Former President Donald Trump on Monday called on Russia and Ukraine to reach an agreement to end the war, which began on Feb. 24. Trump said on the 55th day of Russian President Vladimir Putin’s invasion of Ukraine that “it doesn’t make sense that Russia and Ukraine aren’t sitting down and working out some kind…
Trump Urges Russia and Ukraine to Work Out ‘Some Kind of Agreement’
April 19, 2022
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Dollar Holds After Job Report Posts Positive Numbers and European Tensions Flare
April 5, 2022
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The U.S. dollar gained ground for three straight sessions assisted by robust U.S. job growth in March, expectations of faster rate hikes by the Fed, and the prospect of increased sanctions on Russia amid rising Ukrainian civilian casualties. The USD/EUR rebounded from a low of 0.8946 on March 30 to end April 4 at 0.9112,…
‘Mistake’ to Hold on to Nord Stream 2, Says German President
April 5, 2022
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German President Frank-Walter Steinmeier on Monday acknowledged that his previous support for the Nord Stream 2 gas pipeline had been a mistake. Steinmeier, long an advocate of Western rapprochement with Russia, expressed regret for his prior backing of the controversial pipeline project. “My adherence to Nord Stream 2 was clearly a mistake,” he said. “We…
Russian Journalist Oksana Baulina Killed in Kyiv Rocket Strike
A Russian journalist has been killed during shelling by Russian forces at a shopping center in the Ukrainian capital Kyiv, according to reports. Oksana Baulina, 42, was reporting for independent Russian investigative news website The Insider when she was caught up in shelling by Russian forces, the news site said in a statement. The journalist,…
Russian Regulator Blocks Google News Over ‘Unreliable’ Information on Ukraine Invasion
March 24, 2022
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Russia’s media regulator on Wednesday blocked Google’s news aggregator service, accusing it of providing access to materials containing “unreliable” information about the Russian-Ukraine conflict. Roskomnadzor, the communications regulator, said it had acted on a request from the office of Russia’s prosecutor general. It said access to the online resource news.google.com has been blocked. “The American online…
Russia Expels US Diplomats in Retaliatory Move Amid Ukraine Invasion
March 23, 2022
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Moscow on Wednesday announced that it will expel U.S. diplomats from Russia. Russia’s Ministry of Foreign Affairs said the U.S. embassy in Moscow was handed a list of its diplomats that were declared “persona non grata.” Persona non grata means “an unwelcome person.” “On March 23, a note with the list of the American diplomats…
Global Energy Agency Proposes Car-Less Sundays to Help Reduce Oil Use
Adopting a 10-point plan that includes car-less Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, the International Energy Agency (IEA) claims. “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point Plan…
Global Energy Agency Proposes Carless Sundays to Help Reduce Oil Use
Adopting a 10-point plan that includes carless Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, according to the International Energy Agency (IEA). “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point…
White House Anticipates Global Food Shortage Sparked by Ukraine Invasion
March 21, 2022
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The White House anticipates a global food shortage due to the full-scale invasion launched by Russian President Vladimir Putin, press secretary Jen Psaki said on Monday. Psaki said that although the United States is not likely to be impacted by a food shortage, the White House does expect that higher energy, fertilizer, wheat, and corn…
Ukraine War Could Cut Down European Car Output by 15 Percent: Wells Fargo Analyst
March 15, 2022
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The Russia-Ukraine war could shave off up to 15 percent of European car production in the first half of this year, predicts a Wells Fargo analyst, leading to a contraction in availability of new vehicles. Ukraine is a major supplier of wire harnesses, which are usually one of the first components to be installed in…
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