Ukraine is the victim of Europe’s refusal to wean itself off of Russian gas February 23, 2022 Either you master history or history masters you. Decades worth of political risk analysis can almost always be boiled down to this aphorism. In the case of Europe’s dealings with Valdimir Putin, rather than mastering history, Europe has vainly tried to take a holiday from it; we’re now watching the doleful results. First, let’s dispense [...]
Ukraine: Biden bans Russian state bonds from US markets in fresh sanctions February 22, 2022 Joe Biden has tonight blocked two large Russian financial institutions from operating in the US and has banned Russia from issuing new state bonds on American markets in fresh sanctions against Moscow. A number of Kremlin-linked oligarchs will also have their US assets frozen and face travel bans, with Biden saying in a White House [...]
Easyjet on track to rejoin FTSE100 February 22, 2022 Low-cost carrier Easyjet is on track to be added into the FTSE100, almost two years after falling from the index as a result of the pandemic’s economic impact. In an indicative review sent around today, benchmarking provider FTSE Russell reported the company’s potential addition to the index, adding the confirmation will be announced after market [...]
City investors spooked by Russian forces moving into Ukraine February 22, 2022 Russian forces moving into eastern Ukraine sent City investors looking for direction yesterday as London’s top indexes posted a mixed day. The capital’s premier FTSE 100 index added 0.13 per cent to reach 7,494.21 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.49 per [...]
Golden opportunity: Worried investors drive the rally February 22, 2022 Gold prices have rebounded this month, with the precious metal glittering in the gloom amid escalating tensions between Russia and the West.
Named and shamed in ‘global game of chess’: The Russian banks and businessmen the UK has imposed sanctions on February 22, 2022 Five banks named by Boris Johnson earlier today only have a small footprint in the UK, although the largest one Promsvyazbank did have ambitions to float on the London Stock Exchange a decade ago. The sanctions imposed on the five banks and three Russian businessmen are unlikely to have a significant effect on British businesses [...]
Wizz Air shares dip as airline continues to operate in Ukraine February 22, 2022 Shares of low-cost airline Wizz Air have dipped today, going down 1.43 per cent to close at 3,988p, as the company announced it will continue to operate in Ukraine despite the imminent threat of a Russian invasion. “Wizz Air is committed to continuing to fly to Ukraine and the country remains an important part of [...]
UK sanctions five banks in response to Russian ‘invasion’ of Ukraine February 22, 2022 The UK has sanctioned five Russian banks and three oligarchs close to the Kremlin in response to Vladimir Putin’s move last night to invade parts of Eastern Ukraine. Boris Johnson told MPs this afternoon that Rossiya Bank, IS bank, Genbank, Promsvyazbank and the Black Sea Bank have all been barred from trading in the UK [...]
Bitcoin sinks lower as Putin orders Russian troops to enter Ukraine February 22, 2022 Any hopes of a quick resolution to tensions on the Ukraine border were dashed last night, with Russian president Vladimir Putin ordering his military to enter eastern Ukraine.
Russia is overplaying its hand to try and force the West to give concessions February 22, 2022 AS world leaders plunge into an eleventh hour bid to talk Vladimir Putin down from the edge of a war with Ukraine, the fundamental misconceptions at the heart of Russia’s objectives in Ukraine must be dispelled in order to calibrate the right response. Russia wants a pro-Moscow administration in Ukraine without having to undertake a [...]