Breaking News: Europe
Here’s what’s in Biden’s $700 million military aid package for Ukraine
Ukrainian service members unpack Javelin anti-tank missiles, delivered by plane as part of the U.S. military support package for Ukraine, at the Boryspil International Airport outside Kyiv, Ukraine February 10, 2022. Valentyn Ogirenko | Reuters The U.S. is sending Ukraine advanced rocket-launcher systems and 1,000 Javelin missiles as part of the Biden administration’s latest effort […]
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Zelenskyy says Russian bombing of chemical plant ‘insanity’; U.S. to provide Ukraine with longer-range rocket systems
Wheat can’t be ‘weapon of war’, Pope says in urging lifting of Ukraine block Pope Francis leads his weekly general audience in St. Peter’s Square at the Vatican on June 1, 2022. Filippo Monteforte | Afp | Getty Images Pope Francis on Wednesday appealed to authorities to lift the block on wheat exports from Ukraine, […]
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Euro zone inflation hits yet another record high as food and energy prices soar
A market in the city center of Bonn, Germany on Feb 5, 2022. Nurphoto | Nurphoto | Getty Images Prices in the euro zone continued their march higher in May, hitting a record high for the seventh month in a row. Inflation came in at 8.1% for the month, according to preliminary figures from Europe’s […]
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EU secures compromise on Russian oil ban; Kremlin claims it now controls a third of key Donbas city
Russian forces claim a third of Sievierodonetsk is now under their control Smoke rises in the city of Sievierodonetsk during heavy fighting between Ukrainian and Russian troops on May 30, 2022. Aris Messinis | Afp | Getty Images Russian forces claimed to have seized control of one-third of the city of Sievierodonetsk, as they continue […]
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EU set to discuss Russian oil embargo; Moscow says Ukraine’s Donbas is an ‘unconditional priority.’ Follow our live updates
After a failed attempt, EU to continue negotiating potential sanctions on Russian oil The EU will continue to work Monday toward an agreement to embargo Russian oil, after attempts to do so on Sunday failed. The talks are largely held up by Hungary, a major user of Russian oil and whose leader Viktor Orban is […]
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Zelenskyy says conditions in Donbas are ‘indescribably difficult’; Russian forces target Severodonetsk
Putin is inflicting ‘unspeakable suffering’ on Ukrainians in a bid to capture Severodonetsk, think tank says A man walks in front of a destroyed school in the city of Bakhmut, in the eastern Ukrainian region of Donbas on May 28, 2022. Aris Messinis | Afp | Getty Images The Institute for the Study of War, […]
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Russian forces advance in the east of Ukraine; Zelenskyy says Donbas situation ‘very difficult.’ Follow our live updates
Russian forces unlikely to advance rapidly in Severodonetsk, think tank says Russia has pressed its offensive to capture key points in the eastern Donbas region of Ukraine, with more bombing of residential areas. Aris Messinis | Afp | Getty Images Russian forces have begun direct assaults on built-up areas in Severodonetsk despite not yet having […]
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U.S. may send long-range rocket systems to Ukraine; Russia captures more villages in Donbas. Follow our live updates
Russian forces capture several villages in the Donbas Russian forces have captured several villages in the Donbas north-west of Popasna, as they make gradual progress in their efforts to surround Severodonetsk and Lysychansk, the U.K.’s Ministry of Defense wrote in its daily intelligence update on Twitter. “Russia is pressuring the Severodonetsk pocket although Ukraine retains […]
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UK slaps one-off tax on oil and gas giants to ease the pain of soaring household energy bills
Sunak previously described the idea of a windfall tax on oil and gas majors as “superficially appealing” but a decision that would ultimately deter investment. Jonathan Brady – Pa Images | Pa Images | Getty Images LONDON — U.K. Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the […]
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Russia’s central bank cuts key interest rate to 11%, citing decreased stability risks
MOSCOW, Russia: The Russian central bank has implemented a range of capital controls in a bid to support domestic assets and the ruble currency, as international sanctions squeeze the economy following Russia’s invasion of Ukraine. KIRILL Kudryavtsev | AFP | Getty Images The Central Bank of Russia on Thursday cut its key interest rate from […]
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