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The UK Treasury is currently investigating 37 UK-linked businesses suspected of breaching sanctions on Russian oil, according to a BBC report. Introduced after Russia invaded Ukraine, the sanctions include a price cap of $60 per barrel on Russian oil, limiting UK businesses from facilitating its transportation. Despite 52 companies being under investigation since December
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Ireland’s Finance Minister, Jack Chambers, is set to unveil a pre-election budget on Tuesday, featuring personal tax cuts and measures to alleviate the cost of living. The announcement comes amid speculation of a possible general election before Christmas. Despite a projected €25bn budget surplus, largely driven by a tax windfall from Apple, Chambers has stated […]
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In a significant escalation of rhetoric, Russian President Vladimir Putin stated that Russia would regard an attack from a non-nuclear state, supported by a nuclear-armed nation, as a “joint attack,” hinting at the potential use of nuclear weapons in the ongoing conflict in Ukraine. This declaration comes as Ukraine intensifies its military operations, seeking