FRANKFURT/LONDON—European and U.S. bank shares on Friday clawed back some of the previous day’s steep losses as the sector starts to get to grips with a slew of sanctions unveiled this week in retaliation for Russia’s invasion of Ukraine, with more due from the European Union imminently. Shares got off to a jittery start as…
European, US Bank Shares Recoup Some Losses; Sector Braces for Slew of Sanctions
February 25, 2022
admin
bankBusiness & EconomyCompaniescrisiseconomic policieseconomyEuropeMarketsRussiaRussia-Ukraine WarsanctionsstocksUkraineUSUS NewsWorld
0 Comment
Putin Is Using CCP to Reach His Aggressive National Plans: Analyst
While Russia declared its war on Ukraine and invaded the country, the world is also watching China’s reaction to the crisis. A Chinese analyst believes that Putin’s actions are part of a State plan that is beyond what Xi Jinping, leader of the Chinese Communist Party (CCP), was anticipating. Yuan Hongbing, renowned Chinese law expert in…
Russian Invasion of Ukraine Is a Boon for the Chinese Regime
February 25, 2022
admin
ChinaEurope-China RelationsInternational RelationsOpinionRussiasanctionsThinking About ChinaUkraineUS-China relations
0 Comment
News Analysis Ukrainians awoke to the sound of shelling on Feb. 24, as the long-dreaded moment had arrived. Russia had invaded Ukraine. Russian President Vladimir Putin’s recognition of two breakaway Ukrainian republics and subsequent invasion of Ukraine has prompted the United States and Europe to bring sanctions, including shutting down the Nord Stream 2 gas…
Canada Ramps Up Sanctions Against Russia After Attack on Ukraine
Canada announced additional sanctions on Russia Thursday after it launched a full-scale attack on Ukraine. They will target, among other things, Russian elites loyal to Russian President Vladimir Putin. In a press conference announcing the measures, Prime Minister Justin Trudeau called the attack the “greatest threat to European stability since World War II.” Trudeau said…
Canada Brings In Stronger Sanctions After Russia Strikes Ukraine
OTTAWA—Prime Minister Justin Trudeau says Canada is imposing more severe sanctions on Russia in response to its military strike against Ukraine. The new sanctions will target 62 people and entities connected to Russia, including members of that country’s elite and their families, the paramilitary organization known as the Wagner Group and major Russian banks. The…
UK Unveils ‘Most Severe’ Sanctions Against Russia Over Ukraine Invasion
The British government has announced another package of sanctions on Russia in response to the invasion of Ukraine, which Prime Minister Boris Johnson said is the “most severe” Russia has ever seen. Following Russian President Vladimir Putin’s announcement of a “special military operation” in Ukraine in the early hours of Thursday, explosions have been reported…
Top Russian Lender Sberbank Ready for Anything as Sanctions Loom
MOSCOW—Russia’s largest lender Sberbank said on Thursday that it was prepared for any developments as the threat of sanctions grew after Russian forces attacked Ukraine, sending shares in Russian banks crashing. Russian forces invaded Ukraine by land, air, and sea on Thursday, confirming the worst fears of the West with the biggest attack by one…
New Russia Debt Sanctions to Have ‘Limited Implications’ for Bond Holders: JPMorgan
LONDON— JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited implications for the international investors that already hold them. They added that the new measures, which introduce restrictions on ‘secondary market’ trading of rouble and non-rouble-denominated debt issued after March 1,…
MSCI Details Possible Changes to Russian Indexes in Event of New Sanctions
February 24, 2022
admin
Business & EconomyCompanieseconomyEuropeInternationalMarketsMorgan Stanley Capital InternationalMSCIRussiasanctionsstocksUkraineUSUS NewsWorld
0 Comment
MSCI said it had not taken any action on Russia following a volley of sanctions by Western governments, but signalled it would consider taking steps such as freezing Russian indexes if new sanctions hurt their investability for a significant portion of global investors. U.S. President Joe Biden on Tuesday announced new sanctions on Russian elites…
Biden Announces US Sanctions Against Nord Stream 2 Project Company
February 23, 2022
admin
Business & EconomyeconomyEuropeExecutive BranchinflationJoe BidenMarketsPoliticsRussiasanctionsUkraineUSUS NewsWorld
0 Comment
President Joe Biden on Wednesday announced new sanctions related to the Nord Stream 2 Pipeline. On Monday, Russian Vladimir Putin declared two regions within Ukraine to be independent and then signed a decree authorizing troops to move into the two breakaway regions. In response Tuesday, German Chancellor Olaf Sholz announced a halt to the certification…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`