On paper, the Russian president appears to own very little. Yet estimates put his hidden wealth well over $100 billion.
Tag: Embargoes and Sanctions
Russia’s War With Ukraine Is Already Costing Russian Economy
Despite the Kremlin’s efforts to obscure the offensive in Ukraine, the costs of the war were already evident in both economic and social turmoil.
How the U.S. and Europe Are Targeting Putin With Sanctions
The new penalties are a provocative step given how rarely governments, including the United States, take aim at foreign leaders.
Sanctions Aim to Put Pressure on Russia After Invasion
Several countries and the European Union have imposed a variety of sanctions in response to Vladimir V. Putin’s decision to invade Ukraine.
Why the Sanctions Against Russia Aren’t Tougher
Why aren’t the U.S. and its allies imposing tougher sanctions?
Biden Officials Repeatedly Urged China to Help Avert War in Ukraine
Americans presented Chinese officials with intelligence on Russia’s troop buildup in hopes that President Xi Jinping would step in, but were repeatedly rebuffed.
European Leaders Agree to a Second Wave of Russia Sanctions
The E.U. agreed to freeze the assets of President Putin and foreign minister Sergey Lavrov, while other measures will hit Russia’s access to technology
Biden Denounces Putin’s Actions in Ukraine
President Biden announced new sanctions but conceded that they would not immediately prevent President Vladimir V. Putin of Russia from continuing his military assault.
Biden Hits Russia With Broad Sanctions for Putin’s War in Ukraine
The penalties will affect Russia’s biggest banks, its weapons industry, its largest energy company and families close to President Vladimir V. Putin. The country’s stock market has plummeted.
Biden Says Putin Will ‘Bear the Consequences,’ Announces New Sanctions
Mr. Biden said the United States would cut off Russia’s largest banks and largest companies from the western financial markets, freeze assets of Russian elites and restrict exports of technology to Russia.