Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles

LONDON, March 23 (Reuters) – Russia will seek payment in roubles for gas sold to “unfriendly” countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region’s energy crunch. European nations and the United States have imposed heavy sanctions on Russia since Moscow sent troops into … Read more

Stocks steady after Fed hike, BoE’s turn next

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON/TOKYO, March 17 (Reuters) … Read more

Households squeezed as U.S. consumer prices accelerate; more pain coming

Consumer price index increases 0.8% in February Gasoline accounts for nearly a third of rise in CPI CPI jumps 7.9% year-on-year; costs of food, rent arises Core CPI rises 0.5%; increases 6.4% year-on-year WASHINGTON, March 10 (Reuters) – US consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and … Read more

U.S. job growth surge underscores economy’s strength as headwinds rise

Nonfarm payrolls increased 678,000 in February Unemployment rate falls to 3.8% from 4.0% Average hourly flat earnings; up 5.1% year-on-year Average workweek rises to 34.7 hours WASHINGTON, March 4 (Reuters) – US job growth accelerated in February, pushing the unemployment rate to a two-year low of 3.8% and raising optimism that the economy could withstand … Read more

Biden rallies Congress behind Ukraine, says Putin has ‘no idea what’s coming’

WASHINGTON, March 1 (Reuters) – US President Joe Biden assailed Russian President Vladimir Putin, barred Russian flights from American airspace and led Democratic and Republican lawmakers in a rare display of unity on Tuesday in a State of the Union speech dominated by Russia’s invasion of Ukraine. “Let each of us if you’re able to … Read more

U.S. slaps sanctions on Russia’s central bank, threatens more action

An exterior view shows Russia’s Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: “Bank of Russia”. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 28 (Reuters) – The United States on Monday imposed sanctions on Russia’s central bank and other sources of wealth, dealing a crushing … Read more

Investors brace for volatility as West moves to cut Russia off from SWIFT

NEW YORK/LONDON Feb 26 (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system . New measures announced by the United States, Britain, Europe … Read more