Mar 05 Cease-fire attempt in Ukraine fails amid Russian shelling By Associated Press Ukrainian officials said Russian artillery fire and airstrikes had prevented residents from leaving before the agreed-to evacuations got underway. … Continue reading
Mar 01 Russia takes steps to cushion itself from international economic punishments over Ukraine invasion By Associated Press Russia’s Prime Minister Mikhail Mishustin said Tuesday the government has readied measures to temporarily restrict foreign investors from divesting Russian assets, saying the step would help them make “a considered decision” rather than succumb to political pressure of sanctions. Continue reading
Mar 01 Oil prices surge above $100 a barrel as war on Ukraine rages By Damian J. Troise, Alex Veiga, Associated Press The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine. Continue reading
Feb 28 Russians line up at banks as currency plummets in face of sanctions By Vladimir Isachenkov, David McHugh, Ken Sweet, 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 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 26 World powers move to block some Russian banks from global SWIFT transaction system By Zeke Miller, Raf Casert, Associated Press Saturday’s move includes cutting key Russian banks out of the SWIFT financial system, which daily moves countless billions of dollars around more than 11,000 banks and other financial institutions 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
Feb 24 World leaders condemn Russian invasion, take steps to make Moscow pay a high price By Raf Casert, Samuel Petrequin, Associated Press The West and its allies showed no inclination to send troops into Ukraine — a non-member of NATO — and risk a wider European war. But they began to take steps aimed at isolating Moscow and forcing it to pay… Continue reading