Search Results for: President Vladimir Putin
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 ...
Exxon sues U.S. over $2 million Russian sanctions fine
July 21st, 2017
The U.S. Treasury Department on Thursday imposed a $2 million fine on Exxon Mobil Corp. for what it called a “reckless disregard” of U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive, ...
Watch out: Global selloff in bonds; Investors on edge
July 7th, 2017
Asian bonds slump after German yields reach 18-month highs Yen falls as BOJ seeks to cap yields with bond purchase plan A global selloff in bonds and equities spread to Asia, with investors on edge as central banks step ...
Asian stocks, the Yen, the Gold; All climbed
July 5th, 2017
Asia Stocks Rebound While Haven-Asset Demand Fades Japan, Hong Kong shares turn higher as automakers advance U.S. stock and bond markets reopen after Independence Day Asian stocks climbed as Japanese and Hong Kong markets staged a turnaround. Geopolitical concerns ...
Russia is considering raising value added tax to 22 percent
May 18th, 2017
If the government raises value added tax and the central bank sees inflation risks from the move, it would be logical for the bank to keep interest rates higher than without the tax changes, Deputy Finance Minister Vladimir Kolychev ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
Japan offers Russia common digital currency on Kuril Islands
March 21st, 2017
Tokyo has prepared a range of offers to Moscow for joint economic projects on Russia’s Kuril Islands, according to Japan’s national broadcaster NHK. The package of proposals, including tourism and fisheries, as well as a common electronic currency, will ...
The Russian Central Bank to issue Alpari a Forex dealer license
November 30th, 2016
Alpari becomes a licensed Forex dealer in Russia In 28th November, 2016, the central bank of the Russian Federation finalised its decision to issue Alpari Forex Ltd. with a license granting the company the right to conduct its activities ...
What the recent OPEC deal means for oil prices
October 6th, 2016
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. This was the first time Opec decided to trim output ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
