Air Freight News
Central Bank sanctions halt Russia’s ruble intervention
Bank of Russia Governor Elvira Nabiullina acknowledged for the first time that sanctions imposed on the central bank meant she couldn’t intervene to keep the…
Trudeau says Canada to ban Russian crude oil imports
Canadian Prime Minister Justin Trudeau said the government plans to ban imports of Russian crude oil into the country, as part of efforts to ramp…
HP Inc. says Russia sanctions to cut profit by 3 cents a share
HP Inc. Chief Executive Officer Enrique Lores said the computer maker’s quarterly profit will take a hit of as much as 3 cents a share…
Swiss ditch historic neutrality to enforce Russia sanctions
The Swiss government broke with a long-entrenched tradition of neutrality and agreed to enforce European Union sanctions against Russian companies and individuals including President Vladimir…
EU clears sanctions on some of Russia’s wealthiest tycoons
The European Union adopted sanctions on some of Russia’s wealthiest tycoons as the bloc ratchets up penalties on Moscow for its invasion of Ukraine. 
SocGen, Credit Suisse halt Russian commodity trade finance deals
Societe Generale SA and Credit Suisse Group AG halted the finance of commodities trading from Russia as the Ukraine war fueled concerns about the widening…
The sanctions imposed so far on Russia from the US, EU and U.K.
The U.S., U.K., European Union and Asian nations have ramped up sanctions against Russia in an effort to isolate the country following its invasion of…
Turkish GDP grows 9.1% in final quarter, led by exports
Turkey’s economy expanded more than predicted in the fourth quarter of last year, driven by a surge in domestic consumption and exports.
Race for liquidity boosts dollar as Russia contagion risk rises
The dollar is rising against virtually every peer as fallout from the sanctions levied against Russia supercharge demand for the world’s reserve currency.
WRI Market Insights, Feb 2022: Russia’s invasion of Ukraine will likely halt planned investments in the Russian forest industry
Russia’s invasion of Ukraine is likely to impact global trade in the coming months. Increased sanctions against trading with Russia and difficulty with financial transactions…