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…
ECB’s Centeno says recession not in ECB’s scenario despite Ukraine
LISBON – The European Central Bank does not contemplate a recession in the euro zone in its economic scenario despite the conflict in Ukraine that has exacerbated inflationary pressures, ECB Governing Council…
A month into war, communicator-in-chief Zelenskiy strives to keep eyes on Ukraine
By Matthias Williams, Margaryta Chornokondratenko and Stephen Farrell LONDON/LVIV, Ukraine – The props were simple, the message was clear. In a video address to the nation this week, Ukrainian President Volodymyr Zelenskiy…
Exclusive-EU nations to exchange refugees’ hryvnias at Ukraine cenbank rate- draft document
BRUSSELS – European Union countries are likely to agree to allow millions of Ukrainian refugees to exchange their currency, the hryvnia, into currencies used in the EU over the next three months…
BOJ policymaker warns of prolonged inflation due to Ukraine war
By Leika Kihara TOKYO – Japan may see consumer inflation creep up and stay near the central bank’s 2% target for a prolonged period if the war in Ukraine continues to drive…
Japan’s March factory activity up, Ukraine crisis weighs on outlook – flash PMI
TOKYO – Japan’s manufacturing activity sped up in March from the prior month as a reduction in COVID-19 cases in the country helped lift orders and production, however, surging input prices and…
UK to provide 6,000 missiles to Ukraine in new support
LONDON – Britain will provide Ukraine with about 6,000 new defensive missiles and almost 30 million pounds ($40 million) to support the BBC’s coverage in the region and pay Ukrainian soldiers and…
U.S. farm groups urge sowing on protected land as war cuts off Ukraine supply
By Leah Douglas, Christopher Walljasper and Karl Plume CHICAGO – Farm groups are urging the U.S. Agriculture Department to allow farmers the ability to plant on acres set aside for conservation, to…
Egypt requests IMF support as economy buffeted by Ukraine spillover
CAIRO -Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility would be essential to absorb external shocks,…
Ifo slashes German growth forecast for 2022 due to Ukraine war
BERLIN – German growth will be weaker than expected this year due to the effects of Russia’s invasion of Ukraine which will also push up inflation in Europe’s biggest economy, the Ifo…
US, UK, Canada export credit agencies halt support to Russia, Belarus over Ukraine war
WASHINGTON – The export credit agencies of the United States, Britain and Canada said on Wednesday that they are withdrawing new export credit support for Russia and Belarus over Russia’s invasion of…
March U.S. auto sales to tumble on rising inflation, Ukraine crisis- data
– U.S. auto retail sales could decline in March as rising inflation hinders spending by customers already limited by slim inventories due to pandemic-led supply shortages, and now the Ukraine crisis, consultants…
Ukraine says ‘confrontational’ Russia talks moving forward as West plans more sanctions
By Natalia Zinets and Pavel Polityuk LVIV/KYIV, Ukraine – Talks between Ukraine and Russia are confrontational but moving forward, President Volodymyr Zelenskiy said on Wednesday, as the West plans to announce more…
U.S. Republicans want higher defense spending, citing Ukraine and China
WASHINGTON – A group of 40 U.S. Republican members of the Senate and House of Representatives Armed Services Committees urged President Joe Biden to include a 5% increase above inflation for defense…
Indians tighten belts as Ukraine war drives up prices of necessities
By Aftab Ahmed and Rajendra Jadhav NEW DELHI – Many Indians are cutting down on fried food and even vegetables as the Ukraine war inflates the prices of items from edible oils…
‘Gloomy’ Dutch consumers hit by pessimism about economy, war in Ukraine
– Dutch consumer confidence deteriorated in March due to growing pessimism about the economy and the war in Ukraine, the Dutch Statistics Office CBS announced on Wednesday. The indicator dropped from -30…
Diplomatic tit-for-tat over Ukraine escalates at United Nations
By Michelle Nichols UNITED NATIONS – Russia is seeking to blunt Western-led efforts at the United Nations to further isolate Moscow for invading Ukraine, with the Security Council and General Assembly gearing…
WTO trade talks in disarray amid Ukraine tensions – sources
By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to negotiations seizing…
Ukraine sunflower scarcity: a boon for olive oil, but hard to swallow for some
By Corina Pons and Emma Pinedo MADRID – A surge in sunflower oil prices after Russia’s invasion of Ukraine cut supply has proved an opportunity for producers of one of Spain’s best-known…
U.S. Treasury deputy Europe-bound to coordinate sanctions on Russia over Ukraine
By Daphne Psaledakis WASHINGTON – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Europe next week to coordinate sanctions with allies over Russia’s assault on Ukraine and discuss next steps with…
Ukraine conflict likely to weigh on Serbian economy, IMF says
BELGRADE – The war in Ukraine is expected to weigh on Serbia’s economy, presenting global problems such as supply chain disruptions and higher commodity prices, the International Monetary Fund said on Tuesday.…
EU to set out job, school, housing plan for Ukraine refugees
BRUSSELS – The European Commission on Wednesday will set out plans to ensure people fleeing Russia’s invasion of Ukraine have access to jobs, education and housing after an unprecedented flow of refugees…
EU to set up Ukraine post-war reconstruction fund, draft statement says
BRUSSELS – European Union leaders are set to agree this week on an international fund to help finance the reconstruction of Ukraine from the destruction wrought by the Russian invasion, a draft…
VW’s Skoda says Ukraine supply partner restarting wire harness production
PRAGUE – Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of wire harnesses as the carmaker works through…
Ukraine could lose $6 billion in grain exports with ports blocked
By Silvia Aloisi and Pavel Polityuk LVIV – Ukraine faces a possible grain revenue loss of $6 billion as the blockade of its ports by Russian forces prevents it from selling millions…
Mexico to get investment boost from Ukraine war, president says
MEXICO CITY – President Andres Manuel Lopez Obrador on Monday said Mexico will get an investment boost on the back of the Ukraine war, predicting that capital once destined for Russia and…
Breaking News
