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Russia has banned foreign currency sales for six months, its latest measure to attempt to avert a deep economic crisis and run on the Russian ruble.
The Central Bank said Tuesday night that banks and brokers would be prohibited from selling dollars, euros and other foreign currency in exchange for rubles until at least Sept. 9, 2022.
The regulator
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Read more: Russia Bans Foreign Currency Sales
Write comment (100 Comments)Russian feminists staged anti-war protests across nearly 100 cities to mark International Women’s Day on Tuesday as Moscow ended the second week of its bloody invasion of Ukraine.
The Feminist Anti-War Resistance group said supporters across 94 Russian and international cities laid flowers at monuments and embassies.
“There are more of us, our n
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Read more: Russian Feminists Stage Anti-War Protests in 100 Cities
Write comment (98 Comments)Ratings agency Fitch on Tuesday again downgraded Russia's sovereign debt rating farther into junk territory from "B" to "C," saying the decision reflects the view that a default is "imminent."
Like other major ratings agencies, Fitch had already slashed Russia's rating earlier this month to "junk" status, or the category of countries at risk of not
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Read more: Russia Default on Debt Is ‘Imminent’ – Fitch
Write comment (90 Comments)U.S. intelligence chiefs on Tuesday branded Russia's Vladimir Putin an "angry," isolated leader craving global clout, frustrated about how his Ukraine invasion has not gone to plan and lobbing provocative nuclear threats at the West.
The long-standing president in Moscow has been "stewing in a combustible combination of grievance and ambition for
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Read more: U.S. Intel Paints Putin as Aggrieved, Angry Over Ukraine War
Write comment (97 Comments)Two days after Russia invaded Ukraine, an account on the Telegram messaging platform posing as President Volodymyr Zelenskiy urged his armed forces to surrender.
The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads
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Read more: Lacking Oversight, Telegram Thrives in Ukraine Disinformation Battle
Write comment (93 Comments)The Chernobyl nuclear power plant is no longer transmitting data to the UN's atomic watchdog, the agency said Tuesday, as it voiced concern for staff working under Russian guard at the Ukrainian facility.
On Feb. 24, Russia invaded Ukraine and seized the defunct Chernobyl plant, site of a 1986 disaster that killed hundreds and spread radioactive
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Read more: IAEA Says Loses Contact With Chernobyl Nuclear Data Systems
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