News Russia Financial analytics: Ruble-Backed Stablecoin A7A5 Is Significantly Impacting Russia’s Crypto Sector : Analysis
In the ecosystem of blockchain and cryptocurrency, a new entity has emerged and is making a significant impact: A7A5, a Russian ruble-pegged stablecoin that has gained traction, now reportedly ...
News Russia Financial analytics: Are Western sanctions against Russia working?: ANALYSIS
Experts told ABC News it's unlikely they'll have a significant impact. The Biden administration rolled out its largest-ever round of sanctions against Moscow on Friday, amplifying attempts to use the ...
News Russia Financial analytics: At least 188,000 workers in Russia are still being paid by big Western companies, analysis finds
Scores of Western multinationals say they've pulled out of Russia but an FT analysis suggests thousands of workers there remain on Western payrolls.
News Russia Financial analytics: US oil production grows, but Russia’s war keeps gas prices high
Prices spiked following Russia’s invasion of Ukraine as the West turned away from Russian oil — cutting supply by about 3 million barrels per day, according to early estimates.
News Russia Financial analytics: Russia exit will cost London Stock Exchange £60 million
Turning its back on Russia will cost the London Stock Exchange Group an estimated £60 million this year, the company admitted today. LSEG said pulling out of Russia and dumping Russian businesses from the market would knock revenues by an estimated £60 million in 2022. The biggest impact comes from suspending its data and analytics services but the company has also suspended over 40 Russian businesses with listings in London since the invasion of Ukraine.
News Russia Financial analytics: Analysis-As Russia faces potential default, investors weigh legal options
As Russia teeters on the brink of a historic default, foreign investors in the country's debt have few palatable options to recover their money: bet on costly legal action, trust bilateral agreements will stand, or sit on their hands. Foreign creditors would typically try to band together to negotiate, go to court or in some cases seek arbitration in cases of default, but Western sanctions in the wake of Moscow's invasion of Ukraine and the peculiarities of Russian sovereign bonds make those options hard at the moment, lawyers said. Some $40 billion of Russian sovereign debt issued in dollars and euros is outstanding, with about half of that held by foreigners.
News Russia Financial analytics: Analysis-U.S. Rallies a United Front Against Russia as Putin Seeks Cracks
A week of diplomacy by U.S. President Joe Biden failed to defuse tensions between Russia and Ukraine, but has maintained unity with European allies against Moscow as Russian President Vladimir Putin ...
