The MosBirch index collapsed by 7.4% in trading on Monday, February 21, to the level of 3143 points. It traded below 3,200 points for the first time since January 24. The RTS index fell 8.4% to 1,273.9 points. The index fell below 1200 points for the first time since January 25. Meanwhile, the dollar exchange […]

The UK has promised to impose sanctions on Russia, which it warned could invade Ukraine in the near future. London condemned President Vladimir Putin’s recognition of two rebellious regions in eastern Ukraine, calling the decision a violation of international law. British Prime Minister Boris Johnson offered military support in a conversation with Ukrainian President Volodymyr […]

The White House said U.S. President Joe Biden has signed an executive order that bans investment and trade between U.S. persons and the self-proclaimed Donetsk and Luhansk People’s Republics, whose independence was recognized by Russia on Monday. Biden’s order calls for a ban on “new investments” by a U.S. citizen, wherever located, and “the importation […]

The Russian president has instructed Russia’s armed forces to “carry out… peacekeeping functions” on the territory of the previously recognized self-proclaimed Donetsk and Luhansk people’s republics in eastern Ukraine, according to the text of the decrees published on Monday night. The decrees say that the armed forces will perform these functions until the conclusion of […]

The UK is imposing sanctions against five Russian banks, as well as personal sanctions against Gennady Timchenko and the Rotenberg brothers. This was announced by the Prime Minister of the country Boris Johnson, writes “Vedomosti”. By this point it is known that London has decided to freeze the assets of the Black Sea Bank for […]

The White House views Russia’s latest moves as the beginning of an “invasion” of Ukraine, U.S. Deputy Assistant to the President for National Security Jonathan Feiner said, Politico reports. “We think this is, yes, the beginning of an invasion, Russia’s latest invasion of Ukraine,” Feiner told CNN. Russia will not deploy troops to the Donetsk […]

Former Russian President Dmitry Medvedev is projecting Europe’s gas price to rise to 2,000 euros per thousand cubic meters following Germany’s announcement to freeze certification of the new Nord Stream-2 pipeline. “German Chancellor Olaf Scholz has ordered a halt to the certification of the Nord Stream-2 pipeline. Well. Welcome to the new world, where Europeans […]

The number of detected cases of coronavirus infection in the world reached 428 million 285 thousand 196 as of Wednesday morning, according to data from the Worldometer portal, which specializes in statistics on major world events. Since the virus began spreading, 5 million 925,485 people have died worldwide after contracting COVID-19. Countries with more than […]

More and more people believe that Bitcoin may soon replace gold as a safe haven against the depreciating dollar. Of course, this is just speculation, but it is curious to see how enthusiastic people are about Bitcoin. Aside from the fact that there are many digital coins (assets), what makes Bitcoin unique is that its […]

The Russian Ministry of Finance has announced measures to strengthen stability in the Russian government debt market. “In order to help strengthen stability in the Russian debt market, decisions on the need to hold auctions on OFZ placement in the coming weeks will be made taking into account market conditions. At the same time, the […]

The U.S. dollar and the euro are growing during the afternoon trading on the Moscow Exchange; the ruble, after a moderate growth in the morning, went to decline amid persistent geopolitical and sanctions risks. The U.S. dollar exchange rate amounted to 79.4050 rubles at 12:47 Moscow time, which is 60.50 kopecks above the closing level […]

Western powers have responded to Russia’s intervention in Eastern Ukraine by imposing sanctions, but stocks should open higher as investors reacted positively to the measured nature of the reaction. Inflation in the eurozone remains elevated, meaning the European Central Bank will soon join the Bank of England in making difficult monetary policy decisions. Here’s what […]

Moscow will give a strong response to the new US sanctions against Russia, the Russian Foreign Ministry has said “There should be no doubt – there will be a strong response to the sanctions, not necessarily symmetrical, but calibrated and sensitive for the American side,” the Foreign Ministry said in a statement. On Tuesday, US […]

The United States has imposed sanctions on two of Russia’s largest financial institutions and a number of Kremlin-linked individuals after Russian troops invaded Ukraine, confirming the West’s worst fears. The sanctions will affect Russia’s largest state-owned banks – Sberbank and VTB, Otkritie Financial Corporation, Sovcombank and Novikombank and their subsidiaries. VTB and the three banks […]

Russia is intent on taking all of Ukraine, but the Russian army failed to make meaningful gains on the first day of the invasion, British Defense Secretary Ben Wallace said Friday. Russia failed to take any of its main targets, Wallace said. Britain estimates that Russian Federation has lost more than 450 military personnel, he […]

Russian troops continue to close in on Kiev, Ukraine’s capital, as Moscow defied new sanctions imposed by Western powers. European stock indexes rebounded, but the market on Wall Street will open lower ahead of a flood of economic data that could guide the Federal Reserve at next week’s monetary policy-setting meeting. Crude oil prices stabilized […]