to risk his personal fortune and the GOP's golden opportunity in West Virginia for the chance to prove them all wrong. “I'll get elected on my own merits,” Blankenship says. There aren't a lot of things that
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'I hope she will come out of jail a better person': Angus dad glad daughter jailed for theft of family …

A father yesterday said he was pleased to see his daughter sent to prison after she stole his family's savings to pay for a spending spree and “boob job”. Lisa Reid and her partner Mark Green were jailed for a total of four and a half years after being convicted of hatching a plot to steal nearly £50,000 from
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Farmers unhappy over Egyptian government-set prices for wheat

Egypt has approximately 1.2 million hectares cultivated with wheat this year and is expected to produce 4 million tonnes of grain. However, the country needs about 9.5 million tonnes of wheat to cover domestic needs. Egypt, which is the world's largest buyer of wheat, plans to import 7 million tonnes of
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Lee County March home sales increase 17 percent from 2017

Demand: March residential sales increased 34.9 percent from February. This direction is consistent with historical data indicating that March sales on average (2013-17) increase 8 percent from February. Homes selling in March averaged 64 days on the market, a decrease of 4.5 percent from last year.
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Fortune favours Dusseldorf as Cologne are relegated

by BeSoccer @besoccer_com – 28 Apr 2018 0 62. Fortuna Dusseldorf have been promoted back to the Bundesliga thanks to a last-minute winner, but Cologne have been relegated. Cologne's relegation from the Bundesliga was confirmed on Saturday as Fortuna Dusseldorf returned to Germany's top
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Dalmia group adopts Red Fort: PM Modi preparing to 'mortgage' India's heritage to corporates …

“Prime Minister Narendra Modi is preparing to mortgage India's symbol of Independence, the Red Fort to corporates. Does Modiji or BJP even understand the importance of Lal Quila?” Congress' chief spokesperson Randeep Singh Surjewala said. He added, “Is it not true that the private company will
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Shares rebound on banking stocks

HÀ NỘI — Vietnamese shares saw a rebound on Friday thanks to strong cash flow pouring into banking and securities sectors, but investors' hesitation still makes the market momentum unsustainable. The benchmark VN-Index on the HCM Stock Exchange (HOSE) gained 0.52 per cent to close at
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Owner occupiers with interest-only loans forced to switch to principal and interest

This means customers have ultimate bargaining power with their lenders and if they don't give them a better deal they can easily switch if they are on a variable rate deal. I've known people to be living in their own homes and opting to pay interest only because they're under financial strain.
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City of Long Beach initiates several programs to address various housing issues

Through the federal program, the cost of energy-efficiency upgrades is bundled into a mortgage for the same financing terms, and homeowners and homebuyers are automatically qualified for up to an additional 5 percent of their home's value on their mortgage loan. Furthermore, rebates and other
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Philip Morris International (NYSE:PM) Receives “Buy” Rating from Cowen

Philip Morris International (NYSE:PM)'s stock had its “buy” rating reaffirmed by research analysts at Cowen in a report released on Friday, April 20th. They presently have a $105.00 price objective on the stock. Cowen's price objective indicates a potential upside of 27.18% from the company's previous
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Magna International (MGA) Receives Average Recommendation of “Buy” from Brokerages

Shares of Magna International (NYSE:MGA) (TSE:MG) have received a consensus recommendation of “Buy” from the nineteen brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating, nine
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The 4 Reasons Why Bitcoin Will Be Bulletproof in 2018.

2017 marked a historic development in the financial markets, as Bitcoin enjoyed a year that saw it go from a market value of just over $1000 in January to nearly $20,000 in December. Then it … The stock markets are all at historic highs and the sluggish real-estate market is booming again. This type of
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Armed police and sniffer dog descend to Basildon road near Fortune of War roundabout

A number of armed police and a sniffer dog have been spotted on a road in Basildon. Witnesses reported seeing around seven officers down an alleyway at Willowfield, which is near to the Fortune of War roundabout on the A127. One witness described seeing one teenage boy in handcuffs, along with
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Bank of Luxemburg claims Best of Door County in banking

An independent bank headquartered in Luxemburg has apparently made quite an impression on people in Door County after opening just a little … The Sturgeon Bay branch of the Bank of Luxemburg had the distinction of winning the Best of Door County in a recent poll on DoorCountyDailyNews.com.
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