Tag Archives: Russia

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

In addition to the severe sanctions that Joe Biden has promised, the White House says it’s ready to deploy another economic weapon if Vladimir Putin goes ahead with his planned invasion of Ukraine. That weapon, the Export Administration Regulations (EAR), allows the Biden administration to ban foreign and domestic companies from exporting products like high-tech semiconductors to Russia. Many questions remain about how effective the rule would be at penalizing Russia. However, the U.S. has… Source link

The facade of a Google office is seen in New York City, New York, U.S., February 10, 2022. REUTERS/Paresh Dave Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 17 (Reuters) – A Moscow court on Thursday said it had fined Alphabet’s Google (GOOGL.O) 3.5 million roubles ($46,000) for failing to delete content Russia deems illegal, the latest in a string of fines for the U.S. tech giant. Google did not immediately respond to a request for comment. ($1 = 75.7861 roubles)

Deal allows Yandex to create new 24/7 NHL channel Internet services provider says its coverage has increased NHL interest in Russia The National Hockey League (NHL) has signed a multi-year extension of its Russian broadcast partnership with internet services provider Yandex. The renewal will see Yandex – considered the Russian equivalent to Google – continue to broadcast live regular season and… Source link

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Letters spell the word “Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. REUTERS/Pascal Rossignol MOSCOW, Jan 17 (Reuters) – A Moscow court on Monday said it had ordered Alphabet’s Google (GOOGL.O) to pay 4 million roubles ($52,526) for not removing access to content banned in Russia, the latest in a string of fines for the U.S. tech giant. Russia upped the ante late last year in its efforts to… Source link

(Bloomberg) — Concern among some big European nations about economic fallout raises the risk of a split with the U.S. on how strongly to hit Russia with fresh sanctions if it invades Ukraine, according to people familiar with the matter. Most Read from Bloomberg Western allies are united in their desire to prevent a war as they enter high-stakes talks this week aimed at defusing tensions with Russia, warning it faces massive penalties for any incursion. Actions that have been discussed… Source link