Russian bonds would weather sanctions
Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government. A deputy finance minister stated this and also said that this can cause significant short-term volatility. But a strong domestic investor base means the market, is where a politically driven selloff has sent benchmark. […]
UK to help vulnerable countries against Russia, China cyber threat
Britain said that it would invest 22 million pounds ($31 million) to help vulnerable countries in Africa and the Indo-Pacific. This is to build up their cyber defences to prevent China, Russia and others from filling a cyberspace vacuum. Dominic Raab, the British foreign minister said that Britain and its partners needed to take action […]
Russia seeks extra fines against Twitter over ‘Banned Content’
Russia is seeking an additional 24 million roubles ($321,586) in fines from U.S. tech giant Twitter for failing to remove content banned in Russia. Roskomnadzor State communications regulator said that Twitter was complying with a demand to remove banned content but taking long time for that. A punitive slowdown on the service has been extended until May […]
Russia fines Apple $12 Million for alleged app market abuse
For alleged abuse of its dominance in the mobile applications market, Apple has been fined $12 million by Russia. This took place in the latest dispute between Moscow and a Western technology firm. The U.S tech giant is Apple. Its distribution of apps through its iOS operating system gave its own products a competitive advantage, […]