Search Results for: Russian
What are the ‘Paradise Papers’ and why should you care?
November 7th, 2017
Little more than a year after the “Panama Papers” leak, the “Paradise Papers” are shedding light on who is investing huge amounts of money in offshore tax havens. What are the so-called Paradise Papers? The leak is a trove ...
Early investors review and key events coming this week
October 30th, 2017
Asian stocks were mixed as investors continued to digest earnings, while bond and currency markets awaited an announcement on who will helm the Federal Reserve. Equity benchmarks fluctuated in Japan, while Chinese shares fell, with the Shanghai Composite Index ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Breaking: Russia officially decided to regulate bitcoin and other cryptocurrencies
October 12th, 2017
The Russian government has decided to officially regulate the mining and circulation of cryptocurrencies. The decision was made at a meeting between President Vladimir Putin with officials and business leaders. “We have agreed on the following: the state should ...
Russia to ban Bitcoin Exchange websites, says Central Bank Official
October 10th, 2017
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday. He called them “dubious”. Russian financial authorities initially treated any sort of money issued ...
Sanctions against Russia have cost European Union €30bn
October 9th, 2017
New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, which was conducted at the request of the European Parliament ...
Government officials fired when caught mining bitcoin using government computers
October 5th, 2017
Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin. The ...
Bank to assess potential loan borrowers using what they are interested in on social networks
September 26th, 2017
The biggest bank in Russia, Sberbank, will introduce another criterion to assess potential borrowers. Sberbank will check what their clients are interested in on social networks. If a person likes accessories associated with prison or music praising criminal activity, ...
Facebook accused of fake audience numbers
September 7th, 2017
Social-media company tells advertisers it can reach more than 100 million U.S. adults younger than 35, but census only counts 76 million Facebook Inc. claims its ads have the potential to reach more people than recent U.S. census data ...
Moscow Exchange launches FX fixing instruments
September 6th, 2017
From 4 September 2017, Moscow Exchange has offered instruments to trade at the MOEX FX USD/RUB and EUR/RUB fixing prices with clearing and settlement via its clearinghouse, NCC Clearing Bank. Russian banks including subsidiaries of large global financial groups ...
