Author: Steven Sahiounie

The president last visited Buryatia in August 2017 when he was dealing the aftermath of wildfires in Buryatia and the Irkutsk Region Russian President Vladimir Putin has arrived in Ulan-Ude on Tuesday where he is set to visit the Ulan-Ude Aviation Plant and hold a meeting on the development of Far East cities. The president, cabinet members, governors of the Trans-Baikal Region, Sakhalin and Amur regions and heads of some Russian companies will attend the meeting by video link. Deputy Prime Minister, Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev and Head of the Republic of Buryatia…

In light of the fresh closure of Silicon Valley Bank and Signature Bank, Trump announces the sign of the times of economic downfall in the US. Speaking in Davenport, Iowa, former US President Donald Trump confidently told his supporters that he is the only president that could effectively prevent World War III from happening. “I am the only candidate who could make this promise. I will prevent World War III because I really believe you’re going to have World War Three,” he said. Trump has made similar promises in the past that there would be “no dead people” in Ukraine or…

The US Central Command confirms that the Green village base in northeastern Syria was attacked by two missiles near the international coalition forces, and indicates that there were no injuries or material damage. The US Central Command (CENTCOM) announced that the occupied Green Village in northeastern Syria, near the occupied Al-Omar oilfield, was attacked, on Monday evening, when two missiles fell near the ‘international coalition forces’, without causing any injuries or material damage. CENTCOM indicated, in a statement, that on March 13, at 8:23 pm, local time in Syria, two missiles landed near the Mission Support Site Green Village in northeastern Syria. The…

Artyomovsk, Apty Alaudinov said, is currently completely blocked by Russian forces The commander of the Akhmat commando unit, deputy commander of the 2nd Army Corps of the LPR People’s Militia, Apty Alaudinov, estimates that Kiev may have commissioned 7,000 to 10,000 troops in an attempt to retain positions in Artyomovsk (Ukrainian name – Bakhmut). “The mobilized were massively moved there. Naturally, hundreds of them keep dying. Of course, I’m not ready to say how many Ukrainian troops there are. According to my own estimates, 7,000 to 10,000 men were commissioned in an attempt to hold the city. I’m not ready…

Sergey Lavrov pointed out that one of the goals of the hybrid war of the West is to demonize Russia in the eyes of the world community The European Union has the United States to thank for ridding it of its dependence on Russian energy resources, as well as the fact that its energy costs have tripled, Russian Foreign Minister Sergey Lavrov said on Tuesday. He was speaking at the opening of the founding congress of the International Movement of Russophiles. Lavrov recalled the recent statements made by European Commission President Ursula von der Leyen in Washington, who thanked the…

First Republic Bank has led the sell-off, with its share price nosediving more than 60% Stocks of US regional lenders continued to slide on Monday, as First Republic Bank recorded a massive drop of 61.8%, forcing a brief halt in trading due to volatility. The country’s banking sector has been buffeted by a series of collapses that began last week. The San Francisco-based lender extended last week’s losses of 33%. At the same time, PacWest Bancorp slid 45%, while Western Alliance Bancorp lost more than 47%. Zions Bancorporation declined by about 26%, while KeyCorp shed some 27%. Major financial institutions…

From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say. The crypto ecosystem was built on the belief that no one entity, meaning a bank, should be in charge of one individual’s finances, but until that becomes a reality, traditional banking will likely have to serve as a bridge between centralized finance and decentralized finance. Thus, the shutdown of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank will certainly cause headaches for the industry in the short-term as many crypto companies search for new banking partners, uncertain if larger entities will even want to…

The real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity, a source told CoinDesk. Signet, a real-time payments platform popular with Signature Bank’s institutional crypto clients, will continue to operate after state regulators shuttered Signature Bank on Sunday to “protect depositors,” a source told CoinDesk. Signature Bank’s assets were transferred to Signature Bridge Bank – a new interim entity that will be temporarily run by the Federal Deposit Insurance Corporation (FDIC). Signet was launched on Jan. 1, 2019, as a proprietary blockchain-based digital payments platform. The service was integrated with…

Banking sector stress strengthens the case for Fed pause next week. Likely beneficiaries from the financial stress are gold and bitcoin, one observer said. Bitcoin (BTC) continued to rally early Tuesday as a key banking sector risk indicator spiked, strengthening the case for a pause in Federal Reserve’s (Fed) rate hikes. The leading cryptocurrency by market value rose to a three-week high of $24,900, extending a three-day winning streak, CoinDesk data show. Prices pretty much reversed the entire drop from $25,000 to $19,500 seen in the second half of February. The gap between the U.S. three-month forward rate agreement (FRA) and the overnight…

USDC depegged over the weekend to 89 cents, and a Buterin-linked wallet may have bought the dip. A wallet named after Ethereum co-founder Vitalik Buterin spent 500 ether, or just over $700,000, over the weekend to mint the lesser-known RAI stablecoin and used the funds to purchase USD Coin (USDC) while it traded below its $1 peg. The wallet labeled vitalik.eth was created seven years ago and held more than 5,360 ether as of Tuesday. While Ethereum Names Service (ENS) domains resolve to crypto wallets, they may be not necessarily held by a person popularly associated with the name. “Vitalik-labeled address has…