Eshe Nelson
Posts
Here’s how Russia has avoided defaulting on its debt.
But analysts question whether sanctions will eventually affect Russia’s ability to pay.
Russia’s Stock Index Reopens After Monthlong Closure
The market opened for the first time since Feb. 25, and the MOEX index was probably pushed up by measures designed to avoid a sell-off.
Russia’s Stock Index Reopens After Monthlong Closure
The market opened for the first time since Feb. 25, and the MOEX index was probably pushed up by measures designed to avoid a sell-off.
Britain Will Take Measures to Ease Inflation’s Impact, Finance Minister Says
The country’s finance minister said that sanctions on Russia were “not cost-free for us at home.”
Russia’s Central Bank Projects Economic Decline
Inflation and “large-scale structural transformation” is ahead, as the bank held interest rates at 20 percent.
Bank of England Raises Rates for Third Time to Fight Inflation
The bank on Thursday lifted its key interest rate to 0.75 percent, the third consecutive increase.
Streaming Companies Are Looking to Britain for Studios to Meet Demand
Netflix, Amazon Prime and other studios are snapping up soundstages in Britain and building more, drawn by an experienced labor pool and alluring tax incentives.
British American Tobacco Says It Is Exiting Its Russian Business
The announcement by the London-based tobacco giant came two days after it said operations would continue.
The European Central Bank meets as war clouds Europe’s economic outlook.
Russia’s invasion of Ukraine and rising energy costs have added new uncertainty to the bank’s forecasts.
Russia’s Ruble Continues to Slide on Foreign Currency Restrictions
As the currency loses purchasing power, Russia’s central bank is trying to support the ruble with expanded rules preventing exchanges into dollars.