Published by Global Banking and Finance Review
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
U.S. sanctions on Russia increase pressure on Putin, says NATO's Rutte, as NATO continues supporting Ukraine.
LONDON (Reuters) -The new sanctions imposed by the United States on Russia will put more pressure on President Vladimir Putin, who is running out of money, troops and ideas, NATO chief Mark Rutte told reporters on Friday.
"Our support to Ukraine is working," Rutte said, adding that Putin is making marginal gains on the battlefield in Ukraine.
Rutte travelled to London to meet with leaders of the "Coalition of the Willing", a group of countries supporting Ukraine.
(Reporting by Inti Landauro and Sudip Kar-Gupta;Editing by Lili Bayer)
A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to widespread economic instability and loss of confidence in the financial system.
Foreign currency refers to the money that is used in other countries, which can be exchanged for the domestic currency at varying exchange rates.
NATO, or the North Atlantic Treaty Organization, is a military alliance of countries from North America and Europe, established for mutual defense against aggression.
Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
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