Russia Financial News

13.07 / 09:25

European Union Sri Lankan president flees country, hours before he was due to step down

The president of Sri Lanka, Gotabaya Rajapaksa, fled the country early Wednesday morning, hours before he was due to step down amid a devastating economic crisis that has triggered severe shortages of food and fuel.

13.07 / 09:25

European Union Heatwave Firefighters scramble to put out wildfires in heatwave-hit Portugal and Spain

Wildfires swept across Portugal's central region on Tuesday, forcing the evacuation of hundreds of locals, as firefighters struggled to put out flames at a time the country is battling a sweltering heatwave.

12.07 / 22:19

Stablecoin regulation Central Bank Ruble place Central Bank: No Place for Stablecoins in Russian Economy, Only Digital Ruble Will Do

The Central Bank of the aggressor state Russia, says that it is against the idea of citizens making use of fiat-, oil-, or gold-pegged stablecoins – despite calls for the launch of such tokens from the Ministry of Finance.

12.07 / 21:27

European Union Ukraine war: Five important developments you need to know for Tuesday

1. Ukraine braces for renewed Russian assault

12.07 / 17:25

Fallout hearing Nominee to Be Treasury’s Top Economic Envoy Likely to Address Trade, Ukraine War at Hearing

WASHINGTON—Senators are likely to question Jay Shambaugh, President Biden’s pick to serve as the Treasury Department’s top economic diplomat, about trade policies and the economic fallout of the Russia-Ukraine war at a confirmation hearing Tuesday.

12.07 / 16:01

Support Janet Yellen Begins Asia Trip to Win Support for Cap on Russian Oil Price

TOKYO—Treasury Secretary Janet Yellen has embarked on an international lobbying blitz for a proposal she says will stave off a global recession, working to address technical and diplomatic challenges to her plan to cap the price of Russian oil.

12.07 / 15:40

Refugees 'I was praying we would die quickly', Mariupol survivor says

When Lia and Alex woke up in Mariupol to the loud booms of explosions and shrieks of car alarms on 24 February, the young Ukrainian couple did not expect they would soon have to bury their loved ones in their own garden and fend off cold and starvation as Russian troops pounded the southern port city into dust.

12.07 / 15:01

War crimes Refugees Haunted by violence, Ukrainian survivors tell their stories to war crimes researchers

12.07 / 14:57

Energy Euro Time Euro reaches parity with dollar for the first time in 20 years

The euro and the dollar have reached parity for the first time in 20 years, signalling the market's assumption that the European economy is heading for a deep recession as a result of Russia's invasion of Ukraine.

12.07 / 12:55

Eurozone finance ministers discuss soaring inflation and energy prices

Eurozone finance ministers met to discuss soaring inflation and deteriorating growth prospects ahead of an Economic and Financial Affairs Council this week.

12.07 / 12:35

Stablecoin CBDC Adoption Bank of Russia opposes private stablecoins in the country

In a fresh episode of the longstanding battle between the Central Bank of Russia (CBR) and the country's Ministry of Finance, representatives of the former have criticized the latter’s idea of supporting the stablecoins, which some private investors have sought to launch in the country.

12.07 / 10:55

Ukraine braces for renewed Russian assault as West fears energy crisis will worsen

Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than 30 people, as Kyiv's Western allies brace for a worsening of the global energy crisis if Russia cuts its supply of oil and gas.

12.07 / 09:51

Technology Japan mourns as its longest-serving PM Shinzo Abe is laid to rest

With prayers, flowers and flags draped in black ribbons, Japan on Tuesday said farewell to Shinzo Abe, a polarising figure who dominated politics as the country's longest-serving premier, before being gunned down at a campaign rally last week.

12.07 / 01:03

Technology Ukraine war: Five latest developments you need to know

1. Ukraine denounces 'absolute terrorism' of Russian strikes on civilian targets

11.07 / 22:13

Binance regulation Customers REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions

Global cryptocurrency exchange Binance is under the spotlight as a report claims it continued serving Iranian clients despite a company ban and economic sanctions against the country.

11.07 / 20:03

Binance Crime litecoin Bitcoin Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._______

11.07 / 17:31

Technology European Union Electricity supplies to some French companies could be cut due to energy disruption, minister says

The French government is working on "load-shedding plans" that could see electricity and gas supplies reduced for some companies over the winter, Economy Minister Bruno le Maire confirmed on Sunday, warning that Russia is highly likely to turn off the tap.

11.07 / 17:31

Technology European Union COVID-19: European health agencies recommend 2nd booster for vulnerable people and those over 60

Vulnerable people and those over the age of 60 should get a second booster dose of the vaccine against COVID-19, European health agencies advised on Monday, warning that a new wave is "ramping up."

11.07 / 10:47

tennis Nord Stream pipeline begins annual maintenance, with Europe concerned shutdown could be extended

The Nord Stream 1, the biggest single pipeline carrying Russian gas to Germany, starts annual maintenance today, with flows expected to stop for ten days.

11.07 / 01:35

NASDAQ DOW 500 S&P 500 futures edge lower ahead of kickoff to earnings season

U.S. equities futures dipped Sunday evening as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report.

10.07 / 21:25

tennis Attack Swiss Swiss experts fear Alpine mountain collapse after Italy's deadly Marmolada avalanche

Swiss geologists monitor a mountain peak at risk of collapsing and damaging a village below.

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