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WORLD

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Ukraine legalizes crypto to raise war cash

Ukraine’s President Volodymyr Zelensky on Wednesday signed into law a bill that effectively legalizes cryptocurrency in the country. The decision comes as Ukraine has received crypto donations worth tens of millions of dollars from individuals and groups amid the ongoing conflict. The so-called “Virtual Assets” bill establishes a legal framework …

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Europe suspends ExoMars program over Russia sanctions

The European Space Agency has indefinitely postponed its ExoMars rover mission, according to a statement issued by ESA on Thursday. The launch of the rover was supposed to be carried out in partnership with Russia and was initially set for later this year. However, it has been put on hold …

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NATO begins major war games near Russia 

NATO has deployed 30,000 troops, 50 vessels, and 200 aircraft from 27 member-states in Norway to conduct the long-planned military exercise ‘Cold Response’, which started on Monday and will last until April. “The exercise will ensure that Norwegian and allied forces are capable in carrying out complex joint operations in …

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Swiss banks reveal how much Russian money they hold

Swiss banks, prized for their anonymity and safety, made a rare estimation of holdings by Russian clients amid sanctions slapped on Moscow due to the military operation in Ukraine. The country’s Bankers Association (SBA) said on Thursday that there are between 150 and 200 billion Swiss francs ($160-$213 billion) of …

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Cheerleader of NATO wars spotted in Ukraine

French intellectual and philosopher, Bernard-Henri Lévy (commonly referred to as “BHL”), has an odd propensity for appearing alongside western proxy fighters in war zones. And new reports now place him on the ground amid the conflict in Ukraine.  The day after the February 24 launch of Russia’s attack on Ukraine, …

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Get ready for global oil supply shock – IEA

Russia could be forced to cut crude production by nearly a third starting next month, as traders are reportedly reluctant to buy oil from the country amid Western sanctions, the International Energy Agency warned on Wednesday. “The prospect of large-scale disruptions to Russian oil production is threatening to create a …

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Zelensky calls on Germany to ‘tear down the wall’ in Europe

Ukrainian president Volodymyr Zelensky addressed German authorities at Bundestag on Thursday morning, calling on the Chancellor to help destroy a new “wall” Russia was building in Europe by its offensive on Ukraine. The speech came the day after his speech before the US Congress on Wednesday night. “It’s not a …

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What is Russia’s sanctions survival plan?

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Ruble rising in the face of sanctions

The Russian ruble has been gradually strengthening against the US dollar and euro, making gains for the sixth day straight on Thursday. The ruble plunged to historic lows amid Western sanctions after the country launched its military operation in Ukraine. At the opening of trading on the morning of March …

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