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  • Russian finance ministry splits from Central Bank over crypto

    February 21, 2022

    Russia is preparing to regulate the use of digital assets with a new crypto bill, despite Central Bank calls for an outright ban.

  • Crypto Exchanges compete in Super Bowl Debut as JPMorgan Enters Metaverse

    February 21, 2022

    The price of Bitcoin dropped this week amid fears a Russian invasion in Ukraine could spark large-scale military conflict.

  • U.S. plans to sever ties with Russian banks if Ukraine is invaded

    February 21, 2022

    The US has lined up a package of sanctions to slap on Russian financial institutions in the event of an attack on Ukraine, including barring US financial firms from processing transactions for major Russian banks.

  • While looking for Brexit opportunities: Jacob Rees-Mogg profits directly from Chinese pharma and Russian gas investments

    February 21, 2022

    The government’s new minister for Brexit opportunities, Jacob Rees-Mogg, is directly profiting from significant investments in a pharmaceutical company in China as well as a Russian gas company, according to reports. Somerset Capital, in which Rees-Mogg holds a 12 per cent stake, reportedly invested £5.7m on behalf of clients in a company that potentially faces [...]

  • Biden agrees to meeting with Putin while 7,000 more Russian troops arrive on border with Ukraine

    February 21, 2022

    US president Joe Biden has agreed “in principle” to a meeting with Vladimir Putin, provided Russia holds off on what American officials believe is an imminent assault on Ukraine. White House press secretary Jen Psaki said the US administration has been clear that America is “committed to pursuing diplomacy until the moment an invasion begins”. [...]

  • Disbelief Home Office is scrapping ‘Golden visas’ for wealthy foreign as scheme raked in £17bn

    February 21, 2022

    Industry experts have responded with disbelief to last weeks’ news that the Government is set to scrap a visa scheme that offers investors fast-track residency in the UK as ministers come under mounting pressure to sever economic ties with Russia. The fast-track investor scheme, introduced in 2008, was designed to tempt wealthy investors from outside [...]

  • Letters: Back to the history books on the energy crisis

    February 21, 2022

    [Re: We must end our dependency on Russia’s gas and embrace renewable, Feb 18] For an escalation to have a large and lasting impact on markets beyond Russia and Ukraine, it would probably have to result in a significant hit to energy supply (something which did not happen after the annexation of Crimea). In fact, [...]

  • Lufthansa suspends all fights to Ukraine amid invasion fears

    February 20, 2022

    Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow.  The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]

  • Gazprom’s European gas supplies drop to decade low amid fractured unity over sanctions

    February 20, 2022

    Gazprom's European gas supplies has fallen to 10-year lows, while Germany and Italy fret over sanctions reducing their energy reserves.

  • Russian invasion of Ukraine ‘very, very likely and very, very imminent’, says minister

    February 20, 2022

    A Russian invasion of Ukraine is “very, very likely and very, very imminent”, Europe minister James Cleverly has said. Cleverly said today that “at the moment, an attack, an invasion seems far more likely than unlikely but we will continue to work to try and avert that”. Boris Johnson last night said Russia was planning [...]

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