ECONOMY

Under sanctions set in place after Russia invaded Ukraine on Feb. 24, foreign currency reserves owned by the Russian central bank at US financial institutions were frozen. But the Treasury

Nevertheless, the bloc remains divided over whether to expand those sanctions to energy imports, despite mounting evidence of war crimes committed by Russian forces in Ukraine. Ukraine’s top prosecutor has

Russia and the West stay at odds regarding overpayment for natural gas exports. Europe, in particular, is heavily dependent, with Moscow insisting “unfriendly” countries pay for gas deliveries in Russian

According to Jason Schenker, president of Prestige Economics, the second Cold War has already started. Angela Stent, the senior advisor for Georgetown University’s Center for Eurasian, Russian, and East European