The US sanctions hit profits at SPB Exchange
The US sanctions have brought down profits at the PJSC SPB Exchange. PJSC SPB Exchange, located in Moscow, published interim financial results for the first half of 2024 which showed…
Cian Group moves to Russia after delisting from NYSE
Cian PLC, the leading online real estate classified platform in Russia, has decided to relocate Cian Technology, its current holding company, from Larnaca, Cyprus, to the Special Administrative Region of…
Georgian Railway declines to deal with a Russian company due to sanctions
JSC Georgian Railway refused to purchase electric locomotives in Russia worth $80.519.105 after learning about sanctions imposed by the US Treasury on Sinara Transport Machines, which owns Ural Locomotives, a…
The new crypto exchange in Russia: rumor or truth
The St. Petersburg Currency Exchange (SPVB), located in the Russian city of St. Petersburg, has denied a report by the Kommersant newspaper that a crypto exchange will appear on its…
The United States hits Russia’s payment system with new sanctions
The US Department of the Treasury has announced sanctions against nearly 400 companies and individuals in order to disrupt the supply of goods and payments to Russia. "Companies, financial institutions,…
Russian mining company Mechel got rid of its assets abroad
Mechel, the Russian mining and metallurgical company, got rid of assets abroad. In its report for the second quarter, the company indicated that it had lost control over European assets.…
Kyrgyz banks halt money transfers through Russian banks
Kyrgyz Aiyl Bank and Кompanion Bank have stopped transfers through the Russian bank PJSC Sberbank, while Кompanion Bank has stopped transfers to Russian TBank. Both banks report that transfers through…
The President of Ukraine imposes sanctions on Russian media and the ex-leader of the Donetsk People’s Republic
President of Ukraine Volodymyr Zelenskyy imposed sanctions against 11 individuals and 13 legal entities with his decree. Among those against whom the sanctions were imposed for a period of 10 years, are Ukrainian blogger Anatoly…
Kyrgyz Keremet Bank suspends money transfers to Russian banks
The Kyrgyz bank Keremet has suspended transfers of money to Russian banks via mobile apps of Sberbank, MTS Bank, T Bank and the operator of the national payment system, NSPK…
The U.S. imposes sanctions on Haitian former President
The U.S. Department of State claimed that Haitian former president Michel Martelly had been added to the sanctions list. Michel Martelly was designated for his role in the global illicit…