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2022

  • AP
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500,000+ refugees have fled Ukraine since Russia waged war

The Cheap InvestorFebruary 28, 2022February 28, 20220

BEREGSURANY, Hungary (AP) — The mass exodus of refugees from Ukraine to the eastern edge of the European Union showed…

Russia's Sberbank In Europe Faces Closure After Savers Demand Money
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  • Reuters

Russia’s Sberbank In Europe Faces Closure After Savers Demand Money

The Cheap InvestorFebruary 28, 20220

By Tom Sims and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -The European arm of Sberbank , Russia’s biggest lender, faces failure, the…

Oil Soars As Russian Energy Supply Fears Intensify
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  • Reuters

Oil Soars As Russian Energy Supply Fears Intensify

The Cheap InvestorFebruary 28, 20220

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked…

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Live updates: France preparing to seize Russian assets

The Cheap InvestorFebruary 28, 2022February 28, 20220

The latest developments on the Russia-Ukraine war: PARIS — French Finance Minister Bruno Le Maire says France is getting ready…

Russia To Retaliate Against Sanctions On Aviation Industry, Kremlin Says
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  • Reuters

Russia To Retaliate Against Sanctions On Aviation Industry, Kremlin Says

The Cheap InvestorFebruary 28, 20220

MOSCOW (Reuters) – Moscow will retaliate against Western sanctions targeting Russia’s aviation industry over the invasion of Ukraine, Kremlin spokesperson…

Hundreds Of Russia Plane Leases To Be Axed After EU Sanctions
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  • Reuters

Hundreds Of Russia Plane Leases To Be Axed After EU Sanctions

The Cheap InvestorFebruary 28, 20220

By Jamie Freed and Alexander Cornwell (Reuters) -Lessors are set to terminate hundreds of aircraft leases with Russian airlines following…

HSBC Orders Staff To Drop Russian Banks VTB, VEB - Memo
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HSBC Orders Staff To Drop Russian Banks VTB, VEB – Memo

The Cheap InvestorFebruary 28, 20220

By Carolyn Cohn and Saeed Azhar LONDON (Reuters) – British bank HSBC is beginning to wind down relations with a…

ECB Says Sberbank Likely To Fail; Germany Drops Russia Issuers
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  • Reuters

ECB Says Sberbank Likely To Fail; Germany Drops Russia Issuers

The Cheap InvestorFebruary 28, 20220

By Tom Sims and Alexandra Schwarz-Goerlich FRANKFURT (Reuters) -The European Central Bank on Monday warned that Sberbank Europe, a subsidiary…

Sberbank Opens Additional Reserve Line For Units In Belarus, Kazakhstan
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  • Reuters

Sberbank Opens Additional Reserve Line For Units In Belarus, Kazakhstan

The Cheap InvestorFebruary 28, 20220

MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Monday said it had opened an additional reserve line for its subsidiary…

Panasonic To Begin Mass Producing New Tesla Battery By End-March
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  • Reuters

Panasonic To Begin Mass Producing New Tesla Battery By End-March

The Cheap InvestorFebruary 28, 20220

TOKYO (Reuters) -Panasonic Corp said on Monday it will begin mass production of a new lithium-ion battery for Tesla Inc…

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