Russia has been suspended from all FIFA and UEFA competitions until further notice FIFA

FIFA and UEFA worked together to remove Russian teams from international football competitions on Monday as world sport closed its doors to Russia following the invasion of Ukraine.

The most powerful organizations in football have joined the International Olympic Committee in action after days of growing protests. Removal means Russia will not be able to face Poland in the semi-finals of the World Cup playoffs next month, while its women’s team will also be banned from the European Championship this summer in England and the remaining club team in the European competition Spartak Moscow is no more. to compete in the Europa League.

In a joint statement, the two organizations said: “FIFA and UEFA have today jointly decided that all Russian teams, whether national teams or club teams, be suspended from FIFA and UEFA competitions until further notice.

“These decisions were adopted today by the Bureau of the FIFA Council and the UEFA Executive Committee, respectively by the highest decision-making bodies of the two institutions on such urgent matters. Football here is fully united and in full solidarity with all the people affected in Ukraine. Both presidents hope that the situation in Ukraine will improve significantly and rapidly so that football can once again be a vector of unity and peace between people.

UEFA has also announced a second major move, confirming that it has canceled a long and lucrative sponsorship deal with Gazprom. The Russian gas company has sponsored the Champions League for a decade, and the final of this year’s competition was to be played at Gazprom Arena in St. Petersburg.

Last week, however, UEFA moved the match to Paris and has now severed ties altogether. “UEFA has decided today to end its partnership with Gazprom in all competitions,” the statement said. “The decision takes effect immediately and covers all existing agreements, including the UEFA Champions League, UEFA national teams and Euro 2024.

Daniil Medvedev after a defeat by Rafael Nadal in the semifinals of the Mexican Open
Daniil Medvedev became world number one in men on Monday. It is not clear what the sports sanctions will mean in out-of-team sports. Photo: Eduardo Verdugo / AP

On Sunday, FIFA said Russia could continue to compete in World Cup qualifiers if it changes its name and plays in neutral matches. The action, described by FIFA as taking “initial measures”, was fiercely repulsed by Poland, Russia’s opponents in the World Cup qualifiers. Poland’s position has been supported by a number of other European nations, including the football associations of England, Scotland, Wales and the Republic of Ireland.

As pressure on FIFA increased on Monday, the change in direction was signaled by IOC intervention. Citing the Olympic Movement’s mission to “contribute to peace through sport and unite the world in peaceful competition beyond all political disputes”, the IOC issued a long resolution calling on all sports organizations to act.

“To protect the integrity of world sports competitions and the safety of all participants,” the resolution said. officials in international competitions ”.

However, the IOC has added a condition that could still mean that Russia is competing in the Winter Paralympic Games, which begin in Beijing this weekend. In situations where the short notice “for organizational or legal reasons” means that Russia and its ally in the invasion of Ukraine, Belarus, cannot be ruled out, they “should only be accepted as neutral athletes or neutral teams,” he said. IOC. This will be a sanction similar to the one applied to Russia at last year’s Tokyo Olympics, where “no national symbols, colors, flags or anthems should be displayed.”

The Ukrainian delegation for the Winter Paralympic Games is yet to arrive in Beijing for the invasion, and on Monday night the British Olympic Association called on Russian athletes to be banned from competing immediately.

“Together with the German National Olympic Committee, [we demand] the immediate exclusion of Russia and Belarus from the international sports family until further notice, “BOA said. “We call on the international sports federations to ban the competitions of athletes representing Russia and Belarus for the time being and to remove Russian and Belarusian officials from their positions.

Additional questions are likely to be asked now about the participation of Russian athletes in non-Russian teams, as well as in individual sports. One of the most striking examples is Daniil Medvedev, who took on the mantle of Novak Djokovic’s No. 1 men’s tennis player on Monday and issued a statement calling for peace over the weekend.

Seva Kevlich, a member of the Tennis Federation’s board, told Reuters that Medvedev should not be eligible to participate in Grand Slam matches. “I allow [Medvedev] “He plays in the ATP Tour, but the Grand Slam tournaments are ITF events, and if you lose the opportunity to play in the Grand Slam, he will never be number one in the world,” Kevlic said. “He should not play in the French Open, US Open and Wimbledon.

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Kevlich’s words reflect a broader, broader agenda for action against Russia, issued by Ukraine’s Ministry of Sports. Arguing that “Russian authorities use sporting achievements to propagate their own ideology” and as “a tool to promote the ideas of harassment, murder and destruction”, the ministry called not only for athletes to be excluded from the competition, but also for Russian officials to be removed from the governing bodies and Russian companies from the right to act as sponsors.

Russia has been suspended from all FIFA and UEFA competitions until further notice FIFA Read More »

Shell will leave Russia after the invasion of Ukraine, joining BP

  • Shell is retiring from the giant Sakhalin LNG project
  • Relocation to lead to a depreciation of $ 3 billion
  • “We are shocked by the loss of life in Ukraine,” said the executive director

LONDON, March 1 – Shell (SHEL.L) will leave all of its operations in Russia, including a large liquefied natural gas plant, it said on Monday, becoming the last major Western energy company to leave the oil-rich country after the operation. of the Moscow invasion of Ukraine.

The decision comes a day after rival BP abandoned its stake in Russian oil giant Rosneft (ROSN.MM) in a move that could cost the British company more than $ 25 billion. Norwegian Equinor (EQNR.OL) also plans to leave Russia. Read more

Shell said in a statement that it would leave Sakhalin 2, the leading liquefied natural gas plant, in which it owns a 27.5% stake and which is 50% owned and operated by Russian gas giant Gazprom.

Shell said the decision to leave the Russian joint ventures would lead to devaluation. Shell had about $ 3 billion in non-current assets in these plants in Russia at the end of 2021, it said.

“We are shocked by the loss of human life in Ukraine, which we regret as a result of a senseless act of military aggression that threatens European security,” Shell CEO Ben van Beurden said in a statement.

Rival BP CEO Bernard Looney convened an emergency meeting with his management team on Thursday, just hours after the first Russian bombs fell on the Ukrainian capital Kyiv last week, two BP sources told Reuters. Russia calls its actions in Ukraine a “special operation.”

During the unannounced meeting, Looney made it clear that the company’s investment in Rosneft had become insolvent, sources said.

“There was only one decision we could make,” said one BP insider. “The way out was the only viable way.”

Looney held two more board meetings over the weekend, after which board members voted to leave Rosneft immediately, sources said.

Looney also spoke with British Business Secretary Quasi Quarteng on Friday when Quarteng expressed concern about BP’s interests in Russia. Kwarteng welcomed BP’s decision to leave on Twitter on Sunday.

SHELL

Kwarteng had a similar announcement for Shell on Monday.

“Shell has made the right call for liberation from Russia,” he said on Twitter, adding that he spoke with van Beurden earlier Monday.

The Sakhalin 2 project, located off Russia’s northeast coast, is huge, producing about 11.5 million tonnes of LNG a year, which is exported to major markets, including China and Japan.

For Shell, the world’s largest liquefied natural gas retailer, leaving the project is a blow to its plans to supply gas to emerging markets in the coming decades.

Shell said Russia’s exit would not affect its plans to switch to low-carbon and renewable energy.

The company also plans to end its involvement in the Baltic Nord Stream 2 gas pipeline, which connects Russia with Germany, which it helped finance as part of a consortium of companies. Germany halted the project last week. Read more

Shell will also leave Salym Petroleum Development, another joint venture with Gazprom.

Together, Salim and Sakhalin II contributed $ 700 million to Shell’s net revenue in 2021.

“It’s the right decision for the Shell board to leave its Russian companies,” said Adam Matthews, chief investment officer for the British Church’s pension council, which is investing in Shell, in a LinkedIn post.

“Following BP’s decision, the focus is on those who have not yet taken such a step,” Matthews said.

Japan’s Mitsui & Co (8031.T) and Mitsubishi Corp (8058.T), which hold 12.5% ​​and 10%, respectively, in Sakhalin 2, said separately that they were investigating Shell’s announcement. They said they would discuss the situation with the Japanese government and project partners without giving further details.

Norwegian Equinor, a majority owner of the Norwegian state, said earlier on Monday that it would start giving up its joint ventures in Russia. This came after the country’s sovereign wealth fund, the world’s largest, said on Sunday it would sell its Russian assets.

Other Western companies, including global bank HSBC and the world’s largest aircraft leasing company, AerCap, have said they plan to leave Russia as Western governments tighten economic sanctions against Moscow. Read more

Report by Ron Busso in London, Shanima A in Bengaluru and Yuka Obayashi in Tokyo; Edited by Jonathan Oatis, Simon Webb, Richard Pullin and Kenneth Maxwell

Our standards: ‘ principles of trust.

Shell will leave Russia after the invasion of Ukraine, joining BP Read More »

HBO says Euphoria is now his second biggest show to date

Euphoria

Euphoria
Photo: Eddie Chen / HBO

The concept of the HBO show has changed over the years, from defining the genre to “prestigious dramas” such as The Sopranosto sharp / weird comedies like Restrain your enthusiasmto extremely expensive spectacles at the cinema level such as Game of Thronesbut although the attention attracted by the spectacles seemed to captivate everything else, a little show called Euphoria moves by truck, dominating the cultural conversation with its trivial stories with high stakes for teenagers, drugs, sex and Zendaya.

And now, from last season’s finale, Euphoria it is now HBO’s second most-watched show since 2004, the first Game of Thrones. This statistic comes from HBO itself (through Diversity), so there is no explanation for this thing “from 2004” (perhaps some medium-term Deadwood or Soprano the season was technically bigger, but HBO doesn’t want to lose good PR Euphoria?), but the point is this Euphoria is huge.

So huge Diversity says the ratings for the episode have risen “almost 100 percent” since the first season and reached a “high value for a new series” with the episode, which aired against the Super Bowl earlier this month. Who would have thought that there is not much crossover between the audience Euphoria and the Super Bowl?

It’s worth noting that it all comes from HBO, so it’s just pointless HBO propaganda (like when Netflix brags about how popular its original content is), but his decision to divulge that fact at least shows that HBO is very pleased. from Euphoria. Besides, speaking of nonsense, the show is “the most tweeted TV show of the decade (so far),” according to separate Diversity report.

If that was something that mattered, though, we’d all hear about … 9-1-1: Lone Star much more than we do now. (To this writing, this is one of the shows that is currently on trend on Twitter and what lends itself best to this kind of joke. WWE Raw and The bachelor not so funny, you know.)

If you are looking forward to see what it is Euphoria hype is around, the second season has just ended and it is already has been renewed for a third.

HBO says Euphoria is now his second biggest show to date Read More »

A huge convoy of Russian cars is approaching Kyiv

Russia appears to be advancing its invasion of Ukraine with satellite imagery showing a huge convoy – about 40 miles or 65 kilometers long – of Russian military vehicles heading for the Ukrainian capital Kyiv.

The following satellite image was taken by the American company Maxar Technologies on Monday. It appears to show a convoy of Russian armored tanks and trucks stretching from Pibirsk, north of Kyiv, to Antonov Airport (also known as Hostemel Airport, the site of last week’s fighting between Russian and Ukrainian forces) on the northeastern outskirts of Kiev. the Ukrainian capital.

Satellite images from Maxar Technologies, taken on February 28, appear to show a convoy of Russian vehicles advancing toward the Ukrainian capital, Kyiv. The company says these images show the northern end of the convoy, with logistics and supply vehicles. Satellite image (c) 2022 Maxar Technologies.

Maxar Technologies | Getty Images

In some parts of the convoy, the vehicles appear to be moving three or four side by side on the road. The distance along the road is approximately 40 miles.

It should be noted that the situation in Ukraine is developing rapidly and may now differ from what is seen in these images, which show the convoy on Sunday and Monday.

The following two photos were taken by Maxar Technologies on Sunday. At this point, it seems that the convoy does not cover such a large area and the clouds interfere with the full visibility of the area.

Satellite images from Maxar Technologies, taken on February 27, appear to indicate that a convoy of Russian vehicles is advancing toward the Ukrainian capital, Kyiv. The large deployment of Russian ground forces is seen in a convoy northeast of Ivankov, Ukraine. Satellite image (c) 2022 Maxar Technologies

Maxar | Maxar | Getty Images

Satellite images from Maxar Technologies, taken on February 27, appear to indicate that a convoy of Russian vehicles is advancing toward the Ukrainian capital, Kyiv. The large deployment of Russian ground forces is seen in a convoy northeast of Ivankov, Ukraine. Satellite image (c) 2022 Maxar Technologies

Maxar | Maxar | Getty Images

Official sources have not confirmed the convoy’s existence, but there are fears that this suggests that Russia is preparing to launch a full-scale attack on Kyiv, a city it has not yet occupied, despite clashes on the outskirts.

Other images from Maxar suggest additional military activity in southern Belarus, which borders Ukraine and is an ally of Russia, showing ground forces and helicopter ground attack helicopters. Again, official sources have not confirmed whether these units – or Belarus in general – are preparing to join Russian forces in an attack on Ukraine.

President of Belarus Alexander Lukashenko reiterated on Monday that his country has no plans to join the invasion, according to the state news agency Belta.

Will Ukraine surrender?

Russia launched its invasion of Ukraine last Thursday, and its forces attacked various cities and regions in the north, east and south of the country. However, analysts suggest that Russia has made slower progress towards the country and has met with more resistance than expected.

If Russia is about to launch a much heavier attack on the capital Kyiv, however, how the Ukrainian armed forces and civil resistance will cope is much more uncertain.

The Pentagon noted that the Kremlin still wants its troops to take Kyiv, despite strong Ukrainian resistance.

“We have all indications that they still want to take Kyiv, that they are advancing on the ground and trying to get closer,” a senior defense official told CNBC on Monday, requesting anonymity to share new details from the Pentagon. Evaluation.

Separately, Teneo Intelligence analysts concluded on Monday that the Kremlin appears determined to eliminate Ukraine’s political leadership, while the Russian military movement implies preparations for new, possibly more severe military action against the capital Kyiv and other key cities in the coming days. “

However, the UK Ministry of Defense is taking a more sober look at Russia’s progress, tweeting Monday in its intelligence update that

Peace talks between Russian and Ukrainian delegates took place in neighboring Belarus on Monday, and although no breakthrough has been reached, there are hopes that talks will continue in the coming days.

For its part, Ukraine has vowed not to surrender to Russia and has called for an immediate ceasefire and for Russian forces to leave its territory.

“Ukraine is ready to continue seeking a diplomatic solution, but Ukraine is not ready to surrender or capitulate,” Foreign Minister Dmitry Kuleba told CNBC’s Hadley Gamble on Monday.

Ukrainian President Volodymyr Zelensky has already expressed a pessimistic tone about the outcome of the talks, and Kuleba told CNBC he did not know if the talks would be successful.

“I am a diplomat, I must believe in the success of the negotiations, but at the same time my main goal as a diplomat now is to impose more sanctions on Russia, to bring more weapons to Ukraine and to isolate Russia as much as we can in the international arena.” that I am focused on this part of diplomacy, “Kuleba said

“We stand up not only for ourselves, but for the world order as we all know it.”

The Foreign Minister said that “every 24 hours is crucial because Russia has more and more military power against Ukraine, hundreds of tanks are moving in the country, they dominate the sky with their bombers, missiles, missiles are thrown at our peaceful cities “Civilians have been killed, but we continue to fight.”

He said the war had become a “real people’s war against Russian aggression”.

Russia has already carried out attacks both on the ground and in the air, with major cities reporting shelling and damage to buildings. Both sides said some of their soldiers had been killed, and Ukraine said several hundred of its citizens had died in Russian attacks, including several children.

The invasion has resulted in a huge number of Ukrainians trying to flee the security country of Eastern Europe, although many have also remained defending their homes and nation.

– Amanda Macias from CNBC contributed to the report on this story.

A huge convoy of Russian cars is approaching Kyiv Read More »

Mark Mobius on rising bitcoin prices following sanctions against Russia

Veteran investor Mark Mobius said the recent rise in bitcoin may be due to Russians buying cryptocurrency.

“I wouldn’t be a buyer, but if I were Russian, I would be a buyer,” Mobius told CNBC’s Capital Connection on Tuesday.

“I would say that’s why bitcoin has shown strength now – because the Russians have a way to make money, to make a fortune,” said Mobius, founder of Mobius Capital Partners.

Bitcoin prices rose 10% on Monday as sanctions were imposed on Russian institutions, including banks, in response to the country’s invasion of Ukraine.

Since the invasion began on Thursday, transactions on centralized bitcoin exchanges in both the Russian ruble and the Ukrainian hryvnia have risen to their highest levels in months, according to crypto data company Kaiko.

Bitcoin traded around $ 43,327 in the early hours of Tuesday morning Eastern Time.

Read more about cryptocurrencies from CNBC Pro

The United States has responded to Moscow’s unprovoked attack on Ukraine with several rounds of sanctions against Russian banks, its central bank, the country’s public debt, Vladimir Putin and Foreign Minister Sergei Lavrov.

Over the weekend, the United States, European allies and Canada agreed to exclude key Russian banks from the SWIFT interbank messaging system, which connects more than 11,000 banks and financial institutions in more than 200 countries and territories.

The White House is also pursuing the personal wealth of Russian billionaires, recently announcing the creation of a task force to focus on their lucrative assets, including yachts and mansions.

If it weren’t for bitcoin, Mobius said, the Russians would have “really problems with all the road closures so they can transfer money.”

Ari Redboard of blockchain intelligence company TRM Labs also told CNBC on Tuesday that Russia would turn to cryptocurrencies in a bid to evade sanctions.

However, crypto cannot be used “on a scale close to resolving the sanctions issue,” said Redboard, the company’s head of legal and government affairs.

“There’s just no liquidity out there that can really affect what Russia is facing right now,” he said.

Redboard also said that most of the liquidity is in large crypto exchanges, which have “stable compliance controls” to monitor transactions that would report suspicious activity.

Where to invest against the background of geopolitical tensions

Mobius called on investors to diversify their portfolios and buy gold as geopolitical tensions spill over into markets.

“Gold is a place where you have to be, as I’ve mentioned for a long, long time, it’s very important to have a little physical gold,” he said.

Gold, a traditional safe haven in times of uncertainty, rose more than 6% in February. Spot gold last traded at around $ 1,908 an ounce.

Mobius also advised European investors to start diversifying from Europe to the United States and some Asian markets. “This is a very good lesson in diversification,” he said.

The pan-European Stoxx 600 lost 4.6% in the last month, and the German DAX index fell 5.6% over the same period, according to FactSet.

– Abigail Ng, Tanaya Machel and Brian Schwartz of CNBC contributed to this report.

Mark Mobius on rising bitcoin prices following sanctions against Russia Read More »

“I look at both of them as one family”

Action star Steven Seagal – who was banned from Ukraine for five years in 2017 after Russian President Vladimir Putin gave the actor a Russian passport – spoke about the Ukrainian conflict on Monday, saying he saw the two sides “as one family”.

“Most of us have friends and family in Russia and Ukraine,” the action star told Fox News Digital on Monday. “I see both as one family and I really believe that this is an external entity that spends huge sums of money on propaganda to provoke the two countries to be in conflict with each other.

“We pray that both sides will reach a positive, peaceful solution in which we can live and prosper together in peace,” the 69-year-old added.

The “Under Siege” star has been appointed special envoy for humanitarian relations with the United States by the Russian Foreign Ministry in 2018. The unpaid concert will facilitate relations between Russia and the United States in the humanitarian field, including cooperation in culture, arts, public and youth exchange, “the agency said.

Stephen Seagal
American actor Steven Seagal is sending prayers to both sides and hopes for a peaceful solution soon.
Anton Novoderezhkin / TASS

In 2021, Seagal was officially introduced at a ceremony at the Proputin’s Just Russia-Patriots for the Truth political party.

He received Russian citizenship in 2016 and defended Russia’s leadership in annexing Crimea in 2014, calling Putin “one of the great living world leaders.”

Months after he received Russian citizenship and was personally presented with a passport from Putin, Ukraine considered the “Hard Killing” actor a threat to national security and banned him from entering the country for five years.

Seagal’s citizenship was to be a sign of improved US-Russian relations.

Russian President Vladimir Putin (left) hands over a Russian passport to Hollywood actor Stephen Seagal
Russian President Vladimir Putin presented a Russian passport to Hollywood actor and friend Stephen Seagal at the Kremlin in Moscow, Russia, on November 25, 2016.
Getty Images

Both Seagal and Putin practice martial arts and have attended several events together during his visits to Russia.

Russia launched its invasion of Ukraine last week, wreaking havoc on the Eastern European nation.

Although the exact death toll is unclear, hundreds of civilians have been reported, including at least 16 children. Hundreds of thousands have already fled the violence in neighboring nations, sparking a huge refugee crisis in Europe.

“I look at both of them as one family” Read More »

Russia expects workarounds for sanctions on energy, gold and cryptocurrency

WASHINGTON (AP) – Severe sanctions imposed regarding Russia and the subsequent collapse of the ruble, the Kremlin is struggling to sustain the country’s economy. For Vladimir Putin, this means finding solutions to the Western economic blockade, even as his forces continue to invade Ukraine.

Former Treasury officials and sanctions experts expect Russia to try to mitigate the impact of the financial sanctions by relying on energy sales and relying on the country’s gold and Chinese currency reserves. Putin is also expected to transfer funds through smaller banks and accounts to elite families not covered by the sanctions, trade in cryptocurrency and rely on Russia’s relations with China.

At the moment, the two biggest opportunities Russia has are China and energy, said John Smith, a former director of the Treasury Department’s financial intelligence and law enforcement department.

The United States and the EU have imposed sanctions on Russia’s largest banks and its elite, frozen the country’s central bank assets outside the country and excluded its financial institutions from SWIFT’s messaging system, but have largely allowed its oil and natural resources gas to continue to flow freely to the rest of the world.

While Russia is likely to move closer to China to make up for lost supplies of goods and services it usually receives from the West, Smith said, “they also bet that their huge energy supplies will continue to be sought after, especially during this cold winter. There is a much greater profit from their energy if they can bring it to market. “

Last month, Russia and China signed a 30-year agreement that will allow Russia to supply gas to China, although the pipelines will not be completed for at least three years. In addition, China announced last week that it would allow imports of wheat from all parts of Russia for the first time.

However, Smith said the Chinese and others “will make incredibly difficult deals” now that Russia has fewer willing buyers and China will want to avoid secondary sanctions or breaches of sanctions.

On Monday, the United States further tightened its sanctions to immobilize all assets of the Russian central bank in the United States or held by Americans. The Biden administration estimates that the move could affect hundreds of billions of dollars in Russian funding.

Recent measures include unbundling, which allows energy-related transactions with the bank. The sanctions also have no effect on Russia’s gold reserves, which Putin has been building up for several years.

Tyler Kustra, a political science assistant at the University of Nottingham who studies economic sanctions, said Moscow had already adopted a “fortress economy of Russia” – producing many goods in the domestic market, even if it was easier to import – to protect the economy from sanctions.

Much of Russia’s food is produced locally, but some does not match similar foreign products, while others cannot be replaced, he said.

“My friends in Moscow say, ‘Look, they’ve never made cheese,'” Kustra said.

Increased reliance on cryptocurrency will be an inevitable way for Russia to try to sustain its financial transactions, said David Shaconi, a professor of political science at George Washington University, “but it is unlikely to serve as a substitute for corporate transactions over time.”

While about 80 percent of Russia’s financial transactions in the past have been in dollars, federal law enforcement and Treasury officials are stepping up efforts to “aggressively combat” the misuse of cryptocurrency to evade sanctions, according to a White House official who he was not authorized to comment publicly and speak on condition of anonymity.

The official would not comment on whether the Biden administration is considering targeting Russian-based cryptocurrencies for sanctions.

The administration has experience in regulating the Russian crypto business. Earlier this year, the finance ministry sanctioned Russia’s Russia-based SUEX and 25 related cryptocurrency companies that blacklist the dollar from the dollar’s financial system for allegedly helping criminal hackers clean up and cash their loot. This was the first crypto business to receive this designation.

Ari Redboard, a former senior adviser to the Treasury who heads government affairs at TRM, which is developing financial crime analysis, among other things, said his organization has identified at least 340 businesses in Russia that could potentially be used as an “on and off” for cryptocurrency.

Redboard said that because of the breadth of sanctions, the amount of cryptocurrency Russia will need to replace the billions of sanctions “will be very difficult to switch to a traditional currency.”

Ori Lev, who served as head of law enforcement at the Treasury Department during the Obama administration, said that in general, “whether he uses cryptocurrency or relies on China, there are mitigating actions he can take. but they cannot recreate a financial system. “

The Biden administration says China will not be able to compensate for the loss of American and European business, and that sanctions cutting Russia off Western sovereign debt markets will be crippling. At the same time, the White House has tried to argue publicly that Beijing’s arrival to save Moscow could be detrimental in the long run to China’s reputation in Europe and around the world.

By Monday afternoon, the ruble had fallen and Russians were queuing for ATMs for hours as fears of inflation erupted.

“I don’t know exactly what steps they will take to mitigate the bite of sanctions, but that will not lift them,” Lev said.

___

Associated Press authors Aamer Madhani, Alan Sutherman of Richmond, Virginia and Kelvin Chan in London contributed to the report.

Russia expects workarounds for sanctions on energy, gold and cryptocurrency Read More »

2022 Arnold Palmer Invitation Odds, Proven: Proven Golf Model Reveals Predictive Ranking, Surprising PGA Predictions

The 2022 Arnold Palmer Invitational starts Thursday at the Bay Hill Golf Course in Florida. The 2022 Arnold Palmer Invitational field includes a strong combination of proven champions and novice superstars eager to leave their mark on the PGA Tour.

Caesars Sportsbook lists John Ram as the 17-2 favorite in Arnold Palmer’s latest odds for 2022. The world’s No. 1 player is followed by Rory McIlroy (12-1), Scotty Scheffler (16-1) and Victor Howland (16-1) on board the PGA odds.

We have simulated Arnold Palmer Invitational 2022 10,000 times and there are some MAIN surprises.

Our patented model, created by DFS pro Mike McClure, has been RED-HOT since the PGA Tour resumed in June 2020. In fact, the model is over $ 9,000 on its best bets since the rebootnailing a tournament after a tournament.

At the 2021 Open, McClure’s best bets included Colin Morikawa’s overall victory, although he was cited as a massive 40-1 long shot. In addition, McClure’s model was all over John Ram’s first career victory (10-1) in the 2021 US Open. Ram was two strokes away from the leader and headed for the weekend, but the model still predicted as a winner.

This same model also managed to win a huge seven specialties that enter the weekend!! Everyone who has followed it has seen a MASSIVE return!

One big surprise that the model calls for Arnold Palmer Invitational 2022: McIlroy, the 2018 champion and one of the biggest favorites, stumbles this week and fails to even break the top five!! Another surprise: Will Zalatoris, shot from a distance of 33-1, makes a strong blow to the title. It is a goal for anyone looking for a HUGE salary!

Also, the model is aimed at FOUR other golfers with odds of 30-1 or more, which will make a STRONG series of the title!! Anyone who supports these long blows can hit it BIG.

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2022 Arnold Palmer Invitation Odds, Proven: Proven Golf Model Reveals Predictive Ranking, Surprising PGA Predictions Read More »