Ukraine
U.S. sanctions global network of firms helping the Russian military evade export controls
Armored vehicles of pro-Russian troops drive along a road in the course of Ukraine-Russia conflict near Dokuchaievsk in the Donetsk region, Ukraine March 25, 2022. Alexander Ermochenko | Reuters WASHINGTON — The Treasury Department on Thursday announced sanctions on a global network of individuals and shell companies it says are helping the Russian military to […]
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Putin’s strength now looks like his main weakness, with people too loyal — or scared — to challenge him
Russian President Vladimir Putin marks the Defender of the Fatheland Day in 2015 in central Moscow, Russia, with military officials surrounding him. Sasha Mordovets | Getty Images News | Getty Images President Vladimir Putin’s immense power looks like it might now be a key weakness for the Russian leader, with those around him seemingly too […]
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Russian troops sabotaging their own equipment and refusing orders in Ukraine, UK spy chief says
Jeremy Fleming, director of U.K. intelligence agency GCHQ, pictured in November 2019. Fleming delivered a speech in Canberra, Australia on Thursday in which he addressed the war in Ukraine. Joe Giddens | PA Images | Getty Images Russian President Vladimir Putin has misjudged the situation in Ukraine, but his advisors are scared of telling him […]
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European stocks muted after a tumultuous month for markets
LONDON — European stocks were mixed on the last trading day of March, a month marked by global geopolitical and economic uncertainty after Russia’s invasion of Ukraine. The pan-European Stoxx 600 hovered 0.2% below the flatline by mid-afternoon, but was on course to eke out a monthly gain for March. Utilities gained 0.9% while retail […]
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Singapore’s stance on Russia shows support for sanctions isn’t limited to the West, says think tank
“We cannot condone any country arguing that another country’s independence is the result of historical errors and crazy decisions,” Prime Minister Lee said at the White House on March 29. Bloomberg | Bloomberg | Getty Images It was “important” for U.S. President Joe Biden to meet with Singapore Prime Minister Lee Hsien Loong, as it […]
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Treasury yields fall, with inflation data in focus
U.S. Treasury yields fell early on Thursday, with investors focused on the inflation data due out later in the morning. The yield on the benchmark 10-year Treasury note fell 3 basis points to 2.3270% at 4:30 a.m. ET. The yield on the 30-year Treasury bond moved under a basis point lower to 2.4789%. The rate […]
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Russia holds onto positions near Kyiv; UK spy chief says Putin ‘massively misjudged’ war. Follow our live updates
Putin has ‘massively misjudged’ the situation in Ukraine, UK intelligence chief says Russian President Vladimir Putin attends a meeting with Presidential Grants Foundation CEO Ilya Chukalin in Moscow, Russia March 29, 2022. Mikhail Klimentyev | Sputnik | Reuters Russian President Vladimir Putin has misjudged the situation in Ukraine, but his advisors are scared of telling […]
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Nord Stream 2 cost $11 billion to build. Now, the Russia-Europe gas pipeline is unused and abandoned
A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images One of the early casualties of Russia’s invasion of Ukraine — and its continuing geopolitical and economic fallout […]
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Biden planning to tap oil reserve to control gas prices
U.S. President Joe Biden gestures as he delivers remarks on Covid-19 in the United States in the South Court Auditorium on March 30, 2022 in Washington, DC. Anna Moneymaker | Getty Images President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic […]
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Vladimir Putin feels his military leaders misled him about Ukraine, declassified intelligence shows
WASHINGTON — Newly declassified U.S. intelligence indicates that Russian President Vladimir Putin feels he was misled by military leaders who did not tell him key details about the botched invasion of Ukraine because they feared angering him, top Biden administration officials said Wednesday. “We believe that Putin is being misinformed by his advisers about how […]
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