Russia is holding off on dollar and euro trading altogether as a new round of sanctions kicks in
Russia’s main exchange said it’s halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a...
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Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow’s financial lifelines
The Wednesday party took place in Moscow.Getty ImagesRussia's Moscow Exchange halted dollar and euro trading on Thursday.That's after the US...
Ukraine and US sign 10-year security deal as G7 leaders pledge $75 billion loan package to Kyiv
In short: US President Joe Biden and Ukrainian President Volodymyr Zelenskyy have signed a 10-year agreement designed to bolster Ukraine's...
G7 strikes provisional deal on using Russian assets for $50B Ukraine loan – POLITICO
Governments still have to agree on the details of the scheme, leaving open the possibility that technical talks might drag...
G7 Leaders Reach ‘Political’ Deal On Ukraine Funds: US
G7 leaders agreed Thursday at a summit in Italy on a new $50 billion loan for Ukraine using profits from...
Russia suspends dollar, euro trade on flagship stock exchange
Russia halted trading in U.S. dollars, the euro and Hong Kong dollars on the country’s flagship stock exchange Thursday after...
European banks to provide over €600M in recovery funds for Ukraine – POLITICO
The money is intended primarily to support the most vulnerable, such as people who lost their homes as well as...
US-EU spat derails push for $50B Ukraine loan using Russian assets – POLITICO
Fresh from a bruising European election last weekend, French President Emmanuel Macron and German Chancellor Olaf Scholz will tell President...
The ECB has cut its key interest rate: So what? – POLITICO
Now, however, the banks will have to charge a little less interest on their loans. That means they might profit...
European banks are making heady profits in Russia
Days after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia....
