The United States said Russia would be hurt if it seized the assets of foreign companies that are leaving the country, warning that it could expose itself to lawsuits from those companies. White House spokeswoman Jen Psaki reacted in a series of tweets to Russian President Vladimir Putin’s claim that Russia can manage the assets […]
Tag: Russia
Oil price rises, but heads for weekly loss on talks to unlock offer
Updated on 03/11/2022 08:34 am The oil prices They rose on Friday on continued concerns over Russia’s oil and energy supply problems, but were headed for their biggest weekly drop since November after several days of high volatility. Oil prices soared after Russia invaded Ukraine and hit their highest since 2008, but have pulled back […]
Ukraine denounces another attack on a hospital, according to WHO
The authorities of the city of Kharkov, in the northeast of Ukrainehave denounced a new attack against a health establishment, this time against a psychiatric hospital in which patients and staff were found, said this Friday the spokesman for the World Health Organization (who), Tarik Jasarevic. “If this turned out to be true, it would […]
Russian economy is a strength, but feel the hardships
Updated on 03/11/2022 03:40 am The sanctions hit the Russian economy hard. The ruble plummets, foreign companies flee and high prices are expected. The usual products could disappear from stores and middle-class achievements such as vacations abroad are in doubt. Beyond the short-term hardship, the economic stagnation that began long before the invasion of Ukraine. […]
Pimco could lose billions if Russia defaults on its debt
If Russia defaults on its debt, due to sanctions imposed by the US and Europe, it could take the fund manager Pimco down the road. Since he himself has a derivatives bet of at least $1.1 billion and owns $1.5 billion in Russian sovereign bonds, according to Joe Rennison and Brooke Masters in the Financial […]
Bloomberg editorial: How to counter Putin’s attack on the media
What is happening in Ukraine is a special military operation, not a war. Its goal is to free the country from a government dominated by neo-Nazis whose defenders use children as human shields. Vladimir Putin is a hero taking on Western powers obsessed with destroying Russia. This is the story that most Russians have received […]
US Congress Approves $14 Billion Budget for Ukraine
The Congress of United States approved a new federal budget for 2022 on Thursday with nearly $14 billion in aid for Ukrainewhich includes an economic and humanitarian component, but also weapons and ammunition. The text was voted by the senators of both parties at night. The House of Representatives had approved this aid the day […]
“Civilians are shot”: Ukrainian refugees denounce abuses by Russian troops
Some of the more than two million refugees who have left Ukraine and begun to scatter across Europe and beyond bear valuable testimony in making a case for alleged war crimes. Increasingly, those arriving at border crossings are survivors who have fled some of the cities hardest hit by Russian forces. “It was very creepy”said […]
US moves closer to oil countries with dubious reputations, after Russian invasion of Ukraine
Three disreputable oil regimes that have been spectacularly snubbed by President Joe Biden and previous US leaders – Venezuela, Saudi Arabia and Iran – are now being approached by Washington, at a time when world oil prices fuels reach alarming levels due to the Ukraine crisis. However, it is not clear whether US diplomacy will […]
Bank for International Settlements suspends Russian central bank
Updated on 03/10/2022 02:26 pm The Bank for International Settlements (BIS) suspended the Russian central bank, said a spokeswoman for this institution, considered the “bank of central banks”. The entity, which said it bowed to international sanctions, suspended the access of the banking establishment of the Russian Federation to “all BIS services”, including the “meetings” […]