China expert warns Xi, Putin strengthening economic ties presents ‘very big challenges’ to US
China and Russia's latest political and economic recommitment to one another poses even greater national security threats to the U.S., Jonathan D.T. Ward argues.
Kevin McCarthy: There are a lot of 'different problems' under Biden
House Speaker Kevin McCarthy aid out the various domestic and world problems facing President Joe Biden.
Stuart Varney: Biden needs to define what 'winning' is
FOX Business' Stuart Varney reacted to Russian jets downing an American drone amid its conflict with Ukraine, arguing Biden needs to define what "winning" the war looks like.
How Russia’s invasion of Ukraine changed financial markets
Russia's invasion of Ukraine, one year ago, could have permanent negative consequences for the global economy, inflation, and financial markets caused by reduced trade.
Yellen warns China of 'serious consequences' in helping Russia skirt US sanctions
China would face serious repercussions if helped China evade a slew of Western sanctions, Treasury Secretary Janet Yellen said ahead of a G20 meeting.
Putin critic warns China’s intention to supply Russia with lethal weapons for war ‘extremely disturbing’
Russia's former largest foreign investor warns China will face a "very harsh economic response" from America if it provides military aid for Russia's war against Ukraine.
Europe bans Russian diesel imports and other refined oil products
Europe's ban on Russian diesel imports and other refined petroleum products went into effect on Sunday, the latest attempt by the 27-nation bloc to defund Putin's war machine.
Russia boosts China trade to counter Western sanctions
Russia and China have spent years building stronger economic ties, including a $55 billion gas pipeline and Russia’s increased usage of China’s yuan.
Putin on phone with Saudis ahead of OPEC+ committee meeting on Wednesday
Oil prices are lower after Russian President Vladamir Putin reportedly met with Saudi Crown Prince Mohammed bin Salman ahead of OPEC + meeting to discuss global oil market.
Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
The Treasury's Financial Crimes Enforcement Network warned banks to be on the lookout for Russian oligarchs trying to evade sanctions by investing in U.S. commercial real estate.
US arms sales jump by 50% in 2022 amid security concerns over war in Ukraine, China aggression
Security concerns from the war in Ukraine to China's aggression in the Far East has prompted U.S. arms sales to surge by nearly 50 percent during the 2022 fiscal year.
US Treasury announces additional sanctions on Russia's Wagner Group
The U.S. Treasury Department expanded sanctions on Russia's Wagner Group and announced new sanctions for entities supporting the military complex.
Binance moved $346M for seized crypto exchange Bitzlato, data shows
Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022, the FinCEN said.
Russian car sales down 58.8% in 2022 as sanctions hit auto industry hard
Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday.
Russia's crude oil price drops 40% below global benchmark
The price of Russia's flagship Urals crude oil has taken a hit following strict international bans and sold below $50 a barrel Tuesday, well below the global benchmark set by Brent Crude which sold for $80 a barrel.
Finland gets floating LNG terminal to replace Russian gas
As Finland looks to distance itself from Russia and join NATO, it sees energy security as an important step and LNG capacity is crucial to independence.
Russia’s gas production, exports shrink from sanctions pressure: report
Russia’s natural-gas production will fall by 12% this year and its exports will decline by about a quarter, a sign that intentional pressure on the country from sanctions on oil are taking a toll.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.
Canada revokes Nord Stream sanction waiver despite European energy woes
Canada has revoked a temporary sanction waiver issued to allow repairs to the Nord Stream pipeline and said Putin showed no intention of getting the pipeline back up and running.
Kremlin rejects EU oil price cap: 'Europe will live without Russian oil'
The Kremlin on Saturday rejected EU efforts to hit Russia's top earner by placing a price cap on its oil and said 'Europe will live without Russian oil.'