U.S. banks prepare for cyber attacks after latest Russia sanctions
By Elizabeth Dilts Marshall WASHINGTON – U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia …
russia
Oil could jump back above $100 as traders assess Russia SWIFT ban, analysts say
By Ahmad Ghaddar LONDON – A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to …
Japan joins U.S., others in excluding Russia from SWIFT system
TOKYO -Japan will join the United States and other Western countries in blocking certain Russian banks’ access to the SWIFT international payment system, Prime Minister …
Taiwan says chip companies complying with Russia export controls
TAIPEI – Taiwan’s semiconductor companies are complying with government export controls to Russia, put in place as part of sanctions on Moscow for invading Ukraine, …
Wizz Air suspends all flights to and from Russia temporarily
BUDAPEST – Wizz Air said on Sunday that it had suspended all flights to and from Russia temporarily. The airline added on its website that …
China so far not helping Russia evade Western sanctions – U.S. official
By David Lawder WASHINGTON – China so far does not appear to be helping Russia evade Western financial sanctions on Moscow over its invasion of …
Germany and Western allies agree cutting Russia out of SWIFT
BERLIN – Germany and its Western allies agreed to cut Russia out of the SWIFT global payment system, a spokesperson for the German government said …
UK PM Johnson says pressure building to cut Russia off from SWIFT
LONDON -British Prime Minister Boris Johnson said on Saturday that the world should cut Russia off from the global SWIFT payments system and said more …
EU nearing decision on cutting Russia off from Swift: French official
PARIS – Discussions among European Union members about excluding Russia from the Swift international payment system are close to reaching a successful conclusion, a French …
Twitter says its site is being restricted in Russia
By Elizabeth Culliford Twitter is being restricted for some users in Russia, the social media company said in a tweet on Saturday. On Friday, one …
Italy to support EU line on Russia sanctions, including on SWIFT – PM’s office
MILAN – Italy will support any European Union line on sanctions against Russia in response to Moscow’s invasion of Ukraine, including measures on the SWIFT …
France in favour of cutting off Russia from SWIFT – Ukrainian minister
– Ukrainian Foreign Minister Dmytro Kuleba said on Saturday French Foreign Minister Jean-Yves Le Drian had supported cutting off Russia from the global SWIFT payment …
Cutting Russia off from SWIFT a “matter of days” -euro zone central banker
PARIS – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of …
No immediate impact from Russia sanctions on bond index rebalancing – JPMorgan
LONDON – JPMorgan said there was no immediate impact from sanctions on Russia at the month-end rebalancing of its emerging market bond indexes. The indexes …
China’s Didi reverses course, will remain in Russia
BEIJING – Chinese ride-hailing giant Didi Global said on Saturday that it would continue to operate in Russia, reversing a decision announced on Monday that …
Momentum grows to ban Russia from SWIFT payment system
WASHINGTON – Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank …
Exceptions to U.S. curbs on Russia seen weakening impact
By Karen Freifeld – U.S. curbs on exports to Russia for invading Ukraine look tough at first glance, but exemptions on everything from mobile phones …
Russia Will Restrict Access To Facebook Over Alleged ‘Censorship’
A Russian regulator said Friday that the country would partially limit access to Facebook in response to the tech giant’s alleged restricting of Russian media …
UK calls on NATO leaders to use SWIFT payments system to hurt Russia
LONDON – British Prime Minister Boris Johnson called on leaders of NATO member countries on Friday to use the SWIFT international payments system to damage …
EBRD to weigh suspending access to resources for Russia, Belarus
LONDON – The European Bank for Reconstruction and Development (EBRD) said on Friday it would consider suspending Belarus and Russia’s access to its resources, among …
Russia to tap rainy-day fund as sanctions hit borrowing abilities
By Darya Korsunskaya and Andrey Ostroukh MOSCOW – Russia will use money from its rainy-day fund this year to replace shortfalls caused by a forced …
Decoupling Russia: the global economy’s new unknown
By Mark John – Western economic sanctions to punish Russia for its invasion of Ukraine heap a new set of unknowables on a global economy …
Russia says sanctions will make borrowing more expensive -economy minister
MOSCOW – Economy Minister Maxim Reshetnikov on Friday said Russia was studying the long-term implications of new sanctions and admitted that the measures imposed would …
Ukraine’s Kuleba discusses with Blinken need to use U.S. reach to ban Russia from SWIFT
– Ukraine’s foreign minister Dmytro Kuleba spoke with U.S. Secretary of State Antony J. Blinken via telephone about the need to use all U.S. influence …
Excluding Russia from SWIFT must be on the table – Netherlands
BRUSSELS – Excluding Russia from the global SWIFT system of interbank payments should be an option given the scale of Moscow’s invasion of Ukraine, Dutch …
Analysis-US sanctions on Russia serve China a sharp reminder of need for its own chips
By Josh Horwitz SHANGHAI – The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and …
Cutting Russia off SWIFT technically difficult – German govt spokesperson
BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions …
India explores setting up rupee trade accounts with Russia to soften sanctions blow – sources
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI – India is exploring ways to set up a rupee payment mechanism for trade with Russia …
Russia to widen trade, economic ties with Asia after Western sanctions
MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of …
French Finance Minister Le Maire: we want to isolate Russia financially
PARIS – French Finance Minister Bruno Le Maire said on Friday that the European Union wanted to isolate Russia financially, as he spoke alongside his …
Germany suspends Hermes export credit guarantees for Russia – Handelsblatt
BERLIN – Germany is making it more difficult for companies to do business with Russia by suspending Hermes credit guarantees for exports, daily Handelsblatt reported …
Ukraine central bank bans payments to Russia, Belarus
KYIV – Ukraine’s central bank has banned payments to entities in Russia and Belarus as well as operations involving both nations’ currencies, the regulator said …
Taiwan’s TSMC says to comply with export control rules on Russia
TAIPEI – Chipmaker TSMC is fully committed to complying with new export control rules, the company said on Friday, after Taiwan’s government said it would …
Exclusive-Ukraine calls on hacker underground to defend against Russia
By Joel Schectman and Christopher Bing – The government of Ukraine is asking for volunteers from the country’s hacker underground to help protect critical infrastructure …
ADM shuts Ukraine grains terminal, crush plant, other facilities after Russia invasion
– U.S. agricultural commodities trader Archer-Daniels-Midland Co said on Thursday it has shuttered its facilities in Ukraine, including an oilseed crush plant and a grain …
Russia cracks down on home front as its troops invade Ukraine
By Tom Balmforth MOSCOW – Police on Thursday detained more than 1,600 Russians who protested against Russia’s multi-pronged military operation in Ukraine, while authorities threatened …
Norwegian Cruise cancels sailings to Russia, Ukraine ports
– Norwegian Cruise Line Holdings Ltd said on Thursday Russia’s invasion of Ukraine has forced it to alter itineraries and cancel sailings to ports in …
Russia should not be cut off from SWIFT at the moment – Germany’s Scholz
BERLIN – Cutting off Russia from the SWIFT global interbank payment system should not be part of the second EU sanctions package against Russia that …
Ukraine’s forces no match for Russia in manpower, gear and experience
By Mark Trevelyan – Ukrainian forces are defending against an invasion on three sides by a Russian military that is bigger, better armed and steeped …
BlackRock says it is monitoring regulatory guidelines as Russia invades Ukraine
– BlackRock Inc said on Thursday it is “monitoring the guidelines issued by regulators” after Russia invaded Ukraine. Asked about the potential impact on its …
Explainer-Could Russia be frozen out of international payments?
By Tom Bergin LONDON – Russia’s invasion of Ukraine has stepped up pressure for tougher economic sanctions on Moscow, including potentially shutting the country out …
U.S., G7 allies meet after Russia invades Ukraine
By Andrea Shalal WASHINGTON – U.S. President Joe Biden met with his counterparts from the Group of Seven allies on Thursday morning to map out …
Ukraine lobbies U.S. officials for bans on Russia software, aviation -diplomat
By Raphael Satter – Ukraine’s government is lobbying the Biden administration to cut Russia off from U.S. software updates, to ban Russian flights, and to …
Ukraine urges countries to cut Russia off from SWIFT payments system
KYIV – Ukraine’s foreign minister on Thursday urged countries to ban Russia from the SWIFT global interbank payments system – one of the toughest non-military …
Standard Ethics cuts Russia sustainability rating to lowest rung
LONDON – Sustainability ratings agency Standard Ethics said on Thursday it had downgraded the rating of the Russian Federation after it invaded Ukraine. Standard Ethics, …
EU’s new sanctions on Russia will target industry, export controls – diplomat
BRUSSELS – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU …
Canadian dollar hits 2-month low as Russia attacks Ukraine
TORONTO – The Canadian dollar weakened to its lowest level since December against its U.S. counterpart on Thursday as Russia’s invasion of Ukraine triggered a …
European defence stocks rise as Russia invades Ukraine
By Danilo Masoni MILAN – European defence stocks were among the rare gainers in a falling market on Thursday on bets of bigger spending after …
Kremlin says Russia has enough tools to survive ’emotional’ market reaction
MOSCOW – Kremlin spokesperson Dmitry Peskov on Thursday said Russia has created enough safety tools to survive market volatility and said that the “emotional” financial …
Czech president: Russia should be cut off from SWIFT
PRAGUE – Czech President Milos Zeman, who had in the past promoted warm relations with Moscow, said on Thursday Russia’s attack on Ukraine was “crime …