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Top ex-Kremlin official quits post after condemning Ukraine war
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A long road and new life ahead for Ukrainians fleeing war by taxi
Date: March 17, 2022
By Christina Thykjaer and Kacper Pempel MADRID/NADARZYN, Poland (Reuters) – Olga and her two children, including six-month-old Vera, are crossing Europe by road, fleeing war in Ukraine with the help of a group of Spanish taxi drivers who drove to Poland to support the mass evacuation of refugees. Like many of the nearly three million...
Exclusive-Moscow sets out strict new controls on foreigners trading Russian assets
Date: March 17, 2022
By Sinead Cruise and Matt Scuffham LONDON/NEW YORK (Reuters) -Russia laid down strict new rules for foreigners seeking permits to buy and sell Russian assets ranging from securities to real estate, a client memo by Citigroup showed, amid an exodus of international firms in response to Western sanctions. Russia temporarily stopped foreigners trading Russian assets...
Bank of England raises rates in 8-1 vote
Date: March 17, 2022
LONDON (Reuters) – The Bank of England raised interest rates on Thursday in a bid to keep fast-rising inflation in check but, with the economy facing a huge hit from soaring energy prices, it softened its language on the need for further increases. Eight out of nine members of the Monetary Policy Committee (MPC) voted...
Bank of England hikes rates again but shows unease over outlook
Date: March 17, 2022
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates again on Thursday in a bid to stop fast-rising inflation becoming entrenched, but it softened its language on the need for more increases as households face a huge hit from soaring energy bills. Eight of the nine Monetary Policy Committee...
FTSE 100 extends gains as BoE hikes rate but outlook clouded
Date: March 17, 2022
By Amal S (Reuters) -UK’s blue-chip FTSE 100 extended gains on Thursday, as a weaker pound lifted shares in dollar earners after the Bank of England raised interest rates as expected and struck a less hawkish tone on further hikes. The FTSE 100 climbed 0.5% in afternoon trade with shares in global companies including Diageo...
Ukraine and Russia: What you need to know right now
Date: March 17, 2022
(Reuters) – Russian forces in Ukraine were blasting cities and killing civilians but no longer making progress on the ground, according to Western intelligence, while talks on ending the fighting resumed as the war entered its fourth week. CIVILIAN TOLL * Local officials said rescuers in the besieged southern port of Mariupol were combing the...