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/...
Tag: Russian
BlackRock funds just lost $17 billion due to Russian exposure. That’s just the tip of the iceberg, as Western banks are owed $121 billion by Russian entities
BlackRock funds have taken a $17 billion loss as a result of its Russian exposure since Putin’s invasion of Ukraine began in late February—and it’s not the only Western bank or asset manager set to ta...
What the Russian Invasion of Ukraine Means for Clients Considering Crypto
When Russia invaded Ukraine on Feb. 24, cryptocurrencies posted strong gains. Bitcoin rallied from $38,300 to $44,400, and Ether jumped to $3,000, up from $2,400. President Biden’s recent execu...
How Would War Affect Financial Markets? Interview With Russian Crypto Entrepreneur Elena Obukhova
HodlX Guest Post Submit Your Post Interview with Elena Obukhova – entrepreneur, writer, public speaker, founder and CEO at Fintech Advisory Services (FAS) – by Chris Michael Chris “Elena, thank you...
Shell Boss Says No One Will Be Fired Over Russian Oil Purchase
(Bloomberg) — Shell Plc’s chief executive officer took personal responsibility for a controversial purchase of Russian crude oil last week and said no one would be fired for it, people with dire...
Lockdown In China, Positive Developments Among Russian And Ukraine: Threat Or Allurement In Crypto Sector?
China has announced the spiking Covid-19 cases and has alerted citizens to stay inside their homes, to stop further spread. As per the reports, another 397 cases of domestic transmission were discover...
Ukrainian Minister Calls on Tether, Bitfinex to Cease Russian Transactions
Key Takeaways Mykhailo Fedorov, Vice Prime Minister of Ukraine, has redoubled calls to restrict crypto transactions to Russians, this time singling out Tether and Bitfinex. Fedorov has previously call...
UK regulators warn crypto firms aren’t exempt from Russian sanctions rules
advertisement The Bank of England, HM Treasury and the Financial Conduct Authority issued a joint statement on sanctions and crypto assets amid Russia’s invasion of Ukraine. The statement is th...
White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion
advertisement In a March 11 fact sheet on sanctions on Russia, the White House is once again spotlighting crypto as an area of concern. The fact sheet spotlights coming “New guidance by the Depa...
Could The Russian Oil Ban Turn The World Toward Renewable Energy?
Getty Images Key Takeaways The EU may not be in a position to follow suit on President Joe Biden’s ban on Russian oil imports The world, at large, has growing opportunities to turn to clean tech On Tu...
The US Bans Russian Energy Imports – Symbolically
A man rides a bicycle in front of a damaged by shelling apartment building in Mariupol, Ukraine, … [+] Wednesday, March 9, 2022. A Russian attack has severely damaged a maternity hospital in the...
UK Sanctions 386 Russian Politicians For Backing Ukraine Invasion
Topline The U.K. government on Friday sanctioned 386 Russian politicians who voted to recognize the independence of two separatist regions in Ukraine, following earlier sanctions on Russian oligarchs,...
Chelsea FC at risk amid sanctions on Russian oligarch Abramovich
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing h...
How Are FX Brokers Responding to Russian Sanctions?
Western governments reponed to the Russian invasion of Ukraine with a barrage of economic sanctions. The major one is the European Union’s ban of seven Russian commercial banks from accessing the inte...
It’s the Beginning of the End for Russian Gas in Europe. These Stocks Should Benefit.
The Batajnica gas storage facility, operated by Transportgas, in Batajnica, Serbia. The European Union is planning to cut Russian natural gas imports. Oliver Bunic/Bloomberg Text size The 27-member Eu...
Binance Suspends Transactions With Russian Mastercard and Visa Cards – Exchanges Bitcoin News
Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to h...
US Senator Elizabeth Warren Drafts New Crypto Legislation Targeting Russian Sanctions Evasion: Report
As tensions between the United States and Russia spread across numerous sectors, Senator Elizabeth Warren is looking to crack down on potential cryptocurrency loopholes. According to an NBC News repor...
Pimco faces potential losses over exposure to more than $1 billion in Russian debt
PIMCO headquarters in Newport Beach, California Scott Mlyn | CNBC Pimco’s billion-dollar exposure to Russian debt came under pressure as the country, which invaded its neighbor Ukraine causing i...
U.K. Sanctions Roman Abramovich And Six Other Russian Oligarchs, Freezes Assets Including Chelsea F.C.
Topline The U.K. government on Thursday sanctioned Russian billionaire Roman Abramovich, freezing all his assets including the English Premier League soccer club Chelsea, as part of a broader sanction...
Russian Airstrikes Demolish Maternity Hospital And Houses In Mariupol
Topline Airstrikes and shelling destroyed several civilians buildings in Mariupol, including a maternity hospital in the port city on Wednesday, amid increasing warning from the West that Russia’s sta...
Credit Suisse Has $914M Russian Exposure, Calls Its ‘Not Significant’
Credit Suisse, which is the second-largest bank in Switzerland, said that its net loan exposure to Russia at the end of 2021 was at CHF 848m ($914m). Additionally, the lender highlighted that its Russ...
House Passes Russian Oil Ban Building On Biden’s Executive Order After Ukraine Invasion
Topline The House on Wednesday passed a bipartisan bill that would ban Russian energy imports after final passage in the Senate, building on an executive order signed by President Joe Biden Tuesday an...
Adidas doesn’t know when it will resume Russian operations, CEO says
Adidas CEO Kasper Rorsted told CNBC on Wednesday that it’s too soon to know when the company will restart business operations in Russia. “I think this is premature. The war has been going ...
Russian Spokesperson—Contradicting Putin—Admits Conscripts On Frontlines In Latest Communication Blunder
Topline Since its full invasion of Ukraine began last month, the Kremlin has shown rare vulnerability in controlling the narrative regarding its war on Ukraine, experts say, turning to significant inf...
Kraken will donate fees generated from Russian transactions to Ukraine
Kraken has announced it will donate an amount equivalent to total trading fees generated from Russia-based clients during the first half of 2022 to Ukraine. The donation is part of an “aid package” wo...
Is McDonald’s facing a bleak future with closed Russian operations and a rise in wheat prices?
McDonald’s Corporation (NYSE:MCD) announced that it is closing all outlets in Russia in compliance with sanctions against the aggressor. The news is difficult for a company that was already facing the...
Why Russian Sanctions Could Push Corporations Towards Crypto
Fragmentary adoption of crypto for trade with marginal nations is not, to be clear, good news on the whole. Post-9/11 banking restrictions, usually framed as “de-risking,” have already led to many ban...
Crypto Exchange Kraken Will Use Russian Trading Fees For Up To $10 Million In Donations To Ukraine Customers
Jesse Powell, chief executive officer of Kraken Bitcoin Exchange, sits for a photograph at the company’s office in San Francisco, California, U.S., on Friday, Aug. 8, 2014. KPhotographer: David ...
McDonald’s Russian shutdown will cost fast-food chain $50 million a month
A McDonald’s restaurant in St. Petersburg, Russia. Peter Kovalev | TASS | Getty Images McDonald’s expects its Russian shutdown will cost the fast-food giant roughly $50 million a month unt...
Russian, Belarus Economic Sanctions Apply to Crypto: European Commission
The European Commission has said cryptocurrencies are captured by targeted sanctions adopted by the EU in response to the conflict in Ukraine—as well as Belarus’ role in facilitating Russia’s invasion...
Thailand Considers Accepting Crypto From Russian Tourists
Thailand hopes to keep its tourism sector afloat during the ongoing Russia-Ukraine conflict by considering accepting cryptocurrency payments from Russian tourists. Reports indicated that the Phuket To...
Britain impounds private jet with suspected links to Russian oligarch
Aerial photograph of the Norman Foster Hangars at Farnborough Airport, formerly known as the Royal Aircraft Establishment. David Goddard | Getty Images News | Getty Images LONDON — The U.K. said on We...