Jonathan Hackenbroich News Today

German chancellor, Olaf Scholz, is facing criticism for not meeting the expectations he created with his Zeitenwende speech. But how fair is this criticism?

The euro slumped to a five-year low on worries about energy security and a slowdown in European growth.

TodayHeadline A Wider Cutoff of Russian Gas Would Hit Europe’s Economy - The New York Times –

Europe’s economy would be hit by a wider cutoff of Russian gas

The European Commission insists that paying for gas in rubles ‘is a breach of our sanctions.’

Finnish custom officials had seized the art several days ago, but the Finns and European Union officials decided that art lent to museums for exhibit did not come under sanctions.

Economic sanctions have been used as a tool of war for centuries. In 17th- and 18th-century Europe, economic sanctions were frequently implemented by countries at war. They included prohibitions on trade, the closure of ports against enemies, and bans on trade in certain commodities. Economic sanctions continue to play an important role in the response ...

China faces growing economic and geopolitical risks from the intensifying war in Ukraine, as it attempts to preserve its relationship with Russia without alienating the West.

China faces growing economic and geopolitical risks from the intensifying war in Ukraine, as it attempts to preserve its relationship with Russia without alienating the West.

Russia’s war on Ukraine has prompted urgent changes in Italian foreign policy. Rome’s efforts to distance itself from Moscow are creating major challenges at home.