Russian banks hobbled by sanctions

The Venezuelan government and the country’s opposition are close to reaching an agreement to transfer the central bank’s gold reserves, critics are scrutinising donations to UK Reform by crypto billionaires Ben Delo and Christopher Harborne, and Glencore has suspended one of its ...  Show more

The Federal Reserve has raised rates for the first time since 2023, and the EU has asked China to restrict exports of hybrid cars as part of a deal to prevent a trade war. Plus, AI has revolutionized warfare.Mentioned in this podcast:Federal Reserve defies Donald Trump with first ...  Show more

Events over the past week have brought Russia tantalizingly close to its first default on foreign debt since the Bolshevik Revolution more than a century ago. And why Poland's ambassador to the U.S. thinks there's no diplomatic path to end Russia's assault on Ukraine. See pcm.ads ...  Show more

Since Russia launched its full-scale invasion of Ukraine, it has been subject to thousands of sanctions from the West - but despite this, Russia’s economy is thriving. So how is the world’s most sanctioned country getting around them? And what does this tell us about how effectiv ...  Show more

It's been two years since Russia brought war to Ukraine. America, Britain and the European Union may not have intervened by putting boots on the ground—but they have launched a massive financial counteroffensive. Vladimir Putin’s government, his cronies and the businesses profiti ...  Show more

The US and EU are denying a handful of Russian banks access to SWIFT, a key tool in the global financial system. This episode was produced by Miles Bryan, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Noel King. Transcript at vo ...  Show more