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In today’s top Europe, Middle East, and Africa news, the Russian invasion into Ukraine triggered more than $242 million in liquidations in the crypto market, while Allegro, one of the largest eCommerce websites in Europe, reported its revenue was up nearly 34% last year compared...
U.S. President Joe Biden and the leaders of the United Kingdom, dozens of European countries, Oceania and Japan announced sweeping sanctions on Thursday (Feb. 24) aimed at punishing Russia financially in response it its full-scale invasion of Ukraine. Get the Full Story Complete the form...
U.K. Prime Minister Boris Johnson on Thursday (Feb. 24) pushed “very hard” to remove Russia from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international payments system, which would severely limit the ability of Russia to trade outside the nation, the Financial Times reported. Get...
The International Monetary Fund (IMF) has warned the United Kingdom that deregulation of the country’s financial system presents issues over the role of the Bank of England (BoE) in competitiveness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Russia’s attack on Ukraine is now unfolding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals and halted the use of electronic currency and digital wallets. Get the Full Story Complete the form to unlock this...
Global payments provider Nium has partnered with international payment service ECOMMPAY to offer merchants a “closed-loop system” for international payouts, a press release said Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia, Reuters said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
