Ukraine
Food price inflation rocks the Middle East’s economies, pushing up risk of social unrest
Local government officials and a Ukrainian soldier inspect a grain warehouse earlier shelled by Russian forces on May 06, 2022 near the frontlines of Kherson Oblast in Novovorontsovka, Ukraine. John Moore | Getty Images Rising prices of food and energy are reverberating through Middle Eastern and North African economies, a new S&P Global Ratings report […]
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Russia-Ukraine war hits 100th day; Moscow starts military drills in the Pacific. Follow our live updates
Russia controls over 90% of Luhansk, but no original goals have been achieved: UK MoD On the 100th day of Russia’s war in Ukraine, which the Kremlin still terms its “special military operation,” Russian forces made significant territorial gains in the country’s eastern Donbas, now controlling more than 90% of Luhansk. “Russia is now achieving […]
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Angela Merkel breaks silence on Ukraine, calls Russia’s war ‘barbaric’
German Chancellor Angela Merkel gives a joint news conference with Ukrainian President following their talks at the Mariinsky palace in Kiev, on August 22, 2021. SERGEY DOLZHENKO | AFP | Getty Images Former German Chancellor Angela Merkel forcefully condemned Russia’s war in Ukraine in her first public speech since leaving office in December of last […]
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Russia takes majority control of key Ukrainian city; Moscow calls U.S. weapons package ‘direct confrontation.’ Follow our live updates
Russian forces in control of most of Sieverodonetsk: U.K. Russia has made significant gains in a strategic city in Ukraine’s Donbas, the eastern-most city that was still under Ukrainian control and a last Ukrainian holdout in the Luhansk region. “Russia has taken control of most of Sieverodonetsk. The main road into the Sieverodonetsk pocket likely […]
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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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Wall Street veterans offer 3 trading strategies for investors worried about a recession
Countries like the U.S. and U.K. are grappling with inflation that has risen to multi-year highs as the Ukraine war has caused energy prices to spike and food prices to rise. Angela Weiss | AFP | Getty Images Talk of a recession is heating up, with Wall Street veterans flagging the rising risks of a […]
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Supreme Court blocks Texas social media law that tech companies warned would allow hateful content to run rampant
A person walks down the sidewalk near the U.S. Supreme Court building in Washington, D.C., February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online. […]
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These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global flows for the commodity that powers the world. Russian oil exports had already been hurt by some EU members acting preemptively in anticipation of potential […]
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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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