Ukraine finance minister: sanctions came too late

Mar 4, 2022
Ukraine's finance minister calls for more "severe" Western sanctions against Russia, warning time is of the essence.
Ukraine’s Finance Minister Sergii Marchenko during an interview in Kiev, Ukraine, on Feb. 3, 2021.
Bogdan Datsiyuk/Anadolu Agency via Getty Images

What would Europe do if Russia cuts off natural gas?

Unpacking Europe's reliance on Russian energy — and the risks that now carries.
A natural gas line runs through the country side on March 11, 2015 outside Donetsk, Ukraine.
Andrew Burton/Getty Images

Humanitarian aid to Ukraine takes many forms

Mar 1, 2022
The U.N. estimates that between 3 million and 5 million people could be displaced in the coming months.
Volunteers of a humanitarian center sort clothes donated for evacuees in the western Ukrainian city of Lviv on Feb. 27, 2022.

Germany turns tough toward Russia over Ukraine invasion

Feb 28, 2022
Germany dropped its opposition to some tough new sanctions against Russia and is now stepping up spending on defense.
German Chancellor Olaf Scholz, seen above, announced 
a sharp increase in military spending on Sunday.
Clemens Bilan/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 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

For public good, not for profit.

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

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

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