Any financial lifeline that Beijing can offer Moscow involves taking on risk and won’t have the power to reverse the damage of sanctions imposed by the United States and its allies.
Tag: Embargoes and Sanctions
‘Economic War’
Which companies have pulled out of Russia — and which have not?
Russia Batters and Encircles Ukrainian Cities, as Diplomacy Falters
The first meeting during the war of the two countries’ foreign ministers yielded no cease-fire. The Russian side signaled that its invasion would not stop until Ukraine surrendered.
IMF Warns Ukraine-Russia War Will Likely Slow Global Growth
The economic fallout from Russia’s invasion will depend on the outcome of the war and the duration of the sanctions.
Iraqi Minister Says High Oil Prices Could Speed the Shift to E.V.s
Whatever the short-term benefits for producers, the market upheaval could accelerate the transition away from oil, he says.
Russia Strikes Ukraine’s Cities and Accuses U.S. of “Economic War”
Misery deepened in Ukraine, where millions of people were caught in besieged cities, and in Russia, where the West’s economic sanctions were biting hard.
No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
Russia’s Other Contest With the West: Economic Endurance
Which side can maintain domestic support as the war costs regular citizens could also determine the outcome in Ukraine.
Biden Bans Oil Imports From Russia, Warning Gas Prices Will Rise
Officials said President Biden had struggled for days over the move amid deep concerns about accelerating the already rapid rise in the price of gasoline.
How Russia’s War in Ukraine Complicates the Iran Nuclear Deal
With the world eager to wean itself from Russian oil after the invasion of Ukraine, negotiators appeared close to signing a revived nuclear pact with Iran and lifting sanctions. Then Moscow put up a hurdle.