Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.
President Joe Biden said Wednesday that the U.S. will significantly increase its military presence in Europe for the long haul, including by establishing its first permanent presence in Poland, to bolster regional security after Russia’s invasion of Ukraine.
Russian President Vladimir Putin woke up Wednesday with a nearly expanded NATO at Russia’s borders after Turkey lifted its objections for Finland and Sweden to join the defense bloc.
Ukrainian President Volodymyr Zelensky has urged the Group of Seven (G7) strongest economies to help him end the war against Russia by the end of the year. Zelensky spoke as Russia fired missiles at the capital Kyiv and other cities, killing and injuring many.
NATO will significantly increase the number of forces on high alert to over 300,000 from 40,000 as part of the biggest overhaul of the alliance’s defenses since the Cold War.
Russia defaulted on its foreign-currency sovereign debt for the first time in more than a century after failing to make two payments by the Sunday night deadline.
A Russian missile strike hit a crowded shopping center in Ukraine’s central city of Kremenchuk, with over 1,000 civilians inside, Ukraine’s president said Monday.
Ukraine’s President Volodymyr Zelensky was to address the Group of Seven (G7) wealthy nations on Monday after Russian missile strikes on the capital Kyiv and other areas killed at least one person and injured many more.
U.S. President Joe Biden says the United States and other Group of Seven (G7) countries will ban imports of gold from Russia to undercut its financing of Moscow’s war in Ukraine.
Ukraine’s strategic city of Severodonetsk has fallen into the hands of Russia after weeks of encirclement by the Russian military, both sides confirmed Saturday.
Russia says it wants to develop a new global reserve currency with China and “other BRICS nations,” in a significant challenge to the dominance of the U.S. dollar.
Ukraine’s outgunned troops began withdrawing Friday from Severodonetsk, the embattled eastern city that is a focus of Russia’s war effort, a local leader said. Moscow shelled the city heavily and continuously for four months, regional governor Serhiy Haidai confirmed Friday.
Lebanon, Syria and Egypt signed an agreement on Tuesday to transfer 650 million cubic meters of gas per year from Egypt to Lebanon through Syria.
Ukraine’s Ministry of Justice has announced an official ban on the country’s main opposition party and seized all its assets.
Hungary says it wants to open a route for food produce from wartorn Ukraine as starvation looms for hundreds of millions of people.
The Russian editor-in-chief of independent newspaper Novaya Gazeta has auctioned off his Nobel Peace Prize medal for $103.5 million to help Ukraine’s child refugees.
Britain’s Prime Minister Boris Johnson has made a second surprise visit to Kyiv, where he offered to launch a significant training operation for thousands of Ukrainian troops.
Ukraine’s war-time President Volodymyr Zelensky has visited his nation’s southern city of Mykolaiv as concerns rise that his forces may suffer from fatigue while they lose territories due to the ongoing Russian invasion.
The worst drought in 40 years is combining with the impact of Russia’s invasion of Ukraine. The war there may be thousands of miles away but it’s pushing up the prices of grain and fuel to unprecedented levels.
The leaders of the European Union’s three largest economies, Germany, France, and Italy, pledged Thursday to back Ukraine’s “immediate” candidacy to join the 27-member nation European Union.