The United States Treasury Department said on Monday that the country has banned all US transactions with Russia’s central bank effective immediately.
“This action effectively immobilises any assets of the Central Bank of the Russian Federation held in the United States or…
The EU on Sunday announced swingeing new sanctions against Russia over its invasion of Ukraine, closing its airspace to Russian aircraft and banning Russian state media outlets broadcasting in the bloc.
EU chief Ursula von der Leyen, announcing the measures, also said the…
NATO Secretary-General Jens Stoltenberg called Russian President Vladimir Putin’s threats of using nuclear defense systems “dangerous rhetoric.”
“This is dangerous rhetoric. This is behavior which is irresponsible,” Stoltenberg said on CNN’s “State of the Union.”
“If you combine this rhetoric with what they’re…
Two Chinese state-owned banks will restrict financing for Russian commodity purchases, suggesting there are limits to Beijing’s support for Moscow as the Kremlin confronts severe economic sanctions over its attack of Ukraine.
Offshore units of Industrial & Commercial Bank of China have…
Bitcoin, the world’s largest cryptocurrency, has lost $33.19bn in market capitalisation as its trading price slipped to $35k in the wake of Russia’s invasion of Ukraine.
News of Russia’s ‘special military operation’ in Ukraine has sent the crypto market spiralling down, tumbling along…
Google on Saturday became the latest US tech giant to prevent Russian state media from earning money on its platforms in response to Moscow’s invasion of Ukraine.
It follows similar moves by its YouTube subsidiary and Facebook.
“In response to the war in…
Kaycee Madu is out as Alberta’s justice minister after an investigation found he attempted to interfere with the administration of justice.
An inquiry was launched in January following revelations that Madu had telephoned Edmonton police Chief Dale McFee to discuss a $300…
The UK government on Friday ordered all assets of President Vladimir Putin and his Foreign Minister Sergei Lavrov frozen over Russia’s invasion of Ukraine.
The Treasury issued a financial sanctions notice against the two men, adding them to a list of Russian…
Russian President Vladimir Putin announced a military operation in Ukraine on Thursday with explosions heard soon after in the capital and other parts of the country, prompting outrage from Joe Biden who warned of a “catastrophic loss of life”.
Weeks of intense…
The Nigerian government has sued the US bank JP Morgan Chase in a London court for ‘gross negligence’ in its controversial sale of Oil Prospecting Licence (OPL) 245, an oil field reputed to be one of Africa’s biggest, worth about $1.3 billion.…