The Latest Breaking News from Russia

From soaring gas prices to another world war, economic sanctions can lead to dire unintended consequences

Western governments have united to bring in a number of serious economic sanctions against Russia in retaliation for its violence in Ukraine, including the latest announcement that the United States is revoking Russia’s “most favoured nation” status that will impose new trade tariffs. The moves were not a surprise.

The Conversation · Mar 11, 2022

Samantha Bee on Putin: ‘All of this suffering can be laid at the manicured feet of one deranged man-baby’

Late-night hosts discuss Ukrainian refugees, Russia’s struggling military, and Kim Kardashian’s controversial advice for women to succeed in business

The Guardian - US · Mar 11, 2022

23 Stocks That Have Sold Off Hard Since The Russia-Ukraine War Began

The S&P 500 is having a rough start to 2022, down 11.27% year to date. Since Russia invaded Ukraine on Feb. 24, the S&P 500 has fallen an additional 0.78%. Following are lists of sectors via Fidelity that have done well or poorly, as well as 23 of the most…

Benzinga · Mar 11, 2022

Two weeks into war, Russia’s economy has rarely fared worse than now

Two weeks into Russia’s invasion of Ukraine, the war has inflicted a domestic toll that’s already comparable to the worst downturns of President Vladimir Putin’s more than two decades in power.

Tribune News Service · Mar 11, 2022

Brazil Congress passes bill changing state fuel taxes; governors will try to block it

Brazil's lower house in the early hours of Friday passed a bill changing the calculation of the ICMS state tax levied on fuel, as it aims to curb price hikes after global oil quotes soared following Russia's invasion of Ukraine.

Reuters · Mar 11, 2022

10 More Major US Corporations Still Doing Business In Russia

The flow of U.S. companies exiting Russia has intensified as President Vladimir Putin’s military continues to lay waste to Ukraine.

Benzinga · Mar 11, 2022

Biden says U.S. will welcome Ukrainian refugees "with open arms"

The UN estimates that so far 2.5 million refugees have fled Ukraine since Russia launched its attack.

Axios · Mar 11, 2022

West’s weapons are seeing action in Ukraine – but it is unlikely to be enough

Analysis: Lack of heavy guns, tanks or jets leaves Ukrainians fighting uphill battle against Russia

The Guardian - UK · Mar 11, 2022

Third Russian general killed as Ukrainian resistance frustrates Putin’s forces, say Western officials

A third Russian major general has been killed as the Ukrainian resistance continues to frustrate Vladimir Putin's invasion, a western official said on Friday.

Evening Standard · Mar 11, 2022

Which companies aren’t exiting Russia? Big pharma

Even as the war in Ukraine has prompted an exodus of international companies — from fast-food chains and oil producers to luxury retailers — from Russia, U.S. and global drug companies said they would continue manufacturing and selling their products there.

Tribune News Service · Mar 11, 2022