US sanctions Iranian drone maker for supplying Russia's operations in Ukraine
The U.S. Treasury announced new sanctions against an Iranian drone manufacturer for providing Shahed drones to Russia that the Kremlin has used in airstrikes against Ukraine.
Europe bans Russian diesel imports and other refined oil products
Europe's ban on Russian diesel imports and other refined petroleum products went into effect on Sunday, the latest attempt by the 27-nation bloc to defund Putin's war machine.
Mark Hamill to sign 'Star Wars' posters to benefit Ukraine
To raise money for Ukraine's defense, "Star Wars" actor Mark Hamill plans to sign movie posters. Hamill is already an ambassador for the country's "Army of Drones" program.
Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
The Treasury's Financial Crimes Enforcement Network warned banks to be on the lookout for Russian oligarchs trying to evade sanctions by investing in U.S. commercial real estate.
Chances of China-Taiwan conflict ‘very high’ if Biden continues to project ‘weakness’: Rep. Michael McCaul
Rep. Michael McCaul, R-Texas, discusses the future of the U.S.’s relationship with China along with the economic implications of the debt ceiling conflict on ‘Fox News Sunday.’
US arms sales jump by 50% in 2022 amid security concerns over war in Ukraine, China aggression
Security concerns from the war in Ukraine to China's aggression in the Far East has prompted U.S. arms sales to surge by nearly 50 percent during the 2022 fiscal year.
US Treasury announces additional sanctions on Russia's Wagner Group
The U.S. Treasury Department expanded sanctions on Russia's Wagner Group and announced new sanctions for entities supporting the military complex.
Germany sees its economy growing this year despite the Ukraine War
German economy will avoid recession if trends continue. Germany's manufacturing base relied heavily on Russian natural gas that stopped flowing when Russia invaded Ukraine.
Paris rushing to finish 2024 Olympics construction work
The Porte de la Chapelle Arena in construction for the Paris2024 Olympic games has been delayed by supply chain distortion caused by Russia's invasion of Ukraine.
Russian car sales down 58.8% in 2022 as sanctions hit auto industry hard
Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday.
New York Gov. Hochul announces plans to ban gas heating in new homes, buildings constructed in next few years
New York Gov. Kathy Hochul, in her state of the state address, announced zero-emission new construction and the phase out of the sale of new fossil fuel heating equipment.
Florida congresswoman urges Washington to 'evaluate' Ukraine spending: 'We're not auditing'
Florida Republican Rep. Anna Paulina Luna discussed whether Kevin McCarthy's concessions could lead to a government shutdown and addressed Ukraine spending.
BlackRock's Fink talks Ukraine reconstruction with Zelenskyy
BlackRock CEO Larry Fink and Ukrainian President Volodymyr Zelenskyy held a video conference discussing their coordinated efforts in rebuilding the country
Russia’s gas production, exports shrink from sanctions pressure: report
Russia’s natural-gas production will fall by 12% this year and its exports will decline by about a quarter, a sign that intentional pressure on the country from sanctions on oil are taking a toll.
Omnibus contains $11.9B for Pentagon to replenish weapon systems sent to Ukraine
Congress is providing the Pentagon nearly $12 billion to replenish depleted inventories of weapon systems that have been supplied to Ukraine for its war against Russia.
Russia, China threat ‘alarming’: Foreign policy expert
Mary Kissel, former senior adviser to Secretary of State Mike Pompeo, reacts to Ukrainian President Volodymyr Zelenskyy's decision to meet with President Biden.
EU countries set up gas cap to counter energy crisis
Energy ministers for the European Union agreed to a price cap earlier this week to combat the ongoing energy crisis ravaging the continent.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.
Canada revokes Nord Stream sanction waiver despite European energy woes
Canada has revoked a temporary sanction waiver issued to allow repairs to the Nord Stream pipeline and said Putin showed no intention of getting the pipeline back up and running.
Nestle announces launch of $43 million facility in Ukraine
Nestlé to invest $43 million to launch a new production facility in western Ukraine as the country is dealing with the economic impact of Russia's invasion.