WASHINGTON (Reuters) – The Biden Administration will ask Congress for $6.4 billion dollars in economic and military aid to help Ukraine as it fights the Russian invasion, Democratic Senate Majority Leader Chuck Schumer said on Sunday. Schumer said the …
BP retreats from Russia’s Rosneft at cost of $25 billion over Ukraine invasion
By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) -BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft in the wake of Russia’s invasion of Ukraine, marking an abrupt and costly end to 30 at times fraught years operating in th…
Two of Russia’s billionaires call for peace in Ukraine
By Guy Faulconbridge and Catherine Belton LONDON (Reuters) -Two Russian billionaires, Mikhail Fridman and Oleg Deripaska, called for an end to the conflict triggered by President Vladimir Putin’s assault on Ukraine, with Fridman calling it a tragedy fo…
Putin puts nuclear deterrent on alert as West rallies behind Ukraine
By Maria Tsvetkova KYIV/MOSCOW (Reuters) – President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which said it had repelled Russian ground forces attacking …
Ukraine and Russia agree to talks without preconditions, Zelenskiy says
LVIV, Ukraine (Reuters) – Ukrainian and Russian officials will meet for talks at a venue on the Belarusian border with Ukraine, President Volodymyr Zelenskiy’s office said on Sunday. The talks, the first since Russia unleashed a full scale invasion of …
Ukraine’s government raises crypto worth $8 million in crowdfunding appeal
By Tom Wilson LONDON (Reuters) – Ukraine’s government has raised almost $8 million in cryptocurrencies after posting appeals on social media for donations of bitcoin and other digital tokens, according to blockchain analysis company Elliptic. Ukraine’s…
U.S. Democrats stockpile lawyers, money to fight Republican voting laws
By Trevor Hunnicutt WASHINGTON (Reuters) – Democrats are gearing up to spend record sums on lawyers, advertising and other protect-the-vote efforts before the 2022 midterm elections, hoping to stave off Republican efforts they believe will choke off ac…
Stocks set for a painful week as conflict intensifies; bonds to gain
By Saikat Chatterjee LONDON (Reuters) – World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine and as fighting intensified for a fourth day. U.S. stocks h…
Ukraine’s Zelenskiy says Russia’s actions bear signs of ‘genocide’
(Reuters) – Ukraine’s President Volodymyr Zelenskiy urged the world on Sunday to scrap Russia’s voting power at the U.N. Security Council and said Russian actions verged on “genocide.” “This is terror. They are going to bomb our Ukrainian cities even m…
N.Korea resumes missile tests with first launch in a month
By Josh Smith SEOUL (Reuters) -North Korea fired what could be a ballistic missile on Sunday, military officials in South Korea and Japan said, in what would be the first test since the nuclear-armed country conducted a record number of launches in Jan…