The Latest Breaking News from Liam Peach

What could Trump’s ‘second phase’ of sanctions against Russia involve?

Trump on Sunday signalled he may finally escalate sanctions on Moscow or its oil buyers

The Independent UK · Sep 8, 2025

What have three years of Putin’s war done to both nations’ economies?

As the invasion enters its fourth year, analysts are examining the health of Ukraine and Russia, and who will be the better prospect for investors once the conflict ends. The answers are not as predictable as one might think

The Guardian - UK · Feb 22, 2025

Turkish Inflation Exceeds 75% But Peak In Sight

Turkey has been battling soaring consumer prices that prompted Erdogan to drop his opposition to interest-rate hikes to combat inflation.

International Business Times · Jun 3, 2024

Russia Fails to Pay Debt but Denies Default

Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive. The announcement came on the 124th day of Russia's military intervention in Ukraine, with Western sanctions so…

Asharq Al-Awsat · Jun 28, 2022

How EU energy firms plan to pay for Russian gas without breaking the law

Germany, Hungary and others are devising ways they can use roubles to pay Gazprom and not be in breach of sanctions

The Guardian - UK · Apr 28, 2022

Russia heading for worst recession since end of cold war, says UK

Central bank makes surprise cut to interest rates as inflation soars under pressure from war sanctions

The Guardian - UK · Apr 8, 2022

Sanctions threaten Russia with banking collapse and drastic drop in living standards, undermining Putin’s power

Public protests have taken place in Russia and these could broaden if the war is not successful, casualties mount and ordinary citizens face extreme hardship

The Independent UK · Feb 28, 2022