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…
Analysis-“Slow-balisation”: how war, pandemic are reshaping global trade
By Philip Blenkinsop BRUSSELS – Raising the drawbridge has been a response to war and pestilence throughout human history, and the tumultuous winter of 2022 has similarly led trading nations to turn…
Global M&A hits the skids as Ukraine war saps confidence
By Anirban Sen and Pamela Barbaglia (Reuters) – The value of global merger and acquisition (M&A) activity took a 29% hit in the first quarter of 2022 as market volatility fueled by…
Japan Q2 growth to be slower than first expected on price rises, Ukraine war – Reuters poll
By Daniel Leussink TOKYO – Japan’s economy will grow at a slower pace than previously thought next quarter in part due to Russia’s invasion of Ukraine and its inflationary effect on global…
Biden Close To Invoking Cold War Powers To Bolster Green Agenda: REPORT
Biden Close To Invoking Cold War Powers To Bolster Green Agenda: REPORT Thomas Catenacci on March 30, 2022 President Joe Biden is planning to use a Cold War-era law to boost U.S.…
Euro zone sentiment plunges in March as Ukraine war scares consumers
BRUSSELS – Euro zone economic sentiment fell sharply in March, data showed on Wednesday, as Russia’s invasion of Ukraine sent consumer confidence plummeting and their inflation expectations to record highs. The European…
Ukraine war could impact timing of Porsche AG listing, Porsche SE says
BERLIN – The timing of a possible listing of Porsche AG, currently foreseen for the fourth quarter of the year, could be pushed back by the conflict in Ukraine if it drags…
War, inflation drag German consumer sentiment lowest since Feb 2021
BERLIN – German consumer morale looks set to slump heading into April as the war in Ukraine pushed households’ economic and income expectations to new record lows since the 2009 financial crisis,…
European justice agency backs team probing alleged war crimes in Ukraine
BRUSSELS -Eurojust, Europe’s agency for criminal justice cooperation, said on Monday it would support a joint investigation team announced last week to probe allegations of war crimes in Ukraine following Russia’s Feb.…
German first-quarter dealmaking slides to six-year low due to Ukraine war jitters
By Emma-Victoria Farr and Alexander Hübner (Reuters) – Mergers and acquisitions in Germany in the first three months of 2022 have dropped 10% from the same period in 2021 in what has…
Taiwan sees Ukraine war helping Chinese yuan’s internationalisation
TAIPEI – The war in Ukraine and Russia’s effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a challenge to…
Zurich Insurance removes Z symbol after letter used to show support for Ukraine war
ZURICH – Zurich Insurance has removed its Z logo from social media after the letter became a symbol of support in Russia for Moscow’s invasion of Ukraine. The company said it was…
Ukraine war creates woes, but also an opportunity for Africa -AfDB pres
By Joe Bavier JOHANNESBURG – The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought…
Analysis-Bogged down in Ukraine, Russia moves war goalposts
By Mark Trevelyan LONDON – Russia has reframed its war goals in Ukraine in a way that may make it easier for President Vladimir Putin to claim a face-saving victory despite a…
War in Ukraine causes German business morale to collapse
BERLIN – German business morale plummeted in March as companies worried about rising energy prices, driver shortages and the stability of supply chains in the wake of the war in Ukraine, pointing…
Japan’s March economy report flags inflation risk from Ukraine war
TOKYO – Japan needs to closely watch downside economic risks from rapid commodity inflation caused by the war in Ukraine and its disruption to the global energy supplies, the government said in…
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…
Marketmind: A month of war
A look at the day ahead in markets from Sujata Rao It’s a month since Russian troops stormed into Ukraine, goading the West into an unexpectedly severe sanctions response. Now, a new…
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…
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…
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…
Column-Economic war pushes business cycle to tipping point: Kemp
By John Kemp LONDON – “The longer the war goes on, the greater the chance of an economic recession,” the chief executive of commodity trader Vitol said on Tuesday at a business…
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…
Hungary ramps up rate hikes as war stokes inflation risks
By Gergely Szakacs and Krisztina Than BUDAPEST – The National Bank of Hungary raised its base rate by 100 basis points to 4.4% on Tuesday, the biggest hike in the rate since…
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