Last Updated : GMT 09:40:38
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Themuslimchronicle, themuslimchronicle
Tuesday 24 June 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Citibank

Oil prices will stay lower for longer, banks warn

Themuslimchronicle, themuslimchronicleOil prices will stay lower for longer, banks warn281579/244
Kuwait - Muslimchronicle
Officials from two of the world’s biggest banks warned last week of a “lower for longer scenario” for oil prices. Speaking at a panel on oil prices in Kuwait, Ed Morse, the global head of commodities research at Citibank, told the audience on Oct. 18 that he expects to see oil prices staying in a range between $40 and $60Read more

UK banks 'handled' $740 mn in laundered Russian money

Themuslimchronicle, themuslimchronicleUK banks 'handled' $740 mn in laundered Russian money253360/243
London - AFP
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday. According to documents obtained by the Organized Crime and Corruption Reporting Project, at least $20 billion was moved out of Russia between 2010 and 2014 in a vast criminal operation called "The Global Laundromat". Russian Money launderingTrump Money launderingAntiRead more

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