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Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

© Reuters. FILE PHOTO: A picture illustration shows rolled Russian rouble banknotes on a table in Warsaw, Poland, January 22, 2016. REUTERS/Kacper Pempel By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against…

Ex-Trump aide says Michelle Obama would put Republicans in ‘a very difficult position’ if she ran for president in 2024

Ex-Trump aide says Michelle Obama would put Republicans in ‘a very difficult position’ if she ran for president in 2024

The conservative commentator Monica Crowley, a former Trump administration aide, on Saturday said that a presidential run by former first lady Michelle Obama would put Republicans in “a very difficult position.””If they [Democrats] were to run Michelle Obama, that would put us in a very difficult position because they’d reach for a candidate who is…

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Crypto Billionaires Boost Donations for Ukraine

The cryptosphere continues to mobilize for Ukraine after the Russian invasion. Digital currency donations to charities and the Ukrainian military continue to climb. Since Thursday, the first day of the invasion, more than $5 million in cryptocurrency has already been raised, according to last data rom blockchain analytics firm Elliptic.  “Cryptocurrency donations to the Ukrainian…

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Russia Could Use Crypto to Bypass Sanctions

Russia’s invasion of Ukraine prompted a barrage of financial sanctions aimed at isolating and punishing Moscow.  President Joe Biden, for example, has limited exports to Russia and imposed sanctions on Russian banks and other state-owned enterprises.  But neither the U.S. nor Europe has yet threatened to block Russia’s access to the SWIFT system, a consortium…

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Share to FacebookShare to TwitterShare to LinkedinTopline As the growing conflict between Russia and Ukraine hoists the S&P 500 into a correction and the tech-heavy Nasdaq index into bear-market territory, analysts are warning clients a brutal stock market selloff could intensify if the conflict escalates, but many are convinced the market pressure will be short-lived,…