Tuesday

17th Jul 2018

Ticker

Russia looks to crypto-currencies to evade EU sanctions

Sergey Glazyev, a Kremlin aide on an EU visa-ban and asset-freeze list, said in Moscow on Tuesday that Russia was looking to use crypto-currencies, such as Bitcoin, to evade EU economic sanctions, according to Russian news agency Kommersant. Glazyev said that sanctions, also imposed by the US over Russia's invasion of Ukraine, created an "objective need" for novel financial systems, including the creation of a Russian national crypto-currency in 2018.

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EU and Japan wave light in Trump's 'darkness'

EU leaders and Japanese prime minister signed a series of agreements, including the EU's biggest trade deal ever, designed as an answer to the disruption of the world order by the US president.

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