• 03/10/2025

U.S. Says Some Companies Cheat H-1B System, Driving Record Applications

Wall Street Journal Visa applicants are entered in the H-1B lottery multiple times to boost their chances, federal agency says in notice to employers. https://www.wsj.com/articles/u-s-says-some-companies-cheat-h-1b-lottery-driving-record-applications-1a3e4fd

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Ruble’s rate up on Moscow Exchange following Central Bank’s key rate decision

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. After the Central Bank’s publication, the dollar was down by 1.64% at 80 rubles as of 1:47 p.m. Moscow time, while the euro was down by 2.04% at 87.89 rubles https://tass.com/economy/1611199

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Bank of Russia keeps key rate at 7.5% per annum for fifth consecutive time

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The regulator has also changed its average key rate outlook for 2023, currently projecting it at 7.3-8.2% per annum https://tass.com/economy/1611191

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Three days of mourning announced in Cherkasy Oblast after Russian attack on Uman

Pravda Ukraine Three days of mourning have been announced in Cherkasy Oblast after a Russian missile hit a multi-storey residential building in Uman on the morning of 28 April. Source: Ihor Taburets, Head of Cherkasy Oblast Military Administration, on Telegram Quote: “A terrible tragedy for the whole Cherkasy Oblast. https://www.pravda.com.ua/eng/news/2023/04/28/7399853/

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Putin signs law on Russian citizenship

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is geared to implement the Concept of State Migration Policy of the Russian Federation for 2019-2025 https://tass.com/politics/1611189

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China Celebrates Economic Recovery, Pledges More Help on Jobs

Wall Street Journal The Communist Party’s top policy-making body signaled optimism after lifting of Covid-19 controls, while acknowledging concerns about consumer demand. https://www.wsj.com/articles/china-celebrates-economic-recovery-pledges-more-help-on-jobs-913398cb

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Hainan’s deep-sea port opens new shipping route to Indonesia

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The new trade route will significantly boost China’s trade with other Southeast Asian countries, especially Malaysia https://tass.com/economy/1611277

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Hamas armed wing announces suspension of bitcoin fundraising

Jerusalem Post Hamas had endorsed crypto as a fundraising method for years, previously developing sophisticated tactics to solicit bitcoin donations. https://www.jpost.com/business-and-innovation/banking-and-finance/article-741545

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Serbia’s Vucic vows his country will not join NATO

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “Serbia will painstakingly maintain its military neutrality and defend its freedom on its own. This is our choice,” Aleksandar Vucic said https://tass.com/world/1611187

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Russian Central Bank Holds Key Rate at 7.5%

Moscow Times The Bank’s updated forecasts put annual inflation in 2023 between 4.5 and 6.5%. https://www.themoscowtimes.com/2023/04/28/russian-central-bank-holds-key-rate-at-75-2-a80979

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