Source link The tech billionaire slammed the ruling as “the most draconian demands of any country on Earth” Elon Musk has demanded the resignation of a Brazilian Supreme Court justice. Judge Alexandre de Moraes had ordered an investigation of Elon Musk on Sunday, after the tech mogul defied an order to suspend social media accounts, […]
Source link Lenders are wary of secondary Western sanctions for dealing with Moscow, sources told the news outlet Vedomosti Several large banks in the United Arab Emirates have begun limiting transactions with Russia and closing the accounts of Russian companies and individuals due to the risk of secondary Western sanctions, the news outlet Vedomosti reported […]
Source link Turkish banks have started closing Russian corporate accounts and tightening policies for individuals following threats of secondary sanctions from the US, business daily Vedomosti reported on Thursday, citing financial consultants and business owners. The sources said that the situation had worsened after US President Joe Biden signed an executive order in December announcing […]
Source link Kiev is prepared to consider the possibility of slapping banking restrictions on Ukrainians who evade military service, said the head of the National Bank of Ukraine, Andrey Pyshny. The Ukrainian parliament is currently working on preparing amendments to the mobilization law. President Vladimir Zelensky has told lawmakers that the military has requested up […]
Source link Some Swiss financial institutions have begun charging their Russian clients fees on frozen accounts; these sometimes accrue interest payments years in advance, Vedomosti reported on Tuesday, citing bankers and a brokerage firm. A source in an auditing company told the outlet, citing an employee at one of the Swiss banks, that commissions on […]
Source link Sergey Guriev has been accused of hurting opponents of Putin more than his government Sergey Guriev, a Russian-born economist who advised the West on the type of sanctions that could have the greatest impact on his home nation, said on X (formerly Twitter) on Wednesday that he has suffered from some of them, […]