Austrian banking group Raiffeisen, one among Russia’s final main Western lenders, on Thursday stated it was contemplating a “sale or spin-off” of its subsidiary within
Tag: western sanctions
EU still maintains business with Russia despite ‘toughest’ sanctions
With ten rounds of sanctions, since Russia invaded Ukraine in February final yr, the European Union has rolled out its hardest punishment ever in opposition
ECB pressures Austria’s Raiffeisen Bank to quit
The European Central Bank is urgent Austria’s Raiffeisen Bank International to unwind its extremely worthwhile business in Russia, 5 folks with information of the matter
Türkiye reportedly ceases shipments of sanctioned goods to Russia
The transit of Western-sanctioned items from Türkiye to Russia has been halted this month, a yr into the conflict in Ukraine and after rising objections
Türkiye claimed to halt transit of Western goods to Russia
Türkiye has appeared to halt the transit of sanctioned items by way of its territory to Russia, the Russian business paper Kommersant reported Thursday, citing
US’ Yellen says sanctions hurt Russia, G-7 discusses measures
U.S. Treasury Secretary Janet Yellen stated Thursday that sanctions have been hurting Russia, as she and different G-7 finance chiefs mentioned additional measures on the
Western brands pulled out of Russia, but their goods haven’t
Western manufacturers might have left Russia following its invasion of Ukraine, however their items haven’t. Trucks carrying Coca-Cola roll throughout the border into Russia, vacationers
Western sanctions yet to deliver ‘knockout’ to Russia’s economy
One month into the invasion of Ukraine, President Joe Biden stood within the courtyard of a grand Polish fort and laid out the punishing financial
Iran taps new central bank governor amid currency crash
Iran on Thursday appointed a brand new head of its central financial institution, in a transfer that got here after the forex crashed to its