(Bloomberg) — Russia has already lost access to almost half of its reserves and sees more risks to President Vladimir Putin’s war chest due to increased pressure from the West on China, said Fin...
Tag: Russia
Russia Considers Nationalizing Foreign Businesses
The Russian government is reportedly considering seizing and nationalizing the assets of foreign companies exiting Russia due to its invasion of Ukraine. Seen as retaliation for Western sanctions and ...
The Week Ahead – Central Bank Policy Decisions and Russia in Focus
On the Macro It’s a busier week ahead on the economic calendar, with 59 stats due out through the week ending 18th March. In the week prior, 50 stats had been in focus. For the Dollar: Wholesale infla...
Russia threatens to make external debt payments in roubles
Russia has threatened to pay international bondholders in roubles rather than dollars just days before a key interest payment on its external debt comes due. Anton Siluanov, Russia’s finance minister,...
We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Regulation Bitcoin News
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 ...
The Anti-Oil Business Is Trying To Fool You Again
GENEVA, SWITZERLAND – JUNE 16 (RUSSIA OUT): Russian President Vladimir Putin (L) greets President of … [+] USA Joe Biden (R) during the US – Russia Summit 2021 at the La Grange Villa...
The Incursion Of Ukraine By Russia Has Resulted With An Increase In Trading Volumes On Cryptocurrency Exchanges
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Zelensky Presses Companies—Microsoft, SAP And Oracle—To Punish Russia More
Topline Ukrainian President Volodymyr Zelensky called on Microsoft, Oracle and SAP—who have all announced significant steps to roll back business operations in Russia—to take further action against Ru...
Lucas Tomlinson, On Covering Ukraine For Fox
A father cries as he says goodbye to his family in front of an evacuation train at the central train … [+] station in Odessa. (Photo by BULENT KILIC / AFP) (Photo by BULENT KILIC/AFP via Getty I...
Ethereum Co-founder Joe Lubin: Crypto Among Ukraine’s Best Weapons Against Russia
Crypto has proven a powerful weapon for Ukraine in its battle against Russia, with the crisis in Eastern Europe becoming “a point of no return” for crypto’s steady integration into global markets, sai...
US and EU double down on measures against Russia
The use of crypto assets to circulate economic sanctions is a criminal offense The economic measures against Russia have been swift and affected many industries Coinbase and Kraken said they would fre...
World War II Shows How Russia’s Siege Warfare Will Unfold In Ukraine
Ukraine’s cut-off cities must hold out. AFP via Getty Images Modern urban siege warfare, first experienced in World War II, is a grim exercise in human suffering. On one side, participants endea...
Deutsche Bank to Exit Russia, Says There Will Be No New Business There – Coinotizia
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2...
Tether Deaf to Calls to Stop Transacting With Russia
The Ukraine government’s pleas for stablecoin transactions to be stopped has been met with deaf ears from Tether. On Friday, Ukraine Vice Prime Minister, Mykhailo Fedorov tweeted at Bitfinex and Tethe...
Deutsche Bank to Exit Russia, Says There Will Be No New Business There – Finance Bitcoin News
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2...
35 Killed, 134 Injured By Russian Missile Strikes Near Polish Border
Follow real-time updates on Russia’s invasion of Ukraine. A man is taken on a stretcher to Novoiavorivsk District Hospital. Early this morning, a series of … [+] Russian missiles struck th...
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia – Finance Bitcoin News
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military ...
Although The Restrictions, Cryptocurrency Trading In Russia Is Still Booming
According to statistics from blockchain analytics firm Kaiko, Bitcoin trading volume in rubles reached its highest level this year last week. In comparison to Bitcoins usual daily trading volume of $2...
Russia and Belarus face crypto sanctions, Crypto.com hounds users for loan payments and Biden signs executive order on crypto: Hodler’s Digest, Mar. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Banks’ Exposures To Russia Are Much More Transparent Than That Of Non-Banks
Hundreds of financial institutions are exposed to Russia, but we do not know by how much. NurPhoto via Getty Images Remember Long Term Capital Management and AIG? I sure do. LTCM imploded in 1998, in ...
Western Union Suspends Operations in Russia, Belarus Over Ukraine War – Coinotizia
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federat...
Democrats File New Tax On Alleged ‘Windfall Profits’ By Big Oil
WASHINGTON, DC – APRIL 28: Sen. Sheldon Whitehouse, D-R.I., attends the Senate Judiciary Committee … [+] confirmation hearing in Dirksen Senate Office Building in Washington, D.C., on Wedn...
Ukraine Raises Money through Crypto, Russia Circumventing Sanctions with Digital Assets
The conflict between Russia and Ukraine took center stage last month. The issue not only changed the global political landscape but also the economies of both countries. The financial infrastructure i...
Ukraine Is Inflicting ‘Biggest Blow’ To Russian Army In Decades, Zelensky Claims
Follow real-time updates on Russia’s invasion of Ukraine. President of Ukraine, Volodymyr Zelensky holds a press conference in Kyiv, Ukraine on March 12, … [+] 2022. (Photo by Emin Sansar/...
China Stands As A Reliable Partner Of Russia Amid U.S. Sanctions
Russia-Ukraine conflict is getting deeper day by day. Since the war broke out many countries with the USA have tried to punish Russia with multiple sanctions. The restrictions were an attempt to hit t...
Insiders debate how to secure America’s energy future at CERAWeek
Attendees during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. F. Carter Smith | Bloomberg | Getty Images The annual CERAWeek by S&P Global e...
Western Union Suspends Operations in Russia, Belarus Over Ukraine War – Bitcoin News
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federat...
US and EU double down on measures against Russia potentially using crypto to evade sanctions
The United States and the European Union have announced new actions targeting Russia’s economy and wealthy individuals as a report suggests Vladimir Putin’s allies have attempted to circumvent sanctio...
Covid-19 Has Pushed Americans Back To Grandma’s Kitchen, How To Attend A Food Trade Show, And The Future Of Restaurants In Russia
Thousands of entrepreneurs, investors, buyers and distributors across the food industry are already packed inside the Anaheim Convention Center for the big return of Natural Products Expo West after a...
Mastercard & Visa Divorce from Russia: What’s Next for UnionPay
Western sanctions in Russia keep increasing across the board, with several companies announcing their withdrawal from the territory, including Mastercard and Visa, major financial payment processors. ...
Western Oil Companies, Facing New Demands, Find It Easier To Exit Russia
Loren Steffy, UH Energy Scholar NOVOKUIBYSHEVSK, RUSSIA – MARCH 15: A general view of the Novokuibyshev Refinery owned by Rosneft … [+] oil company on March 15, 2012 in Novokuibyshevsk, Sa...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of “to each according to his needs.” You ...