The action is likely to fuel rapid inflation in Russia as it wages war in Ukraine.
Tag: Embargoes and Sanctions
Russians Face Sanctions and Anxieties of a Costly War
The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.
Invasion Brings Russia Global Repudiation With Cold War Echoes
From culture to commerce, sports to travel, the world is shunning Russia in myriad ways to protest President Vladimir V. Putin’s invasion of Ukraine.
Planned Europe-Russia Joint Mars Mission Called “Very Unlikely”
The ExoMars mission, postponed in 2020 because of the pandemic and technical issues, may miss its window to launch this year because of sanctions imposed against Russia over the invasion of Ukraine.
Russian Forces Hit Harder in Ukraine After a Fumbled Start
After days of miscalculation about Ukraine’s resolve to fight, Russian forces are turning toward an old pattern of opening fire on cities and mounting sieges.
Switzerland Says it Will Freeze Russian Assets
The decision came amid mounting public anger at Russia’s invasion of Ukraine.
Ukraine Agrees to Talks With Russia, but Fighting Still Rages
Putin, accusing the West of “aggressive statements,” puts nuclear forces on alert. Kyiv remains in Russian cross-hairs as Ukrainians push back.
Ties That Bind Putin and Xi Tested by Russia’s Ukraine Invasion
The two autocrats have brought their countries closer together than ever. But for China, the costs of Russia’s adventurism could be high.
More Countries Close Airspace to Russian Planes Over Ukraine Invasion
The E.U. and Canada barred Russian planes in response to the invasion of Ukraine.