Tag Archives: Russia

(Bloomberg) — U.S. equity futures slid Monday, while bonds and commodities including oil rose, amid heightened market uncertainty after Western nations unveiled harsher sanctions on Russia for the invasion of Ukraine. Most Read from Bloomberg S&P 500 contracts and those for the technology-heavy Nasdaq 100 were down over 2%. European futures declined 4%. Oil and palladium jumped, with Brent crude again vaulting above $100 a barrel. Rallies in a dollar gauge, gold and Treasuries underlined the… Source link

As the U.S. and its allies impose punishing sanctions against Russia for its invasion of Ukraine, government agencies and businesses may face retaliatory cyberattacks. Russia is a formidable opponent in the cyberwarfare space, as evidenced by its ability to disrupt Ukraine’s power grid in 2015 and 2016. Still, the U.S. has just as much firepower. Need proof? Look no further than the American and Israeli computer worm known as Stuxnet that took out an Iranian uranium enrichment facility in… Source link

Last month, Valentyna Kostyantynovska heard the building drumbeat toward Russia’s invasion of Ukraine and decided to join the defense forces. She figured that the only way her homeland stood a chance against such overwhelming force was if everyone chipped in. And by everyone, she meant everyone. Even someone such as herself, a 79-year-old from Mariupol, located along the Sea of Azov which is connected to the Black Sea. “I cannot do much,” Kostyantynovska told Reuters. “I can help the… Source link

President Joe Biden announced a second round of “strong” and “profound” economic sanctions against Russia on Thursday after the country’s brazen invasion of its neighbor, Ukraine. Experts question the effectiveness of meting out the types of economic punishments now issued against Russia, noting that the country may find ways to work around them and that sanctions have done little to curb President Vladimir Putin’s actions in the past. Moreover, Russia has the support of the world’s… Source link

Last month, when the U.S. State Department began urging American citizens to leave Ukraine, Jerome Randle’s phone started buzzing incessantly. Friends and family in America would send Randle media reports detailing Russia’s extraordinary military buildup along its border with Ukraine. They then begged the Chicago native to pack up his belongings and return home before it was too late. “At least 50 people must have hit me up,” Randle, 34, told Yahoo Sports. “They were all saying,… Source link

As Russia launches a war against Ukraine, the Nasdaq Composite (^IXIC) — down more than 3% at Thursday’s open — mounted a furious comeback, with megacap stocks Microsoft (MSFT) and Alphabet (GOOGL, GOOG) doing much of the heavy lifting. However, the eight largest U.S. publicly traded companies have hemorrhaged over $2 trillion in market capitalization since their combined value peaked in mid-November. According to one Wall Street strategist, the geopolitical maelstrom may give… Source link

The International Energy Forum called on world leaders Thursday to avoid supply disruptions that would only drive oil prices higher in the wake of Russia’s invasion of Ukraine.  “We urge producer and consumer countries to have a sensitive focus on energy market stability and prevent any disruption to supplies that could lead to further increased prices and heightened volatility,” Joseph McMonigle, secretary general of the International Energy Forum (IEF), said in a statement. The… Source link

Russia’s attack on Ukraine is fueling geopolitical risk that may push the Federal Reserve away from a more aggressive interest rate increase in March. Fed officials, who are still eager to begin the process of paring back pandemic-era easy money policies, say they are monitoring any spillover effects of the conflict onto U.S. economic activity. “These create a lot of uncertainty and uncertainty, as we know, is a demand shock,” San Francisco Fed President Mary Daly told reporters on Feb…. Source link

WASHINGTON — “You have to understand, George. Ukraine is not even a country.” Those were the jarring — and, it would turn out, prescient — words uttered by Russian strongman Vladimir Putin in 2008, during a meeting with then-President George W. Bush. It was an unambiguous assertion of ownership over a sovereign nation, an assertion that has particular resonance 14 years later, as Putin has just recognized the independence of two Ukrainian regions and sent troops to bolster… Source link

Russia’s actions against Ukraine may lead it to being even more isolated from the rest of the world, which could have damaging effects on its economy, warns one veteran policy strategist. “They will be more isolated than ever. Countries will not want to do deals with them. I think the pariah label will stick for quite a while,” said Greg Valliere, AGF chief U.S. policy strategist, on Yahoo Finance Live. On Monday, Russian President Vladimir Putin ordered the deployment of Russian troops to two… Source link