Goldman Sachs slashes credit exposure to Russia
Goldman Sachs Group Inc (GS.N) reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a Continue Reading
EU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply Shock
At the conclusion of its Monday meeting, the European Union has said it will not heed Russian demands to pay for gas in rubles, with a mid-May deadline for payment Continue Reading
Finland Cancels Nuclear Deal With Russia Ahead Of NATO Decision
Finland has canceled its contract with Russian state-owned power giant Rosatom for a new nuclear power plant over the war in Ukraine. Fennovoima, a Finnish-led consortium, said on Monday it Continue Reading
Russian gas deliveries via Ukraine hit 5-month high
Daily nominations, or requests, for Russian gas deliveries through Ukraine into Europe via the Slovakian border point of Velke Kapusany rose to their highest since the end of November on Continue Reading
Russia Turns on Spending Taps to Blunt Economic Impact of War and Sanctions
Inflation has surged in Russia as sanctions ratcheted up the price of imports. Russia is assembling an economic relief package equivalent to tens of billions of dollars to soften the Continue Reading
Putin’s war prompts Russian tech workers to flee country in historic numbers
In his two-bedroom Moscow apartment, 35-year-old start-up wizard Pavel Telitchenko spent years mulling a move from Russia, fearing the gradual rise of a police state. Then, three days after the Continue Reading
Hacktivists and cybercriminals wreak havoc in Russia
For more than a decade, U.S. cybersecurity experts have warned about Russian hacking that increasingly uses the labor power of financially motivated criminal gangs to achieve political goals, such as strategically Continue Reading
Ukrainian Official Outlines Intentional Ambiguity on Strikes Inside Russia
A fuel depot in Russia burst into flames, moments after surveillance video captured the bright streaks of rockets fired from low-flying helicopters. A fire broke out at a military research Continue Reading
Russia makes last-gasp dollar bond payments in bid to avoid default
Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite previously vowing Continue Reading
U.S. sees no threat of Russia using nuclear weapons despite rhetoric- official
The United States does not believe that there is a threat of Russia using nuclear weapons despite a recent escalation in Moscow’s rhetoric, a senior U.S. defense official said on Continue Reading