January 2 2023 🕓 2 min
Russia blocks $488 million worth of Linde assets
Another massive business toll tied to the recent wave of G7 sanctions on Russia.
Tag: sanctions
November 26 2022 🕓 4 min
Should central banks invest in Bitcoin? Harvard paper suggests so
A Harvard paper published by Matthew Ferranti suggests central banks could use Bitcoin as a hedge asset, which has undeniable pros.
May 7 2022 🕓 2 min
Oil continues in surge after EU ban talks
Oil continues in price surge after EU ban talks on Russian oil, which are planned as part of sanctions toward this country.
April 17 2022 🕓 2 min
Russian oil industry slows down
The Russian oil industry is already showing signs of slowing down as Western buyers shun Russian oil. Moscow tries to compensate it in Asia.
April 12 2022 🕓 2 min
The Russian economy is facing a massive downturn
Russia's economy could shrink by 10 percent this year, the biggest drop in gross domestic product since 1994.
February 27 2022 🕓 4 min
The “financial nuclear weapon” – what is SWIFT and how can its sanctions affect Russia
The recent events connected to the invasion of Ukraine by Russia spurred a debate about SWIFT ban for Russia as one of the sanctions.