Vladimir Putin
Ukraine’s economy hit as war drags on; Biden presses Congress to pass more military aid
Russia’s economy to shrink 10% this year, Ukraine’s to contract 30%: Report Damaged buildings are seen as Russian attacks continue in Mariupol, Ukraine on May 4, 2022. Leon Klein | Anadolu Agency | Getty Images The war in Ukraine is hitting both Russia and Kyiv’s economy hard, with both expected to see sharp plunges in […]
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Biden calls on Congress to ‘immediately’ pass major Ukraine aid package before new Covid funding
U.S. President Joe Biden delivers remarks during a Rose Garden event at the White House in Washington, May 9, 2022. Kevin Lamarque | Reuters President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Covid-19 funding, warning that U.S. aid for […]
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Biden signs bill that aims to streamline U.S. military aid to Ukraine
U.S. President Joe Biden signs an executive order to prohibit trade and investment between U.S. individuals and the two breakaway regions of eastern Ukraine recognized as independent by Russia, at the White House in Washington, U.S., February 21, 2022. The White House | Reuters WASHINGTON — President Joe Biden signed a bill Monday that will streamline the […]
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European markets close down 2.8% as travel, tech stocks lead losses; oil prices fall 5%
LONDON — European stocks on Monday fell to two-month lows as global investors fled risk assets en masse due to fears over inflation. The pan-European Stoxx 600 provisionally ended down 2.8%, hitting its lowest level since Mar. 8. Travel and tech shares led the losses, down 5.8% and 4.8% respectively, as all sectors and major […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures over drop 2% as stocks continue to sell off Traders on the floor of the NYSE, May 6, 2022. Source: NYSE The Nasdaq was poised to lead Wall Street lower again Monday, with futures tied […]
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Hungary’s Orban — a longtime Putin ally — stalls Europe’s Russian oil embargo
Hungary Prime Minister Viktor Orban — a longtime ally of Russian President Vladimir Putin — has said that ending Russian oil purchases would be an “atomic bomb” on Hungary’s economy. Attila Kisbenedek | Afp | Getty Images The European Union is struggling to approve a sixth round of sanctions against Russia with a few nations […]
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Putin blames the West for Ukraine war in ‘Victory Day’ speech
Russian President Vladimir Putin is seen on the screen as he delivers a speech during 77th anniversary of the Victory Day in Red Square in Moscow, Russia on May 09, 2022. Anadolu Agency | Anadolu Agency | Getty Images President Vladimir Putin on Monday tried to defend Russia’s unprovoked invasion of Ukraine in his annual […]
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Putin attempts to justify Ukraine invasion at Victory Day parade in Moscow. Follow our live updates
Putin claims the West was ‘preparing for the invasion of our land’ Russian honour guards march on Red Square during the Victory Day military parade in central Moscow on May 9, 2022. Kirill Kudryavtsev | Afp | Getty Images Russia’s President Vladimir Putin has attempted to justify his unpreceded invasion of Ukraine on “Victory Day” […]
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Chinese calculations on Taiwan affected by Ukraine conflict, says CIA director
The U.S. believed China was unsettled by the reputational damage of being associated with the “brutishness” of Russian President Vladimir Putin’s military action, says U.S. Central Intelligence Agency Director William Burns. Alexei Druzhinin | AFP | Getty Images U.S. Central Intelligence Agency Director William Burns said on Saturday that China is closely monitoring Russia’s conflict […]
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Finland, Sweden need to move now on NATO while Putin is preoccupied with Ukraine, former secretary general says
SALZBURG, Austria — Finland and Sweden need to join the North Atlantic Treaty Organization (NATO) now while Russia’s Putin is focused on Ukraine, the alliance’s former chief told CNBC. The two Nordic countries have been considering joining NATO in the wake of Russia’s unprovoked invasion of Ukraine. Becoming NATO members would represent a sharp U-turn […]
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