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Global banking system faces split as Russians turn to Chinese - Vimarsana News

Global banking system faces split as Russians turn to Chinese

Lenders including Sberbank and Alfa Bank plan to move to China's UnionPay system for their customers' bank cards - although an expert today said the move would still involve disruption.

TikTok suspends platform in Russia in response to the country's new controversial 'fake news' law - Vimarsana News

TikTok suspends platform in Russia in response to the country's new controversial 'fake news' law

TikTok suspended new content and live streaming abilities in Russia in response to the country's new 'fake news' law, which threatens imprisonment for sharing what authorities consider to be false info.

Airbnb suspends all bookings in Russia and Belarus - Vimarsana News

Airbnb suspends all bookings in Russia and Belarus

Airbnb CEO Brian Chesky (left) on Thursday announced the suspension of all bookings in Russia and Belarus, while Microsoft also said it would halt the sale of a products in Russia.

Isolated Russians scramble for hard currency, fear worse is yet to come - Vimarsana News

Isolated Russians scramble for hard currency, fear worse is yet to come

MOSCOW (Reuters) - Queues of people snaked through Moscow shopping malls on Tuesday as the scramble for hard currency continued, and Russians faced increasing isolation as sanctions made travel harder

Mastercard and Visa cut off Russian banks from their networks - Vimarsana News

Mastercard and Visa cut off Russian banks from their networks

Visa and Mastercard are the latest Western companies to cut off or curtail their business activities in Russia following sanctions that have sent the Russian economy into freefall.