Category: International Relations

Russia’s Economy Is Threatened by War and Sanctions

While Russia’s economy has not collapsed, an exodus of Western companies is eroding hard-won progress, and experts say the worst may be yet to come.
E.U. agrees on Russian oil price cap of $60 per barrel after fraught talks.

The price cap, devised by Group of 7 countries and their allies, aims to limit Russia’s revenue while averting a global oil shock.
Israeli Filmmaker’s Critique of Popular Bollywood Film Draws Fierce Backlash

The filmmaker, Nadav Lapid, criticized “The Kashmir Files,” a Hindi-language film that depicts a violent chapter in the restive region of Indian-administered Jammu and Kashmir.
U.K. Backs Giant Nuclear Plant, Squeezing Out China

The British government threw its weight behind nuclear power, saying it would invest in a major new nuclear plant co-owned by France’s state utility.
China to Launch 3 Astronauts to New Space Station: How to Watch

The crew will set off from a secretive desert launch center to rendezvous with fellow astronauts aboard Tiangong, the country’s newly completed outpost in orbit.
U.S. Allows Chevron to Expand Energy Operations in Venezuela

The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

The policy must be in place before an E.U. embargo on Russian oil imports kicks in on Dec. 5. The talks are set to resume next week.
Frustrations Simmer as Saudis Are Blocked From Watching the World Cup

A curious dispute between a Qatari broadcaster and Saudi media regulators has left millions of Saudis with no way to watch the matches.
EU Nears Cap on the Price of Russian Oil

E.U. diplomats aim to agree on a price this week, clearing the way to enforce the measure before a Dec. 5 deadline.
Europe’s Wind Industry Is Stumbling When It’s Needed Most

Makers of wind turbines are reporting mounting losses, and fret about losing out to rivals from China, as countries chase ambitious clean energy targets.
Outbreaks Test China’s Efforts to Limit the Cost of ‘Zero Covid’

China wants to fine-tune its stringent pandemic restrictions to reduce the disruption to daily life caused by lockdowns. But officials are still taking few chances.
Oil Prices Slide as Investors Worry Energy Demand Is Slowing

The U.S. benchmark oil price fell below $80 a barrel on Friday, and gasoline prices in some states are now close to $3 a gallon.