Russia’s invasion of Ukraine comes at a global cost
In response to Russia’s invasion of Ukraine, President Joe Biden followed through with what he previously characterized as “swift and severe” sanctions.
People are seen outside the cordoned off area around the remains of a shell in a street in Kyiv on February 24, 2022. - Russian President Vladimir Putin announced a military operation in Ukraine on Thursday with explosions heard soon after across the country and its foreign minister warning a "full-scale invasion" was underway.
How will Biden’s additional sanctions affect the Russian economy?
by Kai Ryssdal and Richard Cunningham
Drew Angerer/Getty IMages
“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.
Why it’s tough to wean the West off Russian oil and gas
by Andy Uhler
Andrei Borodulin/AFP Getty Images
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.
"Every central banker's worst nightmare"
As Russia invades Ukraine, there’s a strong possibility that economic growth can sharply slow down while prices keep on growing. We hear from Harvard’s Megan Greene about “stagflation” and the war’s influence on the global economy.
Higher prices, more risk: How Russia’s war on Ukraine is likely to affect the global economy
by Mitchell Hartman
Zuzana Gogova/Getty Images
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.
Russia’s economic isolation has a long history
by Kai Ryssdal and Maria Hollenhorst
VITALY ARMAND/AFP via Getty Images
Once again, a professor of Russian history says, ordinary Russians will be “the ones who shoulder the daily burden.”
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