Russia Financial News
02.03 / 16:39
COST
Target
Remark
rate hikes
Fed Chair Powell notes 'highly uncertain' Ukraine impact, but says rate hikes are still coming
Federal Reserve Chairman Jerome Powell still sees interest rate hikes coming, but noted Wednesday that the Russia-Ukraine war has injected uncertainty into the outlook.
02.03 / 16:29
Investing
Central Bank
banking
Ruble
diving
Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving
Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated.
02.03 / 16:17
business
Binance
Asia
stake
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global.
02.03 / 16:15
COST
Citi
Provident
Citigroup
Citi to give emergency pay and aid to Ukraine staff as many flee to Poland
Citigroup has helped many of its 200 Ukraine-based employees with their evacuation to Poland in the wake of Russia's invasion and continued attacks on the country, Financial News can reveal.
02.03 / 16:15
CEO
Solomonic
letter
open
Goldman Sachs CEO slammed for Russia response in ex-employee open letter
A former Goldman Sachs dealmaker, who claims to have worked on some big Russian transactions at the US bank, has written an open letter to chief executive David Solomon asking he stay on the “right side of history” by shutting down bank operations in Russia.
02.03 / 14:55
Digital
Bitcoin
What sanctions on Russian transactions mean for bitcoin and other cryptocurrencies
Russia's invasion of Ukraine is turning into a geopolitical test for Bitcoin as a digital currency in a time of crisis. So far, it appears to be passing.
02.03 / 14:09
Biden’s State of the Union Address Pushes Unity Against Russia, Battle Against Inflation
WASHINGTON—President Biden said that Russian President Vladimir Putin is more isolated from the rest of the world than ever after invading Ukraine, using Tuesday’s State of the Union address to highlight the coordinated response of the U.S. and allies and rally Americans behind defending democracy.
02.03 / 14:09
UPS
pension
Divesting From Russia Proves Complicated for Pension Funds
Pension funds around the world are reviewing their investments in Russia’s energy, banking and mining sectors in the wake of the country’s invasion of Ukraine.
02.03 / 13:57
Federal Reserve
inflation
Coronavirus
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out.
02.03 / 13:23
European Parliament
Refugees
Ukraine is pushing for EU membership. But what are the real chances?
President Volodymyr Zelenskyy has a clear message for the European Union: Ukraine wants in.
02.03 / 13:23
NATO
Refugees
EU and NATO 'rising to the challenge' of Russian aggression
With the world's focus on Ukraine and what Russia will do next, NATO's headquarters in Brussels has been on high alert.
02.03 / 13:11
Ethereum
Twitter
Tether
Bitcoin
crypto donations
Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M
Ukraine Expands over $30M worth crypto donation program by accepting Polkadot’s DOTs after the Russian Army Invasion.
02.03 / 13:09
Shell
MPs
Law firms face fierce pressure from MPs to shutter Moscow offices
Law firms are facing increasing political pressure to pull the plug on their Moscow operations and cut ties with Russian clients in light of Vladimir Putin’s invasion of Ukraine.
02.03 / 12:51
Binance
coinbase
Gaming
Kraken
Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations
Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine.
02.03 / 12:31
Russia’s largest lender Sberbank pulls back from European markets
Russia's Sberbank is withdrawing from the European market after several of its banking subsidiaries risked collapse as depositors rushed to withdraw their money in response to sanctions levelled against Russia's largest bank.
02.03 / 12:19
cryptocurrency
Cardano
cryptocurrency price today
Shiba Inu
Bitcoin
Top cryptocurrency prices today: Bitcoin, Terra, Shiba Inu, Cardano rise up to 4%
Europe and the US have banned certain Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the messaging network supporting global financial transactions. Barring Avalanche and Cardano, which dropped 2 per cent each, all of the top digital tokens were trading higher on Wednesday. Terra and BNB rose 4 per cent each, followed by a 2 per cent rise in Bitcoin and Solana.
02.03 / 12:15
Deloitte
Deloitte suspends Ukraine business to safeguard staff from Russian invasion
Deloitte has ceased all business activity and client work in Ukraine following the country's invasion by Russia, the firm's global chief executive said, as the Big Four auditor looks to ensure staff safety.
02.03 / 12:05
cryptocurrency
NFT
Charity
Ukrainian Government Claims ‘Airdrop’ Will ‘Reward’ its Bitcoin & Crypto Donors
The Ukrainian government has confirmed that donors who have contributed crypto to fund its military struggle with the invading Russian army will be in line for an airdrop of tokens.
02.03 / 11:29
Shell
MPs
Law firms under fierce pressure from MPs to shutter Moscow offices after Russian invasion of Ukraine
Law firms are facing increasing political pressure to pull the plug on their Moscow operations and cut ties with Russian clients in light of Vladimir Putin’s invasion of Ukraine.
02.03 / 11:05
Binance
Kuna
Bitcoin
Financial
Ukraine-Russia crisis drives bitcoin demand as sanctions restrict financial transactions
The Russian invasion of Ukraine has driven demand for cryptocurrencies in both countries, helping boost the price of bitcoin.
02.03 / 11:05
foreign
Financial
Russia imposes temporary ban on foreign investors as sanctions hit financial system
Russia sifted through the financial wreckage caused by Western sanctions, as its stock market remained closed and the government announced new measures to try to limit the damage to the economy.
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