The limits of economic sanctions against Russia are showing

Leaked documents show Russia could fund another year of war with Ukraine despite a whole lot of U.S. sanctions designed to throw a wrench in the Russian economy. Plus, diesel prices are half what they were a year ago. We’ll get into why gas prices are falling and what it signals about the direction of the economy. And, to keep or not to keep butter in the fridge?

Here’s everything we talked about today:

• • “Russia can fund war in Ukraine for another year despite sanctions, leaked document says” from The Washington Post

• • “Sliding Diesel Prices Signal Warning for U.S. Economy” from The Wall Street Journal

• • “Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy” from Bloomberg

• • “Fed’s Powell spoke with prankster posing as Ukraine’s Zelenskyy” from Politico

• • “The Battle Over Refrigerating Butter: ‘Enough Is Enough’” from The Wall Street Journal

• • “Ya Ya, Panda at Center of Anti-American Rage in China, Is Heading Home” from Newsweek

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