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CNN —The Israel-Hamas war is sending investors in search of defensive assets. Israel declared war on Hamas Sunday after the Palestinian militant group launched a brutal attack that killed at least 1,300 people. But investors have since bought up shares of virtually risk-free government bonds, indicating that Wall Street remains worried. Utilities, energy and real estate stocks have also outperformed the broader S&P 500 index’s roughly 1% gain this week. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms, including the companies Breton addressed this week.
Persons: , George Smith, Bryan Hinmon, Hinmon, hasn’t, TikTok, Shou Zi Chew, Thierry Breton, Brian Fung, Breton, ” Breton, TikTok didn’t, Anna Cooban, ” Russia’s, Andrei Belousov, Read Organizations: CNN Business, Bell, CNN, Stock, Treasury, LPL, Twitter, Meta, Digital Services Locations: Israel, Palestinian, Saudi Arabia, Russia, Ukraine, Chew, Moscow
REUTERS/Maxim Shemetov/Illustration/File Photo Acquire Licensing RightsSummaryCompanies Russian rouble climbs to over 2-week high vs dollarMove comes after Putin reimposes currency controlsRouble had slumped to over 18-month low this weekAnalysts expect rouble to firm more in coming weeksOct 12 (Reuters) - Russia's rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some exporters to buttress the currency. The rouble collapsed to a record low in the weeks after Russia invaded Ukraine last year, before Moscow imposed similar capital controls that saw it recover to a seven-year high. Kogan warned, however, that by 2025-2026 businesses would form plans based on a rouble rate of 100-105. The central bank endorsed the measures, a shift in its stance, after it previously warned of the inefficiency of currency controls. "The rouble is even less tradable for foreign investors after Russia re-imposed some capital controls," Piotr Matys, senior FX analyst at In Touch Capital Markets.
Persons: Maxim Shemetov, Putin, Rouble, rouble, Vladimir Putin, Yevgeny Kogan, Kogan, Gref, Andrei Belousov, Piotr Matys, Dmitry Polevoy, Brent, Alexander Marrow, Amruta, Robert Birsel, Mark Potter, Varun, Alexander Smith Organizations: REUTERS, U.S, Russia's Higher, of Economics, TASS, Wednesday, Bank of Russia, FX, Touch, Thomson Locations: Moscow, Russia, Ukraine, outflows, Locko, Bangalore
Ruble gains as Russia reintroduces capital controls
  + stars: | 2023-10-12 | by ( Anna Cooban | ) edition.cnn.com   time to read: +3 min
At the time, Russia ordered exporters to swap 80% of their foreign currency revenues for rubles, rather than hold onto US dollars or euros. The government also banned residents from making bank transfers outside Russia, and Russian brokers from selling securities held by foreigners. Russia’s defense spending has ballooned since its invasion of Ukraine last year. That’s compared with a surplus of 203 billion rubles ($2 billion) during the same period in 2022. In August, the central bank implemented an emergency hike to its main interest rate in a bid to buttress the tanking ruble.
Persons: ” Russia’s, Andrei Belousov, Organizations: London CNN —, Reuters Locations: London CNN — Russia, Ukraine, Moscow, Russia, Russia’s, Russian
WhatsApp owner Meta Platforms Inc. (META.O) was found guilty of "extremist activity" in Russia in March and later added to financial monitoring agency Rosfinmonitoring's list of "terrorists and extremists". Russia blocked Meta's Facebook and Instagram in March, objecting to restrictions on Russian media and some posts permitted by users in Ukraine. "I think it is necessary to introduce a full ban on WhatsApp use for official purposes by the Russian state and municipal employees," Gorelkin wrote on Telegram, an alternative messenger that is very popular in Russia. Vasily Shpak, deputy industry and trade minister, said the niche vacated by foreign telecoms manufacturers should be filled by domestic ones. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alexander Marrow; Editing by Mark TrevelyanOur Standards: The Thomson Reuters Trust Principles.
SummarySummary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Oct 11 (Reuters) - Russia's financial monitoring agency, Rosfinmonitoring, has added U.S. tech giant Meta Platforms Inc. (META.O) to its list of "terrorists and extremists", the Interfax news agency reported on Tuesday. A Moscow court in June rejected an appeal by Meta after it was found guilty of "extremist activity" in Russia in March. In court, Meta's lawyer at the time said Meta was not carrying out extremist activity and was against Russophobia. Register now for FREE unlimited access to Reuters.com RegisterReporting by ReutersOur Standards: The Thomson Reuters Trust Principles.
Russia has added Meta to its list of extremist and terrorist organizations, per Interfax. It means Meta services, such as Instagram and WhatsApp, are expected to be cut off in the country. Russia asked in March for Meta to be labeled as an "extremist organization." Vesna, the Russian anti-war movement, was also put on the list of organizations involved in terrorism and extremism on Tuesday, per Interfax. A court in Moscow then rejected Meta's appeal after it was found guilty of "extremist activity" in Russia, Reuters reported, citing Tass.
Este o altă „lege anti-Navalny”, a scris pe Twitter Leonid Volkov, un confident apropiat al liderului opoziției în vârstă de 44 de ani. Mai mulți deputați au introdus marți un proiect de lege în parlamentul rus care ar priva membrii organizațiilor extremiste de drepturile lor de vot timp de ani de zile. Personalul politic regional al figurinei opoziției a fost deja trecut pe lista organizațiilor extremiste și teroriste de către autoritatea de supraveghere financiară responsabilă Rosfinmonitoring la sfârșitul săptămânii trecute. Volkov a scris că acțiunea parlamentarilor a arătat teama față de asociații Navalny, precum avocatul proeminent Lyubov Sobol. Sobol a dorit să candideze pentru un loc în parlament la alegerile de la Duma din această toamnă.
Persons: Duma de Stat, Aleksei Navalny, Leonid Volkov, Navalny, Volkov, Sobol, Duma Locations: Moscova
Reţeaua de birouri regionale a organizaţiei anticorupţie a opozantului încarcerat Aleksei Navalnîi a fost adăugată oficial pe lista organizaţiilor „extremiste şi teroriste”, relatează AFP, citând un anunţ al serviciului rus de informaţii financiare, Rosfinmonitoring. Rosfinmonitoring nu a precizat dacă includerea pe listă are legătură cu procesul în curs. În faţa acestei ameninţări, cele 37 birouri regionale şi-au anunţat joi autodizolvarea. Alexei Navalnîi a anunțat că a încetat greva foamei, după o perioadă de peste 3 săptămâni. Navalnîi a precizat că medicii săi i-au spus că a mers prea departe cu protestul său și că în curând ei nu ar mai putea să-l salveze.
Persons: Aleksei Navalnîi, Rosfinmonitoring, - Qaida, Alexei Navalnîi, Instagram, Navalnîi Organizations: Agerpres
Birourile organizaţiei lui Aleksei Navalnîi au intrat oficial pe lista organizaţiilor „extremiste şi teroriste”, pe aceeași listă cu Al-Qaida şi Stat IslamicReţeaua de birouri regionale a organizaţiei anticorupţie a opozantului încarcerat Aleksei Navalnîi a fost adăugată oficial pe lista organizaţiilor „extremiste şi teroriste”, relatează AFP, citând un anunţ al serviciului rus de informaţii financiare, Rosfinmonitoring. Lista cuprinde sute de nume de organizaţii şi de personalităţi ruse şi străine, inclusiv grupările jihadiste Al-Qaida şi Stat Islamic. În faţa acestei ameninţări, cele 37 birouri regionale şi-au anunţat joi autodizolvarea. Alexei Navalnîi a fost arestat în ianuarie, imediat după ce s-a întors în țară, iar în prezent este încarcerat într-o colonie penală. Alexei Navalnîi a anunțat că a încetat greva foamei, după o perioadă de peste 3 săptămâni.
Persons: Aleksei Navalnîi, - Qaida, Rosfinmonitoring, Alexei Navalnîi Organizations: AGERPRES
Sursa foto: universul.netBirourile regionale ale organizaţiei lui Alexei Navalnâi au intrat oficial pe lista organizaţiilor „extremiste şi teroriste”Reţeaua de birouri regionale a organizaţiei anticorupţie a opozantului încarcerat Alexei Navalnâi a fost adăugată oficial pe lista organizaţiilor „extremiste şi teroriste”, relatează AFP, citând un anunţ al serviciului rus de informaţii financiare, Rosfinmonitoring. Acesta precizează, într-un comunicat, că a actualizat „lista de organizaţii şi de persoane” participante „la activităţi extremiste sau teroriste”, printre care apar de acum şi birourile regionale ale organizaţiei lui Alexei Navalnâi, potrivit Agerpres. Alexei Navalnâi a fost arestat în ianuarie, imediat după ce s-a întors în țară, iar în prezent este încarcerat într-o colonie penală. Alexei Navalnâi a anunțat că a încetat greva foamei, după o perioadă de peste 3 săptămâni. Navalnâi a precizat că medicii săi i-au spus că a mers prea departe cu protestul său și că în curând ei nu ar mai putea să-l salveze.
Persons: Alexei Navalnâi, Rosfinmonitoring, - Qaida, Instagram, Navalnâi Organizations: Agerpres
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