Brexit caused a ‘major shock’ to U.K. trade patterns, study says
However, the researchers stressed that the results may "reflect temporary changes,” since the study captures only the first year of Brexit and didn’t asses trade in services.
Russia’s war is turbocharging the world’s addiction to coal
Demand had already been on the rise since last year amid a natural gas shortage and as electricity use surged after pandemic restrictions were rolled back.
U.S. and EU are looking at ways to slash Putin's oil money
But one U.S. concern is that an outright EU ban on Russian oil could see prices skyrocket and give the Kremlin even more revenue.
G20 finance chiefs condemn Russia, with some members staging walkout
Indonesia's finance chief, who chaired a meeting of G20 finance officials in Washington, acknowledged the body faced unprecedented challenges but called for cooperation.
U.S., Japan and EU back swift aid to Ukraine as assault in east starts
Prime Minister Fumio Kishida told his counterparts that the government will increase the amount of its loans to be extended to Kyiv to $300 million.
Bleak assessments of the Russian economy clash with Putin’s rosy claims
Russia’s central bank chief has warned that the consequences of sanctions were only beginning to be felt, and Moscow’s mayor said 200,000 jobs were at risk in the capital alone.
No longer business as usual: The deteriorating Sino-EU relationship
It was a meeting that was supposed to emphasize the need for cooperation on global challenges. Instead, an EU-China summit earlier this month highlighted their growing divide.
Kishida considering Southeast Asia trip as Russia and China concerns grow
Kishida is planning to travel to Thailand, Indonesia and Vietnam during the Golden Week holidays, and is also considering a visit to Europe during the period.
Ukraine seeks ruinous sanctions on Russia amid European hesitancy
The democratic world must reject Russian oil and completely block Russian banks from the international finance system, President Volodymyr Zelenskyy said.
EU’s top envoy calls summit with China’s Xi a ‘deaf dialogue’
China has come under pressure from the U.S. and others to take a clear line against the invasion, as its diplomats and state media play down civilian casualties.
Europe’s Russia coal ban foreshadows higher global energy prices
Prices are already soaring in a market that has been tight for months. European coal jumped 14% to a three-week high after news of the proposed ban.
Putin’s war has given birth to a geopolitical Europe
While some expected the European Union to dither, disagree and delay, it sprung into action at record speed to support Ukraine.
