What impact will Russia’s invasion of Ukraine have on oil and gas? March 4, 2022 Russia’s invasion of Ukraine is first and foremost a human tragedy. As investors though, our role is to interpret the market implications on behalf of our clients. Here, we consider the impact of the invasion on oil and gas markets. Firstly, it’s important to understand how markets stood before the invasion. Global energy markets were [...]
Calls grow worldwide to drag Vladimir Putin to special tribunal and let Russian president stand trial for war crimes March 4, 2022 Gordon Brown, UK Prime Minister from 2007 to 2010, is urging countries to support the creation of a special tribunal to punish Vladimir Putin for the crime of aggression against Ukraine. He joined Ukrainian foreign minister Dmytro Kuleba at an online event organised by the Chatham House think-tank, where pleas were made for Western nations [...]
Ukraine war turns nuclear as Russian shells fall directly onto Europe’s largest power plant amid heavy fighting March 4, 2022 Fears grow for an explosion as Russian forces are shelling the continent’s largest nuclear power plant, which has reportedly caught fire around 1am UK time. Nuclear plant spokesman Andriy Tuz told Ukrainian television that shells fell directly on the facility, and set fire to a reactor that is not operating and to an administrative training [...]
Russian crypto trading volumes fall amid sanction evasion fears March 4, 2022 The volume of Russian roubles being exchanged for crypto is falling undermining claims digital assets are being used to evade sanctions.
Eversheds cuts links with Russia after denying it works for oligarchs March 4, 2022 London law firm Eversheds has said that it is not currently working for the Russian government, Russian oligarchs, or the the Russian Federation’s state-owned firms, after vowing to cut links with Russia. In a statement, Eversheds said it now intends to refuse any offers of work from “Russian entities,” as it confirmed that all of [...]
Kremlin bans citizens from calling for sanctions against Russia after denying plans to institute martial law March 4, 2022 Russia’s Duma has introduced a new law to ban citizens from calling for sanctions to be imposed on Russia, and said those found guilty may be forced into “obligatory labour” for up to three years. Russians who call for sanctions to be imposed on Russia, over its invasion of Ukraine, could face fines of up [...]
As the world sees enormous price increases, Bitcoin’s use case deserves more attention March 4, 2022 As war rages in the Ukraine, Bitcoin’s use case as an answer to economic woes has once again been brought to the forefront.
Russia Today shuts down US operations amid layoffs March 4, 2022 The US arm of a Russian-state backed media outlet is closing down operations and laying off staff amid backlash to the war with Ukraine.
Royal London boss commits to dumping Russian assets as pension giant reports profit boost March 4, 2022 Royal London boss Barry O’Dwyer said the firm would dump its Russian investments as soon as possible today, as the pension giant reported rising sales and jump in profits for 2021.
Russia blocks BBC after fierce Kremlin criticism and RT ban across Europe March 4, 2022 BBC Russia says there have been reports there are problems accessing its website in Russia. German public broadcaster Deutsche Welle reported, in Russian, that the BBC site was not working in Russia. According to a tweet posted by BBC Russian in Russian and translated into English, Meta (formerly known as Facebook) also appears to be [...]