Russian missiles rain down on Ukraine as the West promises lasting support

The battle for Lysychask continues You could be next, Zelenskiy tells NATO leaders Mykolaiv attack is a sign of an intensified Russian offensive NATO says more weapons are in preparation Kyiv, June 29 (Reuters) – Russian forces attacked targets in southern Ukraine’s Mykolaiv region on Wednesday and intensified strikes on front lines across the country … Read more

Sweden and Finland on track to join NATO as Russia and China focus on allies

Turkey wins security promises from Finland and Sweden Russia to be called ‘main threat’ after Ukraine invasion ‘You are not going to win’, S├ínchez tells Putin in a speech NATO summit will agree on more reinforcements for Baltic countries NATO to pay more attention to China’s military rise MADRID, June 29 (Reuters) – Sweden and … Read more

Asian Stocks Lose Gains Made in Shorter China Quarantine as Recession Fears Persist

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board showing Japan’s Nikkei index outside a brokerage house in Tokyo, Japan, on March 7, 2019. 2022. REUTERS/Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Record TOKYO, June 29 (Reuters) – Asian stock markets fell on … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualifying money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by the Swiss Federal Criminal Court on Monday of failing to prevent money laundering by a Bulgarian gang of cocaine traffickers in … Read more

NATO will have more than 300,000 more prepared soldiers: Stoltenberg

Madrid Summit to adapt NATO’s position towards Russia Change fueled by the Russian invasion of Ukraine New strategy document to qualify Russia as a ‘direct threat’ BRUSSELS, June 27 (Reuters) – NATO will massively increase the number of troops on high readiness to more than 300,000, Secretary-General Jens Stoltenberg said on Monday, with allies adopting … Read more

Russia enters default zone when payment deadline expires

The Spasskaya Tower clock showing the time at noon is pictured next to Moscow’s Kremlin and Saint Basil’s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Sign up now for FREE unlimited access to Reuters.com Record Grace period runs out on $100 million interest payment due May 27 Some Taiwanese bondholders missed payment on Monday: sources Russia … Read more

G7 aims to raise 600 billion dollars to counter China’s Belt and Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss the shaping of the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany on June 26, 2022. Kenny Holston /Pool via REUTERS Sign up now for FREE unlimited access to Reuters.com Record SCHLOSS ELMAU, Germany, June 26 (Reuters) – … Read more

G7 nations announce Russia gold ban as summit kicks off under shadow of war

Gold ban targets ‘Putin’s war machine,’ says British PM Oil import price cap also under discussion, says German source The G7 also aims to tackle rising energy prices SCHLOSS ELMAU, Germany, June 26 (Reuters) – Members of the Group of Seven wealthy nations announced a ban on Russian gold imports on Sunday as the G7 … Read more

Ukraine confirms the fall of Sievierodonetsk after weeks of fighting

Capture of Sievierodonetsk great gain for Russia Ukraine says Russia launches widespread bombing Dozens of missiles hit Ukrainian military bases Kyiv, June 25 (Reuters) – Russian forces have fully occupied Sievierodonetsk, the mayor of the eastern Ukrainian city said on Saturday, confirming Ukraine’s biggest battlefield setback in more than a month, after weeks of some … Read more

EU plans for a life without Russian gas amid rising inflation

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, … Read more