What's happened
The US and EU have announced a new wave of sanctions on Russia in response to the invasion of Ukraine and the death of opposition leader Alexei Navalny.
Why it matters
The sanctions aim to hold Russia accountable for its actions and put pressure on President Putin's regime, impacting global geopolitics.
What the papers say
The US and EU are coordinating efforts to apply economic pressure on Russia, with the US focusing on financial tools and the EU targeting companies aiding Moscow. The effectiveness of the sanctions is debated, with some questioning their impact on Putin's ambitions and the resilience of Russia's economy.
How we got here
The sanctions come on the second anniversary of Russia's invasion of Ukraine, with the West aiming to escalate pressure on Russia following Navalny's death.
More on these topics
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Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. Covering an area of 17,125,200 square kilometres, it is the largest country in the world by area, spanning more than one-eighth of the Earth's in
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Alexei Anatolievich Navalny is a Russian politician and anti-corruption activist. He gained prominence in Russia, and in Russian and international media, as a critic of corruption, Russian President Vladimir Putin and his government.
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Ukraine is a country in Eastern Europe. It is the second-largest European country after Russia, which borders it to the east and northeast.
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Vladimir Vladimirovich Putin is a Russian politician and former intelligence officer who has served as President of Russia since 2012, previously holding the position from 1999 until 2008.
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The United States of America, commonly known as the United States or America, is a country mostly located in central North America, between Canada and Mexico.
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Joseph Robinette Biden Jr. is an American politician who is the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 and represented Delaware in the United States Senate
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Adewale "Wally" Adeyemo is the first president of the Obama Foundation. During the Obama Administration, Adeyemo served as Deputy National Security Advisor for International Economics from 2015 to 2016 and Deputy Director of the National Economic Council.
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The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.