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Is European resolve against Russia’s war beginning to soften?

May 31, 2022
The EU has just unveiled a punitive ban on oil imports from Russia — but the Ukrainian government is unimpressed.
The Ukrainian flag at the European Parliament building in Brussels. The European Union's ban on the majority of oil imports from Russia is too weak to satisfy Ukraine and some EU member nations.
François Walschaerts/AFP via Getty Images

Why the U.K. is threatening to tear up part of its Brexit treaty with the European Union

May 27, 2022
The British move to change unilaterally part of its withdrawal deal with the EU could trigger a trade war with the bloc.
The Brexit grace period is over for most nonfood products arriving in Northern Ireland from the British mainland, and a wide swathe of goods already has been squeezed out of the Northern Ireland market.
Dan Kitwood/Getty Images

How much has Putin’s war damaged Russia's economy?

May 2, 2022
As sanctions take their toll and Russia's leader writes off Western markets, analysts count the costs for the nation's people and businesses.
As Russia's war on Ukraine continues, ordinary Russians face economic burdens.
Natalia Kolesnikova/AFP via Getty Images

Russia cuts off gas exports to Poland and Bulgaria

Apr 27, 2022
The economic showdown between Russia and the EU enters a new phase
Russia's energy giant Gazprom exports gas to Poland and Bulgaria. As of today, the two countries are completely cut off.
Nikolay Doychinov/AFP via Getty Images

Victory for Le Pen in France's presidential election would have big repercussions for France — and the rest of the EU

Apr 22, 2022
The leader of France's far-right National Rally party has promised radical change if she wins the presidency.
Though opinion polls show a Marine Le Pen victory as unlikely, she was at one point only 3 percentage points behind President Emmanuel Macron.
Thomas Samson/AFP via Getty Images

What exactly is the SWIFT banking system?

Mar 3, 2022
It allows financial institutions around the world to communicate quickly and efficiently. Seven Russian banks are being banned from the system.
A view of Bank Rossiya's headquarters in St. Petersburg, Russia. Bank Rossiya is one of seven banks that have been barred from the SWIFT messaging system.
Olga Maltseva/AFP via Getty Images

Trump-era export tariffs are still rattling British steelmakers

Jan 19, 2022
President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.
Then-President Donald Trump poses with the 2018 steel import proclamation, which added a 25% tariff on imported steel. President Joe Biden has lifted the tariff for countries in the European Union but not for the United Kingdom.
Chip Somodevilla/Getty Images

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Outsider trading: A year after Brexit, how 5 small UK companies have fared

Jan 5, 2022
Small British exporters reflect on their first full year of doing business as non-EU members. How do they feel about Brexit now?
Scarves depict the British and European Union flags. Exporters in different industries have had varied experiences with the new conditions of cross-border trade.
John Thys/AFP via Getty Images

London’s financial center, “the City,” prepares for bigger global role after Brexit

Jul 28, 2021
Brits widen their horizons as hopes dwindle that the U.K. will have unfettered access to the EU's financial services market.
A pedestrian passes the skyscraper informally known as the Gherkin in London's financial district, which seeks to extend its international business ties.
Daniel Leal-Olivas/AFP via Getty Images

EU carbon tariff plan sparks controversy

Jul 19, 2021
The European Union proposes to impose tariffs on certain imports from countries deemed not to be seriously tackling climate change.
The EU is encountering pushback against a new plan to use trade policy to reduce carbon emissions in an effort to mitigate climate change.
Lukas Schulze via Getty Images