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Russia must 'barricade' itself against dollar, senior diplomat says

Section: Daily Dispatches

By Ilya Arkhipov and Henry Meyer
Bloomberg News
Wednesday, February 24, 2021

Russia must take urgent steps to cut its use of the dollar to a minimum as the new U.S. administration of Joe Biden signals it will ramp up sanctions, a top diplomat said.

"We need to barricade ourselves against the U.S. financial and economic system to eliminate dependence on this toxic source of permanent hostile actions," Deputy Foreign Minister Sergei Ryabkov said in an interview today in Moscow. "We need to cut back the role of the dollar in any operations."

... Dispatch continues below ...



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Prime Mining Named to
TSX Venture Exchange Venture 50

Company Announcement
Wednesday, February 24, 2021

VANCOUVER, British Columbia, Canada -- Prime Mining Corp. (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) announces that it has been named to the 2021 TSX Venture 50, an annual ranking of top-performing listed companies from five industry sectors including mining, oil and gas, clean technology and life sciences, diversified industries, and technology.

The 2021 Venture 50 top performers were selected based on year-over-year performance across three equally weighted criteria: market capitalization growth, share price appreciation, and trading volume for the year ended December 31, 2020.

“We are extremely honored to be recognized and selected by the TSX Venture Exchange within the top 10 of mining companies,” said Daniel Kunz, CEO of Prime Mining.

"The past year has seen Prime Mining evolve on many fronts, including the advancement of our high-grade gold and silver deposit in Sinaloa, Mexico, and the addition of a strong, experienced management and technical team and strategic shareholders Trinity Partners and Pierre Lassonde." ...

... For the remainder of the announcement:

https://primeminingcorp.ca/news/company/prime-mining-named-to-tsx-ventur...



Russia is bracing itself for the latest U.S. punitive measures over the nerve-agent poisoning and imprisonment of opposition leader Alexey Navalny. In a speech to the Munich security conference last week, Biden said that addressing "Russian recklessness and hacking into computer networks in the United States and across Europe and the world has become critical to protecting our collective security."

The U.S. has imposed more than 90 rounds of sanctions in recent years targeting state banks and corporations, the oil and gas sector, top officials, and business tycoons and is likely to add more restrictive measures, Ryabkov said. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2021-02-24/russia-must-barricade...

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