You Searched For "sanctions" and got 20 results
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1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
2 mins read
Russian FX trading is almost entirely in yuan as sanctions restrict dollar use
The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.
Filip De Mott
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…
Filip De Mott
2 mins read
Russia thanks Western sanctions for helping it avoid the CrowdStrike IT outage
An IT outage linked to CrowdStrike disrupted flights, banks, and media outlets across the globe. Ru…
Cameron Manley
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
1 min read
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
3 mins read
Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data
The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …
Max Adams
2 mins read
Stock market today: Nasdaq suffers worst day since 2022 as weak earnings spark steep sell-off
The Nasdaq dropped more than 3%, fueled by a selloff in Tesla and Alphabet shares after earnings. T…
Jennifer Sor
2 mins read
Stock market today: Tech drives market rebound as investors brace for earnings and fresh data
Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…
Matthew Fox
2 mins read
Why loosening sanctions would put more pressure on Russia, according to a think tank
The West could spur inflation and buckle Russia's economy if sanctions were loosened on capital flo…
Filip De Mott
2 mins read
Stock market today: Indexes rise as tech tries to bounce back after chip rout
Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…
Filip De Mott
1 min read
Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions
Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration repor…
Kelly Cloonan
2 mins read
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
1 min read
US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows
Semiconductor exports shipped through China and Hong Kong have dropped as much as 28% in the first …
Filip De Mott
2 mins read
How a Trump 2.0 presidency could threaten dollar dominance, according to a think tank
Trump's proposed policies risk eroding the dollar's dominant position, Mark Sobel of OMFIF says.
Filip De Mott
2 mins read
Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say
"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…
Filip De Mott
3 mins read
Trump fraud-trial lawyers distance themselves from Alina Habba in fighting $7,500 frivolous-filings sanctions from 2023
A group of Trump's lawyers says the judge in his NY fraud trial shouldn't have considered Alina Hab…