As per three sources familiar with the matter at hand, regulators at the European Union have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, in order to ensure that they are not used… Read More ›
As per a news report from Russian agencies, China has refused to supply aircraft spare parts to Russian airlines after Boeing and Airbus halted supply of components to Russia. The Russian aviation sector is being squeezed by Western sanctions following the invasion… Read More ›
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 ›
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 ›
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 ›
On Wednesday, the Russian rouble weakened further and slipped past 100 to the dollar, heading to record lows. Stock market in Russia continue to be closed. The Russian economy has come under the full weight of Western sanctions following the… Read More ›
With Western countries tightening the noose on Russia over its invasion of Ukraine, Moscow’s allies in the emerging markets have begun exploring channels for trade and finance. Members of the erstwhile BRICs group, Brazil, India and China, are treading cautiously… 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 ›
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