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Despite EU crypto sanctions, Russians are still using digital currencies

by Levi Bridges
Sep 25, 2023
Crypto sanctions have caused headaches for many anti-war Russians who fled abroad, but crypto use within Russia is still common.
The goal of the the European Union's crypto restrictions is to stop sanctioned Russians from finding loopholes to move money out of Russia.
Matt Cardy/Getty Images
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To stay atop the oil market, OPEC became OPEC+. But keeping the cartel in sync isn't easy.

by Lily Jamali
Jun 28, 2023
The Saudis invited the Russians to the table and rolled out the red carpet. But the Russians haven't always done what the Saudis want.
OPEC and OPEC+ members break their oil production promises all the time, said Victor McFarland at the University of Missouri.
Joe Klamar/AFP via Getty Images
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A Year of War

How effective have sanctions on Russia been?

by David Brancaccio and Erika Soderstrom
Feb 23, 2023
A forthcoming paper on Russia's economic sanctions finds they could go further by targeting oligarchs' wealth managers.
A new research paper on the topic suggests that sanctioning not oligarchs but their wealth managers would actually be even more effective.
Sergei Supinsky/AFP via Getty Images
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Navigating 2023's global risks, from Russia to AI

by David Brancaccio and Jarrett Dang
Jan 5, 2023
Eurasia Group Founder Ian Bremmer talks through the consultancy's annual report of risks the world will face in the coming year.
Russia's increasingly rogue behavior tops the Eurasia Group's list of 2023's global risks. Artificial intelligence, China, and inflation are also make appearances.
SERGEI BOBYLYOV/SPUTNIK/AFP
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Germany warned about the danger of becoming economically dependent on China

by Stephen Beard
Dec 1, 2022
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
Chinese President Xi Jinping (R) welcomes German Chancellor Olaf Scholz at the Great Hall of the People in Beijing on November 4, 2022.
Photo by Kay Nietfeld/POOL/AFP via Getty Images
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Germany under fire from neighbors for its dependence on Russian energy

by Stephen Beard
Aug 3, 2022
Fear that Russia may terminate all natural gas flows to Europe's largest economy is causing friction among EU countries.
Some countries in Eastern Europe objected to Germany building ties with Russia around natural gas imports via the Nord Stream pipeline. Now, Germany is scrambling to prepare for additional supply cuts.
Odd Anderson/AFP via Getty Images
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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

by Lily Jamali
Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images
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As Russia defaults on its foreign debt, sanctions blitz batters economy

by Savannah Maher
Jun 27, 2022
Russia is feeling the impact of Western economic curbs, leading to product shortages and manufacturing slowdowns.
Russian President Vladimir Putin, left, takes a meeting. Experts don't see Russia's default as a serious blow to its economy, but sanctions are also causing product shortages and manufacturing slowdowns.
Mikhail Metzel/Sputnik/AFP via Getty Images
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How to rank the world’s economic superpowers, according to Ray Dalio

by David Brancaccio and Rose Conlon
Jun 3, 2022
Also, why Dalio says we’re entering a period of stagflation.
Bridgewater Associates founder Ray Dalio said the U.S.’s relative power on the world stage is deteriorating while China’s is growing.
Eoin Noonan /Web Summit via Getty Images
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Why OPEC might decide to take a break from its alliance with Russia

by Andy Uhler
Jun 1, 2022
Russia is the world's third-largest oil producer — such a decision won't be made lightly.
The relationship between Russia and the Organization of the Petroleum Exporting Countries has always been contentious.
Joe Klamar/AFP via Getty Images
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