U.S. Sen. Ron Johnson (R-Wis.), member of the Senate Foreign Relations Committee, released the following statement regarding Russia’s ongoing invasion of Ukraine: “Weakness tempts tyrants and totalitarians to seek more power. People who only want to live in peace suffer the consequences. Ultimately, there is only one group of people responsible for the tragedies unfolding … Continued
Russia’s overnight assault on Ukraine triggered a surge of calls Thursday for Western allies to completely cut Russia off from the global financial system, but fear of collateral damage is quashing the idea for now. U.K. Prime Minister Boris Johnson, at a virtual meeting of leaders from the Group of Seven largest economies, advocated disconnecting Russia from Swift, the financial-messaging … Continued
The U.S. and its allies are expected to impose major new sanctions on Russia — punishing Vladimir Putin for ordering a full-scale invasion of Ukraine but stopping short of targeting some critical sectors of his nation’s economy. Two people familiar with the plans, including a senior administration official, said Russian energy giant Rosneft is not … Continued
U.S. stocks plummeted and oil prices jumped Thursday as Russia invaded Ukraine, causing unease in the global economy. The Dow Jones was down 831 points, or 2.5%, in early trading while S&P 500 dropped 2.1%, and Nasdaq 100 was down 1.8%. The Brent Crude oil index, a global benchmark, reached $105 per barrel by early … Continued
President Biden late Wednesday condemned an “unprovoked and unjustified attack” by Russia following reports of explosions in Ukraine and a bellicose speech by Russian President Vladimir Putin ordering a wider war against Moscow’s smaller neighbor. “President Putin has chosen a premeditated war that will bring a catastrophic loss of life and human suffering,” Mr. Biden said in a statement. “Russia alone is responsible for … Continued
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