Press
Showing 21-40 of 50 Items
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Is the Russian economy stabilizing — or doomed? Both.
Elina Ribakova, deputy chief economist at the Institute of International Finance, told Grid that Nabiullina’s “very skillful response” is one reason why the economic impact of...
By Rachel Ziemba, Edward Fishman & Elina Ribakova
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Explainer: How the U.S. could tighten sanctions on Russia
The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian P...
By Edward Fishman
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Risks of US secondary sanctions on Russian oil buyers rise as EU ponders embargo
Risks are rising that the US will impose secondary sanctions on Russian oil customers as G7 partners, including the EU, expand their commitments to curb flows, analysts said M...
By Edward Fishman & Rachel Ziemba
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U.S. Unveils Latest Sanctions Targeting Russia
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
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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U.S. widens sanctions against Russia as questions about effectiveness mount
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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U.S. imposes ‘severe’ sanctions on Russian banks after Bucha atrocities
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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U.S. weighs tougher Russia sanctions after evidence of Bucha killings
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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Joe Biden arrives in Europe for summits as Zelenskiy says Ukraine awaits ‘meaningful steps’
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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‘Resistance for Ukrainians is part of their soul’: Zelensky
Ukrainian President Volodymyr Zelensky is set to virtually deliver his address to the Japanese parliament on Wednesday to rally international support for his country’s fight a...
By Edward Fishman
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White House believes Russia is seeing a big drop in oil sales, imperiling key source of funding
“Ultimately there is enough demand for oil — enough folks who need and want oil around the world, including countries outside the sanctions coalition — that eventually that oi...
By Edward Fishman
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Russia is testing the West's favorite weapon
The unprecedented sanctions the West imposed on Russia have hobbled its economy and are hurting the global system, too. But their primary purpose, arguably, is to stop the fig...
By Edward Fishman
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The West’s Economic War Plan Against Russia
Just as Vladimir Putin blindsided the West with the fact and ferocity of his invasion of Ukraine, the West blindsided Mr. Putin with the speed and aggressiveness of its retali...
By Edward Fishman
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White House eyes new sanctions on lawmakers in Russian parliament as part of financial attack on Moscow
The White House is weighing new sanctions against lawmakers in the upper-chamber of the Russian parliament, as the United States seeks to increase financial pressure on Russia...
By Edward Fishman
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Biden’s harsh new sanctions are aimed at crippling Putin’s defenses
Ever since the United States and its allies announced sanctions against Russia to halt its invasion of Ukraine, the effort faced a big unknown. What if Vladimir Putin has alre...
By Edward Fishman
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The emerging nuclear threat
Up until this weekend, Russia's invasion of Ukraine looked very old-fashioned: Columns of tanks, prisoners of war, bombed buildings. Now, however, Russia and the West have bot...
By Edward Fishman
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U.S. Targets Major Russian Banks and Tech Sector with Sweeping Sanctions and Export Controls Following Ukraine Invasion
President Biden on Thursday announced an unprecedented package of sanctions and export controls coordinated with European and Asian allies to punish Russia for its invasion of...
By Edward Fishman
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Putin Insulated Russia’s Economy. Will Biden’s Sanctions Hold Him Back in Ukraine?
When the Obama administration imposed sanctions on Russia for invading Ukraine in 2014, American officials were hopeful they would deter President Vladimir V. Putin from furth...
By Edward Fishman
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Putin, Facing Sanction Threats, Has Been Saving for This Day
Vladimir V. Putin’s posture toward the West through the recent Ukraine crisis seems unusually defiant, even for him. But there may be more behind his confidence than military ...
By Edward Fishman
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For Economic Sanctions To Work Against Russia, the US and Its Allies Will Have To Share Some of the Pain
The Biden administration’s strategy for economic sanctions against Russia should it invade Ukraine could be summed up as “no pain, no gain.” With a military confrontation off ...
By Edward Fishman