Tobacco giant sanctions Russia

One of the world’s largest tobacco manufacturers, Philip Morris International (PMI), said on Wednesday it was reducing production volumes and suspending planned investments in Russia amid ongoing supply chain disruptions and a changing regulatory framework.

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The cynicism behind US’ rapprochement with Venezuela

Seeking to isolate Russia over the Ukraine crisis, the US is turning to a Venezuela government it earlier called ‘illegitimate’ Before announcing a ban on Russian energy imports, the US tried to plug this hole by meeting with representatives from a government they don’t even officially recognize, Venezuela.

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Biden hints at coming regulation of crypto and CBDCs

A ‘comprehensive’ strategy is in the works, while the Fed asks to devise a ‘digital dollar’ The White House will unveil a comprehensive set of regulations targeting cryptocurrency on Wednesday, President Joe Biden has revealed. The president called it “the first ever whole-of-government approach to addressing the risks and harnessing the potential benefits of digital…

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