Hillary Clinton says she’d back Trump for Nobel Peace Prize if he ends Ukraine war
WASHINGTON, DC – In a rare show of political crossfire unity, former U.S. Secretary of State Hillary Clinton said she would nominate Donald Trump for the Nobel Peace Prize if he could…
China and Russia hold first military exercise since Ukraine invasion
(Reuters) – China and Russia’s air forces conducted a joint aerial patrol on Tuesday over the Sea of Japan, East China Sea and the Western Pacific, China’s defence ministry said. The patrol,…
European executives’ confidence plunges on Ukraine crisis – survey
(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed on the…
After three months, host cities struggle to find jobs, homes for Ukraine refugees
By Joanna Plucinska and Michael Kahn RZESZOW, Poland/PRAGUE – When Ukrainians started streaming across the border after Russia invaded their country on Feb. 24, residents in this Polish city — like many…
Ukraine a global issue, not regional one, Biden says in Asia
TOKYO – The crisis in Ukraine is a global issue, not a regional one, U.S. President Joe Biden said at a meeting of the Quad grouping of countries in Tokyo on Tuesday.…
DHL exec says China lockdowns will hit supply chains more than Ukraine war
BERLIN – Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they are lifted, said the head of Deutsche…
UK’s Johnson talks Ukraine, trade deal with new Australian counterpart
LONDON – British Prime Minister Boris Johnson agreed with his newly-elected Australian counterpart Anthony Albanese that the Ukrainian war must not encourage other countries to undermine global stability, Johnson’s spokesperson said on…
Ukraine, Poland agree on joint customs control to ease movement of people, goods
By Maria Starkova (Reuters) – Ukraine and Poland agreed on Sunday to establish a joint border customs control and work on a shared railway company to ease the movement of people and…
Biden signs Ukraine funding bill -White House
(Reuters) – U.S. President Joe Biden on Saturday signed a bill to provide nearly $40 billion in aid for Ukraine as part of efforts to boost military support over Russia’s invasion, the…
Chinese dissident artist shows support for Ukraine in new work
PRAGUE – The Chinese dissident artist known as Badiucao shows his support for Ukraine in new work that has gone on show in Prague, while also taking aim at the leaders of…
Moody’s downgrades Ukraine to “Caa3” on debt uncertainty
(Reuters) – Moody’s on Friday downgraded Ukraine’s foreign currency sovereign credit rating to “Caa3” from “Caa2”, with a negative outlook, citing increased risks to the government’s “debt sustainability” following Russia’s invasion. “While…
Don’t forget other crises with Ukraine focus, UN warns
By Philip Blenkinsop BRUSSELS -The United Nations High Commissioner for Refugees warned on Friday that countries focused on helping Ukraine should not ignore other crises, which were likely to worsen due to…
Hungary’s OTP to step up lending to farmers in war-torn Ukraine
By Gergely Szakacs BUDAPEST – OTP Bank will step up lending to Ukraine’s farmers this year under a Kyiv-backed programme to help them overcome financing problems due to the Russian invasion, an…
Yellen says G7 to give Ukraine funds it needs ‘to get through this’
By David Lawder KOENIGSWINTER, Germany – U.S. Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the financial resources it needs in its struggle against Russia’s…
Top U.S., Russian generals speak for first time since Ukraine invasion
WASHINGTON – The top U.S. military officer, General Mark Milley, spoke by telephone with Russia’s Chief of General Staff Valery Gerasimov, the Pentagon said on Thursday, the first conversation between the two…
IMF chief optimistic G7 funds for Ukraine can stave off hyperinflation
KOENIGSWINTER, Germany – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday she was “getting more optimistic” that a G7 agreement to provide new budget funding to Ukraine can be reached…
Human Rights Watch documents ‘apparent war crimes’ by Russia in Ukraine
(Reuters) – A leading human rights watchdog said on Wednesday it had documented further cases of “apparent war crimes” by Russian troops in two regions in Ukraine. Human Rights Watch (HRW) said…
EU plans 9 billion euros joint borrowing for Ukraine, more for reconstruction
BRUSSELS – The European Commission proposed on Wednesday an extra 9 billion euros ($9.5 billion) in EU loans to Ukraine in 2022 to keep the country running and to set up a…
Morgan Stanley sees Ukraine GDP slump by 60% in 2022 if “no clear resolution”
LONDON – Morgan Stanley said on Wednesday Ukraine’s economy could slump as much as 60% year-on-year in 2022 in case of a “more prolonged conflict with no clear resolution” following Russia’s invasion.…
Serbia’s central bank cuts 2022 growth forecast on Ukraine crisis
(Corrects figures in first paragraph to 3.5%-4.5% from 3%-4% and to 4%-5% from 3.5%-4.5%) BELGRADE – Serbia’s central bank on Wednesday cut its 2022 growth forecast to 3%-4% from 3.5%-4.5% due to…
EU offers 9 billion euro loan to Ukraine, prepares reconstruction -Commission
BRUSSELS – The European Commission proposed on Wednesday a 9 billion euro ($9.5 billion) loan to Ukraine to keep the country going as it struggles to fend off the Russian invasion and…
ECB tells banks to buckle up as Ukraine war hits economy
FRANKFURT – The European Central Bank has told banks to buckle up and prepare for a bumpy road ahead as the Ukraine war hits the economy and a sudden surge in interest…
Ukraine removes fuel price restrictions to increase supply – economy minister
KYIV – Ukraine’s government has lifted restrictions on fuel prices to enable traders to import more and make up the shortage Ukraine is experiencing after Russian forces destroyed many storage facilities and…
EU to make significant contributions to Ukraine, other G7 members might too- Yellen
BRUSSELS – The European Union is likely to make significant financial contributions to keep Ukraine going, U.S. Treasury Secretary Janet Yellen said on Tuesday, adding she would look to G7 members like…
G7 finance ministers plan 15 billion euros aid for Ukraine
BERLIN -The finance ministers of the Group of Seven economic powers want to put together a 15 billion euro ($15.8 billion) aid package for Ukraine at their meeting in Bonn this week,…
Kremlin says G7 using Russia’s reserves for Ukraine would be ‘outright theft’
(Reuters) -The Kremlin said on Tuesday it would be “outright theft” for the Group of Seven economic powers and European Union to seize Russia’s frozen reserves and spend them on behalf of…
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