The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil ...

European Union says move amounts to one of the strongest sanctions packages against Russia to date linked to the war.

If the Kremlin doesn't go for peace in Ukraine, “very steep tariffs” and secondary sanctions will be imposed on Russia, as ...

The decision was taken after Slovakia dropped its block on the sanctions, which provide for lowering a price cap on Russian ...

The war’s impact has dampened the outlook for global economic growth, which fell below the two-decade average of 3.8% based on the annual World Economic Outlook to 3.4% in 2022 and is expected ...

Russia’s attack on Ukraine Wednesday means the conflict will take a bigger toll than believed on the U.S. economy as it drives oil prices and inflation higher and intensifies supply chain snarls.

Feb. 15 (UPI) --Europe is facing strong economic headwinds. Record inflation, the need to recover from the pandemic, and a divided response to Russian troop deployments along the Ukraine border ...

Russia’s Ukraine invasion could be a global economic ‘game changer’ Soaring gas prices and rapidly shifting trade decisions suggest events of the past two weeks will be felt everywhere for years ...

A potential Russian invasion of Ukraine could negatively impact the pocketbooks of average Americans, who are already facing higher prices and rising inflation. Moscow’s saber-rattling has led ...

Impact on the Russian Economy. According to Elina Ribakova, deputy chief economist at the Institute of International Finance, "We are looking at a double-digit economic contraction already" in Russia.

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to ...

The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy ...