Drugmaker Pfizer said Monday it would donate all profits from its Russian subsidiary to humanitarian aid in Ukraine and will no longer do “business as usual” in Russia, adding to a growing list of com...
Tag: Russia
Russian Forces Stalled Outside Kyiv, U.S. Says
Topline Russia’s military is approaching the Ukrainian capital of Kyiv from several directions in a possible effort to encircle the city, but its forces have been stalled for several days, partly due ...
What a Russia debt default would mean for financial markets as Ukraine invasion continues
The threat of a Russian default on sovereign debt is seen near, but investors so far aren’t panicking over any potential hit to global financial markets. “While a default would be symbolic, it seems u...
Elon Musk’s Starlink Becomes Most-Downloaded App In Ukraine
Topline Starlink, the app that enables mobile users to access SpaceX’s satellite internet service of the same name, was the most-downloaded app in Ukraine Monday afternoon after reaching the top spot ...
Honeywell CEO says suspending business in Russia won’t be a major headwind
Honeywell‘s decision to halt business activities in Russia following the country’s invasion of Ukraine is unlikely to cause problems for the company’s balance sheet, CEO Darius Adamc...
Crypto companies in Dubai experience massive increase in crypto transactions from Russia
TL;DR Breakdown • Russia-Ukraine conflict causes increased exchange of local currency for cryptos.• Crypto companies in the UAE indicate that Russian investors also focus on buying real estate. Crypto...
Here’s how Asian countries deal with crypto sanctions against Russia
Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to t...
Putin’s War on Ukrainian Children
Children are victims in every armed conflict. This is a given. According to reports, Ukraine is not an exception. After Putin unleashed an attack on Ukraine, without any provocation and any credible j...
Deglobalization Creates Opportunity For Nevada-Based Lithium Miner
Lithium Mine. (Photo by Pablo COZZAGLIO / AFP) (Photo by PABLO COZZAGLIO/AFP via Getty Images) AFP via Getty Images The war in Ukraine is shrinking the world. De-globalization, an anathema only a deca...
Western media bypass Russia’s internet blockade
As part of the war of information and counter-information being fought alongside the military war on the ground between Russia and Ukraine, the Kremlin has also imposed an internet ban in recent days....
U.S. Losses Top $1.1 Trillion As Beijing’s Russia Ties Spark Investor Concerns
Topline Shares of Chinese heavyweights trading in the United States plunged Monday amid growing concerns over Beijing’s ties to Russia and potential delistings, piling on to losses of more than ...
G7 Nations Enforce Fresh Crypto Sanctions Against Russia – Will It Break The Oligarchs?
https://www.tradingview.com/chart/ajrdy9Lf/ With the Biden administration spearheading the enactment of economic sanctions against Russia for its invasion of Ukraine, the G7 (Group of Seven) countries...
Squatters occupy London mansion thought to belong to Russia oligarch
A group of squatters displayed banners and a Ukrainian national flag on the facade of a mansion supposedly belonging to Russian oligarch Oleg Deripaska in Belgrave Square, central London, on March 14,...
Sum Of All Fears
Key News Asian markets were mixed as India and Japan rose while China, Hong Kong, and the Philippines were off. The Hang Seng plunged -4.97%, driven by the sum of all fears as US ADR delisting risk du...
5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise with Russia-Ukraine war, Fed in focus A view of the New York Stock Exchange ...
Pfizer Will Donate All Russian Profits To Ukrainian Relief Efforts
Topline Pharmaceutical giant Pfizer will donate all profits from its Russian subsidiary to Ukrainian relief efforts and provide only a humanitarian supply of medicine to Russia, the company announced ...
Japan to Fine Crypto Exchanges for Violating Russia Sanctions
Japan’s Financial Services Agency (FSA) and Ministry of Finance have jointly announced on Monday that they have laid out a plan to penalize cryptocurrency exchanges who are violating economic sanction...
Ukraine to Launch NFT Collections About the War Against Russia
Amid its ongoing invasion from the Russian Federation, the Ukrainian government wants to depict some war moments to show the world in the form of non-fungible tokens (NFTs). Thus, the nation continues...
Trading on the Moscow Exchange Is Suspended for the Third Week
The Central Bank of Russia has decided to continue the suspension of the stock trading on Moscow Exchange for another week. In the latest announcement, the central bank confirmed that trading in the e...
Goldman Sachs and JP Morgan wind down operations in Russia, crypto takes a toll
Crypto takes a hit in Russia as JP Morgan and Goldman Sachs halt Russian operations Growing sanctions over Russia with the current war has battered the economy Citigroup’s consumer business operatio...
Deutsche Bank to wind down Russia operations in major U-turn
Bloomberg | Bloomberg | Getty Images Deutsche Bank has said it will wind down its Russia operations — a major U-turn that sent shares higher Monday. In an announcement released late Friday, the German...
How the Sanctions on Russia Impact Global Markets
On February 24, we woke up to news of Russia’s full-scale invasion of Ukraine. Peace talks had failed, and Russian forces were entering the southern Ukrainian city of Kherson and continuing to shell K...
Ukraine to Record War Against Russia in NFTs
The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia. According to the Guardian, Ukraine has taken t...
Japan orders crypto exchanges to comply with Russia sanctions
Japanese authorities have told crypto exchanges to comply with sanctions imposed on Russia. To do this, it has asked them not to process transactions subject to the sanctions against Russia and Belaru...
Japan Asks Crypto Exchanges to Cooperate in Sanctions Against Russia
Japan’s lawmakers have asked crypto exchanges to cooperate in the sanctions imposed against Russia. The request comes as governments pay attention to whether crypto can be used to avoid sanctions. The...
Western Union stops service in Russia and Belarus
In addition to the sanctions imposed on Russia following the invasion of Ukraine, the currency transfer giant Western Union (Money Transfer) has also suspended its services. The consequences of a war...
Ukraine Creates NFTs to Fund Their Struggle Against Russia
Never seen in history before, decentralized currencies have helped a great deal in Ukraine’s struggle against Russia. While the policies of the world’s countries have been directed towards incapacitat...
Russian Central Bank Changes Process of USD-RUB Rate Calculation
The Central Bank of Russia is changing the procedure of calculating and publishing the official foreign exchange rates as the value of the ruble against the US dollar plummeted over the past few weeks...
Ashmore Built Up Outsized Exposure to Russia Before Ukraine War
(Bloomberg) — Most Read from Bloomberg Ashmore Group Plc picked an inopportune time to be a bull on Russia. The emerging market specialist asset manager built up outsized exposure to Russian ass...
A $37 Billion U.S. Bond Fund Emerges as a Big Loser From Russia
(Bloomberg) — As Wall Street starts to tally the market damage triggered by Russia’s invasion of Ukraine, a big bond fund run by Franklin Resources Inc. is emerging as an early loser. Most Read ...
We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Coinotizia
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading ...