EU leaders are unsuccessful to agree on a €50 billion support package deal for Ukraine and on renegotiation of EU spending budget

European Council Belgian President Charles Michel delivers remarks to journalists at the end of the initial day of a European Union summit at the EU headquarters in Brussels, on December 15, 2023.

Kenzo Tribouillard | Afp | Getty Illustrations or photos

European Union leaders have failed to agree on a €50 billion ($55 billion) aid package for Ukraine and on the renegotiation of the EU finances, EU Council President Charles Michel mentioned Thursday.

The economic deal could not be endorsed by all 27 leaders, who previously Thursday agreed to open membership negotiations with Ukraine. The cash is aimed at supporting the war-torn place weather the Russian invasion.

Ukraine is terribly counting on the funds to assistance its destroyed overall economy endure in the coming year.

Supply

World

Asia markets track Wall Street losses as Iran war fuels energy worries; BOJ rate decision on deck

March 19, 2026

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Asia-Pacific markets dipped on Thursday, tracking losses on Wall Street that saw the Dow Jones Industrial Average touch a new closing low for the year. The Federal Reserve held […]

World

Oil jumps 4% as Iranian retaliatory strikes on Qatar’s key energy facility stoke supply worries

March 19, 2026

A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile […]

World

Iran missile attack on Qatar causes ‘extensive damage’ to facility housing huge gas plant

March 19, 2026

Qatar said Wednesday that Iranian missiles caused “extensive damage” at Ras Laffan Industrial City, home to the largest liquefied natural gas, or LNG, export facility in the world. Qatar’s Foreign Ministry denounced the attack as a “dangerous escalation, flagrant violation of state sovereignty, and a direct threat to its national security and regional stability.” Qatar […]