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In other news, the Financial Times reports that Russia has managed to circumvent G7 sanctions by building up a fleet of oil tankers which are able to operate without Western insurance. It says this will result in an increase in revenue for the Kremlin’s war chest.

Financial Times Front Page 22nd of April 2025

China has cautioned that it will respond forcefully against any government deepening ties with the US, insisting its own strategic interests must be safeguarded and hinting at countermeasures should isolationist policies prevail, while the PM stays firmly set on cooperation with Western partners.

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