In a statement Swiss President Ignazio Cassis said, it was “very probable” that Switzerland would follow the European Union (EU) on Monday in sanctioning Russia and freezing Russian assets in the country. In an interview to RTS, Cassis said the… Read More ›
On Monday, Britain introduced a bill in parliament with the aim of intensify a crackdown on what British Prime Minister Boris Johnson termed as “dirty money”. The bill, introduced in response to Russia’s invasion of Ukraine, comes after many lawmakers,… Read More ›
In a statement the Chief Executive of the European Union expressed unequivocal support for Ukraine becoming a member of the bloc. European Commission President Ursula von der Leyen called Ukraine as being “one of us.” She made the comments to… Read More ›
Canada and European nations moved to close their airspaces to Russian aircraft, in an unprecedented step aimed at applying pressuring on Russian President Vladimir Putin to end the invasion of Ukraine. Following the move, in a statement Russian airlines Aeroflot… Read More ›
Taiwanese companies that manufacture semiconductor chips are keeping up with the export controls imposed by the government to Russia. According to the Economy Ministry of Taiwan on Sunday, these controls were put in place as a part of Taiwan’s sanctions… Read More ›
Following an EU’s announcement that most European nations will implement flight bans, Russian airlines face a near-total airspace blockade to the country’s west. On Sunday, a formal decision on the measure is likely. European countries, one by one, announced that… Read More ›
Airlines are now trying to assess the future and fate of air travel in Europe given the crisis in Ukraine. This crisis is hardly what airlines wanted as it comes as another stumbling block for the European airline industry wihch is… Read More ›
China has eased limits on Russian wheat imports, potentially alleviating food security worries in the world’s second largest economy while also reducing the impact of Western sanctions on Russia. The decision to allow wheat imports from all areas of Russia… Read More ›
In a statement the SWIFT international payments system said, it was preparing to implement new sanction measures by Western countries targeting select Russian banks in coming days. “We are engaging with European authorities to understand the details of the entities… Read More ›
The founders of cryptocurrency exchange BitMEX pled guilty to violating the Bank Secrecy Act by failing to develop an anti-money laundering programme, according to the United States Attorney’s Office in Manhattan. According to the U.S. Attorney’s office, Arthur Hayes and… Read More ›
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