#Pink Floyd removes music from streaming platforms in Russia and Belarus, supports Ukraine

#Pink Floyd removes music from streaming platforms in Russia and Belarus, supports Ukraine

“Pink Floyd removes music from streaming platforms in Russia and Belarus, supports Ukraine” David Gilmour said he and Pink Floyd are protesting Russia’s invasion of Ukraine by removing a large portion of their music catalog from streaming properties in Russia and Belarus. “To stand with the world in strongly condemning Russia’s invasion of Ukraine, the works of Pink…

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#Sanctions don’t do much until they target Putin’s oil

#Sanctions don’t do much until they target Putin’s oil

“Sanctions don’t do much until they target Putin’s oil” Friday afternoon news dumps are always revealing, and that includes last week’s Treasury Department clarification of US sanctions on Russian banks. Don’t buy the Biden administration’s line that it’s pulling out the stops against Russia.  The president continues to insist he’s “enforcing the most significant package…

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#Larry Gagosian courted Russian oligarchs to build art empire

#Larry Gagosian courted Russian oligarchs to build art empire

“Larry Gagosian courted Russian oligarchs to build art empire” New York’s most successful art tycoon has built a billion-dollar empire by being the dealer of choice for Russia’s biggest oligarchs. One art world source dubbed Gagosian “the official art dealer to the Russian oligarchy,” adding that “the Bond villains he consorts with are dangerous, repulsive…

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#Russians flood UAE crypto firms to liquidate ‘billions’ over fears about sanctions

#Russians flood UAE crypto firms to liquidate ‘billions’ over fears about sanctions

“Russians flood UAE crypto firms to liquidate ‘billions’ over fears about sanctions” Crypto firms in the United Arab Emirates are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said. Some clients are using cryptocurrency to invest in real estate in…

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#US faces 35% risk of recession: Goldman Sachs

#US faces 35% risk of recession: Goldman Sachs

“US faces 35% risk of recession: Goldman Sachs” The US economy is at greater risk of falling into a recession over the next year due to higher oil prices and the specter of a prolonged Russian invasion of Ukraine, according to experts at investment banking giant Goldman Sachs. The analysts at the bank peg a…

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#Russia could reopen McDonald’s stores by scrapping trademark protections: expert

#Russia could reopen McDonald’s stores by scrapping trademark protections: expert

“Russia could reopen McDonald’s stores by scrapping trademark protections: expert” Russia is reportedly weighing moves to scrap trademark protections for companies tied to “unfriendly” countries — measures that could clear the way to reopen Russia’s McDonald’s stores without permission. Russian state-owned media outlet TASS recently published a report noting officials from the Ministry of Economic…

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