Tag Archives: Moscow

The US dollar began the trading week with negative performance, extending its Friday’s decline at the opening, but the dollar gradually edged higher as the day went by. The American currency closed with modest gains against most major rivals while traders and investors are eying significant events scheduled later in …

European Union leaders agreed in principle on Monday to cut oil imports from Russia by 90 percent by the end of this year, ending a standoff with Hungary over the bloc’s toughest sanctions yet on Moscow since the invasion of Ukraine three months ago. Diplomats said the agreement would pave …

PepsiCo Inc and Coca-Cola said on Tuesday they are suspending sales of their sodas in Russia, to be the latest addition to a long list of high-profile Western consumer brands to taper, suspend or curtail their operations in Russia in the aftermath pf following the invasion of Ukraine.Coca-Cola said its …

Civil aviation experts of Aerodynamic highlighted the intriguing story of Aeroflot 401 as an important example of an in-depth discussion on Russia, Ukraine and the impact of the ongoing war on global air transport.Aeroflot Flight 401 had taken off at night, in the pre-dawn hours of March 3, and quickly …

The United States is open to imposing sanctions on Russia’s oil and gas industry but going after its exports now could help Moscow, the White House said on Wednesday as oil prices touched eight-year highs and supply disruptions mounted.The White House is considering hitting Moscow’s vast energy sector over Russia’s …

The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …

Stocks in Europe were sharply lower, but the S&P 500 rebounded after an early decline. Energy markets swung wildly, and shares in Moscow collapsed. Oil prices and global stock markets swung wildly on Thursday after Russia launched an invasion of Ukraine, raising fears of a wider economic crisis that could …

Russian government spokesperson Dmitry Peskov said on Thursday that Moscow is willing to negotiate the terms of Ukraine’s surrender. Peskov said that Russian President Vladimir Putin is ready to talk with Ukrainian President Volodymyr Zelensky if Ukraine agrees to compromise on Russia regarding its “red lines”. These include that Ukraine …

Concerned About Russia-Ukraine WarUS shares were down for a fourth consecutive session on Wednesday fears about a full-scale Russian invasion of Ukraine continued to rise.The S&P 500 fell back under the 4300 level and hit fresh monthly lows under 4260, with bears eyeing a test of annual lows around 4222. …

Ukraine-Russia conflict continued to dominate the headlines and fueled demand for safe-haven assets, although speculative interest stood away from the greenback. Major pairs remained stable within familiar levels after both countries blamed each other for some shelling that took place early on Thursday in the Donbass territory.The situation escalated as …