Russia
EU’s new Russia sanctions to likely include steel, luxury goods, jet fuel and more, sources say
European Commission President Ursula von der Leyen delivers a speech during a plenary session of the European Parliament at the EU headquarters in Brussels, on March 23, 2022. John Thys | AFP | Getty Images LUXEMBOURG — The European Union is working on a new package of sanctions against Russia that is likely to restrict […]
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U.S. authorities accuse Russian oligarch Viktor Vekselberg of bank fraud, money laundering as his yacht is seized
The yacht called “Tango” owned by Russian billionaire Viktor Vekselberg, who was sanctioned by the U.S. on March 11, is seen at Palma de Mallorca Yacht Club in the Spanish island of Mallorca, Spain March 15, 2022. Juan Medina | Reuters U.S. authorities accused Russian oligarch Viktor Vekselberg of conspiring to commit bank fraud and […]
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Russia faces barrage of new sanctions after accusations of atrocities in Bucha, Ukraine
A man gestures at a mass grave in the town of Bucha, northwest of the Ukrainian capital Kyiv on April 3, 2022. Sergei Supinsky | AFP | Getty Images The U.S. and its European allies are preparing to deliver another slew of sanctions on Russia following mounting evidence of war crimes committed by its forces […]
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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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Ukraine accuses Russia of civilian massacre; world reacts to images of Bucha. Follow our live updates
Russia requests UN Security Council meeting over ‘Ukrainian radicals’ provocation in Bucha’ “In light of the Ukrainian radicals’ provocation in Bucha, Russia has requested a meeting of the United Nations Security Council in the second half of the day on Monday, April 4,” Dmitry Polyanskiy (above) said via Telegram, according to state news agency TASS. […]
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Missiles slam into port city of Odesa; Zelenskyy says Russians aim to seize east and south Ukraine. Follow our live updates
Missiles hit Ukraine’s southern port city of Odesa Refugees from war regions of Ukraine gather near the Odesa volunteer center for clothing and other assistance on April 2, 2022. Vladimir Shtanko | Anadolu Agency | Getty Images A series of explosions have been heard in Ukraine’s strategically important port city of Odesa, with the city […]
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A Ukrainian techie combined ‘code and people’ to raise $3.5 million so far for families back home
Alex Iskold Courtesy: Alex Iskold A little over a month into Russia’s assault on Ukraine, Alex Iskold is trying to reckon with the reality in his homeland while lending a hand the best way he knows how. Iskold, who immigrated to the U.S. from Ukraine at age 19, is a venture capitalist and managing director of […]
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No recession — but a growth slowdown due to Russia-Ukraine war, EU economics chief says
The European Union’s economics chief says Russia’s war with Ukraine will trigger a growth slowdown this year, warning the bloc’s existing growth forecast of 4% is now no longer viable. European commissioner for economics and taxation, Paolo Gentiloni, said Saturday that the Ukraine crisis will usher in a period of lower growth for the 19 […]
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Red Cross rescuers try again to reach besieged Mariupol; Ukraine forces advance near Kyiv, UK says. Follow our live updates
A Red Cross convoy will try again on Saturday to facilitate the safe passage of civilians from the encircled Ukrainian city of Mariupol. The International Committee of the Red Cross on Friday sent a team of humanitarian workers to lead a convoy out of the port city, which has been besieged since the early days […]
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Why Russia’s invasion of Ukraine could spark a NATO defense spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its defense budget in recent weeks. “The Russian invasion of Ukraine was a wake-up call for a lot of Germans, for politicians and for […]
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