by Jennifer Shutt, Virginia Mercury April 22, 2022 WASHINGTON — President Joe Biden is preparing to ask Congress for billions more in aid to Ukraine as the war shifts to the Eastern regions of the country, following Russia’s failure to take the capital city of Kyiv. “I’m asking the Defense …
Read More »Consumer Prices Rose To 8.5 Percent In March, Highest Since 1981,
Consumer prices in the United States rose 8.5 percent in March compared to a year prior, the biggest increase since late 1981, the Labor Department reported Tuesday. The report was the first to encompass the surge in gas prices driven by Russia’s invasion of Ukraine, which drove up energy prices …
Read More »Congress Votes To Suspend Normal Trade Relations With Russia
by Jennifer Shutt, Georgia Recorder April 8, 2022 WASHINGTON — The U.S. Congress last week voted overwhelmingly to suspend normal trade relations with Russia and reinforce a ban on Russian oil imports, following weeks of back-and-forth negotiations over the specifics. Senators in a pair of rare 100-0 votes agreed to …
Read More »U.S. Sanctions Russia’s Largest Bank, Putin’s Daughters
In a new round of sanctions, the United States has banned American investments in Russia, imposed penalties on family members of Vladimir Putin and other top Russian officials and tightened restrictions on Sberbank, the country’s largest financial institution. The sanctions also target Alfa Bank, Russia’s largest privately-owned financial institution. The …
Read More »Ukrainian President Zelenskyy Accuses Russia Of ‘Genocide’
Ukrainian President Volodymyr Zelenskyy has accused Russian forces of committing “genocide” near the capital, Kyiv. Russia denied the allegations. What are believed to be the bodies of civilians were found when reporters from Reuters and other journalists entered the town of Bucha, northwest of Kyiv, after Russian forces withdrew. “This …
Read More »Biden on Putin: ‘For God’s sake, this man cannot remain in power’
President Joe Biden said Russian President Vladimir Putin must not remain in power on Saturday, as he delivered a major speech in Warsaw, Poland, rallying European allies for a “long-haul” resistance to Russian aggression. “For God’s sake, this man cannot remain in power,” Biden said of Putin, in his strongest …
Read More »U.S. To Accept 100,000 Ukrainian Refugees, Provide Humanitarian Aid
The United States will accept up to 100,000 Ukrainian refugees fleeing their country in the month since the invasion by Russia. The U.S. will also provide an extra $1 billion in humanitarian aid to those impacted by the war, the White House said Thursday. “The United States is announcing plans …
Read More »House Votes To Revoke Normal Trade Relations With Russia, Belarus; 8 Republicans Vote No
by Jennifer Shutt, Idaho Capital Sun March 17, 2022 WASHINGTON — The U.S. House voted overwhelmingly Thursday to revoke normal trade relations with Russia and Belarus, another step the federal government hopes will end the Russian war in Ukraine. The 424-8 vote sends the measure, which refers to Russian President …
Read More »Zelensky Invokes Pearl Harbor, 9/11; Pleads For U.S. Help In Ukraine
by Jennifer Shutt, Idaho Capital Sun March 16, 2022 WASHINGTON — Ukrainian President Volodymyr Zelensky on Wednesday invoked the Pearl Harbor attacks ahead of World War II and the 9/11 terrorist attacks, while urging the United States to do more to stop the Russian war against his country. During the …
Read More »List: Major Companies Halting Business In Russia
Russia’s invasion of Ukraine has drawn criticism from across the globe, both from governments and private companies. While many world powers have leveled sanctions against Russia with massive economic consequences for the country, private businesses are also pulling out of Russian markets to signal their opposition to the war. Here …
Read More »Biden Moves To Suspend Trade Relations With Russia
by Jennifer Shutt, Missouri Independent March 11, 2022 WASHINGTON — President Joe Biden on Friday announced a new round of sanctions on Russia by the United States, as well as countries within the European Union and the Group of Seven nations. The latest round of joint economic restrictions will revoke Russia’s …
Read More »Russian Energy Ban Passed By House
The House passed legislation late Wednesday that aims to ban Russian energy imports to the U.S. and give the president greater authority to sanction the Kremlin over the Russian invasion of Ukraine. The Suspending Energy Imports from Russia Act, which passed the House with a strong bipartisan vote of 414-17, would …
Read More »Biden Declares U.S. Ban On Russian Oil, Warns Of Gasoline Price Spikes
by Jennifer Shutt, Missouri Independent March 8, 2022 WASHINGTON — The United States will no longer import Russian energy in an attempt to further cripple that nation’s economy as it wages war against Ukraine. President Joe Biden announced the newest sanctions Tuesday from the White House, saying that a ban …
Read More »National Average Price Of Gas Hits $4 For First Time Since 2008
The national average price of gas in the U.S. broke the all-time record Monday, at $4.104 per gallon. The average price rose 49.1 cents per gallon from a week ago, according to GasBuddy. The previous record of $4.103 per gallon was set in 2008. This is the 10th week in …
Read More »Visa and Mastercard Suspend Operations In Russia
Visa and Mastercard are suspending operations in Russia, the companies announced Saturday, citing the country’s ongoing invasion of Ukraine. According to a press statement, Visa will begin working to discontinue transactions in Russia, but it will take a few days. Mastercard said it would suspend all its network services in …
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