War has always had a rippling effect on geopolitics and global economies, more so than ever in today’s interconnected and globalized world. India, which has maintained a friendly political relationship with Russia since 1970, finds itself at a crossroads in the wake of recent global events. As the Russian Ukrainian war rages on, previously well-aligned […]
Russia
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 […]
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 […]
OneWeb will resume satellite launches with Elon Musk’s SpaceX, the British satellite communications company said on Monday after it suspended launches from Russia’s Baikonur Cosmodrome in Kazakhstan. OneWeb did not disclose terms of the new launch agreement. Earlier in March, OneWeb, said it would halt launches after Moscow’s space agency Roscosmos demanded guarantees that its […]
Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors who are already worried about the Ukraine war and the first U.S. interest rate rise in three years that could come this week. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.97%, led by pronounced […]
Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow’s […]
Video-focused short video platform, TikTok, announced on Monday its latest alteration to its video length, with an update increasing the video length upload from three minutes to ten minutes, as it the platform enters a media battle with Russian state media in EU. The ByteDance owned company told Gizmodo in a statement that this alteration will deliver […]
Exxon Mobil likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake. Russia’s attack on Ukraine has unleashed broad economic and political rebukes and corporate withdrawals by banks, technology and other firms unprecedented in their extent. BP on Sunday said it […]
Alphabet Inc’s Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary circumstances,” Google’s YouTube unit said it was “pausing a number of channels’ ability to monetize on […]
The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China’s own push for self-reliance in the semiconductor industry, analysts said. Following Russia’s invasion of Ukraine on Thursday, Washington – as part of a package of measures – announced export […]