Eu Financial News

25.02 / 19:39

foreign EU to Hit Putin, Russian Foreign Minister With Sanctions

The European Union plans to hit Russian President Vladimir Putin and Foreign Minister Sergei Lavrov with sanctions, three EU officials and diplomats said, as the bloc readies a second package of sanctions on Russia over its attack on Ukraine.

25.02 / 16:29

Citi Shell Russia-Ukraine conflict: Where next for investors?

Tensions between Russia and Ukraine look to have escalated to a full-blown military conflict. As shelling rocked major cities in the early hours of the morning, major governments are warning that President Vladimir Putin had clear plans to capture the capital, Kyiv.

25.02 / 12:49

UPS FIVE Cooper China's trade with Russia won't be enough to offset sanctions, U.S. says

BEIJING — China's trade with Russia isn't enough to offset the impact of U.S. and European sanctions on Moscow, according to the White House.

25.02 / 12:29

Trump Western Allies Claim their Targetted Russian Sanctions Trump a SWIFT Ban as Russian Occupiers Near Kyiv

The EU claimed it has created a “package of sanctions” that will be “massive and painful” for Russia. It stated that the new sanctions would remove some 70% of Russia’s banking capabilities – but Europe appears utterly divided as to whether it should block banks from an international banking protocol.

25.02 / 08:39

Kyiv Live: Kyiv under 'horrific' fire as day two of Russian invasion dawns

Kyiv was under "horrific" fire on Friday as Russian troops edged closer to the Ukrainian capital on their second day of an invasion described as a "brutal act of war" by the West.

24.02 / 20:03

markets Bitcoin Bitcoin Price bitcoin rises Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M

Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia's Ukraine invasion and its aftermath still top on markets' agenda.

24.02 / 19:47

Russia’s war in Ukraine: What we know so far

Vladimir Putin said that Russia invaded Ukraine to protect the breakaway regions in the east of the country but Thursday’s military assault also came from the north and the south.

24.02 / 18:19

Fighting global economy Russian Invasion Scrambles Prospects for Global Economy

Russia’s invasion of Ukraine heaped fresh risks on a global economy struggling with soaring inflation, supply-chain snarls and a rocky recovery from the pandemic.

24.02 / 16:55

economics European Commission EU Unlikely to Push for Russia to Be Removed from SWIFT - Diplomats

Despite Russia launching a full-scale invasion of Ukraine, the war’s outbreak has not yet convinced the European Union to push for the aggressor to be kicked out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payments network -- a move that would drastically undermine Russian trade with foreign partners.

24.02 / 16:04

Climate change Russia's Ukraine invasion 'cold-blooded' and 'long-planned': NATO chief

Russia’s invasion of Ukraine was “deliberate, cold-blooded and long-planned”, NATO’s secretary-general said on Thursday, accusing Russian President Vladimir Putin of “using force to re-write history.”

24.02 / 15:08

cryptocurrency economics Bitcoin With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies

As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming decisions.

24.02 / 14:15

Action U.S., Allies Poised to Hit Russia With Broad Sanctions for Ukraine Invasion

The U.S. and its allies are poised to unveil further, sweeping sanctions against Russia after Moscow launched what President Biden called “an unprovoked and unjustified attack” on Ukraine, hoping a fresh tranche of penalties will punish Russia and persuade it to ratchet down hostilities.

24.02 / 13:09

markets Ethereum cryptocurrency Bitcoin Bitcoin and other cryptocurrencies plummet after Russia invades Ukraine

Bitcoin slumped to a one-month low on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets.

24.02 / 11:41

business Culture Von der Leyen condemns 'barbaric' invasion of Ukraine, vows to cripple Russia's economy

The European Union will impose a "massive and targeted" raft of sanctions on Russia that will block access to "key technologies" and cripple the country's ability to finance the Ukraine invasion, European Commission President Ursula von der Leyen has said.

24.02 / 11:09

markets Bitcoin Bitcoin Price Ruble Time Low Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine 'military operation'

Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over.

24.02 / 10:23

business United Nations 'It's too late': Russian move roils UN meeting on Ukraine

An emergency UN Security Council meeting that was meant as an effort to de-escalate the situation became moot as it was delivered.

24.02 / 01:05

regulation Europe European Union AML 2024 EU members reportedly plan for AML watchdog to oversee crypto firms by 2024

The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.

23.02 / 23:31

Culture Military Ukraine crisis: Russia 'nearly 100% ready' for invasion, says Pentagon official

A senior US defence official in Washington said the Russian forces arrayed along Ukraine’s borders are “as ready as they can be” for an invasion, with about 80% in what the US considers "forward positions, ready to go” within 5 kilometres to 50 kilometres of the border.

23.02 / 21:55

European Union Culture Commanders, ministers and bank chiefs: The EU goes after Putin’s closest circle

The European Union is hitting Vladimir Putin’s closest circle in a new round of sanctions that come barely 48 hours after the Russian president recognised the breakaway provinces of Donbas, in eastern Ukraine, as independent territories, triggering international condemnation and fears of an imminent invasion.

23.02 / 21:37

European Union Culture Kyiv Ukraine to impose state of emergency amid Russia tensions

Ukraine is set to declare a nationwide state of emergency that would allow for transport and individual checks to be imposed amid escalating tensions with Russia.

23.02 / 19:08

Clash Over Ukraine Drives a Dagger Into Globalization

It began as a trade dispute over chocolates.