Business
UK to donate old polluting vehicles to Ukraine
The move is part of a plan to remove old cars from London’s roads, according to Mayor Sadiq Khan
EU criminalizes sanctions evasion
The European Parliament has approved a law that would make the circumvention of EU sanctions a criminal offense
Investors lobbying for EU military spending splurge – Bloomberg
Bond buyers want an EU-wide debt program that would help the bloc increase military spending, Bloomberg has reported
French court orders fired banker to repay $5 million
A former trader at BNP Paribas who won $4.9 million in an unfair dismissal case in Paris was ordered to return the financial award
EU accelerating plan to send profits from frozen Russian assets to Kiev – FT
The EU is aiming to give Kiev around $3 billion from profits generated by frozen Russian assets amid waning aid from the US, the FT reports
Trump reveals position on banning Bitcoin
Former US President Donald Trump has softened his stance on Bitcoin, suggesting that he would not seek to ban cryptocurrencies
Russian economy headed for ‘soft landing’ – The Economist
Russia’s economy has successfully overcome the sanctions pressure and gone back to its pre-conflict growth trend, the Economist has said
Asian electronics giants ploughing money into Russian advertising – Kommersant
Honor, Xiaomi, Samsung, Acer and other tech majors reportedly boosted their marketing activity in Russia last year
Putin terminates Soviet-era fishing deal with UK
Russian President Vladimir Putin has signed a decree that annuls a 1956 treaty that allowed British ships to fish in the Barents Sea
Bitcoin hits new all-time high
Bitcoin hit a fresh all-time high of over $72,000 on Monday amid cash inflows into spot Bitcoin exchange-traded funds, data shows
US threatens EU bank with sanctions – media
The US Treasury Department says Austria’s Raiffeisen Bank could be hit with sanctions for doing business in Russia
Germany’s economic backbone ‘on the brink’ – Bloomberg
German family businesses are desperate as the energy crisis, curbs on subsidies, and bureaucratic acrimony bite into earnings
Moscow Exchange reports record activity by private investors
Over four million individual investors made transactions on the Moscow Exchange in February, according to a press release
Kiev ready to accept EU restrictions on food imports – FT
Ukraine is ready to accept EU restrictions on imports of its agricultural goods but is urging Brussels to ban such imports from Russia
US could ban state oil sales to China – Bloomberg
The US wants to ban China from buying oil from its emergency reserve, Bloomberg has reported
China unveils ‘ambitious’ economic goals
Beijing expects its economy to grow by “around 5%” this year, Premier Li Qiang has announced