sanctions

A new poll from Morning Consult shows how Americans are feeling about President Joe Biden and what they perceive as the most important world issues. According to the results: 42% approve of Biden 51% disapprove 7% have no opinion. 31% say the U.S. is headed in the right direction 68% say the U.S....

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, has expressed his skepticism about the impact of Western sanctions on Russian oil highlighting the fact that the country has increased its oil exports to China. “Since the West started levying its ill...

Harvard economics professor Matthew Ferranti has created a bit of a stir with a new research paper where he advises central banks to buy Bitcoin (CRYPTO: BTC) What Happened: According to Ferranti's research, it makes sense for many central banks to hold a small amount of Bitcoin under...

The Biden administration unveiled a comprehensive strategy recently to move the U.S. forward and hold China back in the production of advanced semiconductors, virtually eliminating China's semi industry overnight, escalating the high-tech battle with Beijing. “Every American executive and...

U.S. federal prosecutors have alleged that five Russian nationals laundered tens of millions of dollars in cryptocurrencies for Russian oligarchs and sanctioned entities. What Happened: The accused have been identified as Yury Orekhov, Artem Uss, Svetlana Kuzurgasheva, ...

As part of its eighth round of sanctions on Russia, the European Union (EU) has imposed a blanket ban on all cryptocurrency services to Russian businesses. “The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services,...

U.S. Secretary of State Antony Blinken said on Aug. 8 that the country sanctioned Tornado Cash (CRYPTO: TORN), a decentralized application on the Ethereum (CRYPTO: ETH) blockchain that allows the anonymous transfer of Bitcoin (CRYPTO: BTC). The reasoning behind it, as...

The U.S. Treasury Department sanctioned Russian President Vladimir Putin's rumored girlfriend, Alina Maratovna Kabaeva, in Tuesday's latest round of sanctions. The sanctions are a part of a series of measures targeting Kremlin elites in the Biden administration's latest attempt to...

A new round of Americans have been banned from entering the country of Russia. First Lady Jill Biden and daughter Ashley top the list. Here’s who else was included and who was previously banned by the country. What Happened: In retaliation to new sanctions by the U.S. on Russia and...

Withstanding severe western trade sanctions against Kremlin, the Russian Ruble has hit a seven-year high against the U.S. dollar. What Happened: On Wednesday, the Ruble had hit 52.3 to the dollar — its most substantial level since May 2015. On Friday, it was trading at 53....

The United States and Europe are working on new sanctions against Russia over reports of committing mass killings of civilians in Ukraine, according to Reuters.   What Happened: This comes after haunting images of carnage emerged from Ukraine’s Bucha, a town near Kyiv. The...

Companies have pulled out of Russia in record numbers after the country invaded Ukraine. Russia is retaliating against some of the companies by looking the other way or ending patent protection on trademarks. Here’s the latest. There’s A New McDonald’s: A new trademark filing in...

Ukraine First Vice Prime Minister Mykhailo Fedorov requested in a Friday tweet that Tether — the operator of the Tether (CRYPTO: USDT) dollar-pegged stablecoin — and its CEO Paolo Ardoino put a stop on any transactions that involve Russia. Tether believes that no further...

An Economic World War III President Biden deserves credit for having so far avoided World War III. He has resisted calls to impose a no-fly zone over Ukraine, which would lead to war with Russia, and he has clearly signaled he has no intention of fighting Russia.  But Biden has, in...

With the Russian ruble sinking to fresh lows and global companies exiting the market, forecasts of a looming collapse of the $1.7 trillion Russian economy have grown since the Kremlin launched its military attacks on Ukraine less than two weeks ago. The Russian currency fell by more than...