Breaking News: Europe

UK freezes record  billion in assets linked to two Abramovich associates
World

UK freezes record $13 billion in assets linked to two Abramovich associates

Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images WASHINGTON — The United Kingdom on Thursday announced that it had frozen assets belonging to two Russian oligarchs worth up to […]

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White House will crack down on Russian attempts to evade sanctions, Biden security advisor says
Finance

White House will crack down on Russian attempts to evade sanctions, Biden security advisor says

Jake Sullivan, White House national security adviser, speaks during an interview at an Economic Club of Washington event in Washington, D.C., U.S., on Thursday, April 14, 2022. Al Drago | Bloomberg | Getty Images WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn’t able to […]

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ECB confirms the end of its bond buying in the third quarter as inflation surges
World

ECB confirms the end of its bond buying in the third quarter as inflation surges

The European Central Bank faces a tough balancing act, with inflation running at record highs while the war in Ukraine casts a shadow over the growth outlook. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday kept its monetary policy unchanged but confirmed it will end its bond buying […]

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Russian flagship missile cruiser ‘seriously damaged’ after blast in Black Sea
World

Russian flagship missile cruiser ‘seriously damaged’ after blast in Black Sea

Russia will seek peace or leave the international arena forever: Zelenskyy Ukrainian President Volodymyr Zelenskiy speaks during an address where he says that Russian forces could use chemical weapons in Ukraine, in Kyiv, Ukraine, April 11, 2022 in this still image taken from video. Ukrainian Presidential Press Service | via Reuters In his latest nightly […]

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Russia’s war in Ukraine threatens to hurt billions, UN warns as food and energy prices soar
Politics

Russia’s war in Ukraine threatens to hurt billions, UN warns as food and energy prices soar

Russia’s war in Ukraine is already taking a dramatic toll on the world economy and placing a huge swath of the world’s population, especially those in developing nations, at an increased risk of harm, the United Nations warned Wednesday. The crisis has caused a “perfect storm” of disruptions to global food, energy and financial markets […]

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Biden authorizes additional 0 million in military assistance for Ukraine
Politics

Biden authorizes additional $800 million in military assistance for Ukraine

U.S. military vehicles are parked outside the G2A Arena near the Rzeszow-Jasionka Airport, Poland February 7, 2022. Kuba Stezycki | Reuters WASHINGTON — President Joe Biden announced another $800 million in military assistance on Wednesday following a phone call with Ukrainian President Volodymyr Zelenskyy. The new package will contain previous weapons systems already deployed to the fight […]

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Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military
World

Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military

Russia’s appointment of Army General Alexander Dvornikov to lead the war in Ukraine “represents an attempt to centralise command and control,” the U.K.’s Ministry of Defense said in its daily defense intelligence update on Twitter, following weeks of slow progress and botched operations for Russian forces. Dvornikov has commanded troops in Syria and eastern Ukraine, […]

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UK inflation hits 30-year high of 7% as energy prices surge
World

UK inflation hits 30-year high of 7% as energy prices surge

The 7% annual rise for U.K. inflation in March is the highest since 1992. Photo by Christopher Furlong/Getty Images LONDON — U.K. inflation came in at an annual 7% in March, its highest for 30 years. Consumer prices rose by 1.1% month-on-month, outstripping expectations for a 0.7% climb in a Reuters poll of economists, which […]

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Putin and Lukashenko falsely claim British operatives committed the atrocities in Bucha
Politics

Putin and Lukashenko falsely claim British operatives committed the atrocities in Bucha

Russian President Vladimir Putin and his closest ally, President Alexander Lukashenko of Belarus, unveiled a new theory on Tuesday about who was to blame for the murders, rapes and torture of hundreds of civilians in Bucha, Ukraine while the town was occupied by Russian troops. It was not, they insisted, the Russian soldiers who witnesses, […]

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Zelenskyy says Ukraine captured pro-Putin politician Viktor Medvedchuk who escaped house arrest
Politics

Zelenskyy says Ukraine captured pro-Putin politician Viktor Medvedchuk who escaped house arrest

President Zelenskyy posted on social media a photo of Viktor Medvedchuk with “A special operation was carried out thanks to the SBU. Well done! Details later. Glory to Ukraine!” Written underneath. Courtesy: Office of Presidency of Ukraine Ukraine President Volodymyr Zelenskyy on Tuesday announced the apparent capture of Viktor Medvedchuk, a pro-Kremlin politician who was […]

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