It’s a devilish economic twist: Russia starts a horrific war in Ukraine, and ends up sabotaging … [+] Western economies all over the world. (Photo by Sean Gallup/Getty Images) Getty Images Russi...
Tag: Russia
Former McDonald’s Restaurants Reopen In Russia Under New Name (In Photos)
Topline Over a dozen former McDonald’s restaurants in Russia reopened Sunday with different branding and a new name—Vkusno & Tochka, which translates to “tasty and that’s it”—after the American fa...
Russia Gets Ready to Accept Crypto Payments
Russia is set to legalize bitcoin and other forms of crypto as methods of payment soon according to the country’s Industry and Trade Minister Denis Manturov. Russia and Crypto… A Perfect Match? In a r...
With New Guns And Long-Range Rockets, Ukraine Is Transforming Its Artillery. But Maybe Not Fast Enough.
An ex-Norwegian M-109 howitzer in Ukrainian service. Ukrainian defense ministry As many as a hundred Ukrainian soldiers die every day in the battle for eastern Ukraine’s Donbas region, Ukrainian Defen...
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
With New Tactics, Ukraine Can Break Russia’s Black Sea Grain Blockade
Any of these Black Sea ships, waiting to access a Romanian Port, can carry an anti ship missile. Getty Images In the American Civil War, Southern rebels used all manner of subterfuge to try and break ...
Russia Launches SWIFT Blockchain-Based Alternative to Circumvent Sanctions – crypto.news
Russia’s Rostec Corporation subsidiary, RT-Techpriemka has announced that it has successfully launched a distributed ledger technology (DLT) powered payments solution dubbed CELLS. The team claims CEL...
Russia, Ukraine Both Suffer Worst April In Two Decades For U.S. Trade
Newly released U.S. Census Bureau data shows that in looking at the month of April over the last two … [+] decades, both Russia and Ukraine suffered the steepest losses from March this year. Apr...
Russia Is in Topsy-Turvy World Where Belarus Tops German Exports
(Bloomberg) — Russian efforts to rewire trade flows and bypass sanctions for the war in Ukraine can’t make up for the collapse in imports that’s crippling its economy. Most Read from Bloomberg O...
Russia Could Replicate Iran’s Strategy To Skirt Oil Sanctions
The ban by the European Union (E.U.) on Russian oil imports by sea, in the first instance, is likely to affect around 75 percent of Russia’s crude oil delivery to the bloc, with this figure rising to ...
Former German Chancellor Merkel Defends Russia Policy Against Accusations Of Appeasement
Topline Former German Chancellor Angela Merkel argued Tuesday that Russia would have invaded Ukraine much earlier if not for steps by Germany and its allies, as German officials face accusations their...
For First Time, U.S. Imports Topped $1 Trillion In 4 Months, New Data Shows
As oil prices have risen so too have gasoline prices, leading to higher inflation for U.S. … [+] consumers. Getty Images U.S. trade topped $1 trillion in the first four months of the year, accor...
Europe Car Sales Forecasts Slashed Again, But Global Supply Improvements Promise Relief
Containe ships, Shanghai getty As European short-term car sales forecasts are slashed again because of China and Russia, investors worry that by the time supply chain horrors have subsided, underlying...
Skirting Russian Black Sea Blockade To Feed The World’s Hungriest Is Mission Of Yemen’s Biggest Company
Yemen’s civil war has killed hundreds of thousands and left many of the survivors without enough to eat. Now, Russia’s blockade of Ukraine’s food exports has made it even harder for the world’s hungri...
End Of Evaluations Overflow Era? A Unique Method For Investors To Determine Startup Value
The relatively new generation of entrepreneurs has probably only known the “easy money” era, a time that has also made investors more competitive, less meticulous in their decision-making ...
Fiji Hands U.S. Seized $300 Million Russian Superyacht Owned By Oligarch
Topline Fiji has handed the U.S. a $300 million superyacht Washington claims is tied to billionaire gold magnate Suleimon Kerimov, the country’s top prosecutor said on Tuesday, ending a protracted leg...
A Tale Of Four Empires
What did Britain, France and Spain get right, and why has Russia failed? Russian soldiers march through Red Square in Moscow. MLADEN ANTONOV/AFP via Getty Images The British, French and Spanish empire...
LeBron James Calls On Biden To Bring Brittney Griner Home From Russia
Topline LeBron James joined the growing voices calling for WNBA star Brittney Griner’s release from Russia, where she has been detained on drug charges for over 100 days, as the NBA community becomes ...
Ukrainian Troops Counterattack In The South And East
Ukrainian troops with an ex-Norwegian M-109 howitzer. Ukrainian army photo After retreating from northern Ukraine in late March and early April, the battered Russian army—having lost as many as 15,000...
What Is Ukraine’s End Goal In Its War With Russia? Voices From The Battlefield.
Injured child after Russian shelling of Mariupol, Ukraine. February 27, 2022 Evgeny Maloletka It has been over 100 days since Russia launched a full-scale invasion of Ukraine. The fight rages on, taki...
Putin’s War Kills At Least Two Children Every Day in Ukraine
Children, the most vulnerable members of societies, are most affected by the consequences of war. During conflict situations, children face the threat of killings, abuse, sexual violence, abductions, ...
Watch As A Russian ‘Flamethrower’ Launcher Opens Fire—And Ukrainian Guns Shoot Back A Minute Later
A Russian TOS-1 firing in eastern Ukraine. Social media capture A dramatic duel between a Russian “flamethrowing” rocket launcher and Ukrainian artillery somewhere in eastern Ukraine recently undersco...
How the U.S. Space Force plans to police outer space
Outer space is getting crowded, with both commercial endeavors and secretive military projects. And it’s going to be up to the newest United States military branch, the Space Force, to protect A...
Will Russia Use Crypto to Pay Its Foreign Debt?
Russia is no longer able to pay bondholders through US banks Speculation has it that Russia is about to default on its foreign debt The Russian government is ...
How Russia Has Remained One Step Ahead Of Western Sanctions
As the US and EU pile on sanctions, Russia finds more ways to avoid them… The week, the EU Sets Harshest Russian Sanctions, Targeting Oil and Insurance, with exemptions to Hungary. The European ...
Brittney Griner Communicating Through Email From Russian Detention
Topline WNBA star Brittney Griner, who has been detained in Russia since February on drug charges, is able to communicate with her fellow teammates and league players in writing, the Associated Press ...
Russia passes the bill that allows cryptocurrency Payments in Foreign Trade
The finance ministry, according to a news report, has made a number of changes to the law it has been working on over the previous few months. This year, a proposal to allow businesses to utilize cryp...
OPEC Move Is Not Worth Biden’s Hype, And Won’t Stop Record Gasoline Prices
Biden speaking by video with a different cartel, of baby formula makers, June 1, 2020. © 2022 Bloomberg Finance LP Another day, another record for gasoline prices, which hit an average of $4.715 a gal...
HPE Winds Up Russia and Belarus Operations, HPE Stock Down over 6% in Pre-Market Trading
HP’s ability to maintain impressive performance amidst market volatility is an assurance of a stronger company as the years unfold. Shares of computer hardware company Hewlett-Packard Enterprise (NYSE...
Russia Controls 20% Of Ukraine, Zelensky Says, As UN Civilian Death Toll Surpasses 4,000
Topline Russian troops now control about 20% of Ukrainian territory, the country’s President Volodymyr Zelensky told Luxembourg’s Parliament on Thursday, and the country’s civilian death toll has surp...