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
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,
Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries—including Greece, Portugal and the U.K.—are on track to erase the additional debt raised to combat the Covid-19 pandemic as
WASHINGTON—A rift between Western democracies and Russia and China is forcing policy makers to figure out how to keep conversations alive among nations with diverse views as they face economic challenges arising from the war in Ukraine. Indonesia’s announcement Friday that it has invited the leaders of Russia and Ukraine to a November meeting of
WASHINGTON—Top world financial officials gathered in Washington this past week confronted a grim picture of the growing economic costs of Russia’s war in Ukraine and the challenges they face to help pay Ukraine’s short- and long-term bills. Ukraine needs around $5 billion a month in budgetary support for up to five months and roughly $600
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
Sophia Dubova, Yuri Alekseev, a prominent pro-Moscow journalist who runs a Russian-language viewpoint site, in his office in Riga, Latvia, previously this month. national security advisor to the Latvian president. “Its a way to deteriorate the nation by producing divides in society.” RIGA, Latvia– For years, the Kremlin believed it had a toehold in the
” A more stable, integrated region gives us a stronger foundation for resolving shared dangers like these,” Mr. Blinken stated Sunday, calling the summit a gathering that would have been “unimaginable just a couple of years back.” New diplomatic and security ties are reshaping the Middle East as previous enemies look for unity in containing
WARSAW– President Biden appeared to call for Vladimir Putins ouster in a speech Saturday, saying the Russian presidents intrusion of Ukraine had fired up a “brand-new battle for flexibility” between democracies and autocracies.” For gods sake, this male can not stay in power,” Mr. Biden said at the Royal Castle before almost a thousand participants,
