Marketplace®

Daily business news and economic stories
  • The European Court of Justice, seen above in Luxembourg, recently ruled against a series of registers of true ownership, which are designed to prevent wealthy individuals from hiding their assets.
    John Thys/AFP via Getty Images

    Anti-money-laundering campaigners say that a recent decision by the European Court of Justice is a blow against financial transparency.

  • Musicians perform during a candlelight concert in Kyiv on Dec. 1. Despite the Russian onslaught, Ukrainian artists are doing what they can to keep their culture alive.
    Dimitar Dilkoff/AFP via Getty Images

    Actors, dancers, singers and theater producers in Ukraine say they are determined to protect their national identity from Russian aggression.

  • The war in Ukraine, one year on
    Photo by GENYA SAVILOV/AFP via Getty Images

    From the BBC World Service: One year on since the invasion of Ukraine, we ask what has been the cost to both Ukraine and Russia. We find out how the Russian economy has been able to withstand western sanctions, what brands remain, plus we hear how Ukraine could look to rebuild after the conflict

  • A year of war, and years of cyberwar, in Ukraine

    Cyberattacks play a role in Russia’s destructive campaign but haven’t been as aggressive as feared, according to Adam Meyers of CrowdStrike. However, Ukraine has suffered the largest number of “wiper” attacks ever recorded, experts say.

  • A year into the Ukraine war, global food insecurity is at a record high
    Roger Anis/Getty Images

    In many countries, including Egypt, staples like bread have become much more expensive and harder to come by.

  • So far, Russia sanctions get a C+ for effectiveness
    Andrea Bernardi/AFP via Getty Images

    Nearly a year on from Russia’s invasion of Ukraine, the sanctions regime imposed on Vladimir Putin’s regime by the West and its allies looks to be less effective than initially hoped. According to Brooke Harrington, a professor at Dartmouth, that’s been due in part to the difficulty of sanctioning assets that are being held in the nebulous world of international offshore wealth management. And, a look at what the potential ramifications of a U.S. debt default could be if the federal government fails to raise the nation’s debt ceiling. 

  • A new research paper on the topic suggests that sanctioning not oligarchs but their wealth managers would actually be even more effective.
    Sergei Supinsky/AFP via Getty Images

    A forthcoming paper on Russia’s economic sanctions finds they could go further by targeting oligarchs’ wealth managers.

  • How mobile apps continue to help many in Ukraine
    Dimitar Dilkoff/AFP via Getty Images

    Roman Osadchuk of the Atlantic Council says repurposed government apps have made a big difference for Ukrainians during Russia’s invasion.

  • A year on, Germany has cut its dependence on Russian gas
    Michele Tantussi/POOL/AFP via Getty Images

    Germany’s energy situation is much different than it was nearly a year ago when Russia invaded Ukraine — the country has effectively cut itself off from dependence on Russian natural gas. We look into the successful rapid transition. United Airlines announced the launch of a $100 million fund to back companies working on developing green jet fuel. Susan Schmidt, Head of Public Equity at the State of Wisconsin Investment Fund, walks us through yesterday’s market turmoil. And, the BBC reports on a Hong Kong scheme to give each resident a hefty stimulus payment. 

  • Officials visit a natural gas pipeline facility in Lubmin, northeastern Germany. Since invasion of Ukraine, the country has effectively weaned itself off of Russian natural gas.
    Odd Andersen/AFP via Getty Images

    A warm winter in Europe helped ease the transition.