Russia Financial News

30.09 / 09:59

Oder river: Mass fish die-off in Germany-Poland river is blamed on toxic golden algae

The mass die-off of thousands of fish, which sparked a political row between Poland and Germany, has been blamed on toxic algae.

30.09 / 07:46

Bitfinex Bitcoin Price record high Bitcoin-sterling volumes spike to record high as British currency flounders

Kaiko Research, in what analysts said was likely a rush by investors to dump their sterling for the digital asset or profit from arbitrage. The pound fell to a record low against the dollar on Monday, having plunged the previous Friday after the UK government announced unfunded tax cuts. The volume of transactions in the bitcoin-sterling trading pair across eight major exchanges globally spiked to a record high of 846 million pounds ($920 million) on Monday, according to Kaiko Research, compared with an average of around 54.1 million pounds a day so far in 2022. The surge was likely due to traders swapping sterling for bitcoin, said James Butterfill, head of research at crypto firm CoinShares.

29.09 / 23:05

Waves Germany to Cap Energy Prices as Industry Is Pushed to the Brink

FRANKFURT—Germany on Thursday unveiled a wide-ranging price cap on energy in response to growing concerns among German businesses that a wave of insolvencies could wash over the country and disrupt the supply chains serving Germany’s largest industrial sectors.

29.09 / 21:35

'Shocked and confused': Denmark's queen strips royal titles from grandchildren

The Queen of Denmark has stripped some royal titles from four of her grandchildren, in a move criticised by her youngest son.

29.09 / 16:35

Ethereum BNB avalanche Bitcoin Crypto Price Today: Bitcoin regains $19K; BNB, Ethereum, Solana gain up to 5%

Russia escalated its unprovoked invasion of Ukraine and the prospects of a severe global recession increased exponentially, and Bitcoin, the largest cryptocurrency by market capitalization, was trading above $19,000. Barring the US dollar-pegged USD Coin, all top crypto tokens were trading sharply higher on Thursday. BNB zoomed more than 5 per cent, whereas Bitcoin, Solana and Ethereum rallied 4 per cent each. XRP and Polygon were 3 per cent up. The global cryptocurrency market cap was trading significantly higher at $941.75 billion, jumping as much as 3 per cent in the last 24 hours. However, the total trading volume tumbled over 12 per cent, close to $82.32 billion.

29.09 / 16:15

European Union Leak Ukraine war: Putin to annex Ukrainian regions; new Nord Stream leak; and 'Alternative Nobel'

The Russian-installed leaders of the four regions of southeastern Ukraine have visited Moscow to finalise plans for annexation.

29.09 / 16:15

European Union Finland shuts border to Russian tourists after spike in arrivals following Putin's reservist call-up

Finland says it will ban Russian citizens travelling with tourist visas from entering the Nordic country, effective from Friday.

29.09 / 15:31

Stablecoin Tether Usd Coin Bitcoin Cross-border Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions.

29.09 / 13:39

Government Bitcoin Kazakhstan ready to legalize crypto as Russians flock to the country

Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28.

29.09 / 13:29

LGBT gay rights NOT 'You are not welcome': Border protest calls for Georgia to stop influx of Russians

Protesters at the Georgia-Russia border are calling on Tbilisi to stop the influx of Russians.

29.09 / 11:03

Citi Digital Yuan settlement Cross-border China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

China has been testing its digital currency in major cities.

29.09 / 09:39

Climate change Pipelines Leak Nord Stream leak: Russia and West trade blame over alleged sabotage of undersea gas pipelines

Russia and the West have traded blame over alleged sabotage that caused mysterious leaks on the Nord Stream gas pipelines.

29.09 / 09:39

Climate change 'My whole world collapsed': Russians on fleeing home after Putin's speech

Artur*, a 26-year-old Russian software developer, bought a one-way plane ticket to Armenia's capital Yerevan after hearing Vladimir Putin's announcement to bolster Russia's military forces.

29.09 / 08:25

cryptocurrency Lowe's cryptocurrency news Bitcoin record high Bitcoin-Sterling Volumes Spike To Record High As British Currency Hits Historic Lows

Bitcoin-sterling volumes spike to record high as British currency flounders

29.09 / 01:01

business Airlines Ursula von der Leyen Russia expected to proclaim annexation of occupied Ukrainian territories within days

Russia positioned itself Wednesday to announce the annexation of four occupied areas of Ukraine where 'sham' referenda - denounced as being unlawful by the West - had been held.

28.09 / 18:47

COST UPS Mobile Oil prices Russia’s Mobilization, Plunging Oil Prices Weaken Putin’s Economic Hand

A costly troop mobilization, plunging energy prices and a new round of Western sanctions threaten to bear down on Russia’s already embattled economy and undermine the financial underpinnings of President Vladimir Putin’s war in Ukraine.

28.09 / 17:55

business security dutch Backlog for Dutch asylum applicants as high as during the 2015 migrant crisis

The backlog of asylum applications in the Netherlands is almost as high as during the 2015 refugee crisis, according to new data.

28.09 / 14:59

business Energy Norway and Denmark tighten security around energy infrastructure after pipeline 'attack'

Norway and Denmark will increase security and surveillance around their energy infrastructure sites after the alleged sabotage of Russia's Nord Stream gas pipeline in the Baltic Sea.

28.09 / 12:07

Russians flee to Kazakhstan to avoid call-up for war in Ukraine

Long queues have been building up at the Vishnevka border crossing from Russia to Kazakhstan as thousands continue to flee a possible call-up for the war in Ukraine.

28.09 / 12:07

tax cuts inequality IMF criticises Britain over tax cuts that 'will likely increase inequality'

The UK's planned tax cuts are likely to increase inequality in the country, according to the International Monetary Fund.

28.09 / 09:45

Blockchain Asia BIS marks CBDC pilot as 'successful' with $22M transacted

A multi-jurisdictional Central Bank Digital Currency (CBDC) pilot has been marked “successful” by the Bank for International Settlements (BIS) after a month-long test phase that facilitated $22 million worth of real-value cross-border transactions.

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