Benning Road turns into bullet zone hours apart
WASHINGTON, D.C. — Two separate shootings unfolded just blocks apart along Benning Road NE Monday morning, leaving three men injured as Metropolitan Police work to determine whether the incidents are connected. The…
Lending to euro zone businesses slowed in early weeks of Ukraine war
FRANKFURT – Bank lending to euro zone businesses slowed in March, reinforcing expectations that Russia’s war in Ukraine would prompt both banks and corporations to tread cautiously, data from the European Central…
Federal Firearms Charges Brought Against 6 Fresno Residents Arrested in Operation No Fly Zone
FRESNO, Calif. — A federal grand jury returned four indictments today against six Fresno residents as a result of Operation No Fly Zone that sought to address a rise in the number…
Morgan Stanley cuts euro zone GDP forecasts
LONDON – Morgan Stanley said on Monday it had revised down its economic growth forecasts for the euro area this year and the next, anticipating a meaningful slowdown in economic growth in…
Euro zone March inflation revised slightly down, still at record
BRUSSELS – Euro zone inflation in March was marginally lower than earlier reported, the EU’s statistics office said on Thursday, but still at record highs because of a surge in the cost…
All large euro zone banks can withstand Russian write-off, ECB says
FRANKFURT – All large euro zone banks can withstand a full write-off of their Russian exposure and still respect their capital requirements, the European Central Bank’s top supervisor Andrea Enria said in…
Euro zone trade deficit extends to Feb as energy import burden rises
BRUSSELS – The euro zone suffered a trade deficit for a fourth consecutive month in February as surging energy prices led to a sharp increase in the value of energy imports, data…
Euro zone Feb production rebounds as expected on consumer goods
BRUSSELS – Euro zone industrial production rebounded as expected in February from a January slump thanks to stronger output of consumer goods, which offset declines in the output of energy and capital…
Euro zone faces slower growth, higher prices as war hits: ECB poll
FRANKFURT – The euro zone economy faces slower economic growth and higher inflation as Russia’s invasion of Ukraine pushes up costs, disrupts trade and hits confidence, a European Central Bank poll of…
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,…
Honduran special economic zone adopts bitcoin as legal tender
By Gustavo Palencia TEGUCIGALPA – A special economic zone on a tourist-centric island on Honduras’ Caribbean coast has adopted bitcoin and other cryptocurrencies as legal tender, officials of the zone said on…
Euro zone investor morale slumps to lowest level since July 2020
BERLIN – Investor morale in the euro zone fell to its lowest level in nearly two years in April, a survey showed on Monday, pointing to the beginning of a recession in…
Euro zone March factory growth slumped, downturn possible -PMI
LONDON – Euro zone manufacturing growth slowed sharply last month as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a survey showed as soaring energy costs drove…
Euro zone growth barely positive in first half: ECB’s de Guindos
FRANKFURT – Euro zone growth will remain positive this year but the first half will be especially weak with barely any positive growth, European Central Bank Vice President Luis de Guindos said…
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…
Euro zone facing slower growth, higher inflation: ECB’s Lagarde
FRANKFURT – Europe is facing slower growth and higher inflation as the war in Ukraine is draining confidence and pushing up energy prices, European Central Bank President Christine Lagarde said on Wednesday.…
Ratings firm S&P Global cuts euro zone growth forecast to 3.3%
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the Russia-Ukraine war…
Euro zone consumer confidence falls to -18.7 in March
– Euro zone consumer confidence fell by 9.9 points in March from the February number, figures released on Wednesday showed. The European Commission said a flash estimate showed euro zone consumer morale…
Euro zone headed for robust growth despite Ukraine war: Lagarde
FRANKFURT – The euro zone economy is still set for robust growth this year, even if war in Ukraine is going to be a drag via high commodity prices, European Central Bank…
Euro zone industry output flat in sluggish start to 2022
BRUSSELS – Euro zone industrial production was unchanged in January from December, data showed on Tuesday, indicating a sluggish start to 2022 even before any impact from Russia’s invasion of Ukraine, which…
Euro zone bond yields soar as ECB signal end to bond buys in Q3
By Yoruk Bahceli and Dhara Ranasinghe – Euro zone sovereign bond yields soared and the euro dipped on Thursday after the European Central Bank said it plans to end its bond buying…
Inside The War Zone: American Vet Grants Interview While Rescuing Babies From War-Torn Ukraine
Inside The War Zone: American Vet Grants Interview While Rescuing Babies From War-Torn Ukraine Samantha Renck on March 7, 2022 Bryan Stern, the co-founder of Project Dynamo, is currently in Ukraine assisting…
Euro zone investor morale plummets in March on Ukraine crisis
FRANKFURT – Investor morale in the euro zone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the global economy, a survey showed on Monday.…
Evacuation trains from war zone pour into Lviv in western Ukraine
By Andrew R.C. Marshall LVIV, Ukraine – Thousands of women and children, many weeping and numb with exhaustion, arrived in Lviv in western Ukraine on Saturday as the state railway put on…
Euro zone January retail sales rise weaker than expected
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel and muted spending on food and online,…
Euro zone unemployment at record lows, producer prices show record jump y/y
BRUSSELS – Euro zone unemployment fell to record lows in January as the economy continued to rebound from the pandemic slump, but industrial producer prices showed a record surge year-on-year because energy…
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