1 Minute Market Rundown – 21st March 2022 March 21, 2022 Russia – UkraineRisk bouncesCrypto finds support We find it rather telling that on Friday, a day you would have expected risk to be sold as the market headed into the weekend, saw stocks and crypto push higher. Now there could be a number of reasons for this. 1) the market is becoming accustomed to the [...]
Capital punishment: private sector sanctions in Russia March 21, 2022 The corporate response to Russia’s invasion of Ukraine is representative of a wider shift in the role of the private sector in society. Russia’s invasion of Ukraine is first and foremost a human tragedy and has far-reaching consequences for millions of people. Our thoughts are with those caught in the atrocious situation, those that have [...]
Claims grow Russian Army is abducting and deporting Ukrainians to remote regions for slave labour March 21, 2022 Ukraine has rejected a Russian deadline to surrender in the city of Mariupol, according to various reports this morning. Details of the Russian proposal was put forward last night by General Mikhail Mizintsev, who said Ukraine had until 05am Moscow time, 2am UK time, this morning to accept its terms. Under Russia’s proposal, civilians would [...]
Spring budget: Defence and foreign aid set to miss out on rise as war rages in Ukraine March 21, 2022 Britain’s defence and foreign aid budgets are set to miss out on an increase in the Spring budget, despite Russia’s war in Ukraine putting pressure on the UK’s responsibilities abroad. Chancellor Rishi Sunak sidestepped suggestions the conflict could lead to a rise in cash for defence, pointing to £24bn spent last year. This comes after [...]
As London faces off threats to its global status, Dubai is waiting in the wings March 21, 2022 Since the result of the 2016 Brexit referendum on our future in the world and beyond the single market, one of the issues which has caused most angst and speculation has been the status of London as one of the world’s greatest financial centres. With the end of free movement of goods, services and people, [...]
Abramovich used football to wash himself clean, now Chelsea must tidy itself up March 21, 2022 The cynicism with which Roman Abramovich entangled good things into his ownership of Chelsea puts the real gains made under his tenure at risk. As a Chelsea fan, he was a person I felt some pride in. He invested in the club, and helped it win. He also created generational role models and changed the [...]
Ex-Minister Sir Alan Duncan maintains role at Vitol Services amid pressure to exit Russia-linked firms March 20, 2022 Former Tory MP Sir Alan Duncan has continued his role at Vitol Services, despite its links Vitol and Kremlin-backed oil projects.
Australia ramps up sanctions with export bans of alumina and aluminium to Russia March 20, 2022 Australia has imposed an immediate ban on exports of alumina and aluminium ores to Russia as it ramps up sanctjons on the country.
Turkey claims Ukraine and Russia have inched closer to peace deal March 20, 2022 Ukraine and Russia have moved closer toward a peace deal and have agreed on four points in principle, according to Turkey’s foreign minister Mevlut Cavusoglu. Cavusoglu told local Turkish media today that there had been a “convergence” between the Russian and Ukrainian governments during peace talks over the past week. He said there had been [...]
Germany announces energy partnership with Qatar March 20, 2022 Germany has entered in a long-term energy partnership with Qatar, as it seeks to become less dependent on Russian energy supplies.