US extends Lukoil sanctions waiver as Russian oil giant looks to sell assets

US extends Lukoil sanctions waiver as Russian oil giant looks to sell assets

Shorouk Express The measures, announced on Oct. 22, were “a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine,” the U.S. Treasury said.  Lukoil subsequently announced it would sell its overseas assets but has yet to find a buyer after a deal with Swiss-based firm Gunvor fell through when Washington blocked it. U.S. private…

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France’s PM turns to YouTube to sell his budget cuts

France’s PM turns to YouTube to sell his budget cuts

Shorouk Express Last month, during a two-hour press conference billed as “a moment of truth,” the French prime minister unveiled his draconian plans to drastically cut public spending in 2026. The plans include slashing two of France’s 11 public holidays, reducing the number of civil servants and freezing welfare payments, including pensions, that are typically adjusted…

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