The countdown is on- we need to raise $200,000- help us reach our goal by tomorrow. Donate Now

What does Ukraine suspending port operations mean for trade?

Feb 25, 2022
The Black Sea region is a major hub for both Ukraine and Russia.
A man sits fishing on the quay in Ukrainian Black Sea city of Odessa on Feb. 21. The Black Sea is a major trade area for both Russia and Ukraine.
Oleksandr Gimanov/AFP via Getty Images

Russia’s economic isolation has a long history

Feb 24, 2022
Once again, a professor of Russian history says, ordinary Russians will be "the ones who shoulder the daily burden."
“Russia, of course, has a very long history of being excluded from the world economy,” said Kristy Ironside, an assistant professor of Russian history at McGill University. Above, Soviet citizens pass by homeless and hunger strikers in Moscow in 1990.
VITALY ARMAND/AFP via Getty Images

Why it's tough to wean the West off Russian oil and gas

Feb 24, 2022
For 15 years the EU has been talking about decreasing its dependence on Russia's gas and oil, but it didn't do it intime.
Russia is the main supplier of natural gas and oil to the European Union. Above, oil tank cars on rail tracks near the Siberian town of Tobolsk.
Andrei Borodulin/AFP Getty Images

How will Biden's additional sanctions affect the Russian economy?

Feb 24, 2022
"So long as Putin continues to be president of Russia, Russia will not be able to benefit from the global economy," said the Atlantic Council's Eddie Fishman.
President Joe Biden announced additional sanctions against Russia on Thursday following its invasion of Ukraine. This follows a tranche of sanctions earlier this week.
Drew Angerer/Getty IMages

Higher prices, more risk: How Russia's war on Ukraine is likely to affect the global economy

Feb 24, 2022
The invasion has introduced a lot of unknowns for global trade, financial markets and national economies. It's also a blow to the pandemic recovery.
People carrying bags walk on a street in Ubla, Slovakia, after crossing the Slovak-Ukrainian border on Feb. 24. Russia began a large-scale attack on Ukraine overnight, with explosions reported in several cities and outside the regions held by Russian-backed rebels.
Zuzana Gogova/Getty Images

Cybersecurity to take center stage as conflict continues in Ukraine

Feb 24, 2022
Ukraine had encountered cyberattacks to its infrastructure in the weeks leading up to the invasion.
Kirill Kudryavtsev/AFP via Getty Images

What does hitting pause on the Nord Stream 2 pipeline mean for Europe's energy supply?

Feb 23, 2022
Europe is trying to pivot away from coal and crude oil, and has limited capacity for liquified natural gas.
Workers building a section of the wall of the Nord Stream 2.
Carsten Koall/Getty Images

For public good, not for profit.

Support fact-based, independent journalism with a gift to Marketplace today.

Sanctions on Russia could be costly for Western economies

Feb 22, 2022
Russia, a major energy producer, could use oil and gas supplies as a political weapon against the governments of its customers.
A receiving station in Germany for Nord Stream 2, a natural gas line that would link Germany with Russia.
John MacDougall/ AFP Getty Images

Ukraine conflict could push grain prices higher worldwide

Feb 22, 2022
Together, Russia and Ukraine supply a large part the world's wheat and corn exports.
A wheat field in Russia, which supplies a large share of global wheat exports. Agricultural  markets could be disrupted by war, along with commerce in energy.
Kirill Kudryavtsev/AFP via Getty Images