Ukraine
U.S. blocks gold imports from Russia in latest round of sanctions targeting Putin’s war
The Treasury Department on Tuesday announced that the U.S. and a handful of key economic allies will prohibit imports of Russian gold, Moscow’s largest export outside of the energy sector. The expanded sanctions represent the latest effort by the U.S. and some of its Group of Seven partners to target Russian President Vladimir Putin and […]
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Can war be net-zero? NATO pledges massive revamp of energy-guzzling equipment
A naval exercise led by U.S. Naval Forces Europe-Africa, and executed by the NATO Naval Striking and Support Forces, in the Baltic Sea on June 6, 2022. Russia’s onslaught in Ukraine is almost certain to eclipse other security concerns at NATO’s Madrid summit this week. Jonathan Nackstrand | Afp | Getty Images The super-polluting military […]
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NATO countries gather as Ukraine war overshadows Europe; Russian attack on shopping mall kills at least 15 people
NATO alliance set to meet in Spain as Russia’s aggression increases NATO chief Jens Stoltenberg has already previewed new moves by the alliance, announcing on Monday that it would increase its rapid response force and will bolster its battlegroups in eastern Europe. Yves Herman | Reuters The NATO military alliance is all set to meet […]
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Total shutdown of Russian gas pipelines to Europe ‘is not inconceivable’
Russian President Vladimir Putin makes a toast as he takes part in the XIV BRICS summit in virtual format via a video call, in Moscow on June 23, 2022. Mikhail Metzel | AFP | Getty Images The Group of 7 nations need to brace for a complete shutdown of Russian gas pipelines in the near term, […]
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European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan
LONDON — European stocks closed slightly higher on Monday, as a positive trend seen at the end of last week’s trading lost some momentum. The pan-European Stoxx 600 index provisionally ended 0.6% higher, having traded up more than 1% earlier in the session. Mining stocks rose over 2% to lead the gains. In terms of […]
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NATO set to increase its high-readiness forces to over 300,000 in massive military buildup
Stoltenberg has said NATO’s updated Strategic Concept will likely refer to Russia as the “most significant and direct threat” to security. Anadolu Agency | Anadolu Agency | Getty Images NATO Secretary-General Jens Stoltenberg on Monday said the military alliance is poised to increase the number of its high-readiness forces to well over 300,000 as part […]
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Russia’s neighbors fear NATO’s defense plans are not fit for purpose and they could be quickly overrun
Lithuanian President Gitanas Nauseda has said he plans to bring up a stand-off with Russia at this week’s NATO summit. Picture Alliance | Picture Alliance | Getty Images Everything changed when Russia invaded Ukraine and NATO’s defense strategy must now account for the new security environment on Europe’s eastern flank. That’s the coordinated message from […]
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Zelenskyy set to ask G-7 leaders for more firepower to fight Russian forces; Kyiv, Odesa and other key regions hit by missile strikes
UK’s Boris Johnson to tell fellow G-7 leaders they must end Putin’s ‘stranglehold’ on food prices British Prime Minister Boris Johnson is due to call on world leaders gathered at the G-7 summit in Germany on Monday to take urgent action to get essential food supplies out of Ukraine. The U.K. said it was working […]
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Ukrainian forces will have to leave key eastern city, Luhansk governor says; retired Russian major captured
Russian pilot captured is a retired major, revealing Moscow’s struggles to staff air force: UK A Russian pilot shot down and captured by Ukrainian forces confessed to being a retired major of his country’s air force, Britain’s Ministry of Defense wrote in its daily intelligence update. The pilot had joined Russia’s military contracting group Wagner […]
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Greeks fear another recession, just four years after the country exited its controversial bailout
Workers demonstrate against soaring cost of living in central Athens earlier this year. Louisa Gouliamaki | Afp | Getty Images Nearly four years after Greece celebrated the end of its complicated bailout program, its people are growing increasingly concerned about their economic prospects once again. The darkening public mood comes as Greece — like many […]
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