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…
Yellen says global growth will take a hit from Ukraine war
WASHINGTON – Global economic growth will take a hit from Russia’s war in Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, noting that it had sent prices for food, energy and…
Analysis-Russian workers face new reality as Ukraine war sanctions sap job prospects
LONDON – The phone call telling Oleksandr Kyryliuk he was losing his job came just hours after Russian troops stormed into Ukraine. His employer, beermaker Samuel Smith, had decided to pull out…
Ukraine’s Zelenskiy mocks Putin for saying war is going to plan
(Reuters) – Ukrainian President Volodymyr Zelenskiy on Wednesday mocked Moscow’s insistence that the war against his nation was going well, asking how President Vladimir Putin could have approved a plan that involved…
Analysis-Even with sanctions, Russia can afford to feed its war machine
By Mark Trevelyan and Jacob Gronholt-Pedersen LONDON – Russia can afford to wage a long war in Ukraine despite being hammered by Western sanctions aimed at crippling its ability to sustain the…
Euro zone banks to tighten corporate credit access on war fears: ECB
FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their risk tolerance,…
Japan’s wholesale inflation stays near record on Ukraine war, weak yen
By Leika Kihara TOKYO -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed on Tuesday,…
Russia says West helping Ukraine prepare fake allegations of war crimes
LONDON – Moscow said on Monday that the United States and Britain were helping Ukraine prepare fake claims about the alleged persecution of civilians in Ukraine to feed to international media in…
Traders reroute coffee bound to Russia, demand hit from war seen
By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S. coffee…
Inflation, rising rates, war create uncertain outlook for U.S. earnings
By Caroline Valetkevitch NEW YORK – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for the upcoming U.S. earnings season, leaving some…
Munich Re tightens up cyber insurance policies to exclude war
By Carolyn Cohn and Noor Zainab Hussain LONDON – Munich Re is planning new wordings in cyber insurance policies to exclude war, to avoid disputes over what is covered, the reinsurer’s top…
Taiwan March exports hit new record, Ukraine war clouds outlook
TAIPEI – Taiwan’s exports rose for a 21st straight month in March to a new record in line with forecasts, boosted by continued strong tech demand, though the government warned of continued…
EU approves French scheme to support companies hit by Ukraine war
(Reuters) – The European Commission on Thursday approved a French scheme to provide up to 155 billion euros ($169 billion) in liquidity support to companies hit by the economic impact of the…
EBRD warns war in Ukraine will impact 2022 finances, after record profit
By Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, as it…
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis derails a…
German chemical industry suspends pay talks due to war in Ukraine
FRANKFURT – Germany’s chemical and pharmaceutical industry on Tuesday agreed a lump sum payment for workers and put further collective wage bargaining on hold, citing uncertainty stemming from Russia’s attack on Ukraine.…
Thai business group trims 2022 growth outlook over Ukraine war
BANGKOK – Thailand’s leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of the Russia-Ukraine…
Bulgaria cuts 2022 growth forecast to 2.6% from 4.8% amid war
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits, the finance…
Spanish March service activity slows on war uncertainty, trucker strike -PMI
MADRID – Growth in Spain’s services sector slowed in March as uncertainty weighed after Russia invaded Ukraine, truckers went on strike and energy costs climbed, a survey showed on Tuesday. S&P Global’s…
U.S. to build case for Russia war crimes in ICC or other venue -Sullivan
WASHINGTON – U.S. President Joe Biden will consult allies to ensure Russia and President Vladimir Putin pay the price for war crimes being committed in Ukraine, national security adviser Jake Sullivan said…
Explainer-How could Russia’s Putin be prosecuted for war crimes in Ukraine?
By Jacqueline Thomsen and Mike Scarcella (Reuters) – U.S. President Joe Biden on Monday called for the prosecution of Russian President Vladimir Putin for war crimes over the discovery in Bucha, Ukraine,…
Biden’s War On Oil, Gas Drilling Likely To Hurt Environmental Conservation Programs
Biden’s War On Oil, Gas Drilling Likely To Hurt Environmental Conservation Programs Thomas Catenacci on April 3, 2022 While President Joe Biden’s administration has repeatedly delayed and blocked new federal oil and…
Truce offers glimmer of hope to Yemenis battered by seven-year war
SANAA/ADEN – Yemenis welcomed a nationwide U.N.-brokered ceasefire due to come into effect on Saturday evening as a glimmer of hope in a country ravaged by a seven-year conflict that has forced…
Exclusive-Ukraine mulls international bonds to fund war defence effort
By Karin Strohecker and Jorgelina do Rosario LONDON – Ukraine, hoping to tap fresh sources of money to fund its defence efforts, is looking at ways to extend a domestic bond issuance…
IMF says U.S. ‘soft landing’ amid Ukraine war pressures entails downside risks
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task for the Federal Reserve and will entail…
Spain consumer goods sales rise on worries over supply amid Ukraine war
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial transport strike, prompted shoppers to stock up…
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