Crypto exchanges refuse to ban Russian users as rouble trading surges March 1, 2022 Crypto exchanges are resisting calls for a blanket ban on Russian users despite a surge in rouble trading volumes.
UK private schools told not to accept fee payments from Russia March 1, 2022 The group that represents Britain’s private schools has told its members not to take fees from Russia. The Independent Schools Council (ISC), a lobby group that acts on behalf of more than 1,300 private schools, warned its members that they may face legal issues if they accept payments from any individual or entity that has [...]
UK bars refuse to sell Russian vodka in show of solidarity to Ukraine March 1, 2022 Several bar operators have said they will not serve Russian vodka amid the Russian invasion of Ukraine. Businesses including London Cocktail Club-operator Nightcap Group and Arc Inspirations said they were removing Russian vodka and other alcohol brands from their sites. Bosses said they wanted to show solidarity with Ukrainians caught up in the unfolding conflict. [...]
Airspace closures hit air cargo operations leading to more supply chain issues March 1, 2022 The Ukrainian conflict has hit air cargo operations worldwide, creating even more supply chain issues, analysts and companies said. Following the EU’s decision to close its airspace to Russian aircraft and the Kremlin’s retaliation, both passenger and cargo routes have been severely disrupted. Some of the biggest airlines in Europe – including Lufthansa, Air France-KLM [...]
Oil prices surge as Western sanctions on Russia bite March 1, 2022 Both major oil benchmarks surged today, amid escalating concerns over supply disruptions after Russia's invasion of Ukraine.
Ukraine war boosts Bitcoin and green stocks as crypto helps Russians and oligarchs to get funds out March 1, 2022 Talks in Belarus between the Ukrainian and Russian committees yesterday were overshadowed by the intensifying military fight in Ukraine. Putin, who seems frustrated with the Ukrainian resistance, and the Westerns sanctions imposed sanctions to the West on his turn by closing its airspace to 36 countries and banning its residents from transferring hard currency abroad. [...]
Russia moves towards economic collapse with plunging Rouble March 1, 2022 With the slumping Rouble now worth less than one US cent, the Russian economy is on the brink of a collapse. Karl Marx warns ‘history repeats itself, first as tragedy, second as farce.’ Hitler’s Anschluss with Austria is mirroring Russia’s annexation of Crimea, the encroachment in the Donbas with the occupation of the Sudetenland. But [...]
A friend of Putin: Former German chancellor’s staff quit March 1, 2022 Former German chancellor Gerhard Schroeder has reportedly watched all the staff in his taxpayer-funded office walk away, while he resists growing pressure to cut his ties to the Kremlin. It comes amid the Kremlin-backed invasion of Ukraine, which has seen Schroeder – a long-time friend of Putin – fall under scrutiny. Leaders of Germany’s Social [...]
UK’s biggest energy port confirms restrictions on Russian ships March 1, 2022 The UK's biggest energy port will not allow entry to any ships owned, registered or controlled by Russia - or flying the country's flag.
‘Humanitarian catastrophe’ looming in Ukraine as Russia attacks men, women and children, UK envoy warns March 1, 2022 Ukraine is on the brink of a “humanitarian catastrophe”, Britain’s UN Ambassador Dame Barbara Woodward has warned an emergency meeting of the Security Council. As Russia continues its assault on the eastern European country, Dame Barbara was among those at the UN to accuse the Kremlin of launching “indiscriminate attacks against men, women and children” [...]