The Russian economy was slowing even before President Trump’s latest threats. But the Kremlin has enough money to keep fighting in Ukraine.
Category: Embargoes and Sanctions
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India Bought Russian Oil. Now It’s a Trade-War Weapon.
If Narendra Modi surrendered to President Trump, how tough would it be to wean his country from Russia’s discounted supply?
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What to Know About India’s Trade in Oil With Russia
President Trump accused India of aiding Moscow’s war on Ukraine by purchasing Russian energy, derailing trade talks between India and the United States.
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Saudi Arabia Pledges to Invest More Than $6 Billion in Syria
The deals highlight the countries’ deepening relationship under the new Syrian government, and a wave of investment in a country squeezed by war and sanctions.
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How a Chinese Border Town Keeps Russia’s Economy Afloat
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two countries, complicating China’s relationship with Europe.
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Thune Says Russia Sanctions Vote Could Come as Soon as This Month
Momentum has been building behind a bipartisan bill to impose sanctions on countries that purchase Russian oil, as Republicans work behind the scenes to win President Trump’s support.
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Iran Looks to BRICS for Allies, Testing a New World Order
The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military strikes on Iran are testing its unity.
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North Korea Beach Resort Opens With Fanfare but No Foreigners
The Kalma Beach resort town, one of Kim Jong-un’s most ambitious projects aimed at attracting foreign tourists, may not draw the waves of visitors he wants.
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Europe’s Growing Fear: How Trump Might Use U.S. Tech Dominance Against It
To comply with a Trump executive order, Microsoft recently suspended the email account of an International Criminal Court prosecutor in the Netherlands who was investigating Israel for war crimes.
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Bank Transfer Signals Syria Is Making Strides in Ending Economic Isolation
The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community.
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Oil Prices Surge and Stock Markets Stumble After Israel Strikes Iran
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.
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Oil Prices Surge and Stock Markets Stumble After Israel Strikes Iran
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.