Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes ...
Tag: Russias
Russia’s Chamber of Commerce advocates for crypto use in cross border payments
An executive from the Russian Chamber of Commerce and Industry has called upon the government to settle cross-border payments using cryptocurrencies and central bank digital currencies (CBDCs). Russia...
Air Cover Might Have Saved Russia’s Cruiser ‘Moskva’
‘Slava’ in 1982. Photo via Wikimedia Commons Early Wednesday morning, the Russian navy cruiser Moskva exploded around 60 miles off the Ukrainian coast near Odessa. The 612-foot, Slava-clas...
Britain, Australia Join Pentagon To Monitor Russia’s Possible Use Of Chemical Weapons In Ukraine
Topline Officials in Washington and London are investigating the possible use of chemical weapons by the Russian military in the besieged Ukrainian city of Mariupol on Monday, after Ukrainian forces i...
Russia’s Central Bank Slashes Benchmark Rate
European Union (EU) leaders formally agreed to ban coal Ruble Rebounds to Pre-War Levels Benchmark rates slashed from 20% – 17% In the midst of the Ukraine-Russia struggle, the Russian ruble has figu...
Russia’s First Default in a Century Looks All But Inevitable Now
(Bloomberg) — Most Read from Bloomberg Russia’s first external default in a century now looks all but inevitable after another brutal week for the country’s finances. First, the Treasury halted ...
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels – Economics Bitcoin News
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to prot...
EU Blacklists Crypto Wallets In A Bid To Limit Russia’s Crypto Use
The European Union (EU) in support of Ukraine is moving to impose even greater sanctions on Russia. In a new tranche of sanctions, the body has stated that it is targeting deposits made to crypto wall...
No data backs Russia’s PM statement of “10 trillion rubles spent on crypto”
Russian prime minister Mikhail Mishustin has said that Russians have spent close to 10 trillion rubles ($130 billion) on cryptocurrency. He made this statement while speaking on government TV and Mos...
Mocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring Back
(Bloomberg) — In the days after the Ukraine war began, the ruble’s collapse was a potent symbol of Russia’s newfound financial isolation. Most Read from Bloomberg International sanctions on Vlad...
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’ – Bitcoin News
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched s...
Russia’s Creditors May Have To Choose Between Getting Paid In Rubles Or Not Getting Paid At All
The Kremlin says it’s prepared to make debt payments in rubles, with the U.S. Treasury blocking access to its dollars. Getty Russia’s creditors face the unappetizing prospect of accepting debt p...
The $120 Billion Global Grain Trade Is Being Redrawn by Russia’s War in Ukraine
(Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. Most Read from Bloomberg ...
Russia’s second biggest bank VTB set for UK collapse
VTB Capital Russia sanctions UK court Ukraine bank – Paul Grover The UK arm of Russia’s second biggest bank VTB is reportedly set to file for administration, becoming the latest victim of wester...
US sanctions Russia’s largest darknet market and crypto exchange Garantex
The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency exchange Garantex. In a Tuesday anno...
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s Dimon
Topline Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual letter to s...
Russia’s $1.45 Billion Bond Buyback Has Investors Eyeing Monday
(Bloomberg) — Russia bought back the bulk of a soon-to-mature $2 billion bond using rubles, leaving the nation with far fewer dollars to repay its holders on April 4. Most Read from Bloomberg Th...
Why Russia’s invasion of Ukraine could spark a NATO spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its ...
Zelensky And Ukrainian Politicians Wary Of Russia’s Withdrawal Claims And Peace Talks
Topline President Volodymyr Zelensky and other Ukrainian officials on Wednesday continued to doubt Russia’s promise to withdraw troops near the capital of Kyiv in pursuit of peace, as some Ukrainian m...
Why Russia’s invasion of Ukraine could spark a NATO defense spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on mili...
More Than 4 Million Refugees Have Fled Ukraine Since Russia’s Invasion
Topline More than 4 million refugees have fled Ukraine since Russia launched its invasion five weeks ago, the UN’s refugee agency said, a growing figure that makes up nearly 10% of Ukraine’s pre-war p...
Wheat price rebounds amid skepticism over Russia’s claims
Wheat price is hovering around the crucial zone of $10.00 per bushel after dropping below it in the previous session. Investors are keen on the progress of the Russia-Ukraine talks. wheat price Fundam...
Ukraine And U.S. Doubt Russia’s Promise To Withdraw From Kyiv
Topline Russia’s claim that it will “fundamentally cut back military activity” near the Ukrainian capital of Kyiv in pursuit of peace is probably a tactic to “mislead the military leadership of Ukrain...
Debt Crisis Grips Russia’s Most-Loyal Ally as Dollar Bonds Dive
(Bloomberg) — With all the focus on the risk of default by Russia, an even more spectacular collapse has gone largely unnoticed right next door: There’s a bond crisis brewing in Belarus, which h...
Bitcoin Whale Addresses Hit Record High Since Russia’s Invasion Of Ukraine
Advertisement     Bitcoin was the first cryptocurrency initiated back in 2009. Since then, thousands of other coins have been launched, some more successful than other...
Bitcoin Has Risen 35% Since Russia’s Invasion of Ukraine
After Russian President Vladimir Putin declared war on Ukraine on Feb. 24, 2022, a rapid sell-off occurred in the crypto market, resulting in over $500M in losses, followed by an uptrend in price. Geo...
Russia’s Deputy Minister of Energy Calls for Crypto Mining Regulations
With holdings of nearly 10% of global crypto assets, Russian investors are among the biggest holders of digital currencies. The country is also a prominent destination for crypto miners around the wor...
Russia’s Energy Minister Calls For Legalization Of Crypto Mining
Regulatory uncertainty over crypto mining in Russia needs to be resolved as soon as possible, a Russian energy minister said recently. Deputy Minister of Energy Evgeny Grabchak called on the governmen...