Ukraine
European markets rally as U.S. inflation rises less than expected, EU retaliates to Trump’s tariffs
U.S. inflation rate hits 2.8% in February, less than expected Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the looming impact tariffs might have on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a wide-ranging measure of costs across […]
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Ukraine agrees to U.S.-led ceasefire plan if Russia accepts
Ukrainian President Volodymyr Zelenskiy meets Saudi Crown Prince, Mohammed bin Salman, during his visit to Jeddah, Saudi Arabia, March 10, 2025. Saudi Press Agency | Via Reuters Ukraine agreed Tuesday to an immediate 30-day ceasefire negotiated by the United States if Russia accepts the plan, officials said. As part of the plan, the United States […]
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U.S. and Ukrainian officials meet for first time since Oval Office spat, but Zelenskyy stays away
U.S. Secretary of State Marco Rubio speaks with the media on his military airplane as he flies to Jeddah, Saudi Arabia, March 10, 2025. Saul Loeb | Afp | Getty Images U.S. and Ukrainian officials are convening in Saudi Arabia on Tuesday, marking the first time the two parties will meet since the spectacular Oval […]
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European markets to start new trading week on a positive note, trying to shake off recent volatility
European markets are expected to see a positive start to the new trading week after recent global market uncertainty and volatility. The U.K.’s FTSE 100 index is expected to open 32 points higher at 8,711, Germany’s DAX up 58 points at 23,092, France’s CAC 58 points higher at 8,170 and Italy’s FTSE MIB 186 points higher […]
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Trump threatens to impose ‘large scale’ sanctions on Russia until a peace agreement with Ukraine is reached
US President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the White House in Washington, DC on March 6, 2025. Mandel Ngan | AFP | Getty Images WASHINGTON — After weeks of distancing the U.S. from Ukraine, President Donald Trump on Friday threatened to impose expanded “large scale” sanctions and […]
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European leaders back defense spend push amid uncertainty over Trump aid to Ukraine
A week since Ukrainian President Volodymyr Zelenskyy’s heated expulsion from the White House, European leaders have upped the ante on defense spending plans as they seek to support Kyiv and fill a potential void of U.S. aid. This week, the European Commission proposed measures for fiscal flexibility on defense spending and a plan to […]
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As the U.S. halts military aid to Kyiv, how long can Ukraine continue to fight Russia?
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters U.S. military aid for Ukraine has been halted following the spectacular falling-out between President Donald Trump and Ukraine’s leader Volodymyr Zelenskyy, leaving the country in an extremely precarious situation, defense strategists say. An anonymous […]
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EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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Europe wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco
European leaders pose for a family photograph at Lancaster House during the European leaders’ summit on March 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty Images European allies put forward their own peacekeeping plans for Ukraine at the weekend, as well as attempting to position the region as a mediator […]
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CNBC Daily Open: Trump clashes on foreign policy, wields economic threat
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters To an economist, it might seem questionable for a country to impose tariffs on its biggest trading partners, especially when its economy is showing signs of shrinking, the stock market is sagging, prices remain […]
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