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British Vogue puts Queen Elizabeth on cover to mark Platinum Jubilee
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Exclusive-OPEC officials tell EU of unease about proposed ban on Russian oil, sources say
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Swiss freeze more than $6 billion worth of sanctioned Russian assets
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Biden seeks more military aid to Ukraine as West showcases unity against Russian war
Diesel shortage in Europe threatens to slow economic growth
Date: March 24, 2022
By Bozorgmehr Sharafedin and Rowena Edwards LONDON (Reuters) – European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited. Russia is Europe’s largest supplier of diesel and related fuels, sending over three quarters of...
Britain’s Queen Elizabeth hopes to attend memorial service for late husband Philip
Date: March 24, 2022
LONDON (Reuters) – Britain’s Queen Elizabeth hopes to attend a memorial service next week for her late husband Prince Philip, a palace source said on Thursday, after the 95-year-old monarch cancelled a public appearance earlier this month. The queen’s health has been in focus since she spent a night in hospital last October for an...
A month into war, communicator-in-chief Zelenskiy strives to keep eyes on Ukraine
Date: March 24, 2022
By Matthias Williams, Margaryta Chornokondratenko and Stephen Farrell LONDON/LVIV, Ukraine (Reuters) – The props were simple, the message was clear. In a video address to the nation this week, Ukrainian President Volodymyr Zelenskiy held up his smartphone to the camera and started a timer app while an air raid siren blared. “It lasted 20 seconds,”...
Stoltenberg to extend NATO term by one year amid Ukraine war – reports
Date: March 24, 2022
By Terje Solsvik OSLO (Reuters) -NATO Secretary-General Jens Stoltenberg is set to extend his term as head of the alliance by another year due to the war in Ukraine, Norwegian broadcaster TV2 and daily Dagens Naeringsliv reported on Thursday, citing unnamed sources. Stoltenberg’s term expires on Oct. 1 and he had been due to take...
Shares, oil volatile ahead of NATO Russia-Ukraine summit
Date: March 24, 2022
By Marc Jones LONDON (Reuters) – World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while “stagflation” worries rose on renewed talk of aggressive U.S. interest rates hikes and slowing growth. Europe’s main stock indexes barely budged and government bond yields edged up toward multi-year highs hit...
Bank of England questions tighter bank capital rules after Ukraine invasion
Date: March 24, 2022
By David Milliken and Huw Jones LONDON, March 24 (Reuters ) – The Bank of England said on Thursday that it might not go ahead with plans announced in December to raise banks’ capital requirements in the coming quarter, given Russia’s invasion of Ukraine. The BoE said major British lenders’ capital and liquidity position remained...