Wall Street and European stocks rallied on Wednesday as oil, gas and aluminum prices soared due to the war in Ukraine. The New York stock market rose, encouraged in particular by the tone considered moderate in a speech by the president of the Federal Reserve (Fed), Jerome Powell, and the announcement of new talks between […]
Tag: Russia
Ukrainians ask Panama to join sanctions blocking deposits and the Canal to Russian ships
Several dozen Ukrainians demonstrated in Panama to repudiate the Russian invasion and asked the Panamanian State to join the international sanctions against Russia, such as closing the passage to its commercial or war ships and its capitals. Carrying Ukrainian flags and banners that read “Putin take your hands off UKRAINE” or “Go Home Putin”, the […]
Germany Seizes $600M Superyacht From Russian Oligarch Usmanov, Forbes Says
Updated on 03/02/2022 07:39 pm German authorities seized the superyacht owned by Russian oligarch Alisher Usmanov, a vessel valued at nearly $600 million, after the billionaire was sanctioned by the European Union (EU), Forbes reported. Usmanov is one of the Russian businessmen punished this week by the EU in response to the invasion of Ukraine, […]
China asked Russia to postpone the invasion for the Olympics, says the NYT
Updated on 03/02/2022 07:04 pm The Chinese government asked Russia in early February not to start the invasion of Ukraine until after the Winter Olympics held in China, according to The New York Times (NYT), citing US government sources and to a European government source. The newspaper notes that according to a “western intelligence report”, […]
World Bank announces suspension of aid programs in Russia and Belarus
Updated on 03/02/2022 06:27 pm The World Bank (WB) announced the immediate suspension of all its aid programs in Russia and Belarus, in response to the invasion of Ukraine. “Following the invasion of Ukraine and hostilities against the Ukrainian people, the World Bank Group stopped all its programs in Russia and Belarus with immediate effect”, […]
Secretary of the Treasury affirms that 80% of assets of Russian banks are sanctioned by the US.
Updated on 03/02/2022 06:24 pm The US Secretary of the Treasury, Janet Yellen, stated that 80% of the assets of Russian banks are “under the restrictions” of the department she directs, after the sanctions imposed by the invasion of Ukraine. Speaking at the Chicago Innovation Center, he noted that “between Sunday and Monday morning” The […]
Sanctions against Russia make it difficult for Venezuela to benefit from the rise in crude oil
The benefits that Venezuela would obtain with the rise in oil prices will be reduced as a result of international sanctions against Russia, after the invasion of Ukraine, since a large part of the payments received by the country go through Russia, explained economists specialized in the sector. . “There is a specific problem for […]
US announces sanctions on Russian military entities and Belarus
The United States announced sanctions on 22 entities related to the Russian defense sector and restrictions on the export of technology that Russia can use to refine oil. In addition, the US Department of Commerce extended to Belarus the export controls it has imposed on Russia, in order to “significantly degrade” Minsk’s ability to support […]
Explosion rocks Kiev train station as Russian advance stalls
An explosion rocked a train station in Kiev late Wednesday where thousands of women and children were being evacuated, Ukraine’s state railway company said, as the UN General Assembly demanded that Vladimir Putin end his invasion. An Interior Ministry adviser said the blast was caused by debris from a downed Russian cruise missile and not […]
The US accuses Russia of mobilizing in Ukraine weapons prohibited by the Geneva Convention
Updated on 03/02/2022 05:04 pm The US ambassador to the UN, Linda Thomas-Greenfield, accused Russia of mobilizing cluster bombs and other weapons prohibited by the Geneva Convention in its offensive in Ukraine. Thomas-Greenfield’s remarks come as Russian forces attack several Ukrainian cities while massing troops around the capital, Kiev. “It seems that Russia is preparing […]