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Tag: Embargoes and Sanctions

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Dark Christmas Signals Tough Times for a Prosperous City in Hungary

Last week, European finance ministers meeting in Brussels decided to release a portion of billions of dollars in frozen funding for Hungary after Mr....

In a Wary Arctic, Norway Starts to See Russian Spies Everywhere

TROMSO, Norway — In hindsight, some things just didn’t add up about Jose Giammaria.For one, the visiting researcher at the University of Tromso, in...

United States Enters a New Era of Direct Confrontation With Iran

U.S. intelligence officials assessed that reviving the deal was as unpopular among Iranian conservatives and the Islamic Revolutionary Guard Corps, which runs the military...

Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance

WASHINGTON — The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian oil is facing resistance amid private...

To Pressure Taiwan, China is Now Targeting its Grouper Exports

FANGLIAO, Taiwan — Lin Chun-lai bought his grouper farm in southern Taiwan about a decade ago with an eye on mainland China’s growing appetite...

Companies Brace for Impact of New Forced Labor Law

WASHINGTON — A sweeping new law aimed at cracking down on Chinese forced labor could have significant — and unanticipated — ramifications for American...

Global Growth Will Be Choked Amid Inflation and War, World Bank Says

For large and small nations around the globe, the prospect of averting a recession is fading.That grim prognosis came in a report Tuesday from...

Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following in the footsteps of presidents like...

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the world economy, propelling a realignment of...

The Race to Free Ukraine’s Stranded Grain

KLAIPEDA, Lithuania — The Baltic Sea port has silos to store plenty of grain, railway lines to transport it there from Ukraine, where it...

Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

Before war ravaged Yemen, Walid Al-Ahdal did not worry about feeding his children. At his hometown near the Red Sea, his family grew corn,...

Bulgaria Takes Unusual Stand Against Russia With Sanctions

SHIPKA, Bulgaria — A week after Russia invaded Ukraine, Moscow’s ambassador to Bulgaria climbed a snowy mountain pass to honor czarist-era Russian soldiers who...

Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy

“She’s well-trusted in the government and by the president,” said Sofya Donets, an economist at Renaissance Capital in Moscow who worked at the central...

Why Selling Off Russian Oligarchs’ Assets Will Take Years

The U.S. government was so pleased with its swift seizure of a Russian oligarch’s 255-foot yacht on the Mediterranean island of Majorca last month...

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