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Ukraine’s finance minister calls for more “severe” Western sanctions against Russia, warning time is of the essence.
Unpacking Europe’s reliance on Russian energy — and the risks that now carries.
The U.N. estimates that between 3 million and 5 million people could be displaced in the coming months.
Germany dropped its opposition to some tough new sanctions against Russia and is now stepping up spending on defense.
“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.
The Black Sea region is a major hub for both Ukraine and Russia.
Once again, a professor of Russian history says, ordinary Russians will be “the ones who shoulder the daily burden.”
“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.
Europe is trying to pivot away from coal and crude oil, and has limited capacity for liquified natural gas.
Together, Russia and Ukraine supply a large part the world’s wheat and corn exports.