When Vladimir Putin announced the invasion of Ukraine, war seemed far away from Russian territory. Yet within days the conflict came home — not with cruise missiles and mortars but in the form of unprecedented and unexpectedly extensive volleys of sanctions by Western governments and economic punishment by corporations.

Three months after the Feb. 24 invasion, many ordinary Russians are reeling from those blows to their livelihoods and emotions. Moscow's vast shopping malls have turned into eerie expanses of shuttered storefronts once occupied by Western retailers.

Iran's President Ebrahim Raisi arrived in Oman on Monday with trade deals on the agenda and as international talks on Tehran's nuclear program hang in the balance.

Raisi, on his second Gulf visit since taking office in August, was greeted by Sultan Haitham bin Tareq at the airport and received a 21-gun salute at the royal palace, an Omani statement said.

Fearing visa hassles could cost him his job in Dubai while an economic collapse had dashed any homecoming options, Lebanese executive Jad splurged around $135,000 on a new citizenship for himself and his wife.

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin's demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European energy amid the war in Ukraine.

Finland is the latest country to lose the energy supply, which is used to generate electricity and power industry, after rejecting Russia's decree. Poland and Bulgaria were cut off late last month but had prepared for the loss of natural gas or are getting supplies from other countries.

The employees of state-run mobile network operators Alfa and touch began a strike on Friday morning, which resulted in the closure of all of the two companies’ stores and disrupted bill payment services and the distribution of recharge cards.

A technical malfunction also hit a key station in the Corniche el-Nahr area and was not repaired due to the strike.

Japan welcomes a new U.S. economic initiative for the Indo-Pacific that President Joe Biden is expected to roll out during a visit to Tokyo next week because it demonstrates American commitment to a regional economic order that is not just about market access, an official said Friday.

Biden is proposing the new Indo-Pacific Economic Framework, or IPEF, as an alternative to the Trans-Pacific Partnership which the United States dropped out of in 2017 under former President Donald Trump. Japan played a key role in bringing together the other 11 members of that pact, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app, part its effort to find new ways to make money beyond targeted advertisements on its other platforms, Facebook and Instagram.

Meta CEO Mark Zuckerberg on Thursday unveiled a developer tool, WhatsApp Cloud API, which will enable businesses to message and chat with their customers more easily.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it has designated Ahmad Jalal Reda Abdallah, a Lebanese businessman and Hizbullah “financial facilitator,” as well as five of his associates and eight of his companies in Lebanon and Iraq.

“This action illuminates Hizbullah’s modus operandi of using the cover of seemingly legitimate businesses to generate revenue and leverage commercial investments across a multitude of sectors to secretly fund Hizbullah and its terrorist activities. It also demonstrates how Hizbullah goes to great lengths to establish companies with opaque ownership structure in order to conceal their involvement in these businesses, and also their involvement in criminal activities such as altering of medication labels for black market pharmaceutical sales,” the Treasury said in a statement.

Wireless carriers in Canada won't be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government has said, joining allies in banning the giant Chinese technology company.

Canada had been the only member of the Five Eyes intelligence-pooling alliance not to bar or restrict use of equipment from Huawei Technologies Co. Ltd. in its 5G networks. The U.S. and the other members — Britain, Australia and New Zealand — previously banned Huawei.

Telecommunications Minister Johnny Corm on Thursday said Cabinet has a “last chance” to save the telecom sector from collapse in Friday’s session, warning that his resignation is on the table if no action is taken.

“If the decree of hiking telecom tariffs is not approved, do not hold me responsible. The elections are over and the issue no longer bears politicization. The failure to approve the tariff will affect citizens in a more negative manner and in the name of the Lebanese economy we are raising our voices,” Corm said at a press conference.