Russia Financial News
27.04 / 14:41
European Union
Time
Brussels triggers rule of law mechanism for very first time against Hungary
Brussels on Wednesday triggered its rule of law mechanism for the very first time, warning Hungary it could lose out on European Union funds.
27.04 / 14:03
economics
Bitcoin
As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'
With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine.
27.04 / 13:01
Credit Suisse places Russia staff on ‘paid leave’ as it pulls back
Credit Suisse's staff in Russia have been placed on paid leave as the Swiss bank looks to wind down its operations in the country, its chief executive Thomas Gottstein said.
27.04 / 09:41
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%.
27.04 / 07:57
European Union
United Nations
evacuation
Live: UN chief and Russia's Putin agree on key Ukraine evacuation
UN Secretary-General Antonio Guterres and Russian President Vladimir Putin met one-on-one Tuesday for the first time since Russia invaded Ukraine, with the United Nations later saying that the pair had agreed on arranging evacuations from the besieged steel plant in the battered city of Mariupol.
27.04 / 07:57
European Union
War crimes
Kyiv Mayor Vitali Klitschko makes plea for more Western weapons
The mayor of Kyiv Vitali Klitschko has made an impassioned plea for the West to step up supplies of weapons to help his country defend itself from Russian aggression.
27.04 / 00:05
European Union
Russia's Gazprom suspends supplies to Poland and Bulgaria
Officials in Poland and Bulgaria say Russia is suspending their countries' natural gas deliveries starting on Wednesday.
26.04 / 20:01
Social Media
European Union
Refugees
500
How the horror of war inspired this Italian's bid to save 500 refugees
In March, Italian Alberto Andreani defied bombs and bullets to rescue 40 people from Kharkiv, Ukraine, including his wife’s family.
26.04 / 19:39
Social Media
European Union
Royal Family
Spain’s King Felipe VI unveils €2.6m assets amid push for more transparency
King Felipe VI of Spain has made public his personal assets of €2.6 million ($2.77 million) for the first time.
26.04 / 16:07
COST
World Bank Projects Elevated Energy, Food Prices, Keeping Upward Pressure on Inflation
WASHINGTON—Global prices of fuel and food are forecast to rise sharply this year due to shocks caused by Russia’s invasion of Ukraine, the World Bank said Tuesday, a sign higher commodity costs will continue to put upward pressure on inflation.
26.04 / 14:47
European Union
Agency
Brussels wants EU judicial agency to take greater role in Ukraine war crimes probe
The European Commission on Monday called for Eurojust's mandate to be strengthened to facilitate investigations into possible war crimes in Ukraine.
26.04 / 13:33
26.04 / 13:31
NATO
'Everyone believes Ukraine can win the war,' says US defence secretary at NATO-EU talks
The US defence secretary Lloyd Austin kicked off NATO-EU talks on Tuesday, saying that Ukraine can win against Russia in the two-month-long conflict.
26.04 / 12:57
Binance
Binance Launches Refugee Crypto Card for Displaced Ukrainians
Binance said that it has launched the Binance Refugee Crypto Card (BRCC) for Binance users from Ukraine who were forced to move to the European Economic Area (EEA) countries due to the ongoing war with Russia.
26.04 / 09:55
HSBC
HSBC’s investment bank profit slips by 35% as Russia-Ukraine conflict hits
HSBC put more money aside to cushion the impact of Russia's invasion of Ukraine during the first quarter of 2022, as profit within its global banking and markets unit slipped by 35% compared to a year earlier.
26.04 / 09:55
UBS
fall
UBS investment banking fees fall by 30% as deals slow down
UBS' investment banking fees slipped by 30% in the first quarter as the impact of Russia's war on Ukraine dampened the deal boom that yielded record fees last year.
26.04 / 08:15
Twitter
Threat
NOT
Threat of a nuclear conflict “should not be underestimated,” says Russia's top diplomat
Tensions are rising after the visit of two top US officials to Kyiv late on Sunday, with Russia unleashing a string of attacks Monday against rail and fuel installations deep inside Ukraine, and far from the front lines.
25.04 / 23:01
Government
Law
Earth
Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26
Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting crypto firms explore the boundaries of what is permissible by themselves and then punishing industry participants in case their exploratory actions come to look like a transgression. Others will take heed and learn from the explorer’s negative experience.
25.04 / 22:33
evacuation
Broker
Ukraine wants UN to broker Mariupol evacuation with Russia
Ukraine’s foreign minister is urging the United Nations Secretary General to press Russia on Tuesday for an evacuation of the besieged port of Mariupol, calling it something the world body is capable of achieving.
25.04 / 18:51
ETF
Coronavirus
Bitcoin
spot bitcoin
Australian
Crypto Market Drops Alongside Stocks on Global Worries; Australian Spot Bitcoin ETF Set for Debut
The crypto market initially traded lower on Monday, before trimming its losses later in the trading day as sentiment improved. The market action came after heavy selling before the weekend on comments from US Federal Reserve (Fed) Chairman Jerome Powell last week, hinting that a 50-basis point rate hike could come next.
25.04 / 18:07
Marine Le Pen
'Significant win' for Brussels as France, Slovenia back pro-EU leaders
Brussels breathed a sigh of relief on Sunday evening as voters in France and Slovenia shunned nationalists to back pro-EU leaders.
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