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How sanctions against Russian oligarchs work

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President Joe Biden delivers remarks on Russian invasion of Ukraine in the East Room of the White House on Feb. 24.

"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

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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?

by Matt Levin Feb 25, 2022
A relatively small team in the Treasury Department works with banks to ensure sanctions are followed.

Quiet dread coats daily life in NYC's Little Ukraine

by Kristin Schwab 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.

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

by Jennifer Pak Feb 25, 2022
The U.S. and China have been engaged in a trade war for nearly four years. What's the scorecard?

Why countries stockpile foreign cash

by Savannah Maher Feb 25, 2022
For one, foreign reserves help mitigate the effects of international sanctions.

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