Tag: Russian sanctions

US Fuel Prices Hit an All-Time High as Russian Sanctions Disrupt Energy Supply

American motorists are paying a record price at the gas pump this week, as the sanctions on Russia for its invasion of Ukraine disrupt global energy shipments and jack up the cost of energy. The national average price of a gallon of gas was $4.25 as of the morning of March 9, according to the…


Seizing The Property Of Russian Oligarchs: Guilt By Association?

Commentary The Western world is united in its response to the Russian invasion of Ukraine. Western countries, including the United States, the European Union, and the United Kingdom, have imposed a bevy of sanctions expected to hurt the Russian economy. One such sanction that lately received a great deal of media coverage is the seizure…


Another Round of American Companies to Leave Russia, Including McDonald’s, Which Will Close 850 Restaurants

Another round of American-based multinationals, including McDonald’s, Starbucks, Coca-Cola, and General Electric, have said that they were temporarily suspending business in Russia in response to the country’s invasion of Ukraine. Many international corporations have already ceased operations in Russia in protest of its invasion in Ukraine last month. Pressure has been mounting for two weeks on…


Hundreds Rally In Arizona to Protest Against ‘Russian Aggression’ in Ukraine

TUSCON, Ariz.—Maximilian Lautaire, 12, of Texas hugged the blue-and-yellow flag of Ukraine as if it were his own country’s banner. It was in a very personal sense the flag of his family heritage as several close relatives hail from Ukraine.  “My Mom was from Ukraine. My uncle and my aunt are also from Ukraine,” Lautaire…


London Stock Exchange Suspends More Trade In Russia Stocks, As Insurers Pull Coverage Over Ukraine

The London Stock Exchange (LSE) on Mar. 4, suspended trading on a second round of Russian stocks, because of continuing market deterioration and as some insurers withdrew coverage from exporters due to increasing sanctions over the Russian invasion of Ukraine. The LSE had earlier suspended trading on Mar. 3 for 27 Russian companies, to prevent investors…