BOSTON (AP) — Ukraine’s attempt to get Russia kicked off the internet failed, but a diverse group of experts proposes a more narrow approach to sanctioning the Kremlin for invading its neighbor: Consider creating a mechanism that could technically blacklist individual Russian military and propaganda websites. In an open letter released Thursday, the activists say…
(Reuters) – The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely unprecedented” economic war being waged against Moscow. The West has imposed sweeping sanctions against Russia over its invasion of Ukraine. “Our economy is experiencing…
By Gergely Szakacs BUDAPEST (Reuters) – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on Wednesday, in one of the first signs of the conflict hitting the broader economy in the region. Central Europe is facing the…
VERSAILLES, France (AP) — European Union leaders meeting in France on Thursday ruled out fulfilling Ukraine’s demand for a fast-track integration with the bloc, as they discussed ways to help the country that’s been invaded by Russia. EU nations have been fully united in backing Ukraine’s resistance, adopting unprecedented economic sanctions against Russia over the…
A look at the day ahead in markets from Sujata Rao After the U.S. S&P 500 index saw its biggest one-day gain since June 2020 and oil slumped 13%, it promises to be another eventful day. World stocks have seized on a meeting later on Thursday between the foreign ministers of Ukraine and Russia and…
BELGRADE, Serbia (AP) — For some European countries watching Russia’s brutal war in Ukraine, there are fears that they could be next. Western officials say the most vulnerable could be those who aren’t members of NATO or the European Union, and thus alone and unprotected — including Ukraine’s neighbor Moldova and Russia’s neighbor Georgia, both…
By Tim Hepher, Engen Tham and Carolyn Cohn PARIS/SHANGHAI/LONDON (Reuters) -Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian airlines have received mostly radio silence as experts warn of legal wrangling that could last a decade. Western bans imposed after Russia’s invasion of…
By Praveen Menon and Sam Nussey (Reuters) – Rio Tinto became the first major mining company to cut ties with Russian businesses and Japan’s Sony and Nintendo suspended deliveries of their gaming consoles, joining a global corporate exodus from Russia over its invasion of Ukraine. Japanese construction machinery supplier Hitachi said it would stop exports…
By Simon Jessop, Ross Kerber and Karin Strohecker LONDON (Reuters) – For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China’s treatment of the Uyghurs, Russia’s invasion of Ukraine is proving a wake-up call. Buying into companies on the basis of environmental, social and governance (ESG) factors is…
By Sinead Cruise and John O’Donnell LONDON/FRANKFURT (Reuters) -France’s largest bank BNP Paribas has cut off its Russia-based workforce from its internal computer systems as it seeks to bolster its defences against any potential cyber attack, a source with direct knowledge of the matter told Reuters. The French lender, believed to be the first major…
