Putin bans cash exports from Russia exceeding $10,000March 2, 2022 - 10:55 AMT PanARMENIAN.Net - Russian President Vladimir Putin on Tuesday, March 1 signed a decree that prohibits taking more than $10,000 worth of foreign currency in cash and “monetary instruments” out of Russia, the Associated Press reports. The move comes in response to the crippling sanctions Western nations have imposed on Russia over its invasion of Ukraine, which this week tanked the ruble and sent Russians flocking to banks and ATM in fear for the fate of their savings. Other measures Putin ordered this week included obligating Russian exporters to sell 80% of their revenues in foreign currency, prohibiting Russian residents from providing non-residents with foreign currency under loan agreements and from depositing foreign currency into foreign bank accounts. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Power of One Dram to benefit Road of Life, Strong Mind IDBank and Idram summarize the results of the May program of “The Power of One Dram”. Yerevan State University, Ucom sign Memorandum of Cooperation Rector of Yerevan State University Hovhannes Hovhannisyan and General Director of Ucom Ralph Yirikian signed the memorandum. EU to provide budgetary support to Armenia The agreement is aimed at increasing the competitiveness of the educational system of Armenia. Aliyev: No peace treaty unless Armenia changes constitution Azerbaijan will not sign a peace treaty with Armenia unless the latter changes its constitution, Azerbaijani President Ilham Aliyev said. |