BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures on Sunday after Russia cut gas supplies to Europe last week as it punched back against European sanctions and military support for Ukraine.
Authorities in Sweden and Finland have raised alert levels for cyberattacks, concerned they face increased hacking risks because of the war in Ukraine and the two Nordic countries’ subsequent applications to join NATO. Since Russia invaded Ukraine in February, cybersecurity officials in Sweden and Finland haven’t seen an increase in attacks targeting critical infrastructure, though
NEW DELHI—India said it would ban wheat exports, in a move that will add to global inflationary pressure and further strain global food supplies that have been disrupted by the war in Ukraine. “The food security of India, neighboring and other vulnerable countries is at risk,” India’s Directorate General of Foreign Trade said in a
Jared Kushner’s new private-equity fund plans to invest millions of dollars of Saudi Arabia’s money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign-wealth fund,
OTTAWA– Canada on Monday authorized a landmark strategy for subsidized $8-a-day kid care, a significant win for Liberal Prime Minister Mondays advancement marks a considerable political success for Mr. Trudeau, whose government dramatically shifted to the left of the political spectrum throughout the Covid-19 pandemic and made budget-friendly kid care a focal point of a
LONDON– Hours after Russia got into Ukraine, control of a financial investment lorry long linked in public filings to oligarch The sanctions subject Mr. Abramovich to asset freezes and take a trip bans in the U.K. and EU. Norma is linked to Mr. Abramovich in a number of public filings. In 2021, a U.S. biotech
Russias attack on Ukraine assisted push the price of oil to over $100 a barrel for the very first time given that 2014. Heres how rising oil expenses might further boost inflation across the U.S. economy. Picture illustration: Todd Johnson ” Any doubts countries had about the requirement to diversify into Yuan and other currencies/geographies
European authorities say Russia had actually promised to respond with its precise needs for assurances in the next couple of days. They have actually likewise begun to explore among themselves options for pursuing an offer without Russia, 2 diplomats stated. Wendy Sherman There was no comment from Iran or Russia. The senior U.S. official stated
Seven other Westerners have been detained in Kabul considering that December. Among them is American, and the remaining 6 are British residents, including one U.S. long-term local. They were nabbed separately and deal with undefined allegations. The majority of them had worked in the security sector, according to individuals with understanding of their activities in
The province of Ontario declared a state of emergency situation, pointing out the bridge blockade and a demonstration in Ottawa. Premier Doug Ford said Friday his cabinet would release orders that would develop high fines for demonstrators who obstruct trade passages such as highways and airports, and give authorities the power to revoke the motorists
