Germany assured it will not have to pay for gas in roubles March 31, 2022 Germany will still to pay for Russian gas in euros or dollars, confirmed its government yesterday, despite Putin's push for rouble payments.
Bitcoin levels off after eight days of upward movement March 31, 2022 The price of Bitcoin today is, essentially, unmoved after another largely flat day, continuing to hover at just above the $47k mark.
Explainer-in-brief: Cutting company ties with Russia is a balancing act March 31, 2022 Leroy Merlin and Bayer are two of the companies that haven’t pulled out of Russia yet. When giants like BP and Shell terminated operations in the country they were praised, and rightfully so. Companies that haven’t left face boycott calls. Sanctions are seen as a way to push the Kremlin in a corner, ultimately making [...]
Q&A: will the gold price surge continue? March 31, 2022 James Luke explains the effect that Russian sanctions and Fed rate rises are having on gold, and what may lie ahead for the precious metal. Gold prices have been on an upward trend since mid-January, accelerating sharply upon Russia’s shocking invasion of Ukraine towards the end of February as investors flocked to perceived safe haven [...]
Homes for Ukraine scheme: Less than 10 per cent of visa applications approved March 31, 2022 Less than one tenth of visa applications have been approved through the ‘Homes for Ukraine’ scheme, it has been revealed. The Home Office said it is “moving as quickly as possible” to make the process more efficient, as the UK handed out just 2,700 passes through its initiative, according to The Times. The programme pairs [...]
Ed Warner: Commonwealth Games should consider dropping restrictive colonial ties March 31, 2022 This week, Ed Warner argues that the Commonwealth Games must adapt if it’s to survive, ponders English cricket’s leadership vacuum and hopes Russia remains in exile. Depending on your media outlet of choice, Wills and Kate’s Caribbean sojourn was either a triumph of charming diplomacy or another nail in the coffin of empire – as [...]
Truss to land in New Delhi to discuss closer defence ties with India March 30, 2022 Liz Truss will touch down in New Delhi today to speak to her Indian counterpart about strengthening defence ties with the Commonwealth country. The foreign secretary said in a statement today that deeper ties between India and Britain matter “even more in the context of Russia’s unprovoked invasion of Ukraine and underlines the need for [...]
London arm of Russia’s VTB on brink of collapse as sanctions bite March 30, 2022 The London arm of Russia’s VTB Bank is on the brink of insolvency proceedings after sanctions have curbed its ongoing operations. As reported by Mark Kleinman for Sky News, British banking regulators have called in advisers to help address Russia’s second-largest lender’s presence in the capital. Sources told Sky that the bank could fall into [...]
Biden to use Korean War-era powers to ramp up mineral supplies March 30, 2022 US President Joe Biden will invoke the 1950 Defense Production Act to boost the domestic supply of key minerals.
UK prohibits maintenance on Russian oligarchs’ planes and ships March 30, 2022 The UK Government announced today it has prohibited maintenance works on aircraft or ships belonging to Russian oligarchs sanctioned over ties with Putin. Laid in Parliament today as a Statutory Instrument, the new legislation hit already Russian businessmen Eugene Shvidler, whose aircraft have been detained since last week, and TCS Group founder Oleg Tinkov. Foreign [...]