Russian economy to lose nearly third of its value March 14, 2022 Russia’s economy will be plunged into turmoil this year as a result of the country being frozen out of the global economy in retaliation to Moscow invading Ukraine. The country’s output will tumble around 30 per cent this year, far worse than the amount it lost during the financial crisis, according to forecasts by the [...]
Oil round up: India weighs up Russian oil as Boris Johnson calls on Saudi Arabia to boost output March 14, 2022 India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-rouble transaction.
Price pinch: Most Brits financially struggling or worried as inflation rises and Ukraine war rages March 14, 2022 Almost 60 per cent of Brits either struggling financially, or concerned about money in the near future, due to Russia’s war in Ukraine and the cost of living crisis. The economic effect of the conflict has exacerbated the rise in energy and food, against the backdrop of increasing inflation, which is set to exceed the [...]
Gold and silver tumble as central banks ready interest rate hikes March 14, 2022 Gold and silver prices slipped this morning as looming interest rate hikes and growing optimism of a ceasefire led investors to flee safe haven assets.
Russian aviation on brink as Bermuda revokes 745 plane licenses, half of country’s fleet March 14, 2022 Bermuda is preparing to revoke the licenses of 745 Russian planes, a move which could ground half the country's entire fleet.
Crypto donations continue to pour into Ukraine’s war effort March 14, 2022 Francisco Memoria thumbs through the last seven days in crypto to highlight the narratives that marked the week.
Former Wirecard boss charged with fraud over financial collapse March 14, 2022 The former boss of Wirecard has been charged with fraud, breach of trust and accounting manipulation following the collapse of the firm amid a major accounting scandal in June 2020. Markus Braun has been charged by Munich public prosecutors after a 21 month criminal investigation into practices at the firm which saw it crash into [...]
‘Putin go F*** yourself’: Squatters occupy oligarch’s London mansion March 14, 2022 Squatters have occupied a mansion in London believed to be owned by a Russian billionaire who was sanctioned by the UK government last week.
Facebook ‘do not permit calls to assassinate a head of state’: Meta narrows hate speech following Russian backlash March 14, 2022 Facebook owner Meta Platforms said it would be narrowing the scope of its content moderation policy for Ukraine after Russian backlash over the weekend.
Rio Tinto makes $2.7bn play for control of Mongolian mine March 14, 2022 Rio Tinto has made a $2.7bn cash offer for Turquoise Hill's remaining shares in a bid to gain control of a Mongolian copper-gold mining project.