Sanctions

Russia may default on international debt for the first time since the Bolshevik Revolution after the U.S. chose not to extend its license to Russia to pay bondholders.

Russian President Vladimir Putin issued a retaliatory decree Tuesday to hit “unfriendly” states with export blocks in a move that could further hinder the global market.

Treasury Secretary Janet Yellen on Wednesday warned of major consequences for countries that undermine the sanctions that the U.S. and its Western allies have imposed on Russia over the war in Ukraine war.

If Western countries implemented a "real embargo" on Russian oil and gas, then Putin's invasion of Ukraine could come to a halt in just a couple of months, a former chief economic adviser to Putin told the BBC.

President Biden's administration is set to announce a slew of sanctions against Russia on Wednesday as the country's invasion of Ukraine continues.

A major Russian steel company is on the verge of default after Citigroup froze its debt payment.

The United States on Thursday announced a raft of new financial sanctions on Russian lawmakers and defense companies, further ratcheting up financial pressure on Moscow over its invasion of Ukraine.

A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.

Russia appears to have averted a historic debt default after claiming on Friday that it fulfilled a critical interest rate payment on two dollar-denominated bonds.

Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government.

Russia claimed on Thursday that it had fulfilled a critical interest rate payment on two dollar-denominated bonds, potentially avoiding a historic debt default.

Russia spirals closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.

Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing's close relationship with Moscow.

Russian prosecutors have issued stern warnings to Western businesses operating in Russia, threatening to arrest corporate leaders who criticize the Kremlin or to seize the assets of companies that pull out of the nation.

Russia’s central bank, faced with unprecedented sanctions and a plummeting ruble, said Wednesday it was suspending the sale of foreign currencies through September.

The corporate exodus from Russia continued Tuesday as McDonald's, Coca-Cola, Starbucks, and Pepsi announced that they are temporarily suspending business in Russia over Putin's invasion of Ukraine.

The United States and its Western allies have imposed crippling sanctions against Russia over its invasion of Ukraine.

Tesla co-founder and CEO Elon Musk on Sunday said Europe must reboot its nuclear power stations for the sake of national and international security.

Oil prices surged to a 13-year high on Sunday as U.S. officials signaled an openness to a ban on Russian oil imports amid Putin's invasion of Ukraine.

TikTok joined the corporate exodus from Russia on Sunday as the Chinese-owned social media platform announced it is suspending new content and livestreaming in the country after Putin signed a “fake news” law on Friday.