Russian Firms Pivot To Crypto In Global Trade Amid Sanctions

Russian commodity firms have increasingly turned to cryptocurrency to circumvent financial hurdles posed by international sanctions. With traditional banking channels facing challenges, companies are now leveraging stablecoins, notably Tether (USDT), to facilitate “seamless and swift cross-border transactions” with their Chinese…

Spain, Ireland and Norway recognise Palestine

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spain, Ireland and Norway formally recognised Palestine on Tuesday, sparking a furious reaction from Israel. Spain’s prime minister Pedro Sánchez…