BRUSSELS -- The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a ...

The 27 EU member states have agreed an 18th sanctions package targeting Russia for invading Ukraine after being blocked for ...

The war’s impact has dampened the outlook for global economic growth, which fell below the two-decade average of 3.8% based on the annual World Economic Outlook to 3.4% in 2022 and is expected ...

The Organization for Economic Cooperation and Development (OECD) says Russia's war in Ukraine, now in its eighth month, will have a greater impact on the global economy than previously expected.

Russia’s attack on Ukraine Wednesday means the conflict will take a bigger toll than believed on the U.S. economy as it drives oil prices and inflation higher and intensifies supply chain snarls.

Russia is set to lose yet another source of income for its war chest in days — and it's Ukraine calling the shots. An ...

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to ...

Feb. 15 (UPI) --Europe is facing strong economic headwinds. Record inflation, the need to recover from the pandemic, and a divided response to Russian troop deployments along the Ukraine border ...

Russia’s Ukraine invasion could be a global economic ‘game changer’ Soaring gas prices and rapidly shifting trade decisions suggest events of the past two weeks will be felt everywhere for years ...

Russia will turn on the ruble “printing press” to cope with its first economic slowdown since the February 2022 start of its ...

Impact on the Russian Economy. According to Elina Ribakova, deputy chief economist at the Institute of International Finance, "We are looking at a double-digit economic contraction already" in Russia.

A potential Russian invasion of Ukraine could negatively impact the pocketbooks of average Americans, who are already facing higher prices and rising inflation. Moscow’s saber-rattling has led ...