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Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages

(Bloomberg) — Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and further strain household budgets.

The new special consumption taxes on different types of fuel — including gasoline and diesel —

More than 1.2 billion euros in Russian assets frozen

NICOSIA, Cyprus (AP) — Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, Cyprus’ Finance Ministry said Tuesday.

The ministry told The

BC Securities Commission bans lawyers over role in fraud

BC’s securities regulator has permanently banned a Vancouver lawyer from the financial markets after he was convicted in a US court for his role in a US$34-million fraud.

In 2018, the US Securities and Exchange Commission accused Faiyaz A. Dean

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