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Banking

EU to prepare ground for sanctions on Niger coup leaders – Borrell

The EU High Representative for Foreign Affairs and Security Policy Josep Borrell speaks next to Spain's Minister of Defence Margarita Robles (not pictured) at a press conference during the informal EU ministerial meeting on defence in Toledo, Spain August 30, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsTOLEDO, Spain, Aug 30 (Reuters) - The European Union is moving ahead with the legal groundwork to impose sanctions on members of a junta that seized power in Niger last month, EU foreign policy chief Josep Borrell said on Wednesday.In deciding on sanctions, the...
Currencies

US charges two founders of sanctioned virtual currency mixer Tornado Cash with money laundering

Aug 23 (Reuters) - The United States on Wednesday indicted Roman Semenov and Roman Storm, two co-founders of the virtual currency mixer Tornado Cash, for their involvement with the banned outfit and related laundering of up to $1 billion in criminal proceeds.Storm, a naturalized U.S. citizen who lives in Washington state, was arrested on Wednesday, while Semenov - a Russian national - is yet to be taken into custody, the U.S. Attorney's Office in New York said in a statement.The criminal charges against both men, which include conspiracy to commit...
Banking

Russia prepares decree to unfreeze and swap assets with foreign investors

A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank of Russia". REUTERS/Shamil Zhumatov/File Photo Acquire Licensing RightsAug 23 (Reuters) - Russian authorities are working on a draft presidential decree to give the country's retail investors a way to unblock their frozen assets held in overseas accounts and sell them to foreign parties, the central bank said on Wednesday.International sanctions against Moscow over its invasion of Ukraine have blocked many Russian investors' access to securities held in jurisdictions outside the...
Finance

UK says a supersonic Russian bomber likely to have been destroyed in drone attack

FILE PHOTO: A Tu-22M3 bomber performs during the "Aviadarts" military aviation competition at the Dubrovichi range near Ryazan, Russia, August 2, 2015. REUTERS/Maxim Shemetov Acquire Licensing RightsAug 22 (Reuters) - British military intelligence said on Tuesday that a weekend drone attack on an airfield deep inside Russia which Moscow blamed on Ukraine is highly likely to have destroyed a nuclear-capable TU-22M3 supersonic long-range bomber.Kyiv, which on Monday claimed to have attacked another Russian military airfield, says Russia has used the TU-22M3 to bomb targets across Ukraine with conventional munitions. Western...
Pension

Polish government draws up questions for voters, opposition calls foul

Polish Prime Minister Mateusz Morawiecki attends the European Union leaders summit in Brussels, Belgium June 29, 2023. REUTERS/Johanna Geron/File PhotoWARSAW, Aug 14 (Reuters) - The Polish government wants to pose questions to voters during a Oct. 15 election that will include whether Poland should take in "thousands of illegal immigrants", a move rivals say aims to swing the vote by misleading voters about opposition policies.The ruling nationalist Law and Justice (PiS) party said it had finalised four questions for what says is a referendum to coincide with the vote, covering...
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