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By Susie Blann, Associated Press
Sergey Lavrov landed in Cairo late on Saturday, the first leg of his Africa trip that will also include stops in Ethiopia, Uganda and the Democratic Republic of Congo, according to Russia’s state-run RT television network.
By Associated Press
Investors remain largely convinced that Russia will eventually default on its debts for the first time since 1917. The major ratings agencies Standard & Poor’s and Moody’s have declared Russia is in “selective default” on its obligations.
By Ken Sweet, Associated Press
President Biden announced a historic effort to lower gas prices that have skyrocketed since Russia invaded Ukraine. He said the administration would release 180 million barrels of oil from the Strategic Petroleum Reserve over the next six months. At one…
The rise of oil prices since Russia invaded Ukraine five weeks ago is one key part of the larger economic fallout from the war and from the tough sanctions the U.S. and many other countries have imposed on Russia in…
By Paul Solman, Diane Lincoln Estes
By Vanessa Gera, Associated Press
Tuesday’s move is part of a larger strategy to reduce energy dependence on Russia which gained new urgency after the invasion of Ukraine.
By Chris Megerian, Aamer Madhani, Associated Press
President Joe Biden's trip to Europe comes at a critical moment for the war in Ukraine, which could become a bloody stalemate as Russia pummels cities with airstrikes and artillery.
By Ryan Chilcote
The sanctions leveled against Russia by the U.S. and its allies are the harshest ever handed down, and their effects are being felt widely in Russia. Special correspondent Ryan Chilcote reports from Moscow on how the lives of Russians are…
President Biden and other leaders of the so-called G-7 on Friday revoked Russia's "most favored nation" trade status, which will allow for large tariffs on Russian exports. This as Russia further cracked down on access to social media in the…
By David Koenig, Associated Press
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
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