Ukraine
‘Who is talking about climate change now?’ What the Ukraine war means for global heating
A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — Reflecting on energy markets just over one month into Russia’s onslaught in Ukraine, Saudi Arabia’s top energy official said: “Look at […]
Read More
Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences
Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth. “This inflation problem is widespread, it’s persistent and likely to be protracted,” Roach told CNBC’s “Fast Money” on Thursday. “The markets are not […]
Read More
Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Spirit and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher costs. Kohl’s shares fell 3.3% in premarket trading. BJ’s […]
Read More
Russia says it has sent 900 Ukrainian soldiers to prison camp; U.S. reopens embassy in Kyiv
Ukraine’s presidential advisor says the war is unlikely to end by fall Local boys sit on a swing in the yard of an apartment building destroyed by the Russian army airstrike in Ukraine May 13, 2022. The war in Ukraine is expected to continue through the summer and possibly beyond, presidential advisor Oleksii Arestovych said, […]
Read More
Two maps show NATO’s growth — and Russia’s isolation — since 1990
A Swedish soldier takes part in exercises on May 17, 2022. Her country, along with Finland, now wants to join NATO. Jonathan Nackstrand | Afp | Getty Images Russia has become increasingly isolated from the rest of Europe over the last 30 years, and maps of the continent illustrate just how drastic the change has […]
Read More
‘The whole world is against us’: Russian military analyst gives damning assessment of Ukraine war on state TV
Destroyed military equipment of the Russian army in the city of Bucha. Sopa Images | Lightrocket | Getty Images In a country where independent media and commentary has all but disappeared from public view, it’s rare to hear dissenting voices on the many state-controlled TV networks in Russia — particularly now with the country at […]
Read More
Finland and Sweden formally apply to join the NATO military alliance. Follow our live updates
Finland and Sweden formally applied to join NATO on Wednesday marking another step toward the Western military alliance’s expansion, although the full accession process could take a year and Turkey’s objections need to be overcome. The status of the besieged Azovstal steelworks complex in Mariupol, a heavily-destroyed port city in southern Ukraine, remains unknown with […]
Read More
Soldiers evacuated from besieged Mariupol steelworks; Turkey could block NATO bids from Finland, Sweden
Turkey says it won’t approve Finland, Sweden NATO bids Turkey’s President Tayyip Erdogan holds a news conference during the NATO summit at the Alliance’s headquarters in Brussels, Belgium June 14, 2021. Yves Herman | Reuters Turkey’s President Recep Tayyip Erdogan has reiterated Ankara’s objections to Sweden and Finland joining NATO, saying Turkey will not approve […]
Read More
Take a look inside the Finnish bunkers capable of withstanding a nuclear attack
HELSINKI, Finland — Blast proof, gas proof and offering protection from radiation and toxic chemicals — Finland takes its network of underground bunkers seriously. Located about 60 feet underground, this civil shelter in Helsinki can hold up to 6,000 people. Defying expectations of a dark, damp cave; it’s bright, clean and warm, complete with soccer […]
Read More
‘Londongrad’: How Russia’s war exposed the dark side of luxury London
Following Russia’s invasion of Ukraine, and resultant sanctions on President Putin’s oligarch elite, a spotlight has been firmly cast on the British capital and its complicity as a store for dirty money. When Russia mounted its war in Ukraine in February 2022, Britain was one of the first Western allies to impose sanctions on the […]
Read More