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5 ways Russian sanctions are affecting global financial markets – POLITICO Europe

It’s been over a month since Russian troops attacked Ukraine β€” and financial markets are still processing the reality of war in Europe and extensive Western sanctions against Moscow. The Moscow Stock Exchange partially reopened its doors last Thursday, with restrictions on foreign investors and short-selling propping up the market β€” which the U.S. described …

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Britain will reveal crypto regulation plans in coming weeks, sources say – CNBC

Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON β€” The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar …

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Russia to Use Yuan From Its Forex Reserves, Finance Minister Says – U.S. News & World Report

(Reuters) – Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow’s access to the U.S. dollars and euros in the reserves, Finance Minister Anton Siluanov said on Monday. The finance ministry will instruct the payment of a coupon on a sovereign Eurobond issue due on Wednesday in foreign currency …

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Ball in U.S. Court on Russian Eurobond Payments, Finance Minister Says – U.S News & World Report Money

(Reuters) – The ball is in the United States’ court as to whether payments due on Wednesday on two Russian dollar-denominated Eurobonds will go through, and Washington should clarify whether the settlements are possible, Finance Minister Anton Siluanov said. The economic cost of Russia’s actions in Ukraine has been fully exposed as President Vladimir Putin’s …

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