Russia and Iran are merging their banking systems to get around being banned from SWIFT, the critical communication system for global bank payments. Several Iranian central bank officials confirmed the partnership with Russia’s...
Past three days in the war zone Ukraine’s Joint Forces Operation Staff reported two attacks by Russian-hybrid forces on 14 January, namely near Prychepylivka, Luhansk Oblast & Vodyane, Donetsk Oblast. JFO reported no attacks to...
The United States and the European Union are no longer considering disconnecting Russia from the SWIFT international payment system if aggression against Ukraine intensifies, the German newspaper Handelsblatt reports, citing government...
December 15 in the war zone Russian-hybrid forces launch ten attacks on Ukrainian positions in Donetsk, Luhansk, and Mariupol sectors, including heavy artillery and weapons banned by the Minsk accords, the Joint-Forces Operation Staff...
Against the backdrop of increasing Russian military threats against Ukraine, members of the European Parliament say any aggression by Moscow must come at a high economic and political price in a resolution adopted by 548 votes (69 against,...
Many Western and some Russian commentators have seriously misread what the new American sanctions have done to the Russian stock market and ruble exchange rate, US-based Russian analyst Aleksandr Nemets says. Yes, those sanctions initially...
Oleg Sysuyev, the deputy head of Alfa-Bank, Russia’s seventh largest bank by net assets, says that his institution will no longer provide services to Russian defense industries that have fallen under US sanctions, even though...
Finastra, a company which owns the software used for SWIFT banking transactions, has ceased cooperation with Russian banks under sanctions, the Russian outlet Vedomosti wrote citing two sources who know this from Finastra and the banks....
One bank official from Cyprus* explained to me why top Russian officials, such as Medvedev, Kostin, etc., responded so nervously and irrationally to reports of a possible disconnection of Russia from SWIFT. The fact is that while the other...
After the conflict in Donbas escalated, namely because of the recent shelling of civilians in Volnovakha, Mariupol and now Donetsk, a number of world leaders agreed to maintain sanctions against Russia, and also expressed the possible need...
In October 2022, a few weeks before the Ukrainian Army liberated Kherson, Russian soldiers parked several school buses next to the Regional Art Museum named after Oleksii Shovkunenko. Over four days, the invaders loaded their vehicles with...
