Treasury Aims for Economic Pain on Russia, but Critics Question Effectiveness: Alan Rappeport, NY Times, Apr. 8, 2022
New Sanctions Add Pressure on Russia but Don’t Shut Off Business; Patricia Kowsmann, WSJ, Apr. 8, 2022
Rocketing Prices Test Europe’s Political Resolve in Confrontation with Russia: Paul Hannon and Eric Sylvers, WSJ, Apr. 12, 2022
Russian Tech Industry Faces ‘Brain Drain’ as Workers Flee: Cade Metz and Adam Satariano, NY Times, Apr. 13, 2022
For Further Reference:
Rocketing Prices Test Europe’s Political Resolve in Confrontation with Russia: Paul Hannon and Eric Sylvers, WSJ, Apr. 12, 2022 — Surging food and fuel prices following Russia’s invasion of Ukraine are fuelling discontent across Europe, testing Western democracies’ political resilience.
‘Russia Is Half of Our Business.’ Or It Was.: Liz Alderman, NY Times, Apr. 5, 2022 — The shoes, 600 pairs in all, lay untouched inside an Italian warehouse: magenta sandals, décolleté heels and gold ballerina flats, destined for Russian boutiques but stuck in a limbo of sanctions and economic upheaval from Russia’s war in Ukraine.
Higher Food Prices from Ukraine War Will Push Up To 47 Million People Into Acute Hunger, UN Says: Geoffrey York, The Globe and Mail, Apr. 8, 2022 — Carine Aimée Kamdem, who sells chickens in a market in Cameroon’s port city of Douala, had to make a hard choice this month.
Mocked as ‘Rubble’ by Biden, Russia’s Ruble Roars Back: Sydney Maki, Bloomberg News, Apr. 6, 2022 — In the days after the Ukraine war began, the ruble’s collapse was a potent symbol of Russia’s newfound financial isolation.
Ukraine War Drives Food Prices to Record High: Alistair MacDonald and Patrick Thomas, WSJ, Apr. 8, 2022 — Global food prices hit a new record high in March, the United Nations said Friday, as the war in Ukraine threatens food shortages in some of the world’s poorest countries and deeper inflation challenges for Western food manufacturers.
