European Central Bank last-minute meeting to look at market conditions

Christine Lagarde, President of the European Central Bank. The central bank has scheduled a last-minute meeting amid rising bond yields. Daniel Roland | Afp | Getty Images The European Central Bank announced an unscheduled monetary policy meeting for Wednesday, at a time when bond yields are surging for many governments across the euro zone. “They … Read more

Ukraine president hails troops; chemical plant sheltering civilians hit

Ukrainian President Volodymyr Zelenskyy speaks on June 6, 2022. As bitter fighting raged in the city of Sievierodonetsk, Ukraine’s president hailed his country’s fighters for defying Russian forces in his country’s eastern Donbas region. Ukrainian Presidency | Anadolu Agency | Getty Images As bitter fighting raged in the city of Sievierodonetsk, Ukraine’s president hailed his … Read more

US, Europe to improve food chains after India bans wheat exports

PARIS – The United States and the European Union are looking at how to improve food supply chains with export restrictions from India and other nations accentuating global problems, the EU trade chief told CNBC. G-7 foreign ministers warned over the weekend that the war in Ukraine is increasing the risk of a global hunger … Read more

Finland is just days away from applying for NATO membership

HELSINKI, Finland – After completing a few more steps, Finland will be ready to send its application to join the NATO military alliance, the country’s foreign affairs minister told CNBC Tuesday. The Nordic nation has been considering joining the alliance in the wake of Russia’s unprovoked invasion of Ukraine. Finland’s Prime Minister Sanna Marin has … Read more

Putin-ally Orban stalls Europe’s oil embargo against Moscow

Hungary Prime Minister Viktor Orban – a longtime ally of Russian President Vladimir Putin – has said that ending Russian oil purchases would be an “atomic bomb” on Hungary’s economy. Attila Kisbenedek | Afp | Getty Images The European Union is struggling to approve a sixth round of sanctions against Russia with a few nations … Read more

President Emmanuel Macron faceoff with Marine Le Pen

The second – and final – round of voting sees centrist incumbent Emmanuel Macron face off against nationalist and far-right candidate Marine Le Pen. Chesnot | Getty Images News | Getty Images French citizens are heading to the polls Sunday in a presidential election set against the backdrop of war in Ukraine and a cost … Read more