Russia
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
Book notes: Economists in the cold war, by Alan Bollard
A geographically balanced review of key economists that shaped the world economy
Bank of Russia raises rates as Nabiullina warns over currency
Weaker ruble, higher demand and rising expectations are all driving inflation, governor says
Myanmar official says Mir payments will launch in October
Central bank leader had predicted the Russian card would start circulating last year
Book notes: My journeys in economic theory, by Edmund Phelps
Six decades of the Nobel Prize-winner’s thoughts – from micro-foundations of macro theory to the possibilities beyond working, saving and investing
Bank of Russia raises rates in emergency meeting
Board says domestic demand is boosting depreciation’s effects as Putin adviser criticises governor
Book notes: The crisis of democratic capitalism, by Martin Wolf
A sincere attempt to explain and fix the failing of capitalism in liberal democracies
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
The financial sanctions maze
Anyone affected by Russia-related sanctions knows patience and caution are strongly advised, writes Richard Heckinger
Russian legislators approve Islamic banking pilot
Two-year programme may attract foreign capital or appease restive minorities
Russian central bank raises rates and warns of more to come
Nabiullina says inflationary pressures are rising and warns of effects of bigger fiscal deficit
Fed fines Deutsche Bank $186.4 million for AML violations
German lender failed to comply with earlier orders and was involved in Danske Bank scandal
Ukraine’s governor on central banking in wartime
Andriy Pyshnyy talks about macroeconomic stability, running banks under missile attack, winning IMF aid and post-war reconstruction plans
Two major lenders tighten limits on Russian transactions
Raiffeisen stops euro payments to Russia, and Bank of China stops yuan payments from Russia
Russian governor Nabiullina warns of future hikes
Bank will raise rates if structural deficit rises, while labour market is “complicated”, governor says
Venezuela may join Russian card network
Mir system suffered major setbacks last year after US warning
EU concludes authorities cannot seize Russian assets
Brussels says Europe may be able to invest assets and use extra profits to aid Ukraine
ECB to run cyber attack stress test for eurozone banks
Eurozone banks have seen major increase in hacking after Russian invasion of Ukraine, Panetta says
Russia may nominate candidate for World Bank president
Experts think move is meant to embarrass US
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
EU countries must report Bank of Russia assets, Commission says
Move opens way for seizing Russian assets, but Swiss government says confiscation would be illegal
Russian governor says rates may have to rise
Nabiullina says economy may grow amid wartime investment, but inflationary pressures are high