“Unless the Russian central bank and Russia’s largest banks – which have already been cut off from correspondent banking – find an alternative means of reaching the global financial system Russia faces Iran and North Korea-style isolation from the global economy,” Ari Redbord from blockchain analytics firm TRM Labs told the BBC.
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P&O Ferries preparing to restart Dover-Calais route
admin, , Business, 0
Another P&O Ferries vessel, the European Causeway – which runs between Larne and Cairnryan – failed an MCA Port...
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Elon Musk announces new AI start-up
admin, , Business, 0
Mr Musk purchased the microblogging platform in a deal worth billions, before making sweeping changes which led to many...
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How does your pay compare with other jobs?
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To calculate the annual change in real terms, we adjusted April 2022 earnings to what they would have been...
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Bank bosses summoned to talks over savings rates
admin, , Business, 0
“We do think there is more value that can be provided to consumers, we are not happy with some...
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House price rise since first lockdown revealed
admin, , Business, 0
Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said: “While homeowners might feel better off on paper, for...
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Renewable energy: Government plan for price cap is risky, firms warn
admin, , Business, 0
A government limit on electricity generated in older renewable and nuclear facilities is expected this week.
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Better rail services promised in huge shake-up
admin, , Business, 0
Labour’s shadow transport secretary, Jim McMahon, said: “With fare hikes, £1bn cuts to Network Rail and broken promises to...
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US aims to limit China’s role in electric cars
admin, , Business, 0
“This administration is, yet again, trying to find workarounds and delays that leave the door wide open for China...
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