Press
Showing 401-420 of 926 Items
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A Would-Be Crypto Baron Plies His Trade in the Taliban’s Shadow
In The News
Cryptocurrency booms are often fueled by dreams of life-changing riches. In Afghanistan, buyers are instead snapping up digital coins in hopes of preserving what wealth they h...
By Alex Zerden
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4 ways Russia is trying to prove it can live with sanctions
In The News
Mass unemployment, according to Elina Ribakova, deputy chief economist at the Institute for International Finance in Washington, has not appeared yet in Russia, but it is one ...
By Elina Ribakova
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U.S. Unveils Latest Sanctions Targeting Russia
In The News
The United States on Wednesday unveiled its latest round of sanctions going after Russia over its war on Ukraine, this time targeting a key commercial bank and "a global netwo...
By Edward Fishman
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Why the US has hit some Russian oligarchs with sanctions but not others
In The News
Former US officials and people familiar with deliberations inside the Biden administration said one reason for the selective nature of its sanctions regime was that Washington...
By Edward Fishman
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Here’s how the Russia-Ukraine war is driving up prices
In The News
Russia’s invasion of Ukraine and the resulting sanctions imposed on Moscow are contributing to surging global prices that Americans are feeling throughout the economy, particu...
By Rachel Ziemba
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U.S. curbs Russian access to foreign fertilizers and valves
The United States on Friday broadened its export curbs against Russia and Belarus, restricting access to imports of items such as fertilizer and pipe valves as it seeks to rat...
By Emily Kilcrease
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Explainer: Clock ticks down towards a Russian default
In The News
Russia faces its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even thoug...
By Elina Ribakova
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U.S. widens sanctions against Russia as questions about effectiveness mount
In The News
The White House on Wednesday announced a new round of sanctions targeting two of Russia’s biggest banks and the adult children of Russian President Vladimir Putin, as the Bide...
By Edward Fishman
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Ruble’s Strength in Face of Sanctions May Be Illusory
In The News
After a sharp plunge in value at the beginning of the war in Ukraine, the Russian ruble has recovered much of its value against other world currencies, a change made possible ...
By Rachel Ziemba
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U.S. imposes ‘severe’ sanctions on Russian banks after Bucha atrocities
In The News
The US has imposed its most severe level of sanctions on Sberbank, Russia’s largest financial institution, and Alfa-Bank, the country’s biggest private bank, escalating its ec...
By Edward Fishman
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SEC Chair Gary Gensler Seeks to Regulate Crypto Platforms ‘Like Exchanges’
In The News
The Securities and Exchange Commission (SEC) is looking into crypto trading platforms being “registered and regulated much like exchanges,” Chair Gary Gensler said April 4. “I...
By Alex Zerden
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U.S. weighs tougher Russia sanctions after evidence of Bucha killings
In The News
Biden administration officials have discussed intensifying their sanctions campaign against Russia as evidence emerges of the apparent execution of civilians in a suburb near ...
By Edward Fishman
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Why Biden’s oil dump may not help
In The News
President Joe Biden is escalating his battle against sky-high gasoline prices, opening the taps on the nation’s reserves and cajoling reluctant oil companies to speed up drill...
By Rachel Ziemba
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Biden turned the ruble into rubble. Then it quickly came back.
In The News
A raft of punishing sanctions sent Russia’s currency crashing in the weeks after the invasion of Ukraine. Barely a month later, the ruble has staged a dramatic recovery — putt...
By Rachel Ziemba
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How Sanctions on Russia, War in Ukraine and Covid in China Are Transforming Global Supply Chains
A new world order is emerging for the vital supply chains that deliver most of the goods we rely on for our daily existence. Companies, especially tech companies, are question...
By Emily Kilcrease
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US, G7 freeze Russian gold amid Ukraine war: All you need to know
As the Russia-Ukraine war enters its second month, Western powers have taken new action aimed at destabilising Russia’s sanctions-hit economy following its invasion of Ukraine...
By Rachel Ziemba
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EXPLAINER: How the US and allies can freeze Russian gold
In The News
The U.S. and its allies said Thursday they’re moving to block financial transactions with Russia’s Central Bank that involve gold, aiming to further restrict the country’s abi...
By Rachel Ziemba
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‘We’re going back to a USSR’: queues return for Russian shoppers
In The News
The lines for sugar in Saratov were hard not to compare to the Soviet era, part of a recent run on Russian staples that have revived fears that the Kremlin’s invasion in Ukrai...
By Elina Ribakova
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Joe Biden arrives in Europe for summits as Zelenskiy says Ukraine awaits ‘meaningful steps’
In The News
Joe Biden has arrived in Europe for a four-day trip with the aim of keeping up pressure on Russia over its invasion of Ukraine, amid sanctions fatigue and splits over energy s...
By Edward Fishman
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Surveillance Risks Shape How Central Banks Test Digital Currencies
In The News
Beijing has released few details about e-CNY’s underlying technologies. Publicly available data suggest a centralized system that allows authorities to monitor transactions in...
By Yaya J. Fanusie
