Foreign policy
Russia’s pledge to scale back in Ukraine met with skepticism; EU to put pressure on China
Sanctions on Russia to continue until we see de-escalation, Italy’s Di Maio says Italian Foreign Minister Luigi Di Maio told CNBC’s “Squawk Box Europe” that sanctions on Russia will continue until Italy sees military de-escalation in Ukraine. Japan skeptical over Russian pledge to cut military operations Japan has expressed skepticism over Russia’s pledge to reduce […]
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European markets pull back amid doubts over latest Russian pledges over Ukraine
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with autos shedding 1.6% to lead losses, while oil and gas stocks gained 2.1%. In terms of individual share price movement, […]
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EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
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Full remarks of U.S. President Joe Biden and Singapore Prime Minister Lee Hsien Loong
“We cannot condone any country arguing that another country’s independence is the result of historical errors and crazy decisions,” Prime Minister Lee said at the White House on March 29. Bloomberg | Bloomberg | Getty Images Singapore PM Lee Hsien Loong met with U.S. President Joe Biden to discuss Indo-Pacific security, the Ukraine war, and […]
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European markets climb as Ukraine-Russia talks begin; Stoxx 600 up 1.8%
LONDON — European stocks advanced on Tuesday as another round of Ukraine-Russia talks got underway. The pan-European Stoxx 600 climbed 1.8% by mid-afternoon, with autos jumping 4.5% to lead gains as all sectors and major bourses traded in positive territory. In terms of individual share price movement, Swedish investment company Storskogen Group added more than […]
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Russia faces 5 unintended consequences for its invasion of Ukraine
A banner that reads “Slava Ukraini” (“Glory to Ukraine, a Ukrainian national salute) in the backdrop of a demonstration in support of Ukraine on Freedom Square in Tallinn, Estonia, on Feb. 26, 2022, following Russia’s invasion of Ukraine. While sympathy for Ukraine is rising in much of the world, the costs are mounting for Russia. […]
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Putin should think about the consequences of asking for energy payments in rubles, Germany says
Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles. Russia’s Putin said last week that “unfriendly” nations would be asked to pay for their natural gas in rubles — causing a spike in European gas prices. By asking for payments in the Russian currency […]
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Turkey’s Erdogan opens latest Russia-Ukraine talks; Moscow said to be resetting its forces
Russia-Ukraine talks set to begin in Istanbul A spokesperson for the Turkish Foreign Ministry has told NBC News that talks between Russia and Ukraine will begin at 10:30 a.m. Istanbul time (4:30 a.m. ET). He added that it was possible there may be some delays. Turkish President Recep Tayyip Erdogan speaks ahead of the peace […]
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Biden says his ‘moral outrage’ at Putin does not signal a U.S. policy shift
U.S. President Joe Biden announces his budget proposal for fiscal year 2023, as Office of Management and Budget (OMB) Director Shalanda Young listens in the State Dining Room at the White House in Washington, U.S., March 28, 2022. Kevin Lamarque | Reuters President Joe Biden on Monday clarified that his statement that Russian President Vladimir […]
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Russia claims to have changed its strategy in Ukraine — but there are doubts over its real intentions
A woman walks past huge placards bearing images of Russian President Vladimir Putin and reading “Russia does not start wars, it ends them”and “We will aim for the demilitarization and denazification of Ukraine” in the city center of Simferopol, Crimea, on March 4, 2022. Stringer | AFP | Getty Images Russia’s military strategy in Ukraine […]
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