Pre-market: Russian oil price cap could destabilize the market

A version of this story first appeared in the CNN Business “Before the Bell” newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. London CNN Business – Europe and the United States have blocked the import of Russian oil … Read more

Iran applies to join China and Russia in the BRICS club

Iran applies to join BRICS Russia says the West is failing Argentina has also applied to join the BRICS – Russia DUBAI/LONDON (Reuters) – Iran, which has the world’s second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa, which Beijing and Moscow see as a … Read more

Kremenchug shopping mall in central Ukraine was hit by a Russian air strike, raising fears of mass casualties

Ukrainian President Volodymyr Zelensky said after the strike that up to 1,000 people were in the mall before the air strike was announced. “Fortunately, as far as we know, at the time a lot of people were able to get out, and they were able to get out, but there were still people inside – … Read more

Ukraine says at least 11 people were killed in a Russian missile attack on a shopping mall

Ukrainian officials say a shopping center was hit by missiles President Zelensky condemns the attack Russia denies targeting civilians in Ukraine KREMENCHUK, Ukraine (Reuters) – Two Russian missiles struck a crowded shopping center in the central Ukrainian city of Kremenchug on Monday, killing at least 11 people and wounding 50, the region’s governor said. President … Read more

Russia entered its first major foreign bond default in a century

The clock on the Spasskaya Tower shows the time at noon next to the Moscow Kremlin and St. Basil’s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Register now to get free unlimited access to Reuters.com Register The grace period ends on a $100 million interest payment due on May 27th US official says Russia’s default is … Read more

Stocks extend bear market rebound as inflation worries subside

MILAN / TOKYO (Reuters) – Global stocks extended their rebound on Monday, benefiting from Wall Street’s strong close on Friday as off-peak oil prices helped improve sentiment and allay fears of persistent inflation. Strong morning gains in Europe and rebound in Asian markets after China eased further restrictions on COVID-19 pushed MSCI global stock indexes … Read more

Russian forces set their sights on Lyschansk in the battle for eastern Ukraine

Ukraine needs a modern air defense system – Zelensky The United States announces a missile defense system for Ukraine – source Russian missiles hit Kyiv for the first time in weeks Biden condemns Kyiv attack, describing it as a “barbaric” act Kyiv/POKROVSK, Ukraine (Reuters) – Russian forces were battling on Monday for Lyschansk, the last … Read more

Russian missiles hit Kyiv as the G7 summit in Europe kicks off

CNN – Russia attacked the Ukrainian capital Kyiv With a series of rocket attacks on Sunday, as leaders of the Group of Seven nations gather in Germany for the first day of their annual life summit. One person was killed and at least six were injured in a Russian missile strike that hit an apartment … Read more

Rights groups call for an investigation into deaths at the Melilla crossing | Refugee News

Rights groups in Morocco and Spain have called for an investigation into the killing of 23 people during an attempt to cross into the Spanish enclave of Melilla in North Africa. Authorities said the individuals died on Friday as a result of the “scramble” after about 2,000 people tried to climb the iron fence separating … Read more

Russian missiles hit Ukraine, says Kyiv

Ukraine says Russia is carrying out large-scale bombing A chemical factory was bombed, where civilians were trapped Ukrainian forces withdraw from Severodonetsk Dozens of missiles hit Ukrainian military bases Kyiv (Reuters) – Russian missiles fell on Ukraine on Saturday, hitting military facilities in the west and north as well as a southern city in Europe’s … Read more