Four months since the start of invasion, the European Union has already adopted six sanction packages. Room for manoeuvre is shrinking.
Cryptocurrency allows Ukraine to get quick financial support, and Russia, to bypass international sanctions and protect some of its economic interests.
Personalist dictators tend to shield the elites who support them from the economic pain of sanctions by pushing costs onto regular people.
As the world becomes more divided by this war, the Chinese yuan may become the safe haven for Russia and other liked-minded countries.
The idea: to use the credit channel by making foreign banks bear the consequences of the devaluation of the Russian currency.
The West broke an implicit contract when it denied Russia access to its foreign reserves on February 27. It’s hard to see a way back.
Alphabet, Apple, Meta, Amazon and Microsoft have each taken some form of action against Russia — but the actual impact it will have isn’t clear.
The ultimate crop yields that farmers harvest depends on the use of fertilisers.
Soaring inflation and a run on the banks signal that punishing sanctions resulting from the invasion of Ukraine are already inflicting economic pain.
A feature of the international community’s response to Russia’s aggression against Ukraine has been the adoption of sanctions. So what are sanctions? And are they likely to have any meaningful impact?
Denying Russia’s central bank access to its offshore reserves threatens hyperinflation, a recession and massive unemployment.
By working with allies, the Biden administration has been able to place severe sanctions on Russia – including targeting Putin’s inner circle and banning banks from SWIFT.
Approximately 69% of Russians approve of President Vladimir Putin. But a costly war is likely to chip away at his popularity, history and data tell us.
Named after a tax expert who died in police custody after uncovering fraud by Russian officials, Magnitsky sanctions target individuals accused of human rights violations.
The Biden administration hopes the threat of harsh sanctions from a united West will deter Putin from invading Ukraine. But Russia has a long history of using energy to divide the US and Europe.
The Biden administration has threatened severe sanctions if Russia were to invade Ukraine. An economic sanctions scholar explains why they probably won’t be effective.
Many contracts have been ended in cases of war or changes in the law. But government action making a contract more expensive does not mean it will be terminated.