The war is contributing to global food shortages and rising prices, and the United Nations warns of possible famine. Ukraine is usually a major grain exporter.
Tag: Embargoes and Sanctions
New Brand of Activist Takes Aim at Ukraine War and Climate Crisis, Together
Led by young women from Eastern Europe, they are cornering Europe’s leaders and pressing them for a total energy embargo on Russia — to end the fighting and to save the planet.
Trump’s Shadow Looms Over Fading Iran Nuclear Talks
With no compromise in sight and Iran making steady progress toward nuclear capability, the Biden administration could soon face a stark choice.
As European Leaders Visit Kyiv, Putin Cuts Their Gas Supply
At a critical moment in the war, Russia is strategically reducing gas flows to drive up prices and hurt European economies already reeling from high inflation.
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
Biden Races to Expand Coalition Against Russia but Meets Resistance
Many Asian, African and Latin American nations are maintaining ties with Russia as the United States tries to isolate President Vladimir V. Putin and end the war in Ukraine.
Russia Opens Rebranded McDonald’s Restaurants, Without the Golden Arches
The reopening of the fast-food stores under Russian ownership (and with a new logo) illustrates the economy’s surprising resilience in the face of intense sanctions, though tough times lie ahead.
Fiji Hands Over Superyacht That U.S. Says Is Tied to Russian Oligarch
The handover of the Amadea is the latest development in a global effort to seize the assets of oligarchs with ties to Russia’s president.