Breaking News: Europe
EU targets U.S. tech giants with a new rulebook aimed at curbing their dominance
Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of U.S. technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]
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EU strikes gas deal with the U.S. as it seeks to cut its reliance on Russia
U.S. President Joe Biden and European Commission’s President Ursula von der Leyen shake hands after speaking about steel and aluminium tariffs, on the sidelines of the G20 leaders’ summit in Rome, Italy October 31, 2021. Kevin Lamarque | Reuters The U.S. said Friday it will work with international partners to provide at least 15 billion […]
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Biden to visit Polish border; Ukraine reoccupies towns and regains ground, UK says. Follow our live updates
U.K. sees Ukraine pushing Russian forces back, reclaiming ground Ukraine has re-occupied control of towns and defensive positions up to 35 kilometers east of the capital Kyiv, according to the U.K.’s Defense Ministry, with Russian troops seen falling back on “overextended supply lines.” The Defense Ministry said via Twitter that Ukrainian forces are likely to […]
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Biden says U.S. would ‘respond’ to Russia if Putin uses chemical or biological weapons
President Joe Biden said Thursday NATO would respond “in kind” if Russia uses weapons of mass destruction in Ukraine. “We will respond if he uses it,” Biden said, referring to Russian President Vladimir Putin. “The nature of the response depends on the nature of the use.” Biden also said he would support an effort to […]
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U.S. to sanction over 300 Russian elites and block Russian central bank gold
U.S. President Joe Biden announces new actions against Russia for its war in Ukraine, during remarks in the Roosevelt Room at the White House in Washington, U.S., March 8, 2022. Kevin Lamarque | Reuters The United States plans to sanction approximately 400 Russian individuals and entities, including more than 300 lawmakers from the Russian lower […]
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Wild moves in Russian stocks as market reopens after monthlong shutdown
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Russia’s stocks moved sharply on Thursday, after the market partially reopened for limited trading after its longest shutdown since the fall of the Soviet Union. The Moscow Exchange resumed trading in 33 Russian […]
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Putin has made a ‘big mistake,’ NATO says; Ukraine appears to be retaking ground
Putin’s invasion is seen as his biggest ever mistake — and will harm Russia for years Russian President Vladimir Putin delivers a speech during a concert marking the eighth anniversary of Russia’s annexation of Crimea at Luzhniki Stadium in Moscow, Russia March 18, 2022. Sergey Guneev | Sputnik | Reuters Russian President Vladimir Putin has […]
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Zelenskyy says 100,000 people trapped in Mariupol; German leader says Putin destroying Russia’s future
Ukraine’s Zelenskyy urges Japan lawmakers to impose further sanctions on Russia Members of Japan’s lower house of parliament applaud as Ukrainian President Volodymyr Zelensky appears on screen via video link at the House of Representatives office building in Tokyo on March 23, 2022. Behrouz Mehri | Afp | Getty Images Ukraine’s President Volodymyr Zelenskyy has […]
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UK announces urgent fuel tax cut to fight cost of living crisis
Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street to announce the Treasury’s one-year spending review in the House of Commons in London, England, on November 25, 2020. David Cliff/NurPhoto via Getty Images LONDON — U.K. Finance Minister Rishi Sunak on Wednesday announced an immediate cut to fuel taxes in a bid to mitigate […]
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UK inflation hits fresh multi-decade high of 6.2% on surging energy prices
LIVERPOOL, UNITED KINGDOM – JANUARY 23: On the day that Britain officially enters a recession shoppers walk through Liverpool city centre on January 23, 2009 in Liverpool, United Kingdom. Figures announced today confirm that the UK is officially in a recession for the first time since the early 1990s after GDP fell in two successive […]
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