Putin’s war in Ukraine must make us wonder about our military capabilities February 28, 2022 Last week all changed, changed utterly; on the eastern fringes of Europe, a war is now happening. Not a border skirmish or some cyber jousting—the Russian army has invaded Ukraine and men and women are losing their lives in a struggle for territory and power. Taken by surprise by this resurrection of old methods of [...]
Crypto exchange Binance to block accounts of sanctioned Russians February 28, 2022 Crypto exchange Binance reportedly plans to block the accounts of Russian users who have been targeted by sanctions.
GSK chief ‘extremely confident’ of July listing for consumer division February 28, 2022 GlaxoSmithKline chiefs said today they are lining up a July spin off for the firm's consumer health division Haleon, as they remain positive that they can shrug off market volatility in the coming months.
Ukraine crisis: what does it mean for asset allocation? February 28, 2022 Russia’s invasion of Ukraine, which is having devastating human consequences, has increased the risk of a stagflation environment – one of slowing economic growth but high inflation. How should investors prepare for this possible scenario? Our analysis reveals which asset classes are likely to outperform if it comes to pass. Our live blog on the Ukraine crisis [...]
Ukrainian delegation begins ceasefire talks with Kremlin officials February 28, 2022 Ukrainian government officials have arrived at the Belarus border for ceasefire talks with the Russian government, after four days of intense fighting across the country. The talks are reported to have began just after 9am GMT, with both sides agreeing to meet without “preconditions”. Ukrainian defence minister Oleksii Reznikov was seen arriving to the negotiations [...]
Equinor cuts Rosneft ties amid escalating pressure to divest from Russia February 28, 2022 Norwegian energy Equinor has announced it will cut ties with Kremlin-backed Rosneft and divest from its joint ventures in Russia.
Bitcoin holding steady in the face of Putin’s escalating threats February 28, 2022 The price of Bitcoin, the largest cryptocurrency by market cap, climbed past $39k yesterday and even looked set to surpass $40k, before dropping back to $38,500 last night.
Petrol prices hit £1.51 per litre as cost of living crisis deepens February 28, 2022 UK petrol prices have broken records yet again following Russia’s invasion of Ukraine, which has further driven fears of supply shortages and seen oil prices spike to over $100 per barrel for the first time since 2014. The latest fuel watch figures from motoring group RAC reveal that unleaded petrol hit a peak on Sunday, [...]
Ukraine vice prime minister urges crypto exchanges to block Russian users February 28, 2022 Ukraine’s vice prime minister has called for crypto exchanges to block Russian accounts amid concerns digital assets are being used to evade sanctions. Mykhailo Fedorov made the plea on Twitter yesterday as invading Russian forces advanced on Kyiv, the country’s capital city. “I am asking all major crypto exchanges to block addresses of Russian users,” [...]
Abramovich-owned steelmaker Evraz plunges in value as sanctions spark investor exodus February 28, 2022 Shares in Russian steelmaking giant Evraz plunged over 20 per cent this morning as Western sanctions sent the Russian economy into chaos, with the rouble falling over 28 per cent.