Feb 28 What to know as Ukraine resists Russia's advance By Associated Press The Russian military assault on Ukraine went into its fifth day after Russian President Vladimir Putin ordered his nuclear forces put on increased alert, ratcheting up tensions yet further. Continue reading
Feb 28 Ruble plummets amid global sanctions, sending Russians to banks and ATMs By Vladimir Isachenkov, David McHugh, Daria Litvinova, Associated Press Ordinary Russians are facing the prospect of higher prices as Western sanctions over the invasion of Ukraine sent the ruble plummeting. Continue reading
Feb 28 WATCH: President Joe Biden's 2022 State of the Union address - A PBS NewsHour Special By Zeke Miller, Colleen Long, Associated Press Addressing a concerned nation and anxious world, President Joe Biden vowed in his first State of the Union address Tuesday night to check Russian aggression in Ukraine, tame soaring U.S. inflation and deal with the fading but still dangerous coronavirus. Continue reading
Feb 27 Watch 6:11 Sanctions, protests: How Putin's war is impacting ordinary Russians By PBS NewsHour Hundreds of Russians have been arrested for demonstrating against Ukraine’s invasion across the country. Meanwhile, sanctions aimed at crippling Russia’s economy are slowly having an impact: the ruble is fluctuating, people are queuing up outside ATMs and prices are rising. Continue watching
Feb 27 In Russia, economic consequences of invasion begin to emerge By Associated Press Videos from Russia showed long lines of Russians trying to withdraw cash from ATMs, while the Russian Central Bank issued a statement calling for calm, in an effort to avoid bank runs. Continue reading
Feb 25 Treasury: Most COVID rental aid went to low-income residents By Michael Casey, Fatima Hussein, Associated Press The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants. Continue reading
Feb 25 Key inflation gauge hit 6.1 percent in January, highest since 1982 By Christopher Rugaber, Associated Press An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1 percent in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia's invasion of Ukraine. Continue reading
Feb 24 What steps the U.S. has taken against Russia for the invasion of Ukraine By Ellen Knickmeyer, Associated Press The U.S. sanctions and penalties announced so far appear to spare Putin himself from sanctions, and forgo an option long-cited as one of the toughest possible — banning Russia from the SWIFT financial system that moves money around the world. Continue reading
Feb 24 UK's Johnson orders asset freeze for all Russian banks By Associated Press Britain will also ban the export of a wide range of high-tech products, including semiconductors, to Russia and bar the nation’s flagship airline, Aeroflot, from landing at U.K. airports. Continue reading
Feb 24 Putin warns that the West shouldn't 'push' Russia out of the global economy By Associated Press Speaking at a Kremlin meeting with businesspeople Thursday, President Vladimir Putin said “Russia remains part of the global economy and isn’t going to hurt the system that it is part of as long as it remains there.”… Continue reading