Solomon told Time that isolating or completely ostracizing Russia is not the job of the financial industry. The news was driven by the exit of Goldman and JP Morgan from Russia last week. Stay on top of the economic and market trends. You can subscribe for free. Goldman retained its market-making business in the country, which would allow it to serve as a middleman between buyers and sellers. Solomon was responding to a question about the role played by the financial industry and if Wall Street could or should do more. He said that he agreed with the Western governments imposing sanctions against Russia. They are saying that it is not their job to ostracize Russia. Solomon said that he meant the financial industry broadly. There is a call for companies to ostracize Russia on social media. I don't understand how we ostracize Russia. Solomon said that they follow the laws in the letter and spirit. Solomon sought to clarify his comments and the bank said the comment was taken out of context. As the first major financial institution to announce the wind down of our operations in Russia, we firmly believe it is our responsibility at Goldman Sachs to lead the way in supporting the U.S. and International community's efforts to punish Putin and his regime. The story has been updated with additional comments from Goldman. Do you like this article? You can get more from Axios for free. Russia warned the United States on Thursday that it had the power to take over the pre-eminent power in the world. The United States tried to force Russia to its knees by stoking Russophobia, according to the deputy secretary of Russia's Security Council. The Spanish government seized more assets belonging to Russia's rich on Tuesday as the EU banned exports of luxury goods. FLIGHTRADAR 24 data shows that Abramovich landed in Moscow early on Tuesday after taking off from Istanbul in his private jet. A source said he was not in Russia to meet with Putin. Few know that Amazon has millions of Prime subscribers. The cases were examples of an alarming rise in repressive policies by authoritarian governments, according to the assistant attorney general. Poland wants to buy drones from the United States in the near future and is considering further purchases at a later date due to security concerns. The first drones would be ordered under an accelerated procedure, but Poland was also pursuing a programme to purchase MALE-class drones. The Georgia state House passed a bill that would restrict Black voters in the swing state. The Georgia measure allows the Georgia Bureau of Investigation to act as an election police, allowing the state's highest law enforcement agency to initiate probes into alleged voting related offenses without being prompted. In a controversial provision. Some of the best company responses will be seen on social media. The adjutant general of the Texas Military Department is being replaced. According to a new Yahoo News/YouGov poll, nearly half of U.S. residents feel bad about their fellow Americans. Almost no one in the U.S. has been unaffected by the Pandemic, according to a new survey. China Eastern Airlines Corp asked the U.S. transportation department for permission to temporarily shift New York to Shanghai flights. China Eastern has been instructed by Chinese aviation officials to divert passenger flights from the U.S. to alternate airports in China because of the ongoing coronaviruses control measures in the Shanghai region. The AirMini AutoSet is the world's smallest CPAP. For a limited time, you can get a free prescription for the AirMini. Pope Francis evoked the spectre of a nuclear war, where whoever is left of humanity would have to start all over again, and asked God to stop the invaders in Ukraine. At his weekly general audience, the 85-year-old Francis spoke about the biblical story of the Great Flood, in which God punished sinners and only Noah and his family survived. Putin says pro-Western Russians need to be removed from society. When the air-raid sirens went off on Tuesday, there was no pause from the priest or mourners, who ignored the threat of Russian missiles to bury their loved ones. Hundreds of people gathered at the Saints Peter and Paul Garrison Church in Lviv to pay their respects to four soldiers, including one who had just died. The 35 people who were killed by a Russian air strike on Yavoriv military base on Sunday were the most killed by missiles in the conflict so far. Some of the craziest inventions you will not believe exist. Hundreds of New Yorkers lined up past the block last weekend to get their hands on pepper spray. The founder of Soar Over Hate, a New York City-based nonprofit dedicated to fighting anti-Asian hate, posted a video of the organization giving away pepper spray. The video shows hundreds of people waiting in a line that wrapped past the block. In a tense back-and-forth, she invoked both Castro and JFK. After remaining dovish last year, the Federal Reserve Chairman has led the central bank into the right camp. When Larry Hall heard about a former Atlas Missile silo in Kansas, he thought it was perfect for a project. President Putin warned Russian traitors on Wednesday that the West wanted to destroy the country. The leader of the Kremlin said that Russians who were more in tune with the West were traitors. The venomous tone was striking even for Putin, who has for years been cracking down on domestic opponents and delivering bitter rants against the West. The battery of the monarch's pacemaker was changed after he underwent medical tests, according to the Saudi Press Agency. The news agency said that the king would rest for several days after the procedure. The king was accompanied by his son as he left the hospital. The judge ordered the Justice Department to give Steve Bannon access to certain sensitive internal legal opinions or other related records that could potentially help bolster his defense against criminal contempt of Congress charges. The judge told prosecutors that they must produce statements or writings reflecting official DOJ policy, including nonpublic opinions, that relate to the department's policy on prosecuting or not prosecuting government or former government officials raising executive privilege. Helen says extraterrestrials may be closer to home than we think. The Russians didn't learn the history lesson. In February, wholesale prices rose a sharp 0.8%, signaling that the hottest U.S. inflation in 40 years is unlikely to cool off in the spring. The Isle of Man's government said in a press release that 18 aircraft and two yachts were deregistered because of Russian ties.Axios
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