The Russian central bank has ordered professional stock market participants to suspend the execution of all orders by foreign legal entities and individuals to sell Russian securities from Monday morning. The order was published by ACI Russia, the national organisation… Read More ›
Russia
Switzerland to decide today on joining EU sanctions against Russia
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 ›
Britain introduces bill aimed at crackdown on dirty money
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 ›
Ukraine should join the EU: European Commission President Ursula von der Leyen
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 ›
Europe, Canada close airspace to Russian jets, US has yet to decide
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 ›
Preparing to comply with sanctions on Russia : SWIFT
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 ›
Fallout of Russian invasion of Ukraine spreads to global aviation industry
The fallout of Russia’s invasion of Ukraine has spread to the global aviation industry with two more European countries banning Russian carriers and the European Union saying it would restrict the exports of aircraft parts. Virgin Atlantic and British Airways… Read More ›
Limited impact from Russia Ukraine war on chip supply chain
On Saturday, in a statement the government of Taiwan said, it expects little impact on the supply of raw materials for semiconductors from the war in Ukraine. Following a meeting of the cabinet, Vice Premier Shen Jong-chin, said there would… Read More ›
Russia threatens to seize assets of foreign companies and foreign individuals in Russia
On Saturday, Russian news agency RIA quoted Dmitry Medvedev, deputy head of the security council, as saying Moscow will respond to the seizure of funds owned by Russian companies and citizens abroad by seizing funds of foreigners and foreign companies… Read More ›
Britain unveils largest ever sanctions on Russia
British Prime Minister Boris Johnson has unveiled the country’s biggest-ever package of sanctions against Russia targeting banks, members of President Vladimir Putin’s closest circle and wealthy Russian Oligarchs. Many western nations are imposing tough economic sanctions against Russia in response… Read More ›