News Russia Central: Russia just passed a law allowing its central bank to down drones
Russia's State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems. The law, passed Tuesday, also permits staff to be armed. Drone strikes are an ...
News Russia Central: Russia rolls out digital ruble as Kremlin tightens financial control
Starting Sept. 1, all 12 systemically important banks must process digital ruble transactions, and major retailers will also accept the currency as payment. “Technologically, everything is ready. We did a great deal of preparatory work before this stage,” Nabiullina said. It is unclear which other banks will work with the digital ruble. The Central...
News Russia Central: Here’s what a Russian invasion of Ukraine would mean for markets
As the threat of a Russian invasion of Ukraine remains on the radar, analysts and traders assess the ripples such an event would send through ...
News Russia Central: After crisis talks with Russia, the threat of war in Ukraine still looms. Here’s why.
Fears of a possible Russian attack on Ukraine have sharpened after no progress was made during talks in Europe seeking to deter Russia’s military buildup near Ukraine and convince Moscow to ...
News Russia Central: Russian central bank veteran Shvetsov to leave post in March
Sergei Shvetsov, the Bank of Russia's first deputy chairman, will leave his post on March 21, the central bank said on Friday.
