City Moscow Financial News

22.03 / 11:53

European Union Jail Alexei Navalny: Putin critic could get up to 13 years in jail for fraud conviction

Kremlin critic Alexei Navalny was found guilty of fraud on Tuesday in a case that could earn him up to 13 years in prison.

21.03 / 20:55

UPS Support EU Support Grows for Russia Oil Ban for Ukraine War

Support for a European Union-wide ban on the purchase of Russian oil is growing inside the bloc, according to diplomats involved in the discussion, representing a significant shift in the continent’s stance toward how to ratchet up economic pressure on Moscow.

21.03 / 17:09

Kyiv Ukraine war: Mariupol, like Aleppo or Coventry, 'will be completely destroyed'

The last European Union diplomat to be evacuated from Mariupol says civilians there are being hit "blindly and indiscriminately".

21.03 / 15:43

European Union Food Kyiv Brussels mulls Russian oil embargo in new sanctions round

The European Union is mulling imposing an embargo on Russian oil and coal — but not gas — as part of its next round of sanctions but the impact on Moscow may be limited.

21.03 / 14:19

Russia’s Push for Self-Sufficient Economy Fails Before Western Sanctions

Russia spent years trying to wean itself off imported goods to fortify its economy against Western sanctions.

20.03 / 20:21

NATO Anniversary Mariupol: Ukraine officials accuse Russia of school shelter airstrike and forced deportations

Authorities in the besieged Ukrainian port of Mariupol made further claims of Russian atrocities on Sunday, as fighting reportedly continued inside the city where thousands of people remain trapped.

19.03 / 15:01

Technology Military Russia's new Ukraine weapon: What is a hypersonic missile?

The Russian army said on Saturday that it fired hypersonic missiles in Ukraine, the first known use of the new weapon system in a combat environment.

19.03 / 11:43

Technology Ukraine war: Zelenskyy warns Russia could take 'generations' to recover from losses

Ukrainian President Volodymyr Zelenskyy has called for comprehensive peace talks with Moscow to stop its invasion of his homeland, without delay. In a late night video message, he said if the war continued, Russia would take generations to recover from its losses.

19.03 / 09:39

cryptocurrency Reuters Digital cryptocurrency news Head Of Crypto Firm Slams Crypto Exchanges' Rejection to Cut-Off Russian Ties: Report

Crypto firm FTX founder slams crypto industry messaging on Russia sanctions

19.03 / 09:39

cryptocurrency Reuters Digital Illicit Finance Moderate Uptick In Cryptocurrency-Led Illicit Finance, But Volume Small: Report

US officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the transaction volume is too small to play a big role in helping Moscow evade sweeping sanctions, a senior Treasury official said on Friday.

18.03 / 20:23

cryptocurrency Illicit Finance US Treasury official sees modest uptick in crypto illicit finance, but transactions small

U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the transaction volume is too small to play a big role in helping Moscow evade sweeping sanctions, a senior Treasury official said on Friday.

18.03 / 18:19

Blockchain Russian, Chinese Central Banks ‘Working Together On SWIFT-Alternative Interoperability’

A senior Russian parliamentarian has claimed that the Central Bank is working with the People’s Bank of China on workarounds that may help the countries bypass the SWIFT banking network – including domestic alternatives, blockchain solutions, and digital fiats.

18.03 / 17:59

NOT Why is Bosnia not joining rest of Europe in sanctions against Russia?

Bosnia remains one of the few European countries not to have introduced any sanctions against Russia after its invasion of Ukraine.

18.03 / 14:45

JPMorgan Citigroup Moscow bankers worry they’re stuck as Wall Street unwinds in Russia

Western banks in Russia are pulling the plug.

18.03 / 11:45

cryptocurrency Digital LSE cryptocurrency news Crypto Exchanges Risk Long-Term Damage For Remaining In Russia: Report

Crypto exchanges face 'fork in the road' over Russia, LSE Group chief says

18.03 / 09:19

cryptocurrency Ukraine war live: Fighting continues, as rescuers try to reach Mariupol survivors

Friday is the 23rd day of war in Ukraine, after the invasion launched by Moscow at the end of February.

17.03 / 16:37

cryptocurrency What is life like for Westerners in Russia amid the war in Ukraine?

A month ago, Mark*, a British teacher in Moscow, was making holiday plans with his expatriate friends.

17.03 / 15:05

cryptocurrency Social Media sanctions Which tech companies are cutting ties with Russia over its war in Ukraine?

From social media giants to chipmakers and video game publishers, a growing number of tech companies are halting business with Russia in response to its invasion of Ukraine.

17.03 / 13:23

Reuters VISA MasterCard LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks

The head of the London Stock Exchange Group said that cryptocurrency exchanges engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow’s invasion of Ukraine.

17.03 / 10:35

Refugees President Zelenskyy: 'My heart breaks' after Mariupol theatre bombing

Ukrainian President Volodymyr Zelenskyy says "my heart breaks from what Russia is doing to our people" after Russian forces destroyed a theatre in the besieged southern city of Mariupol.

17.03 / 10:35

Refugees International International Court of Justice orders Russia to cease hostilities in Ukraine

The United Nations' highest court on Wednesday ordered Russia to stop hostilities in Ukraine.

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