UK has detected a new Covid variant. Here’s what we know so far about omicron XE
A new omicron sub-variant has been detected in the U.K. as the country faces a renewed surge in Covid-19 hospitalizations.
Financial News
U.S., allies set to impose more sanctions on Russia following outrage over possible war crimes
The U.S. and its European allies are preparing to deliver another package of sanctions on Russia as evidence mounts of possible war crimes in Ukraine.
Biden calls to put Putin on trial for war crimes over Russia killings in Ukraine
President Joe Biden said evidence needs to be gathered to put Russian leader Vladimir Putin on trial for war crimes related to his nation’s invasion of Ukraine.
Right-wing Prime Minister Viktor Orban takes early lead in Hungary election
Nationalist Prime Minister Viktor Orban looks set to remain in power in Hungary with early projections showing his Fidesz party leading by a wide margin.
No recession — but a growth slowdown due to Russia-Ukraine war, EU economics chief says
The EU’s economics chief, Paolo Gentiloni, said Saturday that the Ukraine crisis will usher in a period of lower growth for the 19 countries sharing the euro.
Dow climbs more than 100 points as Wall Street begins second quarter on a positive note
Stocks churned near the flat line as investors evaluated a new quarter of trading and a troublesome bond market recession indicator.
Dow drops 500 points to end worst quarter for stocks in 2 years
Stocks ended a rough first quarter on a sour note.
Recession warning from Germany’s top economic advisors as Putin’s gas deadline nears
There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean for European economies.
The invasion of Ukraine has serious, unintended consequences for Russia. Here are just 5 of them
When Russia invaded Ukraine, it was widely believed to have expected an easy victory. But Moscow is facing unintended consequences of its aggression in Ukraine.
Russia claims to have changed its strategy in Ukraine — but there are doubts over its real intentions
There is little to suggest that Russia has actually changed its military strategy.