Russia Sanctions

United States, G7 to unveil new sanctions targeting Russia over Ukraine, says US official

To extensively restrict Russia's access to goods that matter for its battlefield capabilities, the US and the rest of the "Group of Seven" major economies will unveil new sanctions and export controls targeting Moscow, a US official said ahead of a G7 summit

Two Americans arrested on charges of selling tech to Russia

The FBI and the Commerce Department’s Office of Export Enforcement are investigating the case.

Ukraine-Russia war: G7 countries impose new economic sanctions against Kremlin

While stopping short of a full embargo on energy imports, the G7 said they will 'expedite' plans to slash reliance on Russian fossil fuels

Indian imports of Russian energy represent only 1 to 2% of its total energy imports, says White House

The White House also reiterated that it is not in India's interest to increase its import of energy from Russia and that the Biden administration is willing to work with New Delhi to help it do that.

Explained: What happens when superyachts of Russian billionaires are seized?

Several such superyachts have been seized by European governments, including billionaire Alexei Mordashov’s £45 million boat Lady M and a £444 million boat owned by businessman Andrey Melnichenko

Can the US and allies freeze Russia’s gold? What could happen next?

Russia holds $100-140 billion in gold reserves, roughly 20 per cent of the holdings in the Russian Central Bank, according to US officials

No sugar, no social media: All the things Russians have to live without for attacking Ukraine

Everyday Russians are feeling the burden of sanctions. Sugar is being rationed, there’s a shortage of paper, and they have no access to social media or Netflix

Russia-Ukraine conflict: How China finds itself in a tight spot

Russia has reportedly asked China for military equipment and economic aid, as it finds itself increasingly isolated over the invasion of Ukraine. But can Beijing show more support to Vladimir Putin?

Goldman Sachs becomes first big American bank to leave Russia

According to its latest annual report, the firm's exposure to Russia stood at $650 million at the end of 2021, with the vast majority tied to claims by private actors and borrowers.

More than 300 companies curtail Russia operations, but some opt to remain

In this era of hyper-awareness that some customers and even employees have about the positions companies take on social and moral issues, those still doing business with — or in — Russia are putting their reputations on the line.