Sanctions

Even with unprecedented sanctions imposed on Russia, experts say Putin won't run out of war funds anytime soon due to oil revenue.

The Russian president told ministers that unemployment was low and inflation had stabilized.

Biden had pledged to make the Saudi Crown Prince a "pariah." Now, he's preparing to meet him, hoping to bring surging gas prices down.

Russia's foreign minister Sergei Lavrov said Saturday that the country has "alternative sales markets" for oil exports "where we are already increasing sales."

News outlet Agentstvo reported the Russian president has not made any unprompted reference to the war.

High-profile resignations and a report that Russian elites are displeased with the Russian president point to waning support for Putin's war.

The new sanctions aim to "further tighten and enforce existing sanctions" by pinpointing yachts in which "sanctioned Russian elites maintain interests."

According to one estimate, Russia is spending about 21 billion rubles—or more than $330 million—a day on the war in Ukraine.

In a Saturday assessment, the Institute for the Study of War said that there is "eroding military professionalism" within the leadership of Russia's forces.

A Russian military court assessed Wednesday that the sacking of 115 servicemembers was justified after troops decided to return to their base instead.

Texas Senator Ted Cruz was one of the 30 lawmakers who signed a September 2021 letter to the White House pushing for an end to the ammunition ban.

"This would not be the first time Moscow has launched an ambitious military adventure...only to find itself outmatched and humiliated," Anders Aslund warned.

Vladimir Putin's invasion has removed Russia from a seat at the top international table.

A waiver allowing Russia to still make bond payments despite Western sanctions expired today, leaving Moscow exposed to a looming default.

The U.S. president said the sanctions on Russia serve as a warning to China about what would happen if it tries to take Taiwan by force.

A preliminary Russian assessment shows that GDP rose 3.5 percent in the first quarter of 2022, compared with the same period last year.

Turkey has since become a safe haven for Russian oligarchs as the nation has yet to impose its own sanctions against Moscow for its ongoing invasion of Ukraine.

"He wasn't believing history. He wasn't logical," Canada's ambassador to Ukraine Larisa Galadza said Sunday about the Russian president.

British Foreign Secretary Liz Truss urged fellow Western leaders to "go further and faster" in support of Ukraine.

"We are exposing and targeting the shady network propping up Putin's luxury lifestyle and tightening the vice on his inner circle," Liz Truss, the UK foreign secretary, said.

The Russian president said that his country was "confidently managing in the face of external challenges."

Ulyukayev was freed after serving five years of an eight-year sentence for bribery.

None were known to be outwardly critical of Russian President Vladimir Putin's war in Ukraine, and none were included on sweeping lists of sanctions.

An official with the Department of Defense said economic sanctions were "having a bite" on Russia's ability to replace stocks in its defense industrial base.

In California, the cost per gallon hit $5.829 on May 9.

"This yacht seizure should tell every corrupt Russian oligarch that they cannot hide," Deputy U.S. Attorney General Lisa O. Monaco.

Mikhail Fridman, one of Russia's richest men, was recently the target of sanctions from the European Union.

A document described Patriarch Kirill as "one of the most prominent supporters of the Russian military aggression against Ukraine."

Russia will prohibit the export of products and raw materials "to foreign individuals and legal entities" that it has sanctioned.

The free enterprise system, led by American businesses, has done more to rout Vladimir Putin's reckless power grab than the bloated and increasingly irrelevant U.N.