Russia Financial News

03.05 / 16:05

Blockchain Technology Ethereum Tech The birth of ‘Ethereum Killers,’ can they take Ethereum’s throne?

Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of Ethereum 2.0.

03.05 / 15:21

Fallout Russia Turns on Spending Taps to Blunt Economic Impact of War and Sanctions

Russia is assembling an economic relief package equivalent to tens of billions of dollars to soften the blow of Western sanctions and shield its population from the financial fallout of President Vladimir Putin’s war in Ukraine.

03.05 / 13:47

Waves Racing Citibank Russia races to avert historic default as bondholders wait for dollar payments

Russia looks set to meet another deadline for debt payments on Wednesday after tapping its domestic foreign currency reserves to avert a historic sovereign default.

03.05 / 12:43

Art Jail US jail official helped 'extremely dangerous' inmate escape, say authorities

US authorities believe an Alabama jail official helped an “extremely dangerous” murder suspect escape prison.

03.05 / 11:11

expansion BNP Paribas trading fees surge after investment bank expansion

Trading fees at BNP Paribas surged by more than 50% in the first quarter, as the bank benefited from market volatility in the wake of Russia's invasion of Ukraine and an ongoing expansion of its investment bank.

03.05 / 09:23

Art European Union rights US Supreme Court moving to overturn key abortion rights law, says leaked report

A draft opinion suggests the U.S. Supreme Court could be poised to overturn the landmark 1973 case that legalised abortion nationwide, according to a Politico report released Monday.

03.05 / 07:35

European Union Energy pandemic Brussels says difficult months ahead for Europe, after EU energy ministers meeting

Brussels says it is preparing for difficult months ahead in the energy sector, following an extraordinary meeting of the bloc's energy ministers on Monday to discuss its strategy after Russia decided to cut off gas to Poland and Bulgaria last week.

02.05 / 20:09

Law regulation Europe European Union EU commissioner calls for global coordination on crypto regulation

Mairead McGuinness, the commissioner for financial services, financial stability and capital markets union at the European Commission, is calling for global regulators to work together to address potential risks in the crypto market.

02.05 / 19:07

UPS Extreme Strategy Returns Citadel's flagship hedge fund rallied 7% in April during turmoil, brings 2022 returns to nearly 13%

Billionaire investor Ken Griffin's hedge fund wowed the industry with big outperformance in April, overcoming a brutal market rout and extreme volatility.

02.05 / 16:43

EU Prepares Ban on Russian Oil

The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end of 2022, and a ban on purchases of Russian refined-oil products by year-end, according to two senior diplomats.

02.05 / 15:17

pandemic 'Absurd, delusional and dangerous': Israel slams Russian FM's comments on Nazism and Ukraine

Israel blasted the Russian foreign minister on Monday over his "unforgivable" comments about Nazism, Hitler and the war in Ukraine.

02.05 / 13:03

European Union Russian gas: EU crisis talks seek unity over Putin's demand for payments in roubles

European Union energy ministers hold emergency talks on Monday, as the bloc strives for a united response to Moscow's demand that European buyers pay for Russian gas in roubles or face their supply being cut off.

02.05 / 11:19

markets Federal Reserve Central Bank Bitcoin week Fed ‘will determine the fate of the market’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever.

02.05 / 05:49

COST Booking Credit Suisse reveals $284m loss as investment bank tumbles

Credit Suisse unveiled a loss of CHF273m ($284m) in the first quarter as it battled litigation costs and a slump in investment banking revenue, which tumbled by 50%.

01.05 / 20:23

World War II restrictions COVID restrictions Italy and Greece relax some COVID restrictions ahead of tourist season

Italy and Greece eased some COVID-19 restrictions ahead of Europe's peak tourism season.

01.05 / 15:13

World War II Germany files case against Italy in UN court over war reparations

Germany has filed a case against Italy at the International Court of Justice (ICJ) over war reparations related to World War II, the Hague-based UN court said.

01.05 / 12:11

lawmaker Top US lawmaker Nancy Pelosi meets Zelenskyy in Ukraine

A top US lawmaker led a Congressional delegation to Ukraine to meet with the country's president ahead of talks in Poland.

30.04 / 21:37

UPS Dreams Bitcoin recovery With April seeing largest average outflows of 2022, is recovery a distant dream

Crypto Compare released their monthly report recently. The report focuses on development and adoption of various product types by analyzing AUMs, trading volume and price performance.

30.04 / 17:33

Refugees UK MP resigns after admitting to watching pornography in parliament

Neil Parish, a Conservative lawmaker in Britain, has resigned after admitting to watching pornography twice in the House of Commons.

30.04 / 15:03

Cooper Cooperation Russia’s War in Ukraine Is Straining Global Economic Cooperation

WASHINGTON—A rift between Western democracies and Russia and China is forcing policy makers to figure out how to keep conversations alive among nations with diverse views as they face economic challenges arising from the war in Ukraine.

30.04 / 12:11

business Eastern Europe teams up to reduce EU's dependence on Russian gas

Countries in Eastern Europe are partnering up to develop projects and share resources to counter the Russian dominance in the gas market and curb the EU's reliance on Russian supply.

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