Crippled By Sanctions, Russia’s Top Bank Quits Europe
MOSCOW (Reuters) -Russia’s largest lender Sberbank is quitting almost all European markets, blaming big cash outflows and threats to its…
March 2, 2022
Inflation in 19 nations using euro sets record for 4th month
LONDON (AP) — Surging energy costs have driven inflation in Europe to another record high, raising questions about when the…
Russia Bans Payments To Foreigners Holding Rouble Bonds, Shares
MOSCOW (Reuters) – Foreign investors are effectively stuck with their holdings of Russian stocks and rouble-denominated bonds after the central…
Germany to give $720 million to Holocaust survivors globally
BERLIN (AP) — The organization that handles claims on behalf of Jews who suffered under the Nazis said Wednesday that…
OPEC sticks to plan of gradual output hikes as crude soars
NEW YORK (AP) — The leaders of OPEC and its oil-producing allies are sticking with their plan to gradually increase…
European Stocks Slip, Oil Passes $110, As Ukraine Crisis Continues
By Elizabeth Howcroft LONDON (Reuters) – Stocks came under renewed pressure and oil spiked further on Wednesday, as Russia showed…
UN: Droughts, less water in Europe as warming wrecks crops
LA HERRADURA, Spain (AP) — “Herders and farmers have their feet on the ground, but their eyes on the sky.”…
European Bank Shares Slide Further; Russia’s Sberbank Exits Europe
FRANKFURT (Reuters) – European banks opened lower on Wednesday after two days of steep losses as the crisis in Ukraine…
‘Minister No’: Lavrov embodies Moscow’s steely posture
MOSCOW (AP) — As Russia’s top diplomat during the invasion of Ukraine, Foreign Minister Sergey Lavrov is embodying the Kremlin’s…
World’s Major Companies Lag On Climate, Some Markets Regress Since Paris
By Simon Jessop LONDON (Reuters) – The corporate world remains far from being aligned with global climate goals, and in…