The Russian ruble fell nearly 2% against the US dollar on the Moscow Exchange during trade on Friday, reaching its lowest point since late March 2022. The currency traded at 89.4 rubles to the dollar at 14:00 Moscow time, according to exchange data. The euro traded at over 97 rubles, also the lowest level since…
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Federal prosecutors have requested prison terms ranging from 40 to 50 years for Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, over mass fraud leading to the company’s collapse. Lawyers have also asked that the defendant be ordered to pay $11 billion in restitution when he is sentenced on March 28 at the US District…
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The country’s liabilities have been steadily decreasing, according to the central bank Russia’s government and businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests.
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