The falling ruble pushes up the price of imports, which make up over half the consumer basket.
Visiting Secretary General of the North Atlantic Treaty Organisation (NATO) Jens Stoltenberg has stressed diplomatic efforts to solve the ongoing Ukraine crisis.
Russia has built strong links to various governments in Latin America, especially authoritarian administrations in Cuba, Venezuela and Nicaragua, but its ties with Mexico are seen to be limited
Draghi sought to reassure Italians concerned about the rising security risks and spiraling energy prices stemming from the Russia-Ukraine military conflict
The Danish shipping giant Maersk decided to temporarily curtail operations in Russia, saying it is "deeply concerned by how the crisis keeps escalating in Ukraine."
Ukrainian President Volodymyr Zelensky on Monday signed an official appeal for the EU, asking for an accession of Ukraine via a new special procedure
These measures will be taken in response to anti-Russian sanctions by the US, other countries and international organisations, according to the decree.
The US closed its airspace to Russian planes as the Russian military attempted to encircle and subdue Ukrainian cities with intensifying bombardments on Wednesday, almost a week into the invasion
The development comes after Russia intensified military actions in Ukraine, with reports of major shelling in the city of Kharkiv in Eastern Ukraine.
Biden declared that he and all members of Congress, whatever political differences there may be, were joined with an unwavering resolve that freedom will always triumph over tyranny.
The Indian government is continuously evacuating students who were stranded in Ukraine via neighbouring countries
Palm oil has become the costliest among the four major edible oils for the first time
US nuclear power industry is pushing White House to allow uranium imports from Russia to continue despite the war in Ukraine, with cheap supplies of fuel seen as key to keeping electricity prices low
IMF, World Bank said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating crucial spillovers to other countries
Russia seeks to place temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor retreat driven by crippling Western sanctions imposed over Ukraine invasion
UEFA and FIFA have also barred Russia from international football until further notice.
The annual speech to Congress gave Biden a platform to highlight his agenda, reassure fretful Americans and seek to boost his sluggish poll numbers
The PM reiterated India's appeal for cessation of hostilities and a return to dialogue.
World Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva announced the support package for Ukraine in a joint IMF-World Bank Group statement on the War in Ukraine
As global sanctions against Moscow tighten, the United States is poised to ban Russian flights using American airspace, following similar moves by the European Union and Canada.