European Central Bank will raise interest rates in July for first time in 11 years
The European Central Bank will raise interest rates in July for the first time in 11 years, followed by another hike in September.
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Ukraine Forces Battle In ‘Dead Cities’
Between massive death and destruction, Ukrainian forces were still holding out in the eastern city of Severodonetsk despite being outnumbered by Russian forces, Ukraine’s president said.
Russia’s UN Envoy Clashes With EU Over Food
Russia’s United Nations ambassador angrily left a U.N. Security Council meeting as a European Union president blamed Russia’s invasion of Ukraine for worldwide food shortages.
Russian Foreign Minister Banned From Europe Airspace
Russia’s foreign minister said late Monday he had invited his Serbian counterpart to Moscow after three eastern European countries blocked his plane from traveling to Serbia.
Ukraine’s President: ‘Churches Burning, Cities Destroyed’
Ukrainian President Volodymyr Zelensky has urged Russia to “stop burning churches” and end attacks on his nation after a famed Orthodox Church was destroyed while explosions rocked the capital Kyiv, overshadowing Pentecost celebrations. Heavy street battles also raged in a strategic city in Ukraine’s east that Russian forces want to capture as part of an ongoing invasion.
EU Cancels Sanctions Against Russian Patriarch
The European Union canceled plans to impose sanctions against Russian Orthodox Church leader Patriarch Kirill after Hungary threatened to veto the bloc’s latest round of measures against Russia for its invasion of Ukraine.
Germany Train Crash Kills 4, Injures Dozens
German Chancellor Olaf Scholz has expressed shock after at least four people were killed and 30 more were injured Friday when a regional passenger train derailed in Bavaria’s alpine southern German state. He said his “sympathy was with families of the victims.”
Russia Warns It Could Strike US Over Rockets Deliveries To Ukraine
Moscow warned Wednesday that Washington’s decision to supply advanced rocket systems and munitions to Ukraine could lead to a direct military confrontation between Russia and the United States.
Eurozone hits 8.1% inflation as energy costs soar
Eurozone inflation hit a record 8.1% in May as energy and food costs surged partially due to the ongoing conflict between Russia and Ukraine.
EU Agrees To Block Most But Not All Russian Oil
European Union leaders say they will block most Russian oil imports by the end of 2022 to punish Moscow for invading Ukraine. But the EU embargo will only affect oil that arrives by sea following opposition from Hungary.
European Union agrees to ban most Russian oil imports
European Union President Charles Michel announced Monday that the EU will implement a partial ban on Russian oil, more than three months after Russian forces invaded Ukraine.
Israel renews gas exploration, expects export deal to Europe
Israel is renewing offshore natural gas exploration and hopes to reach an agreement soon for exporting gas to Europe, Israel’s energy minister said on Monday.
Erdogan Says Turkey Plans New Syrian Offensive, Won’t Seek U.S. Permission
Turkish President Recep Tayyip Erdogan said his country is still committed to driving Syrian Kurdish militias out of northern Syria and that Ankara will not wait for permission from the United States before launching any new offensive.
Battles Overshadow 25th Anniversary NATO-Russia Accord
Fighting ravaged eastern Ukraine on the 25th anniversary of an agreement between the NATO military alliance and Russia that helped ease East-West tensions after the Cold War.
Ukraine’s President Condemns Kissinger For Suggesting To Cede Territory
Ukrainian President Volodymyr Zelensky has condemned former U.S. secretary of state Henry Kissinger for suggesting Ukraine should cede territory to make peace with Russia.
Germany Defends Weapons Export To Ukraine
The German chancellor has defended Germany’s historic decision to supply weapons to a war zone, saying Russian leader Vladimir Putin should not win the war in Ukraine.
CEO: ‘Millions Of COVID Jabs Thrown Away’
The CEO of pharmaceutical and biotechnology giant Moderna says his firm has to “throw away” millions of doses of COVID-19 vaccines as “nobody wants them” amid worries about side effects.
Food Supplies Under Pressure As Ukraine Conflict Spreads
There are growing concerns over the impact the conflict in Ukraine could have on food supplies. Ukraine is a significant grain exporter, but clashes continue.
Hungary In State Of Emergency Over Ukraine War
Hungary’s hardline prime minister said his government had assumed emergency powers Tuesday in response to the war in Ukraine after his allies amended the constitution.
Expert: Monkeypox likely spread by sex at 2 raves in Europe
A leading adviser to the World Health Organization described the unprecedented outbreak of the rare disease monkeypox in developed countries as “a random event” that might be explained by risky sexual behavior at two recent mass events in Europe.