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Russia Pays Dollar-Denominated Debt in Rubles After U.S. Blocks Payment

Credit rating agencies have indicated that payments in a currency different from the one the debt was sold in would count as a default once the grace period expired.  » mehr lesen

E.U. Leaders Weigh a Ban on Russian Coal

The European Union relies on Russia for almost half its coal, but new contracts with other countries could ease the transition.  » mehr lesen

For Prominent Women on Instagram, DMs Can Be a Cesspool of Misogyny

A report on direct messages sent to five women found that “abuse and harmful content is allowed to thrive” on Instagram. The platform’s parent company, Meta, said it disagreed with the report’s...

Koch Industries’ Bet on Batteries

The company is plugging $30 million into a start-up co-founded by one of Silicon Valley’s favorite scientists.  » mehr lesen

Why Tracking Putin’s Wealth Is So Difficult

Amid speculation that oligarchs are holding cash and luxury assets for the Russian president, many of his extravagances can be traced elsewhere: the Russian state.  » mehr lesen

What Russian coal means to Europe.

The European Union relies on Russia for almost half its coal, according to the latest data, but new contracts with other countries could change that.  » mehr lesen

U.S. Announces Sanctions on Russia’s Largest Banks and Putin’s Adult Children

Sberbank, the largest financial institution in Russia, and Alfa Bank, one of the country’s largest privately owned banks, will face sanctions.  » mehr lesen

Yellen Says Aim Is ‘Maximum Pain’ for Russia Without Hurting US

The Treasury secretary, testifying before a House committee, said the U.S. would continue finding ways to punish Russia for its invasion of Ukraine.  » mehr lesen

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