One of the Biden administration’s key objectives as it simultaneously supports two friends engaged in ferocious wars is to keep both conflicts from spreading. The White House has so far been largely successful, as neither the war between Ukraine and Russia nor the...
Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Austria and the bank wants it to be taken off a...
Russia’s foreign minister on Wednesday said Moscow cannot recognize Israel’s methods against the Palestinian group Hamas as “acceptable.” “From the very beginning, we strongly condemned … the Hamas terrorist attack on Oct. 7 against Israeli civilians … and urgently called for...
U.S. Marines are among more than 4,000 allied personnel participating in a Finland-led military exercise that is drawing Russian concerns over NATO’s growing might in the Baltic Sea. Freezing Winds 23 is the first major maritime exercise led by Finland since it joined NATO in April, the...
By Rachel Lyngaas, Chief Sanctions Economist, U.S. Department of Treasury Putin is feeling the impacts of his war in Ukraine. Sanctions and export controls are damaging Russia’s economy and limiting its access to the financing and material goods needed to wage its illegitimate war...
