BREAKING: 1) The @moscow_exchange website is still down & the Russian stock exchange remains closed. The Central Bank orders export led businesses to sell 80% of foreign currencies & bans foreigners from selling Russian securities to try and keep ruble afloat.
6) The @moscow_exchange
website is still down & the Russian stock exchange remains closed on Thursday. The exchange's index has (on a monthly basis) lost over 34% of its value as Russian economy continues to collapse
11) The @moscow_exchange
website is still down & the Russian stock exchange remains closed on Friday as the Russian economy continues to collapse. The value of the #ruble remains below one cent.
12) Yandex may not be able to pay its debts due to #sanctions
17) Moodys has further downgraded Russia's credit rating - to Ca the second lowest on its scale evaluated at 'with likelihood of being near or in default'
21)The @moscow_exchange website is still down & the Russian stock exchange remains closed until at least 8 March - the longest shut down in Russia's modern history
22) The exodus of firms from the collapsing Russian economy continues with major accountancy @PwC , @KPMG and @EYnews all pulling out. The @EYnews press office has described the invasion of Ukraine as “shocking and abhorrent”
High profile law firms including review their relationship with Russia - @LinklatersLLP & @NLawGlobal are closing their Moscow offices & @Freshfields are reviewing their relationship with VTB Bank
28) Since Russia invaded Ukraine over 200 companies have stopped at least some level of trading with Russia - detailed below. Lets hope the last few follow suit.
30) Cryptocurrency exchange #Binance announces that from 9 March transactions initiated with #Visa & #Mastercard cards issued in Russia will be unavailable
31) We are seeing reports that #KFC , #PizzaHut and #TacoBell parent company Yum! Brands has suspended all investment & restaurant development in Russia & will also redirect all profits from operations in Russia to humanitarian efforts
37) @FitchRatings have downgraded Russia to a C rating - meaning they regard a sovereign default to be imminent. The #Russian economy continues to collapse.
Igor Girkin, a former 🇷🇺intelligence colonel & commander of separatist forces in 🇺🇦, will be offering his analysis of Putin & Shoigu's speeches on state TV.
Until now, Girkin was not allowed to feature on state media. His inclusion demonstrates a radical shift in 🇷🇺's narrative.