WASHINGTON — The Internal Revenue Service is pressing Congress to devote more resources to the agency as it takes an increasingly central role in the Biden administration’s efforts to prevent […]
Embargoes and Sanctions
Trending topics and news from the Embargoes and Sanctions category
Back to news homeA Plastic Factory Feels the Sting of Rising Energy Prices
Long before President Vladimir V. Putin unleashed his war on Ukraine, Mosharraf Khalid was already contending with an expensive, bewildering and unrelenting assortment of problems afflicting the global supply chain.His […]
Bitcoin’s Value Drops Amid Russia-Ukraine War and Inflation
“To whatever extent the Canadian trucker story would be seen as bullish for Bitcoin (because it got people thinking about ways of making payments without regulated entities) it’s also bearish […]
China Has Tools to Help Russia’s Economy. None Are Big Enough to Save It.
When the United States and its allies declared a financial war on Russia after its invasion of Ukraine, the world turned to see what China would do.As a growing global […]
How Western Firms Quietly Enabled Russian Oligarchs
Behind a set of imposing metal doors in an easy-to-miss office building in a New York City suburb, a small team manages billions of dollars for a Russian oligarch.For years, […]
No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On
Ms. Townsend said that luxury brands may also be nervous about selling in Russia because, increasingly, many of the wealthiest people in the country were subject to sanctions.“Typically, when you […]
Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market
HOUSTON — Before its forces invaded Ukraine, Russia provided one out of every 10 barrels of oil the world consumed. But as the United States and other customers shun Russian […]
Biden Bans Oil Imports From Russia, Warning Gas Prices Will Rise
U.S. consumers are already feeling the squeeze. In California, prices for some types of gas has hovered around $6 in recent days; on Tuesday the state average was well over […]
How Much Will the U.S.’s Oil Ban Hurt Russia?
In the longer term, though, the future of the Russian industry, which bankrolls a large portion of the government budget, has turned cloudy. China, for instance, is a hard bargainer […]
The Future Turns Dark for Russia’s Oil Industry
In the longer term, though, the future of the Russian industry, which bankrolls a large portion of the government budget, has turned cloudy. China, for instance, is a hard bargainer […]