World’s largest credit card issuers suspend business in Russia

World’s largest credit card issuers suspend business in Russia

Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. Visa will work with customers and … Read more

Russia blocks Facebook and Twitter

Russia blocks Facebook and Twitter

Social networks Twitter and Facebook are no longer available in Russia. (Photo: dpa) Moscow The media regulator in Moscow has blocked the social network Facebook in Russia. The Roskomnadzor authority announced on Friday in Moscow that it was a reaction to the shutdown of several Russian media pages on Facebook. Shortly thereafter, the Kremlin restricted … Read more

Mercedes-Benz stops sales and production in Russia

Mercedes-Benz stops sales and production in Russia

Vladimir Putin, among others with Dieter Zetsche and Peter Altmaier Production in Russia was only ramped up in 2019 with a lot of effort. (Photo: Reuters) Munich After BMW and Audi, Mercedes-Benz is also suspending its activities in Russia. As the Stuttgart carmaker announced on Wednesday evening, the company will “stop exporting cars and vans … Read more

War in Ukraine sends oil prices skyrocketing

War in Ukraine sends oil prices skyrocketing

Energy from Russia Buyers around the world are currently trying to buy oil from other countries. (Photo: Reuters) Düsseldorf The war in Ukraine, which Russia is waging with increasing severity, is causing oil prices to explode. The North Sea variety Brent has risen to $113, the highest level since July 2014. The US variety WTI … Read more

Russian news agency mistakenly celebrates victory

Russian news agency mistakenly celebrates victory

Screenshot by Ria Novosti The comment quickly disappeared from the site, but can still be found in the web archive. Berlin As has just become known, the Russian state news agency Ria Novosti published a comment on Russia’s victory over Ukraine on Saturday morning. “A new world is emerging before our eyes,” it says. Russia … Read more

BP withdrawal puts German energy companies under pressure

BP withdrawal puts German energy companies under pressure

Rosneft oil production near Nizhnevartovsk BP is putting its shares in the Russian group up for sale. (Foto: Bloomberg/Getty Images) Düsseldorf It is the largest withdrawal of a Western company from Russia to date: the British oil multinational BP announced on Sunday evening that it would sell its shares in the Russian oil company Rosneft. As … Read more