The damaged shares of Van Eck’s Russia ETF have experienced a surge of trading activity as investors seek techniques to benefit from market wild swings induced by the Ukraine conflict, evoking comparisons to last year’s so-called meme stock frenzy. Since… Read More ›
Fitch and Moody’s reduced Russia’s sovereign ratings to “junk” level, a six-notch fall, citing Western sanctions that have questioned the country’s ability to service debt and weakened the economy. Russia’s financial institutions have been thrown into disorder as a result… Read More ›
Analysts from JPMorgan have warned, Western sanctions on Russia have significantly increased the likelihood of Moscow defaulting on its dollar- and other international market government debt. Russia has more than $700 million in government bond repayments scheduled for this month…. Read More ›
Executives of Citigroup Inc have warned, the bank faces billions of dollars in losses from its Russian business even as it continues to help some of its 200 staff in Ukraine to leave the country. Towards the end of last year,… Read More ›
In a statement the head of Russia’s space agency said, Moscow will treat any hacking of its satellite systems as a casus belli and a justification for war. Dmitry Rogozin, the head of Roscosmos has denied media reports that Russian… Read More ›
In a statement French Finance Minister Bruno le Maire said, the European Union aims to find ways to ensure that Russia does not use crypto currencies to circumvent EU sanctions. The European Union has fired three salvos of economic sanctions… Read More ›
In a statement the head of the International Atomic Energy Agency (IAEA) said it is slated to visit Tehran on Saturday. The development suggests that this could potentially help pave the way for a revival of Iran’s 2015 nuclear agreement…. Read More ›
manageria.biz 