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“How Putin’s rat-infested childhood shaped his philosophy on war” As a youngster growing up in the 1960s, Putin was a typical Russian hooligan, living with his family in a communal apartment in what was then Leningrad. Several other families, including Putin’s, shared these living quarters, with no bath, often no hot water and a stinking…
“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…
“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…
” US and EU double down on measures against Russia potentially using crypto to evade sanctions “ The United States and the European Union have announced new actions targeting Russia’s economy and wealthy individuals as a report suggests Vladimir Putin’s allies have attempted to circumvent sanctions using cryptocurrency in foreign countries. In a Friday announcement,…
“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…
“Uniqlo halts Russia operations amid Ukraine war” Uniqlo is reversing an earlier decision to continue doing business in Russia after coming under fire for not joining more than 330 other multinational companies who cut ties with the country over the invasion of Ukraine. “While continuing our Uniqlo business in Russia, it has become clear to…
“SpaceX mocks Russia during Starlink launch” SpaceX officials couldn’t resist poking fun at Russia during the firm’s recent launch of 48 Starlink satellites into orbit — escalating a feud with Russia’s space agency that has intensified since the Kremlin began its widely condemned invasion of Ukraine. Just seconds before Wednesday’s launch, a SpaceX director mocked…
“Jean Charest officially launches his Tory leadership bid” Politics Insider for Mar. 11: The Charest factor; a look at what drives Poilievre; and a plan for Zelenskyy to address Parliament Welcome to a sneak peek of the Maclean’s Politics Insider newsletter. Sign up to get it delivered straight to your inbox in the morning. Jean Charest kicked off his CPC leadership…
” Is the Ukraine war intensifying regulatory pressure on crypto firms? “ Whose side are you on? The Ukraine-Russia war is forcing people to answer that question. For some in the crypto community, this can be uncomfortable because if an individual or project stands with the West against Russia, it also means it abides by…
” Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians “ Amid global businesses boycotting the Russian residents over the military conflict in Ukraine, some companies in the cryptocurrency industry stand up for the rights of non-sanctioned Russian citizens. Bitfinex, an affiliate firm of the world’s largest stablecoin provider, Tether (USDT), will not unilaterally freeze…