Russians have in excess of two billion US dollars in Bahamas financial institutions

The Central Bank of the Bahamas (CBB) says international banks and trust companies operating here have in excess of two billion US dollars “in custody or trust assets” with ultimate beneficial owners from or connected to Russia. In a statement, the…

Statement by the President of the Political Council of UKOTA on UK OTs implementation of sanctions against Russia

The Governments of the United Kingdom (UK) Overseas Territories have followed with horror Russia’s invasion of the sovereign democratic state of Ukraine. The Overseas Territories are in solidarity with the UK and the international community in…

Moscow stock market reopens for some bond trading

The Moscow stock exchange has partially reopened after a nearly month-long suspension over the war in Ukraine. Only bonds issued by the Russian government can be traded as part of a phased re-opening of the market. The exchange closed hours after…

Putin’s precise demand for the end of this crisis

Turkey has positioned itself with great care to be the go-between with Russia and Ukraine - and this seems to be paying off. On Thursday afternoon, President Vladimir Putin rang the Turkish President, Recep Tayyip Erdogan, and told him what Russia's…

Delta warns oil increases mean higher ticket prices

Higher oil prices are set to lead to a 10% increase in air fares, according to the boss of one of the world's biggest airlines.Delta Air Lines head Ed Bastian told the BBC the final impact "really depends where fuel prices settle". Oil prices have…

Kyiv terrain will slow Russian troops, say Ukraine generals

At a briefing in their war room on Monday, the two Ukrainian generals responsible for the defence of Kyiv told the BBC how their forces were fighting hard to keep Russian artillery out of range, and explained why they believe the city has strengths…

New evidence highlights corrupt deals

A BBC investigation has uncovered new evidence about the corrupt deals that made Roman Abramovich's fortune.The Chelsea owner made billions after buying an oil company from the Russian government in a rigged auction in 1995. Mr Abramovich paid…

More companies halt operations in Russia

Western Union, Goldman Sachs, The Walt Disney Company, Sony Music and Warner Music are pulling out of Russia amid its ongoing invasion of Ukraine, now in its second week. Goldman Sachs announced that it will be shutting down its operations in…

Instagram banned in Russia over ‘calls to violence’

Russia's state media watchdog Roskomnadzor says Instagram will be blocked in the country due to "calls for violence" against Russian soldiers. Instagram owner Meta said it would let its users in some countries call for violence against Russian…

Jaguar & Land Rover pauses car sales to Russia

Jaguar Land Rover (JLR) says it has paused the delivery of its cars to Russia due to "trading challenges". The car maker, which has its headquarters in Coventry and plants in Castle Bromwich and Solihull, sold 6,900 vehicles to Russia last year.It…