Political News & Social Views

Tag: Russia Sanctions

The ruble has bounced back. Are sanctions not working?

Barely a month after the West imposed heavy sanctions on Russia, the ruble has bounded back up against the US dollar, to levels last seen before the invasion of Ukraine. It prompts the question: Why isn’t the ruble feeling the pain? Are sanctions not working?

China Tells EU To Break Away From The US On Russian Sanctions, Will It Work?

Beijing has tried to create a rift between the EU and the U.S. by telling Brussels to pursue an “independent” policy toward the Russian-Ukraine war.

The Global Times, an English-language Chinese publication, noted how Beijing is encouraging EU leaders to take a “primary role for Ukrainian resolution.”