U.S.-Led Alliance Face Frustration Over Russia Sanctions

Vladimir V. Putin is making gains in his war on Ukraine while the United States and its allies struggle with soaring energy prices and inflation.

#biden-joseph-r-jr, #defense-and-military-forces, #economic-conditions-and-trends, #embargoes-and-sanctions, #group-of-seven, #inflation-economics, #international-relations, #oil-petroleum-and-gasoline, #putin-vladimir-v, #ruble-currency, #russian-invasion-of-ukraine-2022, #united-states-economy, #united-states-international-relations

McDonald’s Is Back, Moscow Style, as Russian Economy Stumbles On

The reopening of the fast-food stores under Russian ownership illustrates the economy’s surprising resilience in the face of intense sanctions, though difficult times lie ahead.

#economic-conditions-and-trends, #nabiullina-elvira-s, #politics-and-government, #putin-vladimir-v, #ruble-currency, #russian-invasion-of-ukraine-2022, #united-states-economy

U.S. Eyeing Russian Energy Sanctions Over Ukraine War, Officials Say

The revenue powers Vladimir V. Putin’s war machine in Ukraine. But plans for new U.S. sanctions could create problems with China, India and other major buyers.

#biden-joseph-r-jr, #economic-conditions-and-trends, #embargoes-and-sanctions, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #united-states-international-relations

Russia’s Economic Outlook Grows ‘Especially Gloomy’ as Prices Soar

The government has brought stability for now through extreme measures, but forecasters are expecting continued severe inflation and a deep downturn.

#central-bank-of-russia, #economic-conditions-and-trends, #embargoes-and-sanctions, #europe, #european-union, #inflation-economics, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #politics-and-government, #ruble-currency, #russia, #shortages, #ukraine, #united-states, #united-states-international-relations, #war-and-armed-conflicts

Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy

Elvira Nabiullina got another five-year term as head of Russia’s central bank after quelling the initial market panic over the invasion of Ukraine.

#banking-and-financial-institutions, #central-bank-of-russia, #content-type-personal-profile, #currency, #economic-conditions-and-trends, #embargoes-and-sanctions, #nabiullina-elvira-s, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

Bleak Assessments of Russian Economy Contradict Putin’s Rosy Claims

While Vladimir V. Putin boasts that Russia is holding up under Western sanctions, his central bank chief and the mayor of Moscow warned that the worst is yet to come.

#embargoes-and-sanctions, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #sobyanin-sergei-s

Russia Cuts Interest Rates to 17 Percent as Ruble Recovers

The unscheduled rate change came after the ruble had regained most of its losses since Russia invaded Ukraine.

#banking-and-financial-institutions, #central-bank-of-russia, #embargoes-and-sanctions, #interest-rates, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

U.S. blocks Russia’s access to dollars for bond payments, heightening risk of default.

The U.S. Treasury tightened its restrictions on Russian financial transactions on Monday, when more than half a billion dollars in bond payments were due.

#credit-and-debt, #currency, #embargoes-and-sanctions, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #treasury-department, #ukraine, #united-states-international-relations, #us-dollar-currency

The Ruble Has Bounced Back. What Does That Mean?

Russia’s financial position is stronger in the short term than many expected.

#central-bank-of-russia, #economic-conditions-and-trends, #internal-sub-only-nl, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

Amid Sanctions, Putin Reminds the World of His Own Economic Weapons

The Russian leader has stabilized the ruble and kept Europe’s leaders guessing by threatening to cut off energy. But he has left the country financially isolated.

#biden-joseph-r-jr, #central-bank-of-russia, #economic-conditions-and-trends, #embargoes-and-sanctions, #european-commission, #european-union, #international-trade-and-world-market, #politics-and-government, #putin-vladimir-v, #ruble-currency, #russian-invasion-of-ukraine-2022, #scholz-olaf-1958, #united-states-international-relations, #von-der-leyen-ursula

Why Russia Is Defending the Ruble

Why has Russia gone all out to defend its currency?

#banking-and-financial-institutions, #economics-theory-and-philosophy, #internal-sub-only-nl, #international-trade-and-world-market, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #stocks-and-bonds

Ruble Shows Signs of Recovery, but May Not Be Strong Indicator of Economy

The ruble’s stronger showing is most likely driven by artificial factors and might not be a good marker that the Russian economy is improving, one expert said.

#currency, #economic-conditions-and-trends, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

Could the U.S. do More for Ukraine?

President Biden says that Ukraine has the full support of the U.S. Volodymyr Zelensky disagrees.

#embargoes-and-sanctions, #internal-storyline-no, #ruble-currency, #united-states-defense-and-military-forces, #united-states-international-relations, #war-and-armed-conflicts

The Russian Stock Market Reopened. Who’s Buying?

Trading has resumed after the market closed for a month, but it’s not business as usual.

#embargoes-and-sanctions, #foreign-investments, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #saturdaynewsletter, #stocks-and-bonds

Dollars or Rubles? Russian Debt Payments Are Due, and Uncertain.

Citing sanctions, the Russian government warned it might pay foreign debt obligations in rubles. Credit rating agencies say a default is imminent.

#blackrock-inc, #credit-and-debt, #credit-ratings-and-credit-rating-agencies, #currency, #embargoes-and-sanctions, #european-central-bank, #fitch-ratings, #government-bonds, #jpmorgan-chasecompany, #politics-and-government, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #siluanovanton, #us-dollar-currency, #vanguard-group-inc

‘Economic War’

Which companies have pulled out of Russia — and which have not?

#economic-conditions-and-trends, #embargoes-and-sanctions, #internal-storyline-no, #politics-and-government, #ruble-currency, #russian-invasion-of-ukraine-2022, #war-and-armed-conflicts

Facing Economic Calamity, Putin Talks of Nationalizing Western Businesses.

With the ruble collapsing, the economy contracting and people abandoning the country, Russia’s leader talks of a Western plot to destroy the country.

#economic-conditions-and-trends, #ikea, #layoffs-and-job-reductions, #mcdonalds-corporation, #moscow-russia, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

With Sanctions, U.S. and Europe Aim to Punish Putin and Fuel Russian Unrest

The Biden administration and European officials are crushing the Russian economy and stirring mass anxiety to pressure President Vladimir V. Putin to end his war in Ukraine.

#banking-and-financial-institutions, #economic-conditions-and-trends, #embargoes-and-sanctions, #europe, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #united-states-international-relations, #united-states-politics-and-government

Ukrainian Invasion Adds to Chaos for Global Supply Chains

Russia’s military incursion is severing key supply chains and setting off a scramble among global companies to comply with new sanctions.

#airlines-and-airplanes, #commodities, #economic-conditions-and-trends, #embargoes-and-sanctions, #freight-cargo, #international-trade-and-world-market, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #shortages, #supply-chain, #ukraine, #western-europe

How Sanctions on Russia Are Affecting the Global Economy

The price of energy has already shot higher, and the conflict imperils supply chains, factors that could exacerbate inflation and suppress growth.

#banking-and-financial-institutions, #defense-and-military-forces, #economic-conditions-and-trends, #embargoes-and-sanctions, #inflation-economics, #interest-rates, #international-trade-and-world-market, #prices-fares-fees-and-rates, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #supply-chain, #ukraine, #united-states, #united-states-economy, #war-and-armed-conflicts

A Bad Start for Russia

But many experts are worried about what happens next.

#defense-and-military-forces, #internal-storyline-no, #politics-and-government, #ruble-currency, #russian-invasion-of-ukraine-2022, #war-and-armed-conflicts

Russia Is a Potemkin Superpower

The Ukraine war has revealed the Putin regime’s true weakness.

#embargoes-and-sanctions, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #ukraine

As Sanctions Batter Economy, Russians Face the Anxieties of a Costly War

The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.

#ab-volvo, #aeroflot-russian-airlines, #apple-pay, #banking-and-financial-institutions, #central-bank-of-russia, #defense-and-military-forces, #economic-conditions-and-trends, #embargoes-and-sanctions, #european-union, #gazprom, #mercedes-benz, #nabiullina-elvira-s, #politics-and-government, #putin-vladimir-v, #rosneft, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #sberbank, #ukraine, #war-and-armed-conflicts

Russian Forces Hit Harder in Ukraine After a Fumbled Start

After days of miscalculation about Ukraine’s resolve to fight, Russian forces are turning toward an old pattern of opening fire on cities and mounting sieges.

#civilian-casualties, #defense-and-military-forces, #embargoes-and-sanctions, #putin-vladimir-v, #ruble-currency, #russian-invasion-of-ukraine-2022, #ukraine, #zelensky-volodymyr

Western Sanctions Aim to Isolate Putin by Undermining the Ruble

Measures announced over the weekend aimed at restricting the Russian central bank’s ability to support the ruble appear to be having an immediate impact.

#banking-and-financial-institutions, #central-bank-of-russia, #currency, #economic-conditions-and-trends, #international-trade-and-world-market, #politics-and-government, #ruble-currency, #russia, #swiftsociety-for-worldwide-interbank-financial-telecommunication

Russia’s Stock Market Closes and Ruble Crashes as Sanctions Hit

The hectic moves were the first signs that Western sanctions were shaking the foundations of Russia’s economy.

#banking-and-financial-institutions, #central-bank-of-russia, #currency, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022

The Ruble Dropped to Record Levels Against Dollar

The ruble dropped to record lows against the dollar, stirring fears of inflation and bank runs, and the central bank raised a key interest rate sharply.

#banking-and-financial-institutions, #inflation-economics, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #ukraine

Russia’s War With Ukraine Already Costing Russian Economy

Despite the Kremlin’s efforts to obscure the offensive in Ukraine, the costs of the war were already evident in both economic and social turmoil.

#censorship, #computers-and-the-internet, #defense-and-military-forces, #economic-conditions-and-trends, #embargoes-and-sanctions, #europe, #facebook-inc, #freedom-of-the-press, #garage-museum-of-contemporary-art, #news-and-news-media, #politics-and-government, #prices-fares-fees-and-rates, #propaganda, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #social-media, #telegram-llc, #ukraine, #war-and-armed-conflicts

Biden Hits Russia With Broad Sanctions for Putin’s War in Ukraine

The penalties will affect Russia’s biggest banks, its weapons industry, its largest energy company and families close to President Vladimir V. Putin. The country’s stock market has plummeted.

#banking-and-financial-institutions, #biden-joseph-r-jr, #defense-and-military-forces, #economic-conditions-and-trends, #embargoes-and-sanctions, #moscow-russia, #putin-vladimir-v, #ruble-currency, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #united-states-international-relations, #war-and-armed-conflicts

How Putin Has Prepared Russia’s Economy for Sanctions

Since paying the price for annexing Crimea in 2014, Russia has tried to make its economy sanctions-proof, hoarding currency to insulate the country.

#central-bank-of-russia, #embargoes-and-sanctions, #oil-petroleum-and-gasoline, #politics-and-government, #putin-vladimir-v, #ruble-currency, #russia, #ukraine