U.K. revokes Moscow Stock Exchange’s recognized status over Ukraine war
Global News
"Revoking Moscow Stock Exchange’s recognized status sends a clear message — there is no case for new investments in Russia," Britain's financial secretary said in a statement.
Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s (MOEX) status as a recognized stock exchange in response to Russia‘s invasion of Ukraine, a move that would remove some tax relief for investors.
“Revoking Moscow Stock Exchange’s recognized status sends a clear message — there is no case for new investments in Russia,” Britain’s Financial Secretary to the Treasury, Lucy Frazer, said in a statement.
Britain said the move was in response to restrictions the Bank of Russia has placed on foreign investors, citing a Feb. 28 ban by the exchange that prevented brokers from selling assets at the instruction of non-Russian residents.
Britain’s HMRC tax authority has launched a two-week consultation on the move, inviting comment from interested parties before the terms were finalized.
“We’ve designed the revocation order in such a way that investors should experience no change in respect of their pre-existing investments on MOEX,” HMRC said.
The U-Haul truck, with its side mirrors shattered, was stopped several blocks away and surrounded by police cars.
The U.S. has launched another round of retaliatory strikes against the Islamic State in Syria following an ambush that killed two U.S. soldiers and an American interpreter.
As protests in Iran near the two-week mark, Canada condemns the crackdown. Mark Carney calls reports of violence and arrests “profoundly concerning” and urges for peaceful protest.
"I would like to make a deal the easy way, but if we don't do it the easy way we're going to do it the hard way," he added, appearing to allude to potential military action.
Reza Pahlavi is trying to position himself as a player in his country’s future after living in exile for nearly 50 years, successfully escalating nationwide protests in Iran.
In a social media post, Lula also said both leaders condemned the United States' use of force in Venezuela and called for reform to global governance institutions.
The European Union's top foreign policy envoy said Russian President Vladimir Putin’s reply to diplomacy was “more missiles and destruction.”
Iran was largely cut off from the outside world on Friday after authorities blacked out the internet to curb growing unrest, as video showed buildings and vehicles ablaze in anti-government protests raging through the streets of several cities. In a televised address, Supreme Leader Ayatollah Ali Khamenei vowed not to back down, accusing demonstrators of acting on behalf of...
In blunt remarks, German President Frank-Walter Steinmeier and France’s President Emmanuel Macron said global democracy was being attacked as never before.
The protest represented the first test of whether the Iranian public could be swayed by Crown Prince Reza Pahlavi, whose father fled Iran just before the 1979 Islamic Revolution.
Here's why Trump may be keen on acquiring Greenland, and why it's an important strategic security asset no matter who's in charge.
Denmark has welcomed a meeting with the U.S. next week to discuss President Donald Trump’s renewed call for Greenland to come under American control.
The tanker had recently changed its name from Bella 1 to the Marinera and adopted a Russian flag.