OPEC+ Shouldn’t Kick Russia Out Of The Group

Vienna, AUSTRIA: The headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in … [+] Vienna. AFP PHOTO/JAKUB SUKUP (Photo credit should read JAKUB SUKUP/AFP via Getty Image...

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments – Regulation Bitcoin News

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislat...

Is the Central Bank of Russia planning to open bitcoin and crypto for international payments?

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U.S. Reportedly Aiming To Sell Ukraine Faster And More Powerful Armed Drones

Topline The Biden Administration plans to sell four MQ-1C Gray Eagle drones to Ukraine, Reuters reported Wednesday, potentially giving Ukraine access to much larger, more sophisticated and more heavil...

The Russian oil embargo and its consequences

The European Union has reached an agreement, which is estimated to bring up to 22 billion in lost revenue to the Kremlin’s coffers and a rise in the price of Brent crude Sanctions for Russia: the new ...

Russia Fails to Meet Bond Obligations, Triggering Swaps Payout

(Bloomberg) — Russia was judged to have breached the terms on a bond after missing a $1.9 million interest payment and triggering an insurance payout potentially worth billions of dollars. Most ...

Russia Ignores Crypto Mining Energy Consumption, Looks Towards Regulation ⋆ ZyCrypto

Advertisement &nbsp &nbsp According to Interfax News Agency, the deputy head of the ministry of industry and trade, Vasily Shpak has given Russia’s unambiguous position on the...

Russia is considering crypto for international payments- The Cryptonomist

Russia is considering whether or not to use cryptocurrencies to circumvent Western sanctions. Russia and international payments in cryptocurrencies  Russia values ​​cryptocurrencies as a means of inte...

Zelensky Says He Won’t Attack Russian Territory—But Russia Blasts U.S. For Sending Rockets To Ukraine

Topline Ukraine is “not interested” in attacking Russian territory and only intends to use foreign supplied weapons to drive out invading forces from its own land, the country’s president Volodymyr Ze...

Bank of Russia plans to use cryptocurrencies for international trade

The Central Bank of Russia is not a big fan of cryptocurrencies, as earlier this year, the institution had advocated for a blanket ban on cryptocurrencies. However, with the hefty sanctions levied aga...

No Relief In Sight For Gas Prices Or Biden

LONG BEACH, CALIFORNIA – MARCH 07 : In this composite image taken at the same gasoline station … [+] 43-years apart, the price differences are reflected decades later. Top photo, taken May...

Oil Prices on Rise Again as OPEC Considers Suspending Russia From Output Deal

Text size Oil prices have surged above $100 a barrel since Russia’s invasion of Ukraine. David McNew/Getty Images Oil prices edged higher after briefly falling back on Tuesday following a report...

What Exempting Russia From OPEC+ Supply Quotas May Mean for Oil

(Bloomberg) — Exempting Russia from the OPEC+ alliance’s oil-production agreements is being discussed by some members of the Organization of Petroleum Exporting Countries, the Wall Street Journa...

How Ukraine Perfected The Small Anti-Tank Drone

Ukraine’s Aerorozvidka (“Aerial Reconnaissance”) teams are not the first to use small multicopters to drop bombs, but they have transformed the drones from nuisance weapons into tank killers. They hav...

Central Bank of Russia Welcomes Crypto Payment

18 mins ago | 2 mins read Bitcoin News A green flag may be given to crypto payments for international trading. The first deputy of CBR thinks ‘usage within the country involves a high-risk factor’. Ks...

Ukraine Will Get HIMARS Rocket Systems, But Not Long-Range Missiles

EAST COAST, SOUTH KOREA – JULY 05: In this handout photo released by the South Korean Defense … [+] Ministry, U.S. M270 Multiple Launch Rocket System firing an MGM-140 Army Tactical Missil...

Gas Wars Deepen as Russia Curbs Supplies to More European Buyers

(Bloomberg) — Russia cut off the gas to more European buyers, stepping up its use of energy as a weapon and sowing further division in Europe. Most Read from Bloomberg Gazprom PJSC halted pipeli...

These charts show Russia’s invasion of Ukraine has changed global oil

European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global...

OPEC Reportedly Discusses Exempting Russia From Oil Targets—Possibly Setting Stage For Boost In Output

Topline Members of the Organization of the Petroleum Exporting Countries may exempt Russia from an agreement to gradually boost oil production, the Wall Street Journal reported Tuesday, possibly freei...

Tech Week Moscow 2022: The first adapted conference and exhibition for business in Russia

31 May — 2 June | Moscow, Skolkovo Technopark Some dates stand out on the calendar at the beginning of every year. The Tech Week Russia event is one of the first dates that big players and the game sh...

Why Gasoline Prices Are Only Going Higher From Here

FILE – The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. A … [+] majority of Americans say they don’t blame President Joe Biden for high gasol...

Russia Reacts To EU’s Partial Oil Ban

Topline Russian officials on Tuesday dismissed the European Union’s partial ban on oil imports from the country as part of a new wave of sanctions, while leaders in the regional bloc acknowledged they...

Russia May Turn to Crypto to Pay Off Its Foreign Debt as Sanctions Mount

US Treasury Department officials announced that Russia would no longer be able to pay bondholders through US banks after May 25, 2022 due to sanctions imposed by the Biden administration for its invas...

Maybe Things Aren’t That Bad For The Stock Market After All

the dark clouds part getty So was last week’s 6.6% market advance a head fake after six weeks of red ink for the S&P 500? Odds are that May’s last full week was an interlude in the steady downtren...

Can Qatar Really Replace Russia As Germany’s Gas Supplier?

Long before the re-emergence of the ‘Pan-Arab’ ideology now increasingly evident among several leading Middle Eastern countries, Qatar had sought to go its own way, neither aligning fully with the U.S...

EU Leaders Back Push to Ban Most Russia Oil Over Putin’s War

(Bloomberg) — European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the in...

Russia Reportedly Considering Crypto Asset Adoption for International Payments

The embattled nation of Russia is reportedly considering the use of crypto assets for international payments. According to a new report by Interfax, the country’s Ministry of Finance is mulling over t...

Russia Goes Bullish On Bitcoin As It Mulls Using Cryptos For International Transactions ⋆ ZyCrypto

Advertisement &nbsp &nbsp Russia’s ministry of finance is considering the possibility of using cryptocurrencies like Bitcoin in conducting international payments. According to...

Russia plans to control crypto mining despite the rise in electricity usage

Russia is seeking to regulate crypto mining despite the rise in electricity consumption in the country. In a speech issued today on the United Russia discussion forum, the Russian Deputy Head of the M...

Biden Rules Out Giving Ukraine Rockets ‘That Can Strike Into Russia’

Topline The United States will not send the Ukrainian military rocket systems that can reach targets inside Russia, President Joe Biden said Monday, as Ukraine asks U.S. officials for long-range rocke...

Russia eyes new bond-payment system in bid to avoid historic default

Russia plans to use a new bond payment system that would pay off bondholders in rubles, but who will then receive these payments in dollars or euros. The move comes as Russia tries to avoid sinking in...

Russia Mulls Enabling Crypto For Int’l Payments As Western Sanctions Bite

Despite the Russian government’s expectation that cryptocurrencies will be legalized as a form of payment, no consensus has yet been reached after months of panel discussions in Moscow about crypto. N...