A European region has no heating after Russian gas stops flowing via Ukraine. An energy supplier told families to gather in one room to stay warm.

Tech Insider : Economy, Politics, Business
Residents of the Transnistria region wait in line to vote during Moldova's second-round presidential election at a polling station in Costesti, northern Moldova.
Transnistria declared a state of emergency ahead of an anticipated halt in piped natural gas supplies from Russia.

Daniel Mihailescu/AFP/Getty Images

Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble

Tech Insider : Economy, Economy, Business
A close-up of Putin looking upward.
Russian President Vladimir Putin said there was no reason to panic about the ruble's slide.

REUTERS/Yves Herman

The West is trying to starve the wrong part of Russia's war machine, defense experts say

Tech Insider
Russian artillery fires at Ukrainian positions in the Artemovsk direction in late March.
Defense experts argue the West should sanction key materials and components needed for Russian artillery.

Russian Defense Ministry/Anadolu via Getty Images

Russia can rely on China for the yuan, but China can't rely on anyone else

Tech Insider : Economy, Economy
Russian President Vladimir Putin greets Chinese President Xi Jinping against a backdrop of China and Russia flags.
Chinese President Xi Jinping and Russian leader Vladimir Putin.

Contributor/Getty Images

Some Chinese banks are turning to document couriers to evade sanctions on Russia and keep trade moving: Reuters

Tech Insider : Economy, Economy
Vladimir Putin and Xi Jinping talking.
Trade between Russia and China is worth hundreds of billions of dollars.

Sergei Savostyanov/Pool/AFP/Getty Images

Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says

Tech Insider : Economy, Economy
Vladimir Putin.
Russia is having a harder time doing business globally with new sanctions.

Sergei Guneyev/Pool/AFP via Getty Images

Russia's economy is still raking it in, but many billions of dollars are stranded overseas

Tech Insider : Economy, Economy
Russian President Vladimir Putin seated behind a mike.
Russia's money stuck overseas has a knock-on effect for domestic businesses.

Getty Images

Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.

Tech Insider : Economy, Economy
Xi/Putin
Bartering could help Russia skirt sanctions.

Sergei Guneyev/AFP via Getty Images

Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.

Tech Insider : Economy, Politics, Economy
Russian President Vladimir Putin at a table with a Russian presidential flag behind him.
Russian President Vladimir Putin.

Gavriil Grigorov/Pool/AFP/Getty Images

China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned

Tech Insider : Economy, Economy
Russian President Vladimir Putin and Chinese President Xi Jinping side half-body shot against country flags.
Russian President Vladimir Putin and Chinese President Xi Jinping.

Getty Images

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