Category Archives:
Russia has internal replacement for SWIFT, cenbank says
(Reuters) - Russia has a system that can replace the SWIFT international payments system internally, Central Bank Governor Elvira Nabiullina said on Monday, stressing the need to support clients of ba...
Feb 28, 2022
Russian cenbank says it carried no FX interventions on Monday due to sanctions
(Reuters) - The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday due to the latest Western sanctions, Central Ban...
Feb 28, 2022
Looming FATF decision on dirty money list poses risks for UAE
By Lisa Barrington and Saeed Azhar DUBAI (Reuters) - A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid landing on a 'grey' watc...
Feb 28, 2022
Russia imposes sweeping flight bans on airlines from 36 countries
MOSCOW (Reuters) - Russia on Monday barred airlines from 36 countries including Britain, Germany, Spain, Italy and Canada from using Russian airspace in a retaliatory move after sweeping sanctions tar...
Feb 28, 2022
Maersk considers suspending all shipments to Russia
COPENHAGEN (Reuters) - Shipping group Maersk is considering suspending all container bookings in and out of Russia in preparation for sanctions and restrictions imposed against the country. "Our prepa...
Feb 28, 2022
Lordstown Motors expects to sell 500 Endurance pickup trucks in 2022
(Reuters) - Electric vehicle startup Lordstown Motors Corp said on Monday it expects to manufacture and sell about 500 Endurance electric pickup trucks this year. The company expects to sell as many a...
Feb 28, 2022
U.S. halts operations at embassy in Belarus, OKs evacuation from U.S. embassy in Moscow
WASHINGTON (Reuters) - Operations at the U.S. embassy in Minsk have been suspended and non-emergency employees and family members are authorized to voluntarily depart the U.S. embassy in Moscow, Secre...
Feb 28, 2022
Citing sanctions, Volvo suspends car shipments to Russia
BEIJING (Reuters) - Swedish automaker Volvo Cars said on Monday it will suspend car shipments to the Russian market until further notice, becoming the first international carmaker to do so as sanction...
Feb 28, 2022
U.S. officials: Sanctions likely to spike Russian inflation, hit purchasing power
WASHINGTON (Reuters) - Fierce economic sanctions imposed by the United States and its allies on Russia's central bank and other key sources of wealth are likely to drive Russian inflation higher, crip...
Feb 28, 2022
Airbus hits back at Qatar with $220 million A350 claim
By Tim Hepher PARIS (Reuters) - Airbus hit back in an escalating dispute with Qatar Airways over A350 jets on Monday, asking a British judge to award $220 million in damages over two undelivered airli...
Feb 28, 2022
Peoria, IL, USA
51 °F Fog
