How sanctions against Russian oligarchs work
Feb 25, 2022

How sanctions against Russian oligarchs work

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Plus, a look at Putin's vast currency reserves and the quiet dread gripping New York City's Little Ukraine.

Segments From this episode

The Weekly Wrap

Kai Ryssdal speaks with the New York Times’ Ana Swanson and the Washington Post’s Heather Long about supply shocks, how Russia’s invasion of Ukraine might impact the global economy, the inflation-managing challenges facing the Federal Reserve.

How do sanctions against Russian oligarchs actually work?

Feb 25, 2022
A relatively small team in the Treasury Department works with banks to ensure sanctions are followed.
"These are people who personally gained from the Kremlin’s policies, and they should share in the pain," President Joe Biden said of sanctions aimed at Russian oligarchs.
Drew Angerer/Getty Images

Quiet dread coats daily life in NYC's Little Ukraine

Feb 25, 2022
"I mean, we’re a small community here, but most everybody can identify with Ukraine to some extent," said the owner of Veselka, a popular restaurant.
At Little Ukraine's popular restaurant Veselka, people have been seeking comfort and community.
Angela Weiss/AFP via Getty Images

What has the U.S.-China trade war achieved?

Feb 25, 2022
The U.S. and China have been engaged in a trade war for nearly four years. What's the scorecard?
Johannes Eisele/AFP via Getty Images

Why countries stockpile foreign cash

Feb 25, 2022
For one, foreign reserves help mitigate the effects of international sanctions.
Russia is about to put a "hefty" stockpile of foreign reserves to the test.
Pornchai Kittiwongsakul/AFP via Getty Images

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer