In Ukraine, Russia has taken control of Europe's largest nuclear power plant: 10 updates

Economy
March 5, 2022, 12:02 p.m.

Despite both sides completed their second rounds of talks in Belarus to discuss military and humanitarian issues as well as a future political settlement of the current war, Moscow continues its full-scale invasion of Ukraine.

Explained | How does the West intend to economically hurt Russia through sanctions?

Economy
March 5, 2022, 11:59 a.m.

The US has already employed similar sanctions against the regimes in Iran and North Korea, completely cutting them off from global financial flows and eliminating any possibility of them interacting with the world economy on their own.

Russia's oil consumers are running out.

Economy
March 5, 2022, 11:55 a.m.

According to analyst Jarand Rystad, chairman of Rystad Energy, Russia will lose about one million barrels per day (bpd) in oil exports even without direct sanctions on its energy industry, down from 10.5 million bpd last year. Despite the fact that worldwide supplies are scarce, prices are skyrocketing.