According to a document of the European Central Bank, the ECB is prepared to organise a programme allowing millions of Ukrainian immigrants to exchange their hryvnia money for euros if the EU provides the bank with a guarantee that would… Read More ›
In response to Russia’s invasion of Ukraine, Japan’s Ministry of Finance (MOF) announced on Tuesday that it will prohibit the shipping of precious metals, particularly gold, to Russia starting in April. The restriction on Russia-bound precious metals by Japan underscores… Read More ›
In a significant development, Barclays is facing an estimated $592 million (450 million pound) loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some of which have surged in popularity following the Russian invasion of… Read More ›
In a statement Germany’s German economy and climate protection minister Robert Habeck said, energy ministers from the Group of Seven industrialized countries have rejected demands by Russian President Vladimir Putin to pay for Russian gas in Rubles. “All G7 ministers… Read More ›
According to numerous property companies, wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial sanctuary in the aftermath of Moscow’s invasion of Ukraine and Western sanctions. “We sell seven to eight… Read More ›
Since March, when Russia’s invasion of Ukraine began, there has been a “substantial increase” in Russian oil deliveries to India, according to industry observers, and New Delhi seems prepared to acquire much more cheap oil from Moscow. According to them,… Read More ›
Late on Sunday, Russian energy giant Gazprom said, supply of liquid natural gas to Europe via Ukraine in line with requests from European consumers is continuing. LNG requests stood at 109.6 million cubic metres (mcm) for March 27, slightly up from… Read More ›
In a significant development, the British police have arrested 7 people following a series of hacks by the Lapsus$ hacking group which targeted companies including Microsoft Corp and Okta Inc. The authentication services of San Francisco-based Okta Inc are used by… Read More ›
According to data revealed recently, Russians have hurried to stock up on antidepressants, sleeping pills, and contraceptives, among other things, since the conflict in Ukraine began, with many purchasing a month’s worth of medicine in just two weeks. Although official… Read More ›
An industry association warned on Friday that Russia is looking to China, India, Iran, and Turkey to fill the void left by the exit of western retail corporations, as Moscow struggles to find methods to counteract its growing isolation in… Read More ›
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