Economic Sanctions

Patrick J. Buchanan

Opinion: Will Putin Submit to US-Imposed ‘Weakening’? – Patrick Buchanan

“Once war is forced upon us, there is no alternative than to apply every available means to bring it to a swift end. War’s very object is victory — not prolonged indecision.” So said Gen. Douglas MacArthur in his April 1951 address to Congress after being fired by President Harry Truman as commander in chief


Sanctions hit Russian economy, although Putin says otherwise

Photo: People walk past a currency exchange office screen displaying the exchange rates of U.S. Dollar and Euro to Russian Rubles in Moscow’s downtown Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can claim some symbolic victories, the full impact


S&P downgrade indicates Russia headed for historic default

The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt, signaling rising prospects that Moscow will soon default on external loans for the first time in more than a century. S&P Global Ratings issued the downgrade to “selective default” late Friday after Russia arranged to make foreign

Automobile industry

Russia war could further escalate auto prices and shortages

BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has struggled with a disastrous shortage of computer chips and other vital parts that has shrunk production, slowed


Russian space chief: Sanctions could imperil space station

Photo: In this image taken from video footage released by the Roscosmos Space Agency, the Soyuz MS-21 space ship, right, approaches the International Space Station, ISS, during docking to the station, Friday, March 18, 2022 The head of Russia’s space program said Saturday that the future of the International Space Station hangs in the balance


Opinion: When Gasoline Prices Rise, Politicians Get Predictable – Inside Sources

What is it about oil price spikes that befuddle politicians? This is especially true of Democrats, but Republicans, too, have had moments of confusion about oil. In fact, Republican president Richard Nixon was, when it came to energy, very confused. Most notably, he didn’t realize that his own policies were responsible for many of the bad

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