Search Results for: Russian banks
Statement of the National Bank of Ukraine on the legal status of Bitcoin
December 19th, 2014
Ukraine’s local chapter of the Bitcoin Foundation has spoken out against a recent statement by the central bank concerning the legal status of bitcoin in the country. In a document issued last month, the National Bank of Ukraine (NBU) ...
Russia’s economic crisis: five key charts
December 18th, 2014
Russia and its president, Vladimir Putin, have been left out in the economic wilderness as sanctions imposed by the west, a tanking oil price, and plunging rouble take their toll. Here are five key charts. Growth in Russia is ...
A Full-Blown Economic Crisis Has Erupted In Russia
December 17th, 2014
The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent ...
Russia’s ruble rout rattles emerging markets
December 16th, 2014
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian rupiah fell to its lowest level since the 1997 Asian ...
ECB Weighs Further Action As Economic Picture Darkens
December 4th, 2014
The European Central Bank will spell out the scale of economic malaise facing the euro zone after it meets on Thursday under growing pressure to take dramatic action to prevent the bloc going into reverse. With recovery stalled across much of ...
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
EU blackmails Serbia to impose sanctions on Russia
November 21st, 2014
Serbia must impose sanctions against Russia if it wants to join the European Union, the European Commissioner for Regional Policy Johannes Hahn said. “Serbia legally obliged, within the scope of negotiations about accession to the EU, to gradually align ...
Putin Ally Denies Knowledge of U.S. Money Laundering Investigation
November 7th, 2014
A commodities firm under investigation by federal prosectors on suspicion of money laundering and improper oil trading said on Thursday that it had no knowledge of the inquiry and called allegations of wrongdoing “baseless and false.” The investigation, first reported by The ...
Hackers Probing the Financial System Show Reason to Worry
October 31st, 2014
Hackers are testing the financial system’s cyber defenses, and they can boast of some alarming success. Let’s start with what we know. JPMorgan Chase & Co. says a breach of its computer systems exposed the personal information of 76 ...
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
