Lawmakers, Yellen mull freezing Russian gold reserves
A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.
Russia may have avoided historic, $117M debt default for now
Russia appears to have averted a historic debt default after claiming on Friday that it fulfilled a critical interest rate payment on two dollar-denominated bonds.
Koch to continue running 2 glass facilities in Russia
Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government.
Russia claims it made a critical bond payment to avoid $117M debt default
Russia claimed on Thursday that it had fulfilled a critical interest rate payment on two dollar-denominated bonds, potentially avoiding a historic debt default.
Russia on verge of $150B debt default as sanctions cripple economy
Russia spirals closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.
Chinese stocks plunge on COVID-19 fears, concerns over Beijing and Moscow's relationship
Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing's close relationship with Moscow.
Russia warns Western companies of arrests, asset seizures over government criticism
Russian prosecutors have issued stern warnings to Western businesses operating in Russia, threatening to arrest corporate leaders who criticize the Kremlin or to seize the assets of companies that pull out of the nation.
Russia suspends foreign currency sales as ruble crashes amid economic fallout over Ukraine invasion
Russia’s central bank, faced with unprecedented sanctions and a plummeting ruble, said Wednesday it was suspending the sale of foreign currencies through September.
Some Western companies decline to join corporate exodus from Russia over Ukraine invasion
The corporate exodus from Russia continued Tuesday as McDonald's, Coca-Cola, Starbucks, and Pepsi announced that they are temporarily suspending business in Russia over Putin's invasion of Ukraine.
Russian sanctions: Will they curb Putin's aggression? Experts weigh in
The United States and its Western allies have imposed crippling sanctions against Russia over its invasion of Ukraine.
Elon Musk calls for Europe to restart its nuclear power stations: 'critical to international security'
Tesla co-founder and CEO Elon Musk on Sunday said Europe must reboot its nuclear power stations for the sake of national and international security.
Oil hits 13-year high as Blinken signals openness to a ban on Russian oil imports
Oil prices surged to a 13-year high on Sunday as U.S. officials signaled an openness to a ban on Russian oil imports amid Putin's invasion of Ukraine.
TikTok suspends new content and livestreaming in Russia after Putin signs 'fake news' law
TikTok joined the corporate exodus from Russia on Sunday as the Chinese-owned social media platform announced it is suspending new content and livestreaming in the country after Putin signed a “fake news” law on Friday.
Binance CEO following Russia sanctions 'very closely'
Binance CEO Changpeng Zhao stressed on "Cavuto: Coast to Coast" Friday his cryptocurrency exchange is following all sanctions rules amid the Russia-Ukraine war.
NJ city council votes to revoke licenses of gas stations over Russian ties
Lukoil gas stations in Newark have had their business licenses suspended
US expands list of Russian oligarchs who will face sanctions
The Biden administration will sanction more Russian oligarchs and their families in response to Russia's war in Ukraine.
Yellen says US will address potential gaps in Russia sanctions
The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding the measures would "continue to bite."
White House slaps Belarus with 'sweeping restrictions,' sanctions Russian oil refining
The White House released a fresh round of sanctions on Russia Wednesday as well as its ally, Belarus, for supporting Putin's invasion of Ukraine.
Ukraine war: DOJ launches task force to target Russian oligarchs, seize assets
The oligarchs remain a vulnerable point of Putin's power since their wealth exists in more clear-cut and traditional investments.
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.