pull out of Russia, Europe’s biggest luxury brands are, so far, trying to continue operating in the country.
“Russians buying crypto actually represents a use case of the sort for which crypto was intended,” said George Monaghan, thematic analyst at analytics firm GlobalData, in a report.
Monaghan added that while the Russian government refused to open the Moscow exchange, Russians are still able to trade in crypto assets.
A broad range of companies, from energy giant BP Plc to Apple Inc.
The departures come as Western countries, including Canada, the U.S.
18, as Russian troops were gathering on the border of Ukraine but had not yet invaded, that the company’s Kupol mine had all the supplies and workforce it needs to continue operating.
“All I can say is we’ve operated there successfully for many years with strong support from the Russian government,” Rollinson said, adding.
Prices were already rising, but the conflict in Ukraine is adding to inflationary pressures, policy makers said in today’s statement.
All told, inflation is now expected to be higher in the near term than projected in January,” the statement said.
The Dow Jones Industrial Average rose 84.56 points, or 0.25 per cent, at the open to 33,379.51.
Capital also had a few thoughts on gold, which it expects will climb higher in coming weeks and months because of safe-haven demand.
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