You Searched For "sanctions on Russia" and got 20 results
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2 mins read
The Kremlin could interpret the West's 'economic strangulation' of Russia as a declaration of war, sanctions expert says
Western sanctions imposed on Russia after it invaded Ukraine have helped to send the ruble to a rec…
Grace Dean
2 mins read
2 Russian billionaires resigned from the board of one of the country's biggest banking companies a day after the EU sanctioned them
Alfa-Bank's website says Mikhail Fridman and Petr Aven left its board in resignation applications d…
Grace Dean
3 mins read
Western sanctions are already disrupting Russia's economy, with the ruble slumping 30% and interest rates jumping to 20%. Here's what's happening and how the situation could play out.
Analysts at Rabobank believe the sanctions could prompt "perhaps the worst economic and financial c…
Grace Dean,Harry Robertson,Ja…
1 min read
Putin's foreign minister says freezing Russia's currency reserves was 'thievery' and that the Kremlin didn't expect such harsh sanctions
Sergey Lavrov said nobody in the Kremlin predicted how fierce the sanctions on Russia's economy wou…
Sinéad Baker
4 mins read
Here are the sanctions the US has levied against Russia thus far following Putin's announcement that it would move troops to eastern Ukraine
President Joe Biden announced a "first tranche" of sanctions on Tuesday after declaring that Russia…
Erin Snodgrass
1 min read
Russia owns $140 billion in Chinese bonds, which could help it skirt Western sanctions, analysts say
Russia's central bank and sovereign fund own about $140 billion in Chinese bonds, according to esti…
Grace Dean
1 min read
Ukraine foreign minister calls for more sanctions against Russia: 'Hit hard. Hit now.'
The US and UK unveiled harsh economic sanctions against Russia on Tuesday, and the EU agreed on its…
Sinéad Baker
1 min read
Ukraine has seized $420 million in assets belonging to a sanctioned Russian oligarch
The prosecutor general's office said that it had seized securities in Cypriot companies held at a b…
Grace Dean
1 min read
Cryptocurrencies are included in the scope of the sanctions against Russia, European Union says
The European Union has clarified that its sanctions against Russia include cryptocurrencies, as the…
Phil Rosen
2 mins read
The White House published its full list of sanctions against Russia — take a look
"Putin chose this war. And now he and his country will bear the consequences," Biden said while ann…
Sarah Jackson
3 mins read
Who is Alisher Usmanov, the sanctioned Russian billionaire said to be one of Putin's 'favorite oligarchs'?
Alisher Usmanov is one of Russia's richest people and thought to be a close ally of Putin, but his …
Grace Dean
2 mins read
British law enforcement raided a Russian oligarch's mansion and seized £30,000 in cash as part of an investigation into possible sanctions violations, report says
The oligarch, Petr Aven, who's worth around $5.3 billion, has said previously he doesn't know "how …
Grace Dean
2 mins read
The US and the West are facing the blowback of sanctions against Russia, economist says
The US may have opened a "Pandora's box of unintended consequences" by imposing sanctions on Russia…
Jennifer Sor
1 min read
Ikea is massively scaling down its Russian operations, including selling its 4 factories in the country
"The circumstances have not improved ... We do not see that it is possible to resume operations any…
Grace Dean
2 mins read
Sanctions on Russia will cause 'significant' long-term damage to its economy, the G7 says
"The significant long-term hit to the Russian economy will become even clearer over time," the G7 s…
Grace Dean
5 mins read
The US and its allies are trying to cripple Russia's economy with sanctions that target everything from international travel to oligarchs' yachts here's how they work
By imposing sanctions on Russia, the US and its allies aim to cut off the nation's financial reserv…
Avery Hartmans
2 mins read
McDonald's said it would close all its Russian restaurants – but some appear still open a week later
McDonald's CEO Chris Kempczinski said on March 8 that the burger chain would temporarily close its …
Grace Dean
2 mins read
Russia's resilience to sanctions shows it is 'costly and unattainable' to isolate a large and globally integrated economy, economist says
There are valuable lessons from the West's sanctions against Russia that could be applied to potent…
Huileng Tan
1 min read
Here's what you need to know about the US sanctions on Russia
Most recently, the Senate voted 97-2 to pass a measure that would tighten sanctions on Russia, and …
Elena Holodny,Skye Gould
3 mins read
Here's why Swift — the global banking system's group-text — could be the next big step for sanctioning Russia
Swift helps more than 11,000 banks around the world communicate. Cutting Russia out would bring sev…