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BRUSSELS (Reuters) -Ukrainian President Volodymyr Zelenskiy hailed “very important” new U.S. and European Union energy sanctions on Russia on Thursday, but said more pressure would be needed on Moscow to secure a ceasefire in the war. The United States unveiled sanctions against Russia’s major oil companies on Wednesday, a day after plans for a summit …

Zelenskiy hails new energy sanctions on Russia, seeks more pressure on Moscow Read More »

By Dmitry Antonov, Pavel Polityuk and Jeff Mason MOSCOW/KYIV/WASHINGTON (Reuters) -The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms. The new sanctions were unveiled one day after …

US sanctions Russian oil companies as Moscow holds nuclear drills Read More »

By Simon Johnson STOCKHOLM (Reuters) -When Sweden’s then-finance minister Goran Persson dashed to New York during the country’s early 1990s financial crisis to plead with Wall Street investors to keep buying its debt, he stayed in a budget hotel infested with cockroaches. That reflected the Finance Ministry’s strict “absolutely no extravagance” policy, Persson, who later …

Analysis-What France and others can learn from Sweden’s hard budget lessons Read More »

By Stephanie van den Berg THE HAGUE (Reuters) -The United Nations’ top legal body, the International Court of Justice, on Wednesday gave an advisory opinion saying that Israel is under the obligation to ensure the basic needs of the civilian population in Gaza are met.     The panel of 11 judges added Israel has to support …

World Court says Israel must allow UN aid to Gaza and ensure basic needs of Palestinians are met Read More »

By Pavel Polityuk KYIV (Reuters) -Russian drones attacked the Ukrainian capital for the second night, injuring four people, officials said early on Thursday. Tymur Tkachenko, head of Kyiv’s military administration, said drones had damaged several dwellings and other buildings, including a kindergarten. City officials warned residents of a possible missile attack on the capital. On …

Russian drones attack Kyiv for second night, officials say Read More »

By Jeff Mason WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday he canceled a planned summit with Russian President Vladimir Putin, citing a lack of progress in diplomatic efforts and a sense that the timing was off. “We canceled the meeting with President Putin — it just didn’t feel right to me,” Trump told …

Trump says he canceled Putin summit due to stalled negotiations Read More »

By Julia Payne BRUSSELS (Reuters) -EU countries approved a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports, the Danish rotating presidency of the EU said on Wednesday. “We are very pleased to announce that we have just been notified by the remaining …

EU approves 19th package of Russian sanctions including LNG ban Read More »