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Articles on Russia sanctions

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Staff members work at a newly opened fast-food restaurant in a former McDonald’s outlet in June 2022 in Moscow. It offers most of the same items as McDonald’s and is an example of how Russia is defying western sanctions. (AP Photo/Dmitry Serebryakov)

How the Russian economy is defying and withstanding western sanctions

As Russians come to terms with the seriousness of the war in Ukraine, the Russian economy is weathering the storm of western sanctions.
Gas prices are displayed at a gas station in Frankfurt, Germany. OPEC countries have decided to cut oil production by 2 million barrels per day in response to rising global interest rates. (AP Photo/Michael Probst)

Sanctions on Russia are increasing, not decreasing, its revenue

The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
People march in Saskatoon, Sask., with the flag of Ukraine during a rally mourning the deaths of civilians killed during the Russian invasion of Ukraine. THE CANADIAN PRESS/Heywood Yu

5 areas where Canada needs to step up on the war in Ukraine

Canada has played the role of a global peace advocate before. Rarely has the world needed it more than right now.
Members of Congress give Ukrainian President Volodymyr Zelensky a standing ovation during a speech by videoconference on Capitol Hill in Washington, D.C., on March 16, 2022. Ukraine says it is pioneering a new source of financial support: cryptocurrency. (Sarahbeth Maney/The New York Times via AP)

How the Russia-Ukraine conflict has put cryptocurrencies in the spotlight

Cryptocurrency allows Ukraine to get quick financial support, and Russia, to bypass international sanctions and protect some of its economic interests.

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