Ukraine
Besieged Mariupol rejects Russia’s surrender ultimatum as deadline passes
Ukraine says Russia seizing food, goods to send back home A service member of pro-Russian troops in uniform without insignia is seen atop of a tank during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 18, 2022. Alexander Ermochenko | Reuters Ukraine’s armed forces said in an update Monday morning that […]
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Benchmark nickel price falls 15% to hit new limit down on London Metal Exchange
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. in London, U.K., on Monday, Feb. 28, 2022. Chris J. Ratcliffe | Bloomberg | Getty Images LONDON — Nickel prices resumed their freefall on Monday, with the benchmark three-month contract falling 15% to hit another new […]
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Xi ‘can’t stomach doing something that might make Putin look bad,’ says political analyst
China does not want to take a position on Ukraine that could undermine Russia, said Scott Kennedy of the Center for Strategic and International Studies, a Washington-based think tank. It doesn’t appear that Beijing has provided any military assistance or violated the economic sanctions on Russia, he said. “But they’ve not said no. And I think what […]
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The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip
As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. Source
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Ukraine’s Zelenskyy pushes for meaningful talks with Russia; Biden warns Xi of ‘consequences’
Four American soldiers die in plane crash during NATO training exercise, Norway PM says Norwegian Prime Minister Jonas Gahr Store said four American soldiers have died in a plane crash while participating in a NATO military exercise called Cold Response. “It is with great sadness we have [received] the message that four American soldiers died […]
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Goldman gives 5 possible reasons behind the market’s mysterious comeback this week
Goldman suggested five reasons the market performed so well this week despite the biggest issues in the market still being unresolved. Source
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U.S. officials continue to press Russia for access to WNBA star Brittney Griner
Brittney Griner #42 of the Phoenix Mercury is seen during the game against the Indiana Fever at Indiana Farmers Coliseum on September 6, 2021 in Indianapolis, Indiana. Michael Hickey | Getty Images WASHINGTON — The State Department is still working to get access to WNBA star Brittney Griner after Russian officials arrested her on accusations […]
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Toyota, major chip supplier suspend production due to earthquake in Japan
A car dealership’s window is broken following a strong earthquake in Koriyama, Fukushima prefecture, Japan in this photo taken by Kyodo on March 17, 2022. Kyodo| via Reuters DETROIT – A major earthquake this week in Japan is causing additional problems for the already constrained global automotive supply chain, which continues to manage through problems […]
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Why high gas prices fall harder on lower earners
High gasoline prices are impacting all American drivers — but low-income households bear the brunt of it. That’s because low earners funnel a bigger share of their budgets to transportation costs and other staples, like food and energy, relative to wealthier households. U.S. gas prices had jumped to $4.32 a gallon, on average, as of […]
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European markets close higher, notch best weekly gain since 2020 amid Russia-Ukraine talks
LONDON — European markets closed higher on Friday, notching their best weekly gain since 2020, as investors tracked negotiations between Russia and Ukraine and digested a big week of central bank decisions. The pan-European Stoxx 600 provisionally ended 0.7% higher, with most sectors in positive territory and major bourses pointing in opposite directions. The index […]
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