Tag: Alfa bank
Russia’s economy is threatened with collapse
Russian National Bank According to official figures, the Russian economy is doing better than expected, but a look at the details reveals abysses. (Photo: IMAGO/ITAR-TASS) Berlin A bunker mentality has…
Russia’s economy is threatened with collapse
Russian National Bank According to official figures, the Russian economy is doing better than expected, but a look at the details reveals abysses. (Photo: IMAGO/ITAR-TASS) Berlin A bunker mentality has…
Russia threatens “total economic isolation”
Military parade in Moscow A lot of Russian money flows into the military, the economy suffers. (Photo: IMAGO/ITAR-TASS) Berlin The Russian economy is shrinking significantly. Gross domestic product (GDP) fell…
Russia threatens “total economic isolation”
Military parade in Moscow A lot of Russian money flows into the military, the economy suffers. (Photo: IMAGO/ITAR-TASS) Berlin The Russian economy is shrinking significantly. Gross domestic product (GDP) fell…
Russia threatens “total economic isolation”
Military parade in Moscow A lot of Russian money flows into the military, the economy suffers. (Photo: IMAGO/ITAR-TASS) Berlin The Russian economy is shrinking significantly. Gross domestic product (GDP) fell…
How Russia is fighting the decline of its oil industry
Oil refinery of the Yukos concern in Tomsk So far, Russia is the third largest crude oil producer after the USA and Saudi Arabia. But there could be a drop…
Surprisingly robust start to the year
Zurich/Frankfurt The nervousness was great before the start of the quarterly season of the major European banks. How would the war in Ukraine, the growing risk of inflation and the…
Bankruptcy of the Netherlands subsidiary of the Russian Alfa Bank hits German savers
Alfa Bank founder Mikhail Fridman Its connection to Russian oligarch Mikhail Fridman and Alfa-Bank, which he founded, put Fibr Bank, formerly called ATB, on Western sanctions lists. (Photo: REUTERS) Frankfurt…
US government puts Putin’s daughters on sanctions list
new York The US government has expanded its sanctions against Russia. Now the adult children of Russian President Vladimir Putin and the closest relatives of Foreign Minister Sergei Lavrov are…
Unionpay as a way out for Russia’s banks?
Unionpay With a transaction volume equivalent to around 150 billion US dollars, Unionpay was the second largest payment network in 2020. (Photo: Reuters) Beijing After the withdrawal of Mastercard and…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
EU tightens sanctions against Russia’s financial system – but not completely
Demonstration in London Broad wave of solidarity. (Photo: imago images/ZUMA Wire) Düsseldorf, New York, Brussels, Berlin, Frankfurt The EU, US and other Western allies further isolated Russia’s financial system over…
Managers in Russian service: Lure of dubious money
Gerhard Schroeder and Matthias Warnig The Chancellor a. D. and the Nord Stream 2 boss hire themselves out to Russian companies. (Photo: imago images/ZUMA Wire) Paris, Dusseldorf, Hamburg, Berlin The…
Managers in Russian service: Lure of dubious money
Gerhard Schroeder and Matthias Warnig The Chancellor a. D. and the Nord Stream 2 boss hire themselves out to Russian companies. (Photo: imago images/ZUMA Wire) Paris, Dusseldorf, Hamburg, Berlin The…
Putin is gambling away his economic potential
Wladimir Putin For 2022, the largest private Russian financial institution, Alfa Bank, expects economic growth to be just 1.5 percent. (Photo: imago images/ITAR-TASS) Berlin Vladimir Putin has eleven members of…