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  • Toyota suspends factory operations following suspected cyber attack

    February 28, 2022

    Toyota is suspending production at 14 domestic factories, loosing around 13,000 cars, following what it looks like a cyber attack,. “Due to a system failure  at a domestic supplier, we have decided to suspend the operation of 28 lines at 14 plants in Japan on 1 March,” the company said in a statement. “We apologise [...]

  • International Olympic Committee calls for Russia and Belarus ban

    February 28, 2022

    The International Olympic Committee (IOC) have urged sporting federations and organisations to “not invite or allow the participation of Russian and Belarusian athletes and officials in international competitions”. As part of a list of recommendations released today, the IOC Executive Board (EB) have said their motives relate to the inability of Ukrainians to compete as [...]

  • Russia closes airspace to 36 countries as leasing deals cease

    February 28, 2022

    Russia has retaliated against yesterday’s EU-wide closure banning the airlines of 36 countries from using its airspace. The move – which blocks access to its airspace to countries such as Italy, Germany and Canada – will force carriers to fly roundabout routes to south and south-east Asia, with countries such as Kazakhstan seeing numbers increase [...]

  • PM Boris Johnson calls on Fifa to expel Russia from World Cup

    February 28, 2022

    Prime Minister Boris Johnson has added his voice to calls for football chiefs Fifa to expel Russia from this year’s men’s World Cup. Fifa announced a range of sanctions against Russia on Sunday, including ordering them to play home games on neutral ground and under the banner of the Football Union of Russia. But the [...]

  • Russian government websites blocked in the UK

    February 28, 2022

     Russian government websites appear to be blocked in the UK, including the Civil Aviation Authority, as well as the Kremlin’s official site. City A.M. understands that when UK based browsers attempt to access these sites they are met with the following message: “Website not available. The website you requested cannot be accessed. It may work [...]

  • Ukraine: Number 10 urges City firms to drop all ties to Kremlin-linked companies

    February 28, 2022

    Number 10 has urged City firms to drop any associations with Kremlin-linked companies like Gazprom and Rosneft as the west ratchets up its economic sanctions against Russia. Boris Johnson’s official spokesman today told journalists that “no one should be supporting in any way or propping up in any way the efforts by Putin’s regime to [...]

  • Weaponizing SWIFT is bullish for crypto market

    February 28, 2022

    Weaponizing SWIFT - the global messaging system used by banks - could be good news for crypto, says Nigel Green.

  • Bitcoin’s fluctuations appear robust despite narrative of Ukraine crisis

    February 28, 2022

    Francisco Memoria takes a detailed look at events which affected the cryptocurrency markets throughout last week.

  • Kremlin blames Liz Truss for Putin’s decision to raise nuclear alert level

    February 28, 2022

    The Kremlin has blamed Liz Truss on Vladimir Putin’s decision yesterday to raise the country’s nuclear alert level. Putin put Russia’s nuclear forces on a “special regime of duty” yesterday, igniting fears of a global nuclear conflict. Putin’s spokesperson Dmitry Peskov today said: “There were unacceptable statements about possible conflict situations and even confrontations and [...]

  • Satellite firm Viasat investigates Ukraine broadband cyberattack following Russian invasion

    February 28, 2022

    Satellite communications firm Viasat said this morning that it would be investigating a suspected cyberattack that caused a partial outage in its residential broadband services in Ukraine and across Europe. The US-listed company said a third-party cybersecurity firm was looking into causes of an outage across KA-SAT network, which provides high-speed satellite internet coverage in [...]

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