Mordashev, the richest Russian in the world, charges Putin to ask for the end of the war with Ukraine

Less than a week seems to have lasted Vladimir Putin’s support of the main oligarchs Russians. Before the successive sanctions that are being witnessed around the world, the Russian business side is beginning to question whether it is necessary to end the war with Ukraine, in some criticism still committed but led by the country’s … Read more

Russia doubled the price of gas to Spain in December while Algeria cut its shipments

Maximum tension in the energy markets. Russia doubled the sale price of its liquefied natural gas to Spain last December while Algeria, our main supplier, drastically reduced its shipments. According to data collected by Gasindustrial, the Russian Federation went from selling gas at 38.42 euros/MWh last November to charging 86.70 euros in December, which represents … Read more

Ukraine and Russia end their negotiation with “progress” and with the Russian nuclear deterrent forces on alert

27/02/2022 – 10:29 Updated: 18:20 – 02/28/22 The meeting between the Russian and Ukrainian delegations to negotiate a cessation of hostilities agreement held this Monday on the border between Ukraine and Belarus, near the Pripyat River, has come to an end with “progress” although without any agreement. Both sides have shown their willingness to resume … Read more

Santander Consumer Finance plans to hire 100 professionals in a new technology center in Valladolid

Valladolid 1/03/2022 – 17:36 Santander Consumer Finance, through its technology subsidiary Santander Consumer Finance Global Services (SCFGS), will open a technology development center in Valladolid to promote the transformation of its business. This center aspires to hire 100 professionals with different technological profiles in the next two years. According to sources from Santander, the entity … Read more

The structure of the oil market sets off alarms: something like this has not been seen since the invasion of Iraq in Kuwait

Russia’s massive attack on Ukraine has pushed oil prices to $100 a barrel, a level that a few months ago seemed unreasonable and unattainable. However, the worst could still be to come if you look at the futures curve that shapes the oil market. The market is in a structure known as super-backwardation that usually … Read more

The Norwegian pension fund is not the only one: managers are already freezing their Russian investment

7:00 – 1/03/2022 Updated: 16:26 – 03/1/22 The world tries to corner Russia in the financial system with sanctions that already have their Domino effect. The world’s largest sovereign wealth fund, Norges Bank – with more than 1.16 billion euros under management-, has been one of the first big players in the market in move … Read more