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Yevgenia Albats

‘It’s too late for me to be afraid:’ Why this Russian journalist is staying in the country

By Ramishah Maruf, CNN In light of Russia’s newly imposed draconian anti-press law, journalists are ceasing to report from inside Russia and many have left the country — including international reporters from outlets such as CNN and The New York Times. But one Russian journalist — Yevgenia Albats, editor-in-chief and CEO of the liberal, independent

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Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing

The Fed’s job just got even harder

By Anneken Tappe, CNN Business The Federal Reserve is going to try to hike interest rates without pushing the world’s biggest economy into recession. Russia’s war in Ukraine will make its balancing act more difficult. With inflation running near 8%, the US central bank can’t afford to wait any longer to start raise rates from

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'SNL's' President Biden meets with TikTok stars to tackle disinformation surrounding Russia's invasion of Ukraine.

‘Saturday Night Live’ has Biden strategize with TikTok stars on combating Russian disinformation about the invasion of Ukraine

By Kelly McCleary, CNN “Saturday Night Live” kicked off its show this weekend with its version of President Joe Biden meeting with TikTok stars to get their help combating Russian disinformation surrounding the country’s invasion of Ukraine. The sketch came after real White House Press Secretary Jen Psaki and officials from the National Security Council

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A view of Nyurbinsky diamond mining pit of Nakyn diamond ore field

Key supply of diamonds caught up in Russia sanctions

By Parija Kavilanz, CNN Business Far-reaching global sanctions against Russia for its invasion of Ukraine are affecting the global supply of a precious commodity — the diamonds used in jewelry. President Biden on Friday issued an executive order prohibiting imports of certain products originating in Russia. They include fish, seafood, luxury goods, alcoholic beverages and

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Pinterest on April 6 announced a new policy prohibiting users from sharing climate misinformation on its platform

Pinterest bans misinformation about climate change

By Clare Duffy, CNN Business Pinterest on Wednesday announced a new policy prohibiting users from sharing climate misinformation on its platform, making it the rare social platform to ban such content outright. Pinterest, a service where users can bookmark and share visual posts, said it will remove content that denies the existence or impacts of

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Cooler Screens fridge doors shown at a Walgreens in Bridgeview

Walgreens replaced some fridge doors with screens. And some shoppers absolutely hate it

By Nathaniel Meyersohn, CNN Business Walgreens and other retailers have swapped out the clear fridge and freezer doors at thousands of stores, instead adding opaque doors with iPad-like screens showing what’s inside. Some customers really, really aren’t into it. The screens, which were developed by the startup Cooler Screens, use a system of motion sensors

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Citigroup

Citi expands its exit from Russia

By Matt Egan, CNN Business Citigroup, the major US bank with the biggest footprint in Russia, said Monday it will expand its exit from Russia to go beyond the long-planned sale of its consumer bank there. Citi said in a statement it has decided to “expand the scope” of its exit process to include “other

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A man is seen outside the US headquarters of Deutsche Bank on July 8

Even Deutsche Bank is getting out of Russia

by Matt Egan, CNN In a significant reversal, Deutsche Bank announced Friday it is planning to shut down its business in Russia. The shift comes just a day after Deutsche Bank told CNBC it wasn’t “practical” to leave Russia, a source of legal troubles in the past for Germany’s largest lender. “Like some international peers

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