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.…

New revelations about an alleged Iranian attempt to assassinate former national security advisor John Bolton are likely to derail efforts to revive a 2015 nuclear deal with Iran. According to the Washington Examiner, the Justice Department possesses “indictable evidence” showing that at least two Iranians have been plotting to kill Bolton. This is part of an…

A top official at the State Department said Tuesday she was surprised when Poland announced a plan to supply Ukraine with fighter jets in its fight against Russia’s invasion. The plan, announced Tuesday, involved Poland sending all of its MIG-29 jets to a U.S. military base in Germany. “I saw that announcement by the government…

Gasoline prices are pushing further north of $4 per gallon as President Joe Biden announced the U.S. will ban all Russian oil imports in retaliation for the country’s invasion of Ukraine. Even before the invasion, inflation, at its highest level in decades, had become the top issue on the minds of voters ahead of elections this…

President Joe Biden has signed an executive order directing the Treasury Department to study the impact of cryptocurrency on financial stability and national security. The order also urges the Federal Reserve to explore whether the central bank should create its own digital currency. According to a White House fact sheet on the order, it outlines “the…

It’s been an incredible turnaround in recent weeks for Ukraine President Volodymyr Zelenskyy. Once a maligned politician accused of corruption and incompetence, he has seen his global image completely overhauled as he has stood firm in the public eye while Russia invaded his country. His refusal to leave Ukraine, despite several reported assassination attempts, has…

The number of people fleeing Ukraine since the Russian invasion began has now reached 2.1-2.2 million people, according to the head of the United Nation’s refugee agency UNHCR. Their native country has turned into a deadly battlefield. After the invasion, several Ukrainian women and children began to flee to nearby countries for safety and a…

President Joe Biden announced a ban on Russian oil imports in response to Russia’s invasion of Ukraine. In a Tuesday speech, President Biden said the goal of the ban is to target “the main artery of Russia’s economy” and “deal another powerful blow to Putin’s war machine.” “This is a move that has strong bipartisan…