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Centralised finance cripples Russia as Visa and Mastercard withdraw from country

Centralised finance cripples Russia as Visa and Mastercard withdraw from country

Russia · Ukraine › Banking Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia. Cover art/illustration via CryptoSlate Mastercard and Visa have announced that they will no longer operate inside Russia. With Russia already cut off from the SWIFT network …

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Graphic: Fighter throws low kick, breaks leg in gruesome fashion at EFC 92 

Graphic: Fighter throws low kick, breaks leg in gruesome fashion at EFC 92 

Remember the broken leg curse of 2021? It is still in full effect in 2022. Extreme Fighting Championship (EFC) held its most recent event — EFC 92 on Saturday in Johannesburg, South Africa — and the first fight of the night was between Willem Smith and Ivan Strydom. The fight ended rather quickly, but not …

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Jessica Simpson sold ‘16,000 dresses’ within hours of HSN appearance

Jessica Simpson sold ‘16,000 dresses’ within hours of HSN appearance

March 5, 2022 | 2:09pm Enlarge Image Jessica Simpson had a successful day on HSN while selling her latest spring collection. Instagram Jessica Simpson brought her spring fashion collection to HSN Thursday, revealing to fans that she sold thousands of dresses after just hours on-air. “Holy guacamole! The day’s not over and we’ve already sold …

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Zara, Puma Among Latest Retailers to Leave Russia, But Others Standing Firm

Zara, Puma Among Latest Retailers to Leave Russia, But Others Standing Firm

Companies are facing growing calls to end operations in Russia, while many others including Zara and Puma join the growing list of companies that have closed their businesses in the country over its invasion of Ukraine. Since the invasion began in late February, several companies announced plans to end businesses in the country to stand …

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Ukraine war latest: US warns citizens to ‘depart Russia immediately’

Ukraine war latest: US warns citizens to ‘depart Russia immediately’

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

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US in ‘active discussions’ over Russian oil import ban as Moscow targets Ukraine urban centres

US in ‘active discussions’ over Russian oil import ban as Moscow targets Ukraine urban centres

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access …

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PwC and KPMG exit Russia and Belarus in wake of Ukraine invasion

PwC and KPMG exit Russia and Belarus in wake of Ukraine invasion

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access …

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Amid Russia’s war, America Inc reckons with the promise and peril of foreign markets

Amid Russia’s war, America Inc reckons with the promise and peril of foreign markets

THE RUSH from Russia was unlike anything in recent memory. Within days of Vladimir Putin’s invasion of Ukraine, American companies from Apple to ExxonMobil suspended their business in Russia or said they would abandon it. Companies with factories and other assets in the country are now mulling ways to fend off possible expropriation. American technology …

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