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The birth of a new monetary world order as Russia reels under sanctions - Vimarsana News

The birth of a new monetary world order as Russia reels under sanctions

As US President Joe Biden unveiled new sanctions on Friday against Russia, he made it clear that the totality of the sanctions and export controls is "crushing the Russian economy"."The ruble has lost more than half its value. ...

Russian retaliation would leave almost the entire world without microelectronics - Vimarsana News

Russian retaliation would leave almost the entire world without microelectronics

The ban on technology exports to Russia, in response to the war in Ukraine, could backfire on global manufacturers of computer processors and semiconductors, as many crucial components for their production are made exclusively in Russia, an ...