Press
Showing 221-240 of 738 Items
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Ruble’s Strength in Face of Sanctions May Be Illusory
After a sharp plunge in value at the beginning of the war in Ukraine, the Russian ruble has recovered much of its value against other world currencies, a change made possible ...
By Rachel Ziemba
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U.S. imposes ‘severe’ sanctions on Russian banks after Bucha atrocities
The US has imposed its most severe level of sanctions on Sberbank, Russia’s largest financial institution, and Alfa-Bank, the country’s biggest private bank, escalating its ec...
By Edward Fishman
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SEC Chair Gary Gensler Seeks to Regulate Crypto Platforms ‘Like Exchanges’
The Securities and Exchange Commission (SEC) is looking into crypto trading platforms being “registered and regulated much like exchanges,” Chair Gary Gensler said April 4. “I...
By Alex Zerden
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U.S. weighs tougher Russia sanctions after evidence of Bucha killings
Biden administration officials have discussed intensifying their sanctions campaign against Russia as evidence emerges of the apparent execution of civilians in a suburb near ...
By Edward Fishman
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Why Biden’s oil dump may not help
President Joe Biden is escalating his battle against sky-high gasoline prices, opening the taps on the nation’s reserves and cajoling reluctant oil companies to speed up drill...
By Rachel Ziemba
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Biden turned the ruble into rubble. Then it quickly came back.
A raft of punishing sanctions sent Russia’s currency crashing in the weeks after the invasion of Ukraine. Barely a month later, the ruble has staged a dramatic recovery — putt...
By Rachel Ziemba
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How Sanctions on Russia, War in Ukraine and Covid in China Are Transforming Global Supply Chains
A new world order is emerging for the vital supply chains that deliver most of the goods we rely on for our daily existence. Companies, especially tech companies, are question...
By Emily Kilcrease
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US, G7 freeze Russian gold amid Ukraine war: All you need to know
As the Russia-Ukraine war enters its second month, Western powers have taken new action aimed at destabilising Russia’s sanctions-hit economy following its invasion of Ukraine...
By Rachel Ziemba
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EXPLAINER: How the US and allies can freeze Russian gold
The U.S. and its allies said Thursday they’re moving to block financial transactions with Russia’s Central Bank that involve gold, aiming to further restrict the country’s abi...
By Rachel Ziemba
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‘We’re going back to a USSR’: queues return for Russian shoppers
The lines for sugar in Saratov were hard not to compare to the Soviet era, part of a recent run on Russian staples that have revived fears that the Kremlin’s invasion in Ukrai...
By Elina Ribakova
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Joe Biden arrives in Europe for summits as Zelenskiy says Ukraine awaits ‘meaningful steps’
Joe Biden has arrived in Europe for a four-day trip with the aim of keeping up pressure on Russia over its invasion of Ukraine, amid sanctions fatigue and splits over energy s...
By Edward Fishman
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Surveillance Risks Shape How Central Banks Test Digital Currencies
Beijing has released few details about e-CNY’s underlying technologies. Publicly available data suggest a centralized system that allows authorities to monitor transactions in...
By Yaya J. Fanusie
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‘Resistance for Ukrainians is part of their soul’: Zelensky
Ukrainian President Volodymyr Zelensky is set to virtually deliver his address to the Japanese parliament on Wednesday to rally international support for his country’s fight a...
By Edward Fishman
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Latam stocks, FX up for fifth day on commodities boost
The country's central bank considered a lower rate hike of at least 75 basis points this month, but decided a 100-basis-point increase would be "timelier" given inflationary p...
By Rachel Ziemba
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White House believes Russia is seeing a big drop in oil sales, imperiling key source of funding
“Ultimately there is enough demand for oil — enough folks who need and want oil around the world, including countries outside the sanctions coalition — that eventually that oi...
By Edward Fishman
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China’s Financial Foil
Chinaʼs desire to escape the shadow of the U.S. dollar and build an alternative infrastructure for global finance is being stymied by one major factor: Its reluctance to loose...
By Emily Jin
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China’s Financial Foil
China’s desire to escape the shadow of the U.S. dollar and build an alternative infrastructure for global finance is being stymied by one major factor: Its reluctance to loose...
By Andrea Kendall-Taylor
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Is seizing the yachts & mansions of Russian oligarchs enough? No.
Rachel Ziemba who assesses country risk at the Center for a New American Security also notes that there have been interesting moves into US-linked cryptocurrency and other liq...
By Rachel Ziemba
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War in Ukraine, Fed Rate Hikes & Inflation: How Will These Events Affect Bitcoin?
Alex Zerden — founder of Capitol Peak Strategies, adjunct senior fellow at Center for a New American Security (CNAS) and a former Treasury Department official — told GOBanking...
By Alex Zerden
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U.S. Casts a Global Net to Stop Shipments to Russia
Emily Kilcrease, director of the Energy, Economics and Security Program at the Center for a New American Security, said that the level of allied cooperation in forging the exp...
By Emily Kilcrease