Russia’s central bank said Wednesday it burnt through a record $11.3 billion during interventions earlier this week on currency markets as the ruble plummeted amid fears of conflict breaking out in Ukraine.
A regional court in Russia’s Far East ordered an Internet service provider to block 17 websites for extremist content on Wednesday, including a Wikipedia article on Adolf Hitler’s autobiographical manifesto “Mein Kampf.”1
The European Commission announced Wednesday that it will provide Ukraine with 11 billion euros ($15 billion) in financial assistance to Ukraine, which is struggling to keep its crisis-hit economy afloat amid mounting debt.4
An adviser to Russian President Vladimir Putin said Tuesday that authorities would issue general advice to dump US government bonds in the event of Russian companies and individuals being targeted by sanctions over events in Ukraine.7
Russia’s state-run energy giant Gazprom said Saturday that Ukraine is $1.55 billion in arrears on payments for natural gas deliveries, which the company said may force it to cancel a discount on the fuel agreed in December.5