The so-called E3 European parties warned Russia on Saturday that its demands risked the collapse of an almost-completed nuclear deal.
Russian Foreign Minister Sergei Lavrov last Saturday demanded guarantees that Russian trade with Iran would not be affected by recent sanctions imposed on Moscow.
Washington has already insisted it will not agree to Russia’s demands.
The Canadian Mareva injunction makes similar actions likelier in the future.
Other countries might use other powers or laws that are already available to them.
Self-custody and peer-to-peer trading services might be a way to protect your assets better.
Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
Some clients are using cryptocurrency to invest in real estate in the UAE, while others want to use firms there to turn their virtual money into hard currency and stash it elsewhere, the sources said.
Bitcoin and other cryptocurrencies fell on Thursday as some of the initial excitement around U.S. President Joe Biden’s executive order on digital assets faded.
Some high-profile cryptocurrency industry players praised the president’s executive order, while others called the move “defensive.”
The International Monetary Fund expects to cut its global growth forecast to account for the economic consequences from Russia’s invasion of Ukraine.
“We still expect the world to be in positive growth territory,” managing director Kristalina Georgieva told CNBC on Thursday.
Her comments come a day after the IMF approved $1.4 billion in emergency aid to Ukraine.
The leaders of Robinhood, Melvin Capital, Reddit and Citadel will testify to the U.S. House Financial Services Committee testimony on Thursday.
Lawmakers will get their chance to grill the executives, as well as the Reddit trading star known as Roaring Kitty, about last month’s GameStop trading turmoil.
The hearing’s topics are expected to include Citadel’s relationship with Robinhood and Melvin Capital, why brokerages shut down trading and how to protect retail investors.
“I think this is fantastic what’s going on. Leave it alone,” Kevin O’Leary said of the Reddit-sparked trading frenzy.
The O’Shares ETFs co-founder and “Shark Tank” investor said retail traders may lose money but gain a lifelong interest in the stock market.
Hedge funds may be more careful about shorting stocks now, too, O’Leary said.
President-elect Joe Biden on Thursday unveiled the details of a $1.9 trillion coronavirus rescue package.
The proposal, titled the American Rescue Plan, includes familiar stimulus measures with the goal of sustaining families and firms until vaccines are widely distributed.
The current plan is the first of two major spending initiatives Biden will seek in the first few months of his presidency.
U.S. trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany.
The new tariffs are the latest action in the 16-year U.S.-EU dispute over civil aviation subsidies involving European aircraft company Airbus and its U.S.-based rival Boeing.
The vaccine is the first one approved for general use in China.
The vaccine is an inactivated, two-dose vaccine from the Beijing Institute of Biological Products, a subsidiary of state-owned conglomerate Sinopharm.
The company announced Wednesday that preliminary data from last-stage trials had shown it to be 79.3% effective.
