Foreign policy experts are divided on whether Russia’s invasion of Ukraine makes it more or less likely that China will launch a similar attack on Taiwan. Here are the arguments on both sides.
U.S. sanctions have further strained relations between the two superpowers.
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China has responded to US sanctions with its own set of punitive measures. An expert on international trade explains the standoff and what it means for countries and companies caught in the middle.
China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency.
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Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
As President Biden begins meeting with congressional leaders to resolve the debt ceiling showdown, an economist warns the consequences of a default could be dire.
Biden wants to find a way to seize oligarch-owned yachts.
AP Photo/Francisco Ubilla
The US has frozen tens of billions of dollars worth of assets belonging to Russians and their government. A legal scholar explains why confiscating them is a bit trickier.
To the nationalist right, Vladimir Putin embodies similar qualities to Donald Trump’s: determination, virility and attachment to traditional values.
Kirill Kudryavtsev/AFP
Former US president Donald Trump continues to wield an important influence within the Republican Party. Notwithstanding the war in Ukraine, he and his supporters continue to look up to Vladimir Putin.
A person shops at a supermarket in Moscow in April. War-related sanctions have caused inflation to soar – 2% per week in the first three weeks of the war and 1% per week thereafter, equivalent to 68% per year.
Natalia Kolesnikova/AFP
While the country’s Central Bank may have managed to offset some of the tougher sanctions, the West’s economic broadside has caused long-term damage to “Fortress Russia”.
The recent US ban on avocado imports from Mexico underscores the risks of being so heavily reliant on a product that comes from one region in one country that’s rife with violence and corruption.
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?
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.
Burundi President Évariste Ndayishimiye at the African Union Summit in Addis Ababa, Ethiopia.
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The return of financial inflows from foreign investment or aid support will go a long way towards jump-starting economic recovery.
Russian President Vladimir Putin meets with U.S. President Joe Biden via videoconference on Tuesday, Dec. 7, 2021.
Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP
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.