Tag: Russia
European inflation soars to a record 7.5% on fuel, food costs.
Eurostat reports eurozone inflation surged to 7.5% in March, the highest since 1997, as rising energy prices and the Ukraine war squeeze consumer spending. This marks the fifth consecutive month of record-breaking inflation, reflecting global economic challenges and increasing cost of living pressures.
Cyberattack in Ukraine war affected thousands across Europe.
A massive cyberattack targeting a satellite network used by Ukraine's government disrupted internet services across Europe, knocking offline tens of thousands of broadband users from Poland to France and impacting remote access to wind turbines.
Poland to end Russian oil imports; Germany warns on gas.
Poland takes decisive action to cut Russian oil imports by year's end, signaling EU's growing resolve to reduce energy dependence. Germany calls for gas conservation as tensions escalate over energy supplies. The move highlights the complex geopolitical challenges posed by Russia's war in Ukraine.
US seeks tighter UN sanctions after N. Korea missile test
The United States calls for tougher UN sanctions following North Korea's test of its largest intercontinental ballistic missile. The launch is part of a series of weapons demonstrations aimed at pressuring the US to recognize North Korea as a nuclear power and lift economic sanctions.
Activists stage global climate protest, slam Ukraine war.
Climate activists from Indonesia to Europe and the US staged global protests, calling for stronger environmental policies and an end to the Ukraine war. The Fridays for Future movement, inspired by Greta Thunberg, organized demonstrations demanding systemic changes to combat climate change.
Russians shift focus from Kyiv, scaling back goals in war?
Russian troops appear to be scaling back their initial invasion goals, moving away from Kyiv and concentrating efforts on the eastern Donbas region. This strategic shift suggests potential reassessment of military objectives, though it remains unclear whether this represents a genuine withdrawal or tactical regrouping in the ongoing conflict.
Ukraine war drives the US, EU deal to undercut Russian energy
President Biden and European Commission President Ursula von der Leyen discuss reducing Europe's 40% reliance on Russian gas, driven by the Ukraine conflict. The deal aims to swiftly cut economic ties with Moscow and reshape energy dynamics in response to the ongoing war.
Biden pledges new Ukraine aid warns Russia on chemical weapons.
President Biden and Western allies announced new sanctions, humanitarian aid, and refugee support for Ukraine. The U.S. will welcome up to 100,000 Ukrainian refugees and provide $1 billion in critical supplies, while leaders discuss potential responses to escalating Russian aggression.
The U.S. reinstates 352 product exclusions from China tariffs.
The US Trade Representative has reinstated 352 product exclusions from China tariffs, covering a range of industrial and consumer items. The exclusions, originally imposed during the Trump administration, will be effective retroactively from October 2021 through December 2022.
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
The United States has imposed fresh sanctions on Russia, targeting dozens of defense companies, hundreds of parliament members, and the chief executive of Russia's largest bank, escalating economic pressure over the Ukraine conflict.
