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.
Financial News
Britain will reveal crypto regulation plans in coming weeks, sources say
British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC.
Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine
President Joe Biden said Russian leader Vladimir Putin “cannot remain in power” over his invasion of Ukraine.
Yemen’s Houthis claim attack on Aramco facility after reports of a huge fire in Saudi city of Jeddah
The Iran-backed Houthis claimed they were behind the strike with a military spokesperson adding that they had also used drones to hit the Ras Tanura and Rabigh refineries, according to Reuters.
EU leaders send a message to China: Use your leverage to stop Putin
EU leaders had one message for Beijing as they gathered in Brussels to discuss new sanctions against Russia: stop President Vladimir Putin.
U.S. government formally accuses Russia of committing war crimes in Ukraine
Secretary of State Antony Blinken formally announced Wednesday that the United States government believes Russia has committed war crimes in Ukraine.
Elon Musk breaks out the dance moves as he opens new Tesla factory in Germany
Elon Musk officially opened Tesla’s first manufacturing facility in Europe as the company looks to take pressure off its other factories in the U.S. and China.
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
Federal Reserve Chairman Jerome Powell vowed tough action on inflation, which he said jeopardizes an otherwise strong recovery.
Saudi Aramco’s full-year profit more than doubles on soaring oil prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Biden warns Xi of global backlash if China helps Russia’s attack on Ukraine
Biden and Chinese Pres. Xi Jinping agreed to work for peace in Ukraine. But China refused to say Russia was responsible for its brutal invasion of the country.