MOSCOW—Shares in Russia’s two largest lenders, Sberbank and VTB, reversed early losses to trade higher on Tuesday after the state-controlled groups escaped British sanctions on Russian banks. British sanctions targeted Bank Rossiya, Black Sea Bank, Genbank, IS Bank, and Promsvyazbank—smaller lenders of which only the latter is on the Russian central bank’s list of systemically…
Sberbank, VTB Shares Rebound as Russia’s Top Banks Escape UK Sanctions
February 22, 2022
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Minnesota Man Builds Huge Roaring Snow T-Rex Dinosaur on Front Lawn, and Neighbors Can’t Believe Their Eyes
There’s one in every town. Sometimes it’s the local Christmas light bug who sets the night ablaze with electric winter wonderlands—while shorting out the grid—each season. Or in Becker, Minnesota, it’s Paul Larcom packing together life-sized snow dinosaurs on his front lawn. Erected mid-January, his giant snow T-rex—complete with long tail; dragon-like body; gaping, roaring jaws; and…
Stocks of Russian Aluminum Giant Rusal Fall Amid Fears of Over Sanctions
Stocks of Russian aluminum giant Rusal fell on Monday as investors continue to monitor the ongoing tension along the border with Ukraine which could trigger sanctions against Russian entities. Rusal is one of the world’s largest manufacturers of low-carbon aluminum and accounted for roughly six percent of global aluminum supplies in 2019, estimated to be around 70 million…
Michael Bloomberg Says Democrats Need ‘Course Correction’ or Will Get Wiped Out in 2022 Midterms
Former New York City Mayor Michael Bloomberg is warning Democrats ahead of the upcoming midterm elections. Bloomberg, a former Republican who backed Democrat Joe Biden in 2020, said Democrats are “headed for a wipeout in November, up and down the ballot,” unless an “immediate course correction” is implemented. Bloomberg pointed to Republicans winning key elections…
UK Sanctions 5 Russian Banks and 3 Billionaires After Putin Orders Troops Into Eastern Ukraine
Britain has imposed sanctions on five Russian banks and three wealthy individuals in response to Russian President Vladimir Putin’s order to move troops into Eastern Ukraine. Putin announced on Feb. 21 that Russia will regard two areas in Ukraine’s Donbas region as independent, and signed a decree authorising Russian troops to be sent into the…
Yale Law School Announces Tuition-Free Scholarships for Lowest-Income Students to ‘Level the Playing Field’
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If We Forget We Elect Legislators, Not Governments, We’re in Trouble
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No Division Between Politicians and Scientists Over Ending COVID-19 Curbs: UK’s Johnson
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JPMorgan Downgrades Russian Stocks to ‘Neutral’ as Ukraine Tensions Ratchet Up
J.P. Morgan analysts on Tuesday downgraded Russian equities from “overweight” to “neutral,” citing a sharp spike in uncertainty in the wake of Kremlin moves to recognize the independence of two breakaway statelets in eastern Ukraine, feeding into fears of a large-scale invasion. “With uncertainty as high/valuations as low as we can remember and a declining…
Model Suffers Extreme Muscle Pain After Becoming Addicted to Vaping as a Teen, Now Warns Others
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