russia
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Nissan Just Sold Its Russia Business for One (1) Euro
In a brief release on Tuesday, Nissan, which up until March of this year manufactured cars in Russia, said that they were giving up on it and exiting Russia. Nissan also said it would be selling its Russia business for one Euro, which is currently worth $AU1.55. In its release, Nissan says the loss it…
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Are Russia’s Elite Really Using Cryptocurrency to Evade Sanctions?
Fearing Russia’s elite will evade economic sanctions by converting their wealth to cryptocurrency, high-profile US Democratic senator Elizabeth Warren has introduced a bill into US Congress to stymie Russian crypto transactions. Warren warned a Senate committee hearing: So no one can argue that Russia can evade all sanctions by moving all its assets into crypto.…
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Russia Is Using Cyberattacks to Undermine Ukraine’s Defence Capabilities
As Ukrainian cities come under air attack from Russian forces, the country has also suffered the latest blows in an ongoing campaign of cyber attacks. Several of Ukraine’s bank and government department websites crashed on Wednesday, the BBC reports. The incident follows a similar attack just over a week ago, in which some 70 Ukrainian…
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The Global Energy Crisis Might Soon Be Affecting Our Petrol Prices
Far from emerging from the COVID shock awash with fuel, as might be expected after an economic slowdown, the world is entering a new energy crisis the like of which hasn’t been seen since the 1970s. European and Asian gas prices are at an all-time high, the oil price is at a three-year high, and…