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Stories Tagged as

Ukraine

Europe sanctions Russian coal but not oil and gas

by Lily Jamali
Apr 8, 2022
Experts say the EU should look into further energy sanctions while cold weather is not a pressing concern.
Coal imported from abroad lies at Hamburg Port after unloading from ships on April 8 in Hamburg, Germany.
Morris MacMatzen/Getty Images
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Add beer to the list of products that Russia's invasion of Ukraine is making more expensive

by Andy Uhler
Apr 5, 2022
Ukraine and Russia are two of the world's top barley exporters.
A bartender pours a beer in Austin, Texas. Supply chain issues, a poor crop year and the war in Ukraine have all contributed to higher barley prices.
Sergio Flores/AFP via Getty Images
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Russia faces a mounting bill for maintaining its invasion of Ukraine

by Justin Ho
Mar 23, 2022
In the long run, the country's economy will pay a high price.
From the costs for weapons and tanks to food, the invasion of Ukraine is likely costing Russia more than it anticipated.
AFP via Getty Images
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China walks a trade tightrope between Russia and the West

by Jennifer Pak
Mar 17, 2022
The Chinese government is opposed to sanctions against Russia and says it will continue to trade with it. But that is not easy in practice.
Though China relies on Russian oil, voluntary sanctions by Western companies could make it harder for China to get it. Above, a worker stands on pipes at an offshore oil in China's eastern Shandong province.
STR/AFP via Getty Images
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Donations fortify Ukraine's defense spending

by Lily Jamali
Mar 9, 2022
But international money transfers can be tricky. Ukraine is also accepting help in the form of cryptocurrency.
Ukrainian soldiers carry water near a base in Lviv. The government has been making its account information public to help it raise funds.
Daniel Leal/AFP via Getty Images
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How Russia's invasion of Ukraine is delaying shipments of a key chipmaking tool

by Stephanie Hughes
Mar 8, 2022
About 90% of chips are created with lasers that require neon gas. Russia and Ukraine are major exporters of the element.
Lasers using neon gas etch circuit patterns on silicon wafers to make computer chips, like the ones above. Russia and Ukraine are major exporters of neon.
Josep Lago/AFP via Getty Images
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For global brands, pulling out of Russia isn't a yes-or-no question

by Kristin Schwab
Mar 8, 2022
Logistics, business models and a fear of Russians' reactions are all factors.
The Kremlin's towers are reflected in the window of a McDonald's restaurant in Moscow. The chain said Tuesday that it would temporarily close its Russian locations.
Alexander Nemenov/AFP via Getty Images
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Ukrainians in the U.S. struggle to send money home as war rages

by Lily Jamali
Mar 7, 2022
In a typical year, they send more than $500 million to family and friends. Now, it's not easy.
The Russian invasion has complicated the process of sending remittances to Ukraine through money transfer companies like Western Union.
Gary Gershoff/WireImage via Getty Images
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Ukraine finance minister: sanctions came too late

by Victoria Craig
Mar 4, 2022
Ukraine's finance minister calls for more "severe" Western sanctions against Russia, warning time is of the essence.
Ukraine’s Finance Minister Sergii Marchenko during an interview in Kiev, Ukraine, on Feb. 3, 2021.
Bogdan Datsiyuk/Anadolu Agency via Getty Images
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What would Europe do if Russia cuts off natural gas?

by David Brancaccio , Erika Soderstrom , Rose Conlon and Jarrett Dang
Mar 4, 2022
Unpacking Europe's reliance on Russian energy — and the risks that now carries.
A natural gas line runs through the country side on March 11, 2015 outside Donetsk, Ukraine.
Andrew Burton/Getty Images
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