The EU rewiring due to the war in Ukraine is game-changing, if it does not short-circuit before the job is done

Europe has been rewiring itself in impressive ways in the five months since Russian President Vladimir Putin launched his invasion of Ukraine. The coming weeks will show whether that work of building a more resolute European Union for a future of new security challenges will continue. Or, instead, will the rewiring short-circuit before the job … Read more

NATO warns of long Ukraine was as Russian assaults follow EU boost for Kyiv

NATO’s Stoltenberg says Russia’s war in Ukraine could last for years. Valeria Mongelli | Afp | Getty Images The war in Ukraine could last for years, the head of NATO said on Sunday, as Russia stepped up its assaults after the European Union recommended that Kyiv become a candidate to join the bloc. Jens Stoltenberg … Read more

Russia is weaponizing food supplies to ‘blackmail the world’

People clean the debris from their destroyed house after a missile strike, which killed an old woman, in the city of Druzhkivka (also written Druzhkovka) in the eastern Ukrainian region of Donbas on June 5, 2022. Aris Messinis | AFP | Getty Images Russian airstrikes hit a freight railcar repair factory in the Ukrainian capital … Read more

Oil prices jump after EU leaders agree to ban most Russian crude imports

EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022. Joe Klamar | Afp | Getty Images Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year. During Asia hours on Tuesday, US crude futures for … Read more

Europe lambasted for failing to deter Putin’s war

DAVOS, Switzerland – The European Union failed to counter Russian President Vladimir Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC on a panel at the World Economic Forum. “We are too Euro-centric on this crisis, in the sense we think this … Read more

Davos 2022 summit: Ukraine crisis on top of agenda

Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressed-up main street in Davos has been transformed by Ukrainian artists into a “Russian War Crimes House”, portraying images of misery and devastation. Russia has denied allegations of war … Read more