Topline Despite a solid February jobs report, the stock market fell once again Friday—with the Dow posting its fourth straight week of losses—as surging oil prices neared $120 per barrel amid the esca...
Tag: Russias
Russia’s invasion is driving up air cargo costs
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images The cost of transporting goods by air has surged since Russia’s inva...
Shell Buys Russia’s Flagship Urals Oil at a Record Discount
(Bloomberg) — Shell Plc, Europe’s largest oil company, bought a cargo of Russia’s flagship crude at a record discount, underscoring the company’s decision to keep buying supplies from the countr...
JPMorgan: Russia’s economy faces 1998-like collapse
JPMorgan said in a note Friday that Russia’s invasion of Ukraine is already having far-reaching repercussions to the country’s economy. Economists are forecasting a slowdown in the gross domestic prod...
Gas Prices Suddenly Spike To 10-Year High After Russia’s Nuclear Plant Attack—Experts Warn Surge Will Only Get Worse
Topline The average price Americans are paying at the pump jumped to its highest level in nearly a decade Friday as Russia’s invasion of Ukraine fuels a rapid surge in oil prices, and analysts a...
Russia’s Biggest Tech Giant Yandex Warns of Default – Trustnodes
Russia’s Google, Yandex, has warned it might have to default following the suspension of shares trading on February 25th, a day after Russia invaded Ukraine. The Moscow Stock Exchange has still not op...
Retailers warn of business impact from Russia’s invasion
Employees put wooden shields on the window of Louis Vuitton shop in Kyiv on February 24, 2022 as Russia’s ground forces invaded Ukraine from several directions today, encircling the country with...
Wheat Prices Surge Amid Russia’s Invasion Of Ukraine—Here’s What That Means For U.S. Food Costs
Topline Wheat prices continued to skyrocket this week—hitting their highest level in 14 years on Thursday—as experts warn the escalating conflict between major exporters Russia and Ukraine could lead ...
Airline software giant ends service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated its a...
Avalanche (AVAX) Price Prediction: AVAX Aims for $100 as Russia’s Ukraine Invasion Clouds Central Banks Aggressive Rate Hike Bets
Avalanche (AVAX) price edges lower on Wednesday amid global risk aversion. There are many factors playing in the market ranging from the U.S Federal Reserve and some of its major central banking peers...
Rate Hikes Are Coming In March Despite ‘Uncertain’ Impact From Russia’s Invasion Of Ukraine, Powell Says
Topline Federal Reserve Chairman Jerome Powell confirmed in testimony before Congress on Wednesday that the central bank would begin raising interest rates in two weeks amid growing urgency to combat ...
Russia’s oligarch elite speak out against Putin’s invasion of Ukraine
Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images As Europe and the U.S. ratchet up ...
Hacker Group Anonymous Vows to Disrupt Russia’s Internet — RT Websites Become ‘Subject of Massive DDoS Attacks’ – Bitcoin News
The international hacktivist collective known as Anonymous has vowed to attack Russian government websites over the recent Ukraine invasion. So far Anonymous says that it hacked the Russian Ministry o...
sanctions should include Russia’s energy sector
The iShares MSCI Russia ETF (ERUS) is down another 10% on Tuesday after payments giants Mastercard and Visa barred a list of Russian financial institutions from their networks. The announcement compli...
Ruble trading pair volumes surge on Binance after Russia’s invasion of Ukraine
With Russia becoming increasingly closed off to the financial world following its invasion of Ukraine, it appears Russian investors are becoming increasingly active in the cryptocurrency market. Since...
The U.S. Moves To Block Russia’s Crypto Access As Sanctions Intensify ⋆ ZyCrypto
Advertisement     Recent reports reveal the US government is currently in talks with some of the biggest US-based crypto companies on ways to restrict Russia’s access ...
Jim Cramer says Russia’s invasion of Ukraine could put more pressure on Fed to raise interest rates
The Federal Reserve faces more pressure to increase interest rates as Russia’s invasion of Ukraine hinders a market already hit hard by inflation, CNBC’s Jim Cramer said Monday. “The...
Bitcoin Overtakes Russia’s ‘Collapsing’ Ruble After Sudden Price Surge
Bitcoin has overtaken Russia’s ruble in terms of total value as the bitcoin price surges just as the ruble goes into freefall. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor...
Economic Fallout From Russia’s Invasion Will Be ‘Modest’—But Inflation Will Surge Higher, This Expert Predicts
Topline While Russia’s invasion of Ukraine is taking a “massive” human toll, the global economic fallout is likely to remain “modest,” according to a recent note from Moody’s Analytics chief economist...
Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell sa...
Bitcoin hits $41k as Russia’s war in Ukraine continues
As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously...
Bitcoin Trading Against the Ruble Surges as Russia’s Currency Crashes
Ruble/Bitcoin trading volume has surged to nine-month highs as the Russian currency collapsed against the dollar in the wake of Russia’s invasion of Ukraine. According to data by blockchain analytics...
America Seizes All Assets in US and USD of Russia’s Central Bank – Trustnodes
In an unprecedented move, the United States has just announced it is making inaccessible all assets of the Russian Central Bank in US, including gold and anything else, as well as any asset held by US...
Russia’s central bank hikes interest rates to 20% amid tough sanctions
Russia’s central bank has raised the country’s key interest rate to 20%, more than doubling it up from 9.5% as the reality of tough sanctions appears to hit home. According to a statement from the cen...
BP pays charge of $11B to offload 20% stake in Russia’s Rosneft
BP will offload its stake in Rosneft of just under 20% under pressure from the government, world media wrote. They have had a stake in the Russian state-owned oil giant for almost a decade. Rosneft ac...
Oil jumps as traders fear disruption in Russia’s energy industry
An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Get...
Protests in Canada and Russia’s Invasion of Ukraine
For This Week [In] Crypto, we bring you the latest news from Feb. 21-27, including the protests in Canada and Russia’s invasion of Ukraine. Don’t forget to subscribe to our newsletter and get Be[In]Cr...
BP to Exit 20% Stake in Russia’s Rosneft
Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
Biden Administration Looks to Target Russia’s Crypto Exchanges
On Friday, the Biden administration announced that it would likely go after Russian crypto exchanges in the wake of Ukraine’s invasion as part of its latest efforts to impose additional sanctions agai...