Russia on the brink of historic debt default as payment period expires

posted in: News, Russia

KEY POINTS —Interest payments totaling $100 million were due on May 27 and subject to grace period which expired on Sunday night. —Sweeping sanctions imposed by Western powers in response to Russia’s invasion of Ukraine, along with countermeasures from Moscow, … Read More

Putin Has A Serious Problem: Sanctions Are Smashing Russia’s Economy

posted in: News, Russia

How Much Are Sanctions Hurting Russia? – On Wednesday, the United States issued a slew of new sanctions against Russian banks and elites, which included a ban on Americans investing in Russia. The new sanctions specifically targeted Russia’s Sberbank, which … Read More

Biden says a Russian invasion of Ukraine would hurt Americans. Here’s how

posted in: News, United States

With 150,000 Russian troops circling Ukraine’s borders and U.S. officials warning that a major invasion could take place any day, President Biden has signaled to the American public that it, too, may feel effects if Russia chooses to invade. “If … Read More

U.S. plans to sanction Russian oligarchs this week: sources

WASHINGTON (Reuters) – The United States plans to sanction Russian oligarchs this week under a law targeting Moscow for meddling in the 2016 U.S. election, sources familiar with the matter said on Wednesday, in what could be the most aggressive … Read More

Putin on U.S. election interference: ‘I couldn’t care less’

posted in: News, Russia

Megyn Kelly interviews Vladimir Putin on March 1, 2018. NBC News Russian President Vladimir Putin has told NBC News that he “couldn’t care less” if Russian citizens tried to interfere in the 2016 American presidential election because, he claims, they were … Read More