Russia benefits as Turkey slows down Swedish and Finnish applications to NATO and Hungary continues to block an E.U. embargo on Russian oil.
Tag: Embargoes and Sanctions
Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia
Top economic officials are gathering this week to discuss how to keep pressure on Vladimir V. Putin without sinking their economies.
Biden Administration Lifting Some Trump-Era Restrictions on Cuba
The changes include an expansion of flights to the country and the restarting of a family reunification program.
At a German Hideaway, Oligarch Villas Challenge a ‘Silent Contract’
Tegernsee, a luxury getaway in Bavaria, is known for quietly hosting the superrich. But war in Ukraine has divided locals about whether the authorities should go after the assets of their wealthy Russian neighbors.
West Increases Pressure on Putin, Including Sanctions on Reputed Girlfriend
The Russian leader was challenged by the prospect of an enlarged NATO, plans to get Ukrainian grain exports past a Kremlin blockade, and sanctions on his purported mistress.
Treasury Warns Foreign Banks Against Helping Russia Evade Sanctions
Adewale Adeyemo, the deputy Treasury secretary, met privately with international financial institutions to make clear the consequences of sanctions evasion.
Sanctions Shed Light on Putin’s Private Life
As Western nations place sanctions on people close to the Russian leader, including family members, the strict secrecy surrounding his private life is being punctured.
Russian Shipping Traffic Remains Strong as Sanctions Take Time to Bite
The traffic was robust in March and April, reflecting the time it takes for sanctions to come into effect and an enduring profit motive for trading Russian energy.
Economic Toll of Russia’s War in Ukraine Tests Western Solidarity
Russia’s president is calculating that Western leaders will tire before he does of a protracted struggle in Ukraine, especially if the price is turbocharged inflation and energy shortages.
Bulgaria Takes Unusual Stand Against Russia With Sanctions
Bulgaria has imposed economic sanctions on Russia, offered to repair broken military equipment for Ukraine and expelled Russian diplomats.