Sanctions Against Russia: News

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Ukraine's economy shrinks as Russia continues bombing businesses

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

Washington will give Ukraine's next ambassador little time to learn

Ukraine has just lost almost a year in Washington that it could not have afforded to lose. Olha Stefanishyna arrived and departed as Ukraine's ambassador to the United States within that year. Her departure came amid renewed scrutiny from Ukrainian anti-corruption authorities over allegations of illicit enrichment and false asset declarations, which she denies. Yet the reputational risk was not unforeseeable. Questions surrounding Stefanishyna and corruption investigations were already part of

About Sanctions against Russia

Sanctions against Russia include over 15,000 individual and entity designations imposed by Western countries following the full-scale invasion launched in February 2022. Measures target Russia's central bank, energy sector, technology imports, financial institutions, and individuals supporting the war. The European Union, United States, United Kingdom, and allies continue to coordinate sanctions.

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