French bank BNP Paribas halts financial transactions in Russia
By France24
23 March 2022 |
5:02 am
The French bank BNP Paribas has told its customers it will no longer process transactions in Russia after the end of March, as it halts all new projects in the country. BNP's Russian business is relatively small - with €1.3 billion of exposure to the market - but the move is symbolic as other lenders consider their position in the country. Also today, we hear from the Ukrainian farmers who are continuing to work the land amid fears for food production due to the war.
In this article
Related
24 Mar
Ukraine has been hit with a massive wave of missile attacks for the first time in weeks, cutting power to the Zaporizhzhia nuclear power plant.
18 Mar
More than 20,000 people have reached Italy's shores this year and the government says the influx is deliberate. It now wants NATO's help.
19 Mar
Niger, one of the world's poorest nations, has resisted a recent spate of coups and inroads by Russian mercenaries seen in neighboring countries and is set to benefit from millions in US aid.
26 Mar
China and Russia announced a visit to Moscow by President Xi Jinping next week. Beijing, a longtime Moscow ally, seeks a peace mediator role over the war in Ukraine.
26 Mar
As Chinese leader Xi Jinping begins his three-day trip to Moscow on Monday, all eyes are on how China positions itself in the ongoing war and experts describe the trip as “extremely delicate” for the Chinese President.
25 Mar
Since Russia started its war in Ukraine, the EU has made extensive use of its sanction's toolbox. Despite this, sanctioned goods from Europe still seem to find their way to Russia.
25 Mar
Security forces raided the homes and offices of former employees of the rights organization Memorial. The wave of searches is part of a sweeping crackdown against dissent in Russia.
27 Mar
The Russian leader said he struck a deal with his Belarusian counterpart to station tactical nuclear weapons on its territory, making it the first time Moscow has based the arms outside the country since the mid-1990s.
29 Mar
Kyiv says it wants UN Security Council action after Moscow announced plans to station tactical nuclear weapons in Belarus. Russia's leader has accused the West of building an axis against Moscow. DW rounds up the latest.
28 Mar
Chelsea posted an overall net loss of almost $149 million for 2021-22 due to "extraordinary expenses and loss of revenue" after sanctions were imposed on previous owner Roman Abramovich, the English Premier League soccer club said on Monday.
28 Mar
Russia has lost tanks in the town of Avdiivka due to "tactically flawed" assaults, according to British intelligence. Meanwhile, the first Challenger 2 tank has arrived in Ukraine. DW has the latest.
31 Mar
Russian security services have accused US reporter Evan Gershkovich of spying on its military. They have provided no evidence. A brief arraignment hearing was held with the case classed as "top secret," his lawyer said.
Latest
28 mins ago
Elena Kolbasnikova, a Ukrainian national who lives in the western German city of Cologne and has spoken out in support of Russia's invasion of Ukraine, argues that she has a right to freedom of speech.
28 mins ago
The Justice Department is investigating Trump's handling of classified documents after he left office. Around 100 documents marked classified were seized from his Florida residence.
28 mins ago
President Zelenskyy said he has visited the flood-hit region of Kherson, as rescue efforts continue following the breach of the Kakhovka dam and says more help is needed.
1 hour ago
In the year following Russia's invasion of Ukraine, the war's carbon bootprint is similar to the entire emissions of Belgium, conflict emission experts say.
1 hour ago
Recent accusations against Rammstein frontman Till Lindemann have highlighted the issue of security for women at concerts. The allegations of sexual misconduct are overshadowing the band's European tour.
1 hour ago
Sanjana Tiwari turned to sex work after being ostracized due to being transgender. She engaged in unprotected sex for over a decade before an encounter with a charity turned her life around. Now she's helping others.