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Russia's Ruble Rebound Raises, Questions Of Sanctions' Impact

The ruble is no longer rubble. The Russian ruble by Wednesday had bounced back from the fall it took after the U.S. and European allies moved to bury the Russian economy under thousands of new sanctions over its invasion of Ukraine. ...

Global Stocks Mixed, After West Vows More Russia Sanctions

Global stock markets were mixed on Friday after Western governments promised new sanctions on Russia and President Vladimir Putin tried to prop up Moscow's sinking ruble by threatening to require Europe to use the Russian currency to pay for gas exports. ...

EU Hits, Russia With More Sanctions: From Trade To Truffles

Pure-bred horses, truffles, a soccer club owner and a media company chief. They were among the targets of new European Union sanctions against Russia on Tuesday that sought to deny oligarchs their love of luxury and rob the nation of lucrative ...

Russian Sanctions Are Biting The Harder Than It Could Have Imagined, And it’ll Get Worse

By Steven Hamilton, Australian National University Sydney, Mar 3 (The Conversation) It was only on Sunday that I wrote about the radical escalation in the economic and financial side of the war between Russia and Ukraine. That was before ...

Russians Line Up At Banks, Prices May Rise After The Sanctions

Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen ...