Bucha shows the ‘cruel face’ of Russian army, says EU’s chief

Bucha shows the ‘cruel face’ of Russian army, says EU’s chief

KYIV, April 8 (Reuters) – European Commission chief Ursula von der Leyen said the deaths of civilians in the Ukrainian town of Bucha showed the “cruel face” of Russian President Vladimir Putin’s army, pledging to support Kyiv in its defense of the “border of Europe”. During a visit to Bucha, where forensic investigators started to … Read more

Russia laments ‘tragedy’ of troop deaths as Ukraine braces for major offensive

Russia laments ‘tragedy’ of troop deaths as Ukraine braces for major offensive

Russia cites ‘significant losses’ on battlefield Zelenskiy pressures West to do more, calls for full energy ban Teams scour rubble of destroyed buildings in towns near Kyiv LVIV, Ukraine, April 8 (Reuters) – Russia gave the most sombre assessment so far of its invasion of Ukraine, describing the “tragedy” of mounting troop losses and the … Read more

Why the US is targeting Putin’s daughters Katerina and Maria

Why the US is targeting Putin’s daughters Katerina and Maria

WASHINGTON, April 6 (Reuters) – The United States’ latest round of sanctions on Russia includes two new targets: Russian President Vladimir Putin’s two adult daughters, Katerina and Maria, who US officials believe are hiding Putin’s wealth. Putin’s daughter Katerina Vladimirovna Tikhonova is a tech executive whose work supports the Russian government and its defense industry, … Read more

Fed officials to take clearer to balance sheet; ‘many’ back big rate hikes

Fed officials to take clearer to balance sheet;  ‘many’ back big rate hikes

April 6 (Reuters) – Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first US interest rate increase. Minutes of the Fed’s March 15-16 meeting showed … Read more

Biden administration holds EV industry meeting with Musk, Barra

Biden administration holds EV industry meeting with Musk, Barra

WASHINGTON, April 6 (Reuters) – The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla (TSLA.O) Chief Executive Elon Musk and General Motors (GM.N) Chief Executive Mary Barra to discuss electric vehicles and charging. The administration said in a statement “there was broad consensus that charging stations and vehicles … Read more

US sanctions Putin’s daughters and more Russian banks

US sanctions Putin’s daughters and more Russian banks

St. Basil’s Cathedral and towers of Kremlin are silhouetted against the sunset in Moscow, Russia August 12, 2021. REUTERS/Evgenia Novozhenina/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 6 (Reuters) – The United States targeted Russian banks and elites with a new package of sanctions on Wednesday, including banning Americans from … Read more

Big Oil to tell Congress markets, not companies, set fuel prices-testimony

Big Oil to tell Congress markets, not companies, set fuel prices-testimony

Gasoline drips out of a nozzle held by a gas station mechanic in Somerville, Massachusetts, US, March 7, 2022. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 5 (Reuters) – US oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the … Read more

In UN speech, Ukraine’s Zelenskiy accuses Russia of worst war crimes since WW2

In UN speech, Ukraine’s Zelenskiy accuses Russia of worst war crimes since WW2

UNITED NATIONS, April 5 (Reuters) – Ukrainian President Volodymyr Zelenskiy told the United Nations Security Council on Tuesday that “accountability must be inevitable” for Russia as he accused invading Russian troops of committing “the most terrible war crimes” since World War Two. Zelenskiy showed a short video of burned, bloodied and mutilated bodies, including children, … Read more

Fed’s Williams: Pace of rate increases depends on how economy responds

Fed’s Williams: Pace of rate increases depends on how economy responds

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more

US officials circle globe to keep pressure on Putin as ruble rises

US officials circle globe to keep pressure on Putin as ruble rises

US Secretary of State Antony Blinken meets with Abu Dhabi’s Crown Prince Mohammed bin Zayed Al Nahyan at his residence in Rabat, Morocco, March 29, 2022. Jacquelyn Martin/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 31 (Reuters) – Senior US officials fanned out this week to press world … Read more