I.M.F. Sees Steady Growth but Warns of Rising Protectionism
Posted inBanking and Financial Institutions Economic Conditions and Trends European Union Foreign Investments Group of Seven Inflation (Economics) International Monetary Fund International Relations International Trade and World Market Protectionism (Trade) United States Economy World Bank

I.M.F. Sees Steady Growth but Warns of Rising Protectionism

The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation.
U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense
Posted inBanking and Financial Institutions Biden, Joseph R Jr Commerce Department Defense and Military Forces Embargoes and Sanctions European Union Group of Seven Navalny, Aleksei A Putin, Vladimir V Russia Russian Invasion of Ukraine (2022) Treasury Department Ukraine

U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense

The Biden administration, responding to the death of Aleksei A. Navalny, unveiled its largest sanctions package to date as the war in Ukraine enters its third year.
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
Posted inEmbargoes and Sanctions European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Ships and Shipping United States

G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion

The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.