Unidentified hackers stole $81 million from Bangladesh Bank’s account. The funds were transferred to RCBC accounts. RCBC and a number of other individuals have been charged. An unsolved $81 million cybercrime that involved a Philippine bank has been the subject of an appeal from the New York Supreme Court, which denied the bank’s request to … Read more
The economic disaster caused by Vladimir Putin’s war on Ukraine has already damaged energy, oil, food and agriculture, trading, foreign exchange Cryptocurrency is a significant weapon for regular Russian citizens to resist financial totalitarianism. The number of crypto market users in Russia is expected to decline with the ruble’s value. Russia’s invasion of Ukraine has … Read more
The African Union’s chairman warns EU leaders that excluding Russian banks from the SWIFT financial messaging system might jeopardize food supply to the continent. “When the SWIFT system is disrupted that means that even if the products exist, payment becomes complicated, if not impossible,” Senegalese President Macky Sall stated. He said, “I would like to … Read more
Ukraine’s President, Volodymyr Zelenskyy, welcomes the European Union’s sixth package of Russian sanctions, but he chastises the EU for its tardiness. European leaders reached a fresh agreement on banning Russian oil imports, in which they will “essentially cut roughly 90% of Russian oil imports to the EU by the end of the year.” Sberbank, Russia’s … Read more
PARIS: Russia invaded Ukraine in the early hours of February 24, setting off the worst conflict in Europe in decades. We look back on five weeks of fighting that has killed thousands of civilians, sent four million people fleeing abroad and forced Russia to review its ambitions in the face of fierce Ukrainian resistance. … Read more
Pak Suzuki Motor Company (PSMC) officially launched the new generation of Swift on 24 February after 11 years with a hefty price tag. Suzuki had launched Swift GL manual (base variant) for Rs. 2.5 million, GL CVT (middle variant) for Rs. 2.7 million, and GLX CVT (top variant) for Rs. 2.9 million. After the hike, … Read more
