Binance exchange is implementing a new account restriction policy for its Russian users in response to the European Union’s fifth financial restriction on Russia for its invasion of Ukraine. According...
Tag: Russia
After Ukraine/Russia Pullout, Polish Fashion Group LPP’s Inventory Weighs On Share Price
Reserved shop inside Galeria Krakowska shopping mall in Krakow. (Photo by Beata Zawrzel/NurPhoto via … [+] Getty Images) NurPhoto via Getty Images Russia’s invasion of Ukraine is starting to sho...
Bitcoin Holds Steady As US Extends Sanctions Against Russia To Cryptocurrency Mining
Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies ac...
Binance Deactivates Accounts Of Its Major Clients In Russia As Part Of EU Sanctions
The world’s biggest crypto exchange by trading volume, Binance, will deactivate the accounts of its Russian users, cutting its services in Russia as part of the EU compliance, the company said on Thur...
New Mass Grave Site Spotted Outside Mariupol, According To Satellite Images
Topline Satellite photos appear to show a mass grave near the besieged Ukrainian city of Mariupol, satellite firm Maxar Technologies said Thursday, after local officials claimed Russia had disposed of...
Philip Morris lowers 2022 outlook on plans of exiting Russia
Philip Morris International Inc (NYSE: PM) reported market-beating results for its fiscal Q1 on Thursday despite a hit to its business due to the Ukraine war. Shares are up 2.0% today. Philip Morris f...
Russian Billionaire Alekperov Resigns As Lukoil CEO Amid Sanctions Over Ukraine
Topline Russian billionaire Vagit Alekperov stepped down as CEO of Russia’s second-largest oil company, Lukoil, the company said on Thursday, days after the U.K. and the EU sanctioned the former Sovie...
Binance to restrict services to Russia following EU sanctions
Binance, the largest crypto exchange by trading volume, said it will limit services to Russian citizens after the EU announced its new sanctions against the country. Binance said the EU’s fifth packag...
Ukraine ‘Peace Bonds’ Could Draw ‘Big Interest’ From Retail Investors
Topline Amid the massive human and economic toll of Russia’s ongoing invasion, Ukraine’s plan to raise additional funds for its war effort and reconstruction by offering bonds to retail investors abro...
Russia Faces New Urgency to Dodge Default, Avoid Wall Street
(Bloomberg) — Russia’s race to avoid default just escalated. Most Read from Bloomberg The country has been inching closer after JPMorgan Chase & Co., under orders from the U.S. Department of...
The U.S. Is Vulnerable To An Electromagnetic Pulse Attack
A postwar replica of the ‘Little Boy’ nuclear weapon, which was dropped on Hiroshima, Japan, in … [+] August 1945. U.S. government Photo, circa 1946. (Photo by MPI/Getty Images) Gett...
Biden announces massive new aid package for Ukraine
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will announce a new military aid package to Ukraine, which i...
IMF Watchful Crypto Mining Could Help Russia Evade Sanctions
The International Monetary Fund (IMF) remains wary of a possible scenario where countries like Russia and Iran may use crypto mining to avoid sanctions. In the global financial stability report by IMF...
Majority Of Americans Believe Biden Has Not Been ‘Tough Enough’ Against Russia, Poll Finds
Topline A majority of Americans believe that President Joe Biden’s response to Russia’s invasion of Ukraine has not been “tough enough,” according to a poll, even as the White House has attempted to t...
Bitcoin mining company punished with Russia sanctions
The US Treasury has placed BitRiver, a Bitcoin mining company operating in Russia, on the blacklist of companies subject to sanctions. Sanctions against Russia also affect Bitcoin mining The US Trea...
The Dutch Are Sending Huge German Armored Howitzers To Ukraine
PABRADE, LITHUANIA – JUNE 08: A Panzerhaubitze 2000, which is a German 155mm self-propelled … [+] howitzer of the Bundeswehr, the German armed forces, takes part in Thunder Storm 2018 mult...
Binance Limits Services in Russia Following EU Sanctions
Key Takeaways Binance, the world’s largest crypto exchange by transaction volume, announced today that it is limiting its services in Russia. Per the new regime, the accounts of Russian national...
Putin Claims Russia Has ‘Liberated’ Mariupol, Orders Siege Of Steel Plant Where Ukrainian Fighters Remain
Topline Russian President Vladimir Putin claimed his country’s forces had successfully captured the key port city of Mariupol in southern Ukraine which has been under a bloody siege for nearly two mon...
Binance restricts services in Russia following the EU’s latest sanctions
The world’s largest cryptocurrency exchange by trading volume, Binance is set to restrict services to Russian persons or entities with crypto assets exceeding the value of 10,000 euros ($10,885). Meas...
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch
In a press release today, the U.S. Department of the Treasury is taking action against companies in Russia’s virtual currency mining industry. The Office of Foreign Assets Control (OFAC) designated Bi...
IMF issues Warnings! Russia could use Bitcoin Mining to bypass the sanctions
International Monetary Fund believes that sanctions might have good intentions, but Russia is likely to avoid them; it could use bitcoin mining In its new report, the International Monetary Fund put o...
Wimbledon Bans Russian And Belarusian Tennis Players — Here’s Who’s Affected
Topline Two of the world’s top tennis players—Daniil Medvedev and Aryna Sabalenka—will be banned from Wimbledon this year after the famed British grand slam tournament organizers announced Wednesday t...
Treasury Sanctions First Crypto Miner—Targeting Russia’s Bitriver For ‘Supporting Putin’s Brutal War’
Topline In its latest retaliatory measures following Russia’s invasion of Ukraine, the Treasury Department on Wednesday sanctioned one of the largest cryptocurrency miners in Europe and Asia—mar...
Russia Offers Oil in a Rush, Hinting at Longer-Term Trade Impact
(Bloomberg) — Russia’s state oil producing giant Rosneft PJSC surprised traders in Europe and Asia with offers to sell large amounts of crude at speed, as well as setting out significant changes...
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says – Mining Bitcoin News
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the w...
Energy-Driven Ruble Rebound Won’t Rescue Russia
Russian President Vladimir Putin speaks during a meeting of the Russia the Land of Opportunity … [+] Supervisory Board at the Kremlin, in Moscow, Russia, Wednesday, April 20, 2022. (Mikhail Klim...
Russia reaps reward of domestic payment system after Visa and Mastercard withdraw
In 2014 Gennady Timchenko, a billionaire businessman and an ally of Russia president Vladimir Putin, sang the praises of a new UnionPay card he obtained after sanctions rendered his Visa and Mastercar...
Netflix Reels From Russia And Competition
Netflix logo (Photo by Chesnot/Getty Images) Getty Images The best bull markets ignore almost all news events. Traders do not care about unique disruptions like pandemics or wars. Macroeconomics get a...
Pandemic Demand Destruction No Match For Supply Shortages
TOPSHOT – A man wears a protective face mask on the promenade of the Bund along the Huangpu River in … [+] Shanghai. (Photo by Hector RETAMAL / AFP) (Photo by HECTOR RETAMAL/AFP via Getty ...