Russia
Senate resolution would urge Biden administration to designate Russia as state sponsor of terrorism sponsor under Putin
Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Mikhail Metzel | Sputnik | Reuters Two senators unveiled a resolution Tuesday calling on the Biden administration to designate […]
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Finland is just days away from applying for NATO membership
HELSINKI, Finland — After completing a few more steps, Finland will be ready to send its application to join the NATO military alliance, the country’s foreign affairs minister told CNBC Tuesday. The Nordic nation has been considering joining the alliance in the wake of Russia’s unprovoked invasion of Ukraine. Finland’s Prime Minister Sanna Marin has […]
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Britain, EU say Russia behind cyberattack against satellite internet modems in Ukraine
Michael Bocchieri | Getty Images Russia was behind a massive cyberattack against a satellite internet network which took thousands of modems offline at the onset of the war in Ukraine, Britain and the European Union said on Tuesday. The digital assault against Viasat’s KA-SAT network in late February took place just as Russian armor pushed […]
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Ukraine’s economy hit as war drags on; Biden presses Congress to pass more military aid
Russia’s economy to shrink 10% this year, Ukraine’s to contract 30%: Report Damaged buildings are seen as Russian attacks continue in Mariupol, Ukraine on May 4, 2022. Leon Klein | Anadolu Agency | Getty Images The war in Ukraine is hitting both Russia and Kyiv’s economy hard, with both expected to see sharp plunges in […]
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Russia still faces a high chance of default, despite payment
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles. Mikhail Tereshchenko | Sputnik | via Reuters Although Russia has so far averted a historic debt default since sanctions were […]
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European markets close down 2.8% as travel, tech stocks lead losses; oil prices fall 5%
LONDON — European stocks on Monday fell to two-month lows as global investors fled risk assets en masse due to fears over inflation. The pan-European Stoxx 600 provisionally ended down 2.8%, hitting its lowest level since Mar. 8. Travel and tech shares led the losses, down 5.8% and 4.8% respectively, as all sectors and major […]
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Hungary’s Orban — a longtime Putin ally — stalls Europe’s Russian oil embargo
Hungary Prime Minister Viktor Orban — a longtime ally of Russian President Vladimir Putin — has said that ending Russian oil purchases would be an “atomic bomb” on Hungary’s economy. Attila Kisbenedek | Afp | Getty Images The European Union is struggling to approve a sixth round of sanctions against Russia with a few nations […]
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Putin blames the West for Ukraine war in ‘Victory Day’ speech
Russian President Vladimir Putin is seen on the screen as he delivers a speech during 77th anniversary of the Victory Day in Red Square in Moscow, Russia on May 09, 2022. Anadolu Agency | Anadolu Agency | Getty Images President Vladimir Putin on Monday tried to defend Russia’s unprovoked invasion of Ukraine in his annual […]
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Putin attempts to justify Ukraine invasion at Victory Day parade in Moscow. Follow our live updates
Putin claims the West was ‘preparing for the invasion of our land’ Russian honour guards march on Red Square during the Victory Day military parade in central Moscow on May 9, 2022. Kirill Kudryavtsev | Afp | Getty Images Russia’s President Vladimir Putin has attempted to justify his unpreceded invasion of Ukraine on “Victory Day” […]
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Kevin O’Leary says there are plenty of good places to ‘hide’ as interest rates rise
As interest rates in the U.S. rise, investors can put their money to work by looking at companies in the S&P 500 that can “increase their prices” and “maintain margins,” Kevin O’Leary told CNBC. “There’s plenty of them. That’s a good place to hide when you’re getting a 2% dividend yield,” the celebrity investor said […]
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