The cap, championed by the United States, would deprive the Kremlin of tens of billions of dollars annually. Experts warn that implementation will be difficult.
Tag: Embargoes and Sanctions
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Iran Protests Fueled by Sickly Economy
The country’s long economic decline has been one of the main forces sending Iranians into the streets over the past two weeks to demand change.
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‘Naked Fear’: A Pipeline Attack Fans Anxiety in a German Village, and Beyond
The act of sabotage has brought the Ukraine war closer, raising anxiety levels and threatening to undermine the Europeans’ resolve to help Ukraine fight on.
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Biden Calls on World to Punish Russia for Attempt to Annex Ukrainian Land
The U.S. imposed new sanctions on Russian officials and companies, and penalized foreign businesses aiding the Russian military. But officials are holding back on energy sanctions.
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Putin Announces Ukraine Annexation, Calling West the Enemy
Declaring that Russia would annex four regions of Ukraine, which the West rejects as illegal, the Russian president accused the U.S. and its allies of “despotism’’ and “Satanism.’’