Russia to block Instagram on Monday after branding Meta an ‘extremist organisation’ March 12, 2022 The Kremlin has told Russian Instagram users they have until the end of the weekend to transfer any photos or videos they have saved on the social platform, onto their own computers, after confirming Instagram will be “definitively blocked” from midnight on Monday. The comments come after Russia’s media watchdog, Roskomnadzor, said it will be [...]
US vows to target crypto exchanges that allow sanctioned oligarchs to use their services March 12, 2022 The US has said it plans to target cryptocurrency exchanges that help sanctioned oligarchs move dirty money. The US Department of Justice’s (DoJ’s) KleptoCapture taskforce, which was set up this month to enforce sanctions on Russian oligarchs, is set to prosecute banks and cryptocurrency exchanges that fail to prevent sanctioned individuals from using their services. [...]
Barclays suspend Chelsea FC bank account: Reports March 11, 2022 Barclays has temporarily suspended Chelsea FC’s bank account as it assesses the impact of sanctions, according to multiple reports. The club’s owner Roman Abramovich was placed on the UK’s sanctions list yesterday morning over his links to Vladimir Putin and his part-ownership in a firm allegedly linked to the production of Russian military equipment. The [...]
Putin’s girlfriend Alina and their four children go into hiding in luxury chalet in Switzerland March 11, 2022 The long-term girlfriend of Russian president Vladimir Putin - Alina Kabaeva - has reportedly gone into hiding in Switzerland, together with the couple's four young children.
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]
Business of Space: Has Roscosmos imposed its own restrictions? March 11, 2022 This week Russian space chief hits out on Twitter… again SpaceX takes in-orbit satellite tally above 2,000 Range applications sent off for UK’s first-ever vertical launch site Roscosmos Russia’s invasion of Ukraine has seen a number of governments impose sanctions on the country, which range from having assets frozen to being locked out of certain [...]
BlackRock clients take $17bn hit as Russian assets plunge in value March 11, 2022 The world’s largest asset manager BlackRock has taken a $17bn hit on its Russian investments which have plunged in value since the invasion of Ukraine.
Kremlin threatens to take control of assets owned by multinationals that exited Russia over Ukraine March 11, 2022 The Kremlin has threatened to take control of assets owned by multinational companies that have pulled out of Russia in response to the country’s invasion of Ukraine. Speaking to President Putin yesterday, Russia’s prime minister Mikhail Mishustin said he had prepared a draft law which would allow the Russian government to take control of assets [...]
What impact could the US-UK Russian oil ban have on Tesla’s share price? March 11, 2022 The Tesla (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were [...]
Onlyfans donates £1m in crypto to support Ukraine amid Russia invasion March 11, 2022 Adult video platform Onlyfans has donated millions of pounds in crypto to support Ukraine and plans to send an additional 500 ETH (£993,790).