Almost two and half years into Russia’s full-scale invasion of Ukraine, Moscow’s war machine still runs on energy revenues—despite unprecedented Western sanctions that took a bite out of, but hardly ...
After months of discussions over whether to confiscate Russian assets frozen in the West, G-7 nations decided in mid-June to use the future proceeds of those assets to provide a ...
Welcome back to World Brief, where we’re looking at Iran’s presidential election, foreign-policy talking points during the first U.S. presidential debate, and a controversial reform bill in Argentina. Sign up ...
Welcome back to World Brief, where we’re looking at a military assistance deal between Russia and North Korea, a vaccine production initiative in Africa, and Kenya’s contentious tax plan. Welcome ...
The United States and other major countries are close to finally finding a way to turn frozen Russian state assets into financial assistance for Ukraine, with this week’s G-7 meeting ...
Last month, the Biden administration announced that sanctions relief on Venezuela would not be renewed. Reinstating the sanctions that were temporarily lifted in October was a carefully crafted decision intended ...
The Biden administration has been loath to unleash the oil weapon to bring misbehaving countries to heel, leery of spiking oil prices in an election year. But U.S. President Joe ...
Western sanctions against Moscow have so far failed to effectively curb Russian President Vladimir Putin’s ability to wage his illegal war against Ukraine. Much of the weakness of the sanctions ...