City Moscow Financial News
09.03 / 18:03
UPS
exit
Pressure grows on law firms to exit Russia and give up ‘money tainted by blood’
Pressure continues to build on international law firms to exit Moscow and cut ties with Russian clients following Vladimir Putin’s invasion of Ukraine.
09.03 / 15:59
exit
Pressure grows on legal sector to exit Moscow: ‘Not every law firm employee wants to buy family groceries with money tainted by blood’
Pressure continues to build on international law firms to exit Moscow and cut ties with Russian clients following Vladimir Putin’s invasion of Ukraine.
09.03 / 14:53
cryptocurrency
approved
Russian Banks Eye CNY Solution as Central Bank Bars Forex Sales; New Sanctions Approved
The Russian ruble has been thrown into disarray as the nation attempts to battle economic sanctions by effectively suspending the sale of most foreign currencies – while exploring the notion of allowing citizens to purchase China’s fiat yuan.
09.03 / 13:21
Technology
Friend
'See what your friend Putin has done': Salvini mocked in Poland
Italy's former hardline interior minister Matteo Salvini has been called out for his previous support of Russian President Vladimir Putin.
09.03 / 10:01
Technology
Women
McDonalds
'The right thing to do': McDonald's closes all restaurants in Russia
McDonald’s said it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine.
08.03 / 18:07
UPS
reports
Biden will ban Russian oil imports, say reports
President Joe Biden has decided to ban Russian oil imports, reports said 8 March, as he seeks to ratchet up pressure on Moscow in retaliation for its invasion of Ukraine.
08.03 / 17:53
cryptocurrency
Social Media
sanctions
Which tech companies are cutting ties with Russia over its war in Ukraine?
From telecom equipment makers to social media giants and video game publishers, a growing number of tech companies are halting business with Russia in response to its invasion of Ukraine.
08.03 / 15:01
Blockchain
Waves
Binance
'Russian Ethereum', Waves, Almost Triples Since Ukraine War Began
The WAVES token, issued by the protocol with ties in Russia, is close to a 3x price gain in a matter of just two weeks after it rallied right after Russia invaded Ukraine.
08.03 / 08:57
Technology
European Union
EU is seeking alternatives to break free from Russian fossil fuels amid soaring prices
Brussels will unveil new plans on Tuesday to ditch Russian fossil fuels to achieve greater energy independence following Moscow's invasion of Ukraine.
08.03 / 05:13
cryptocurrency
World News
Joe Biden to order studies on regulating, issuing cryptocurrency: Source
U.S. President Joe Biden is expected to sign a long-awaited executive order this week directing the Justice Department, Treasury and other agencies to study the legal and economic ramifications of creating a U.S. central bank digital currency, a source familiar with the matter said on Monday.
08.03 / 02:47
NASDAQ
DOW
Action
2020
500
Stock futures dip after the S&P 500's worst day since October 2020 amid Russia-Ukraine war
Stock futures fell slightly in overnight trading Monday following the S&P 500's worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia's invasion of Ukraine.
07.03 / 14:37
COST
Biden Caught Between Inflation and Calls to Ban Russian Oil
President Biden is caught between conflicting demands that he tame rising consumer prices while banning Russian oil imports to punish Moscow for invading Ukraine, a sanction that would threaten even more inflation and raise pressure on allies with more dependence on oil imports.
07.03 / 12:29
Protest
Kyiv
Ivan Kuliak: Russian gymnast wears Z to back invasion as he appears alongside Ukrainian Kovtun Illia
A Russian gymnast has been slammed after displaying a symbol of support for Moscow's invasion of Ukraine.
07.03 / 07:59
Align
Fitch
Moodys
MSCI
Stephen Roach says Russian default would hit emerging markets — and China
Economist Stephen Roach warned effects from any default on Russia's sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China.
06.03 / 03:23
Linklaters pulls out of Russia over Ukraine war
Linklaters is pulling out of Russia and closing down its Moscow office over the Ukraine war, making it the first major western law firm to confirm it is exiting the country.
05.03 / 18:25
04.03 / 23:17
Linklaters pulls out of Russia over Ukraine war
Linklaters is pulling out of Russia and closing down its Moscow office over the Ukraine war, making it the first major western law firm to confirm it is exiting the country.
04.03 / 22:09
03.03 / 21:45
European Union
week
Moldova asks to join the European Union - a week after Russia invades Ukraine
Moldova has formally asked to join the European Union, a week after Russia invaded Ukraine.
03.03 / 17:11
cryptocurrency
Central Bank
Bitcoin
Lawyer
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation.
03.03 / 16:53
BLOCK
SEC
exit
SEC holds talks with fund managers facing Russia exit troubles
Russia’s invasion of Ukraine has created a conundrum for US investment firms, pressuring them to unload Russian securities when the country’s stock market is closed and foreigners are blocked from selling shares there.
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