Washington to impose additional Russian sanctions on Monday following Novichok attack August 24, 2018 US sanctions on Russia, retaliation for the Salisbury nerve agent attack, are to take effect on Monday. Washington announced that it is to limit foreign assistance to humanitarian means only, terminate arms exports and prevent the issuance of credit from any US government entity. Items deemed sensitive to national security are also to be prevented [...]
Credit Suisse freezes £4bn linked to Russia after US sanctions August 22, 2018 Banking giant Credit Suisse has frozen 5.1bn Swiss francs (£4.02bn) linked to Russia following US sanctions. The Zurich-headquartered bank reported in its second quarter results that it had identified impacted client relationships and transactions to ensure compliance. It added that the sanctions compliance group is closely monitoring the developments. Read more: Russia hits out at ‘unacceptable’ US [...]
Trump hits back at Michael Cohen after implicating him in campaign finance crimes August 22, 2018 Donald Trump has hit back at his former lawyer Michael Cohen after he implicated the President in crimes relating to his campaign finance. Trump's former personally attorney admitted to breaking US campaign finance laws after paying off the President's alleged mistresses on Tuesday. He said that he had done so at the direction of “the [...]
‘Trump’s worst hour’: President in trouble as close allies fall foul of law August 22, 2018 The White House was thrown into disarray overnight as Donald Trump's former lawyer directly implicated the President in a crime involving hush money to pay off women. Trump’s former lawyer Michael Cohen admitted to breaking US campaign finance laws after paying off the President’s alleged mistresses, while ex-campaign manager Paul Manafort was also found guilty of [...]
Microsoft says Russia was behind several major US political group hacks August 21, 2018 Microsoft has warned that Russian state actors are ramping up cyberattacks ahead of the US congressional elections in November. The software giant said it had caught and shut down a number of web domains masquerading as websites belonging to the US Senate, two think tanks and its own cloud storage service in the last week. [...]
Polymetal earnings up 46 per cent following production at Kazakhstan gold mine August 21, 2018 Precious metals producer Polymetal reported an earnings increase of 46 per cent for the first half of the year after the opening of its gold mine in Kazakhstan boosted production. The Russian gold and silver producer said its net income rose to $175m year-on-year after production began at its Kyzyl mine in June. The company [...]
Hunt: EU must ‘get house in order’ to counter Russian threat to way of life August 21, 2018 Foreign secretary Jeremy Hunt is today set to call on the EU to “go further” when it comes to imposing sanctions against Russia, claiming that President Putin’s regime has “made the world a more dangerous place”. The secretary of state will note that allies must “get our own house in order” to meet new challenges posed [...]
Russia hits out at ‘unacceptable’ US sanctions and warns of retaliation August 9, 2018 Russia is planning retaliatory measures against sanctions imposed by the US over the poisoning of former spy Sergei Skripal, which caused the rouble to fall to its lowest level since November 2016 today. Foreign ministry spokeswoman Maria Zakharova said today that Moscow was starting to work on measures following Washington’s decision to impose sanctions, which [...]
Russia plans retaliatory measures against ‘categorically unacceptable’ Novichok sanctions as rouble tumbles | City A.M. August 9, 2018 Russia is planning retaliatory measures against sanctions imposed by the US over the poisoning of former spy Sergei Skripal, which caused the rouble to fall to its lowest level since November 2016 this morning. Foreign ministry spokeswoman Maria Zakharova said this afternoon that Moscow was starting to work on measures following Washington’s decision to impose [...]
USDTRY: Turkish lira sinks to new record lows amid geopolitical tensions | City A.M. August 9, 2018 The Turkish lira hit a fresh record low today against the US dollar amid heightened geopolitical tensions and continued uncertainty surrounding the regime’s response to the spiralling currency crisis. One dollar bought as many as 5.4487 lira in morning trading today, as the Turkish currency fell by more than two per cent, before recovering slightly. [...]