On Monday , New Zealand’s government stated, it will introduce legislation to allow it slap a first-of-its-kind sanctions against Russia following its invasion of Ukraine. New Zealand’s Prime Minister Jacinda Ardern said, the sanctions will give the country the ability… Read More ›
On Sunday, a spokesperson for Israeli Prime Minister Naftali Bennett said, the Prime Minister has again had talks with Ukrainian President Volodymyr Zelenskiy today marking their third conversation in two days. The spokesperson did not provide any further details. On… Read More ›
According to envoys from France and Britain, indirect negotiations between the United States and Iran on reviving the 2015 Iran nuclear deal are closed being clinched. “We are close. E3 negotiators leaving Vienna briefly to update Ministers on state of… Read More ›
In a statement the European Union said, it has joined members of the Council of the Baltic Sea States (CBSS) in suspending Russia and Belarus from the Council’s activities. “This decision is a part of the European Union’s and like-minded… Read More ›
In a statement the European Union said, it aims to suspend the ‘most-favoured nation’ (MFN) status for Russia at the World Trade Organization over its invasion of Ukraine. If it does that the EU will be able to hike tariffs… Read More ›
Following the Russian invasion of Ukraine, Moldovan President Maia Sandu has formally applied for her country to join the European Union charting a pro-Western course for the country that was formerly in the Soviet Union. Sandu’s request for joining the… Read More ›
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 ›
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