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SWIFT EXCLUSION RUSSIA
Russia-linked Grinex crypto exchange suspends operations after cyber attackGrinex, a crypto exchange linked to Russia, has halted operations. This follows a cyber attack where assets worth 1 billion roubles were st...- Washington’s own playbook is fuelling the global pivot from dollar, says GTRIGTRI reports that Trump's proposed tariffs on BRICS nations trading in non-dollar currencies overlook the fact that US sanctions and SWIFT ...
- BRICS mulls alternative payment platformsRussia advocates for trade with India in national currencies, highlighting that BRICS is exploring alternative payment platforms, potential...
- India-Russia trade to exceed 50 bn USD this year: Denis ManturovThe discussions took place at the ‘Russia’ expo, held at Moscow’s VDNKH complex, where 89 regions of Russia showcase their economic, scient...
- Russia’s exclusion from SWIFT an opportunity for China to internationalise RMBRussia tried to find ways to minimise the bite of sanctions. Russian businesses are using RMB to settle more of their trade. They are also ...
- US is the only sanctions superpower. It must use that power wiselyAs much as we talk about multipolar politics, when it comes to global networks, there is just one superpower: the United States.
- India good at managing finances but global energy price rise will hurt it: IMF MDThe head of the International Monetary Fund (IMF), during a media round table on Thursday on the Russian invasion of Ukraine, told a select...
- EU agrees sanctions on 14 oligarchs, blocks transactions with Belarus cbankThe new sanctions, imposed over Russia's invasion of Ukraine which the EU says is backed by Minsk, include the exclusion from the SWIFT ban...
- Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNBThe Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11...
- World Bank stops all projects in Russia, Belarus with 'immediate effect'The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's mil...
- Trade deficit widens in February, exports up 22.36%"A rebound in oil and gold demand amid the waning of the third wave, along with rising global commodity prices fanned by escalating geopoli...
- Russian banks' exclusion from SWIFT to hurt Indian oil companiesState-run ONGC, Oil India, Indian Oil, and BPCL have investments in multiple Russian oil and gas fields, with some fields permitting stakeh...
- Russia's Sberbank to leave European market in face of cash outflowsThe bank, which is set to unveil 2021 financial results later in the day, said it was no longer able to supply liquidity to European subsid...
- Russia's Sberbank to leave European market in face of cash outflowsOn Monday, the European Central Bank (ECB) warned that Sberbank's European arm faced closure after a run on its deposits sparked by the inv...
- Crude futures surge 10% to over $105A 60 million barrel release from strategic oil reserves would be equivalent to less than six days of Russian output, and traders are weighi...
- Russia seeks to halt investor stampede as sanctions hammer economyRussian Prime Minister Mikhail Mishustin announced the country will temporarily stop foreign investors from selling Russian assets to ensur...
- Exporters see payment hurdles for shipments to RussiaThe US along with its key allies, including the European Union and the UK, have decided to disconnect key sanctioned Russian banks from the...
- Gold surges by Rs 429 to Rs 50,577 per 10 gramsSilver also zoomed by Rs 775 to Rs 65,557 per kg on industrial demand, from Rs 64,812 per kg earlier.
- SWIFT exclusion to affect Russia's tradeThe US and the European Commission on Saturday issued a joint statement to exclude some Russian banks from the SWIFT messaging system. TOI ...
- Not so SWIFT: EU energy concerns spark Russia sanctions riftFormer European Council President Donald Tusk lashed out at EU capitals over their failure to agree on the toughest sanctions such as cutti...
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