European inflation soars to a record 7.5% on fuel, food costs.

LONDON: Inflation in Europe soared to another record, according to new EU figures released in a fresh sign. That rising energy prices...

Russians shift focus from Kyiv, scaling back goals in war?

WASHINGTON USA: Russian forces in Ukraine seem to have shifted their focus from a ground offensive aimed at Kyiv the capital. Instead,...

Ukraine war drives the US, EU deal to undercut Russian energy

BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again. Especially...

Biden pledges new Ukraine aid warns Russia on chemical weapons.

BRUSSELS Belgium: President Joe Biden and Western allies pledged new sanctions and humanitarian aid. In response to Vladimir Putin’s assault on Ukraine....

The U.S. reinstates 352 product exclusions from China tariffs.

WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs...

Ukraine reports 300 dead in airstrike on Mariupol theater

KYIV, Ukraine: About 300 people were killed in the Russian airstrike last week on a Mariupol theater that was being used as...

Singapore core inflation cools while acceleration risks loom

SINGAPORE: Core inflation in Singapore cooled slightly last month. But is expected to pick up further in the near term, setting the...

Russian stock market, crushed by war, will partially reopen

NEW YORK USA: Russia plans to reopen its stock market for limited trading. Nearly one month after shares plunged and the exchange...

Putin wants ‘unfriendly countries’ to pay rubles for gas.

MOSCOW Russia: President Vladimir Putin announced that Russia will demand that “unfriendly″ countries pay for Russian natural gas exports only in rubles...

NATO, in Arctic training drills, faces up to Putin’s ‘unpredictable’ Russia.

BARDUFOSS, Norway: NATO must face a Russian adversary that is more unpredictable and ready to take greater risks to project power in...