Why you can’t trust economic advice from big business.
Tag: Embargoes and Sanctions
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Treasury Aims for Economic Pain on Russia, but Critics Question Effectiveness
The Treasury Department’s deputy secretary, Wally Adeyemo, has been leading the effort to crack down on evasion and to coordinate with Europe.
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Russia Cuts Interest Rates to 17 Percent as Ruble Recovers
The unscheduled rate change came after the ruble had regained most of its losses since Russia invaded Ukraine.
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How the Yemen War Connects to Saudi Arabia and Iran
Yemen was already the Arab world’s poorest country before its civil war began in 2014. Then a Saudi-led coalition joined the fight against the Iran-backed Houthi militia, spreading the ruin.