Telecom giants scrap roaming and international fees for fleeing Ukrainians February 28, 2022 More than a dozen telecom providers have shown their support for the Ukrainian people by offering free international calls and scrapping roaming fees, according to European telecoms lobbying group. European Telecommunications Network Operators’ Association (ETNO) said an internal survey showed at least 13 of its members have taken measures to help fleeing Ukrainians after Russia’s [...]
Following Google’s lead: Microsoft axes Russia Today and bans state-owned media ads February 28, 2022 Microsoft have stated in a blog post that it will be removing Russian state-owned media outlet RT’s mobile apps from the Windows App store, as well as cutting ads on Russian state-sponsored media. In a post, the tech giant said: “One of our principal and global responsibilities as a company is to help defend governments [...]
Uefa terminates £100m Gazprom sponsorship as sport shuts out Russia February 28, 2022 European football’s governing body Uefa has confirmed the termination of its long-standing sponsorship deal with Russian state energy company Gazprom. The move came as Uefa banned Russian teams from its international and club competition following the country’s invasion of Ukraine. “Uefa has today decided to end its partnership with Gazprom across all competitions,” it said. [...]
Shell announces exit from Russian assets following Downing Street pressure February 28, 2022 Shell will exit is joint ventures with Gazprom following intense government pressure to divest from Kremlin-backed assets.
Law firms Linklaters and Baker McKenzie consider cutting ties with Russia February 28, 2022 Magic Circle law firm Linklaters and Chicago law firm Baker McKenzie have said they are considering cutting links to Russia, as law firms face mounting pressure to sever any links with the Putin regime. In an email to City A.M. a Baker McKenzie spokesperson said the firm is currently reviewing its ties to Russia with [...]
Liz Truss says ban on Russia Today risks Kremlin crackdown on the BBC February 28, 2022 Foreign Secretary Liz Truss has warned that if the UK bans Russia Today then the BBC could be banned from Russia amid fears of a Kremlin crackdown. She said: “We want the Russian population to hear the truth about what Vladimir Putin is doing”. It comes after calls in the UK that the state-controlled Russian [...]
Fifa, Uefa and IOC heed calls to ban Russia from international sport February 28, 2022 Russia faces an indefinite period of exile from international sport after major bodies including the International Olympic Committee, Fifa and Uefa bowed to calls to ban the country. The IOC said Russian teams and athletes should not be allowed to compete in international competitions, even under a neutral flag, as a result of the country’s [...]
UK outlines measures to clamp down on Russian oligarchs using the ‘London laundromat’ February 28, 2022 The UK has announced a package of measures today to help ban corrupt Russian oligarchs from laundering their money in London, which will aim to force foreign owners of British assets to reveal their true identities. Business secretary Kwasi Kwarteng said the package will stop “oligarchs and kleptocrats from Russia and elsewhere” who “have used [...]
Bitcoin and crypto markets lift during Ukraine and Russia ‘de-escalation talks’ February 28, 2022 Cryptocurrency prices have started to nudge upwards as the first round of talks aimed at brokering peace between Russia and Ukraine were concluded in Belarus earlier today.
Russia’s economy plunges into chaos as Western sanctions bite February 28, 2022 Russia’s economy has been plunged into chaos after Western sanctions triggered a collapse in the country’s currency today. The value of the rouble tumbled as much as 30 per cent against the dollar today, dropping to its lowest ever level against the global currency benchmark. The sharp and sudden weakening in the rouble prompted Russia’s [...]