US ramps up sanctions with plans to ban Russian oil imports March 8, 2022 The US is expected to impose ban on Russian oil imports as it ramps up sanctions following the country's invasion of Ukraine.
Man of steel: Russian oligarch Vladimir Lisin comes out against Putin by calling for immediate end to Ukraine war March 8, 2022 Oligarch Vladimir Lisin, the chairman and main shareholder of the NLMK Group, one of Russia’s largest steel makers, has called for an immediate end to the Russian war in Ukraine. The Moscow-based billionaire reportedly sent a letter to NLMK staff, which was subsequently widely shared on social networks. The steel tycoon wrote that “the death [...]
EU court rules against Britain in £2.2bn import fraud case March 8, 2022 The European Union's highest court has ruled against Britain in a fraud case involving billions of pounds worth of import fraud.
Russia-Ukraine war to deliver £90bn blow to UK economy March 8, 2022 Russia’s war with Ukraine will deal a £90bn blow to the UK economy driven by a worsening cost of living crunch sending the British consumer into retreat, reveals fresh forecasts published today. Soaring energy prices as a result of Moscow sending troops in Ukraine will feed already historic high inflation in Britain, heaping even further [...]
Chancellor pressures asset managers to cut ties with Russia March 8, 2022 The Treasury has ramped up pressure on asset managers to dump their holdings in sanctioned Russian firms, with chancellor Rishi Sunak hosting top industry bosses last week to discuss divestment.
Biden to sign executive order on crypto amid sanction evasion fears March 8, 2022 US President Jo Biden is poised to sign an executive order on crypto this week amid fears digital assets are being used to evade sanctions.
UK sets up Ukrainian refugee centre in Lille, 70 miles away from Calais March 8, 2022 The government’s handling of Ukrainian refugees was plunged further into farce today as it was announced the UK will set up a “pop up” refugee centre in the French city of Lille, which is 70 miles away from Calais. Home secretary Priti Patel yesterday said a centre to process refugees was being set up in [...]
Why I’ve rejected blanket ban on Russians on our crypto exchange March 8, 2022 We’re against Putin’s war – and he should be punished – but not the Russian people, says Crypto AM columnist Nigel Green.
Aeroflot cancels all international flights except for Minsk as sanctions continue to bite March 8, 2022 Russian carrier Aeroflot has suspended all international flights except for Minsk after a growing number of countries imposed restrictions following the Kremlin’s invasion of Ukraine. The Rosaviatsiya, Moscow’s federal air transport agency, recommended airlines to cut down on the number of international flights because they could see their leased aircraft detained, Russian news agency TASS [...]
Stability begins to return to Bitcoin and crypto markets March 8, 2022 The crypto markets are mostly flat over the last 24 hours, with the Bitcoin price sitting steady at just above the $38k mark.