Finance

Economy

Western companies severing ties with Russia over invasion of Ukraine, sanctions

The United States, Canada, European allies, and other countries announced a rash of sanctions against Russia over its invasion of Ukraine, including cutting Russian banks from the SWIFT messaging service, banning Russian aircraft, limiting the business dealings of Russian oligarchs, and other measures that will economically isolate the country.

Economy

Is the Russia-China alliance cracking?

Russia and China have maintained a close working relationship for years, but that relationship appears to be in question after Russia made the decision to invade Ukraine and take on serious economic sanctions.