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Opposition on the battlefront and worldwide economic sanctions are not the only challenges facing Russia in its invasion of Ukraine. It’s also dealing with a major demographic issue at home. The defeat in World War I gutted a whole generation of young men, which then was insufficient to repopulate in that generation. The following generation…
Talks between Iran and the United States over reviving the 2015 nuclear deal appear to have stalled after Tehran suggested there were new obstacles and Washington said hard issues remained. The Biden administration would likely lift some of the punishing sanctions on Iran if the deal was brought back. That task has been made more…
India’s defense ministry released a statement offering its side of the story on this week’s missile firing into Pakistan. According to the Friday statement, “in the course of a routine maintenance, a technical malfunction led to the accidental firing of a missile” on Wednesday. “The Government of India has taken a serious view and ordered…
Oil prices soared after Russia invaded Ukraine and hit their highest levels since 2008 but have pulled back a bit with hopes that some oil producing countries may act to increase supply. Fears about escalating bans on Russian oil persist, so the U.S. is reaching out to the largest producer in the Middle East: Saudi…
As Russia continues its invasion of Ukraine, world leaders have pushed back to punish Russia. President Biden announced Friday he is working with European Union and G-7 leaders to remove Russia from having Permanent Normal Trade Relations or Most Favored Nation status. “Revoking PNTR for Russia is going to make it harder for Russia to…
With Ukraine under Russian attack, people from all backgrounds are being called to take up arms. An unexpected army in the fight is the country’s many tech workers, battling on the front lines and with keyboards. Here are five prominent technology firms that originated from Ukraine in this week’s Five For Friday. #5: MacPaw Mac…
While a U.S. ban on Russia’s oil supply is drawing attention, we should not overlook the country’s position in the metals market, particularly nickel. Just this week, as the Ukraine invasion escalated, nickel prices tripled, and the London Metals Exchange cut off trading. Why in the world do nickel prices matter so much? Nickel is…
Russia’s threat of war helped fuel February’s inflation numbers, hitting a new 40-year high of 7.9%. The price spike doesn’t include the surge in gas prices and wheat seen in March since the start of the war, which has economists worried the worst could be yet to come. Energy, food and shelter are the largest…
Multiple world leaders condemned Russia for bombing a maternity hospital in Mariupol, Ukraine. The video above includes scenes from the Wednesday bombing, as well as some of the reaction from world leaders. The bombing killed three and wounded 17 others, including pregnant women, doctors and children. Russia’s Defense Ministry denied responsibility for the bombing Thursday.…
Pressure has been building on the Biden administration to begin loosening sanctions on Venezuela after President Nicolas Maduro freed two American prisoners and promised to resume negotiations with his opponents. The U.S. engagement comes as Venezuela’s financial lifeline to Russia is fraying under sanctions on Moscow following its bombardment of Ukraine. Venezuela has been under…
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