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EU leaders tackle inflation, energy shocks from Russia's war

1 month ago   |   By

BRUSSELS - A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia's war sinks in and the threat of recession rises.
The EU's 27 leaders gathered in Brussels to grapple with surging inflation, energy shocks, dwindling business and consumer confidence, and growing budget pressures.
The leaders also will have to contend with higher borrowing costs as the European Central Bank prepares to raise interest rates for the first time in 11...
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In Russia's War on Ukraine, China and India Emerge as Financiers

In Russia's War on Ukraine, China and India Emerge as Financiers

1 month ago   |   By

Their purchases of Russian crude are undermining the West's efforts to isolate the Kremlin and upending the global oil markets.
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Ukraine war: Is Kazakhstan going cool on Russia?

1 month ago   |   By

President Tokayev publicly refused to recognise separatist regions in Ukraine, enraging some Kremlin officials.
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Russia-Ukraine war: List of key events, day 121

1 month ago   |   By

As the Russia-Ukraine war enters its 121st day, we take a look at the main developments.
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