The Biden administration’s sanction strategy hinges on levying severe sanctions on pretty much every facet of the Russian economy except energy. But that plan is getting more and more pushback in Washington, even from some members of Biden’s own party. Russia is the world’s second-largest producer of natural gas and third-largest producer of crude oil, And while the energy market has begun to impose a sort of ‘de facto ban,’ the sanctions were designed to try to minimize the impact on… Source link
Read More »Grubhub announces end of delivery robot partnership with Yandex amid Russian invasion
Grubhub has canceled its contract with Russian company Yonder following the Russian invasion of Ukraine. Credit: Kathleen Jones | Lantern Reporter Grubhub will end its partnership with Yandex, the Russian company that supplies on-campus food delivery robots at Ohio State. Grubhub is working with its campus partners like Ohio State to find alternate service options as the company shifts away from Yandex over time, Grubhub spokesperson Katie… Source link
Read More »Crypto exchanges ‘should be shut down’ if they don’t suspend Russian accounts: Bill Browder
Asset manager Bill Browder, who for years specialized as an investor in major Russian firms, told Yahoo Finance on Tuesday that cryptocurrency exchanges should be closed if they do not suspend accounts owned by Russians. The remarks come days after Ukraine’s vice prime minister called on a slew of major cryptocurrency exchanges — including Coinbase (COIN) and Binance — to stop servicing Russian accounts that may help the country blunt or circumvent sanctions. Coinbase and Binance rejected… Source link
Read More »Ukrainian Svitolina defeats Russian opponent she refused to play
Ukrainian tennis player Elina Svitolina, decked out in the yellow and blue of her country’s flag, put on a clinic against her Russian opponent at the Monterrey Open on Tuesday. She defeated Anastasia Potapova 6-2, 6-1 in the opening round of the tournament, a match that just a day ago she had refused to play Svitolina, the 15th ranked women’s tennis player in the world and the No. 1 seed at the Monterrey Open, had originally refused to play against Potapova due to Russia’s invasion of her… Source link
Read More »Ex-Yandex news boss accuses Russian tech giant of ‘hiding info’ on Ukraine
It comes as platforms around the world take action against Russia’s state-backed media. The former head of news at Russia’s largest tech company has called on past colleagues to quit, accusing the business of censoring the invasion of Ukraine. Lev Gershenzon wrote in a Facebook post on Tuesday (1 March) that Yandex, which is behind one of the biggest search engines in Russia, is “a key element in hiding information about the war”. “Today is the… Source link
Read More »Former Yandex News Director Urges Employees to Quit Russian Tech Firm
The former head of news at Yandex, a Russian search engine giant, urged his former coworkers to quit. Lev Gershenzon wrote on Facebook that Yandex is hiding info about Russia’s invasion of Ukraine. He urged former coworkers to “stop being accomplices to a terrible crime.” … Source link
Read More »DuckDuckGo pauses its relationship with Russian search engine Yandex
DuckDuckGo has “paused” its partnership with Russian search engine Yandex over the war in Ukraine, a top official of the privacy-focused search service said Tuesday at a House hearing on tech. “The index was used to provide traditional links — meaning, non-news links — on the search engine results page in Russia and Turkey,” said Katie McInnis, DuckDuckGo’s senior public policy manager for the U.S. DuckDuckGo, a privacy-focused search engine, has faced increased scrutiny as conspiracy… Source link
Read More »NYSE and Nasdaq halt trading of Russian firms, including Yandex and MTS – DatacenterDynamics
The Nasdaq and New York Stock Exchange have halted trading in US-listed Russian stocks, following the invasion of Ukraine and the West leveling harsh sanctions against Russia. Among them were a number of tech companies, including search engine and cloud company Yandex, as well as telco Mobile TeleSystems (MTS), and e-commerce platform Ozon Holdings. Russia has also ordered its own stock market to remain closed as its economy and currency plunged in value. … Source link
Read More »Russian Search Engine Yandex Stock Halted On Nasdaq 03/02/2022
Russian search engine Yandex is taking a beating from western companies as the country’s president, Vladimir Putin, continues to use its military in an attempt to overthrow the Ukrainian government. The New York Stock Exchange halted trading of Yandex stock Monday on the Nasdaq, but not before shares fell 21% to $14.90 … Source link
Read More »China Shunning Russian Coal With Banks Nervous Over Sanctions
(Bloomberg) — Chinese power plants and steelmakers are looking for alternatives to Russian coal after some domestic banks suggested they avoid purchases due to the mounting sanctions being imposed on Moscow. Most Read from Bloomberg Some state-own firms were sent private client notes by the lenders advising them to halt buying Russian coal as tightening global restrictions could cause “unexpected damage” to China’s importers, according to people with knowledge of the matter who asked… Source link
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