are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment Council said on Monday, predicting a large surplus in the platinum market this year.
Russia accounts for around 25-30% of the world's supply of palladium and around 8-10% of its platinum.There is no sign that Russian exports have been curtailed by sanctions on the country since it sent troops into Ukraine in February but with the war dragging on, more companies may boycott Russian metal and governments could impose restrictions.
A machine engraves information on an ingot of 99.98 percent pure palladium at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022.
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Polish Nobel author says Russia threat to 'free world'A Polish Nobel Prize-winning author says that Russia presents a threat to the “free world” and its attack on neighboring Ukraine had echoes of the Second World War. I said all this too ages ago. I can't wait for my prize! when Russia is threaten then free world feel the same. Free world is not free after all ots aleays being bullied by major powers Us, China, Russia.
Source: ABC - 🏆 471. / 51 Read more »
Pussy Riot escape from Russia recalls Soviet dancer’s dramatic defectionDecades before a member of the all-female Russian band Pussy Riot escaped from Russia after criticizing President Vladimir Putin, the Soviet Union’s top ballet star, Rudolf Nureyev, made a dash for freedom at the Paris airport. Fake news. They weren't a band. Ive never watched ballet, nor ever wanted to be a dancer All people in Russian who are against the satanic actions of Putin are my Heroes
Source: washingtonpost - 🏆 95. / 72 Read more »
Treasury Targets Russia, Oligarchs as Part of Plan to Combat Illicit FinanceContinuing efforts to close regulatory loopholes related to shell companies and all-cash real-estate purchases are an important measure in combating corrupt Russian oligarchs, Treasury officials said. What about Biden’s son financing labs in Ukraine?
Source: WSJ - 🏆 98. / 63 Read more »
Ukraine says Russia withdraws from Kharkiv, batters eastUkrainian military says Russian forces are withdrawing from the country's 2nd-largest city after weeks of heavy bombardment. Ukraine’s general staff say Moscow’s troops were pulling back from Kharkiv in the northeast and focusing on guarding supply routes. Big bomb probably pull pack It was obvious they would have to pullback. Create a no fly zone over Ukraine now or get down to history as those who let Putin winn and let the ukrainians die 😡 and Putin wont stop 😡 he has to be stopped now 😡
Source: AP - 🏆 728. / 51 Read more »
Russia Loses ‘Entire Battalion’ on Blown Up Bridge, Says UkraineSatellite images appear to show the remnants of tanks and other Russian military hardware around a destroyed pontoon bridge over a river in the Luhansk region. Obviously the beasties people don't know diddly about this area and whose control it still remains under and why the other side hasn't secured it.
Source: thedailybeast - 🏆 307. / 63 Read more »
Russia cuts off electricity to Finland amid growing international tensionsRussia has cut off electricity to Finland on Saturday 'for the first time in over 20 years' amid a payment dispute. First direct retaliation Putin had better be VERY careful! Finland just might consider this move an act of war. Dear Finland, don't pay them whatever money was remaining
Source: FoxBusiness - 🏆 458. / 53 Read more »