Russia

Renault Production May Be Impacted by Supply Chain Issues in Russia

Renault Production May Be Impacted by Supply Chain Issues in Russia

French automaker Renault has warned that its production may be severely impacted due to supply chain issues in Russia. The company is concerned about the stability of its supply chains in Russia amid rising tensions between the country and Ukraine. Should a conflict break out, it will have repercussions for…
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Russia to Officially Treat Bitcoin as Currency

Russia to Officially Treat Bitcoin as Currency

The Russian government and central bank have agreed to treat Bitcoin and other cryptocurrency assets as official forms of currency, according to reports. A new announcement from the Kremlin confirms that Russia’s government and central bank are now working on a draft law that will define cryptocurrencies as an “analog…
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Trump Overrules Biden, Sends Warning to Putin over Ukraine Invasion

Trump Overrules Biden, Sends Warning to Putin over Ukraine Invasion

President Donald Trump has stepped in and overruled Joe Biden by sending a direct warning to Vladimir Putin regarding Russia's intentions to invade Ukraine. Trump was responding after Democrat President Biden sent shockwaves around the world by seeming to greenlight a Russian invasion of Ukraine. Following a strong rebuke from…
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Russia Bans Bitcoin and All Cryptocurrencies

Russia Bans Bitcoin and All Cryptocurrencies

Russia's government is banning all Bitcoin and cryptocurrency use across the country, including transactions, mining, and circulation, according to reports. The plan was revealed on Thursday by Russia's central bank, citing threats to financial stability, citizens' wellbeing, and its monetary policy sovereignty. The Russian central bank argues that cryptocurrencies are…
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