Tag Archives: RussiaUkraine

Cars driving through Kyiv on Wednesday after Russian missile strikes on energy facilities across Ukraine.Credit…Brendan Hoffman for The New York Times KYIV, Ukraine — Utility crews worked through the dark night in snow and freezing rain to stabilize Ukraine’s battered energy grid on Thursday after another destructive wave of Russian missile strikes, restoring essential services like running water and heat in many parts of the country even as millions remained without power. Ukrainians… Source link

Russia-backed troops driving through Lysychansk, Ukraine, on Monday.Credit…Alexander Ermochenko/Reuters BAKHMUT, Ukraine — With Luhansk Province firmly in Russia’s grasp after weeks of brutal fighting, the country’s military forces on Tuesday were already setting their sights on the next target. On the outskirts of Bakhmut, a key supply hub for Ukrainian forces, the Russian Army was ramping up its shelling as an apparent prelude for an inch-by-inch offensive into the province of… Source link

Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to come. Dimon warned in his closely-read annual letter to shareholders on Monday that Russia’s ongoing invasion of Ukraine is expected to meaningfully slow the U.S. and global economy. JPMorgan economists predict consequences from the war and resulting sanctions against Russia will reduce the… Source link

March 23 (Reuters) – Alphabet-owned (GOOGL.O) Google said on Wednesday it will pause all ads containing content that exploits, dismisses or condones the ongoing Russia-Ukraine conflict. The move follows many major social media platforms that have announced new content restrictions around the conflict, including blocking Russian state media RT and Sputnik in the European Union. Earlier this month, the search giant said it had stopped selling all online ads in Russia. Register now for FREE… Source link

Russia state regulator says YouTube activities are ‘terrorist in nature’ and threaten life and health of Russian citizens. Russia has demanded that Alphabet Inc’s Google stop spreading what Moscow labelled as threats against Russian citizens on YouTube amid the war in Ukraine. Roskomnadzor, the regulator in Russia, said adverts on YouTube were calling for Russia’s communications systems and Belarus’s railway networks to be suspended and that their dissemination was evidence of the… Source link

For one brief moment this month, cryptocurrency prices appeared to be decoupling from the volatility roiling Wall Street — but are once again being dominated by risk-aversion stemming from the Russia-Ukraine conflict. For Bitcoin (BTC-USD), a debate has arisen about its use cases, such as (legitimate) Ukrainian donations, or (questionable at best) flows from Russians looking to avoid sanctions. With the token whipsawing between a range of $37,000 and $45,000 over the past month, many… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 11, 2022 The post-pandemic era arrived while you were worried about Russia To paraphrase Jay-Z (I’m a Brooklynite, sue me): The market has 99 problems, but COVID-19 doesn’t seem to be one. Well, at least not anymore, given investors’ ever-lengthening list of concerns. Spiraling inflation that hasn’t been seen in decades is… Source link

Costco (COST) has turned into the ultimate safe-haven investment (yet again) as markets have gotten uprooted due to the Russian war on Ukraine. Shares of the warehouse giant have gained about 8% since the war began in late February. The S&P 500 and Nasdaq Composite are down slightly during that same span. Walmart’s stock (WMT) is up 5% The buying activity likely reflects several factors. First is that Costco is a mostly U.S.-focused operation, meaning less relative geopolitical risk to the… Source link

As commodities prices spike and stocks swoon as a result of Russia waging war against Ukraine, the monetary system could be changed in profound ways, some analysts say. At some point in the future, digital tokens may revert to the inflation hedge and safe-haven from fiat turmoil, as envisioned when they were first created. Traditional safe havens like gold, U.S. Treasuries and the U.S. dollar have surged in the current environment of risk-aversion. In a recent analysis, Zoltan Pozsar, global… Source link

We’re closing in on two weeks since Russian forces invaded Ukraine, starting Europe’s largest land war since 1945. So far, the Western nations have avoided commitments to oppose Russian arms directly, and have responded by sending munitions and humanitarian aid to Ukraine while instituting sanctions against Russia. The situation is complicated by Russian’s position as a major producer in the global energy markets, and Europe’s increasing reliance in the past decade on Russian natural… Source link