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Banking

Russia prepares decree to unfreeze and swap assets with foreign investors

A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank of Russia". REUTERS/Shamil Zhumatov/File Photo Acquire Licensing RightsAug 23 (Reuters) - Russian authorities are working on a draft presidential decree to give the country's retail investors a way to unblock their frozen assets held in overseas accounts and sell them to foreign parties, the central bank said on Wednesday.International sanctions against Moscow over its invasion of Ukraine have blocked many Russian investors' access to securities held in jurisdictions outside the...
Pension

Polish government draws up questions for voters, opposition calls foul

Polish Prime Minister Mateusz Morawiecki attends the European Union leaders summit in Brussels, Belgium June 29, 2023. REUTERS/Johanna Geron/File PhotoWARSAW, Aug 14 (Reuters) - The Polish government wants to pose questions to voters during a Oct. 15 election that will include whether Poland should take in "thousands of illegal immigrants", a move rivals say aims to swing the vote by misleading voters about opposition policies.The ruling nationalist Law and Justice (PiS) party said it had finalised four questions for what says is a referendum to coincide with the vote, covering...
Money

Trump group reports big legal expenses, claws money back from super PAC

WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...
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