Germany raises prospect of power rationing with emergency gas plans March 30, 2022 Germany has triggered emergency plans to manage gas supplies following the Kremlin's demand for contracts to be paid in roubles.
Crypto markets flat as MicroStrategy announces another massive Bitcoin purchase March 30, 2022 The price of Bitcoin is currently holding steady at about $47,400 with the Ethereum price treading water at $3,400.
Polymetal reports boost in Russian demand for gold as sanctions hamper exports March 30, 2022 Russian gold miner Polymetal said it remains resilient to the impact of sanctions today after a boost in demand from Russians looking to store their cash in the traditional safe haven asset.
Energy analysts welcome renewable plans but warn support for households still needed March 30, 2022 Onshore wind will provide the UK with long-term energy security but won't resolve this winter's energy crisis, according to energy experts.
Russian promise to ‘drastically reduce hostilities’ may be bid to ‘deceive people and deflect attention’ March 30, 2022 Ukraine and the United States have cast major doubt on Russia’s reported promise to “drastically reduce hostilities”, with and secretary of state Antony Blinken warning it could be a bid to “deceive people and deflect attention”. Following “constructive” ceasefire negotiations held in Turkey between officials from the two warring sides, it has been reported that [...]
Russia refuses to back down from rouble demands March 29, 2022 The dispute over gas payments has become "a case of which side will blink first" argues Craig Erlam, senior markets analyst at OANDA.
Everton FC registers £120m loss after pandemic impact and suspension of Usmanov support March 29, 2022 Everton Football Club registered a £120.9m loss in 2021, meaning it’s almost £400m down over the last four years. The beleaguered Merseyside club attributed its loss to the pandemic as it published annual accounts this week, against the backdrop of severed sponsorship with a sanctioned Russian oligarch. It said there were £170m losses despite a [...]
Aircraft leasing market could oust Russia beyond Ukraine conflict, lessor says March 29, 2022 Russian airlines could be ousted from the aircraft leasing market well after the end of the Ukraine conflict, said today the world’s second-largest leasing company Avolon. According to the Dublin-based company’s chief executive Domhnal Slattery, the predominantly Irish leasing sector could oust Moscow following the Kremlin’s decision to re-register aircraft as part of its anti-sanctions [...]
Staines Town FC halts operations amid claims its owners breached sanctions and modern slavery laws March 29, 2022 Staines Town Football Club (STFC) has halted all operations after claiming its owners failed to comply with sanctions and breached the Modern Slavery Act 2015. The football club said it had been forced to suspend all primary operations amid an investigation into investment manager, Downing LLP, which acquired the club in 2008. “Until the necessary [...]
Oil prices plummet as Russia-Ukraine peace talks show signs of promise March 29, 2022 Oil prices nosedived on Tuesday afternoon across both major benchmarks - extending losses from the previous day.