Search results for "Russia"

The Russian Ukrainian War and the Crypto Market

In our interconnected and globalized world, war is one thing that carries rippling effects that can spread far and wide. On the other side of the coin, a globalized economy means that chain reactions can reverberate across the entire globe and throw entire economies off balance. The Russian Ukrainian war and the crypto market are […]

U.S. lawmakers urge Facebook to do more to fight Russia propaganda in Spanish

A group of 21 U.S. lawmakers sent a letter to Facebook chief executive Mark Zuckerberg on Wednesday voicing concern about what they called disinformation on the platform aimed at Spanish speakers about Russia’s invasion of Ukraine. The disinformation is spread by Moscow-backed outlets like RT en Espanol, among others, said the letter joined by Senators […]

West Warns of Russian Cyberattacks on Critical Infrastructure

Western governments jointly warned on Wednesday about a potential threat of increased malicious cyber activity by Russia against critical infrastructure as a response to sanctions imposed as punishment for its invasion of Ukraine. The cybersecurity agencies of the United States, Britain, Australia, Canada and New Zealand – which together form the Five Eyes intelligence-sharing alliance […]

Nokia to Stop Doing Business in Russia

Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday it was indefinitely suspending its business in the country. Hundreds of foreign companies are cutting ties with Russia following its Feb. 24 invasion of Ukraine and after Western sanctions […]

JPMorgan's Dimon Warns of Potential $1 Billion Loss from Russia Exposure

JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it has detailed the extent of its potential losses resulting from the conflict in Ukraine. In his keenly watched annual letter to shareholders, the chairman and chief executive of the biggest U.S. bank […]

Exclusive-U.S. Warned Firms About Russia's Kaspersky Software Day After Invasion -Sources

The U.S. government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to cause harm, according to a senior U.S. official and two people familiar with the matter. The classified briefings are part of Washington’s broader strategy to prepare providers of […]

U.S. Official Says Export Curbs on Russia Hit Car Production and Tank Building

Global restrictions on exports to Russia in response to its invasion of Ukraine have shut down a car maker, halted work on tanks and cut a Russian computer maker’s access to circuits used in communications equipment, a U.S. official said on Wednesday. “Thirty-three countries have joined together with one export controls strategy,” said Thea Kendler, […]

Japan to Revise Foreign Exchange Law to End Crypto Loophole for Sanctions on Russia

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow’s invasion of Ukraine through cryptocurrency assets, top government officials said on Monday. The government will submit a revision of the Foreign Exchange and Foreign Trade Act to the current parliament session to strengthen protections against potential sanction-busting by […]

U.S. FCC Adds Russia's Kaspersky, China Telecom Firms to National Security Threat List

The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and service providers deemed threats to U.S. national security. The regulator last year designated five Chinese companies including Huawei Technologies Co and ZTE Corp as the first firms […]