The European Union has reaffirmed its determination to isolate the Russian economy and limit its revenues. The sanctions will ...

The European Union has extended its current tough economic sanctions against Russia until January 31, 2026 due to a lack of ...

President Trump has issued no new restrictions on Russia this year, in effect allowing Moscow to acquire the money and ...

Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed ...

President Joe Biden delivers remarks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House, Feb. 22, 2022, in Washington, DC.

Despite unprecedented sanctions, Russia's economy is still functioning and it's still attacking Ukraine. That's led to questions about whether the sanctions are effective.

The West tried to crush Russia’s economy. ... The punishments, chiefly economic sanctions, were designed in large part to drain Russia’s coffers so it would struggle to fund its war.

With much of the world economy repudiating Russia after Vladimir Putin’s invaders stormed into Ukraine, the country is on the cusp of a default on its foreign obligations. The West’s economic ...

In the case of Russia, though, the second-biggest player in the global economy, which is China, is not only not participating in the sanctions but is actually helping weaken their impact.

Russia’s $1.5 trillion economy is the world’s 11th biggest, just behind South Korea, according to World Bank data. Since 2014, its gross domestic product has barely grown and its people have ...

The economic and sanctions fallout of Russia’s war in Ukraine 06:09. One official directly involved told us there was a back and forth between Americans and financial technocrats inside Russia, ...

Another set of sanctions might focus on Russia’s energy industry, such as expanding restrictions on foreign investment in its oil sector and stopping approval of the Nord Stream 2 pipeline to ...