Economy

Why Cutting Russia off From Global Banking Will Bite the United States

The overuse of financial sanctions risks much of the world losing confidence in the dollar as the world’s reserve currency.

Biden Announces Ban on Imports of Russian Vodka, Seafood, and Diamonds, Moves to Revoke Favored Nation Status

On Friday, President Joe Biden announced a new wave of sanctions intended to “hold Russia accountable” in response to President Vladimir Putin’s military invasion of Ukraine.

Biden: Gas Prices Are ‘Going to Go up’, ‘Can’t Do Much’ About It

President Joe Biden says gas prices in America that are already at historical highs are going to continue to go up and that there’s not much that can be done about it at this time.

Joe Biden: We Can Beat Putin by Transforming Economy to Run On $56,000 Electric Cars

Joe Biden is again proving how out of touch he is with the average American by proclaiming that the U.S. can beat Russia by buying $56,000 electric cars to push his green obsession.

Winner and Losers in the Ukraine Crisis

Let’s examine winners and losers in the Ukraine crisis. Let’s start with the losers.

France’s Macron Calls Out Russophobia, Says He Still Has ‘Respect’ For Russian People

The French president called out what he considered to be a troubling trend of “Russophobia” amid the Russian invasion of Ukraine.

Did Biden Send Officials to Beg for Oil in Venezuela?

Remember when we were isolating Venezuela and its strongman, Nicolás Maduro? If it feels like only yesterday, that’s because it basically was.

China to Increase Military Spending in 2022

China is expected to increase spending on its defense budget in 2022.

Western Companies Are Happy To Cut Ties With Russia, But Stay Silent On Uyghur Genocide

Western businesses have exited Russia in droves since the country’s invasion of Ukraine, often citing humanitarian reasons as justification — yet many continue to maintain healthy relationships with China.

NY Comptroller Wants McDonald’s, Others to Pause Operations in Russia

New York Comptroller Thomas DiNapoli called on several major businesses to "pause" operations in Russia following the Kremlin's invasion of Ukraine.

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